(Food-Beverage-News.Com, May 24, 2018 ) Global Animal Protein Ingredients Market was worth USD xx billion in 2017 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2022. Animal Proteins are the extracts of protein derived from various sources like milk, meat & egg which find their application in various industries including food & beverages, animal husbandry and health & personal care. These proteins contain balanced amounts of all the amino acids hence considered as complete proteins.
Rise in the consumer disposable income level along with increasing meat demand is expected to drive the animal feed protein ingredients market. Disease outbreaks such as bovine spongiform encephalopathy (BSE) have also contributed to the growth of the market. Rising awareness about the quality of meat is also expected to fuel the market growth during the forecast period. Increasing livestock production is further expected to drive the market. Animal proteins contain high fat content and excess intake of animal proteins can lead to heart diseases posing as a major restraint to market growth.
The market for Animal Protein Ingredients is broadly categorized into form, type, application and functionality. By form the market is classified into isolate, concentrate and hydrolysate. By type the market is divided into egg protein, gelatine and dairy protein. By application the market is classified into food and beverage, nutritional supplements and others. By functionality the market is segmented into emulsification, stabilizing, gelation and others. On the basis of geography, the market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Animal Protein Ingredients market was dominated by Europe followed by North America. Asia Pacific is expected to register the highest CAGR.
Major market participants include Cargill Inc., Dean Foods, Omega Protein Corporation, Gelita AG, Tyson Foods Inc., Valley Proteins Inc., Arla Foods, Protein Feeds, ADM, Darpro Solutions, DuPont and DSM.
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