Plasma Feed Market – Global Industry Analysis and Forecast (2024-2030)

Global Plasma Feed Market was valued at USD 2.71 Bn in 2023 and is expected to reach at USD 4.11 Bn by 2030 at a CAGR of 6.1 % over the forecast period 2024-2030.
Plasma Feed Market Overview
Plasma feed is a feed product that involves animal-derived plasma proteins as the feed ingredient. Plasma, as an animal feed ingredient, is easily digestible and offers high quality protein. It mainly contains essential plasma proteins, including globulins and albumin. Various factors such as increasing demand for plasma feed as a replacement for antibiotics, growing demand from the aquafeed industry, growth in demand for high-quality pet food, support from sustainability initiatives across feed, livestock, and food industries, increase in demand for meat products in developing countries and growth in feed production are driving the market growth over the forecast period. Blood Plasma Feed Additives Market is an effective replacement for antimicrobials added in the feed, especially piglet feed. An increasing consumer spending on pet food, especially in the developed nations such as China, India, Japan and South Korea is expected to create lucrative opportunities for plasma feed market.To know about the Research Methodology :- Request Free Sample Report
Plasma Feed Market Dynamics
Growing Demand for High-Quality Animal Nutrition and Increasing Use in Pet Food

The growing demand for high-quality animal nutrition and its increasing use in pet food can be attributed to several factors that have significantly impacted the Animal Nutrition with Plasma Feed Market. Pet owners are becoming more conscious of their pets' health and well-being, leading to a higher demand for premium and specialized pet food products. This shift in consumer preferences is driving the pet food industry to focus on providing high-quality, nutritionally balanced diets for pets. The awareness about the importance of proper nutrition in enhancing animal health and longevity has grown among pet owners and livestock farmers alike. As a result, there is a rising demand for Animal Nutrition products that offer specific health benefits, address dietary deficiencies, and promote overall animal welfare. High-quality animal nutrition not only improves the health and immune system of animals but also enhances their productivity, whether they are pets, livestock, or poultry.

Research and development in the field of animal nutrition have led to the formulation of advanced and specialized products tailored to meet the unique dietary requirements of different animal species. This innovation has opened up new avenues for the industry, allowing manufacturers to create a wide range of products, including functional additives, dietary supplements, and specialty ingredients. These products are designed to improve digestion, enhance growth rates, and optimize feed conversion ratios, thereby increasing the overall efficiency of animal farming operations. In the industrial context, the Animal Nutrition with Plasma Feed Market has experienced substantial growth due to the rising demand for high-quality products.

Key players in the industry include multinational corporations, regional manufacturers, and research institutions. These companies invest significantly in research and development to create innovative products that cater to the evolving needs of consumers. The industry also relies on advancements in technology, such as precision nutrition and feed formulation software, to create customized and scientifically optimized diets for various animal species. Additionally, the pet food sector has witnessed a surge in premium and specialized products, catering to specific dietary requirements of pets, including hypoallergenic, grain-free, and organic options. This trend has led to collaborations between pet food manufacturers and nutritionists, veterinarians, and animal health experts, ensuring the production of high-quality and nutritionally balanced pet food products.
Plasma Feed Market Restraint
The plasma feed market faces multiple challenges, including reluctance among some consumers to use blood-based products due to concerns about disease transmission and the perceived unappealing nature of such products. Plasma feed, derived from blood plasma, carries a risk of transmitting various pathogens and contaminants if not properly processed and treated. Despite stringent quality control measures, there is always a possibility of contamination, leading to concerns among consumers and regulatory authorities. Disease outbreaks in livestock due to contaminated plasma feed can result in significant economic losses for farmers and the industry as a whole. Consequently, ensuring the safety and biosecurity of plasma-derived products remains a challenge, requiring continuous investment in research, testing, and quality assurance protocols to mitigate the risks associated with disease transmission and maintain consumer confidence in plasma feed products.

Additionally, high investment requirements for refining technology pose barriers for new market entrants and limit plasma feed supply. Stringent global regulations on animal-based proteins in ruminant feed, driven by fears of diseases like mad cow disease, restricts demand in certain markets. Disease outbreaks resulting from subpar livestock production practices further impact plasma feed demand, as it is commonly used to prevent and treat animal diseases. Despite these obstacles, the Blood Plasma-derived Feed Ingredients Market is anticipated to grow due to rising demand for high-quality animal nutrition and increased usage of plasma feed in pet food. However, potential challenges also stem from competition with cheaper high-protein alternatives, shifting consumer preferences away from animal products, and economic downturns, which could lead to decreased demand for plasma feed.
Plasma Feed Market Regional Analysis
North America emerged as the leader in the global plasma feed market, capturing xx% of the market share in 2023, and it is anticipated to maintain its dominant position during the forecast period. Within North America, the United States stands out as the major market, constituting nearly 81.34% of the regional market share. The consumption of Animal Nutrition with the Plasma Feed Market, Poultry Nutrition with the Plasma Feed Market, and veal is prevalent in North America.

Furthermore, the region's market growth is fueled by factors such as robust demand for organic meat, the expansion of sustainable feed supply for pet food and aquafeed manufacturing, and the increasing adoption of plasma feed in poultry nutrition and animal nutrition sectors. North America is followed by APAC and Europe. APAC is expected to hold xx% of the market share over the forecast period. Increasing demand for pork in the region, a rise in the consumption of beef in China, and the growing shift of consumers toward high meat consumption in various countries of Asia Pacific are expected to increase the number of slaughters, which is expected to improve the market supply need for plasma feed manufacturers.
Plasma Feed Market Segment Analysis
Based on Source, the plasma feed market is categorized into porcine, bovine, and others which are sheep, goat, and poultry. Porcine plasma feed dominated the market in 2023 and is expected to keep its dominance over the forecast period. Porcine plasma (SDPP) is a feed ingredient with highly digestible proteins and amino acids, and significant concentrations of functional bioactive components including immunoglobulins, transferrin, growth factors, peptides, and other biologically active components. Porcine blood meal offers various health benefits to animals and is used significantly in poultry and porcine feed.

Based on Application, The plasma feed market segment includes pet food aquafeed, swine feed, and others. The pet food category holds a significant share of the market in 2023 and is expected to maintain its dominance during the forecast period. The inclination of people to humanize pets and treat them like family members has resulted in a strong demand for better quality pet food has resulted in the increasing acceptance of plasma feed in pet food.

As pet owners increasingly prioritize the health and well-being of their furry companions, the demand for premium and specialized pet food products has soared. Additionally, collaborations between pet food manufacturers, nutritionists, veterinarians, and animal health experts have led to the development of specialized pet food items, including hypoallergenic, grain-free, and organic options. Furthermore, the rising popularity of aquaculture has also played a significant role in driving market growth, with the Aquaculture Feed with Blood Plasma Market and Plasma-based Animal Health Supplements Market, Bovine Blood Plasma Feed Additives Market, Blood Plasma-derived Feed Ingredients Market witnessing increased demand. These factors, coupled with the industry's focus on innovation, research-driven product development, and advancements in technology, have positioned the Pet Food segment as the leading force in the Animal Nutrition with Plasma Feed market, catering to the evolving needs of consumers and their beloved pets.

The report covers an in-depth analysis of key development, marketing strategies, value chain, supply chain, and company profiles of market leaders, potential players, and new entrants. These Key players operating in this market are adopting various organic and inorganic growth strategies such as mergers & and acquisitions, collaborations, strategic alliances, expansion, joint ventures, new product launches, patents, and diversification to increase regional presence and business operations. Darling Ingredients Inc. is leading the global plasma feed market.

Darling Ingredients Inc. is a global developer and producer of sustainable plasma feed from edible and inedible bio-nutrients, creating a wide range of ingredients and customized specialty solutions for customers in the pharmaceutical, nutraceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries. With operations on five continents, the Company collects and transforms all aspects of plasma by-product streams into useable and specialty ingredients, such as Swine feed, Pet food, Aquafeed, Poultry, and ruminant feed. In addition, the Company provides environmental services, such as grease trap collection and disposal services to food service establishments and disposal services for waste solids from the wastewater treatment systems of industrial food processing plants and Blood Plasma Feed Additives Market. The Company sells its products domestically and internationally and operates within three industry segments Feed Ingredients, Food Ingredients, and Fuel Ingredients.

The objective of the report is to present a comprehensive analysis of the Global Plasma Feed Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, and PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report.

External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Plasma Feed Market dynamics, and structure by analysing the market segments and project Global Plasma Feed Market. Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Plasma Feed Market make the report an investor’s guide.
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Plasma Feed Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 2.71 Bn.


Forecast Period 2024 to 2030 CAGR:
6.1%
Market Size in 2030:
US $ 4.11 Bn.


 Segments Covered:
by Source
Porcine
Bovine
Others


by Application
Swine feed
Pet food
Aquafeed
Others



Plasma Feed Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
South America - (Brazil, Argentina Rest of South America)
Plasma Feed Market Key Players are:
1. Darling Ingredients Inc. (US)
2. The Lauridsen Group Inc. (US)
3. SARIA Group (Germany)
4. Sera Scandia (Denmark)
5. Lican Food (Chile)
6. Puretein Agri LLC. (US)
7. Veos Group (Belgium)
8. Kraeber & Co Gmbh (Germany)
9. Rocky Mountain Biologicals (US)
10. Lihme Protein Solutions (Denmark)
11. EcooFeed LLC (US)
12. FeedWorks (Australia)
13. Veos Group
14. Daka Denmark A/S
15. APC, Inc.
16. ACTIPRO
17. Sonac
18. The Lauridsen Group Inc.
19. Kraeber & Co Gmbh.

Frequently Asked Questions:

1. Which region has the largest share in the Global Plasma Feed Market?
Ans: North America region held the largest Plasma Feed Market share in 2023.

2. What is the growth rate of the Global Plasma Feed Market?
Ans: The Global Plasma Feed Market is growing at a CAGR of 6.1% during the forecasting period 2024-2030.

3. What is scope of the Global Plasma Feed market report?
Ans: Global Plasma Feed Market report helps with the PESTEL, PORTER, and COVID-19 Impact analysis, Recommendations for Investors and leaders, and market estimation of the forecast period.

4. Who are the key players in Global Plasma Feed market?
Ans: The important key players in the Global Plasma Feed Market are – Darling Ingredients Inc., The Lauridsen Group Inc. (US), SARIA Group (Germany), Sera Scandia (Denmark), Lican Food (Chile), Puretein Agri LLC. (US), Veos Group (Belgium), Kraeber & Co Gmbh (Germany), Rocky Mountain Biologicals (US), Lihme Protein Solutions (Denmark), EcooFeed LLC (US), FeedWorks (Australia), Veos Group, Daka Denmark A/S, APC, Inc., ACTIPRO, Sonac, The Lauridsen Group Inc., and Kraeber & Co Gmbh

5. What is the study period of this market?
Ans: The Global Plasma Feed Market is studied from 2018 to 2030.