Plasma Powder Market Size By Source (Bovine, Porcine), By Application (Food, Animal Feed {Poultry Feed, Swine Feed, Aquafeed, Pet Food, Ruminant Feed}), Industry Analysis Report, Regional Outlook, Application Development Potential, Covid-19 Impact Analysis, Price Trend, Competitive Market Share & Forecast, 2021 – 2027

Published Date: Oct 2021  |  Report ID: GMI5142  |  Authors: Kunal Ahuja, Sarita Bayas

Report Format: PDF   |   Pages: 235   |   Base Year: 2020




Summary Table of Contents Industry Coverage Methodology

Industry Overview

Plasma powder market size exceeded USD 2.5 billion in 2020 and is estimated to grow at a CAGR of 5% between 2021 and 2027. Increasing demand for food and animal feed protein products should drive plasma powder demand thus leading to market expansion.
 

Plasma powder market

Get more details on this report - Request Free Sample PDF
 

Plasma powders are used as good protein source, thickener for gravy and aids binding therefore used for food applications. Growing food and beverage industry along with rapidly increasing demand for healthy processed food products should augment product demand for food applications. The spray dried animal plasma is used as binder in pharmaceutical applications such as tablet formulations. Growing advancements in pharmaceutical industry such as personalized medicines, increasing drug sales along with rise in aging population should fuel product demand thus supporting plasma powder market growth.
 

The spray dried animal plasma (SDAP) is preferred as a binder in pet food especially for cat feed due to its ability to provide high protein content and excellent physiochemical properties. Increasing demand for animal feed products along with growing livestock population across the globe is anticipated to boost product demand.
 

Increasing use of bovine blood plasma as a functional ingredient in food processing to propel the demand for plasma powder

Global Plasma Powder Market by Bovine Source

Get more details on this report - Request Free Sample PDF
 

Global plasma powder market from bovine source surpassed USD 1.14 billion in 2020 and is anticipated to witness significant gains over the forecast timeframe. Bovine plasma is used as an emulsifier and fat replacer in food processing industry. Growing processed food industry along with increase in export and import of processed food products should boost product demand for food applications. The use of bovine plasma is anticipated to eliminate a sizeable pollution hazard and prevents the loss of a valuable protein source which results into increased profits and environment benefits which should favor the market growth. The nutritional, economic and environmental benefits derived out of animal blood and derived products coupled with advancements in processing and blood collection techniques should positively impact business landscape.
 

Bovine plasma contains protein and improves intestinal function in young calves therefore widely used in cattle feed products. Increasing demand for immunity boosting ingredients from cattle feed manufacturers to reduce the loss of productivity of cattle should fuel bovine plasma powder demand. Bovine plasma powder should witness high demand due to its various benefit such as it is used in calf milk replacer offer benefits of better fecal score, reduced mortality, less dehydration, increased grain and fewer scour days. Increasing demand for high quality animal feed premix products which provides benefits of strong and healthy growth of young animals should boost bovine plasma powder demand in turn creating opportunities for market statistics.
 

Increasing demand for food products with high protein content is expected to provide positive outlook for product demand from food application

Global Plasma Powder Market by Food Application

Get more details on this report - Request Free Sample PDF
 

Global plasma powder market size from food application is anticipated to surpass USD 420 million by 2027. The product is widely used in food products owing to its ability to offer increased protein content, improves the quality of product, ensures uniform desired texture and thickens the gravy. Growth in demand for multifunctionality, convenience food and health benefits related to food thickeners is poised to drive product demand for food application. Increasing demand for food thickeners for its use in soups, sauces, stews and broths should fuel product demand. Shifting consumer inclination towards high protein food products along with increasing demand for ready-to-eat, high nutrition food products should positively impact market statistics.
 

Growing demand for high protein bakery products along with benefits of reduced amount of fat should drive the product demand. The powder is a versatile product used in food industry as egg replacer in bakery products, used in protein rich pasta, and as a binder in meat products which should augment product demand for food applications. Growing food processing industry in India along with rising bakery industry in Europe is anticipated to fuel the product adoption. Increasing meat production along with growing demand for processed meat products with variety of flavors as consumer taste is driving the meat industry which should positively impact market size.
 

The rise in demand for pet food due to presence of large pet population should stimulate market growth in North America

North America Plasma Powder Market

Get more details on this report - Request Free Sample PDF
 

North America plasma powder market is poised to surpass USD 950 million by 2027. Increasing demand for pet food with high nutritional value should create revenue opportunity for industry growth. North America is anticipated to emerge as a strong market for the product owing to the presence of a large number of pet owners in the region which will drive product demand for pet food application. The pet industry has been experiencing explosive growth owing to embracement for pet owning and pet loving lifestyle along with advent of online purchasing which should positively impacting the overall market size.
 

Growing adoption of the product as low-cost egg substitute in baking food products should augment market growth. Rising demand for convenient, ready-to-eat food products due to changing lifestyle and busy schedules is driving the food processing industry which should foster product demand. Also, increasing consumer preferences towards healthy ingredients in food products and change in food eating habits according to changing trends is anticipated to favor the North America plasma powder market expansion.
 

Key business strategies adopted by companies include mergers and acquisitions

The plasma powder market is competitive and includes various players such as Darling ingredients, Veos Group, ACTIPRO, Lican food, APC Inc, SARIA Group, Rock Mountain Biologicals and Merck KGaA. Companies are primarily engaged in business strategies such as expanding production capacity, merger and acquisitions for business expansion.
 

In May 2021, Darling ingredients and Rousselot brand announced the opening of upgraded Brazilian innovation lab. The upgraded lab will be used to serve the needs for best product application support across pharmaceutical, nutrition and food markets. Through this the company strategized at strengthening its global lab network to offer innovation, application and expertise formulations.
 

Global plasma powder market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in million tons and revenue in USD million from 2016 to 2027 for the following segments:

By Source

  • Bovine
  • Porcine
  • Others

By Application

  •  Food
  • Animal feed
  • Poultry feed
  • Swine
  • Aquafeed
  • Pet food
  • Ruminant feed
  • Others
  • Others

The above information has been provided for the following regions:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Russia
    • UK
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Thailand
    • Vietnam
    • Indonesia
    • Australia
  • Latin America
    • Brazil
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Egypt

 

Frequently Asked Questions (FAQ) :

Global market for plasma powder surpassed USD 2.5 billion in 2020 and will grow at a CAGR of 5% from 2021 to 2027 owing to the surging demand for food and animal feed protein products.
The market revenue from food application will exceed USD 420 million up to 2027 given that plasma powder improves product quality, offers increased protein content, and ensures uniform desired texture.
The plasma powder industry from bovine source was valued at USD 1.14 billion in 2020 and will expand on account of increasing product usage as fat replacer and emulsifier in the food processing industry.
North American market for plasma powder is slated to record a valuation of over USD 950 million through 2027 driven by the rising demand for pet food with high nutritional value.

Premium Report Details

  • Published Date: Oct 2021
  • Pages: 235
  • Tables: 227
  • Charts / Figures: 16
  • Companies covered: 8
  • Countries covered: 21

Get a report that explains COVID-19 impact on this market

Buy Now

Need a Discount? Get in touch with us for special pricing

Request Discount

 Connect with our sales team

Chat with us
We use cookies to enhance user experience. (Privacy Policy) X