August 16, 2022

The global animal-derived ingredients market size is expected to expand at a substantial pace owing to the rising awareness about the multiple benefits of ingredients extracted from animals. These observations are contained in a recent report, titled “Animal-derived Ingredients Market, 2022-2029” by Fortune Business Insights™.

Animal derivatives have been a part of human civilization since time immemorial. Very useful ingredients derived from animals, such as milk, gelatin, honey, and others, are used as raw materials for various industries such as pharmaceuticals, cosmetics, healthcare, and food & beverage. These ingredients have a high nutritional value, which is responsible for their survival for such a long time in various sections of the market. PETA (People for the Ethical Treatment of Animals) has listed down the various ingredients derived from animals. These ingredients are used as emulsifiers, thickeners, flavoring agents, etc. in various products, and they are also being increasingly employed in industrial applications. Furthermore, the growing preference towards natural products is boosting the demand for animal-derived ingredients.

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List of Key Players Profiled in the Animal-derived Ingredients Market Report:

  • DuPont de Nemours Inc.
  • Cargill Incorporated
  • Mazoon Dairy Company
  • Hatsun Agro Product Ltd
  • Gelita
  • Nitta Gelatin
  • NA Inc
  • Lactalis Ingredients
  • PLC Ingredients group
  • Koninklijke DSM N.V
  • AMCO Proteins

Market Segmentation

Based on type, the market is divided into beeswax and honey, casein and milk byproducts, confectioner’s glaze, gelatin, and others. By application, the market segments include food and beverage, pharmaceutical, and cosmetics & personal care. Under geography, the sections of the market are divided into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

What Does the Report Contain?

The report contains an in-depth analysis of various factors that are shaping the market. It offers a comprehensive analysis of market trends, future scope, constraints, etc. The focus is primarily on the present market and the scope for the future growth of this market. The report includes insights by our experts who have studied various minute details and constructed strategies for the development of this market.

Driving Factor

Growing Preference for Animal-derived Products to Impact Sales Positively

The growth of this market is being primarily driven by the changing consumer preference towards animal-based products. Furthermore, the gradual decline in agricultural land globally has led to people depending on animal-derived ingredients to meet their nutritional requirements. The present COVID-19 situation has also boosted the demand for animal-derived products in the market for their immunity-boosting properties. These ingredients are also consumed in certain cultures, especially in Europe and Southern Asia, for being beneficial for metabolism.

In spite of these driving factors boosting the market, the increasing adoption of veganism and plant-based diets, especially in North America and Europe, is likely to hinder the market. Moreover, in recent times animal rights organizations have gained considerable recognition in these regions and are demanding for the production of more cruelty-free products.

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Regional Insights

Asia Pacific to Lead the Market; Europe to Register Decent Growth

Asia Pacific is expected to lead the animal-derived ingredients market share during the forecast period owing to the increasing protein consumption in the region. For example, China and India will together contribute 47% of the global protein consumption by the year 2025, according to Food Innovation Australia Limited (FIAL).

On the other hand, Europe is expected to witness moderate growth due to the strong presence of bakery and dairy industries. The cold temperatures necessitate the consumption of meat and animal-derived ingredients in these parts. However, the spread of veganism and awareness of animal rights is hindering the growth of the market in Europe.

Competitive Landscape

Constant Innovation and Product Diversification to be the Key Growth Strategies

The key players are focusing on the production of candies, gummies, chocolates, and other such delicacies made from animal ingredients, with an aim to diversify their portfolios. Companies in the cosmetics industry are focusing on producing healing, anti-ageing products from animal-derived ingredients. Furthermore, the use of various animal products in the food and beverage industry is growing rapidly due to innovations in types of meats, flavorings, processed products by fast-food giants, etc., creating profitable business opportunities in the process.

Industry Development:

June 2020: Mazoon Dairy Company launched its product Long-Life Milk. The specialty of this milk was the process of its production. The product was made using fresh cow’s milk and processed using ultra-heat treatment technology, without any additives.

April 2019: Hatsun Agro Product Limited, a private sector dairy company in India, launched Hatsun cow milk.  This product provided fresh cow’s milk and was launched to expand the company’s product portfolio.

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