Animal Protein Market size was over USD 50.96 billion in 2024 and is projected to cross USD 111.04 billion by the end of 2037, growing at more than 6.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of animal protein is estimated at USD 53.49 billion. The growth of the market can be attributed to the rising consumption and production of meat which is one of the primary sources of animal protein. The world's largest producer of beef and veal is the United States. The production in US reached around 13 million metric tons in 2022. Additionally, more than three times as many beef cows as dairy cows were living in the United States in 2022 to meet the country's output demand.
In addition to these, factors that are believed to fuel the market growth of animal protein include the wide usage of animal protein in various industries, including pharmaceutical, food & beverage, cosmetic, and others. Animal proteins are used to make both the active and inactive components, such as binders, fillers, stabilizers, transporters, and others, that are used in the production of pharmaceutical products. Moreover, products such as, animal fats, fish oil, and dairy proteins are extensively used in the food industry. Furthermore, the growing awareness for healthy lifestyle has given major push to the protein supplements, which is likely to augment the market growth.
Author Credits: Radhika Pawar
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