Market Size of asia-pacific animal protein Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 2.87 Billion |
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Market Size (2029) | USD 3.7 Billion |
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Largest Share by End User | Food and Beverages |
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CAGR (2024 - 2029) | 5.26 % |
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Largest Share by Country | China |
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Market Concentration | Low |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Animal Protein Market Analysis
The Asia-Pacific Animal Protein Market size is estimated at 2.87 billion USD in 2024, and is expected to reach 3.7 billion USD by 2029, growing at a CAGR of 5.26% during the forecast period (2024-2029).
2.87 Billion
Market Size in 2024 (USD)
3.7 Billion
Market Size in 2029 (USD)
4.90 %
CAGR (2017-2023)
5.26 %
CAGR (2024-2029)
Largest Market by Product Type
24 %
value share, Gelatin, 2023
Gelatin's texture-enhancing properties led to increased application in the baking industry. Manufacturers bear certifications to ensure gelatin is a safe ingredient.
Largest Market by End User
77.70 %
value share, Food and Beverages, 2023
The F&B sector dominates the market, primarily led by bakeries, snacks, and beverages, due to the functionalities of protein that make it highly preferred in these industries.
Fastest Growing Market by Product Type
5.75 %
Projected CAGR, Gelatin, 2024-2029
The demand for skin-boosting foods has surged the demand for gelatin, making it the fastest-growing segment. By form, the segment is dominated by animal-sourced gelatin.
Fastest Growing Market by End User
7.84 %
Projected CAGR, Personal Care and Cosmetics, 2024-2029
There is high demand for protein-enriched skin, body, and hair care products. Players are offering protein ingredients with distinct concentrations to boost the segment.
Leading Market Player
3.31 %
market share, Fonterra Co-operative Group Limited, 2021
Fonterra Co-operative Group Limited gained a competitive edge over other players due to its extensive product portfolio. It also engages in strategic moves toward innovation.
Clean-label environment with innovations in the sector drove the segmental growth
- The F&B segment remained the largest consumer of animal proteins in the Asia-Pacific animal protein market. It was highly driven by the snacks, beverages, and bakery sub-segments, which accounted for shares of 26.93%, 23.79%, and 20.5%, respectively, by volume in 2022. The bakery sub-segment is projected to record the fastest CAGR of 5.70% by value during the forecast period 2023-2029. The application of casein and caseinates is driving the bakery sub-segment in the region. Its ease of digestion has expanded its use in highly nutritious biscuits like Threptin Biscuits (Diskettes), where it can increase the protein value of the biscuit to 1.5 grams per biscuit, which can be consumed by both children and adults.
- The F&B segment recorded high demand for whey protein and gelatin. The market largely benefits from introducing new and improved protein offerings. For instance, in 2020, Arla Foods created its first clean-label environment yogurt concept, Nutrilac YO-4575, which contains 100% natural whey protein. Similarly, in May 2021, Darling Ingredients Inc.'s Rousselot brand expanded its range of purified, pharmaceutical-grade and modified gelatin with the launch of X-Pure® GelDAT – Gelatin Desaminotyrosine.
- The personal care and cosmetics segment is projected to be the fastest-growing segment with a CAGR of 7.59% by value from 2023-2029. Owing to the rising consumption of collagen and gelatin-based beauty and personal care products, the personal care segment is recording increased protein applications due to its benefits, such as skin smoothing and hair conditioning. However, the rising disposable income and the growing women's working population are key drivers. For instance, in Asia-Pacific, women contributed around 35-40% of the region's GDP in 2021.
Understand The Key Trends Shaping This Market
Growing demand from countries like China, India and rest of Asia-Pacific segments drive the segmental growth
- In the Asia-Pacific region, China recorded the largest share of the Asia-Pacific animal protein market in 2022, driven by the food and beverage sector, which held a significant share of 74.7% by volume, followed by the animal feed sector, with a share of 16.75% by volume. Beverages are the major sub-segment for applications of animal proteins in the food and beverages sector. This is due to improved solubility of animal proteins such as whey protein, milk protein, gelatin, collagen, and casein and caseinates. China, the second-largest beef- and veal-producing country, with a production of 7,125,000 ton in 2022, possesses a flourishing animal feed sector and is recording a significant influx of animal proteins in formulations.
- India is the fastest-growing country in the region and is projected to record a CAGR of 6.26% by value during the forecast period. During the review period, India saw the highest demand for gelatin protein, as it acts as a gelling agent, notably in soft gummy sweets, and acts as a stabilizer and whipping agent in marshmallows due to its thermo-reversible capabilities. Both new entrants and established businesses from other sectors may capitalize on the market's development potential by expanding their services in the country.
- Indonesia emerged as another growing country in the APAC animal protein market in 2022, driven by high protein consumption in the supplements segment because of the widespread attention that whey protein gained due to its functional benefits. It has become the choice of fitness-oriented Indonesian consumers, creating a demand for products containing whey in the country. As of August 2020, around 30% of consumers aged 18 or above had fitness club memberships. Such developments are boosting the market studied.
Asia-Pacific Animal Protein Industry Segmentation
Casein and Caseinates, Collagen, Egg Protein, Gelatin, Insect Protein, Milk Protein, Whey Protein are covered as segments by Protein Type. Animal Feed, Food and Beverages, Personal Care and Cosmetics, Supplements are covered as segments by End User. Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, South Korea, Thailand, Vietnam are covered as segments by Country.
- The F&B segment remained the largest consumer of animal proteins in the Asia-Pacific animal protein market. It was highly driven by the snacks, beverages, and bakery sub-segments, which accounted for shares of 26.93%, 23.79%, and 20.5%, respectively, by volume in 2022. The bakery sub-segment is projected to record the fastest CAGR of 5.70% by value during the forecast period 2023-2029. The application of casein and caseinates is driving the bakery sub-segment in the region. Its ease of digestion has expanded its use in highly nutritious biscuits like Threptin Biscuits (Diskettes), where it can increase the protein value of the biscuit to 1.5 grams per biscuit, which can be consumed by both children and adults.
- The F&B segment recorded high demand for whey protein and gelatin. The market largely benefits from introducing new and improved protein offerings. For instance, in 2020, Arla Foods created its first clean-label environment yogurt concept, Nutrilac YO-4575, which contains 100% natural whey protein. Similarly, in May 2021, Darling Ingredients Inc.'s Rousselot brand expanded its range of purified, pharmaceutical-grade and modified gelatin with the launch of X-Pure® GelDAT – Gelatin Desaminotyrosine.
- The personal care and cosmetics segment is projected to be the fastest-growing segment with a CAGR of 7.59% by value from 2023-2029. Owing to the rising consumption of collagen and gelatin-based beauty and personal care products, the personal care segment is recording increased protein applications due to its benefits, such as skin smoothing and hair conditioning. However, the rising disposable income and the growing women's working population are key drivers. For instance, in Asia-Pacific, women contributed around 35-40% of the region's GDP in 2021.
| Protein Type | |
| Casein and Caseinates | |
| Collagen | |
| Egg Protein | |
| Gelatin | |
| Insect Protein | |
| Milk Protein | |
| Whey Protein | |
| Other Animal Protein |
| End User | ||||||||||||
| Animal Feed | ||||||||||||
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| Personal Care and Cosmetics | ||||||||||||
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| Country | |
| Australia | |
| China | |
| India | |
| Indonesia | |
| Japan | |
| Malaysia | |
| New Zealand | |
| South Korea | |
| Thailand | |
| Vietnam | |
| Rest of Asia-Pacific |
Need A Different Region Or Segment?
Asia-Pacific Animal Protein Market Size Summary
The Asia-Pacific animal protein market is experiencing significant growth, driven by increasing demand across various sectors, particularly food and beverages. The market is characterized by a diverse range of applications, with the food and beverage segment being the largest consumer of animal proteins. This segment's growth is largely attributed to the rising popularity of snacks, beverages, and bakery products, which are seeing enhanced protein formulations due to the incorporation of ingredients like whey protein and gelatin. The bakery sub-segment, in particular, is expected to witness rapid expansion, fueled by the growing use of casein and caseinates in nutritious products. The personal care and cosmetics sector is also emerging as a fast-growing segment, with collagen and gelatin-based products gaining traction due to their beneficial properties and the increasing disposable income of consumers, especially women in the region.
China and India are key players in the Asia-Pacific animal protein market, with China holding the largest market share, driven by its robust food and beverage sector. The demand for animal proteins in China is bolstered by the country's significant production of beef and veal, as well as its flourishing animal feed sector. India, on the other hand, is noted for its rapid market growth, with a strong demand for gelatin in various applications. The market is further supported by the establishment of Concentrated Animal Feeding Operations (CAFOs) and the construction of modern slaughterhouses, which are enhancing production capabilities. The market landscape is fragmented, with major players like Arla Foods, Darling Ingredients, and Fonterra Co-operative Group leading the charge. Innovations in protein products, such as whey protein isolates and native micellar casein, are also contributing to the market's dynamic growth trajectory.
Asia-Pacific Animal Protein Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Protein Type
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1.1.1 Casein and Caseinates
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1.1.2 Collagen
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1.1.3 Egg Protein
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1.1.4 Gelatin
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1.1.5 Insect Protein
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1.1.6 Milk Protein
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1.1.7 Whey Protein
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1.1.8 Other Animal Protein
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1.2 End User
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1.2.1 Animal Feed
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1.2.2 Food and Beverages
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1.2.2.1 By Sub End User
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1.2.2.1.1 Bakery
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1.2.2.1.2 Beverages
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1.2.2.1.3 Breakfast Cereals
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1.2.2.1.4 Condiments/Sauces
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1.2.2.1.5 Confectionery
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1.2.2.1.6 Dairy and Dairy Alternative Products
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1.2.2.1.7 RTE/RTC Food Products
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1.2.2.1.8 Snacks
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1.2.3 Personal Care and Cosmetics
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1.2.4 Supplements
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1.2.4.1 By Sub End User
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1.2.4.1.1 Baby Food and Infant Formula
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1.2.4.1.2 Elderly Nutrition and Medical Nutrition
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1.2.4.1.3 Sport/Performance Nutrition
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1.3 Country
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1.3.1 Australia
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1.3.2 China
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1.3.3 India
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1.3.4 Indonesia
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1.3.5 Japan
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1.3.6 Malaysia
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1.3.7 New Zealand
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1.3.8 South Korea
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1.3.9 Thailand
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1.3.10 Vietnam
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1.3.11 Rest of Asia-Pacific
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Asia-Pacific Animal Protein Market Size FAQs
How big is the Asia-Pacific Animal Protein Market?
The Asia-Pacific Animal Protein Market size is expected to reach USD 2.87 billion in 2024 and grow at a CAGR of 5.26% to reach USD 3.70 billion by 2029.
What is the current Asia-Pacific Animal Protein Market size?
In 2024, the Asia-Pacific Animal Protein Market size is expected to reach USD 2.87 billion.
