2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Drivers Are Shaping the Growth and Development of theAnimal Derivatives Market?

The surge in pet food spending is projected to fuel the expansion of the animal derivatives market in the future. Pet food, intended and produced specifically for the dietary needs and consumption of domesticated animals, often incorporates animal derivatives as a significant source of proteins and other nutrients. For example, data on pet ownership and expenditures published by the American Pet Products Association (APPA), a non-profit industry organization based in the US, revealed that pet food spending in the US grew by 16.2% in 2022, hitting $58.1 billion, a noticeable increase from 2021. As a result, the rise in expenditure on pet foods is boosting the demand for animal derivatives.

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#What is the Projected CAGR for the Animal Derivatives Market Size from 2025 to 2034?

The market size for animal derivatives has exhibited substantial growth in the recent past. The growth shows a trajectory from $12.55 billion in 2024 to an expected $13.3 billion by 2025, with a compound annual growth rate (CAGR) standing at 6.0%. Factors contributing to this growth in the previous period include conventional utilisation in the food industry, an increasing global population, a rise in disposable income, varying cultural and dietary tastes, nutritional value, and demand for protein.

Predictions indicate a robust growth in the animal derivatives market in the coming years, with a projected value of $17.02 billion by 2029, registering a compound annual growth rate (CAGR) of 6.4%. Factors influencing this growth during the forecast period include continuous population growth, heightened urbanization and westernization, an increasing demographic of middle-class consumers and a shift towards health, wellness and diversified product offerings. Key trends expected in the forecast period involve the rise of plant-based alternatives, advancements in processing technologies, integration into functional foods, developments in global regulations, and the surge in e-commerce and direct-to-consumer models.

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Which Cutting-Edge Market Trends Are Expected to Drive theAnimal Derivatives Market’s Growth?

The prominence of product innovation is witnessing a surge in the animal derivatives market as a trending factor. In a bid to maintain their market dominance, leading companies are rolling out inventive products like PureeX. To exemplify, Protix, a food supplement ingredient maker from the Netherlands, unveiled PureeX insect meat in April 2023. Freshly sourced from insects, this newly introduced product serves as a nutritive and palatable component for pet food. Further, it has a small carbon footprint, abundant antioxidants, and antimicrobial properties.

What Are the Leading Market Players Impacting theAnimal Derivatives Market’s Growth Trend?

Major companies operating in the animal derivatives market include ANZCO Foods Ltd., Rocky Mountain Biologicals Inc., Auckland BioSciences Ltd., LAMPIRE Biological Laboratories Inc., Proliant Biologics LLC, Sigma-Aldrich Co., Thermo Fisher Scientific Inc., Kedrion Biopharma Inc., LFB S.A, Octapharma AG, Takeda Pharmaceuticals Company, Sanofi S.A., Grifols S.A., Bayer AG, Commonwealth Serum Laboratories, Fusion Health Care Pvt. Ltd., Nippi Inc., Tessenderlo Group, Kewpie Corporation, Pure Ingredients, Ewald-Gelatine GmbH, Kerry Group, Darling International Inc., Gelken Gelatin Co. Ltd., Foodmate Co. Ltd., Weishardt Group, Trobas Gelatine BV, Nitta Gelatin Ltd., Gelita AG, Kraeber & Co. GmbH

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How Are the Key Segments of the Animal Derivatives Market Driving Opportunities and Innovations?

The animal derivatives market covered in this report is segmented –

1) By Type: Immunoglobulin, Serum Albumin, Fibrinogen, Other Types

2) By Animal Type: Ovine, Bovine

3) By Application: Food And Beverages, Pharmaceutical Industry, Cosmetic Industry, Pet Food Industry, Others Applications

Subsegments:

1) By Immunoglobulin: IgG (Immunoglobulin G), IgM (Immunoglobulin M), IgA (Immunoglobulin A)

2) By Serum Albumin: Bovine Serum Albumin (BSA), Porcine Serum Albumin, Equine Serum Albumin

3) By Fibrinogen: Bovine Fibrinogen, Porcine Fibrinogen

4) By Other Types: Growth Factors, Cytokines, Enzymes

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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theAnimal Derivatives Market?# Market Expansion?

North America was the largest region in the animal derivatives market in 2024. The regions covered in the animal derivatives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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