Global Porcine Plasma Feed Market, By Application (Swine Feed, Pet Food, Aquafeed, and Others), End-User (Farmers, Farming Organizations, Feed Additive Companies, and Users of Animal Feed for Pets) – Industry Trends and Forecast to 2031.
Porcine Plasma Feed Market Analysis and Size
In the burgeoning porcine plasma feed market, the utilization of porcine plasma powder signifies a significant advancement. This nutrient-rich ingredient enhances animal health and growth, ensuring optimal performance in swine production. Its inclusion in feed formulations delivers tangible benefits, such as improved digestibility, immune support, and overall growth efficiency, underscoring its indispensable role in modern livestock nutrition.
The global porcine plasma feed market size was valued at USD 1.22 billion in 2023, is projected to reach USD 1.88 billion by 2031, with a CAGR of 5.50% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Application (Swine Feed, Pet Food, Aquafeed, and Others), End-User (Farmers, Farming Organizations, Feed Additive Companies, and Users of Animal Feed for Pets)
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Countries Covered
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U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America
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Market Players Covered
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Apcproteins. (U.S.), SARIA A/S GmbH & Co. KG (Germany), Sera-Scandia A/S (Denmark), Lican Food (Chile), PURETEIN AGRI LLC. (U.S.), Veos (Belgium), Kraeber & Co Gmbh (Germany), Ridley Corporation Limited (Australia), Allanasons Pvt Ltd (India), Rocky Mountain Biologicals (U.S.), Lihme Protein Solutions (Denmark), Ekofood (U.S.) and FeedWorks Pty. Ltd. (Australia), Darling Ingredients (U.S.), Nutreco (Netherlands), West Coast Reduction Ltd. (U.S.), Valley Proteins, Inc. (U.S.), and FASA Group (Brazil)
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Market Opportunities
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Market Definition
Porcine plasma feed is a nutritional supplement derived from the blood of pigs. It is rich in proteins, amino acids, and other essential nutrients crucial for animal growth and health. Added to livestock diets, it enhances growth performance, immune function, and overall health. Its bioavailability and digestibility make it a valuable component in animal nutrition, particularly for young or stressed animals.
Porcine Plasma Feed Market Dynamics
Drivers
- Increased Demand For High Quality Pet Food
The growing demand for premium pet nutrition is propelling growth in the market, particularly in the incorporation of animal-derived spray dried porcine plasma into canned pet food. Its rich protein content and favorable physicochemical properties make it a preferred ingredient. This increased acceptance is driving demand for higher quality pet food, exemplified by brands offering plasma-enriched formulations to cater to discerning pet owners.
- Rise in Swine Production
The global demand for pork is steadily increasing, leading to a surge in swine production. This rise in production necessitates effective strategies to optimize growth and health in pigs. As a result, there's a rising need for feed additives such as porcine plasma, renowned for its abundance of vital nutrients and antibodies. These additives play a crucial role in promoting piglet health and optimizing growth rates, fulfilling the industry's quest for effective production solutions.
Opportunities
- Increased Focus on Animal Welfare
Increasing consumer awareness regarding animal welfare drives a discernible preference for feed additives that prioritize animal health. This trend reflects a growing societal emphasis on ethical treatment of animals in agricultural practices. Porcine plasma stands out as a natural and safe porcine blood plasma ingredient in this regard. For instance, its inclusion in piglet feed formulations supports optimal growth and health. It addresses consumer concerns about the well-being of animals raised for pork production while ensuring high-quality nutrition.
- High Nutritional Value Creates Demand
Porcine plasma offers a wealth of essential nutrients crucial for piglet growth and health. Packed with proteins, immunoglobulins, and growth factors, it optimizes development and supports immune function. For instance, the presence of antibodies aids in combating diseases such as porcine epidemic diarrhea virus (PEDV), ensuring healthier herds. This nutrient-rich composition makes porcine plasma a valuable component in piglet feed formulations.
Restraints/Challenges
- Regulatory Restrictions on Animal-Derived Feed
Stringent regulations on animal-derived feed additives, such as porcine plasma, hinder market expansion due to disease transmission and food safety concerns. Regulatory bodies enforce strict guidelines to safeguard animal and human health, potentially limiting the use of such products. Compliance with these regulations necessitates thorough safety protocols and may increase production costs, constraining market accessibility and growth potential.
- Fluctuations in the Cost of Porcine Plasma
The porcine plasma feed market faces price volatility, influenced by shifts in demand, production hurdles, and trade dynamics. Fluctuations can disrupt affordability and profitability for feed producers, necessitating agile strategies to manage costs effectively. Such instability underscores the importance of diversified sourcing strategies and risk management practices to mitigate the impact on feed formulation economics.
This 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 the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In October 2022, Grifols inaugurated a new albumin purification and filling facility in Dublin, Ireland, enhancing its global production and supply capabilities. The strategic move bolsters Grifols' position in the biopharmaceutical industry, signaling its commitment to innovation and meeting the growing demand for plasma-derived therapies on a worldwide scale
- In September 2022, CSL Behring K.K. obtained manufacturing and marketing approval from Japan's Ministry of Health, Labour, and Welfare for Berinert S.C. Injection 2000. This lyophilized human C1-esterase inhibitor concentrate for subcutaneous injection offers a vital treatment option for preventing acute hereditary angioedema attacks, addressing significant medical needs, and improving patient outcomes
- In April 2022, Takeda Pharmaceutical Company Limited completed its acquisition of Shire Plc, significantly expanding its product portfolio and market presence in plasma-based therapeutics. This strategic acquisition reinforces Takeda's commitment to advancing healthcare through innovation and strengthens its position in the competitive plasma market, driving future growth and development opportunities
Porcine Plasma Feed Market Scope
The market is segmented on the basis of application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Swine Feed
- Pet Food
- Aquafeed
- Others
End-User
- Farmers
- Farming Organizations
- Feed Additive Companies
- Users of Animal Feed for Pets
Porcine Plasma Feed Market Regional Analysis/Insights
The market is analyzed and market size insights and trends are provided by country, application, and end-user as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.
Asia-Pacific is estimated to register significant growth in the market. The increasing demand for animal-based products, including porcine blood plasma feed, coupled with high slaughter rates of animals in various Asia-Pacific countries, drives this growth within the forecasted period.
North America is expected to dominate the market due to the need for antibiotic replacement in feed and a robust market for organic meat. This trend compels farmers to opt for natural ingredients, driving the region's leadership in the forecasted period.
The country section of the 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 down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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.
Competitive Landscape and Porcine Plasma Feed Market Share Analysis
The 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 the market.
Some of the major players operating in the market are:
- Apcproteins (U.S.)
- SARIA A/S GmbH & Co. KG (Germany)
- Sera-Scandia A/S (Denmark)
- Lican Food (Chile)
- PURETEIN AGRI LLC. (U.S.)
- Veos (Belgium)
- Kraeber & Co Gmbh (Germany)
- Ridley Corporation Limited (Australia)
- Allanasons Private Limited (India)
- ROCKY MOUNTAIN BIOLOGICALS (U.S.)
- Lihme Protein Solutions (Denmark)
- Ekofood (U.S.)
- FeedWorks Pty. Ltd. (Australia)
- Darling Ingredients (U.S.)
- Nutreco (Netherlands)
- West Coast Reduction Ltd. (U.S.)
- Valley Proteins, Inc. (U.S.)
- FASA Group (Brazil)
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