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Projected Surge in the Blood Meal Market: Detailed Analysis of Market Size, Growth Drivers, Key Players and Emerging Trends
Blood Meal Market
What Is The Projected Market Size Of The Global Blood Meal Market And Its Growth Rate?
• The blood meal market size was $2.06 billion in 2024.
• It is projected to reach $2.13 billion in 2025, growing at a CAGR of 3.6%.
• The market is expected to continue to expand, reaching $2.48 billion by 2029, with a CAGR of 3.8%.
What Is Driving The Growth In The Blood Meal Market?
The increasing global demand for animal meat is propelling the growth of the blood meal market. Imparting nutritional benefits to animal feed, blood meal, a by-product from animal slaughter, is high in protein and serves as an effective feed additive. The predicted increase in poultry meat consumption, seen to rise to 154 metric tons globally in the upcoming periods, is expected to further fuel the growth of the blood meal market.
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Who Are the Key Players Driving Blood Meal Market Growth?
• Boyer Valley Company LLC
• Terramar Chile SpA
• Darling Ingredients Inc.
• West Coast Reduction Ltd.
• Valley Proteins Inc.
• Sanimax APC Inc.
• The Fertrell Company
• Ridley Corporation Limited
• Allanasons Pvt. Ltd.
• FASA Group
• Apelsa Guadalajara S.A. de C.V.
• Bar-Magen Ltd.
• Agro-industrial Complex Backa Topola Ltd.
• APC Company Inc.
• Frigorifico Allana Private Limited
• Agridient Inc.
• Archer Daniels Midland Company
• Ag Processing Inc.
• Cargill Incorporated
• Coppens International B.V.
• Dinnissen Process Technology B.V.
• Duynie Group B.V.
• Fambrosa S.A.U.
• ForFarmers N.V.
• InVivo NSA
• The J.M. Smucker Company
• Land O'Lakes Inc.
• Nutreco Co. B.V.
• OJ Ingredients Ltd.
• Olmix Group
What Are The Key Trends In The Blood Meal Market?
• Technological advancements in processing
• Research and development in animal nutrition
• Studies on blood meal-based biostimulants
• Rising trend of organic and non-GMO products
• Development of hydrolyzed blood meal
What Are The Segments Of The Global Blood Meal Market?
1) By Source: Porcine Blood, Poultry Blood, Ruminant Blood
2) By Process: Solar Drying, Drum Drying, Ring and Flash Drying, Spray Drying
3) By Application: Animal Feed, Agriculture, Other Applications
Which Region Leads The Blood Meal Market?
North America was the largest region in the blood meal market in 2024, with Asia-Pacific expected to be the fastest-growing region in the near future.
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What Is Covered In The Blood Meal Market Global Market Report?
- Market Size Analysis: Analyze the Blood Meal Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Blood Meal Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Blood Meal Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Blood Meal Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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