As per Zion Market Research, the global plasma feed market in 2019 was valued at USD 2.3 billion and is projected to develop to USD 3.1 billion by 2025 with a CAGR of 5.9%.
The global plasma feed market was estimated at 2.3 (USD Billion) in 2019 and is slated to be valued at 3.1 (USD Billion) by 2025 at a CAGR of 5.9%. The report offers valuation and analysis of plasma feed market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, sales forecasts, revenue forecasts, opportunities, current & emerging trends, and industry-validated market figures. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).
Our study offers market attractiveness analysis in a precise manner, thereby assisting the buyer in taping the huge growth aspects of the plasma feed market over the timespan from 2019 to 2025. The report also provides data about the market from 2016 to 2018. Moreover, the market is segmented into source, application, and region.
Based on the source, the plasma feed industry is segregated into porcine, bovine, and others. Application-wise, the market for plasma feed is divided into swine feed, Aquafeed, pet food, and others. Region-wise, the plasma feed market is sectored into North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The report includes an in-depth PESTEL and SWOT Analysis that examines the array of factors influencing the performance of each market player in the present situation and over the forecast period. It also offers comprehensive insights into the competitive moves made by the industry behemoths for acquiring a Numero Uno position in the market by increasing their market share.
Key Driving Factors
Escalating demand for substitute protein sources across the feed sector will proliferate the market growth over the forecast timespan. The massive requirement of high protein feed ingredients is likely to enhance the demand for plasma feed over the forthcoming years. Moreover, high costs of animal feed protein has transformed into humungous demand for the plasma feed in the recent years.
The key players influencing the plasma feed market expansion and profiled in the report are The Lauridsen Group Inc., Rocky Mountain Biologicals, Darling Ingredients Inc., Puretein Agri LLC, Kraeber & Co. Gmbh, Sera Scandia, SARIA Group, Lican Food, Veos Group, Lihme Protein Solutions, FeedWorks, and EcooFeed LLC.
The global plasma feed market is segmented as follows:
Others (Poultry, sheep, and goat)
Others (Poultry and ruminant feed)