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Yahoo
a day ago
- Health
- Yahoo
Health Drinks Market Size to Surpass USD 144.44 Billion by 2034, Driven by Wellness Trends and Gut-Health Innovations
According to Towards FnB, the global health drinks market size is estimated at USD 101.48 billion in 2025 and is forecasted to hit around USD 144.44 billion by 2034, growing at a CAGR of 4% during the forecast period from 2025 to 2034. Growing awareness around immunity, gut health, and clean-label nutrition is driving demand. North America leads the market, while Asia-Pacific emerges as the fastest-growing region. Ottawa, July 22, 2025 (GLOBE NEWSWIRE) -- The global health drinks market size accounted for USD 97.58 billion in 2024 and is predicted to rise form USD 101.48 billion in 2025 to USD 144.44 billion by 2034, expanding at a CAGR of 4% from 2025 to 2034, according to study published by Towards FnB, a sister firm of Precedence Research. The health drinks market is observing a huge growth in recent years due to high demand for drinks by consumers that help elevate their energy levels and are also nutritious for the body. Such drinks also help to improve mental alertness and hence are also helpful for the growth of the market. Note: This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for decision-making. Access the Full Study Instantly | Download Sample Pages of the Report Now@ Market Overview: Insights & Potential of the Industry in 2025 A health-conscious attitude is highly observed in consumers of all age groups. The foremost habit that affects this routine is eating habits. Unhealthy munching and sipping on fatty beverages do not help consumers stay stuck in their health-conscious attitude. Hence, the introduction of health drinks and food options by the food and beverage sector has helped consumers to stay stuck to their health goals even while traveling or outdoors and not compromise with their goals. Unavailability of healthy drinks and snacks may tempt consumers to munch on unhealthy and fattening options. Hence, today, the high availability of healthy food options and beverages has helped consumers to follow their diet goals. The health drinks market has observed a huge spike in recent years due to a healthy attitude towards eating by people. The millennials, Gen Z, and fitness-influenced people form a huge base for the market as they are always in need of nutritious food options, protein-rich drinks and snacks, and other similar food options to stay loyal to their healthy eating investing in AI-powered personalization, clean labels, and sustainable packaging are gaining early-mover advantages in premium wellness segments. Key Highlights of the Health Drinks Market By region, North America dominated the health drinks market in 2024 due to high demand for low-sugar and low-calorie drinks, which are helpful to keep consumers energetic all day. By region, Asia Pacific is observed to grow significantly in the forecast period due to high demand for healthy beverages, especially protein-rich beverages. The market gets a huge consumer base due to the demand from millennials and Gen Z. By type, the fresh packaged fruit juices segment dominated the health drinks market in 2024 due to high demand for tasty and nutritious drinks, which can be easily consumed outdoors. By type, the functional drinks segment is expected to grow in the foreseen period due to high demand for healthy and functional beverages, which can be easily carried outdoors or while traveling. By distribution channel, the supermarket and hypermarket segment dominated the market, whereas the online segment is expected to grow in the expected timeframe due to the growth of e-commerce platforms. Emerging Trends in the Industry: Market's Largest Potential The health drinks industry is coming up with innovative and healthier drinks to allow consumers to stay focused on their health goals. Different types of functional beverages, such as flavored health drinks, coconut water, soy water, almond milk, oat milk, and various other types of milks, as a replacement for sugary drinks and alcohol, help the growth of the health drinks market. Such health drinks help people to follow the goal of a low-calorie and low-sugar diet and also stay healthy without any compromise with taste. What are the Trends in Health Drinks Market? High demand for healthy drinks that help to keep one energized the whole day, and also help with mental clarity and alertness, is helping the health drinks market grow. The consumer base for the market is hiked by millennials and Gen Z. Healthy drinks with convenient packaging help consumers to carry them easily outdoors and while traveling. It helps to enhance the growth of the market. Companies with sustainable packaging are in high demand compared to those with traditional packaging. High demand for plant-based healthy drinks made from fruits and vegetables is also helping the growth of the market. Availability of such fresh fruit and vegetable drink options in convenient packaging helps people to maintain a healthy lifestyle even in hectic schedules or while traveling outdoors. Hence, options also help in the growth of the health drinks market. Innovation in flavors of health drinks and beverages is also helping the growth of the market, as consumers today are seeking flavorful options to maintain health without any compromise in taste. Gain Comprehensive Market Insights – Download the Full Databook Today: Market Dynamics What are the Growth Drivers of the Health Drinks Market? High demand for low-sugar and low-calorie drinks to maintain the health-conscious attitude of consumers nowadays is one of the biggest growth drivers of the market. Hectic lifestyle and busy schedules are leading consumers to consume sugary drinks and unhealthy munching options. Hence, the health drinks market is observing a huge growth due to a shift of consumers towards healthy options. Availability of health drinks in convenient packaging is also helping consumers to carry such drinks easily while outdoors or while traveling. It helps them to avoid unhealthy drinks and snacks and stay relevant to their goals. Availability of health drinks in sustainable packaging is another growth driver of the health drinks market due to consumer awareness of sustainability. Challenges What are the Barriers to the Growth of the Health Drinks Market? Maintaining regulatory standards set by the government to specify labeling, ingredient lists, and health claims can be difficult to tackle, acting as a barrier to the growth of the market. Complying with the standards of the food safety department can also be an issue in the growth of the market. Issues in the supply of raw materials, such as disturbing weather conditions, geopolitical issues, and other similar problems, can also affect the growth of the market. Health Drinks Market Regional Analysis Which Region Dominated the Health Drinks Market in 2024 North America dominated the health drinks market in 2024 due to a huge shift of consumers towards the consumption of healthy drinks to avoid sugary and fattening drinks. It helped the consumers of the region to stay stuck on their health goals and maintain a health-conscious attitude. The market also observed a growth due to the availability of different types of functional drinks and plant-based beverages for vegans and people with lactose intolerance. The market also saw a hike due to high demand for low-sugar and low-calorie beverages by millennials and Gen Z. Asia Pacific is observed to grow at the fastest rate during the forecast period. High demand for different types of health drinks, plant-based health drinks, and protein-rich drinks is leading to the growth of the health drinks market in the Asia Pacific. The millennials and Gen Z form a huge base for the market's growth, along with a high shift of consumers towards health drinks as a substitute for unhealthy, sugary drinks. Top Countries' Trends in Health Drinks Market: India: Strong adoption of Ayurvedic and herbal ingredients (e.g. turmeric, ashwagandha, tulsi, amla) in RTDs and wellness shots. Rising demand for gut-health and probiotic beverages such as kombucha, kefir, and prebiotic-infused juices. Growing popularity of energy-boosting and cognitive-enhancing drinks, often using adaptogens and natural nootropics. United States: Dominance of energy drinks and shots business, but rapid growth in nutraceutical and probiotic-infused drinks. Surge of gut-health beverages including prebiotic sodas (e.g. Poppi, Olipop) as healthy soda alternatives, Poppi sales projected to reach $2 billion industry by 2029. Functional beverages marketed for mental clarity, immune support, and skincare benefits, often via vitamins, adaptogens, or nootropics. Germany: Increasing adoption of ready-to-drink (RTD) functional beverages in hospitality and retail sectors, especially among Gen Z consumers in cities like Berlin. High consumer openness toward probiotic-enriched and vitamin-fortified beverages—over 60% supportive of such enrichment Appeal of craft, natural ingredient-based sodas and botanical drinks, fitting clean-label and premium positioning. Health Drinks Market Report Scope Report Attribute Key Statistics Base Year 2024 Forecast Period 2025 to 2034 Growth Rate from 2025 to 2034 CAGR of 4% Market Size in 2024 USD 97.58 Billion Market Size in 2025 USD 101.48 Billion Market Size by 2034 USD 144.44 Billion Dominated Region North America Fastest Growing Region Asia Pacific Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Have Questions? Let's Talk—Schedule a Meeting with Our Insights Team: Health Drinks Market Segmental Analysis Type Analysis Why Did Fresh Packaged Fruit Juice Dominate the Health Drinks Market in 2024? The fresh packaged fruit juices segment dominated the health drinks market in 2024, due to its multiple health benefits. Packaged fresh fruit juices help consumers to stay focused with their health goals and avoid consumption of sugary and fattening drinks and shakes available in the market. Packaged fresh fruit juice available in convenient packaging allow consumers to enjoy healthy drinks even when outdoors or while traveling, easily and without any mess. The segment also helped the growth of the market by providing an easy means of nutrition and health with low-calorie and no-sugar options. The functional drinks segment of the health drinks market is expected to grow in the expected timeframe, due to the high demand for this form of drink by consumers. Functional drinks are highly demanded these days as innovation and AI algorithms have helped to make functional beverages helpful to deal with stress, addiction, or health issues such as digestive disorders. Innovation is helping the health drinks market to come up with health drinks, including probiotics, adaptogens, and collagen. Distribution Channel Analysis How Did Supermarkets and Hypermarkets Segment dominate the Health Drinks Market in 2024? The supermarkets and hypermarkets segment led the health drinks market in 2024, due to the high availability of different types of drinks, groceries, and health drink options under one roof. The segment allowed consumers to purchase different types of products under one roof in different price ranges, leading to the growth of the health drinks market. The segment also provides an extensive range of various other relatable product categories, hence the segment dominated the market. The online retail segment of the health drinks market is expected to grow in the expected timeframe, due to the growth of e-commerce platforms. It helps people to order different types of health drinks after having looked at the complete information of the product and ordering accordingly. The online segment also helps in direct-to-consumer sales, which is helpful to gather first-hand information and reviews about the product. Hence, it eases the innovation process of the product for future purposes and allows companies to connect directly with their customers. Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Additional Topics Worth Exploring: Alcoholic Drinks Market: The global alcoholic drinks market size is projected to expand from USD 1,934.86 billion in 2025 to USD 4,488.19 billion by 2034, growing at a CAGR of 9.80% during the forecast period from 2025 to 2034. Soft Drinks Market: The global soft drinks market size is projected to expand from USD 222.64 billion in 2025 to USD 280.50 billion by 2034, growing at a CAGR of 2.6% during the forecast period from 2025 to 2034. Probiotic Drinks Market: The global probiotic drinks market size is projected to expand from USD 26.96 billion in 2025 to USD 56.19 billion by 2034, growing at a CAGR of 8.50% during the forecast period from 2025 to 2034. North America Snack Bar Market: The North America snack bar market size is rising from USD 14.85 billion in 2025 to USD 30.17 billion by 2034. This projected expansion reflects a CAGR of 8.2% during the forecast period from 2025 to 2034. Wheat Protein Ingredients Market: The global wheat protein ingredients market size is projected to witness strong growth from USD 6.44 billion in 2025 to USD 9.33 billion by 2034, reflecting a CAGR of 4.2% over the forecast period from 2025 to 2034. Food Ingredients Market: The global food ingredients market size is projected to expand from USD 368.70 billion in 2025 to USD 567.09 billion by 2034, growing at a CAGR of 4.9% during the forecast period from 2025 to 2034. Micronized Salt Market: The global micronized salt market size is rising from USD 3,145.70 million in 2025 to USD 3,998.08 million by 2034. This projected expansion reflects a CAGR of 2.7% during the forecast period from 2025 to 2034. U.S. Maltodextrin Market: The U.S. maltodextrin market size is projected to witness strong growth from USD 1.44 billion in 2025 to USD 2.06 billion by 2034, reflecting a CAGR of 4.1% over the forecast period from 2025 to 2034. Major Players in the Global Health Drinks Market Unilever – Offers nutritious beverages under brands like Horlicks and Boost, focusing on wellness and daily energy. Mondelez International Inc – Markets functional beverages and powdered drink mixes through brands like Bournvita, promoting immunity and growth. PepsiCo Inc – Provides a range of health-focused drinks including Gatorade and Propel, targeting hydration and sports performance. Abbott – Specializes in science-backed nutritional drinks like Ensure and PediaSure, supporting health across age groups. Glanbia plc – Offers high-protein and performance nutrition drinks under brands like Optimum Nutrition and BSN. Nestlé – Delivers health and wellness beverages such as Milo and NESTLÉ HEALTH SCIENCE products aimed at energy and recovery. Recent Developments in the Health Drinks Market In January 2025, Hindustan Unilever Limited (HUL) launched its hydration drink, Liquid IV. HUL introduces its global launch as a competitor to renowned sports drinks such as Gatorade, Red Bull, and Logan Paul's Prime. The HUL's strategy is to increase its premium product portfolio by 9 percentage points. (Source- In September 2024, Maiva launched its range of unsweetened almond milk in three variants. The company claims that the almond milk is unsweetened, with zero cholesterol, and fortified with vitamin B12 and vitamin D. (Source- Segments Covered in the Report By Type Freshly packed fruit juices Nutritional Drinks Functional Drinks Others By Distribution Channel Online Retail Supermarket & Hypermarket Speciality Store Convenience Store Others By Region North America U.S. Canada Asia Pacific China Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Thank you for exploring our insights. For more targeted information, customized chapter-wise sections and region-specific editions such as North America, Europe, or Asia Pacific—are also available upon request For Detailed Pricing and Tailored Market Report Options, Click Here: Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Unlock expert insights, custom research, and premium support with the Towards FnB Annual Membership. For USD 495/month (billed annually), get full access to exclusive F&B market data and personalized guidance. It's your strategic edge in the food and beverage industry: About Us Towards FnB is a global consulting firm specializing in the food and beverage industry, providing innovative solutions and expert guidance to elevate businesses. With an in-depth understanding of the dynamic F&B sector, we deliver customized market analysis and strategic insights. Our team of seasoned professionals is committed to empowering clients with the knowledge needed to make informed decisions, ensuring they stay ahead of market trends. Partner with us as we redefine success in the rapidly evolving food and beverage landscape, and together, we'll navigate this transformative journey. Our Trusted Data Partners Precedence Research | Statifacts | Towards Packaging | Towards Chemical and Materials| Nova One Advisor
Yahoo
2 days ago
- Business
- Yahoo
Specialty Food Ingredients Market Size Worth USD 179.87 Billion by 2034
According to Towards FnB, the global specialty food ingredients market size is calculated at USD 113.01 billion in 2025 and is expected to hit around USD 179.87 billion by 2034, expanding at a CAGR of 5.3% during the forecast period from 2025 to 2034. Driven by growing demand for healthier, cleaner food options, the specialty food ingredients market is booming, with key innovations in plant-based and functional ingredients, especially in North America and Asia Pacific. Ottawa, July 21, 2025 (GLOBE NEWSWIRE) -- The global specialty food ingredients market size stood at USD 107.32 billion in 2024 with projections indicating a rise from USD 113.01 billion in 2025 to around USD 179.87 billion by 2034, growing at a CAGR of 5.3% from 2025 to 2034, according to study published by Towards FnB, a sister firm of Precedence Research. The market has experienced a surge in recent years, driven by high demand for healthier food options that require more nutritious ingredients. These ingredients aren't available in bulk commodities, making them premium and pure in quality. The market is also hiked up by consumers preferring a cleaner eating pattern. Note: This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for decision-making. Access the Full Study Instantly | Download Sample Pages of the Report Now@ Market Overview: Insights & Potential The specialty food ingredients market is a huge category that refers to the use of specialty ingredients added to dairy, beverages, food options, and meat. Unlike bulk commodities, specialty food ingredients are manufactured in smaller quantities to ensure quality and their benefits when added to food items. Such ingredients help to enhance the nutritional quality of foods and beverages, such as making them gluten-free, plant-based, rich in protein, minerals, or vitamins, and also help consumers to avoid excess or harmful refined sugar and oils. The specialty food ingredients market also observes a hike due to consumers being serious about their health and preferring specialty or functional food only. Key Highlights of Specialty Food Ingredients Market By region, North America dominated the specialty food ingredients market due to the increasing inclination of people towards the health and wellness domain. By region, the Asia Pacific is expected to grow at a notable rate due to the prevalence of nutritional deficiencies and government initiatives aimed at promoting the market. By ingredient type, the natural flavor segment led the market due to high demand by consumers to retain the natural flavors. By ingredient type, the prebiotics segment is expected to grow during the forecast period due to increasing awareness about gut health and the importance of prebiotics for maintaining healthy digestion. By application, bakery and confectionery led the market, whereas the functional or plant-based drinks segment is expected to grow at the highest rate due to increasing demand for nutritional and healthy food options. By source, the natural segment dominated the market, and the biotechnological segment is expected to grow due to rising awareness among consumers about the benefits of health and nutrition and progressing biotechnology. By function, the flavor enhancement segment dominated the specialty food ingredients market in 2024, whereas the nutritional enhancement segment is observed to grow in the foreseen period due to the high inclination of consumers for overall health and wellness. By end use, the food and beverage manufacturers segment contributed to the market in 2024, along with an expansion of the nutraceutical companies' segment in the foreseen period due to high demand by consumers for healthy alternatives and nutraceuticals. What are Latest Trends Specialty Food Ingredients Market? Due to the rising population of consumers following veganism, the market has introduced multiple plant-based food options that are cleaner and healthier. It has also helped in enhancing the health and wellness domain, along with the growth of the specialty food ingredients market. Consumer awareness leading to habits like having a glance at the ingredient list of food options and beverages has also helped in the growth of the specialty food ingredients market. Consumers today prefer to consume healthier food options rather than oily and sugary products that are harmful to health. High demand for fortified foods and the rising health-conscious attitude of people are also helping the growth of the market. Government initiatives in the form of encouraging fortification programs globally are also aiding the growth of the specialty food ingredients market. High demand for customization as per the requirements of the body is also one of the major factors contributing to the growth of the specialty food ingredients market. It helps consumers to target their health issues and consume the right food options accordingly. Gain Comprehensive Market Insights – Download the Full Databook Today: Market Dynamics What are the drivers helping the growth of the specialty food ingredients market? High demand for functional foods helpful for overall health and nutrition is one of the vital factors helpful for the growth of the specialty food ingredients market. Such ingredients help in maintaining the nutritional quality of food, such as keeping the essential vitamins, minerals, amino acids, and omega-3 intact. They also help in enhancing the shelf life of food options and beverages. Hence, such factors enhance the growth of the market. Specialty ingredients also involve advanced biotechnology for enhanced nutritional levels of food items. Hence, it also helps in the enhancement of the market. Challenge High production cost obstructing the growth of the market Specialty ingredients help to enhance the nutritional quality of food items and beverages. Hence, they are manufactured to maintain their nutritional quality. Hence, they are manufactured in smaller quantities, unlike bulk commodities, ignoring the food quality. The production costs are also higher compared to the manufacturing of normal food ingredients. Hence, such issues obstruct the growth of the specialty food ingredients market. It further leads to elevated costs of specialty or functional food items. Hence, price-conscious consumers may not prefer to shop for such food items. Hence, the overall cycle or market's growth is restricted. Specialty Food Ingredients Market Regional Analysis Which Region Dominated the Specialty Food Ingredients Market in 2024? North America dominated the specialty food ingredients market in 2024. High demand for foods with high nutritional quality and clean ingredients is helping the growth of the specialty food ingredients market in North America. Consumers today are aware of the importance of functional and specialty foods enriched with the goodness of specialty ingredients. Hence, the market had a huge growth in the region. Consumers in the region prefer to consume foods with cleaner labels and hence prefer to avoid refined and junk food options. Under such circumstances, specialty food options and ingredients help consumers to opt for healthy food items. Asia Pacific is observed to grow at the fastest CAGR in the forecast period. Asia Pacific is observed to be the fastest-growing region in the foreseen period due to rising awareness about health and nutrition, rising deficiencies, and rising government initiatives for fortification in the region. Consumption of under-nourished food options leads to deficiencies of nutrients, vitamins, and minerals essential for the body. Hence, dealing with such issues leading to the growth of specialty food ingredients is helping the growth of the market. Consumers today are well-acquainted with the benefits of functional and plant-based foods for the body. Hence, the region is observed to be the fastest growing in the expected timeframe. Our principal consultant Vidyesh Swar says, 'Asia-Pacific is not just the fastest-growing market it is also emerging as a global hub for plant-based innovations, biotechnology, and functional ingredients. As the region tackles public health challenges like nutritional deficiencies, specialty ingredients are playing an increasingly vital role. As the region confronts persistent health challenges, from undernutrition in developing economies to rising lifestyle-related diseases in urban centers, there is a clear shift toward functional foods and nutraceuticals that address these issues proactively. Specialty Food Ingredients Market Report Scope Report Attribute Key Statistics Base Year 2024 Forecast Period 2025 to 2034 Growth Rate from 2025 to 2034 CAGR of 5.3% Market Size in 2024 USD 107.32 Billion Market Size in 2025 USD 113.01 Billion Market Size by 2034 USD 179.87 Billion Dominated Region North America Fastest Growing Region Asia Pacific Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Have Questions? Let's Talk—Schedule a Meeting with Our Insights Team: Specialty Food Ingredients Market Segmental Analysis Ingredient Type Analysis Natural Flavors Segment Led the Specialty Food Ingredients Market in 2024 The natural flavors segment led the market in 2024 due to high demand by health-conscious consumers to keep the natural flavor intact in specialty food and beverages. It helps consumers to consume healthy food without any synthetic flavor, feel, or texture. The segment also helps to maintain the sustainability factor and hence is preferred by consumers, further fueling the growth of the market. Use of natural flavors also helps consumers to maintain their strength and immunity and keep them protected from the spread of chronic diseases. Hence, the segment helped the growth of the market in 2024. The Prebiotics Segment is Expected to Grow Rapidly in the Forecast Period The prebiotics segment is expected to grow at a notable rate in the forecast period due to rising consumer awareness about the benefits of prebiotics for digestion and overall health. When combined with a high intake of fibrous foods, it helps to maintain gut health and smooth the digestion process. Hence, health-conscious consumers highly purchase food options with prebiotics, further helping the growth of the market. The segment is also observing growth due to the rise of health and fitness, sports activities, and the importance of a healthy digestive system. Application Analysis How Did Bakery and Confectionery Segment Lead the Specialty Food Ingredients Market? Bakery and confectionery segment led the market in 2024. The bakery and confectionery segment led the specialty food ingredients market in 2024 due to high demand for premium bakery products, further leading to demand for specialty ingredients. It helps in maintaining the authentic taste and quality of bakery products. Hence, consumers prefer to buy premium confectionery and bakery goods. Natural flavours, premium chocolate, and natural flavours are some of the factors helping the growth of the specialty food ingredients market. The use of specialty ingredients helps in enhancing the flavours of artisanal sweets and premium bakery products. The functional/plant-based drinks segment is expected to grow notably in the foreseen period. Today, along with functional food options, consumers are also concerned about options for functional or plant-based beverages. It helps one to cut off excess calories and sugar. Hence, consumers today opt for functional or plant-based drinks that are helpful to maintain a healthier and cleaner diet. Convenient packaging of such drinks helps to enhance the market's growth as people prefer to carry them while traveling or outdoors to avoid sugary and calorie-dense drinks and shakes. Hence, specialty/plant-based drinks help the growth of the market. Source Analysis Which Source Segment Dominated the Specialty Food Ingredients Market in 2024? The natural segment dominated the specialty food ingredients market in 2024. The natural segment dominated the specialty food ingredients market in 2024 due to high demand for plant-based and healthier food options requiring specialty ingredients. Such ingredients help to enhance immunity, maintain digestive health, and are ideal for vegans as well. High demand for plant-derived protein, natural emulsifiers, and rising awareness of food allergies are also helpful for the market's growth. Plant-based, dairy-free, and gluten-free options are also helpful to enhance the segment's growth, further helping the growth of the market. The biotechnological segment of the specialty food ingredients market is expected to grow at the fastest rate in the foreseeable period. Improvement in fermentation technology, helpful to enhance the shelf life and nutritional content of specialty foods and beverages, is helping the market grow in the forecast period. Higher demand for healthier food options requiring specialty ingredients is also aiding the growth of the market. Higher usage of fermented ingredients in different foods and beverages is also helping the growth of the market. Function Analysis Which Segment by Function Dominated the Specialty Food Ingredients Market in 2024? Flavor enhancement segment led the market in 2024. Flavor enhancement segment dominated the specialty food ingredients market in 2024 due to high demand for a variety of flavours and their fusion in specialty or functional food options. Incorporating flavor enhancements in specialty food options helps to elevate the experience of enjoying such foods and beverages, and enhances the inclination of consumers towards the growth of the market as well. The nutritional enhancement segment is observed to grow at the fastest rate during the foreseen period. Rising awareness for health and nutrition, along with the importance of consuming natural and cleaner label food items and drinks, will help the growth of the market in the foreseeable period. Consumers today prefer to indulge in food options with higher nutritional levels, such as fiber, vitamins, minerals, omega-3, and collagen, too. Active lifestyles requiring the need for functional foods for staying energetic and avoiding lethargy are also aiding the growth of the market. End Use Analysis Which End-use Category Dominated the Specialty Food Ingredients Market in 2024? The food and beverage manufacturer segment dominated the market in 2024. The food and beverage manufacturer segment led the specialty food ingredients market in 2024 due to the high demand for healthy, clean, and functional foods requiring healthy and clean ingredients. Increasing health awareness and the role of a clean diet in maintaining overall health are other major factors in the growth of the market. Natural emulsifiers, flavor enhancers, preservatives, and stabilizers help to maintain the nutritional quality of specialty food and ingredients. Hence, the specialty food ingredients market is also observing growth due to such factors. The nutraceutical companies segment is observed to grow at the highest rate in the forecast period. Rising health awareness and high demand for healthy alternatives are the major factors for the growth of nutraceutical companies in the foreseeable period. The nutraceuticals segment promotes health rather than diseases or illness, and hence helps the growth of the market. Encouraging demand for nutraceuticals due to the rise of the aging population, the rise in chronic diseases, and other similar issues. Supplements help to deal with such issues and maintain overall health. Hence, the segment is aiding the growth of the market. Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Additional Topics Worth Exploring: Wheat Protein Ingredients Market: The global wheat protein ingredients market size is projected to witness strong growth from USD 6.44 billion in 2025 to USD 9.33 billion by 2034, reflecting a CAGR of 4.2% over the forecast period from 2025 to 2034. Dairy Ingredients Market: The global dairy ingredients market size is expected to grow from USD 83.39 billion in 2025 to USD 150.75 billion by 2034, at a CAGR of 6.8% over the forecast period from 2025 to 2034. Cooking Ingredients Market: The global cooking ingredients market size is projected to expand from USD 73.65 billion in 2025 to USD 126.56 billion by 2034, growing at a CAGR of 6.2% during the forecast period from 2025 to 2034. Animal Feed Ingredients Market: The global animal feed ingredients market size is projected to expand from USD 42.77 billion in 2025 to USD 58.79 billion by 2034, growing at a CAGR of 3.6% during the forecast period from 2025 to 2034. Functional Ingredients Market: The global functional ingredients market size was valued at USD 121.46 billion in 2024 and is expected to grow steadily from USD 127.78 billion in 2025 to reach nearly USD 201.65 billion by 2034, with a CAGR of 5.20% during the forecast period from 2025 to 2034. Alternative Protein Ingredients Market: The global alternative protein ingredients market size is expected to grow from USD 26.24 billion in 2025 to USD 86.70 billion by 2034, at a CAGR of 14.20% over the forecast period from 2025 to 2034. Fermented Ingredients Market: The global fermented ingredients market size is projected to grow from USD 43.53 billion in 2025 to USD 113.18 billion by 2034, reflecting a CAGR of 11.2% over the forecast period from 2025 to 2034. Baking Ingredients Market: The global baking ingredients market size is projected to grow from USD 18 billion in 2025 to around USD 31.72 billion by 2034, at a CAGR of 6.5% during the forecast period from 2025 to 2034. Specialty Food Ingredients Market Top Companies ADM Ajinomoto Co. Archer Daniels Midland BASF SE Cargill, Inc. Chr. Hansen Holding Corbion N.V. Danisco (IFF) DSM-Firmenich DuPont Nutrition & Health (Now part of IFF) Ingredion Incorporated International Flavors & Fragrances (IFF) Kerry Group Kemin Industries Lonza Group Roquette Frères Sensient Technologies Symrise AG Tate & Lyle Tereos Group Recent Developments in Specialty Food Ingredients Market In July 2025, Hojalicious, an ingredient brand empowering the US beverage and specialty food industry, launched its AMP BOBA Energy Popping Boba Drink. The company launched the product at the Summer Fancy Food Show 2025 at the Javits Center in New York City. (Source- In June 2025, Compound Foods, founded by Maricel Saenz in 2020, launched its beanless coffee and cacao products using its 'proprietary product platform'. The company stated that the main aim of the product launch is to provide companies with alternatives to coffee and cacao without beans. (Source- Segments Covered in the Report By Ingredient Type Functional Food Ingredients Prebiotics Probiotics Dietary Fibers Omega-3 & Fatty Acids Plant-based Bioactives Others Flavors & Flavor Enhancers Natural Flavors Artificial Flavors Flavor Modulators Colors Natural Colors (e.g., beetroot, turmeric, spirulina) Synthetic Colors Sweeteners Natural Sweeteners (e.g., stevia, monk fruit) Artificial Sweeteners (e.g., sucralose, aspartame) Polyols (e.g., erythritol, sorbitol) Emulsifiers Lecithin Mono- and Diglycerides Polyglycerol Esters Others Enzymes Amylases Proteases Lipases Others Preservatives Natural (e.g., rosemary extract, vinegar) Synthetic (e.g., sorbates, benzoates) Acidulants Citric Acid Malic Acid Lactic Acid Others Texturants & Stabilizers Hydrocolloids (e.g., xanthan gum, carrageenan) Starches & Gums Pectins Proteins & Nutraceuticals Plant-Based Proteins Collagen Peptides Whey Proteins Others By Application Bakery & Confectionery Beverages (Functional & Non-Alcoholic) Dairy & Frozen Desserts Meat, Poultry & Seafood Snacks & Convenience Foods Infant Nutrition Dietary Supplements Sauces, Dressings & Condiments Others By Source Natural Synthetic Biotechnological (e.g., fermentation-based ingredients) By Function Nutritional Enhancement Flavor Enhancement Shelf-Life Extension Texture Modification Visual Appeal (Color, Gloss) Fat/Sugar/Salt Replacement Processing Efficiency By End Use Food & Beverage Manufacturers Nutraceutical Companies Contract Formulators Foodservice & HORECA Others By Region North America U.S. Canada Asia Pacific China Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Thank you for exploring our insights. For more targeted information, customized chapter-wise sections and region-specific editions such as North America, Europe, or Asia Pacific—are also available upon request For Detailed Pricing and Tailored Market Report Options, Click Here: Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Unlock expert insights, custom research, and premium support with the Towards FnB Annual Membership. For USD 495/month (billed annually), get full access to exclusive F&B market data and personalized guidance. It's your strategic edge in the food and beverage industry: About Us Towards FnB is a global consulting firm specializing in the food and beverage industry, providing innovative solutions and expert guidance to elevate businesses. With an in-depth understanding of the dynamic F&B sector, we deliver customized market analysis and strategic insights. Our team of seasoned professionals is committed to empowering clients with the knowledge needed to make informed decisions, ensuring they stay ahead of market trends. Partner with us as we redefine success in the rapidly evolving food and beverage landscape, and together, we'll navigate this transformative journey. Our Trusted Data Partners Precedence Research | Statifacts | Towards Packaging | Towards Chemical and Materials| Nova One AdvisorSign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Animal Feed Market Size Set to Reach USD 989.80 Billion by 2034
According to Towards FnB, the global animal feed market size is expected to be worth USD 989.80 billion by 2034 increasing from USD 654.68 billion in 2025. The market is representing a CAGR of 4.70% between 2025 and 2034. Key trends like AI integration, innovative feed additives, and improving livestock nutrition are shaping the market's future. Ottawa, July 18, 2025 (GLOBE NEWSWIRE) -- The global animal feed market size stood at USD 625.29 billion in 2024 with projections indicating a rise from USD 654.68 billion in 2025 to around USD 989.80 billion by 2034, expanding at a CAGR of 4.70% from 2025 to 2034, according to study published by Towards FnB, a sister firm of Precedence Research. The market has observed potential growth in recent years due to the high demand for quality meat, poultry, and aquaculture products due to the rising population. Hence, improved feed formulations to enhance the productivity of the stock are helping the growth of the animal feed market. Access the Full Study Instantly | Download Sample Pages of the Report Now@ Animal Feed Market Overview A growing population is leading to the changing lifestyles of consumers. The growing population of meat and poultry consumers is giving rise to the growth of the animal feed market as well. The market observes growth due to reasons such as quality produce, feeding the growing population, and ensuring the quality of the produce. The growth of the market is also challenging for the livestock segment. The market observes a spike due to the high demand for quality animal feed for healthy produce to suffice the growing meat needs. The increasing demand for aquaculture and fish meat is another major reason for the growth of the animal feed market. Nutritional feed for fish for better produce is another major reason for the growth of the market. The rising net income of consumers, improving the standard of living, and leading to higher demand for premium meat are also fuelling the growth of the animal feed market. The increasing demand for food products derived from animals is another major reason for the high demand for quality animal feed further leading to the growth of the market. According to the FAO, animal feed constitutes up to 70% of the total cost of livestock production, making feed efficiency and innovation critical to economic viability. Key Highlights of the Animal Feed Market By region, Asia Pacific led the animal feed market with the largest market share of 39% in 2024, due to the high demand for meat and poultry in the region to feed the growing population needs. By region, North America is expected to grow at the fastest rate during the foreseen period due to advanced technologies helping in animal nutrition and increasing awareness of utilizing compound feed for livestock. By species, the poultry segment captured the maximum market share of 38% in 2024, due to increasing demand for the segment to serve the growing population. By species, the cattle segment is observed to grow at a notable pace in the forecast period due to nutritionally balanced cattle feed for better produce. By additives, the amino acid segment generated the maximum market share of 32% in 2024, whereas the antibiotics segment is observed to grow at the fastest rate for improving the feed quality for better produce. Leading Countries in Animal Feed (2023) Country Production in Million Metric Tons (MMT) China 262.71 MMT United States 238.09 MMT India 52.83 MMT Mexico 40.42 MMT Spain 36.22 MMT AI integration in Animal Feed Sector: Major Opportunity for the Market AI integration is one of the major opportunities for the growth of the animal feed market in the foreseen period. Technological development helping the animal feed formulation helps the market grow in the foreseen period. Utilizing machine learning methods helps to enhance the nutrition level of animal feed for healthy animal produce to suffice the growing needs of the growing population. The advanced technology also helps animal feed manufacturers to maintain the sustainability factor to maintain a healthy environmental balance. For instance, startups like Connecterra and larger firms such as Cargill are already deploying AI-powered sensors and predictive analytics to monitor livestock health and optimize feed composition in real time. What are Latest Trends in the Animal Feed Market? Increased demand for quality animal feed involving a mixture of animal meat and organic feed for the complete nutrition of animals for healthy produce is one of the major factors helping drive the growth of the animal feed market. The development of freezing technology helpful for freezing animal feed to maintain its nutrition is another major factor fuelling the growth of the market. Mergers of companies, acquisitions, and government initiatives are also some of the factors aiding the growth of the market. Gain Comprehensive Market Insights – Download the Full Databook Today: Market Dynamics What is the Growth Driver of the Animal Feed Market? Multiple aiding factors help the growth of the animal feed market globally. The increasing population demand for meat produce is one of the major factors in the growth of the animal feed market. Rising disposable income, improving the standard of living of consumers, and high demand for premium demand lead to demand for high-quality animal feed as well. Hence, this continuous cycle of demand and supply is one of the major factors helping the growth of the market. Urban and semi-urban regions are observing high demand for quality meat leading to the growth of the market. What is the Barrier to the growth of Animal Feed Market? Multiple issues such as price fluctuations in key ingredients such as corn, soybean, oilseeds, and fishmeal act as a barrier to the growth of the animal feed market. Disruptions in the supply chain due to damaging environmental conditions, geopolitical issues, and pandemic-like situations also cause issues in the growth of the market. The high cost of raw materials in different regions is also one of the factors causing issues in the growth of the market. Regional Analysis Which Region Dominated the Animal Feed Market in 2024? Asia Pacific dominated the animal feed market in 2024. The rise in the demand for meat, poultry, and various other animal products led to the growth of the animal feed market in Asia Pacific in 2024. The growing population directly linked with the growth of rising demand for high-quality meat produce and poultry also helped the growth of the market. Consumer awareness regarding the benefits of feed additives for healthier produce and maintained nutrition of meat produce also fueled the market growth in the region. China being the largest animal feed producer has a major contribution to the growth of the market in the region. India to Grow Rapidly: What to Expect in the Upcoming Years? Expanding livestock and cattle population: India has the world's largest cattle population, fueling demand for both cattle and dairy feed. Strong poultry & aquaculture growth: Rising poultry consumption is driving poultry feed demand, while aqua-feed is among the fastest-growing sub-segments. Government support & infrastructure schemes: Initiatives such as the National Livestock Mission, AHIDF, E-Pashu Haat, and livestock insurance programs are boosting livestock productivity and feed sector investment. Import volatility and ingredient innovation: Rising raw material prices and supply uncertainties are pushing feed companies to explore lower-cost, alternative ingredients like insect meal and DDGS. North America is observed to be the fastest-growing region of the animal feed market in the foreseen period due to increasing demand for dairy, meat, and poultry in the region. Improved and advanced technology to enhance feed nutrition, improved research on feed additives, and escalation of livestock production are some of the major factors driving the growth of the animal feed market in North America. U.S. states have the highest technologies for enhancing animal feed and hence have a major contribution to the growth of the market in the region. Market Report Scope Report Attribute Key Statistics Base Year 2024 Forecast Period 2025 to 2034 Growth Rate from 2025 to 2034 CAGR of 4.70% Market Size in 2024 USD 625.29 Billion Market Size in 2025 USD 654.68 Billion Market Size by 2034 USD 989.80 Billion Dominated Region Asia Pacific Fastest Growing Region North America Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Have Questions? Let's Talk—Schedule a Meeting with Our Insights Team: Animal Feed Market Segmental Analysis Species Type Analysis The Poultry Segment dominated the Animal Feed Market in 2024 Increased demand for poultry globally leading to high demand for its import and export has led to the growth of the animal feed market in 2024. Consumers with rising incomes and rising demands for premium meat have also fueled the growth of the animal feed market. Helpful and advanced poultry-rearing methods to keep the nutrition intact are also helping the growth of the market. Increasing demand for poultry is also leading to the growth of innovative products related to poultry. The whole process helps in the growth of the market as well. The cattle feed market is observed to grow notably in the expected timeframe as milk producers are focusing on blending the cattle feed with the nutritional blend for healthy yields and maintaining meat quality. Increasing demand for poultry products due to increasing population is also helping the animal feed market grow. Additives Analysis The Amino Acid Segment dominated the Animal Feed Market in 2024 The low capacity of livestock to produce amino acids has led to the growth of the amino acid feed segment further leading to the growth of the animal feed market. Lysine and methionine, amino acids are highly used by the dairy sector to enhance efficiency and lower metabolic disorders. Demand for high-quality and premium meat leading to healthy animal husbandry and high-quality cattle feed also helps in the growth of the market. The antibiotics segment of the animal feed market is observed to be the fastest growing segment in the foreseen period as it helps to enhance the nutritional factor of animal feed for healthier yields. Research has proved that adding antibiotics to feed additives has helped to enhance the nutritional level of feed. Hence, it directly helps to enhance the growth of the animal feed market. The involvement of antibiotics also helps to maintain animal health and lower the chances of animals getting affected by different types of diseases. Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Additional Topics Worth Exploring: Animal Feed Phytase Market: The global animal feed phytase market is rising from USD 660.98 million in 2025 to USD 1,184.87 million by 2034. This projected expansion reflects a CAGR of 6.7% throughout the forecast period from 2025 to 2034. Animal Feed Ingredients Market: The global animal feed ingredients market size is projected to expand from USD 42.77 billion in 2025 to USD 58.79 billion by 2034, growing at a CAGR of 3.6% during the forecast period from 2025 to 2034. Animal Nutrition Chemicals Market: The global animal nutrition chemicals market size is increasing from USD 12.76 billion in 2025 to USD 19.13 billion by 2034, driven by a CAGR of 4.6% during the forecast period from 2025 to 2034. U.S. Pet Food Market: The U.S. pet food market size is projected to witness strong growth from USD 45.39 billion in 2025 to USD 66.88 billion by 2034, reflecting a CAGR of 4.4% over the forecast period from 2025 to 2034. Allulose Market: The global allulose market size is projected to expand from USD 337.43 million in 2025 to USD 714.90 million by 2034, growing at a CAGR of 8.7% during the forecast period from 2025 to 2034. Prebiotics Market: The global prebiotics market size is expected to grow from USD 11.93 billion in 2025 to USD 41.74 billion by 2034, at a CAGR of 14.93% over the forecast period from 2025 to 2034. Specialty Food Ingredients Market: The global specialty food ingredients market size is projected to witness strong growth from USD 113.01 billion in 2025 to USD 179.87 billion by 2034, reflecting a CAGR of 5.3% over the forecast period from 2025 to 2034. Animal Feed Market Key Players Alltech Cargill, Incorporated Kemin Industries, Inc. Nutreco N.V. Charoen Pokphand Foods PCL BRF S.A. Purina Animal Nutrition LLC. New Hope Group ADM Animal Nutrition Kent Nutrition Group Recent Developments in the Animal Feed Market In July 2025, Corbion successfully received approvals for the launch of algae-derived omega 3 DHA products in China. The brand aims to launch the products in China's rapidly growing animal and human nutrition markets. (Source- In March 2025, Kemin Industries, a global ingredient manufacturer, launched their new feed pathogen control solution named 'Prosidium' at VIV Asia in Bangkok's feed and animal production tradeshow. (Source- Segments Covered in the Report By Species Poultry Cattle Swine Aqua Pet By Additives Antibiotics Vitamins Antioxidants Amino Acid Feed Enzymes Feed Acidifiers Others By Region North America U.S. Canada Asia Pacific China Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Thank you for exploring our insights. For more targeted information, customized chapter-wise sections and region-specific editions such as North America, Europe, or Asia Pacific—are also available upon request For Detailed Pricing and Tailored Market Report Options, Click Here: Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Unlock expert insights, custom research, and premium support with the Towards FnB Annual Membership. For USD 495/month (billed annually), get full access to exclusive F&B market data and personalized guidance. It's your strategic edge in the food and beverage industry: About Us Towards FnB is a global consulting firm specializing in the food and beverage industry, providing innovative solutions and expert guidance to elevate businesses. With an in-depth understanding of the dynamic F&B sector, we deliver customized market analysis and strategic insights. Our team of seasoned professionals is committed to empowering clients with the knowledge needed to make informed decisions, ensuring they stay ahead of market trends. Partner with us as we redefine success in the rapidly evolving food and beverage landscape, and together, we'll navigate this transformative journey. Our Trusted Data Partners Precedence Research | Statifacts | Towards Packaging | Towards Chemical and Materials| Nova One AdvisorSign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Animal Feed Market Size Set to Reach USD 989.80 Billion by 2034
According to Towards FnB, the global animal feed market size is expected to be worth USD 989.80 billion by 2034 increasing from USD 654.68 billion in 2025. The market is representing a CAGR of 4.70% between 2025 and 2034. Key trends like AI integration, innovative feed additives, and improving livestock nutrition are shaping the market's future. Ottawa, July 18, 2025 (GLOBE NEWSWIRE) -- The global animal feed market size stood at USD 625.29 billion in 2024 with projections indicating a rise from USD 654.68 billion in 2025 to around USD 989.80 billion by 2034, expanding at a CAGR of 4.70% from 2025 to 2034, according to study published by Towards FnB, a sister firm of Precedence Research. The market has observed potential growth in recent years due to the high demand for quality meat, poultry, and aquaculture products due to the rising population. Hence, improved feed formulations to enhance the productivity of the stock are helping the growth of the animal feed market. Access the Full Study Instantly | Download Sample Pages of the Report Now@ Animal Feed Market Overview A growing population is leading to the changing lifestyles of consumers. The growing population of meat and poultry consumers is giving rise to the growth of the animal feed market as well. The market observes growth due to reasons such as quality produce, feeding the growing population, and ensuring the quality of the produce. The growth of the market is also challenging for the livestock segment. The market observes a spike due to the high demand for quality animal feed for healthy produce to suffice the growing meat needs. The increasing demand for aquaculture and fish meat is another major reason for the growth of the animal feed market. Nutritional feed for fish for better produce is another major reason for the growth of the market. The rising net income of consumers, improving the standard of living, and leading to higher demand for premium meat are also fuelling the growth of the animal feed market. The increasing demand for food products derived from animals is another major reason for the high demand for quality animal feed further leading to the growth of the market. According to the FAO, animal feed constitutes up to 70% of the total cost of livestock production, making feed efficiency and innovation critical to economic viability. Key Highlights of the Animal Feed Market By region, Asia Pacific led the animal feed market with the largest market share of 39% in 2024, due to the high demand for meat and poultry in the region to feed the growing population needs. By region, North America is expected to grow at the fastest rate during the foreseen period due to advanced technologies helping in animal nutrition and increasing awareness of utilizing compound feed for livestock. By species, the poultry segment captured the maximum market share of 38% in 2024, due to increasing demand for the segment to serve the growing population. By species, the cattle segment is observed to grow at a notable pace in the forecast period due to nutritionally balanced cattle feed for better produce. By additives, the amino acid segment generated the maximum market share of 32% in 2024, whereas the antibiotics segment is observed to grow at the fastest rate for improving the feed quality for better produce. Leading Countries in Animal Feed (2023) Country Production in Million Metric Tons (MMT) China 262.71 MMT United States 238.09 MMT India 52.83 MMT Mexico 40.42 MMT Spain 36.22 MMT AI integration in Animal Feed Sector: Major Opportunity for the Market AI integration is one of the major opportunities for the growth of the animal feed market in the foreseen period. Technological development helping the animal feed formulation helps the market grow in the foreseen period. Utilizing machine learning methods helps to enhance the nutrition level of animal feed for healthy animal produce to suffice the growing needs of the growing population. The advanced technology also helps animal feed manufacturers to maintain the sustainability factor to maintain a healthy environmental balance. For instance, startups like Connecterra and larger firms such as Cargill are already deploying AI-powered sensors and predictive analytics to monitor livestock health and optimize feed composition in real time. What are Latest Trends in the Animal Feed Market? Increased demand for quality animal feed involving a mixture of animal meat and organic feed for the complete nutrition of animals for healthy produce is one of the major factors helping drive the growth of the animal feed market. The development of freezing technology helpful for freezing animal feed to maintain its nutrition is another major factor fuelling the growth of the market. Mergers of companies, acquisitions, and government initiatives are also some of the factors aiding the growth of the market. Gain Comprehensive Market Insights – Download the Full Databook Today: Market Dynamics What is the Growth Driver of the Animal Feed Market? Multiple aiding factors help the growth of the animal feed market globally. The increasing population demand for meat produce is one of the major factors in the growth of the animal feed market. Rising disposable income, improving the standard of living of consumers, and high demand for premium demand lead to demand for high-quality animal feed as well. Hence, this continuous cycle of demand and supply is one of the major factors helping the growth of the market. Urban and semi-urban regions are observing high demand for quality meat leading to the growth of the market. What is the Barrier to the growth of Animal Feed Market? Multiple issues such as price fluctuations in key ingredients such as corn, soybean, oilseeds, and fishmeal act as a barrier to the growth of the animal feed market. Disruptions in the supply chain due to damaging environmental conditions, geopolitical issues, and pandemic-like situations also cause issues in the growth of the market. The high cost of raw materials in different regions is also one of the factors causing issues in the growth of the market. Regional Analysis Which Region Dominated the Animal Feed Market in 2024? Asia Pacific dominated the animal feed market in 2024. The rise in the demand for meat, poultry, and various other animal products led to the growth of the animal feed market in Asia Pacific in 2024. The growing population directly linked with the growth of rising demand for high-quality meat produce and poultry also helped the growth of the market. Consumer awareness regarding the benefits of feed additives for healthier produce and maintained nutrition of meat produce also fueled the market growth in the region. China being the largest animal feed producer has a major contribution to the growth of the market in the region. India to Grow Rapidly: What to Expect in the Upcoming Years? Expanding livestock and cattle population: India has the world's largest cattle population, fueling demand for both cattle and dairy feed. Strong poultry & aquaculture growth: Rising poultry consumption is driving poultry feed demand, while aqua-feed is among the fastest-growing sub-segments. Government support & infrastructure schemes: Initiatives such as the National Livestock Mission, AHIDF, E-Pashu Haat, and livestock insurance programs are boosting livestock productivity and feed sector investment. Import volatility and ingredient innovation: Rising raw material prices and supply uncertainties are pushing feed companies to explore lower-cost, alternative ingredients like insect meal and DDGS. North America is observed to be the fastest-growing region of the animal feed market in the foreseen period due to increasing demand for dairy, meat, and poultry in the region. Improved and advanced technology to enhance feed nutrition, improved research on feed additives, and escalation of livestock production are some of the major factors driving the growth of the animal feed market in North America. U.S. states have the highest technologies for enhancing animal feed and hence have a major contribution to the growth of the market in the region. Market Report Scope Report Attribute Key Statistics Base Year 2024 Forecast Period 2025 to 2034 Growth Rate from 2025 to 2034 CAGR of 4.70% Market Size in 2024 USD 625.29 Billion Market Size in 2025 USD 654.68 Billion Market Size by 2034 USD 989.80 Billion Dominated Region Asia Pacific Fastest Growing Region North America Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Have Questions? Let's Talk—Schedule a Meeting with Our Insights Team: Animal Feed Market Segmental Analysis Species Type Analysis The Poultry Segment dominated the Animal Feed Market in 2024 Increased demand for poultry globally leading to high demand for its import and export has led to the growth of the animal feed market in 2024. Consumers with rising incomes and rising demands for premium meat have also fueled the growth of the animal feed market. Helpful and advanced poultry-rearing methods to keep the nutrition intact are also helping the growth of the market. Increasing demand for poultry is also leading to the growth of innovative products related to poultry. The whole process helps in the growth of the market as well. The cattle feed market is observed to grow notably in the expected timeframe as milk producers are focusing on blending the cattle feed with the nutritional blend for healthy yields and maintaining meat quality. Increasing demand for poultry products due to increasing population is also helping the animal feed market grow. Additives Analysis The Amino Acid Segment dominated the Animal Feed Market in 2024 The low capacity of livestock to produce amino acids has led to the growth of the amino acid feed segment further leading to the growth of the animal feed market. Lysine and methionine, amino acids are highly used by the dairy sector to enhance efficiency and lower metabolic disorders. Demand for high-quality and premium meat leading to healthy animal husbandry and high-quality cattle feed also helps in the growth of the market. The antibiotics segment of the animal feed market is observed to be the fastest growing segment in the foreseen period as it helps to enhance the nutritional factor of animal feed for healthier yields. Research has proved that adding antibiotics to feed additives has helped to enhance the nutritional level of feed. Hence, it directly helps to enhance the growth of the animal feed market. The involvement of antibiotics also helps to maintain animal health and lower the chances of animals getting affected by different types of diseases. Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Additional Topics Worth Exploring: Animal Feed Phytase Market: The global animal feed phytase market is rising from USD 660.98 million in 2025 to USD 1,184.87 million by 2034. This projected expansion reflects a CAGR of 6.7% throughout the forecast period from 2025 to 2034. Animal Feed Ingredients Market: The global animal feed ingredients market size is projected to expand from USD 42.77 billion in 2025 to USD 58.79 billion by 2034, growing at a CAGR of 3.6% during the forecast period from 2025 to 2034. Animal Nutrition Chemicals Market: The global animal nutrition chemicals market size is increasing from USD 12.76 billion in 2025 to USD 19.13 billion by 2034, driven by a CAGR of 4.6% during the forecast period from 2025 to 2034. U.S. Pet Food Market: The U.S. pet food market size is projected to witness strong growth from USD 45.39 billion in 2025 to USD 66.88 billion by 2034, reflecting a CAGR of 4.4% over the forecast period from 2025 to 2034. Allulose Market: The global allulose market size is projected to expand from USD 337.43 million in 2025 to USD 714.90 million by 2034, growing at a CAGR of 8.7% during the forecast period from 2025 to 2034. Prebiotics Market: The global prebiotics market size is expected to grow from USD 11.93 billion in 2025 to USD 41.74 billion by 2034, at a CAGR of 14.93% over the forecast period from 2025 to 2034. Specialty Food Ingredients Market: The global specialty food ingredients market size is projected to witness strong growth from USD 113.01 billion in 2025 to USD 179.87 billion by 2034, reflecting a CAGR of 5.3% over the forecast period from 2025 to 2034. Animal Feed Market Key Players Alltech Cargill, Incorporated Kemin Industries, Inc. Nutreco N.V. Charoen Pokphand Foods PCL BRF S.A. Purina Animal Nutrition LLC. New Hope Group ADM Animal Nutrition Kent Nutrition Group Recent Developments in the Animal Feed Market In July 2025, Corbion successfully received approvals for the launch of algae-derived omega 3 DHA products in China. The brand aims to launch the products in China's rapidly growing animal and human nutrition markets. (Source- In March 2025, Kemin Industries, a global ingredient manufacturer, launched their new feed pathogen control solution named 'Prosidium' at VIV Asia in Bangkok's feed and animal production tradeshow. (Source- Segments Covered in the Report By Species Poultry Cattle Swine Aqua Pet By Additives Antibiotics Vitamins Antioxidants Amino Acid Feed Enzymes Feed Acidifiers Others By Region North America U.S. Canada Asia Pacific China Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Thank you for exploring our insights. For more targeted information, customized chapter-wise sections and region-specific editions such as North America, Europe, or Asia Pacific—are also available upon request For Detailed Pricing and Tailored Market Report Options, Click Here: Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Unlock expert insights, custom research, and premium support with the Towards FnB Annual Membership. For USD 495/month (billed annually), get full access to exclusive F&B market data and personalized guidance. It's your strategic edge in the food and beverage industry: About Us Towards FnB is a global consulting firm specializing in the food and beverage industry, providing innovative solutions and expert guidance to elevate businesses. With an in-depth understanding of the dynamic F&B sector, we deliver customized market analysis and strategic insights. Our team of seasoned professionals is committed to empowering clients with the knowledge needed to make informed decisions, ensuring they stay ahead of market trends. Partner with us as we redefine success in the rapidly evolving food and beverage landscape, and together, we'll navigate this transformative journey. Our Trusted Data Partners Precedence Research | Statifacts | Towards Packaging | Towards Chemical and Materials| Nova One AdvisorError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
High-Protein Food Market Size to Hit USD 117.44 Billion by 2034, Fueled by U.S. and Asia Growth
According to Towards FnB, the global high-protein food market size is calculated at USD 56.69 billion in 2025 and is projected to surpass around USD 117.44 billion by 2034, representing a healthy CAGR of 8.43% during the forecast period from 2025 to 2034. Ottawa, July 17, 2025 (GLOBE NEWSWIRE) -- The global high-protein food market size was valued at USD 52.28 billion in 2024 and is expected to grow from USD 56.69 billion in 2025 to around USD 117.44 billion by 2034, expanding at a CAGR of 8.43% from 2025 to 2034, according to study published by Towards FnB, a sister firm of Precedence Research. The high-protein food market has grown substantially in recent years due to consumer awareness about the rising importance of high-protein foods and their benefits for weight management and overall health nutrition. The increasing fad for plant-based protein food options is also helping the market to grow as it is supported by the huge consumer base formed by vegans and consumers with dairy intolerance. Access the Full Study Instantly | Download Sample Pages of the Report Now@ Market Overview The high-protein food market has grown substantially in recent years due to rising awareness among consumers about the benefits of high protein foods consumption for overall health. Consumers today prefer protein-rich food options for better weight management and to maintain general health as well. Such health conscious attitude has given rise to a high demand for protein-rich food items such as dairy products and lentils. Veganism and dairy intolerance have also led to the growth of the plant-based protein industry. Consumers with such health concerns are inclined towards plant-based protein to meet their nutritional requirements. Plant-based protein is also gaining huge popularity as people prefer to intake sustainable food options and also are aware of the health risks related to fatty dairy and meat products rich in fat and bad cholesterol. The high-protein food market is also observing growth due to factors such as rapid urbanization, improving standard of living, and consumer awareness about adequate protein intake. Hence, the food industry has also incorporated protein-rich snacks and drink options for consumers to maintain their protein intake on the go. Consumers can also find plant-based protein food and snack options for vegans and people with dairy intolerance. Such options help people to maintain their nutritional intake during busy schedules as well. Innovation in Protein Foods: Market's Largest Opportunity Innovation in high-protein foods can help the high-protein food market grow in the foreseen period. The availability of protein-rich snacks and drinks allows consumers to consume them on the go while traveling or when outdoors. It is essential for consumers who have busy schedules and are unable to maintain their protein intake by having and cooking proper meals. A significant portion of this demand comes from millennials and Gen Z, who prioritize functional nutrition and healthy snacking. According to a 2024 NielsenIQ survey, over 60% of Gen Z consumers actively seek foods with added protein, and nearly 70% of millennials report consuming protein snacks daily. Key Highlights of High-Protein Food Market By region, North America dominated the high-protein food market due to high consumer demand for plant-based protein in the region. By region, Asia Pacific is expected to be the fastest growing region due to high awareness about high-protein foods and enhancing urbanization. According to product insights, the high-protein packed foods segment dominated the market in 2024 due to the ease and convenience provided to consumers with hectic schedules. According to product insights, the high-protein drinks segment is expected to be the fastest growing as it is the easiest form of high protein consumption. By distribution channel insights, the offline segment dominated the market in 2024 due to the fad of high-protein foods for overall well-being. By distribution channel segment, the online segment is observed to be the fastest-growing segment because of the easy availability of such foods on different e-commerce platforms. Key Innovations & Instances in Production Innovation High-protein Food Market: Ready-to-drink (RTD) protein shakes and protein bars are dominating retail shelves. Brands like Premier Protein and RXBAR have seen double-digit sales growth due to rising demand for clean-label, high-protein options. Plant-based protein innovations, using pea, chickpea, and rice proteins, have expanded the market to vegan and flexitarian consumers. Companies like No Cow and Orgain are leveraging this shift. Protein-enhanced everyday foods such as pasta, chips, yogurt, and even ice cream (e.g., Halo Top) are allowing consumers to integrate more protein into their routine without changing eating habits drastically. The rise of high-protein breakfast options like Greek yogurt, protein pancakes, and fortified cereals has addressed the nutritional gap for busy mornings. Major Product Types in High-Protein Food Market: Protein-Rich Dairy Products Greek yogurt Protein-fortified milk Cheese and cottage cheese High-Protein Snacks Protein bars Trail mixes with added protein Roasted chickpeas, nuts, and seeds Ready-to-Drink (RTD) Protein Beverages Protein shakes Protein smoothies Meal replacement drinks Protein-Rich Meat & Poultry Products Jerky (beef, turkey, chicken) Processed meat with added protein Lean cuts with high protein claims Egg & Egg-Based Products Hard-boiled eggs (pre-packaged) Liquid egg whites Protein omelets and wraps High-Protein Bakery & Breakfast Items Protein muffins, pancakes, and waffles Fortified cereals and granola Protein bagels and breads Plant-Based Protein Products Tofu and tempeh Plant-based meat alternatives Lentil, pea, or chickpea-based items Gain Comprehensive Market Insights – Download the Full Databook Today: What are Latest Trends in High-Protein Food Market? Innovation in protein foods is helping the growth of the high-protein food market. Today consumers can buy protein-rich snacks, drinks, food options, and other similar options to manage their protein intake on the go even after a busy schedule. Increased muscle mass due to high protein consumption helps in strength training encouraging the growth of the high-protein food market. Protein consumption helps one to stay fuller for a longer time and avoid unhealthy snacking. Hence, it leads to the growth of high-protein snacks and beverage consumption as well. Consumption of protein also helps in multiple health benefits such as healthier bones and managing blood pressure as it helps in lowering bad cholesterol levels. Market Dynamics What are the Growth Drivers of the High-Protein Food Market? One of the biggest growth drivers of the high-protein food market is consumer awareness about the benefits of protein intake. It helps in increasing muscle mass, keeping one fuller to control unhealthy cravings, strengthen bones, and manage blood pressure. Hence, consumers today prefer the intake of protein-rich snacks and beverages rather than oily, fried, and sugary snacks. Hence, the availability of protein-rich snacks and food options easily in online and offline stores is another major driver of growth of the market. The availability of plant-based protein options helps vegans to maintain their protein even while traveling or outdoors. Plant-based protein snacks such as protein bars, chips, crisps, dips, and drinks help the segment lead the market. How Does Consumer Skepticism Cause Challenge for High-protein Food Market? A high amount of protein consumption can cause multiple health issues. High amounts of protein foods involve full-fat dairy foods and fatty cuts. Excess consumption of such foods may increase cholesterol in the body causing blood pressure issues, heart problems, and various similar health risks. Intake of more than required protein and less fibre also causes constipation and stomach disorders. Hence, such obstructions can be barriers to the growth of the high-protein food market. High-Protein Food Market Regional Analysis Which Region Dominated the High-protein Food Market in 2024? North America led the high-protein food market in 2024, consumers in the U.S. and Canada drove demand for both animal- and plant-based protein snacks, powders, and beverages. Protein-rich foods align with strong fitness-focused wellness trends and widespread innovation in clean-label product lines. This shift is also evident in consumer behavior: between 2023 and 2024, online searches for "high protein" surged 39%, demonstrating deep and rising demand for protein-rich foods What to Expect from United States in High-protein Food Market? The U.S. protein landscape is rapidly evolving with expectations for further growth. Protein-enriched dairy products, notably cottage cheese reached USD 1.75 billion in sales, rising 18% year-over-year, fueled by TikTok-led recipe trends. Overall U.S. protein consumer behavior reflects escalation: 61% of U.S. consumers increased protein intake in 2024, up from 48% in 2019. Meat proteins remain essential, but protein-fortified snacks, functional foods, and plant-alternatives are rapidly expanding, offering broad category opportunities. How are Asian Countries Expanding in High-protein Food Market? Asia Pacific is seen to grow at the fastest rate during the forecast period, with countries like India, China, and Japan leading the charge. India accounted for a substantial share in region's whey protein market, while China followed closely with a notable one supported by the booming e-commerce sector and increasing demand for fortified foods. Additionally, plant-based proteins dominate nearly 60% of the APAC market, particularly in China and Southeast Asia, due to a strong cultural inclination toward vegetarian diets and sustainability. Innovations in algae, insect-based, and microbial proteins are also gaining traction. The region's expanding fitness culture, coupled with convenient high-protein snacks and beverages, is fueling demand especially among millennials and Gen Z consumers. With government-backed nutrition initiatives and robust product development, Asia Pacific is poised to remain a key driver of growth in the high-protein food landscape. Market Report Scope Report Attribute Key Statistics Base Year 2024 Forecast Period 2025 to 2034 Growth Rate from 2025 to 2034 CAGR of 8.43% Market Size in 2024 USD 52.28 Billion Market Size in 2025 USD 56.69 Billion Market Size by 2034 USD 177.44 Billion Dominated Region North America Fastest Growing Region Asia Pacific Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Have Questions? Let's Talk—Schedule a Meeting with Our Insights Team: High-Protein Food Market Segmental Analysis Product Analysis The high-protein packed foods segment dominated the high-protein food market in 2024 due to the convenience provided by the segment to avoid cooking but still consume protein easily. Such convenient food options help consumers complete their protein intake of the day without the hassle of cooking meals. It is a boon for consumers with busy and hectic schedules. Protein-rich snacks such as protein bars, chips and crisps, dips, and protein drinks are gaining popularity due to their easy consumption and convenience to carry them easily outdoors or while traveling while ensuring health at the same time. It helps consumers to stay fuller for a longer time and avoid oily, fried, and sugary snacks. The high-protein drinks segment is observed to grow notably in the foreseen period as it is the easiest option to consume protein on the go without the hassle of cooking meals or arranging for appropriate ingredients. The segment is also helping the growth of the high-protein food market as consumers are always in search of protein-rich hydration options before and after a workout session. Protein-rich shakes and smoothie are some of the easy beverage options that help consumers maintain their protein intake of the day easily and keep a tap on their weight management options. Distribution Channel Analysis The offline segment of the high-protein food market dominated the market in 2024 through means such as gyms, convenience stores, health shops, and other similar places. It helps consumers to shop for different types of products under one roof and save time. It also allows consumers to get some professional health advice from professionals and clear any health doubts as well. The online segment of the high-protein food market expects notable growth in the expected timeframe as it is a convenient way to order high-protein foods from different e-commerce platforms. At such platforms, consumers can also get to look at some discounted product options and order the right product at the right prices. Such platforms help consumers order protein-rich foods at the convenience of sitting at home. Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Additional Topics Worth Exploring: Gluten Free Food Market: The global gluten free food market size is increasing from USD 14.25 billion in 2025 and is expected to surpass USD 33.59 billion by 2034, with a projected CAGR of 10% during the forecast period from 2025 to 2034. Canned Food Market: The global canned food market size was reached at USD 122.72 billion in 2024 and is anticipated to reach USD 181.66 billion by 2034, growing at a CAGR of 4% over the next decade. Organic Food Market: The global organic food market size is expected to grow from USD 253.96 billion in 2025 to USD 660.25 billion by 2034, with a compound annual growth rate (CAGR) of 11.20% during the forecast period from 2025 to 2034. Frozen Food Market: The global frozen food market size is expected to grow from USD 214.32 billion in 2025 to USD 347.01 billion by 2034, at a CAGR of 5.50% over the forecast period. Sugar-Free Food Market: The global sugar-free food market size is expected to grow from USD 48.14 billion in 2025 to USD 83.2 billion by 2034, growing at a CAGR of 6.27% during the forecast period from 2025 to 2034. Vegan Food Market: The global vegan food market size is anticipated to grow from USD 22.38 billion in 2025 to USD 55.88 billion by 2034, with a CAGR of 10.7% during the forecast period from 2025 to 2034. Snack Food Market: The global snack food market size is expected to increase from USD 265.95 billion in 2025 to USD 468.76 billion by 2034, growing at a CAGR of 6.50% throughout the forecast period from 2025 to 2034. Food Additives Market: The global food additives market size is on a growth trajectory, with its valuation expected to nearly double over the next decade rising from USD 128.14 billion in 2025 to USD 214.66 billion by 2034. Key players in the High-Protein Food Market Nestlé S.A. (Switzerland) Danone S.A. (France) Glanbia plc (Ireland) Archer Daniels Midland Company (ADM) (U.S.) PepsiCo, Inc. (through its brand Quaker Oats) (U.S.) Cargill, Incorporated (U.S.) Hormel Foods Corporation (U.S.) Tyson Foods, Inc. (U.S.) The Kraft Heinz Company (U.S.) Unilever PLC (U.K.) Kerry Group plc (Ireland) General Mills, Inc. (U.S.) Recent Developments in High-Protein Food Market In April 2025, India's biggest FMCG brand, Amul, launched the world's first high-protein kulfi. The low-fat, prebiotic kulfi, has no added sugar and is healthy for consumers of all age groups. (Source- In April 2025, Nestle launched its new protein drink to support weight loss for GLP-1 medication consumers. The science-backed protein drink helps manage appetite, build muscle mass, and control sugar levels. (Source- Segments Covered in the Report By Product High-Protein Packed Foods High-Protein Drinks Protein Supplements By Distribution Channel Online Offline By Region North America U.S. Canada Asia Pacific China Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Thank you for exploring our insights. For more targeted information, customized chapter-wise sections and region-specific editions such as North America, Europe, or Asia Pacific—are also available upon request For Detailed Pricing and Tailored Market Report Options, Click Here: Feel Free to Get in Touch with Us for Orders or Any Questions at: sales@ Unlock expert insights, custom research, and premium support with the Towards FnB Annual Membership. For USD 495/month (billed annually), get full access to exclusive F&B market data and personalized guidance. 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