ALL >> Business >> View Article
North America Plasma Feed Market Current And Future Trends, Leading Key Players And Forecast 2032
The plasma feed market is experiencing a significant surge, driven by advancements in animal nutrition and increasing awareness about sustainable farming practices. Plasma feed, derived from the blood of livestock animals, particularly pigs and cattle, is rich in essential proteins and bioactive molecules. This unique composition makes it an invaluable ingredient in animal feed, enhancing growth, immunity, and overall health.
Plasma Feed Market Size was valued at USD 2.226 Billion in 2023. The plasma feed market industry is projected to grow from USD 2.35956 Billion in 2024 to USD 3.5479058 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.23 % during the forecast period (2024 - 2032).
The North American plasma feed market is experiencing significant growth driven by the rising demand for high-quality animal nutrition products. Plasma feed, derived from animal blood, is rich in proteins and essential nutrients, making it a valuable ingredient in livestock feed. The region's advanced livestock farming practices and stringent regulations on animal health and nutrition are key factors contributing ...
... to the market expansion. Moreover, the growing awareness among farmers about the benefits of plasma feed in enhancing animal growth and immunity is boosting its adoption. The United States and Canada are leading the market with their robust agricultural sectors and extensive research and development activities. The integration of plasma feed in aquaculture and pet food segments also presents lucrative opportunities for market players. However, the market faces challenges such as ethical concerns regarding animal-derived products and the need for sustainable sourcing practices. Overall, the North American plasma feed market is poised for steady growth, supported by technological advancements and increasing investments in the animal feed industry.
Understanding Plasma Feed
Plasma feed is created through the fractionation of blood collected from healthy animals during the slaughtering process. This process isolates plasma, which is then spray-dried to produce a high-protein powder. This powder is incorporated into animal feed, providing a concentrated source of protein and immunoglobulins that promote gut health and disease resistance in livestock.
Key players :
Sera Sc andia, Saria Group, Rocky Mountain Biologicals, LicanFood, Veos Group, Baxter International Inc., Grifolis S.A., CSL Limited, The Lauridsen Group Inc., PureteinAgri LLC., Darling Ingredients Inc., EcooFeed LLC., Accuray Inc., Boston Scientific Corp.
Benefits of Plasma Feed
One of the primary benefits of plasma feed is its ability to improve the feed conversion ratio (FCR) in animals. A better FCR means animals convert feed into body mass more efficiently, reducing the overall feed required and lowering costs for farmers. Additionally, plasma feed has been shown to enhance the immune system, leading to healthier animals with fewer diseases and reduced need for antibiotics. This is particularly important in the context of growing concerns about antibiotic resistance.
Market Trends and Innovations
Several trends are shaping the plasma feed market. There is an increasing demand for high-quality animal protein, driven by a growing global population and rising incomes in developing countries. This demand is pushing the animal feed industry to seek out more efficient and sustainable ingredients like plasma feed.
Innovation is also playing a crucial role. Advances in processing technologies are improving the quality and safety of plasma feed. Companies are investing in research to understand better the bioactive components of plasma and their effects on animal health. This research is leading to new formulations and applications, broadening the scope of plasma feed beyond traditional uses.
Sustainable and Ethical Considerations
Sustainability and ethical considerations are at the forefront of the plasma feed market's growth. The use of by-products like blood helps reduce waste in the meat processing industry, contributing to a more sustainable food system. Furthermore, the production of plasma feed adheres to stringent regulations to ensure the safety and well-being of both animals and consumers.
Free Sample Copy"- Get a free copy of the sample report for a glimpse into our research expertise
Table of content:
Executive Summary
Scope of the Report
Market Research Methodology
Market Landscape
Market Dynamics
To be continued....
Related Reports:
Essential Oils and Plant Extracts for Livestock Market Size was valued at USD 2.67 Billion in 2023. The essential oils and plant extracts for the livestock market industry are projected to grow from USD 2.878 Billion in 2024 to USD 4.713434 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.36 % during the forecast period (2024 - 2032).
Automated Feeding Systems Market Size was valued at USD 9.5 billion in 2022. The Automated Feeding Systems market industry is projected to grow from USD 10.1 Billion in 2023 to USD 15.3 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.1% during the forecast period (2023 - 2030).
Secondary Macronutrients Market Size was valued at USD 32.29 Billion in 2023. The secondary macronutrients market industry is projected to grow from USD 34.195 Billion in 2024 to USD 51.09 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.15 % during the forecast period (2024 - 2032).
Probiotics in Animal Feed Market Size was valued at USD 0.2 billion in 2022. The Probiotics in Animal Feed market industry is projected to grow from USD 0.27 Billion in 2023 to USD 0.4 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.6% during the forecast period (2023 - 2030).
Feed phytogenic Market is projected to register a CAGR of 6.10% and reach a value of USD 1.15 Billion by 2028.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
Add Comment
Business Articles
1. Power Your Campaigns With The Comprehensive Usa Email ListAuthor: readymailingteam
2. Data Quality In Research: Why It Matters For Accurate Insights
Author: Philomath Research
3. What Every Startup Needs In The First Year
Author: successpreneurs
4. Why You Should Love Networking
Author: Icons Edge
5. Lucintel Forecasts The Global Conical Inductor Market To Reach $1 Billion By 2030
Author: Lucintel LLC
6. Lucintel Forecasts The Global Commerce Artificial Intelligence Market To Reach $6 Billion By 2030
Author: Lucintel LLC
7. The Rise Of Commercial Meatball Makers: A Game Changer For Food Businesses
Author: proprocessor
8. Lucintel Forecasts The Global Cloud Workload Protection Market To Reach $20 Billion By 2030
Author: Lucintel LLC
9. Dive Into The Digital Revolution: Strategies To Unlock Your Full Potential Today
Author: livewiredigitalmedia
10. Transform Your Space: How To Reimagine Your Kitchen As A Relaxing Bathroom Retreat
Author: a2zbuilds
11. Berry Bliss: 10 Must-try Strawberry Smoothies For A Cool Summer Treat
Author: frutinieves
12. "personalization At Scale: The Power Of Leadzen.ai’s Linkedin Automation"
Author: Leadzen.ai
13. Maximize Your Profits: The Ultimate Guide To Mastering Can Recycling
Author: denverscrapmetal
14. Lucintel Forecasts The Global Chromium Market To Reach $28 Billion By 2030
Author: Lucintel LLC
15. Lucintel Forecasts The Global Choke Inductor Market To Reach $2 Billion By 2030
Author: Lucintel LLC