Overview:
Proteins refer to the amino acids polymers which are joined together by peptide bonds. Proteins are consider to be the building blocks of body and also function as an efficient source of fuel. Proteins are continuously produced and degraded in living bodies via metabolic processes required for energy storage and recovery. Proteins play a crucial role in living organisms by contributing in all the processes within cells. Animal proteins refer to the proteins derived from animal sources such as meat, milk & eggs. Animal proteins cater to several requirements in various applications such as animal husbandry, food & beverages, healthcare and personal care. Animal proteins consist of balanced amounts of amino acids and hence are considered as complete proteins. Although, since animal proteins contain relatively higher fat content, extra intake of animal proteins can upsurge the threat of heart ailments. Animal proteins account for more than 70% of the overall protein ingredients market. The growth of the global animal protein ingredients market particularly depends on the fluctuations in price of processing methods coupled with the changing dynamics of end use industries. Owing to the rising attention towards body building and health, the number of health clubs and gyms are increasing across the globe. Animal protein ingredients are largely consumed in wellness food as pre workout and post workout supplements. Moreover, animal proteins are also used in pharmaceuticals, food and beverages and several cosmetic products.
Rising demand for healthy food and processed food products is augmenting the growth of the global animal protein ingredients market since proteins delivers all the essential amino acids. Increasing applications of animal protein ingredients especially in the food and beverage, nutraceuticals and dietary supplement is anticipated to bolster the market growth in the foreseeable years. Owing to the rising number of fitness conscious consumers, increasing number of gyms and fitness centers as well as increasing demand for animal protein based energy drinks & processed food products are some other major aspects projected to accelerate the growth of the global animal protein ingredients market. Consumers prefer efficient products with high national value and palatable taste, thus, manufacturers are focusing more on research and development of new and more efficient products. Globalization coupled with increasing per capita disposable incomes has led to a rapid change in the standard of living and lifestyle of the lower and middle class population groups. In addition, due to the ever increasing health concerns across all the age groups, consumers are becoming cognizant about the benefits of animal protein. Moreover, consumers are ready to pay high costs for premium and hygienic food products. However, the void experienced by the food processing industry between supply and demand for food products based on animal proteins such as confectionery, dairy food, meat, beverages and clinical food might hinder the growth of the market. Animal proteins are generally derived from milk, fish, egg, meat and gelatin. Milk and eggs possess a considerable amount of proteins and thus are preferred by all age groups. With the advancement in extraction procedures, several types of animal protein ingredients extracted from milk and eggs are termed as isolates, concentrates and hydrolysates.
The global animal protein ingredients market is segmented on the following bases:
Key Players Identified for Animal Protein Ingredients Market Include but are Not Limited to:
CHS Inc., Archer Daniels Midland Company, Arla Foods Ingredients Group P/S., Cargill Incorporated, Kerry Group plc., Axiom Foods Inc., E. I. du Pont de Nemours and Company and Amco Proteins, Omega Protein Corporation and Gelita AG among other notable players.
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