Blood Meal Market Outlook Profits, Comprehensive Landscape, Current and Future Growth by Forecast to 2030

 


Market Overview

 

The Blood Meal Market is expected to reach USD 2.53 Billion by the end of the forecast period at a CAGR of 3.50% during the forecast period.

The global blood meal market is expanding at a reasonable rate. Because blood meal is a valuable protein source, it is used in animal feed. It is a dry, inert powder formed from the blood of animals killed during slaughter. Blood is the most polluting of all the animal waste from slaughterhouses. However, because blood contains roughly 18% protein, efforts have been undertaken to guarantee that animal blood is properly utilized on a broad scale to take advantage of the rich protein content while also reducing pollution from animal slaughter. When compared to other food proteins like bone meal and meat meal, the amino acid profile of blood meal protein is similar to the optimal protein ratio since the lysine level is very high. As a result, blood meal is utilized as an alternate protein source in the diets of dairy cattle, beef cattle, sheep, pigs, poultry, and other animals that require a lot of protein. The effective use of such by-products has a direct impact on the economy and pollution levels. Blood meal demand in the animal feed sector is predicted to increase as a result of these causes. Animal proteins are not allowed in ruminant feed due to strict rules. Because blood meal contains large concentrations of nitrogen, phosphate, and potassium, it can be utilized as a high-nitrogen organic fertilizer, causing fertilizer makers to be in high demand.

 

Regional Classification

 

Because of the presence of an established animal feed sector and the rising consumption of meat products such as meat, eggs, and milk, North America maintained the biggest regional market share. The Blood Meal Market Insights of the Asia-Pacific region during the forecast period is considered the regional market and is predicted to grow at the fastest rate due to growing awareness of the benefits of blood meal and improved product availability.

 

Market Segmentation

 

Based on the Process, the market is segmented into Solar Drying, Drum Drying, Ring & Flash Drying, and Spray Drying.

 

Based on the Application, the Blood Meal Market Insights are segmented into Animal Feed and Fertilizers.

 

Based on the Source, the Blood Meal Market Outlook is segmented into Poultry Blood, Porcine Blood, and Ruminant Blood.

 

Based on the market region, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

 

Industry News

 

The major key players in the market are Darling Ingredients Inc. (US), Terramar Chile SpA. (Chile), West Coast Reduction Ltd. (Canada), Valley Proteins Inc. (US), Ridley Corporation Limited (Australia), Allanasons Pvt Ltd (India), The Boyer Valley Company (US), FASA Group (Brazil), Sanimax (US), APC, Inc. (the US), Apelsa Guadalajara SA de CV (Mexico), Agro-industrial Complex Bačka Topola LTD (Serbia), and The Jobe's Company (US). Due to a large number of active buyers and sellers, it is a perfect competition market. Several regional and local firms dominate the market, as seen by their well-known brands. Product development is a priority for market participants, who are spending on R&D and forming strategic alliances with distributors to improve and expand their distribution networks.

 

Related Reports:


Tomato Powder Market Global Research Report by Process (Hot Break and Cold Break), Category (Organic and Conventional), Application (Bakery & Confectionery, Dairy & Frozen Desserts, Beverages, Infant Nutrition, Sweet & Savory Snacks, Curries, Gravies & Soups, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World)– Forecast till 2027 -

Oilseeds Market Research Report - Forecast till 2030


Feed Additives Market Research Report -Forecast till 2030

 

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

Comments

Post a Comment

Popular posts from this blog

Organic Spices Market Overview, Size, Competitive Landscape, Revenue Analysis 2030

Image
  Market Overview The organic spices market is expected to experience a CAGR of 6.7% during the forecast period (2023-2030), increasing from USD 0.9 billion to USD 1.3 billion. The rise in several health-conscious consumers and the increase in awareness regarding the health benefits associated with the consumption of organic spices are the two main factors driving the global organic food & beverages market. North America and Europe are the dominant regions in consuming different types of organic food products. It is attributable to a rise in per-capita income and continuous product evolution from the manufacturers’ side in these regions. Furthermore, some food manufacturers have focused on availing their food products in organic form due to the rise in preferences for organic products.   They are available in different forms as per consumer preferences, i.e., powder, granular, and liquid, further expected to drive the Organic Spices Market Overview . Some non-p...
Read more

Catalyst Fertilizer Market Size, Product Launch, Major Companies, Revenue Analysis, Till 2030

Image
  Catalysts are vital in industrial production, constituting 60% of consumer and industrial products. They enhance chemical processes, boosting efficiency, output, and cost savings. Catalyst development focuses on improving activity, reducing environmental impact, and increasing longevity. The global catalyst fertilizer market is expected to reach $2.8 billion by 2023, growing at a CAGR of 2.56%. Fertilizer catalysts improve plant performance and efficiency while reducing emissions from production. The demand for fertilizer catalysts is rising due to increased production of ammonium and phosphate fertilizers, and innovation in ammonia production to reduce emissions. Market Dynamics MRFR (Market Research Future) claims that the Catalyst Fertilizer Market Size 2020 can accrue a strong valuation of 2,994.38 MILLION by 2030. MRFR’s extensive study also reveals that the market can expand t to burgeon at a rate of 3.2% from 2022 to 2030 (analysis period). We will provide COVID-19 i...
Read more

Fruit and Vegetable Processing Enzymes Market Size, Revenue, Key Players, Growth, Share and Forecast Till 2030

Image
  Market Analysis The market value of Fruit and Vegetable Processing Enzymes is expected to reach USD 75.69 billion by 2030, with a notable growth rate of 7.65% between 2022 and 2030. The global fruit and vegetable enzymes market is predicted to have an impressive growth over the estimated years (2022-2030). Enzymes are a crucial part of fruit & vegetable processing. It helps to increase yield, intensify juice color, shorten production times, clarify fruit juice and firm up fruit. Besides, it also helps in retaining the nutritional value and good flavor, boost the consistency and color of fruit applications, extend shelf life and reduce the danger of microbial spoilage. The extensive utilization of enzymes that are vegetable and fruit derived, found in the powdered or liquid form are used in diverse industries namely dietary supplements, pharmaceuticals, food and beverages and more. It has gained immense popularity amid manufacturers of diverse processed vegetables and frui...
Read more