Market Size of Japan Animal Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 1.92 % |
| Fastest Growing Market | Food and Beverages |
| Largest Market | Personal Care and Cosmetics |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Japan Animal Protein Market Analysis
The Japan animal protein market was valued at USD 221.7 million for the current year and is projected to register a CAGR of 1.92% over the next five years.
- Egg protein is gaining traction in the market owing to its high penetration in bakeries, condiments/sauces, and animal feed. Moreover, the food and beverage (F&B) sector also dominates the market, mainly led by condiments/sauces and snacks, due to protein's functionalities that make it a highly preferred ingredient in this sector.
- The demand for skin-boosting foods boosts the demand for gelatin, making it the fastest-growing segment. By form, the segment is majorly dominated by animal-sourced gelatin. Additionally, protein-enriched skin, body, and hair care products are on the rise. Players offering protein ingredients with distinct concentrations as per need are boosting the segment.
- In Japan, the popularity of animal protein products is mostly influenced by Western culture and global trends. The promotion of animal protein products by the application industries and marketing initiatives might further influence the growing demand. As a result, manufacturers are launching innovative products to address the changing needs of the industry.
- For instance, in January 2021, Rousselot, a Darling Ingredients' brand producing collagen-based solutions, launched MSC-certified marine collagen peptides, Peptan, at the virtual Beauty & Skincare Formulation Conference 2021. This ingredient is sourced from 100% wild-caught marine white fish, certified by the Marine Stewardship Council (MSC), and is majorly used in premium nutricosmetics and dietary supplements. These factors act as major drivers for the Japan Animal Protein Market.
