Press release
Global Porcine Plasma Feed Market 2023 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | Darling Ingredients Inc., Ridley Corporation Limited, APC Proteins, Essentia Protein Solutions, Daka Denmark A/S
As per The Business Research Company's Porcine Plasma Feed Opportunities And Strategies Market Report 2023, The global porcine plasma feed market reached a value of nearly $1,133.6 million in 2022, having grown at a compound annual growth rate (CAGR) of 5.3% since 2017. The market is expected to grow from $1,133.6 million in 2022 to $1,397.4 million in 2027 at a rate of 4.3%. The market is then expected to grow at a CAGR of 4.7% from 2027 and reach $1,759.6 million in 2032.The increasing consumption of meat is expected to propel the growth of the porcine plasma feed market during the forecast period. The primary purpose of porcine plasma is to be used as a feed additive in pig food to increase average growth and maintain pig nutrition.
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Companies in the porcine plasma feed market are focusing on product launches and developing new products to strengthen their position in the market. For instance, in 2023, Purina Animal Nutrition, a US-based company that retails feeds for poultry, dairy cattle, beef cattle, pigs, aquaculture and horses, introduced Purina® EnduraSowTM and EnduraPigTM, two novel feed additives for sow performance and piglet respiratory health. EnduraSowTM feed additive is a low-inclusion feed additive that enhances sow productivity during a health issue, as shown by more pigs weaned per sow per year in commercial trials. EnduraPig is a feed additive that promotes pig growth performance while a respiratory challenge is present and helps pigs' immune systems get ready to handle health difficulties. At weaning, when the immune protection from the sow's milk fades before the pig's immune system fully develops, this becomes extremely crucial.
The top opportunities in the porcine plasma feed market segmented by type will arise in the powder segment, which will gain $162.5 million of global annual sales by 2027. The top opportunities in segment by application will arise in the swine feed segment, which will gain $148.4 million of global annual sales by 2027. The top opportunities in segment by end user will arise in the farmers segment, which will gain $118.6 million of global annual sales by 2027. The porcine plasma feed market size will gain the most in China at $49.1 million.
Porcine Plasma Feed Market Segmentation:
The porcine plasma feed market is segmented by type, by application and by end user.
By Type -
a) Powder
b) Grain
c) Other Types
By Application -
a) Swine Feed
b) Pet Food
c) Aquafeed
d) Other Applications
By End User -
a) Farmers
b) Farming Organizations
c) Feed Additive Companies
d) Animal Feed For Pets
Major players in the Porcine Plasma Feed market include Darling Ingredients Inc., Ridley Corporation Limited, APC Proteins, Essentia Protein Solutions, Daka Denmark A/S
The regions covered in the global Porcine Plasma Feed market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The latest report from The Business Research Company, 'Global Porcine Plasma Feed Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.
Porcine Plasma Feed Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……
19. Key Mergers and Acquisitions
20. Opportunities And Strategies
21. Porcine Plasma Feed Market, Conclusions And Recommendations
22. Appendix
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