Market Size of Canada Animal Protein Industry
| Study Period | 2018 - 2028 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2028 |
| Historical Data Period | 2018 - 2019 |
| CAGR | 2.82 % |
| Market Concentration | High |
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Canada Animal Protein Market Analysis
The Canada Animal Protein Market stood at 282.66 million usd in 2021 and is projected to register a CAGR of 2.82% to reach 324.88 million usd in 2026.
- Largest Segment by Product Type - Egg Protein : The casein and caseinates segment dominates the Canadian market, driven by the application of micellar casein, sodium caseinate, and calcium caseinate in different products.
- Largest Segment by End User - Supplements : F&B held the largest share due to the shift in consumers' interest from carbonated beverages to healthier drinks and protein-based snacks, thus, majorly driving the market.
- Largest Segment by Product Type - Collagen : The growth of collagen is supported by innovations in the F&B sector, mainly in beverages and snacks. The demand surge for grass-fed collagen is also aiding the segment.
- Fastest-growing Segment by End User - Personal Care and Cosmetics : The sector holds growth opportunities for animal proteins like gelatin and collagen, mainly in nutricosmetics, as they can be used in products for sensitive skin.
