Protein Ingredients Market to Showcase Continued Growth in the Coming Years

 The report "Protein Ingredients Market by Source (Animal and Plant), Form (Dry and Liquid), Application (Food & Beverages, Animal Feed, Pharmaceuticals, and Cosmetics & Personal Care), and Region (NA, EU, APAC, SA, RoW) - Global Forecast to 2025", The global protein ingredients market size is estimated to be valued at USD 52.5 billion in 2020 and projected to reach USD 70.7 billion by 2025, at a CAGR of 6.1%. The major factors driving the protein ingredients market include the increase in demand and consumption of functional food & beverages, growing consumer awareness about healthy diets among people, and increasing demand for protein as nutrition and functional ingredients.

Report Objectives:

• Determining and projecting the size of the protein ingredients market with respect to form, source, application, and region over five years from 2020 to 2025
• Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions
• Analyzing the demand-side factors based on the following:
• Impact of macro- and micro-economic factors on the market
• Shifts in demand patterns across different subsegments and regions
• Recognizing the key drivers and restraints impacting the global market
• Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• Analyzing the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market

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OPPORTUNITY: The growing potential of dairy and plant proteins

There is a huge potential for the growing protein ingredients market in the near future, especially dairy and plant proteins. Dairy protein suppliers can continue to benefit from the trend towards more functional products, and the increased consumer interest in the nutritional value of products. Dairy proteins are known to possess a wide range of functional properties, including thickening & emulsification, gelling, foaming, heat stabilization, and flavor/color development. Their high nutritional quality and versatile, functional properties enable their usage in dairy desserts, nutritional beverages, ice cream, yogurt, spreads, confectionery, and baked goods.

CHALLENGE: Demand-based price fluctuations in cropping pattern

Even though the prices of soy proteins are comparatively lower than most of the proteins, the supply can prove to be a significant factor in price escalation. The raw material for soy protein ingredients is soy meal, which is also highly demanded by the feed industry. Unless there is no drop in the cultivation area under soybeans, the supply is expected to remain unfazed for both feed and protein manufacturers.

The Asia Pacific is projected to be the fastest-growing during the forecast period

Asia Pacific is the fastest-growing region in the global protein ingredients market. The market in the region is driven by an increase in population growth, especially in countries such as China and India. Further, a rise in demand for healthy food products having a high nutritional value such as soy, wheat, and vegetable protein is driving the market in this region.

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This report includes a study of the marketing and development strategies used, along with the product portfolios of leading companies. It consists of the profiles of leading manufacturers such Cargill (US), ADM (US), DuPont (US), Kerry Group (Ireland), Omega Protein Corporation (US), Friesland (Netherlands), Fonterra (New Zealand), Arla Foods (Denmark), AMCO (US), Roquette (France), Gelita AG (Germany), Kewpie Corporation (Japan), AGRANA (Austria), AMCO Proteins (US), Hilmar Ingredients (US), Axiom Foods (US), and Burcon Nutrascience (Canada).

Recent Developments:

• In May 2020, Cargill and Procter & Gamble collaborated to introduce nature-powdered innovation, fueling the future for more powerful products.
• In October 2019, Cargill announced plans to invest $USD 225 million at a facility in Sydney, Ohio, to better serve area farmers and meet the growing demand for protein and refined oils.
• In November 2017, ADM expanded its ingredient portfolio with the launch of Nutriance, a range of wheat protein concentrates having applications in sports and geriatric nutrition.
• In August 2018, ADM opened a new technical innovation center in Shanghai for flavor and ingredient creation.
• In March 2019, Dupont unveiled its plant protein nuggets through its SUPRO and TURPRO product ranges.

Oryzenin Market: Growth Opportunities and Recent Developments

The report “Oryzenin Market by Type (Isolates, Concentrates), Application (Bakery & Confectionery, Meat Analogs & Extenders, Sports & Energy Nutrition, Dairy Alternatives, Beverages), Form (Dry, Liquid), and Region – Global Forecast to 2022″, is estimated at USD 88.2 Million in 2016 and is projected to reach USD 198.2 Million by 2022, at a CAGR of 14.5% during the forecast period. The market is driven by factors such as the increasing demand for rice protein due to its functional properties, growth in consumption of plant protein, cost-effectiveness of plant protein as compared to animal protein, and the increasing awareness among consumers towards the importance of protein.

On the basis of application, the oryzenin market was led by sports & energy nutrition, followed by beverages, in 2015. Sports & energy nutrition was the leading segment, owing to the increase in the consumption of sports & energy drinks due to the trend of healthy living among consumers. The application of oryzenin in sports & energy nutrition is attributed to its high amino acid profile and branched chain amino acids (BCAAs), which are essential for athletes and bodybuilders for muscle recovery. Oryzenin increased lean body mass skeletal muscle hypertrophy, power, and strength similar to whey protein. This segment has potential for growth in the near future, with increasing application of oryzenin as a nutrition enhancer in food products.

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On the basis of form, the dry segment accounted for a larger market share in 2015. The dry form dominated the oryzenin market as it is easy to handle and can be transported easily with lower expenses, which has increased the demand for dry oryzenin powder. In addition, the liquid form needs further processing to be extracted from the dry form, thus increasing the investment.

The rapid growth of economies in Europe has led to the increase in demand for protein. This factor has resulted in the growth of low-cost protein sources such as vegetable proteins that can be used as substitutes for other protein ingredients. European consumers are emphasizing more on healthier lifestyles; hence, protein product manufacturers need to focus on reducing consumer fears concerning its allergies and safety issues. Gluten is found to cause allergies and it has been estimated that up to 90% of protein in wheat is gluten. Amongst northern European consumers, 30% carry genes for gluten intolerance. This creates tremendous opportunity for other sources of proteins which are free from gluten such as rice protein.

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This report includes a study of development strategies, along with the product portfolios of the leading companies in the oryzenin market. The key companies profiled are Axiom Foods, Inc. (U.S.), AIDP Inc. (U.S.), RiceBran Technologies (U.S.), Kerry Group plc (Ireland), and BENEO GmbH (Germany). The other players of the oryzenin market are Ribus, Inc. (U.S.), Green Labs LLC (U.S.), Golden Grain Group Limited (China), Shaanxi Fuheng (FH) Biotechnology Co., Ltd. (China), and Bioway (Xi’An) Organic Ingredients Co., Ltd. (China).

Targeted Audience:

• Supply side: Oryzenin manufacturers, suppliers, formulators, traders, distributors, and suppliers
• Demand side: Plant protein manufacturers, food processing industries, whey producers, large sports drink manufacturing companies, and researchers
• Regulatory side: Organizations such as the Food and Drug Administration (FDA), European Food Safety Authority (EFSA), United States Department of Agriculture (USDA), and Food Standards Australia New Zealand (FSANZ)

Growth Opportunities in the Humic-based Biostimulants Market

 The report "Humic-based Biostimulants Market by Type (Humic Acid, Fulvic Acid, and Potassium Humate), Mode of Application (Foliar Treatment, Seed Treatment, and Soil Treatment), Formulation, Crop Application, and Region - Global Forecast to 2025", size is estimated to account for a value of USD 515 million in 2020 and projected to grow at a CAGR of 10.5% from 2020, to reach USD 848 million by 2025. Factors such as the rise in demand for products which enhance the crop productivity and increase in the adoption of sustainable solutions like organic farming to meet the consumers demand with changing lifestyle is projected to drive the growth of the humic-based biostimulants market.

COVID-19 impact on Humic-based biostimulants market

The humic-based biostimulants market includes major Tier I and II suppliers like Novihum Technologies GMBH ( Germany), Humintech GMBH (Germany), Qingdao Future Group (China), Promisol (Spain), and Bioline (Canada). These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. The impact of the COVID-19 pandemic on the humic-based biostimulants market has been minimal, especially because of supply chain disruption. Many consumers have adopted a healthy lifestyle during the outbreak of COVID-19, because of which the demand for organic food products has gained more traction; hence the demand for biological inputs has boosted. The barriers imposed by the government have although not affected the agriculture sector much, with the manufacturing plants running seamlessly even during lockdowns. Therefore the biostimulants which are combined with fertilizers have gained more market.

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By crop type, the cereals segment is projected to be the fastest-growing segment in the Humic-based biostimulants market during the forecast period.

Cereals, such as wheat and rice, are the staple food crops in many countries, especially n Asian countries. Southeast countries like Vietnam, Indonesia consume rice in abundance, and this trend is projected to continue in the coming years. With the increasing population in the Asia-Pacific region, the demand for increased cereals production is gaining more interest. To enhance the crop productivity, farmers are willing to adopt new innovative technologies like humic-based biostimulants, which will aid the plant growth and drive the economy.

By type, the humic acid segment is projected to dominate the Humic-based biostimulants market during the forecast period.

Humic acid is easily available in the humic matter of soils. It increases the microbial activity in the soils, improving the soil health. It also enables the uptake of nutrients, absorption of water, and also fights against various pests. For instance, in crops like potato, humic acid increases the tuber count and size of the crop.   Therefore, the humic acid segment is projected to grow in the future.

Asia Pacific is projected to grow at the highest CAGR during the forecast period.

The market for humic-based biostimulants in the Asia Pacific region is projected to grow at the highest CAGR from 2020 to 2025. Regions like China, India are major producers and exporters of high-value crops like fruits and vegetables. Therefore, the growth in such regions is mainly due to the increase in the cultivation of high-quality products/organic food products, compelling the farmers to shift to organic input consumption for crop production. The demand to meet the rising population is also one of the major factors driving the demand for humic-based biostimulants in the Asia Pacific region.

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This report includes a study on the marketing and development strategies and a study on the product portfolios of the leading companies operating in the humic-based biostimulants market. It consists of the profiles of leading companies like Bayer AG (Germany), FMC Corporation (US), UPL Ltd(India), Borregaard (Norway), Koppert Biological Systems (Netherlands), Valagro SpA (Italy), Biolchim SpA (Italy), Haifa Group (Israel), Sikko International Ltd (India), Novihum Technologies GMBH ( Germany), Humintech GMBH (Germany), Qingdao Future Group (China), Promisol (Spain), Bioline (Canada), Humic Growth Solutions (Florida), Actagro (US), Rovensa (Portugal), Tagrow (China), CIFO (Italy) and Loveland (US).

Upcoming Growth Trends in the Meat Starter Cultures Market

 According to MarketsandMarkets, the "Meat Starter Cultures Market by Application (Sausages, Salami, Dry-cured meat, and Others), Microorganism (Bacteria, and Fungi), Composition (Multi-strain mix, Single strain, and Multi-strain), Form, and Region - Global Forecast to 2025" size is estimated to be valued at USD 62 million in 2020 and projected to reach USD 76 million by 2025, recording a CAGR of 3.9%, in terms of value. The functional properties of meat starter cultures and their benefits while incorporation in a wide range of applications are driving the global meat starter cultures market.

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Market Dynamics:

Drivers: Consumer inclination toward food products with higher shelf-life

The food & beverage industry has witnessed emerging trends in recent years, and this is evident from the innovations and developments taking place in the packaged food segment. Packaged convenience food products have been increasingly becoming an integral part of the daily consumption around the world, especially in the North American and European regions. Busier lifestyles of consumers have been driving growth in convenience foods, and the food manufacturers have been dynamic in investing in the production of new products that could meet the rising consumer demand for packaged convenience food products.

Packaging offers protection and resistance against microbial (bacteria and fungi) growth, which results in food-borne illnesses otherwise. The shelf-life of food products also increases considerably. The packaged food products also ensure that food safety and quality are tested before it is consumed, according to the details provided on the package. These also provide the microbial safety of food products before they are kept for storage in inventories or handled during transportation. Moreover, packaged food augments the shelf-life of food products and mitigates food wastage. According to RTS, an innovative commercial waste management organization, around 40% of food is wasted in the US every year. However, developing countries such as China and India are also among the countries with major food wastage, globally.

Challenges: Lack of proper technology for the usage and monitoring of meat starter cultures in developing regions

The meat starter cultures market is highly consolidated in the emerging markets across Asia, Africa, and South America. The usage of meat starter cultures in small & medium enterprises has been a challenge due to lack of resources or the technology and facilities required to monitor high-quality meat starter cultures. Moreover, the selection of the right composition of starter culture is a key aspect that many companies have not figured out perfectly. This selection plays a crucial role in sustaining the flavor and texture of meat applications. The type of bacteria used (thermophilic or mesophilic) also plays a key role in the overall property of the meat products. The selection of the right composition of meat starter culture is a complex method that requires validation at a laboratory level and factory-scale. Lack of awareness among experts on the characteristics of the strain can lead to huge production losses, and hence, this factor has been posing as a major challenge for the meat starter culture market. Adequate training provided to the professionals in regard to the product functions and characteristics can help the manufacturers attain the desired quality end-product, with minimal production losses. Furthermore, the use of meat starter cultures requires advanced technology such as microbial count monitoring devices, pH measuring devices, and devices to determine bacterial community composition. Thus, the lack of these devices and huge initial set-up costs involved poses as a challenge for the use of meat starter cultures in developing countries.

The bacteria segment is projected to account for a major share in the meat starter cultures market during the forecast period

By microorganism, the meat starter cultures market is segmented into bacteria and fungi. Bacteria has been the most widely used microorganism as a starter culture, due to its large-scale application in meat products. Lactic acid bacteria (LAB) and coagulase-negative staphylococci (CNS) are the most commonly used bacteria-based starter cultures in the industry. These are the main microorganisms used in meat products in order to prohibit pathogens and spoilage microorganisms during the pre- and post-processing of meat products. Therefore, this segment is projected to grow at a higher CAGR of 4.0% during the forecast period.

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Europe is projected to account for the largest market share during the forecast period

Europe has been a major contributor to the growth of the processed meat industry, as a huge percentage of consumers have been inclined toward packaged meat applications such as sausages, salami, and dry-cured meat. The busier lifestyles of consumers in Western European countries such as Germany, the UK, France, and Italy have been propelling the demand for meat products with higher shelf-life. Therefore, augmenting the demand for meat starter cultures in this region. The European region consists of some of the major manufacturers from the meat starter culture market, such as Chr. Hansen (Denmark), DSM (Netherlands), Kerry Group (Ireland), Biochem SRL (Italy), and Sacco SRL (Italy). These key players have been bolstering the usage of meat starter cultures in this region by offering technologically advanced equipment for monitoring and usage of meat starter cultures.

Key Market Players:

Chr. Hansen (Denmark), DSM (Netherlands), Kerry (Ireland), DuPont (US), Frutarom (Israel), Galactic (Belgium), Lallemand (Canada), Proquiga (Spain), Westcombe (UK), Biochem SRL (Italy), RAPS GmbH (Germany), DnR Sausages Supplies. (Canada), Sacco System (Italy), Canada Compound (Canada), Biovitec (France), Genesis Laboratories (Bulgaria), Meat Cracks (Germany), THT S.A. (Belgium), Stuffers Supply Co. (Canada), MicroTec GmbH (Germany), and Codex-Ing Biotech (US).

Recent Developments:

• In July 2018, DuPont (US) expanded its research & development division by setting up an innovation and application system in Japan. This would serve as a hub for food developments that will allow markets to leverage strong innovation capabilities.
• In January 2019, Chr. Hansen (Denmark) launched a new starter culture in extension to its Bactoferm Series to primarily offer color, color stability, and development of flavor in dried, cured meats, such as dried sausages as per the rising demand in the North American and European regions.

Growth Opportunities in the Trace Minerals in Feed Market

The global Trace minerals in feed market size is estimated to be valued at USD 472 million in 2020 and is expected to reach a value of USD 608 million by 2025, growing at a CAGR of 5.2% during the forecast period. Factors such increase in the production of compound feed, increase in demand for animal protein in human diet, the growing importance of animal nutrition in livestock productions has driven the market for trace minerals into further growth. 

COVID-19 Impact on the Trace minerals in feed Market: 

COVID-19 impact on the feed consumption has directed affected the consumption of meat and livestock products and byproducts, such as milk, eggs. This is majorly due to feed supply shortages as a resut of the shutdown of many facilitirs and completed lockdown in majority of the important countries.

Moreover, there is an increased skeptism among consuemrs towards the consumption of poultry products due to the scare of the virus (COVID-19) getting transmitted to humans through the consumption. This has reduced the demand of animal feed in the global market. 

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However, trace minerals such as zinc are extremely essential in the diet of animals as well as humans to ensure optimum health. Zinc works as an antiviral agent by preventing the replication of RNA viruses. It does this by inhibiting RNA-dependent RNA polymerase (RdRP), an enzyme that causes the replication of RNA viruses, like the coronavirus or many others that are known to affect livestock and poultry. In addition to zinc, the trace minerals selenium, copper and manganese are required by the body and play a role in the adaptive and innate immune functions of animals. 

Opportunity: Increase in the bioavailability of trace minerals

Bioavailability refers to the proportion of nutrients in food products, which is absorbed and utilized by the body of animals. In addition, utilization is the process of transportation, cellular assimilation, and conversion to a biologically active form. With the permissible limits being imposed on the use of trace elements in feed to reduce environmental risks, livestock farmers have not been able to improve feed conversion efficiency in livestock without providing a higher dosage of mineral supplements, as these elements are not easily absorbed by the digestive systems of animals. However, high demand is expected from unorganized livestock farmers and cooperative societies in developing countries. Therefore, manufacturers are developing techniques to supply these inorganic trace elements in organic forms, which would increase the bioavailability of these compounds and improve the productivity of livestock. The most commonly available trace elements in the organic form include copper, zinc, selenium, and chromium. The awareness about the benefits of organic mineral chelates among farmers is essential to bring a significant shift in the market demand for mineral supplements. 

Challenge : High prices associated with trace minerals as an additive 

Feed products are one of the major factors that add to the overall cost of livestock production. It accounts for nearly 70% of the total livestock production cost. According to the FAO, of the total feed of cost, 95% is used to meet the energy and protein requirements of the livestock, 3%–4% is used for major mineral, trace mineral, and vitamin requirements, and 1%–2% for other feed additives. Feed manufacturers assemble various cereals and their by-products, amino acids, vitamin & mineral supplements, and feed additives on a low-cost basis by taking into consideration the nutrient contents and the unit cost of each of these products.

The raw material prices for mineral sources, such as zinc and copper, tend to fluctuate based on movements in the London Metal Exchange (LME) or due to high import duties imposed in specific countries. In certain cases, a limited supply of scrap material also pushes the prices of raw materials up, which, in turn, leading to an increase in the prices of trace minerals. These high prices usually lead to the low adoption of these minerals by livestock breeders .The iron segment of the trace minerals in feed market is projected to account for the largest share, by type

Amino acids, by chelate type, is estimated to account for the largest market share during the forecast period

Amino acids are considered an ideal chelator due to their ability to be easily absorbed in the animal body. This is due to the attachment of amino acids to the mineral molecules that create a more stable structure, which helps the minerals survive in the acidic environment of the stomach. Furthermore, trace minerals are protected from various bacteria present in the body of animals, and enzymes are unable to degrade it. It also inhibits the antagonistic action between metal ions and decreases the breaking down of vitamins in the feed. This is due to their ability to be easily absorbed in the body for the normal functioning of protein synthesis. This increases the absorption of minerals directly in the intestinal wall, along with amino acid ligands, to which they are bonded.

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Europe is the fastest-growing market during the forecast period in the global Trace minerals in feed market

The European market is one of the largest consumers of trace minerals in feed and is growing at a moderate rate. The wide-scale use of trace minerals in European animal nutrition is attributed to the European Commission’s focus on reducing input costs and enhancing animal health in the early stages of growth. The use of trace minerals in animal nutrition depends on factors such as cost-effectiveness, availability, policies, and regulations. Favorable conditions, such as rules pertaining to the use of feed materials, requirements for feed hygiene, and regulations pertaining to undesirable substances in feed set by the European Commission, have had a positive impact on the feed industry, which is projected to drive the growth of the trace minerals in feed market in Europe.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the Trace minerals in feed market. It consists of the profiles of leading companies such Cargill, Incorporated (US), (US), BASF SE (Germany), Bluestar Adisseo Co., Ltd (China), Koninklijke DSM N.V. (Netherlands), Nutreco N.V. (Netherlands), Alltech (US), Zinpro (US), Orffa (Netherlands), Novus International (US), Kemin Industries, Inc. (US), Lallemand, Inc. (Canada), Virbac (France), Global Animal Nutrition (US), Dr. Paul Lohmann Gmbh & Co. KGAA (Germany), Biochem Zusatzstoffe (Germany), Veterinary Professional Services Ltd. (Vetpro) (New Zealand), Chemlock Nutrition Corporation (US), dr. eckel animal nutrition gmbh & co.kG (Germany), Vetline (India), Green Mountain Nutritional Services Inc. (US), Biorigin (Brazil), Tanke (China), JH Biotech, Inc. (US), QualiTech, Inc. (US)..

Upcoming Growth Trends in the Artificial Grass Market

The report "Artificial Grass Market by Installation (Flooring, Wall Cladding), Fiber Base Material (Polyethylene, Polypropylene, Nylon), Application (Contact Sports, Non-contact Sports, Leisure, Landscaping), Infill Material, and Region - Global Forecast to 2022", The artificial grass market is estimated to be valued at USD 3.20 Billion in 2017 and is projected to reach USD 4.45 Billion by 2022, at a CAGR of 6.8% during the forecast period. The market is driven by factors such as increased applications in the landscaping space, replacement of natural grass with artificial grass in sports fields, and growing popularity of various sports in different regions.

Objectives of the study are as follows:

• To define, segment, and project the global market size with respect to application, installation, fiber base material, infill material, and key regions
• To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze the opportunities in the market for stakeholders and provide the competitive landscape of the market leaders
• To project the size of the market and its submarkets, in terms of value and volume, with respect to the regions (along with the key countries)
• To strategically profile the key players and comprehensively analyze their market position and core competencies
• To analyze the competitive developments such as expansions & investments, mergers & acquisitions, and new product developments in the artificial grass market

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Based on installation, the market has been segmented into flooring and wall cladding. The flooring segment dominated the market in terms of both value and volume in 2016. Rising popularity and acceptance of synthetic sports fields for indoor as well as outdoor sports, along with extended applications in landscaping are the key factors that drive the flooring segment in the artificial grass market. In developed countries, the backing of advanced technologies with regard to product development and sports infrastructure development has fueled the demand for artificial grass.

Based on fiber base material, the market has been segmented into polyethylene, polypropylene, and nylon. The polyethylene segment is estimated to account for the largest share of the market in 2017. It is widely preferred by various artificial grass manufacturers due to due to its durability, softness, and resiliency, which is required for technically demanding contact sports pitches.

Based on application, the artificial grass market has been segmented into contact sports, non-contact sports, landscaping, and leisure. The contact sports segment is estimated to be the largest segment in 2017 and this trend is expected to continue through the forecast period owing to factors such as the increase in number of football pitches across the world, increase in investments in hockey in countries such as India, and growth in popularity of American football in the US.

In 2017, Europe is estimated to account for the largest share of the artificial grass market. Factors such as the presence of leading artificial grass manufacturers that operate on a global scale such as Tarkett (France), SportGroup (Germany), Victoria PLC (UK), and SIS Pitches (UK) have boosted the demand for artificial grass in the European market. Furthermore, advanced technologies and supporting infrastructure for promoting sports, especially football, also fuels the artificial grass market growth in this region.

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This report includes a study of the marketing and development strategies, along with the product portfolios of the leading companies. It includes the profiles of leading companies such as DowDuPont (US), Tarkett (France), Controlled Products (US), Shaw Industries Group (US), and Victoria PLC (UK). Other players include Act Global (US), SportGroup (Germany), TigerTurf (New Zealand), SIS Pitches (UK), Matrix Turf (US), Nurteks Hali (Turkey), Soccer Grass (Brazil), Limonta (Italy), Sportlink (Brazil), and El Espartano (Argentina).

Target Audience:

• Artificial grass manufacturers and equipment suppliers
• Artificial grass traders, distributors, importers, exporters, and suppliers
• Yarn manufacturers
• Commercial research & development (R&D) organizations, turf recycling organizations, and financial institutions
• Artificial grass installers, infill solution providers, architects, sports field engineers, and polymer manufacturers

Sustainable Growth Opportunities in the Plasma Feed Market

The report “Plasma Feed Market by Source (Porcine, Bovine, and Others), Application (Swine Feed, Pet Food, Aquafeed, and Others (Includes Ruminant and Poultry Feed)), Region (North America, Europe, Asia Pacific, and Rest of the World) – Global Forecast to 2025″, The plasma feed market is projected to reach USD 2.9 billion by 2025, from USD 2.1 billion in 2019, at a CAGR of 5.7% during the forecast period. The use of animal-derived plasma proteins as the replacement for antibiotics in feed drives the market for plasma feed.

Based on the source, the porcine segment is projected to be the larger contributor to the plasma feed market during the forecast period

The plasma feed market has been segmented, based on source, into porcine, bovine, and others, which includes sheep, goat, and poultry. The market for porcine plasma feed is projected to record a higher market share between 2019 and 2025. Porcine blood meal offers various health benefits to animals and is used significantly in poultry and porcine feed. For instance, as per 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).”

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Plasma feed is projected to be used majorly in pet food during the forecast period

The major factor for the higher adoption of plasma feed in pet food is anticipated because the tendency of people to humanize pets and treat them like their family members has resulted in the high demand for better quality pet food. The trend for the use of natural and bioactive products is very prevalent in the pet food industry. This is attributed to factors such as the expansion of the pet population, customer attitudes toward their pets as companions or family. As per Darling Ingredients, one of the major brand engaged in the production of plasma feed products quoted that plasma protein is a natural and sustainable source for pet food. It has several advantages such as water binding capacity, emulsifying properties, and palatability, which in turn drives the market for plasma feed among pet food manufacturers.

The Asia Pacific is projected to dominate the plasma feed market by 2025.

The Asia Pacific accounted for the largest share in the global plasma feed market for in 2018, and the market is projected to grow at the highest CAGR during the forecast period. China is the major reason for the dominance of Asia Pacific in the global plasma feed market, wherein China is one of the largest consumer and producer of overall meat products. China accounted for the highest share in the number of pigs slaughtered in 2017, which makes it the dominant market for porcine-based plasma feed. The Asia Pacific region is projected to be the fastest-growing market for the period considered for this study. The region’s growing concentration of animal slaughtering and increased demand for animal-based food products poses a strong potential for plasma feed manufacturers.

This report includes a study of the development strategies, along with the product portfolios of leading companies such as Darling Ingredients Inc. (US), The Lauridsen Group Inc. (US), SARIA Group (Germany), Sera Scandia (Denmark), Lican Food (Chile), Puretein Agri LLC. (US), Veos Group (Belgium), Kraeber & Co Gmbh (Germany), Rocky Mountain Biologicals (US), Lihme Protein Solutions (Denmark), EcooFeed LLC (US), and FeedWorks (Australia).

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Critical questions the report answers:

• Where will all these developments take the industry in the mid-to-long term?
• What are the upcoming commercial prospects for the plasma feed market?
• What is the impact of high capital investment on the plasma feed market?
• What are the new technologies introduced in the plasma feed market?
• What are the latest trends in the plasma feed market?