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Plasma Powder Global Market 2023 - Top Regions, Latest Technology, Investment Opportunities, Future Trends And Outlook 2032
Plasma Powder Market
The Business Research Company's Plasma Powder Global Market Report 2023 identifies increasing demand for high-quality protein feeds as the major driver for the Plasma Powder market's growth in the forecast period. An increase in demand refers to the increase in consumption of high-quality feed by pets and domestic livestock. Plasma powder plays the role of an essential ingredient in making the feed healthy and nutritious for the animals.
The global plasma powder market is expected to grow from $2.73 billion in 2022 to $2.90 billion in 2023 at a compound annual growth rate (CAGR) of 6.15%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The plasma powder market is expected to reach $3.58 billion in 2027 at a CAGR of 5.36%.
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Major competitors in the Plasma Powder market are Takeda, Merck KGaA, CSL Behring, Darling Ingredients, Grifols, Octapharma, Kemin Industries, Kedrion, Valley Proteins Inc., Proliant Biologicals.
A key trend in the Plasma Powder market includes product innovation. Companies involved in the plasma powder market are focused on launching new product lines to sustain their position in the market. For instance, in February 2023, Octapharma AG, a Switzerland-based pharmaceutical company, obtained European Union (EU) approval for its octaplasLG powder, a plasma powder, or a lyophilized (freeze-dried) form of their well-established plasma for transfusion. This line extension will be marketed in Europe as a powder and solvent solution for infusion. OctaplasLG powder is a pharmaceutical-grade human plasma product that offers standardized quality and exceptional pathogen safety profiles, achieved through Octapharma's integrated pathogen elimination and inactivation concept.
Read More On The Global Plasma Powder Market Report Here:
https://www.thebusinessresearchcompany.com/report/plasma-powder-global-market-report
The Plasma Powder market is segmented -
• By Source: Bovine, Porcine, Ovine, Other Sources
• By Form: Dry, Wet
• By Sales Channel: Online, Offline
• By Application: Pet Food, Pig Feed, Poultry Feed, Aqua Feed, Ruminant Feed, Human Food, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Plasma Powder market.
The Business Research Company's "Global Plasma Powder Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Plasma Powder Market Include:
1. Executive Summary
2. Plasma Powder Market Characteristics
3. Plasma Powder Market Trends And Strategies
4. Plasma Powder Market - Macro Economic Scenario
5. Global Plasma Powder Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
…………………………………….
32. Global Plasma Powder Market Competitive Benchmarking
33. Global Plasma Powder Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Plasma Powder Market
35. Plasma Powder Market Future Outlook and Potential Analysis
36. Appendix
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