Plasma Feed Market: Introduction

  • Plasma feed can be defined as feed products that involve animal derived plasma proteins as the feed ingredient. Plasma, as an animal feed ingredient, is easily digestible and offers high quality protein. It mainly contains essential plasma proteins, including globulins and albumin. 
  • In terms of amino acids, plasma is considered to be rich in threonine and lysine. However, owing to the high cost of the plasma feed additives, it is being included mainly in the diets of young piglets, in the swine industry. 

Key Drivers and Restraints of Global Plasma Feed Market

  • The growth of the plasma feed market can be attributed to increase in demand for alternate protein sources
  • The strong growth in the meat industry, rise in the global meat production and consumption, and significant demand for livestock, have been contributing to the growth of the plasma feed market. According to the Food and Agriculture Organization (FAO), the meat consumption has increased by over 5% over the years and the demand for dairy products has increased by over 4% over the years.
  • The tendency of humanizing pets has been growing significantly over the years, which has been creating high demand for high quality pet feed. Plasma feed is considered as a sustainable and natural source of pet food, owing to various advantages such as palatability, emulsifying properties, and water binding capacity. This has been contributing to the growth of the plasma feed market.

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  • However, high investments required for refining technology at commercial and high cost of plasma feed products might hamper the growth of the plasma feed market. In addition, uncertainty concerning the acceptance of blood-based products for livestock feed would be a lag in the growth of the plasma feed market.    

North America to Lead Global Plasma Feed Market

  • In terms of region, the global plasma feed market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • North America dominated the global plasma feed market in 2018. Strong growth in the beef, dairy, and swine industries, creates a demand for feed protein supplements, thereby contributing to the growth of the plasma feed market in the region. In addition, growth in the sustainable feed supply for pet food manufacturing and aquafeed manufacturing, contribute to the growth of the plasma feed market.  
  • Europe was the second largest market for plasma feed in 2018, followed by Asia Pacific. Asia Pacific is projected to be the fastest growing market for plasma feed, followed by Latin America and Middle East & Africa. The strong growth of the market in Asia Pacific can be attributed to increasing consumption and production of meat and focus on high quality pet food. In addition, the growing shift of consumers toward high meat consumption in various countries of Asia Pacific is one of the driving factors of the plasma feed market in the region.   

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 Key Manufacturers Operating in Global Plasma Feed Market

Leading players in the global plasma feed market are:

  • SARIA Group (Daka Denmark A/S)
  • Darling Ingredients Inc.
  • Lauridsen Group Inc.
  • Kraeber & Co GmbH
  • Sera Scandia A/S
  • Lican Food
  • Puretein Agri LLC
  • Veos Group
  • Rocky Mountain Biologicals
  • Eccofeed LLC
  • Lihme Protein Solutions
  • Feedworks Pty Ltd

Global Plasma Feed Market: Research Scope

Global Plasma Feed Market, by Source

  • Porcine
  • Bovine
  • Others

Global Plasma Feed Market, by Application

  • Swine Feed
  • Aquafeed
  • Pet Food
  • Others

Global Plasma Feed Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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