Global Porcine Plasma Feed Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Application;

Swine Feed, Pet Food, Aquafeed, and Others.

By End-User;

Farmers, Farming Organizations, Feed Additive Companies, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn063429197 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Porcine Plasma Feed Market (USD Million), 2020 - 2030

In the year 2023, the Global Porcine Plasma Feed Market was valued at USD 1,207.90 million. The size of this market is expected to increase to USD 1,816.23 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The Global Porcine Plasma Feed Market involves the production and distribution of feed additives derived from porcine plasma, sourced from pig blood, to enhance animal nutrition, particularly in the swine industry. These feed products contain essential amino acids, vitamins, minerals, and bioactive compounds crucial for the growth and development of livestock. The market is characterized by a few major competitors who dominate the global landscape, focusing on producing high-quality and sustainable feed additives to meet the nutritional needs of livestock. Additionally, rising concerns about environmental sustainability and animal welfare have led to increased adoption of porcine plasma feed as a preferred choice among feed manufacturers and livestock producers worldwide.

The plasma feed market is experiencing significant growth globally, driven primarily by the increasing demand for alternative protein sources in the feed industry. As concerns regarding sustainability and environmental impact continue to rise, there is a growing emphasis on finding alternative protein sources that can effectively replace conventional ingredients like soybean meal and fishmeal. Plasma feed, derived from animal plasma, has emerged as a viable solution to meet this demand, as it offers high protein content and nutritional value, making it an attractive option for feed manufacturers.

In the porcine plasma feed industry, market concentration is notably high, with a few major competitors controlling a significant portion of the market share on a global scale. This concentration can be attributed to various factors, including economies of scale, established distribution networks, and proprietary technologies. As a result, these key players wield considerable influence over market dynamics, including pricing strategies, product innovation, and market expansion initiatives. However, the high level of concentration also presents opportunities for smaller players to differentiate themselves through niche product offerings and specialized services.

The global demand for sustainable feed additives is driving the expansion of the plasma feed market in the long run. With growing concerns about the environmental impact of conventional feed ingredients, there is a rising preference for feed additives that are derived from sustainable and ethically sourced materials. Plasma feed, being an animal-based protein source, aligns well with this trend, as it is produced from animal by-products that would otherwise go to waste. Additionally, the robust demand for animal-based protein sources, particularly in emerging markets with increasing meat consumption, further fuels the growth of the plasma feed market. Overall, the combination of rising demand for sustainable feed additives and the appeal of animal-based protein sources is expected to drive continued growth and expansion in the plasma feed market globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End-User
    3. Market Snapshot, By Region
  4. Global Porcine Plasma Feed Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Animal-Based Protein Sources
        2. Shift Towards Sustainable Feed Ingredients
        3. Replacement of Antibiotics in Feed Formulations
        4. Growing Awareness of Animal Welfare and Food Safety
        5. Technological Advancements in Feed Manufacturing
      2. Restraints
        1. Regulatory Constraints
        2. Ethical and Environmental Concerns
        3. Availability and Cost
        4. Risk of Disease Transmission
      3. Opportunities
        1. Increasing Demand for Antibiotic Alternatives
        2. Expansion of Livestock Industries
        3. Focus on Animal Health and Welfare
        4. Technological Advancements in Feed Formulations
      4. PEST Analysis
        1. Political Analysis
        2. Economic Analysis
        3. Social Analysis
        4. Technological Analysis
      5. 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 Porcine Plasma Feed Market, By Application, 2022 - 2032 (USD Million)
      1. Swine Feed
      2. Pet Food
      3. Aquafeed
      4. Others
    2. Global Porcine Plasma Feed Market, By End-User, 2022 - 2032 (USD Million)
      1. Farmers
      2. Farming Organizations
      3. Feed Additive Companies
      4. Others
    3. Global Porcine Plasma Feed 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. Daka Denmark A/S
      2. Darling Ingredients Inc.
      3. APC, Inc.
      4. Kraeber & Co GmbH
      5. SERA SCANDIA A/S
      6. Lican Food
      7. PURETEIN AGRI LLC
      8. Veos NV
      9. Rocky Mountain Biologicals
      10. Lihme Protein Solutions
      11. EccoFeed LLC.
      12. Feedworks Pty Ltd.
  7. Analyst Views
  8. Future Outlook of the Market

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