The new report by Expert Market Research titled, ‘Global Plasma Feed Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global plasma feed market, assessing the market based on its segments like sources, applications, and regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
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The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 2.5 Billion
- Forecast CAGR (2021-2026): 5.9%
- Forecast Market Size (2026): USD 3.48 Billion
The plasma feed market is being driven by the thriving pet food industry, owing to the growing adoption of pets in the household. Pets, such as dogs, cats, birds, and fishes, among others have been gaining significant traction among the household, owing to the fact that they relieve stress, bolster in-room interaction, and prevent depression. Hence, the family takes special care of the pets by providing them with high-quality food. Over the forecast period, the rising pollution and unfavourable environment for pets has propelled the risk of infections and diseases. This factor is likely to propel the demand for nutritional and hygienic plasma feed pet food products. In terms of region, the Asia Pacific region holds a significant share in the global market and is anticipated to witness a considerable growth in the forecast period. The market growth in the region is driven by the growing expansion of the major pet food companies, coupled with the growing pet population in India and China.
Industry Definition and Major Segments
Plasma feed is defined as the type of feed product which is derived from animal plasma proteins, which act as a feed ingredient. Plasma feed contains high amount of protein and are easily digestible.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/plasma-feed-market-report
On the basis of source, the market is divided into:
- Porcine
- Bovine
- Others
The various applications of plasma feed include:
- Swine Feed
- Pet Food
- Aquafeed
- Others
The regional markets for plasma feed include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The growing demand for plasma feed technology for food preservation is likely to be a major trend in the global plasma feed market. The plasma feed technology has proven to be a successful disinfectant and for food products and various types of packaging materials. The growing investments by the major market players aimed towards augmenting the food supply chain is likely to be another crucial trend in the market.
Key Market Players
The major players in the market are SARIA Group (Daka Denmark A/S), Darling Ingredients Inc., Lauridsen Group Inc., Kraeber & Co GmbH, Sera Scandia A/S, Lican Food, Puretein Agri LLC, Veos Group, Rocky Mountain Biologicals, and Lihme Protein Solutions, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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