Market Trends of Canada Animal Protein Industry
This section covers the major market trends shaping the Canada Animal Protein Market according to our research experts:
Largest Segment By End User : <span style="font-family: 'regular_bold';color:#0e7db3;">Supplements</span>
- By end-user, supplements captured the leading position, majorly driven by the increasing athlete base in the country. The rising number of gyms and health clubs in the country is molding consumers to get involved in a more professional fitness regime, promoting specific diets based on proteins. The high biological value served by whey and milk proteins makes it a better choice for muscle recovery.
- Food and beverage remained the second-largest segment, and expected to witness steady growth owing to increase application of animal protein in functional food and beverages.
- In terms of growth rates, the personal care and cosmetic industry was projected to grow with the fastest CAGR of 4.66%. The industry is anticipated to grow with the increased consumer splurge on self-care products and the demand for premium bioactive ingredients in it.
Understand The Key Trends Shaping This Market
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