Canada Animal Protein Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 265.90 Million |
| Market Size (2029) | USD 326.30 Million |
| CAGR (2024 - 2029) | 4.18 % |
| Fastest Growing Market | Supplements |
| Largest Market | Personal Care and Cosmetics |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Canada Animal Protein Market Analysis
The Canada Animal Protein Market size is estimated at USD 265.90 million in 2024, and is expected to reach USD 326.30 million by 2029, growing at a CAGR of 4.18% during the forecast period (2024-2029).
- The animal protein market is majorly driven by the increasing demand for animal proteins from the food and beverages, cosmetics, and personal care sectors. Animal proteins are increasingly being adopted in the country owing to the growing awareness about the health advantages associated with animal proteins, such as whey protein, egg protein, and others. Moreover, the increasing demand for animal protein products in supplements and animal feed is further propelling the market growth.
- With the growing number of health-conscious consumers seeking high-protein, high-nutritional-value supplements, the market is expected to grow. Animal-based proteins offer numerous health benefits that are backed by scientific evidence and accepted by government food regulators such as the Food and Drug Administration (FDA).
- The increasing number of health issues among consumers due to a lack of healthy nutrients is expected to drive market growth. Consumption of high-protein products is the leading trend among consumers and has contributed to the expansion of the animal protein market. As the population is increasingly interested in sports and fitness, the need for animal protein products will continue to grow.
Canada Animal Protein Market Trends
Growing Applications of Animal Proteins the in Personal Care and Cosmetics Industry
- Over the years, various animal proteins have been explored by hair cosmetic industries for the development of different protein-based cosmetic formulations. Animal proteins are multifunctional ingredients that are used in the preparation of a wide range of cosmetic products. The proteins from egg yolk have incredible cosmetic effects and are widely being adopted in the cosmetic industry.
- When broken into peptides, the phosvitin protein present in the egg is known to be a strong antioxidant, antiviral, antibacterial, and metal-chelating agent owing to the high number of serine amino acids present in phosvitin that are phosphorylated. Canada's strong and dynamic economy offers a reliable market for the cosmetic companies in the country that are looking to enter and expand in the cosmetics market, which is driving the market growth.
- Manufacturers of beauty products are inclining towards prevailing product trends, including a higher demand for natural or organic and quality cosmetic products. With these growing consumer preferences, organically sourced products now represent about 40% of the country's skincare market, according to the International Trade Association Report in 2021. Animal proteins are increasingly used to improve the performance of cosmetic products, particularly in anti-aging personal care treatments.
- Cosmetics featuring animal proteins are fostering new avenues for innovation in product formulation, aimed at achieving a competitive edge in the market. In the midst of the ongoing trend towards inventive ingredients, companies are placing their emphasis on the exploration of fresh animal proteins for inclusion in cosmetic formulations. They are adopting a scientific approach to comprehending these intricate components, particularly in terms of total protein content, which not only supports product development but also enhances quality control during production. This approach is contributing positively to the growth of the animal protein market within the country.
Increasing Adoption of Animal Proteins in Supplements
- The growing awareness about the prevalence of chronic diseases owing to the changing lifestyle of the millennial generation is enhancing the consumption of high-protein supplements, which is, in turn, contributing to the growth of the animal protein market. Additionally, the increased focus on physical fitness among consumers is likely to drive the use of egg proteins for sports nutrition applications.
- Furthermore, the growth of health and fitness centers is expected to further stimulate the demand for animal-based proteins in supplements. Manufacturers are also striving to provide convenient formats for animal-derived protein supplements to attract customers in the country, which is one of the major factors driving the market growth.
- Consumers in the country are adopting supplements as their daily diet, with protein as protein is a key factor in immunity building. This trend is expected to continue in the near future and is expected to drive the animal protein product demand in the country over the next few years. Whey proteins are increasingly being adopted in the country to help boost muscle protein synthesis and the growth of lean muscle mass. According to the Council for Responsible Nutrition report in 2021, 70% of consumers increased their consumption of supplements since the pandemic.
Canada Animal Protein Industry Overview
The Canada animal protein market is fragmented, with numerous domestic and multinational players vying for a larger share of the market. The key players are adopting strategic approaches such as mergers, acquisitions, partnerships, and expansions, as well as focusing on new product development to enhance their brand presence among consumers.
Additionally, the major players in the market are focusing on innovating and launching their products around the world. Companies such as Arla Foods and Glanbia are keen on product development and increasing their exports to diversify their product portfolio and capture the major share of the market. A few major players present in the market studied are Agropur Dairy Cooperative, Arla Foods amba, Fonterra Cooperative Group Limited, Glanbia PLC, and Saputo Inc., among others.
Canada Animal Protein Market Leaders
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Agropur Dairy Cooperative
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Arla Foods amba
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Fonterra Co-operative Group Limited
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Glanbia PLC
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Saputo Inc.
*Disclaimer: Major Players sorted in no particular order
Canada Animal Protein Market News
- April 2023: Arla Foods introduced a groundbreaking line of whey protein products leveraging patented microparticulation technology. These products are marketed under the name Nutrilac ProteinBoost and have been designed to cater to the growing demand among health-conscious consumers and manufacturers for high-quality protein.
- November 2022: Glanbia Nutritionals unveiled FerriUp, an innovative whey protein formula aimed at providing a robust nutritional foundation for active women, with a specific focus on enhancing iron and energy levels. Remarkably, 62% of active women have expressed a strong attraction to this whey protein formulation, which has been tailored to meet their specific needs.
- June 2022: NZMP, a subsidiary of Fonterra known for its ingredients and solutions, introduced Pro-OptimaTM, a functional whey protein product. This launch was a collaborative effort between NZMP, Tillamook County Creamery Association (TCCA), and Three Mile Canyon Farms, operating under the name Columbia River Technologies (CRT). This strategic partnership was forged to expand their offering of ingredients tailored for cultured applications.
Canada Animal Protein Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions & Market Defination
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Applications of Animal Protein in Personal Care and Cosmetics
4.2.2 Increasing demand for Whey protein
4.3 Market Restraints
4.3.1 Increasing demand for plant-based proteins
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of Substitute Products
4.4.4 Intensity of Competitive Rivalry
4.4.5 Threat of New Entrants
5. MARKET SEGMENTATION
5.1 Protein Type
5.1.1 Casein and Caseinates
5.1.2 Collagen
5.1.3 Egg Protein
5.1.4 Gelatin
5.1.5 Insect Protein
5.1.6 Milk Protein
5.1.7 Whey Protein
5.1.8 Other Animal Protein
5.2 End-User
5.2.1 Animal Feed
5.2.2 Personal Care and Cosmetics
5.2.3 Food and Beverages
5.2.3.1 Bakery
5.2.3.2 Beverages
5.2.3.3 Breakfast Cereals
5.2.3.4 Condiments/Sauces
5.2.3.5 Confectionery
5.2.3.6 Dairy and Dairy Alternative Products
5.2.3.7 RTE/RTC Food Products
5.2.3.8 Snacks
5.2.4 Supplements
5.2.4.1 Baby Food and Infant Formula
5.2.4.2 Elderly Nutrition and Medical Nutrition
5.2.4.3 Sport/Performance Nutrition
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profile
6.3.1 Agropur Dairy Cooperative
6.3.2 Ajinomoto Co. Inc.
6.3.3 Arla Foods amba
6.3.4 Cooke Inc.
6.3.5 Enterra Corporation
6.3.6 Farbest-Tallman Foods Corporation
6.3.7 Fonterra Co-operative Group Limited
6.3.8 Glanbia PLC
6.3.9 Groupe Lactalis
6.3.10 Kerry Group PLC
6.3.11 Lactoprot Deutschland GmbH
6.3.12 Saputo Inc.
6.3.13 Tessenderlo Group
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Canada Animal Protein Industry Segmentation
Animal protein is a form of protein that is derived from animal sources such as eggs, milk, fish, and other sources. There are various types of animal protein available on the market, including casein and caseinates, collagen, egg protein, gelatin, insect protein, milk protein, and whey protein.
The Canadian animal protein market is segmented by protein type and end user. By protein type, the animal protein market is segmented into casein and caseinates, collagen, egg protein, gelatin, insect protein, milk protein, and whey protein. By end-user, the market is segmented into animal feed, personal care and cosmetics, food and beverages, and supplements.
For each segment, the report offers the market size in value terms in USD and volume terms in tons for all the abovementioned segments.
| Protein Type | |
| Casein and Caseinates | |
| Collagen | |
| Egg Protein | |
| Gelatin | |
| Insect Protein | |
| Milk Protein | |
| Whey Protein | |
| Other Animal Protein |
| End-User | ||||||||||
| Animal Feed | ||||||||||
| Personal Care and Cosmetics | ||||||||||
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Canada Animal Protein Market Research FAQs
How big is the Canada Animal Protein Market?
The Canada Animal Protein Market size is expected to reach USD 265.90 million in 2024 and grow at a CAGR of 4.18% to reach USD 326.30 million by 2029.
What is the current Canada Animal Protein Market size?
In 2024, the Canada Animal Protein Market size is expected to reach USD 265.90 million.
Who are the key players in Canada Animal Protein Market?
Agropur Dairy Cooperative, Arla Foods amba, Fonterra Co-operative Group Limited, Glanbia PLC and Saputo Inc. are the major companies operating in the Canada Animal Protein Market.
Which is the fastest growing region in Canada Animal Protein Market?
Supplements is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Canada Animal Protein Market?
In 2024, the Personal Care and Cosmetics accounts for the largest market share in Canada Animal Protein Market.
What years does this Canada Animal Protein Market cover, and what was the market size in 2023?
In 2023, the Canada Animal Protein Market size was estimated at USD 254.79 million. The report covers the Canada Animal Protein Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Canada Animal Protein Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Canada Animal Protein Industry Report
Statistics for the 2024 Canada Animal Protein market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Canada Animal Protein analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Canada Animal Protein Market Report Snapshots
