Animal Protein Market Share

APAC Market Statistics

The Asia Pacific animal protein market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the increasing production of milk in the region. In the last eight years, between the years 2014–15 and 2021–22, India's milk output has climbed by around 51 percent, reaching a total of around 2 million tons owing to the government’s adoption of several programs. Furthermore, the rising consumption of dietary supplements that is consist of protein in the region is expected to boost market growth. Protein bars make up the majority of the remaining part of the sports nutrition market in China, which is dominated by protein powder with a 91% market share.

North American Market Forecast   

The North American animal protein market, amongst the market in all the other regions, is projected to hold the second largest share during the forecast period. The growth of the market can be attributed majorly to the rising intake of whey protein. Fitness facilities frequently offer protein supplements, which is drawing customers' attention to whey protein. Demand for whey protein is further rising as consciousness of healthy lives and the prevalence of diseases linked to lifestyles are advancing. The United Nations has the highest number of gym members in all the world. The total count is amounting to around 64 million.

MEA Market Statistics

Further, the market in the Middle East and African, amongst the market in all the other regions, is projected to hold a significant share by the end of 2037. The growth of the market can be attributed majorly to the increasing consumption of meat in various parts of the region. The Gulf Cooperation Council nations ate over 3.9 million metric tons of meat in 2019. Over 1.6 million metric tons of meat were produced in the area that year. Moreover, the increased likeability for cakes and other bakery products is also expected to boost the market growth. South Africa consumed around 2 million metric tons of meals and desserts in 2020–2021.