Animal Protein Market to be Worth $42.63 Billion by 2031

Animal Protein Market Size, Share, Forecast, & Trends Analysis by Type (Dairy Protein {Milk, Whey Protein}, Egg Protein), Form (Liquid), Application (Food & Beverage {Bakery and Confectionery, Dairy}, Animal Feed, Pharmaceuticals) – Global Forecast to 2031

According to this latest publication from Meticulous Research®, the global animal protein market is projected to reach $42.63 billion by 2031, at a CAGR of 4.5% during the forecast period 2024–2031. The growth of this market is being propelled by factors such as the rising consumer awareness towards nutritional food, increasing demand for health supplements, rising population and urbanization, and rising need for protein-rich diets. Moreover, the growing emerging economies and technological development in the dairy industry are expected to offer growth opportunities for the players operating in this market. Additionally, increasing health and wellness and sustainable and ethical sourcing are major trends in the global animal protein market.