Increase in Demand for Meat Products in Developing Countries Drives the Plasma Feed Market

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MarketsandMarkets Presents
Plasma Feed Market - Forecast to 2025
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lasma-feed-market-205516339.html
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The report "Plasma Feed Market by Source
(Porcine, Bovine, and Others), Application (Swine
Feed, Pet Food, Aquafeed, and Others (Includes
Ruminant and Poultry Feed)), Region (North
America, Europe, Asia Pacific, and Rest of the
World) - Global Forecast to 2025" The plasma feed
market is projected to reach USD 2.9 billion by
2025, from USD 2.1 billion in 2019, at a CAGR of
5.7 during the forecast period. The use of
animal-derived plasma proteins as the replacement
for antibiotics in feed drives the market for
plasma feed. Browse 90 market data Tables and 26
Figures spread through 183 Pages and in-depth TOC
on "Plasma Feed Market - Global Forecast to
2025 The Asia Pacific is projected to dominate
the plasma feed market by 2025. The Asia Pacific
accounted for the largest share in the global
plasma feed market for in 2018, and the market is
projected to grow at the highest CAGR during the
forecast period. China is the major reason for
the dominance of Asia Pacific in the global
plasma feed market, wherein China is one of the
largest consumer and producer of overall meat
products. China accounted for the highest share
in the number of pigs slaughtered in 2017, which
makes it the dominant market for porcine-based
plasma feed. The Asia Pacific region is projected
to be the fastest-growing market for the period
considered for this study. The regions growing
concentration of animal slaughtering and
increased demand for animal-based food products
poses a strong potential for plasma feed
manufacturers. Download PDF Brochure
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• Report Objectives
• To describe and forecast the plasma feed market,
  in terms of source, application, and region
• To describe and forecast the plasma feed market,
  in terms of value, by regionAsia Pacific,
  Europe, North America, and the Rest of the
  World-along with their respective countries
• To provide detailed information regarding the
  major factors influencing market growth (drivers,
  restraints, opportunities, and challenges)
• To strategically analyze micro-markets with
  respect to individual growth trends, prospects,
  and contributions to the overall market
• To study the complete value chain of the plasma
  feed market
• To analyze opportunities in the market for
  stakeholders by identifying the high-growth
  segments of the plasma feed ecosystem
• To strategically profile the key players and
  comprehensively analyze their market position in
  terms of ranking and core competencies, along
  with detailing the competitive landscape for
  market leaders
• Target Audience
• Plasma feed manufacturers and suppliers
• Meat producers
• Plasma feed distributors importers and exporters
• Research institutions
• Government bodies
• Distributors
• Make an Inquiry https//www.marketsandmarkets.com
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Based on the source, the porcine segment is
projected to be the larger contributor to the
plasma feed market during the forecast
period The plasma feed market has been
segmented, based on source, into porcine, bovine,
and others, which includes sheep, goat, and
poultry. The market for porcine plasma feed is
projected to record a higher market share between
2019 and 2025. Porcine blood meal offers various
health benefits to animals and is used
significantly in poultry and porcine feed. For
instance, as per the National Center for
Biotechnology Information (NCBI), pigs fed diets
containing porcine plasma had greater average
daily feed intake (ADFI) and average daily growth
(ADG). Plasma feed is projected to be used
majorly in pet food during the forecast
period The major factor for the higher adoption
of plasma feed in pet food is anticipated because
the tendency of people to humanize pets and treat
them like their family members has resulted in
the high demand for better quality pet food. The
trend for the use of natural and bioactive
products is very prevalent in the pet food
industry. This is attributed to factors such as
the expansion of the pet population, customer
attitudes toward their pets as companions or
family. As per Darling Ingredients, one of the
major brand engaged in the production of plasma
feed products quoted that plasma protein is a
natural and sustainable source for pet food. It
has several advantages such as water binding
capacity, emulsifying properties, and
palatability, which in turn drives the market for
plasma feed among pet food manufacturers. Reques
t Sample https//www.marketsandmarkets.com/reques
tsampleNew.asp?id205516339  
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• Key Market Players
• Key players in plasma feed market include Darling
  Ingredients Inc. (US), The Lauridsen Group Inc.
  (US), SARIA Group (Germany), Sera Scandia
  (Denmark), Lican Food (Chile), Puretein Agri
  LLC.  (US), Veos Group (Belgium), Kraeber Co
  Gmbh (Germany), Rocky Mountain Biologicals (US),
  Lihme Protein Solutions (Denmark), EcooFeed LLC
  (US), and FeedWorks (Australia).
• Recent Developments
• In October 2018, Darling Ingredients Inc.
  acquired assets of Triple - T Foods Arkansas,
  Inc. (US), including its pet food ingredient
  operations. The acquisition would help the
  company to expand its premium protein business
  for pet food.
• In June 2018, Essentia Proteins (US), Part of
  Lauridsen Group (US) acquired Scanflavour
  (Denmark), which is engaged in the production of
  functional proteins and ingredients derived from
  pork. The acquisition would lead to the
  strengthening of the groups market presence and
  strong establishment of its customer base.
• Critical questions the report answers
• Where will all these developments take the
  industry in the mid-to-long term?
• What are the upcoming commercial prospects for
  the plasma feed market?
• What is the impact of high capital investment on
  the plasma feed market?
• What are the new technologies introduced in the
  plasma feed market?
• What are the latest trends in the plasma feed
  market?
• Speak to Analyst https//www.marketsandmarkets.co
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