Plasma Powder Market Size Forecasted To Achieve $4.03 Billion By 2029 With Steady Growth

The Plasma Powder Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Plasma Powder Market Size and Projected Growth Rate?
The market size of plasma powder has experienced robust growth recently. It's predicted to expand from $3.04 billion in 2024 to $3.2 billion in 2025, presenting a compound annual growth rate (CAGR) of 5.4%. Material science progressions, an increase in surface modification techniques, the need for advanced coatings, the semiconductor and electronics sector, along with medical and biomedical advancements have all contributed to the growth in the previous period.

In the coming years, robust expansion is anticipated for the plasma powder market. It's predicted to surge to $4.03 billion by 2029, experiencing a compound annual growth rate (CAGR) of 5.9%. The expected growth during the forecast period is due to factors such as the incorporation of emerging nanotechnologies, utilisation in catalytic applications, integration into smart materials, application in 3D printing, and high demand in biomedical engineering. Key trends for this period include plasma-polymer composite materials, hybrid additive manufacturing methods, customisable smart coatings, bioresorbable implants and coatings, along with the application of plasma powder in 5G technologies.

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What Are the Major Segments in the Plasma Powder Market?
The plasma powder market covered in this report is segmented -

1) By Source: Bovine, Porcine, Ovine, Other Sources
2) By Form: Dry, Wet
3) By Sales Channel: Online, Offline
4) By Application: Pet Food, Pig Feed, Poultry Feed, Aqua Feed, Ruminant Feed, Human Food, Other Applications

Subsegments:
1) By Bovine: Bovine Serum Powder, Bovine Plasma Protein
2) By Porcine: Porcine Serum Powder, Porcine Plasma Protein
3) By Ovine: Ovine Serum Powder, Ovine Plasma Protein
4) By Other Sources: Equine (Horse), Avian (Chicken), Other Animal Sources

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What Are The Driving Plasma Powder Market Evolution?
The growth of the plasma powder industry is expected to be fueled by the rising demand for high-quality protein feeds. This demand surge is linked to increased consumption by pets and domestic livestock, seeking more nutritious feed. Plasma powder is considered a vital component in making the feed healthier and more beneficial to these animals. For example, the American Feed Industry Association, a U.S. non-profit representing the animal feed sector, reported in January 2022 that they're expecting a steady 2.5% annual growth of the U.S. animal feed. This increase is predicted to reach approximately 254.6 million tons and is estimated to be worth about $48.8 billion by 2025. Hence, the escalating demand for top-notch protein feeds is a key driver behind the expansion of the plasma powder market.

Which Firms Dominate The Plasma Powder Market Segments?
Major companies operating in the plasma powder market include Takeda, CSL Behring, Darling Ingredients, Grifols, Octapharma, Kedrion, Valley Proteins Inc., Proliant Biologicals, Veos Group, Uruguayan Animal Proteins, Haripro SpA, Lihme Protein Solutions, Saria SE & Co. KG, Acontex GmbH, APC Inc., British Aqua Feeds, Feed Stimulants, Otto Chemie Pvt Ltd, Shenzhen Taier Biotechnology Co. Ltd, Animix LLC, Kraeber & Co GmbH, Rocky Mountain Biologicals

What Trends Are Expected to Dominate the Plasma Powder Market in the Next 5 Years?
The trend of product innovation is gaining traction in the plasma powder industry. Firms in this market are striving to introduce new products to maintain their market standing. For instance, in February 2023, Octapharma AG, a pharmaceutical firm based in Switzerland, gained approval from the European Union (EU) for its OctaplasLG powder. This plasma powder, a lyophilized (freeze-dried) version of their widely used plasma for transfusion, represents a significant line extension. It will be sold in Europe as a powder and solvent solution for infusion. OctaplasLG powder is a pharmaceutical-grade human plasma product, known for its standardized quality and exceptional pathogen safety profiles, made possible by Octapharma's pathogen elimination and inactivation process.

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Which Is The Largest Region In The Plasma Powder Market?
North America was the largest region in the plasma powder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plasma powder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Plasma Powder Market?
2. What is the CAGR expected in the Plasma Powder Market?
3. What Are the Key Innovations Transforming the Plasma Powder Industry?
4. Which Region Is Leading the Plasma Powder Market?

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