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The Canada animal protein market size reached approximately USD 279.24 million in 2023. The market is projected to grow at a CAGR of 3.9% between 2024 and 2032, reaching a value of around USD 393.32 million by 2032.
Animal proteins refer to proteins derived from animal sources, including meat, milk, egg, fish, and other animal-based products. Whey proteins are widely used in various sectors for their nutritional properties and functional qualities, such as emulsification, gelling, foaming, and thickening.
Animal proteins are widely regarded as the best source of protein as they contain all nine amino acids. The are extensively utilised in the food sector for the formation of different protein particles, including casein, whey protein, gelatine, egg proteins, and fibroin.
Government initiatives to support sustainable agriculture, promote animal welfare, and address food safety concerns are shaping the practices and standards within the animal protein market in Canada.
Based on type, the market can be segmented casein and caseinate, collagen, egg protein, gelatine, milk protein, and whey protein, among others. The market categorisation, based on end-use, includes supplements, food and beverages, personal care and cosmetics, and animal feed.
The major regional markets for animal protein are Northern Canada, British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Canada animal protein market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
According to the Canada animal protein market analysis, the personal care and cosmetics sector is likely to be the major consumer of animal proteins during the forecast period. The increasing utilisation of the product can be attributed to its nourishing and moisturising properties. Animal proteins contain essential amino acids that are vital for skin and hair health. These amino acids help in maintaining the skin's natural barrier function and promote hair strength and growth.
Proteins like collagen and keratin possess moisturising properties that help in retaining skin moisture and improving elasticity. These proteins are often used in anti-ageing skincare products due to their ability to reduce fine lines and wrinkles.
The growing health awareness among people in British Columbia is expected to significantly influence the Canada animal protein market share in the coming years. According to a report by Conference Board of Canada, the region is home to the healthiest population in Canada. With the high emphasis on health, people are likely to consume more healthy food products, which is expected to propel the demand for ethically sourced and sustainable animal proteins.
Glanbia PLC is an Irish global nutrition group with operations in 32 countries. It has leading market positions in sports nutrition, cheese, dairy ingredients, speciality non-dairy ingredients, and vitamin and mineral premixes. Glanbia products are sold or distributed in over 130 countries. It is a global nutrition company on a mission to help people lead healthy, active lives. It works with nature and science to create better, healthier, and smarter sources of nutrition.
Groupe LACTALIS is a global dairy group present on 266 production sites across 51 countries. It collects 22.6 billion litres of milk, and their 85,500 employees collect milk in all its forms and make end products including cheese, fluid milk, yogurt, butter and cream, dairy ingredients, and nutrition. The company is a world leader in the production and distribution of cheeses and dairy products.
Kerry Group PLC is a public food company headquartered in Ireland. The company is an international leader in taste and nutrition innovation. Its R&D team creates ingredients for products that are nutritious for consumers. The company helps nourish people, society, and the planet with great-tasting, nutritious, and sustainable solutions.
Other key players in the Canada animal protein market are Ajinomoto Co., Inc., Ajix, Inc. (CapsCanada), Saputo Inc., Nippi Collagen NA Inc., FoodTec Canada Inc., and Gay Lea Foods Co-operative Ltd., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 279.24 million.
The market is projected to grow at a CAGR of 3.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 393.32 million by 2032.
The market is driven by the increasing utilisation of animal protein in the personal care and cosmetic sector and the increased preference for animal-based diet.
The growing emphasis on ethical considerations and environmental consciousness and the evolving regulatory landscape regarding labelling and transparency in animal protein products are the major market trends.
The major regional markets are Northern Canada, British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.
The different end-uses are supplements, food and beverages, personal care and cosmetics, and animal feed.
The key players in the market include Glanbia PLC, Groupe LACTALIS, Kerry Group PLC, Ajinomoto Co., Inc., Ajix, Inc. (CapsCanada), Saputo Inc., Nippi Collagen NA Inc., FoodTec Canada Inc., and Gay Lea Foods Co-operative Ltd., among others.
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