Animal Protein Ingredients Market Size, Share, Growth Analysis, By Type(Dairy Protein (Milk Protein (Milk Protein Concentrate, Milk Protein Isolates, Milk Protein Hydrolysates) Whey Protein (Whey Protein Concentrate, Whey Protein Isolates), By Form(Solid, Liquid), By Application(Food, Beverages, Nutritional Supplements, Animal Feed), By Region - Industry Forecast 2024-2031

Animal Protein Ingredients Market size was valued at USD 44.08 billion in 2019 and is poised to grow from USD 46.57 billion in 2023 to USD 72.6 billion by 2031, growing at a CAGR of 5.7% in the forecast period (2024-2031).

Protein is essential for supporting crucial physiological processes in animals, such as weight increase, growth performance, and overall health. Plant-derived proteins are distinguished from animal-derived proteins. Animal protein is a type of protein component originating from animal sources such as egg, dairy, fish, and others. Animal protein is widely utilised as a foaming agent, emulsifier, and other additives in the food and beverage, cosmetics, and nutraceuticals sectors. There are several types of animal protein in the market, including egg protein, fish protein, gelatin, and dairy protein. Rise in demand for newborn formula stimulates the market growth such as dairy protein. Furthermore, increased demand for animal protein from the cosmetics and personal care industries is likely to provide significant potential opportunities for the animal protein ingredients market during the forecast period. Animal-derived protein generated from rendered animals improves meal palatability while lowering animal production costs.

The pet food market is thriving across the world, which is predicted to enhance demand for animal protein in the food production industry. Consumer demand for animal protein in diets is growing as people become more aware of its health advantages.

US Animal Protein Ingredients Market is poised to grow at a sustainable CAGR for the next forecast year.