Global Plasma Feed Market Overview:
Plasma feed includes the feed products that are involved in animal-derived plasma proteins as the feed ingredient. Blood plasma, is derived from blood of other pigs. It has several advantages such as emulsifying properties, water binding capacity, and palatability. The market for plasma feed has been escalating at the global level owing to the rise in demand for alternative protein sources in the feed industry. Factors such as the expansion of the pet population, customer attitudes toward their pets as a companion is driving the market growth.
- Growing Feed Production and Increasing Demand for Meat Production
- High Demand for Plasma Feed as a Replacement to Antibiotics
- Rising Adoption of Plasma Feed as Pet Food
- Rising Demand for High Quality Pet Food
- Need for Sustainability in the Food Production Process
- High Investment in Refining Technology as a Commercial Selling is hampering Market Growth
- Government Support and Investment in Animal Food Industry
- Stringent Regulatory Framework for Plasma Feed Production
The Global plasma feed is consolidated in nature as the major share is occupied by a few players at the global level with strategic collaborations and product launch carried out by the vendors. For instance, In June 2018, Essentia Proteins, Part of Lauridsen Group acquired Scanflavour (Denmark), which is engaged in the production of functional proteins and ingredients derived from pork. The acquisition would lead to the strengthening of the group’s market presence and strong establishment of its customer base.
Some of the key players profiled in the report are Darling Ingredients Inc. (United States), The Lauridsen Group Inc. (United States), SARIA Group (Germany), Sera Scandia (Denmark), Lican Food (Chile), Puretein Agri LLC. (United States), Veos Group (Belgium),, Kraeber & Co Gmbh (Germany), Rocky Mountain Biologicals (United States), Lihme Protein Solutions (Denmark), EcooFeed LLC (United States), FeedWorks (Australia) and Arkansas, Inc. (the United States),. Considering Market by Source, the sub-segment i.e. Porcine will boost the Plasma Feed market.
In October 2018, Darling Ingredients Inc. acquired assets of Triple - T Foods Arkansas, Inc. (the United States), including its pet food ingredient operations. The acquisition would help the company to expand its premium protein business for pet food.
According to the National Center for Biotechnology Information (NCBI), “pigs fed diets containing porcine plasma had greater average daily feed intake (ADFI) and average daily growth (ADG).”
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Plasma Feed 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 Plasma Feed 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 Plasma Feed Manufacturers, Industry Associations, Potential Investors, Marketing Firms, Livestock, Government and Regulatory Bodies 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.