Animal-Based Protein Supplement Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

The global animal-based protein supplement market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2023-2030). New product launches are anticipated to drive the growth of the global animal-based protein supplement market. For instance, in April 2023, Denmark-based Arla Foods Ingredients launched a line of whey proteins based on a patented microparticulation technology to meet the growing consumer demand for protein quality. Branded as Nutrilac ProteinBoost, the product was created to meet the needs of health-conscious consumers and manufacturers. The products in the range can be used in various applications in the dairy and sports nutrition spaces, including yogurt, desserts and dairy beverages.

Further, In January 2023, Molvest Group has launched additional facilities at its plant in Kalach, Voronezh Region for intensive processing of milk to produce milk protein concentrate at a cost of about 2 billion rubles. The new production line can process 200 tonnes of milk per day, producing 85.0% milk protein concentrate, for which there is strong demand in the food industry. The concentrate is used in baby food, sports and dietetic nutrition, as well as production of cottage and soft cheeses, meat products and convenience foods.

In November 2020, Ingredia had launched two milk proteins at FI Connect, Promilk Yogfluid and Promilk B Max. Promilk Yogfluid was developed for high protein drinking yogurts, and features unique properties which allows raising protein content in recipe up to 12% in the finish product. Promilk B Max, is a clean-label texturiser. Made from dairy, the texture enhancer enables companies to formulate products with 100% dairy ingredients. Such product launches are anticipated to promote the growth of the global market.

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Market Coverage

                 The market number available for – 2022-2030

                 Base year- 2022

                 Forecast period- 2023-2030

Segment Covered- 

                 By Product Type

                 By distribution Channel

                 By Application

Regions Covered-

                 North America

                 Europe

                 Asia-Pacific

                 Rest of the World

Competitive Landscape- Glanbia plc, Muscle Pharm Corp., Abbott Laboratories, Cyto Sport, Inc., and Iovate Health Sciences International Inc. among others.

Animal-Based Protein Supplement Market Report Segment

By Product 

                 Protein Powder

                 Protein Bars

                 Ready-to-drink

By Distribution Channel

                 Supermarkets/Hypermarkets

                 Online

                 Chemist/ Drugstore

                 Specialty Store

                 Other

By Application

                 Sports Nutrition

                 Functional Food

A full Report of Animal-Based Protein Supplement Market is Available @  https://www.omrglobal.com/industry-reports/animal-based-protein-supplement-market

Animal-Based Protein Supplement Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

       Latin America

       Middle East and Africa 

Company Profiles

                 Abbott Laboratories

                 AMCO Protein

                 CytoSport, Inc.

                 Glanbia plc

                 Iovate Health Sciences International Inc.

                 MusclePharm Corp.

                 NOW Foods

                 QuestNutrition

                 THE BOUNTIFUL COMPANY

                 Transparent Labs

                 WOODBOLT DISTRIBUTION LLC

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