Global Animal Based Protein Supplements Market Forecast

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The Casein Protein In Animal Feed Application Global Market Report 2023 by The Business Research Company, provides casein protein in animal feed application market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Casein Protein In Animal Feed Application Global Market Report 2023, the market size is expected to grow from $2.38 billion in 2022 to $2.67 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of casein protein in animal feed application is expected to grow to $4.25 billion in 2027 at a CAGR of 12.3%.

The growing animal health sector is expected to propel the growth of casein protein in animal feed application market going forward. Animal health companies have recognized the challenges associated with raising animals in a rapidly changing world and shown resilient growth. Casein protein is a dairy protein derived from the milk of various mammals with its numerous nutritional benefits and used to make a variety of products such as cheese, nutritional supplements, coatings, and pharmaceutical products, as a result, the growing animal health sector increases the demand for casein protein in animal feed.

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The casein protein in animal feed application market is segmented:

1) By Type: Sheep-Milk Caseins, Cow-Milk Caseins, Other Types

2) By Function: Stabilizing, Emulsification, Foaming, and Other Functions

3) By Applications: Food Production, Nutritional Supplements, Cosmetics, Pharmaceuticals, Beverages, Other Applications

Product innovations are key trends gaining popularity in the casein protein in the animal feed application market. Major companies operating in the casein protein in the animal feed application market are focused on developing new products to strengthen their position in the market. For instance, in 2021, GoodSport Nutrition, a US-based healthy sports drink manufacturing company, launched the GoodSport sports drink, a first-of-its-kind natural sports drink made from 97% dairy. The drink delivers three times more electrolytes and 33% less sugar than a conventional sports drink. The company claims that research has demonstrated that milk hydrates more effectively than other sports beverages and water.

The casein protein in animal feed application market report table of contents includes:

Executive Summary
Casein Protein In Animal Feed Application Market Characteristics
Casein Protein In Animal Feed Application Market Trends And Strategies
Casein Protein In Animal Feed Application Market – Macro Economic Scenario
Casein Protein In Animal Feed Application Market Size And Growth

Africa Casein Protein In Animal Feed Application Market
Casein Protein In Animal Feed Application Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Casein Protein In Animal Feed

Application Market