Global Blood Meal Market Overview:
A feed is that the dry powder style of blood. A feed is considered one among the made sources of protein furthermore as nitrogen. A feed is therefore used as a supplement in animal feed products furthermore as plant food. A feed is one among the absolute best non-synthetic sources of nitrogen and hence is employed as natural plant food. Bone meal, blood meal, and alternative animal by-products are licensed in certified organic production, chiefly as soil amendments.
- Rising Demand for Protein-Rich Feed Additives
- Increase in the Slaughter of Animals Due to Rising Demand for Meat
- Stringent Government Regulation about Animal Slaughter and Fluctuating Prices of Blood Meal Raw Material
- Increasing Demand for the High Nitrogen Content Fertilizer Ingredients like Blood Meal
- Increasing Investment in Animal Farming and Livestock Management
- The Lack of Awareness and Unwillingness to Accept A Feed Ingredient Derived From Blood
The global market for the Blood Meal is fragmented by key players owing to the rising demand for livestock feed options with rich nutritional content and easy storage. The players should focus on different aspects of the blood products and also product development for the usage of blood meal and high content of nitrogen in fertilizers for higher plant yield.
Some of the key players profiled in the report are Darling Ingredients Inc (United States), Terramar (Chile), Valley proteins Inc. (United States), West Coast Reduction Ltd. (United States), Allana Group (India), Boyer Valley (United States), FASA Group (Brazil), Sanimax (Canada), APC, Inc. (United States), Apelsa Guadalajara S.A. de C.V (Mexico) and Ridley Corporation (Australia). Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Blood Meal market. Considering Market by Source, the sub-segment i.e. Porcine Blood will boost the Blood Meal market. Considering Market by Drying Process, the sub-segment i.e. Solar Drying will boost the Blood Meal market.
Latest Market Insights:
In 2020, Darling Ingredients Inc. acquired EnviroFlight, LLC, a leading developer of the animal feed industry. This acquisition will provide the expertise of Darling Ingredients Inc. and Product Speciality of EnviroFlight, LLC to the Collaboration an environmentally friendly, toxin-free, sustainable source of high-value nutrients.
What Can be Explored with the Blood Meal Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Blood Meal Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Blood Meal
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Blood Meal market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Blood Meal market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Blood Meal Manufacturer, Distributor/Supplier, Research Institutes, End-User Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Blood Meal Market?
The Blood Meal market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Blood Meal Market?
Top performing companies in the Global Blood Meal market are Darling Ingredients Inc (United States), Terramar (Chile), Valley proteins Inc. (United States), West Coast Reduction Ltd. (United States), Allana Group (India), Boyer Valley (United States), FASA Group (Brazil), Sanimax (Canada), APC, Inc. (United States), Apelsa Guadalajara S.A. de C.V (Mexico) and Ridley Corporation (Australia), to name a few.
3. What trending factors would impact Blood Meal Market growth most?
"Addition of organic and Nutritional Ingredients as Product development
" is seen as one of major influencing trends for Blood Meal Market during projected period 2020-2026.