According to a Research Report Published by Spherical Insights & Consulting, The Global Plasma Feed Market Size Expected to Grow from USD 2.58 Billion in 2023 to USD 4.41 Billion by 2033, at a CAGR of 5.51% during the forecast period 2023-2033.

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Plasma feed is an element in animal feed, primarily for pets and livestock. It is a processed animal blood product that contains plasma proteins. Phosphate, vitamin B12, calcium, salt, potassium, chloride, and magnesium are all present in significant concentrations in plasma feed. It has been shown to perform better than other protein sources like skim milk and includes important amino acids. Animal-derived plasma proteins are the primary component of feed products that make up plasma feed. Furthermore, the market for plasma feed is heavily impacted by the rising demand for premium animal protein, which is the main factor influencing industry dynamics. As the world’s population increases and income rises, so does the consumption of meat and other goods generated from animals. The animal feed business is under pressure to innovate and adapt as a result of the increased demand for livestock production. However, growth in the global plasma feed market is anticipated to be hampered by a rigorous global regulatory framework for animal-based protein in ruminant feed, as well as uncertainty surrounding the recognition of blood-based products for livestock feed.

Browse key industry insights spread across 188 pages with 120 Market data tables and figures & charts from the report on the Global Plasma Feed Market Size, Share, and COVID-19 Impact Analysis, By Source (Bovine, Porcine, and Others), By Application (Pet Food, Aquafeed, Swine Food, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The porcine segment is estimated to hold the highest share of the global plasma feed market during the forecast period.

Based on the source, the global plasma feed market is segmented into bovine, porcine, and others. Among these, the porcine segment is estimated to hold the largest share of the global plasma feed market during the forecast period. Easy-to-digest proteins and amino acids, as well as substantial amounts of functional bioactive substances like immunoglobulins, transferrin, growth factors, peptides, and other physiologically active components, are all present in porcine plasma, a feed element. A porcine blood meal is widely used in chicken and pig feed and offers many health advantages for animals.

The pet food segment is anticipated to hold a significant share of the global plasma feed market during the forecast period.

Based on the application, the global plasma feed market is segmented into pet food, aquafeed, swine food, and others. Among these, the pet food segment is anticipated to hold a significant share of the global plasma feed market during the forecast period. Pets’ protein needs are well met by plasma feed. An organic, eco-friendly, and efficient pet food source is plasma feed. By highlighting its superior nutritional value, palatability, and digestibility, plasma feed solidifies its place as a crucial ingredient in high-quality pet food formulations.

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Asia Pacific is expected to grow at the fastest CAGR in the plasma feed market over the projected timeframe.

Asia Pacific is expected to grow at the fastest CAGR in the plasma feed market over the projected timeframe. Many elements supporting regional growth may be responsible for this dominant position. The most obvious of them is the rise in meat consumption, which is being fueled by rising disposable money and a quickly growing population. The demand for animal feed, particularly plasma feed as a vital source of protein, rises as more Asian consumers embrace meat-centric eating habits.

North America is estimated to grow at the fastest pace in the global plasma feed market during the forecast period. The combination of factors driving demand and answers to present problems makes North America a stimulating market for plasma feed with great development prospects. With a growing population and rising incomes driving greater meat consumption and requiring higher volumes of animal feed, including protein sources like plasma, the region mirrored global trends.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Global Plasma Feed Market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the Global Plasma Feed Market are Darling Ingredients Inc., Kraeber & Co. GmbH, Lauridsen Group Inc., Lican Food, Lihme Protein Solutions, Puretein Agri LLC, Rocky Mountain Biologicals, Veos Group, Eccofeed LLC, Feedworks Pty Ltd., SARIA Group, Sera Scandia A/S, Daka Denmark AS, Nutreco NV, and Other.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development 

• In May 2022, Darling Ingredients Inc., a US-based distributor of natural, sustainable ingredients, purchased Valley Proteins for an undisclosed sum. With this transaction, Darling Ingredients Inc. wants to bolster its business and supply more feedstock with lower carbon intensity. Valley Proteins is a US-based company that supplies pet food ingredients, including plasma feed, and animal feed.
• In January 2021, a new range of blood protein supplements for farmed diets has been announced by APC Inc. The new products, which are intended to improve fish development, health, and disease resistance, greatly broaden APC’s selection of plasma feed.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global plasma feed market based on the below-mentioned segments:

By Source

• Bovine
• Porcine
• Others

By Application

• Pet Food
• Aquafeed
• Swine Food
• Others

By Regional 

• North America 
  • US
  • Canada
  • Mexico
• Europe 
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific 
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America 
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa 
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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