Market Overview:
The global animal component free supplement market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for animal component free supplements from the pharmaceutical industry, dietary supplement industry, and other end-user industries. In terms of type, the solid segment is expected to dominate the global animal component free supplement market during the forecast period. This can be attributed to factors such as ease of handling and storage, longer shelf life, and lower price point as compared to liquid supplements.
Product Definition:
Animal Component Free Supplement is a dietary supplement that does not contain any animal-based ingredients. This type of supplement can be important for people who have allergies or sensitivities to animal products, or who follow a vegan lifestyle.
Solid:
Solid is a natural animal component free supplement. It contains vitamins, minerals and plant extracts that are used to strengthen the immune system of animals. Solid has been proven to be more effective than gels or liquids in delivering nutrients as it stays where you want it - on the shelf and in the pouch.
The solid form of feed supplements is easy to use for both - pet owners and veterinary professionals which makes this product very popular among them all.
Liquid:
Liquid is a dietary supplement that claims to enhance performance and help in building endurance. It also helps in increasing muscle mass, strength, and power. The product contains amino acids, vitamins, minerals like calcium & magnesium among others which are essential for the body to function normally.
The market for liquid animal component free supplements is growing at a steady pace owing to rising health consciousness amongst consumers across the globe coupled with increasing disposable income of individuals especially in developed countries such as U.S.
Application Insights:
The others application segment includes pet food industry, human nutrition and healthcare industries. The pharmaceutical industry is expected to be the fastest-growing application over the forecast period owing to an increase in chronic diseases such as cardiovascular diseases, cancer and diabetes which are increasing at a alarming rate globally. This has led to increased demand for nutritional supplements for patients suffering from these chronic conditions.
Dietary supplement industry is one of the booming industries due to consumer awareness regarding their health condition and rising geriatric population across the globe. Rising disposable income coupled with changing lifestyle have created a positive impact on this market growth in recent years.
Regional Analysis:
North America dominated the global animal component free supplement market in 2017. The region is expected to maintain its position during the forecast period. Increasing awareness regarding health and fitness, rising prevalence of obesity and related disorders, growing preference for sports & fitness products among youth population are some of the key factors driving growth in this region. In addition, presence of a large number of major players coupled with high spending capacity for animal-based ingredients is also expected to drive demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing awareness about nutritional enrichment among consumers from emerging economies such as China and India which has resulted into increased adoption across industries including dietary supplements and pharmaceuticals sector resulting into higher revenue share by 2030 in comparison with North America and Europe regions respectively.
Growth Factors:
- Increasing demand for vegan and vegetarian diets
- Rising awareness about the health benefits of animal-free supplements
- Growing number of online retailers selling animal-free supplements
- Proliferation of social media platforms promoting veganism and vegetarianism
- Increased investment in research and development of animal-free supplements
Scope Of The Report
Report Attributes
Report Details
Report Title
Animal Component Free Supplement Market Research Report
By Type
Solid, Liquid
By Application
Pharmaceutical Industry, Dietary Supplement Industry, Others
By Companies
STEMCELL Technologies, Kerry Group, Xell AG, InVitria, ScienCell Research Laboratories, HiMedia Laboratories, ZenBio, Biological Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Animal Component Free Supplement Market Report Segments:
The global Animal Component Free Supplement market is segmented on the basis of:
Types
Solid, Liquid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Industry, Dietary Supplement Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- STEMCELL Technologies
- Kerry Group
- Xell AG
- InVitria
- ScienCell Research Laboratories
- HiMedia Laboratories
- ZenBio
- Biological Industries
Highlights of The Animal Component Free Supplement Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid
- Liquid
- By Application:
- Pharmaceutical Industry
- Dietary Supplement Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Animal Component Free Supplement Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Animal component free supplements are products that do not contain any animal-derived ingredients. This can include ingredients like meat, dairy, or eggs.
Some of the major players in the animal component free supplement market are STEMCELL Technologies, Kerry Group, Xell AG, InVitria, ScienCell Research Laboratories, HiMedia Laboratories, ZenBio, Biological Industries.
The animal component free supplement market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Animal Component Free Supplement Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Animal Component Free Supplement Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Animal Component Free Supplement Market - Supply Chain
4.5. Global Animal Component Free Supplement Market Forecast
4.5.1. Animal Component Free Supplement Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Animal Component Free Supplement Market Size (000 Units) and Y-o-Y Growth
4.5.3. Animal Component Free Supplement Market Absolute $ Opportunity
5. Global Animal Component Free Supplement Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Animal Component Free Supplement Market Size and Volume Forecast by Type
5.3.1. Solid
5.3.2. Liquid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Animal Component Free Supplement Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Animal Component Free Supplement Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical Industry
6.3.2. Dietary Supplement Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Animal Component Free Supplement Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Animal Component Free Supplement Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Animal Component Free Supplement Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Animal Component Free Supplement Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Animal Component Free Supplement Demand Share Forecast, 2019-2026
9. North America Animal Component Free Supplement Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Animal Component Free Supplement Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Animal Component Free Supplement Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical Industry
9.4.2. Dietary Supplement Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Animal Component Free Supplement Market Size and Volume Forecast by Type
9.7.1. Solid
9.7.2. Liquid
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Animal Component Free Supplement Demand Share Forecast, 2019-2026
10. Latin America Animal Component Free Supplement Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Animal Component Free Supplement Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Animal Component Free Supplement Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical Industry
10.4.2. Dietary Supplement Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Animal Component Free Supplement Market Size and Volume Forecast by Type
10.7.1. Solid
10.7.2. Liquid
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Animal Component Free Supplement Demand Share Forecast, 2019-2026
11. Europe Animal Component Free Supplement Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Animal Component Free Supplement Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Animal Component Free Supplement Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical Industry
11.4.2. Dietary Supplement Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Animal Component Free Supplement Market Size and Volume Forecast by Type
11.7.1. Solid
11.7.2. Liquid
11.8. BasisPoint Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Animal Component Free Supplement Demand Share, 2019-2026
12. Asia Pacific Animal Component Free Supplement Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Animal Component Free Supplement Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Animal Component Free Supplement Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical Industry
12.4.2. Dietary Supplement Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Animal Component Free Supplement Market Size and Volume Forecast by Type
12.7.1. Solid
12.7.2. Liquid
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Animal Component Free Supplement Demand Share, 2019-2026
13. Middle East & Africa Animal Component Free Supplement Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Animal Component Free Supplement Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Animal Component Free Supplement Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical Industry
13.4.2. Dietary Supplement Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Animal Component Free Supplement Market Size and Volume Forecast by Type
13.7.1. Solid
13.7.2. Liquid
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Animal Component Free Supplement Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Animal Component Free Supplement Market: Market Share Analysis
14.2. Animal Component Free Supplement Distributors and Customers
14.3. Animal Component Free Supplement Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. STEMCELL Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kerry Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Xell AG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. InVitria
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ScienCell Research Laboratories
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HiMedia Laboratories
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ZenBio
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Biological Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
