Global Plasma Powder Market

Report ID : 1465 | Published : 2022-11-24 | Pages: | Format: PDF/EXCEL

The market size of the Global Plasma Powder Market in the year 2021 is valued at 2.77 billion and is predicted to reach 4.21 billion by the year 2030 at an 4.91% CAGR during the forecast period.

Plasma powder includes a variety of physical and biological properties, including a good amino acid profile, immunoglobulins or antibodies that promote health, and great digestion. These powders have a 75% protein content, a high biological value, and are water-soluble. Another essential element promoting growth is the increasing need for food thickeners for soups, sauces, stews, and broths. Increased consumer preferences for high-protein foods and rising demand for ready-to-eat, high-nutrition foods would benefit the plasma powder business. Another issue impeding market expansion is the increased cost of raw materials necessary for the final product. The increasing attention of major companies on developing safe and nutritious animal feed is a critical market driver. Increasing regulatory controls on antimicrobial growth promoters in major emerging economies and similar growth parameters between AMGP and plasma powder will be significant drivers pushing the plasma powder market globally over the forecast period.

Plasma powder has various advantages over standard protein-related additives in cow-feeding operations, including more remarkable growth, fewer scour days, better fecal scores, reduce dehydration, and lower mortality. Furthermore, rising pet production activities and a considerable increase in demand from pet manufacturers for adding new ingredients to improve pet health are expected to drive the market for plasma powder during the forecast period.

Market Segmentation:

The plasma powder market is segmented on the source and applications. Based on the source, the market is segmented into bovine, porcine and others. Based on applications, the plasma powder market is segmented into food, animal feed (poultry feed, swine, aquafeed, pet food, ruminant feed , others) and others.

Based on the source, the bovine segment is accounted as a major contributor to the plasma powder market.

The market's leading segment is bovine. The rising usage of bovine in the food industry is a key driver driving category expansion. Furthermore, the cattle feed business is increasing demand for bovine plasma powder due to an increased desire for immune-stimulating components to prevent animals from losing efficiency. It is also used in cattle feed because it contains proteins that aid in the digestion of young calves. On the other side, the porcine plasma powder market is expanding as it aids cattle in increasing animal weight.

The animal feed segment witnessed growth at a rapid rate.

Animal feed grabbed the highest revenue share, and it is anticipated that it will continue to hold that position during the anticipated time. Undigested protein in the intestine of animals can induce bacterial fermentation and pathogen overgrowth. Hence highly digestible proteins or plasma proteins are increasingly important in cattle farming. The rising demand for animal-derived food products such as fish, eggs, meat, and milk creates an urgent need to offer more nutrition to animals, which drives the demand for plasma powder in animal feed. Moreover, the plasma powder helps improve livestock's overall performance and mortality, creating demand for plasma powder.

The North American plasma powder market holds a significant regional revenue share.

The North American plasma powder market is expected to register the highest market share in revenue shortly. Owing to the significant prevalence of pet populations and the growing trend among livestock-producing communities toward AMGP alternatives, The United States, which has the majority of the pet population, has seen a considerable increase in high-protein pet food sales. In addition, Asia Pacific is projected to grow rapidly in the global plasma powder market. Increasing government laws restricting antimicrobial growth regulators in animal feed will likely drive the significant market demand for plasma powder throughout the area during the forecast period.

Competitive Landscape

Some major key players in the Plasma powder market are Veos Group, APC Inc, ACTIPRO, Lican food, Merck KGaA, Darling ingredients, Rock Mountain Biologicals and SARIA Group.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Plasma Powder Market Snapshot

Chapter 4. Global Plasma Powder Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Source Type Estimates & Trend Analysis

5.1. by Source Type & Market Share, 2019 & 2030

5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Source Type:

5.2.1. Bovine

5.2.2. Porcine

5.2.3. Others

Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis

6.1. by Application & Market Share, 2019 & 2030

6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Application:

6.2.1. Food

6.2.2. Animal feed

6.2.2.1. Poultry feed

6.2.2.2. Swine

6.2.2.3. Aquafeed

6.2.2.4. Pet food

6.2.2.5. Ruminant feed

6.2.2.6. Others

6.2.3. Others

Chapter 7. Plasma Powder Market Segmentation 3: Regional Estimates & Trend Analysis

7.1. North America

7.1.1. North America Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by Source Type, 2019-2030

7.1.2. North America Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2030

7.1.3. North America Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2030

7.2. Europe

7.2.1. Europe Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by Source Type, 2019-2030

7.2.2. Europe Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2030

7.2.3. Europe Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2030

7.3. Asia Pacific

7.3.1. Asia Pacific Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by Source Type, 2019-2030

7.3.2. Asia Pacific Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2030

7.3.3. Asia Pacific Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2030

7.4. Latin America

7.4.1. Latin America Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by Source Type, 2019-2030

7.4.2. Latin America Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2030

7.4.3. Latin America Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2030

7.5. Middle East & Africa

7.5.1. Middle East & Africa Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by Source Type, 2019-2030

7.5.2. Middle East & Africa Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2030

7.5.3. Middle East & Africa Plasma Powder Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2030

Chapter 8. Competitive Landscape

8.1. Major Mergers and Acquisitions/Strategic Alliances

8.2. Company Profiles

8.2.1. Vees Group

8.2.2. APC Inc

8.2.3. ACTIPRO

8.2.4. Lacan food

8.2.5. Merck Kagan

8.2.6. Darling ingredients

8.2.7. Rock Mountain Biologicals

8.2.8. SARIA Group

8.2.9. Other Prominent Players

By Source

  • Bovine
  • Porcine
  • Others

By Application

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

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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