Global Processed Animal Protein Market Size Surpass at CAGR 2.8% by 2030

Processed Animal Protein Market: Overview

The Processed animal protein  was previously known as meat and bone meal since the original name was more consumer conscious. However, owing to multiple technological advancements the processed animal protein sector is now more science and research-driven than it was in the last few years. Processed animal proteins are a product of the rendering industry, which means they are derived by converting animal waste into a more usable and stable form. These proteins are used during the formulation of animal feed to aid improvement in the amino acid content of the feed. In many countries, owing to the risk of mad cow diseases, feeding processed animal feed to cattle or other forms of ruminants is prohibited and this aspect is regulated under strict laws.

However, they are widely used as low-cost animal proteins for cats and dogs in the USA. In Europe, before 2002, animal by-products were largely divided into high-risk or low-risk products. But since European Regulation 2002 was put into place, the categories have now expanded to three sections. Category 1 materials are more prone to causing human infections and are prohibited for consumption by humans. Category 2 materials may pose health risks and are not recommended for human consumption. Category 3 materials are derived from animals that are safe for human consumption and declared after a health inspection.

Only the products from category 3 sections are allowed to be used while manufacturing animal feed and can be consumed by humans as well without side effects. The global market cap is expected to capsize from some of the exceptional benefits offered by the processed animal protein that includes qualities like the presence of higher protein content than other sources like soya, rapeseed, or lupin along with the presence of transparent, complete, and traceable supply line to avoid any intra species consumption.

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Processed Animal Protein Market: Growth Drivers

Benefits offered by processed animal protein to propel market growth

The global processed animal protein market is expected to gain momentum owing to the various health benefits offered by animal proteins for pets. Processed proteins derived from animals are known to contain higher quality protein than other vegetarian sources. As a result, more people are inclined towards adopting animal proteins in the diet forms of cats and dogs since it is free from other added calories and provides clean protein content. As per a study conducted by the Observer Research Foundation, rapid population growth has resulted in a tremendous demand for meat-based products.

When coupled with the introduction of industrial animal agriculture, the world has witnessed a growth of 4X in meat consumption in the last 50 years. This is indicative of the amount of products generated from the meat manufacturing industry and the rising efforts to make valuable use of these by-products like using them in the production of processed animal protein. Since the manufacturing of processed animal proteins is regulated by strict laws, it aids in consoling the safety concerns related to its consumption thus generating higher confidence amongst the population toward the adoption of processed animal protein for the health purposes of their housed animals.

The global market cap is expected to generate revenues resulting from the rising efforts undertaken by the population for the well-being of their pets, especially dogs and cats. As per a survey conducted by Statista, the US population spends more than USD 442 on pet food every year, as of 2022 thus propelling the global market demand.

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Processed Animal Protein Market: Segmentation

The global processed animal protein market is segmented based on form, source, and region.

By form, the global market is segmented into solid and liquid. The global market is dominated by the solid form of proteins owing to their easy storage and preference for human as well as pet consumption. Liquid forms need specialized storage units which may increase the overall cost of production and also require extra care for transportation. Since processed animal proteins have wide applications, they can be used in aqua feed, fertilizers, compound feed, etc. The inclusion level may vary anything from 5% to 30 % completely dependent on the species being fed.

Based on the source, the global market is divided into pork, beef, poultry, and others. There is a huge surge in demand for proteins originating from the poultry section driven by its accessibility, availability, high value, and versatility. Poultry farms do not require as expensive maintenance as other forms encouraging the market players to invest in this section. Other forms like beef and pork have witnessed a lesser adoption rate owing to the increasing number of reported health risks associated with their consumption. For instance, as per reports, the US beef consumption per capita has reduced by 1/3rd since the 1970s.

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Processed Animal Protein Market: Regional Analysis

North America to dominate the market scenario by 2028

The global processed animal protein market is projected to generate the highest revenue from North America since the region houses the largest meat-producing industry. More than 49.1% of the animal by-products in the US originate from the meat industry and most of them go to waste and have no further applications. To curb this, there are strict government regulations in place which have resulted in more steps toward processing the by-products in creating feather meal, blood meal, etc., thus reducing the environmental impact of the by-products. The regional growth may also be attributed to the rising investment in pet feed with manufacturers rolling out innovative and nutritious food items for house pets like cats and dogs.

Asia-Pacific may also generate high revenues owing to the growing number of players in markets like India, China, Japan, and others. With growing awareness, the demand for processed animal proteins has taken a huge jump in the regions propelling the manufacturers to invest more resources in meeting the growing demand. Europe is another promising market for high revenues since the government owing to the recent lifting of the ban on processed animal protein thus opening doors for regional market growth opportunities.

Processed Animal Protein Market: Competitive Analysis

The global processed animal protein market is house to players like Leo Group ltd., FASA Group, Ridley Corporation Limited, Valley Proteins, Nordfeed, West Coast Reduction, SYSCO Corp., BOYER VALLEY COMPANY, LLC, Tyson Food, Inc., Sonac, Smithfield Foods Inc., JBS USA Holdings Inc., and OSI Group LLC

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Global Processed Animal Protein Market is segmented as:

By Form

• Solid
• Liquid

By Source

• Pork
• Beef
• Poultry
• Others

By Region

North America

• The U.S.
• Canada

Europe

• France
• The UK
• Spain
• Germany
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America

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