Surging Demand For High-Quality Protein Feeds To Drive Market Growth: Powering Innovation and Expansion in the Plasma Powder Market by 2025

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What Is the Expected CAGR for the Plasma Powder Market Through 2025?
Over the past few years, the size of the plasma powder market has significantly expanded. The market is expected to surge from $3.04 billion in 2024 to $3.2 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%. This notable growth during the historic period can be traced back to advances in material science, increased use of surface modification techniques, and the rising demand for sophisticated coatings. Additionally, developments in the semiconductor and electronics industries, as well as medical and biomedical sectors, have also contributed to this expansion.

What's the Projected Size of the Global Plasma Powder Market by 2029?
In the coming years, the plasma powder market is slated to witness a robust increase in size. It is projected to reach $4.03 billion by 2029, expanding at a compound annual growth rate (CAGR) of 5.9%. This future growth can be credited to the emergence of nanotechnology integration, catalytic application exploration, smart material integration, the rising adoption in 3D printing, and increasing demand in biomedical engineering. Plasma-polymer composite materials, hybrid additive manufacturing procedures, tailor-made smart coatings, bioresorbable implants and coatings, and plasma powder for 5G technologies are expected to be the key trends during this forecast period.

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Top Growth Drivers in the Plasma Powder Industry: What's Accelerating the Market?
The mounting need for superior protein feeds is anticipated to bolster the expansion of the plasma powder industry. This escalating demand signifies the growing consumption of top-notch feeds by household pets and livestock. Plasma powder acts as a crucial component in formulating feeds that are healthy and nourishing for the animals. For instance, as per the American Feed Industry Association in January 2022, a non-profit group from the U.S. that represents the animal feed sector, it's anticipated that the U.S. animal feed will grow by an estimated 2.5% per year, hitting around 254.6 million tons worth roughly $48.8 billion by 2025. Hence, the rising need for high-grade protein feeds is fueling the plasma powder market's growth.

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What Trends Will Shape the Plasma Powder Market Through 2029 and Beyond?
The emphasis on product innovation is becoming a significant trend in the plasma powder market. Enterprises operating in this market are seeking to launch fresh product offerings in order to maintain their competitive edge. For instance, in February 2023, Octapharma AG, a company based in Switzerland, secured approval from the European Union (EU) for their new product, OctaplasLG powder - a plasma powder or a lyophilized form (freeze-dried) of their well-regarded plasma for transfusion. This product variant will be sold in Europe as a powder and as a solvent solution for infusion. OctaplasLG powder is a high-grade human plasma that provides consistently high quality and superior pathogen safety profiles, a feat achieved through Octapharma's comprehensive pathogen elimination and inactivation approach.

What Are the Main 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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Which Top Companies are Driving Growth in the Plasma Powder Market?
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

Which Regions Will Dominate the Plasma Powder Market Through 2029?
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

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