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Rising Consumer Spending On Pet Food Drives Growth In Porcine Plasma Feed Market: A Significant Driver Propelling The Porcine Plasma Feed Market In 2025
The Porcine Plasma Feed 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 Porcine Plasma Feed Market Size and Projected Growth Rate?
In recent years, the porcine plasma feed market has experienced significant growth. The market size is anticipated to climb from $1.25 billion in 2024 to $1.31 billion in 2025, yielding a compound annual growth rate (CAGR) of 5.1%. Factors contributing to this surge during the historical period include a rise in consumer expendable income being invested in pet food, prohibitions on using antibiotics in numerous nations, and increased financial investments.
Anticipations for the porcine plasma feed market predict consistent expansion over the forthcoming years, projecting a growth to $1.58 billion by 2029 with a 4.7% compound annual growth rate (CAGR). The projected growth during this forecast period is attributed to various factors including the rise in meat consumption, the growing embracement of sustainable techniques in the feed industry, and overall global development in the food sector. The key projected trends within this period include an emphasis on the launch of new products, a spotlight on innovative nutritional solutions, the introduction of new feed additives, the pursuit of strategic partnerships and collaborations, and advancements in technology.
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What Are the Major Segments in the Porcine Plasma Feed Market?
The porcine plasma feed market covered in this report is segmented -
1) By Type: Powder, Grain, Other Types
2) By Application: Swine Feed, Pet Food, Aquafeed, Other Applications
3) By End User: Farmers, Farming Organizations, Feed Additive Companies, Animal Feed For Pets
Subsegments:
1) By Powder: Spray-Dried Porcine Plasma Powder, Freeze-Dried Porcine Plasma Powder
2) By Grain: Granulated Porcine Plasma Feed, Pelleted Porcine Plasma Feed
3) By Other Types: Liquid Porcine Plasma Feed, Mixed Formulations
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What Are The Driving Porcine Plasma Feed Market Evolution?
The core factor propelling the growth of the porcine plasma feed market is the escalating expenditure on pet food by consumers. There has been substantial growth in the pet food sector over the past several years due to a rise in food and feed contamination incidents. Providing pet animals with pet food rich in key amino acids not only promotes their development and growth but also supplies various crucial nutrients. Incorporating these plasma feed additives into pet meals renders their digestive system more adaptable and boosts their immune system and metabolism. For example, Pet Food Processing, a US-based firm that shares insights, trends, and novelties in the pet food manufacturing arena, predicted in December 2023 that pet food will primarily rule the market and is likely to touch roughly $121 billion by 2030. It will be trailed by veterinary care worth $71 billion, pet supplies and over-the-counter drugs estimated at $66 billion, and other services including live animal sales projected at $24 billion. The American Pet Products Association (APPA) revealed in 2022 that most of the pet owners' expenditure was concentrated on pet food and items. This segment comprises a list of products like beds, crates, carriers, chews, grooming aids, harnesses, medications, food add-ons, toys, and vitamins and supplements. As a result, the predicted surge in consumer spending on pet food is likely to stimulate the demand for porcine plasma feed throughout the projected timeframe.
Which Firms Dominate The Porcine Plasma Feed Market Segments?
Major companies operating in the porcine plasma feed market include Darling Ingredients Inc, Ridley Corporation Limited, APC Proteins, Essentia Protein Solutions, Daka Denmark A/S, Veos Group, West Coast Reduction Ltd, FASA Group, FeedWorks Pty. Ltd., Kraeber & Co Gmbh, Frigorifico Allana Private Limited (FAPL), Allanasons Private Limited, Premier Nutrition Limited, AB Agri Ltd, SARIA Bio-Industries AG & Co. KG, Sera Scandia A/S, North-West Regional Company, Vitomek, Intercom, Sewa Sante Animalu, Agrofid Rus, Puretein Agri, Rocky Mountain Biologicals, Ekofood, Mars, ADM, African Gazelle Products, RCL Foods, Martin & Martin Pty Ltd, PROMEAL
What Trends Are Driving Growth in The Porcine Plasma Feed Market?
In the porcine plasma feed market, companies are concentrating on introducing new products and advancing existing ones to maintain their market standing. For example, Purina Animal Nutrition, a US company specializing in feed for various animals, launched two innovative feed additives in 2023, namely Purina EnduraSow and EnduraPig, aimed at improving sow performance and piglet respiratory health. The EnduraSow additive, which is included in small amounts in the feed, has proven to enhance sow productivity during health complications by increasing the number of piglets weaned per sow per year. On the other hand, EnduraPig is designed to boost pig growth while facing respiratory issues and primes their immune systems to handle health problems better. This becomes immensely important at the time of weaning, when the sow's milk's immune protection begins to decrease before the pig's immune system is fully matured.
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Which Is The Largest Region In The Porcine Plasma Feed Market?
North America was the largest region in the porcine plasma feed market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the porcine plasma feed 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 Porcine Plasma Feed Market?
2. What is the CAGR expected in the Porcine Plasma Feed Market?
3. What Are the Key Innovations Transforming the Porcine Plasma Feed Industry?
4. Which Region Is Leading the Porcine Plasma Feed Market?
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