Animal-Based Protein Supplement Market Will Generate Record Revenue by 2030

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 – 2023-2030
• Base year- 2023
• Forecast period- 2024-2030

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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2. More than 120 countries are for analysis.
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