Market Analysis and Insights : Global Blood Meal for Poultry Feed Market The blood meal for poultry feed market is expected to witness market growth at a rate of approximately 4.20% in the forecast period of 2021 to 2028 and is expected to reach USD 1.20 billion by 2028. Data Bridge Market Research report on blood meal for poultry feed market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing demand for animal nutrition is escalating the growth of blood meal for poultry feed market.
Blood Meal Market report categorizes the global market by Application (Poultry Feed, Porcine Feed, Ruminant Feed, and Aquafeed), Source (Poultry, Porcine, and Ruminant), Process (Solar Drying, Drum Drying, and Spray Drying), and Region
The global plasma feed market is projected to grow from USD 2.1 billion in 2019 to USD 2.9 billion by 2025, at a CAGR of 5.7%. Plasma feed includes the feed products that involve animal-derived plasma proteins as the feed ingredient. The market for plasma feed has been growing at the global level due to the rise in demand for alternative protein sources in the feed industry.
Aquafeed Market is anticipated to reach USD 71.6 billion by 2025. Aquafeed Market report is segmented by Additive, Lifecycle (Starter Feed, Grower Feed, Finisher Feed, and Brooder Feed), Species (Fish, Crustaceans, and Mollusks), Ingredient (Soybean, Corn, Fishmeal, Fish Oil, and Additives), Form, and by Geography.
The aquafeed market is estimated to account for USD 47.3 billion in 2019 and is projected to reach USD 71.7 billion by 2025, recording a CAGR of 7.2% during the forecast period. The market is primarily driven by the increasing seafood trade, growth in aquaculture production, and rising seafood consumption among consumers due to the increasing need for protein-rich diets.