Press release
Porcine Plasma Feed Market, By Application (Swine Feed, Pet Food, Aquafeed, Others)to reach USD 1.69 billion by 2029
Plasma feed (often referred as blood plasma animal feed) are basically the plasma proteins produced from animal sources and used as protein components in animal feed. The term "plasma feed" basically refers to feed products that contain animal-derived plasma proteins as a main element. The porcine plasma feed is basically the plasma feed that is derived from the porcine. It is rich in important vitamins and minerals such as vitamin phosphorus, B12, calcium, sodium, chloride, potassium, and magnesium. It is mostly made up of important plasma proteins such as globulins and albumin.View Detailed Report" https://www.databridgemarketresearch.com/reports/global-porcine-plasma-feed-market
The plasma feed market has been immensely growing at the global level owing to the rise in demand for alternative protein sources in the feed industry. The porcine plasma feed industry is highly concentrated, with a few number of competitors controlling the majority of the market at a worldwide level. Moreover, there is an increasing demand across the globe for sustainable feed additives and robust demand for animal-based protein sources which aids in the expansion of the market in the long run.
Global porcine plasma feed market was valued at USD 1.10 billion in 2021 and is expected to reach USD 1.69 billion by 2029, registering a CAGR of 5.50% during the forecast period of 2022-2029. "Pet food" dominates the application segment owing to the high demand for better quality pet food and the trend for the use of natural and bioactive products in the pet food industry within the above mentioned forecasted period.
Key Players Analysis"
Some of the major players operating in the porcine plasma feed market are Apcproteins. (US), SARIA A/S GmbH & Co. KG (Germany), Sera Scandia (Denmark), Lican Food (Chile), PURETEIN AGRI LLC. (US), Veos (Belgium), Kraeber & Co Gmbh (Germany), Ridley Corporation Limited (Australia), Allanasons Pvt Ltd (India), Rocky Mountain Biologicals (US), Lihme Protein Solutions (Denmark), Ekofood (US) and FeedWorks Pty. Ltd., (Australia), Darling Ingredients Inc., (US), Nutreco (Netherlands), West Coast Reduction Ltd., (US), Valley Proteins, Inc., (US), and FASA Group (Brazil) among others.
Global Porcine Plasma Feed Market Scope
The porcine plasma feed market is segmented on the basis of application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
Swine Feed
Pet Food
Aquafeed
Others
On the basis of application, the porcine plasma feed market has been segmented into swine feed, pet food, aqua feed and others. Pet food registers the highest growth within the segment owing to the high demand for better quality pet food and the trend for the use of natural and bioactive products in the pet food industry.
End-User
Farmers
Farming Organizations
Feed Additive Companies
Users of Animal Feed for Pets
On the basis of end-user, the porcine plasma feed market is segmented into farmers, farming organizations, feed additive companies and users of animal feed for pets.
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