The global Plasma Feed market reached a value of about USD 2.65 billion in 2021. The industry is projected to grow at a CAGR of around 5.9% in the forecast period of 2022-2027 to reach a value of about USD 3.73 billion by 2027.
The global Plasma Feed industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The growing demand for livestock is primarily driving the industry's expansion. The Asia Pacific is the highest category spender by region that is driving the need for the Plasma Feed industry.
The term plasma feed refers to feed items that contain animal-derived plasma proteins as an ingredient. Vitamin phosphorus, vitamin B12, calcium, salt, potassium, chloride, and magnesium are just a few critical minerals and vitamins abundant in plasma feed. Additionally, it is a good supplier of necessary amino acids. The Plasma Feed industry report comprises segments by Source (Porcine, Bovine, Others), Application (Swine Feed, Pet Food, Aquafeed, Others), and Region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
The Asia Pacific holds the largest share in the region due to the rising demand for livestock products in the region. The region's total meat food industry has been driven by the region's constantly increasing economy, which has also been strengthening the plasma feed business, thus resulting in increased demand.
The market is being propelled by the increased demand for premium pet food. The growing shift in people's propensity to consider animals as part of the family results in high demand for higher-quality pet food. Using natural and bioactive components is increasingly popular in the pet food industry, furthering the market growth. In addition, a natural and sustainable source of pet food is plasma protein. Due to its capacity to bind water, exhibit emulsifying properties, and be palatable, it offers several advantages throughout the production process, stimulating demand for plasma feed among manufacturers, which is likely to create new market opportunities.
The global Plasma Feed industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Plasma Feed regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
These animals' blood is drawn at the slaughterhouse, anticoagulated, frozen, and transferred to industrial facilities where it is centrifuged to separate the plasma portion from the red blood cells. To turn plasma into powder, it is then concentrated, and spray dried at high temperatures (80 °C throughout its composition).
The industry is being aided by the product demand in food applications increased by the expanding food and beverage sector and the quickly rising demand for healthy processed food items. Other factors such as evolving dietary trends, urbanisation, and economic expansion further boost the market's potential. In addition, in pharmaceutical applications, such as tablet formulations, the spray-dried animal plasma is employed as a binder, further bolstering the market demand. Also, strict government rules and low-standard livestock production techniques are both crucial factors resulting in the market's expansion.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
The market for plasma powder is crowded with competitors. Companies are generally involved in company expansion tactics, including increasing manufacturing capacity, mergers, and acquisitions. To strengthen their market positions and increase their competitive advantage, these businesses use measures including new product launches and acquisitions. The market for plasma feed is still at a very early stage, which has led to the sector's consolidation. Additionally, the business is heavily regulated in a few developed nations, making it challenging for new competitors to enter the market.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Plasma Feed Market Analysis
8.1 Key Industry Highlights
8.2 Global Plasma Feed Historical Market (2017-2021)
8.3 Global Plasma Feed Market Forecast (2022-2027)
8.4 Global Plasma Feed Market by Source
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
8.5 Global Plasma Feed Market by Application
8.5.1 Swine Feed
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
8.5.2 Pet Food
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
8.6 Global Plasma Feed Market by Region
8.6.1 Market Share
188.8.131.52 North America
184.108.40.206 Asia Pacific
220.127.116.11 Latin America
18.104.22.168 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
22.214.171.124 United States of America
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
126.96.36.199 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Daka Denmark A/S
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.2 Darling Ingredients Inc
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.3 Lauridsen Group Inc.
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.4 Kraeber & Co GmbH
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.5 Sera Scandia A/S
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.6 Puretein Agri LLC
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.7 Veos Group
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.8 Rocky Mountain Biologicals
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.9 Lihme Protein Solutions
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.3 Plant Machinery
2.4 Cost of Raw Material
2.9 Other Capital Investment
The global Plasma Feed market size was valued at USD 2.65 billion in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 5.9%.
The significant demand for alternative protein sources is one of the essential drivers of the Plasma Feed market growth.
SARIA Group (Daka Denmark A/S), Darling Ingredients Inc., Lauridsen Group Inc., Kraeber & Co GmbH, Sera Scandia A/S, Puretein Agri LLC, Veos Group, Rocky Mountain Biologicals, Lihme Protein Solutions, and others are some of the major players in the market.
The Asia Pacific region of the Plasma Feed industry holds a significant share in the market.
The global Plasma Feed market attained a value of USD 2.65 billion in 2021, driven by the increased demand for premium pet food. Aided by the product demand in food applications increased by the expanding food and beverage sector and pharmaceutical applications, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 5.9%. The market is projected to reach USD 3.73 billion by 2027. Some of the leading players in the industry are SARIA Group (Daka Denmark A/S), Darling Ingredients Inc., Lauridsen Group Inc., Kraeber & Co GmbH, Sera Scandia A/S, Puretein Agri LLC, Veos Group, Rocky Mountain Biologicals, Lihme Protein Solutions, Others.
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