Press release
Blood Meal Market Projected to Reach $2.1 Billion by 2025 | Top Key players are Darling Ingredients, Terramar, West Coast Reduction, Valley Proteins, Inc., Ridley Corporation
The report "Blood Meal Market by Source (Poultry, Porcine, and Ruminant), Application (Poultry Feed, Porcine Feed, Ruminant Feed, and Aquafeed), Process (Solar Drying, Drum Drying, Ring & Flash Drying, and Spray Drying), and Region - Global Forecast to 2025", The market for blood meal is estimated to be valued at USD 1.8 billion in 2019 and is projected to grow at a CAGR of 3.0% from 2019 to 2025, to reach USD 2.1 billion by 2025. The growing feed industry is one of the major factors driving the growth of the blood meal market, as feed plays a major role in the global food industry. The increasing use of blood meal ensures safe and nutritious feed for animals.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84855008
The poultry feed segment is projected to be the largest revenue contributor in the blood meal market during the forecast period.
Poultry blood is one of the most preferred raw materials that is used for the production of blood meal. By source, the poultry feed segment is the largest segment in the global blood meal market, in terms of volume. Consumption of poultry blood is increasing in the emerging countries of the Asia Pacific and South America. This is projected to increase the number of animal slaughter in these regions, thus increasing the blood meal production in these regions.
The porcine feed segment is projected to record the fastest growth during the forecast period.
Blood meal is high in crude protein and is commonly used as a protein source in diets for porcine. In growing pigs, blood meal partially replaces soybean meal in maize- and soybean-based diets. Feeding growing pigs with fermented blood meal, in combination with molasses, allows the same feed intake, growth, and feed conversion efficiency as soybean meal. Dried blood meal is commonly used as a high-quality protein source in nursery pig diets. Thus, the porcine feed segment in the blood meal market is projected to record the fastest growth during the forecast period.
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=84855008
The Asia Pacific region is projected to account for the largest market size during the forecast period.
The Asia Pacific region is projected to account for the largest share in the market during the forecast. The growing population and urbanization have encouraged consumers to opt for animal-source foods, which are some of the key factors that are driving the Asia Pacific blood meal market.
This report includes a study of marketing and development strategies along with the product portfolios of leading companies in the blood meal market. It includes profiles of leading companies such as Darling Ingredients (US), Terramar (Chile), West Coast Reduction (Canada), Valley Proteins, Inc. (US), Ridley Corporation (Australia), Allanasons Private (India), The Boyer Valley Company (US), FASA Group (Brazil), Sanimax (Canada), APC, Inc. (US), and Apelsa Guadalajara (US).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84855008
The poultry feed segment is projected to be the largest revenue contributor in the blood meal market during the forecast period.
Poultry blood is one of the most preferred raw materials that is used for the production of blood meal. By source, the poultry feed segment is the largest segment in the global blood meal market, in terms of volume. Consumption of poultry blood is increasing in the emerging countries of the Asia Pacific and South America. This is projected to increase the number of animal slaughter in these regions, thus increasing the blood meal production in these regions.
The porcine feed segment is projected to record the fastest growth during the forecast period.
Blood meal is high in crude protein and is commonly used as a protein source in diets for porcine. In growing pigs, blood meal partially replaces soybean meal in maize- and soybean-based diets. Feeding growing pigs with fermented blood meal, in combination with molasses, allows the same feed intake, growth, and feed conversion efficiency as soybean meal. Dried blood meal is commonly used as a high-quality protein source in nursery pig diets. Thus, the porcine feed segment in the blood meal market is projected to record the fastest growth during the forecast period.
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=84855008
The Asia Pacific region is projected to account for the largest market size during the forecast period.
The Asia Pacific region is projected to account for the largest share in the market during the forecast. The growing population and urbanization have encouraged consumers to opt for animal-source foods, which are some of the key factors that are driving the Asia Pacific blood meal market.
This report includes a study of marketing and development strategies along with the product portfolios of leading companies in the blood meal market. It includes profiles of leading companies such as Darling Ingredients (US), Terramar (Chile), West Coast Reduction (Canada), Valley Proteins, Inc. (US), Ridley Corporation (Australia), Allanasons Private (India), The Boyer Valley Company (US), FASA Group (Brazil), Sanimax (Canada), APC, Inc. (US), and Apelsa Guadalajara (US).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
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