Porcine Plasma Feed Market is anticipated to grow at a CAGR of 5.45% from 2022 to 2028 globally - Axiom MRC
Porcine Plasma Feed Market is anticipated to grow at a CAGR of 5.45% from 2022 to 2028 globally - Axiom MRC
Date: January 2023
New York, July 2022: Axiom Market Research & Consulting™ added a report on Porcine Plasma Feed Market which includes study on application, end users and geography. Porcine Plasma Feed Market was projected to grow at a CAGR of 5.45% for the forecast period 2022 to 2028. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the Porcine Plasma Feed Market.
The factors such as growing demand and consumption of livestock-based products like dairy and dairy-based products, meat is driving the growth of the porcine plasma feed market. Plasma feed involve animal-derived plasma proteins as the feed ingredient and due to rise in demand for alternative protein sources in the feed industry boosted the growth of porcine plasma feed market. The growing demand for high quality pet food and rising need to build sustainability in the food production process drives the market for plasma feed.
The report analyses the porcine plasma feed market based on the application, end users and geography. The market finds its major applications in swine feed, pet food, aquafeed, poultry feed and others. The end-user studied in the global porcine plasma feed market are livestock & pet feed manufacturing companies, feed additive companies, users of animal feed for pets and farming organizations. Geographically, the porcine plasma feed market is studied for the regions including North America, Europe, Asia Pacific and Rest of the World.
Swine feed is estimated to lead Porcine Plasma Feed Market
Swine feed is likely to dominate the porcine plasma feed market, by applications. Major growth factors such as rise in production of swine feed and demand for swine livestock and growing animal health concern to prevent disease and maintain health of swine has contributed in the market growth. Most of consumer as well as livestock & pet feed manufacturing companies, feed additive companies and others user majorly have focus on swine feed specification like intake or quantity of protein nutrition which can be taken by swine.
Livestock & pet feed manufacturing companies segment is estimated to grow in the Porcine Plasma Feed Market
The major factor propelling the market growth are most of the manufacturer are focusing on identifying the critical need required in feed for swine, pet, poultry animal, aquatic animal among others to enhance the performance benefiting the application health and productivity
Asia Pacific is expected to lead the Porcine Plasma Feed Market
The increasing demand for Animal farming has become very popular which has led the demand for porcine plasma feed market. The rise in the number of animals stimulates the demand for porcine plasma feed positively. China and India are the leading markets in this region contributing a major part to the growing demand.
Key Players
The key players in the Porcine Plasma Feed Market are Apcproteins. (US), Puretein agri llc (U.S), Darling ingredients (U.S.), Gavilon. (U.S.), FASA group (Brazil), Proliant Biological (US), waste cost reduction (UK), VEOS group (Belgium), Premier feed (Belgium), Scoular (U.S.) among others.