Global Blood Meal Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Source;

Porcine Blood, Poultry Blood and Ruminant Blood.

By Application;

Poultry Feed, Porcine Feed, Ruminant Feed, Aqua Feed, Natural Pest Deterrent and Organic Fertilizer.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn893680609 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Blood Meal Market (USD Million), 2020 - 2030

In the year 2023, the Global Blood Meal Market was valued at USD 2,359.43 million. The size of this market is expected to increase to USD 3,030.39 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.

The global blood meal market has experienced notable growth in recent years, primarily driven by escalating demand for animal proteins. This surge in demand for meat products has led to increased availability of blood meal products in the market. Blood meal, derived from dried animal blood collected post-slaughter, is processed into a powder form. It boasts various nutrients, including nitrogen content (13.25%), phosphorous (1%), and potassium (0.6%), making it a valuable organic fertilizer and livestock dietary supplemFent.

In agricultural practices, blood meal serves as a soil nitrogen amendment, essential for promoting plant growth and productivity. Its application enhances soil nitrogen levels, providing plants with the energy needed for robust growth and yield production. Moreover, the distinct odor of blood meal serves as a natural deterrent to certain animals like squirrels, deer, and moles, helping to safeguard crops from destruction. When combined with other compost materials such as dried leaves, paper, or straw, blood meal ensures a balanced nutrient supply to the soil, further optimizing plant health and vitality.

For organic farmers committed to sustainable agricultural practices, blood meal emerges as a preferred natural fertilizer option. Its organic nature aligns with the principles of organic farming, offering a cost-effective alternative to synthetic fertilizers and pesticides. Additionally, blood meal's rich nitrogen content replenishes soil nutrients, supporting healthy plant growth without compromising environmental integrity. Furthermore, blood meal finds application as a protein supplement for fish, poultry, and pets, providing essential vitamins, minerals, and amino acids crucial for their well-being.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Blood Meal Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Animal Proteins
        2. Growing Availability of Blood Meal Products
        3. Versatile Applications
        4. Nutrient-Rich Composition
        5. Diversified Applications
      2. Restraints
        1. Regulatory Constraints
        2. Health Concerns
        3. Alternative Fertilizers
        4. Environmental Impact
        5. Odor and Pest Attraction
      3. Opportunities
        1. Expanding Application in Agriculture
        2. Growing Awareness of Organic Farming
        3. Rising Preference for Sustainable Agriculture
        4. Technological Advancements
        5. Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Blood Meal Market, By Source, 2022 - 2032 (USD Million)
      1. Porcine Blood
      2. Poultry Blood
      3. Ruminant Blood
    2. Global Blood Meal Market, By Application, 2022 - 2032 (USD Million)
      1. Poultry Feed
      2. Porcine Feed
      3. Ruminant Feed
      4. Aqua Feed
      5. Natural Pest Deterrent
      6. Organic Fertilizer
    3. Global Blood Meal Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Boyer Valley Company, LLC.
      2. The Fetrell Company
      3. Terramar Chile
      4. Darling Ingredients
      5. West Coast Reduction Ltd
      6. Agro-industrial Complex Backa Topola LTD
      7. Valley Proteins Inc.
      8. Sanimax
      9. Allanasons Pvt Ltd
  7. Analyst Views
  8. Future Outlook of the Market

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