Porcine plasma feed market size and forecast
The global porcine plasma feed market reached US$ 1.0 billion in 2022 and is expected to reach US$ 1.6 billion by 2031, growing with a CAGR of 6.2% during the forecast period 2024-2031.
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Growth factors of porcine plasma feed market
The document discusses several factors that influence the growth of the porcine plasma feed market. These include:
- Increase in usage of pet food, as pet owners are investing more in high-quality pet foods that enhance the appearance, palatability, and gut health of animals.
- Growing demand for livestock consumption, as consumers are shifting to protein-rich diets. This leads to an increase in demand for pork, which in turn increases demand for porcine plasma feed used in raising pigs.
- Demand for porcine plasma feed in the poultry industry, as it helps enhance feed efficiency, improve intestinal integrity, and reduces the risk of diseases in poultry.
Applications of porcine plasma feed in animal husbandry
The document says that porcine plasma feed is used in animal husbandry to improve feed palatability, enhance daily feed intake, improve gut health, enhance appearance of feed, and provide all essential nutrients. It can be used in swine, poultry, ruminant, aquaculture and companion animal diets.
Benefits of porcine plasma feed for pig farmers
The document says that porcine plasma feed helps pigs by providing all the essential nutrients, and protein and helps in muscle development and maintaining the overall health of the animal. It also improves feed palatability and enhances daily feed intake. This can lead to increased productivity.
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Challenges in porcine plasma feed production
The document says that the high product cost can be a challenge in porcine plasma feed production. This is because the production of porcine plasma requires specialized types of equipment for collecting porcine blood, processing it, spray-drying, and others. The high cost can limit the market for smaller consumer bases. For instance, Rocky Mountain Biologicals (RMBIO) company produces Porcine Serum for 1 liter- 179 UD$.
Market Segmentation
By Type
- Powder
- Grains
By Source
- Porcine Plasma
- Bovine Plasma
- Others
By Distribution Channel
- Company Stores
- E-Commerce
- Hypermarkets/Supermarkets
- Specialty Stores
- Others
By End-User
- Farmers
- Farming Organization
- Feed Additives Companies
- Animal Feed for Pets
- Others
By Application
- Swine Feed
- Pet Food
- Aquafeed
Porcine Plasma Feed Market Key Players
KeyPlayers are APC, Lican Food, Kraeber & Co Gmbh, Ridley Corporation Limited, Allanasons Pvt Ltd., Rocky Mountain Biologicals, Lihme Protein Solutions, Feedworks Pty Ltd., Puretein Bioscience LLc and Ekofood.
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