What Has Been Casein Protein In Animal Feed Application Market in Recent Years?
The casein protein in animal feed application market has seen considerable growth due to a variety of factors.
• The market size for casein protein used in animal feed applications has experienced swift growth in recent years. It is projected to rise from $3 billion in 2024 to $3.37 billion in 2025, with a compound annual growth rate (CAGR) of 12.4%.
This growth during the historical period can be linked to factors such as the expansion of the livestock industry, increased nutritional awareness, growth in international trade, occurrences of disease outbreaks, and shifting consumer tastes favoring high-quality dairy and meat products.
What are the Market Size and Expected Growth Rates for the Casein Protein In Animal Feed Application Market?
The casein protein in animal feed application market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the market size for casein protein in animal feed applications is projected to experience swift expansion. The expected value is set to reach $5.48 billion in 2029, growing at a compound annual growth rate (CAGR) of 13.0%.
The projected growth during the forecast period can be credited to factors such as population increase, changing climate conditions, an intensified focus on animal health and welfare, the need for environmentally friendly animal farming, and the examination of other protein sources. Key trends for the forecast period are customized nutrition, alternatives based on plants, heightened curiosity in traceability, digital progress, and the rising trend of protein fortification.
What Are the Critical Driver Fuelling the Casein Protein In Animal Feed Application Market's Growth?
The anticipated growth of the animal health sector is projected to stimulate the expansion of the casein protein in the animal feed application market. Recognizing the complexities of rearing animals in an ever-changing environment, animal health companies have demonstrated robust growth. Derived from the milk of a variety of mammals, casein protein boasts a myriad of nutritional advantages and can be used to create an extensive range of products, from cheese and nutritional supplements to coatings and pharmaceutical products. As such, the expanding animal health sector is driving up the demand for casein protein in animal feed. Notably, in April 2024, EuroDev Group, a Netherlands-based non-governmental entity, predicted that the European pet healthcare market would grow from USD 3.96 billion in 2022 to USD 5.37 billion by 2027, reflecting a growth rate of 6.25%. Furthermore, Europe led the world in pet food production in 2022, churning out 11.78 million metric tons, which surpasses North America's production of 11.2 million metric tons. Consequently, the continued growth of the animal health sector is propelling the market for casein protein in animal feed applications.
What Are The Key Segments Within The Global Casein Protein In Animal Feed Application Market?
The casein protein in animal feed application market covered in this report is segmented –
1) By Type: Sheep-Milk Caseins, Cow-Milk Caseins, Other Types
2) By Function: Stabilizing, Emulsification, Foaming, Other Functions
3) By Applications: Food Production, Nutritional Supplements, Cosmetics, Pharmaceutical, Beverage, Other Applications
Subsegments:
1) By Sheep-Milk Caseins: Whole Sheep-Milk Casein, Skimmed Sheep-Milk Casein
2) By Cow-Milk Caseins: Whole Cow-Milk Casein, Skimmed Cow-Milk Casein
3) By Other Types: Goat-Milk Caseins, Plant-Based Casein Alternatives, Blended Caseins
Pre-Book The Casein Protein In Animal Feed Application Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are New Trends Impacting The Size Of The Casein Protein In Animal Feed Application Market?
The trend of product innovation is increasingly becoming prevalent within the casein protein market for animal feed applications. Main companies within this domain are launching new products to boost their standing in the market. Pureture, a biotech firm based in the US, is one such example, having launched a plant-based casein product in September 2023. Casein is a crucial protein present in animal-based dairy products, forming a stable emulsion that prevents separation of water and fat, thereby yielding a smooth texture in milk. Casein's absence in most vegan cheeses leads to a lack in the properties of stretchiness and meltability. Pureture's research team has created a unique yeast-based technology that mimics the functionality of casein using completely plant-based ingredients, enhancing the overall nutritional value and taste. This ground-breaking solution not only cuts costs and is sustainable, but also eliminates the need for gums, starches, and emulsifiers.
Who Are the Key Players in the Casein Protein In Animal Feed Application Market?
Major companies operating in the casein protein in animal feed application market include:
• Cargill Incorporated
• Archer Daniels Midland Company (ADM)
• Lactalis Group
• Land O'Lakes Inc.
• Yili Group
• Saputo Inc.
• Arla Foods AMBA
• Royal FrieslandCampina N.V.
• Fonterra Co-Operative Group Limited
• Kerry Group
• Savencia Fromage & Dairy India Private Limited
• Glanbia plc
• Milk Specialties Global
• Grande Custom Ingredients Group
• Batory Foods Inc.
• Farbest Brands
• Erie Foods International Inc.
• ARMOR PROTEINES S.A.S.
• Hilmar Ingredients
• Sodiaal S.A.
• AMCO Proteins
• The Agropur Dairy Cooperative
• Charotar Casein Company
• Sachsenmilch Leppersdorf GmbH
• Balchem Corporation
• Biovet JSC
• Nutreco N.V.
What are the Regional Insights into the Casein Protein In Animal Feed Application Market?
North America was the largest region in the casein protein in animal feed application market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the casein protein in animal feed application market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
