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Plasma Feed Market Research Report 2024

Plasma Feed Market Global Industry Analysis and Forecast (2024-2032) By Source (Bovine, Porcine), Application (Aquafeed, Swine Feed, Pet Food, Poultry Feed), Distribution Channel (Direct Sales, Distributors and Wholesalers, Online Retail), And Region

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Report ID: 262

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Plasma Feed Market Synopsis

Plasma Feed Market Size Was Valued at USD 2799.77 Million in 2023 and is Projected to Reach USD 4762.38 Million by 2032, Growing at a CAGR of 6.08% From 2024-2032.

Plasma feed refers to a specialized type of feed that incorporates plasma proteins or plasma-derived products. This plasma is obtained from animal blood through a process called plasma fractionation. Plasma feed is commonly used as an animal feed additive in the livestock and aquaculture industries for providing nutritional benefits and functional properties. 

  • Plasma feed has been shown to promote improved growth performance, feed intake, and feed conversion efficiency in various livestock species including pigs, poultry, and ruminants when added in animal feed.
  • It also reduces the risks of various animal health challenges, such as diarrhea, respiratory diseases, and enteric infections. The immunoglobulins and other bioactive components of plasma feed improve the immune system response in young animals.
  • Plasma feed is a cost-effective way of improving animal performance and health with reducing the instances of antibiotic usage making it beneficial for livestock farmers and producers.
  • Its high protein content and bioactive components contribute to improved growth performance, feed utilization, gut health, and disease resistance in various fish species. Plasma feed can play can help to increase animal productivity and reduce nutrient wastage.

Top Active Players Involved Are:

“Cargill Inc (USA), Darling Ingredients Inc (USA), Veos Group (Netherlands), Kraeber Co Gmbh (Germany), Lauridsen Group Inc (USA), BASF SE (Germany), EccoFeed LLC (USA), Land O Lakes Purina (USA), Lican Food (Chile), Nutreco (Netherlands), ADM (USA), Archer Daniels Midland Company (USA), Charoen Pokphand Foods (Thailand), Feedworks Pty. Ltd. (Australia), Puretein Agri LLC (USA), Rocky Mountain Biologicals (USA), SARIA Group (Germany), Daka Denmark A/S (Denmark), FASA Group (Brazil), Valley Proteins, Inc. (U.S.), West Coast Reduction Ltd. (U.S.), Allanasons Pvt Ltd (India), Sera-Scandia A/S (Denmark), Apcproteins (U.S.), Lihme Protein Solutions (Denmark), and Other Active Players.”

Plasma Feed Market Trend Analysis

Rising Demand for High-Quality Animal Protein

  • Plasma feed offers several benefits to animal nutrition with its rich protein content and bioactive components. It improves feed palatability, enhances nutrient absorption, supports immune function, and promotes overall animal health and growth which leads to improved feed conversion rates, higher productivity, and better quality end products.
  • With the world population steadily growing, there is a higher demand for protein-rich foods such as meat, milk, eggs, and seafood which drives the need for efficient and sustainable protein sources for livestock and aquaculture production.
  • As incomes rise and lifestyles change, consumers are increasingly seeking nutrient-dense, safe, and high-quality food options, driving the demand for animal-based protein sources that are produced using high-quality feeds.
  • Plasma feed enhances the taste and palatability of animal feed, leading to better acceptance and consumption by animals which can help optimize feed consumption and ensure that animals receive the necessary nutrients for growth and development.

Restraint

Limited Supply of Raw Materials

  • Plasma feed is primarily derived from animal blood plasma, which serves as a valuable source of nutrients and bioactive components. collection and processing of animal blood plasma are dependent on the availability of suitable raw materials where a limited supply of raw materials can pose challenges in meeting the growing demand for plasma feed.
  • Animal blood plasma has multiple applications and uses beyond plasma feed, including in the pharmaceutical, biotechnology, and medical industries which create additional demand for raw materials and may impact the availability of blood plasma for plasma feed production.
  • The collection of animal blood plasma involves procedures such as blood extraction, which raises ethical concerns and regulatory requirements resulting in limitations on the availability and sourcing of the raw materials necessary for plasma feed production.
  • The availability of raw materials for plasma feed production may be subject to seasonal variations due to factors such as changes in animal production cycles, breeding patterns, and market dynamics. These can affect the collection and supply of animal blood plasma.

Opportunity

Demand for Plasma Feed Technology for Food Preservation

  • Plasma feed technology offers potential benefits for food preservation helping in mitigating microbial contamination and reducing spoilage-causing organisms in various food products. This can lead to an extended shelf life for perishable food items by maintaining their quality and freshness for a longer duration.
  • Plasma treatment is effective in reducing the presence of pathogens, such as bacteria and moulds, on food surfaces which can enhance food safety by minimizing the risk of microbial contamination.
  • Plasma feed technology provides an alternative to traditional preservation methods that may involve the use of chemical additives or preservatives eliminating the need for artificial preservatives.
  • The plasma feed technology has the potential to preserve the nutritional quality of food products. Its non-thermal nature helps retain the vitamins, antioxidants, and other beneficial components present in the food, contributing to healthier and more nutritious products. Plasma feed technology can be applied to a wide range of food products, including fruits, vegetables, meat, seafood, and dairy products.

Plasma Feed Market Segment Analysis:

The plasma feed market is segmented on the basis of Source, Application, and Distribution Channel.

By Source, Porcine Segment Is Expected to Dominate the Market During the Forecast Period

There are two segments by source such as bovine, and porcine. Among these, the porcine segment is expected to dominate the market during the forecast period.

  • Porcine blood plasma is readily available as a raw material for plasma feed production due to the well-establishment of the pork industry with a significant number of pigs. This abundant availability of porcine blood plasma makes it a convenient and accessible source for manufacturing.
  • Porcine blood plasma is rich in essential nutrients, bioactive compounds, and immunoglobulins that provide beneficial characteristics for animal nutrition making porcine plasma a desirable ingredient for formulating high-quality plasma feed.
  • It contains a balanced amino acid profile, vitamins, minerals, and growth factors. It also contains bioactive peptides that can enhance nutrient absorption and utilization, leading to improved growth rates in livestock.
  • Porcine plasma has been widely used in the animal feed industry for a considerable time, with a strong reputation and proven efficacy which has gained acceptance among livestock producers and feed manufacturers as a reliable source of nutrition for animals.

By Application, Pet Food Segment Held the Largest Share In 2023

There are four segments by application such as aquafeed, swine feed, pet food, and poultry feed. Among these, the pet food segment held the largest share in 2023.

  • The pet population worldwide has been steadily increasing which increases a greater demand for high-quality and nutritious pet food. Plasma feed has gained popularity as an ingredient in pet food formulations, leading to the dominance of the pet food segment.
  • Pet owners are more conscious about the health and well-being of their pets seeking pet food options that provide optimal nutrition to support their pets' overall health, immunity, and longevity. Plasma feed offers a rich source of essential nutrients, bioactive compounds, and immunoglobulins that can contribute to the well-being of pets.
  • Plasma feed has a balanced amino acid profile, vitamins, minerals, and growth factors that are beneficial for pets' nutritional needs offering a highly digestible protein source.
  • Pet food manufacturers often prioritize palatability to ensure pets enjoy and readily consume their food and plasma feed has its natural flavor and aroma which can enhance the palatability of pet food products.

  • The volume of the 'Pet Food' segment of the food market was continuously increased over the past years. In 2018, it was measured at 41.43 billion kg, and in 2023 it is increased up to 51.44 billion kg.

Plasma Feed Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast Period

  • Asia Pacific has a significant and rapidly growing population, as a result, there is an expanding market for pet ownership, increased animal farming activities, and a growing demand for high-quality animal feed, including plasma feed.
  • Asia Pacific is a major hub for aquaculture, with countries such as China, India, Indonesia, and Vietnam leading in fish and shrimp production representing a significant application segment for plasma feed, particularly in the form of aquafeed.
  • Plasma feed offers nutritional advantages for pet food formulations, making it attractive to pet owners in Asia Pacific. Asia Pacific is home to some of the largest livestock industries globally, including swine, poultry, and cattle farming which require high-quality feed ingredients to ensure optimal animal health and productivity.
  • Asia Pacific is witnessing advancements in feed processing technologies and an increasing number of market players specializing in animal nutrition leading to product innovation, formulation development, and marketing initiatives focused on plasma feed.

Plasma Feed Market Active Players

  • Cargill Inc (USA)
  • Darling Ingredients Inc (USA)
  • Veos Group (Netherlands)
  • Kraeber Co Gmbh (Germany)
  • Lauridsen Group Inc (USA)
  • BASF SE (Germany)
  • EcoFeed LLC (USA)
  • Land O Lakes Purina (USA)
  • Lican Food (Chile)
  • Nutreco (Netherlands)
  • ADM (USA)
  • Archer Daniels Midland Company (USA)
  • Charoen Pokphand Foods (Thailand)
  • Feedworks Pty. Ltd. (Australia)
  • Puretein Agri LLC (USA)
  • Rocky Mountain Biologicals (USA)
  • SARIA Group (Germany)
  • Daka Denmark A/S (Denmark)
  • FASA Group (Brazil)
  • Valley Proteins, Inc. (U.S.)
  • West Coast Reduction Ltd. (U.S.)
  • Allanasons Pvt Ltd (India)
  • Sera-Scandia A/S (Denmark)
  • Apcproteins (U.S.)
  • Lihme Protein Solutions (Denmark), and Other Active Players.

Key Industry Developments in the Plasma Feed Market:

  • In September 2023, Cargill launched the dairy feed ‘Milkgen 10000’ in Maharashtra. According to Cargill, with its formulation technology, 'Milkgen 10000' delivers a balanced protein and starch content and is designed to increase milk production along with milk components, fat and solid not-fat.

Global Plasma Feed Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 2799.77 Mn.

Forecast Period 2024-32 CAGR:

6.08 %

Market Size in 2032:

USD 4762.38 Mn.

Segments Covered:

By Source

  • Bovine
  • Porcine

By Application

  • Aquafeed
  • Swine Feed
  • Pet Food
  • Poultry Feed

By Distribution Channel

  • Direct Sales
  • Distributors and Wholesalers
  • Online Retail

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

 

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