Canada Animal Protein Market Size (2024 - 2029)

The Canada Animal Protein Market is projected to experience growth driven by rising demand across various sectors, including food and beverages, cosmetics, and personal care. This growth is attributed to increasing awareness of the health benefits associated with animal proteins, such as whey and egg protein, and their adoption in supplements and animal feed. The market's expansion is further supported by a growing consumer base focused on health and fitness, seeking high-protein products with proven nutritional benefits. As health concerns rise due to nutrient deficiencies, the demand for animal protein products is expected to continue its upward trajectory.

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Market Size of Canada Animal Protein Industry

Canada Animal Protein Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 265.90 Million
Market Size (2029) USD 326.30 Million
CAGR (2024 - 2029) 4.18 %
Fastest Growing Market Supplements
Largest Market Personal Care and Cosmetics

Major Players

Canada Animal Protein Market Major Players

*Disclaimer: Major Players sorted in no particular order

Canada Animal Protein Market Analysis

The Canada Animal Protein Market size is estimated at USD 265.90 million in 2024, and is expected to reach USD 326.30 million by 2029, growing at a CAGR of 4.18% during the forecast period (2024-2029).

  • The animal protein market is majorly driven by the increasing demand for animal proteins from the food and beverages, cosmetics, and personal care sectors. Animal proteins are increasingly being adopted in the country owing to the growing awareness about the health advantages associated with animal proteins, such as whey protein, egg protein, and others. Moreover, the increasing demand for animal protein products in supplements and animal feed is further propelling the market growth.
  • With the growing number of health-conscious consumers seeking high-protein, high-nutritional-value supplements, the market is expected to grow. Animal-based proteins offer numerous health benefits that are backed by scientific evidence and accepted by government food regulators such as the Food and Drug Administration (FDA).
  • The increasing number of health issues among consumers due to a lack of healthy nutrients is expected to drive market growth. Consumption of high-protein products is the leading trend among consumers and has contributed to the expansion of the animal protein market. As the population is increasingly interested in sports and fitness, the need for animal protein products will continue to grow.

Canada Animal Protein Industry Segmentation

Animal protein is a form of protein that is derived from animal sources such as eggs, milk, fish, and other sources. There are various types of animal protein available on the market, including casein and caseinates, collagen, egg protein, gelatin, insect protein, milk protein, and whey protein.

The Canadian animal protein market is segmented by protein type and end user. By protein type, the animal protein market is segmented into casein and caseinates, collagen, egg protein, gelatin, insect protein, milk protein, and whey protein. By end-user, the market is segmented into animal feed, personal care and cosmetics, food and beverages, and supplements.

For each segment, the report offers the market size in value terms in USD and volume terms in tons for all the abovementioned segments.

Protein Type
Casein and Caseinates
Collagen
Egg Protein
Gelatin
Insect Protein
Milk Protein
Whey Protein
Other Animal Protein
End-User
Animal Feed
Personal Care and Cosmetics
Food and Beverages
Bakery
Beverages
Breakfast Cereals
Condiments/Sauces
Confectionery
Dairy and Dairy Alternative Products
RTE/RTC Food Products
Snacks
Supplements
Baby Food and Infant Formula
Elderly Nutrition and Medical Nutrition
Sport/Performance Nutrition
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Canada Animal Protein Market Size Summary

The Canada animal protein market is experiencing significant growth, driven by increasing demand across various sectors such as food and beverages, cosmetics, and personal care. The rising awareness of the health benefits associated with animal proteins, including whey and egg proteins, is fueling this demand. Consumers' growing interest in high-protein, high-nutritional-value supplements, supported by scientific evidence and regulatory approval, is a key factor in the market's expansion. The trend towards sports and fitness further amplifies the need for animal protein products, as health-conscious individuals seek to enhance their diets with protein-rich supplements. This growing consumption is also influenced by the prevalence of chronic diseases linked to lifestyle changes, particularly among the millennial generation, prompting a shift towards high-protein diets.

In the cosmetics industry, animal proteins are increasingly utilized for their multifunctional benefits, particularly in anti-aging products. The use of egg yolk proteins, known for their antioxidant and antibacterial properties, is gaining traction, contributing to the market's growth. The demand for natural and organic cosmetic products is also on the rise, with animal proteins playing a crucial role in product formulation and quality enhancement. The market is characterized by a fragmented landscape, with numerous domestic and multinational players engaging in strategic initiatives such as mergers, acquisitions, and product innovations to capture market share. Companies like Arla Foods and Glanbia are actively developing and launching new products to meet the evolving consumer preferences, further driving the market's expansion.

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Canada Animal Protein Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Growing Applications of Animal Protein in Personal Care and Cosmetics

      2. 1.2.2 Increasing demand for Whey protein

    3. 1.3 Market Restraints

      1. 1.3.1 Increasing demand for plant-based proteins

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Buyers/Consumers

      2. 1.4.2 Bargaining Power of Suppliers

      3. 1.4.3 Threat of Substitute Products

      4. 1.4.4 Intensity of Competitive Rivalry

      5. 1.4.5 Threat of New Entrants

  2. 2. MARKET SEGMENTATION

    1. 2.1 Protein Type

      1. 2.1.1 Casein and Caseinates

      2. 2.1.2 Collagen

      3. 2.1.3 Egg Protein

      4. 2.1.4 Gelatin

      5. 2.1.5 Insect Protein

      6. 2.1.6 Milk Protein

      7. 2.1.7 Whey Protein

      8. 2.1.8 Other Animal Protein

    2. 2.2 End-User

      1. 2.2.1 Animal Feed

      2. 2.2.2 Personal Care and Cosmetics

      3. 2.2.3 Food and Beverages

        1. 2.2.3.1 Bakery

        2. 2.2.3.2 Beverages

        3. 2.2.3.3 Breakfast Cereals

        4. 2.2.3.4 Condiments/Sauces

        5. 2.2.3.5 Confectionery

        6. 2.2.3.6 Dairy and Dairy Alternative Products

        7. 2.2.3.7 RTE/RTC Food Products

        8. 2.2.3.8 Snacks

      4. 2.2.4 Supplements

        1. 2.2.4.1 Baby Food and Infant Formula

        2. 2.2.4.2 Elderly Nutrition and Medical Nutrition

        3. 2.2.4.3 Sport/Performance Nutrition

Canada Animal Protein Market Size FAQs

The Canada Animal Protein Market size is expected to reach USD 265.90 million in 2024 and grow at a CAGR of 4.18% to reach USD 326.30 million by 2029.

In 2024, the Canada Animal Protein Market size is expected to reach USD 265.90 million.

Canada Animal Protein Market Report Snapshots

Canada Animal Protein Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)