Global Hydrolyzed Animal Proteins Market

Hydrolyzed Animal Proteins Market Size, Share, Growth Analysis, By Type(Fish Proteins, Dairy Proteins, Meat, Poultry & Beef Products), By Form(Liquid, Powder), By Application(Animal Nutrition, Dairy Products, Bakery Products, Functional Foods), By Region - Industry Forecast 2024-2031

Report ID: SQMIG30H2038 | Region: Global | Published Date: February, 2024
Pages: 224 | Tables: 95 | Figures: 76

Hydrolyzed Animal Proteins Market Regional Insights

North America dominated the Hydrolyzed Animal Proteins market share in 2021. The availability of modern technologies for the manufacture and processing of protein components as well as the presence of a thriving food sector are expected to support market expansion. Market expansion is probably encouraged by the rising popularity of high-protein diets. The second-largest economy in the world, China, is anticipated to reach a projected market size of US$114 million by the year 2028, growing at a CAGR of 8.2 percent from 2022 to 2028 due to rising consumer disposable income and declining production costs as a result of the introduction of new technologies. Additionally, a large consumer base and an abundance of raw materials in the area are anticipated to fuel market expansion.

Japan and Canada are two more notable geographic markets, with growth rates of 2.9% and 4.1%, respectively, predicted for each for the years 2022–2028.

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Hydrolyzed Animal Proteins Market size was valued at USD 1.41 billion in 2019 and is poised to grow from USD 1.5 billion in 2023 to USD 2.3 billion by 2031, growing at a CAGR of 5.48% in the forecast period (2024-2031).

The existence of several international players defines the market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our hydrolyzed animal proteins market reports, some of the leading hydrolyzed animal proteins manufacturers are as follows: Arla Foods Ingredients (Denmark), Group P/S (India), BRF S.A. (Brazil), Cargill, Inc. (US), Essentia Protein Solution(US) Fonterra Co-operative Group (New Zealand), GELITA (Germany), Kemin Industries, Inc.(US), Kerry, Inc.(Ireland), Lactalis Ingredients (France), Novozymes A/S(Denmark) 'Archer Daniels Midland Company', 'Cargill, Incorporated', 'Gelita AG', 'Darling Ingredients Inc.', 'Kewpie Corporation', 'FrieslandCampina Ingredients', 'Rousselot International', 'Kerry Group', 'Tyson Foods, Inc.', 'Burcon NutraScience Corporation', 'DowDupont Inc.', 'Davisco Foods International, Inc.', 'Tessenderlo Group', 'Ajinomoto Co., Inc.', 'JBS S.A.', 'Tate & Lyle PLC', 'Roquette Frères S.A.', 'Omega Protein Corporation', 'Hill Pharma Inc.', 'Mead Johnson Nutrition Company'

The growth of the hydrolyzed animal protein market is anticipated to be aided by the increasing significance of high protein diets in changing consumer lifestyles and preferences. The market is anticipated to expand as a result of the increased product demand for weight control and general health maintenance.

Working individuals and professionals are avoiding an unhealthy lifestyle by routinely engaging in high-intensity exercises to increase their metabolism, build muscle, and burn fat in order to prevent sicknesses. The market for beef protein isolate is expanding as a result of individuals becoming more aware of the value of dietary supplements in addition to regular exercise because to the quick development of digital media, social media, and rising literacy rates.

North America dominated the Hydrolyzed Animal Proteins market share in 2021. The availability of modern technologies for the manufacture and processing of protein components as well as the presence of a thriving food sector are expected to support market expansion. Market expansion is probably encouraged by the rising popularity of high-protein diets. The second-largest economy in the world, China, is anticipated to reach a projected market size of US$114 million by the year 2028, growing at a CAGR of 8.2 percent from 2022 to 2028 due to rising consumer disposable income and declining production costs as a result of the introduction of new technologies. Additionally, a large consumer base and an abundance of raw materials in the area are anticipated to fuel market expansion.

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Global Hydrolyzed Animal Proteins Market

Report ID: SQMIG30H2038

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