Global Blood Meal for Poultry Feed Market, By Process (Solar Drying, Drum Drying, Ring and Flash Drying, Spray Drying), Application (Animal Feed and Fertilizers), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Blood Meal for Poultry Feed Market
The blood meal for poultry feed market is expected to witness market growth at a rate of approximately 4.20% in the forecast period of 2021 to 2028 and is expected to reach USD 1.20 billion by 2028. Data Bridge Market Research report on blood meal for poultry feed market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing demand for animal nutrition is escalating the growth of blood meal for poultry feed market.
The dry powder is made by drying the animal blood where the blood meal is inert that is collected from animals which are killed and used for various applications. The product is utilized as a protein source for animal feed and it is known to be one of many ingredients that a nutritionist uses to formulate a complete feed. The finished product with high nitrogen is used in organic farming. Blood which is a perishable product is processed and collected throughout the slaughtering of pigs, cattle, chicken and others. The blood is then dried and processed into blood meal so that it can be incorporated and handled into rations.
The rise in the rate of consumption of animal-based products in emerging nations because of urbanization and their extensive use as consumption of animal-based products in emerging because of its nitrogen-rich and organic properties act as the major factors driving the blood meal for poultry feed market. The inclination towards blood in the form of liquid protein over plant-based protein because of its high protein content and amino acids content such as lysine and the increasing demand for animal meat as well as animal-based products accelerate the blood meal for poultry feed market growth. The use of blood meal as natural fertilizer as it is known to be one of the non-synthetic sources of nitrogen, the rise in trend of ‘move to organic’ and its utilization for scattering herbivorous animals also influence the blood meal for poultry feed market. Additionally, high demand for animal proteins, surge in disposable incomes, rapid urbanization, growth in population, increase in the slaughter of animals and demand for natural feed ingredients positively affect the blood meal for poultry feed market. Furthermore, increase in demand for nutritional supplements for monogastric animals extends profitable opportunities to the blood meal for poultry feed market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the raw material and operations and the implementation of stringent regulations and norms are the factors expected to obstruct the blood meal for poultry feed market growth. The rise in concerns regarding the quality of feed additive products manufactured by Asian companies is projected to challenge the blood meal for poultry feed market in the forecast period of 2021 to 2028.
This blood meal for poultry feed market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on blood meal for poultry feed market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Blood Meal for Poultry Feed Market Scope and Market Size
The blood meal for poultry feed market is segmented on the basis of process and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of process, the blood meal for poultry feed market is segmented into solar drying, drum drying, ring and flash drying and spray drying.
- On the basis of application, the blood meal for poultry feed market is segmented into animal feed and fertilizers.
Global Blood Meal for Poultry Feed Market Country Level Analysis
The blood meal for poultry feed market is analyzed and market size, volume information is provided by country, process and application as referenced above.
The countries covered in the global blood meal for poultry feed market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the blood meal for poultry feed market due to the increase in disposable incomes, expansion of the feed industry, high consumption of meat products and rise in urbanization. North America and Europe are expected to witness significant growth during the forecast period of 2021 to 2028 because of the increasing demand for organic products and growing consumption of livestock products such as eggs, meat and milk in the region.
The country section of the blood meal for poultry feed market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Blood Meal for Poultry Feed Market Share Analysis
The blood meal for poultry feed market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to blood meal for poultry feed market.
The major players covered in the blood meal for poultry feed market report are Ridley Corporation Limited, Allanasons Pvt Ltd, The Boyer Valley Company, Inc., FASA, Sanimax Industries Inc., APC Company, Inc., Apelsa Guadalajara, Terramar, West Coast Reduction Ltd., Valley Proteins, Inc., The Fertrell Company, Agro-industrial Complex Backa Topola LTD, Easy Gardener Products, NORDFEED, Jakom, SK-PSD, MoistTech among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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