The porcine plasma feed market size is expected to see steady growth in the next few years. It will grow to $1.51 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The anticipated growth in the forecast period can be attributed to the increasing consumption of meat, the rising adoption of sustainable methods in the feed industry, and overall growth across the global food sector. Key trends expected in the forecast period include a focus on product launches, new nutritional solutions, feed additives, strategic partnerships and collaborations, and technological advancements in the porcine plasma feed industry.
The prominent driver behind the growth of the porcine plasma feed market is the substantial increase in consumer spending on pet food. Over the past few years, the pet food industry has witnessed significant growth due to rising concerns about food and feed adulteration. Pet foods enriched with essential amino acids play a crucial role in the development and well-being of pets, offering vital nutrients. The incorporation of plasma feed additives into pets' diets contributes to enhanced digestive systems, improved immune systems, and better metabolism. Notably, consumer spending on pet-related products and services in Spain reached EUR 19.7 billion ($20.02 billion) in 2021. Additionally, statistics from September 2021 reveal that 11% of Americans spend an equivalent amount on their pet food as on home food, with 6% spending more on pet food than household food. This surge in consumer spending on pet food is anticipated to drive the demand for porcine plasma feed in the forecast period.
The growing adoption of sustainable practices is poised to have a positive impact on the porcine plasma feed market's growth. Achieving sustainability in animal nutrition involves optimizing feed resources, improving feed conversion, utilizing alternative ingredients, reducing environmental impact, and minimizing antibiotic use. In July 2022, Tebrio, a Spain-based biotechnology company, collaborated with key players in the swine industry to introduce a sustainable alternative for controlling piglet mortality without using zinc oxide, thereby enhancing sector efficiency and sustainability. This growing adoption of sustainable practices is expected to contribute to the expansion of the porcine plasma feed market.
A notable trend in the porcine plasma feed market is the emphasis on technological innovation. The market is witnessing advancements such as spray-dried porcine plasma, a by-product from abattoirs used in animal nutrition, particularly in livestock. Spray-dried porcine plasma offers highly digestible protein with an ideal amino acid profile, making it a valuable ingredient in post-weaning diets to enhance growth and well-being. Major companies are leveraging technological innovation to introduce products with advanced features, such as Diamond V, a US-based manufacturer of natural immune-support postbiotic feed additives. In February 2021, Diamond V introduced Dia-V, an immune health piglet feed additive used in nursery pig diets. This innovative product is designed to maintain immune strength, digestive tissue integrity, and a healthy microbial balance in piglets.
Companies in the porcine plasma feed market are actively launching new products. In 2023, Purina Animal Nutrition, a US-based company specializing in feeds for various animals, introduced Purina EnduraSow and EnduraPig, novel feed additives aimed at enhancing sow performance and piglet respiratory health. These innovative feed additives have demonstrated positive outcomes, such as increased pigs weaned per sow per year during health challenges. Additionally, companies are engaging in strategic acquisitions to strengthen their position.
In May 2022, Darling Ingredients Inc., a US-based provider of sustainable natural ingredients, acquired Valley Proteins, a company involved in rendering and recycling animal by-products. This acquisition aims to fortify Darling Ingredients' business and provide additional low-carbon intensity feedstocks.
Major companies operating in the porcine plasma feed market report are 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, Hill's Pet Nutrition, Nestle Brazil Ltda, ADM, Affinity Petcare SA, Nestle Purina Arabia, Nestle Middle East, Bio-Pet Ltd., Tropikal Pet, Cagatay Pet Food, Nestle South Africa Pty Ltd., African Gazelle Products, Maneli Pets, RCL Foods, Mars Africa Pty Ltd., Martin & Martin Pty Ltd., PROMEAL.
North America was the largest region in the porcine plasma feed market in 2023. 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. The countries covered in the porcine plasma feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The main types of porcine plasma feed are powder, grain, and others. Powder-based porcine plasma feed involves the use of powder-based feed additives designed to improve performance and health. It is a hygienically obtained and veterinary-approved animal protein that dissolves easily, exhibiting excellent functional properties. Porcine plasma feed is applied in swine feed, pet food, aquafeed, and other applications. End-users of porcine plasma feed include farmers, farming organizations, feed additive companies, and providers of animal feed for pets.
The porcine plasma feed market research report is one of a series of new reports that provides porcine plasma feed market statistics, including porcine plasma feed industry global market size, regional shares, competitors with a porcine plasma feed market share, detailed porcine plasma feed market segments, market trends and opportunities, and any further data you may need to thrive in the porcine plasma feed industry. This porcine plasma feed market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The porcine plasma feed market consists of sales of peptides, biologically active components, transferrin. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Porcine Plasma Feed Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on porcine plasma feed market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for porcine plasma feed? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered: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
Key Companies Mentioned: Darling Ingredients Inc; Ridley Corporation Limited; APC Proteins; Essentia Protein Solutions; Daka Denmark A/S
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- 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
- Hill's Pet Nutrition
- Nestle Brazil Ltda
- ADM
- Affinity Petcare SA
- Nestle Purina Arabia
- Nestle Middle East
- Bio-Pet Ltd
- Tropikal Pet
- Cagatay Pet Food
- Nestle South Africa Pty Ltd
- African Gazelle Products
- Maneli Pets
- RCL Foods
- Mars Africa Pty Ltd
- Martin & Martin Pty Ltd
- PROMEAL
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.25 Billion |
Forecasted Market Value ( USD | $ 1.51 Billion |
Compound Annual Growth Rate | 4.9% |
Regions Covered | Global |
No. of Companies Mentioned | 41 |