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REDDING, Calif., April 8, 2021 /PRNewswire/ -- According to a new market research report titled "Animal Protein Ingredients Market
by Type (Dairy Protein (Milk Protein, Whey Protein, Casein Protein), Egg Protein, Gelatin) and Application (Food and Beverages, Animal Feed, Nutritional Supplements, Pharmaceuticals) -Global Forecast to 2027", the animal protein ingredients market is expected to grow at a CAGR of 6.1% from 2020 to 2027 to reach $46.04 billion by 2027.
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Animal protein ingredients are extracted majorly from dairy to placate nutritional, organoleptic, and functional needs. Initially, dairy ingredients were produced as stabilizing milk components (proteins and fat). However, the development in consumer spending has resulted in an increased demand for animal protein ingredients. Animal protein ingredients are highly valued in the food industry and are considered essential ingredients for industrial and functional application. The growing consumer concerns about health and the perception that diet directly affects health are sharply propelling nutritional food demand.