Global Animal Protein Ingredients Market Insights, Forecast to 2025
Proteins extracted from various sources have become a necessity in the food and pharmaceutical industry. There are various sources from which proteins are extracted- plants, animals, eggs, and microbes. The animal protein ingredients include bone meal, blood meal, fish meal, feather meal, etc. They are usually derived from animal by-products. The products like hydrolase collagen and fish oil are very much dependent on the animal protein ingredients market. The animals are a much richer source of proteins and hence, the animal protein ingredients market lever an advantage and growth over its parallel industry, that is, plant-based proteins.
The animal protein ingredients are mainly used for consumption and it is found that both animals and humans show better digestibility than other protein derived from other sources such as plants and microbes. This is an advantage for the animal protein ingredients market over proteins manufactured from other sources. The evident growth for the animal protein ingredients market is evaluated by the growing meat industry because a large share of the animal-based proteins is obtained from the animal by-products from the slaughterhouse industry. The scientific fact that the animal proteins are a more abundant source of nutrients and are considered a whole food as compared to plant and other sourced proteins, also contribute to the growth of the animal protein ingredients market. Also, fishmeal which is an important source of animal protein ingredients, also promote the growth of the animal protein ingredients market, which can be attributed to the growing aquaculture industry. Also, the trend of the sustainable mode of production of meat and feed is being followed across the world and contributes to the animal protein ingredients market as a macroeconomic factor. On the other hand, people are opting for more and more vegan and vegetarian sources for health benefits, and this may hinder the growth of the animal protein ingredients market.
The global Animal Protein Ingredients market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Animal Protein Ingredients market based on company, product type, end user and key regions.
This report studies the global market size of Animal Protein Ingredients in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Animal Protein Ingredients in these regions.
This research report categorizes the global Animal Protein Ingredients market by top players/brands, region, type and end user. This report also studies the global Animal Protein Ingredients market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Omega Protein Corporation
Market size by Product
Market size by End User
Pet Food Industry
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Animal Protein Ingredients market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Animal Protein Ingredients market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Animal Protein Ingredients companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Animal Protein Ingredients submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Animal Protein Ingredients are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Animal Protein Ingredients market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.