The Porcine Plasma Feed Global Market Report 2023 by The Business Research Company, provides porcine plasma feed market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Porcine Plasma Feed Global Market Report 2023, the market size is expected to grow from $1.13 billion in 2022 to $1.21 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the porcine plasma feed market is expected to grow to $1.55 billion in 2027 at a CAGR of 6.5%.
Increasing consumer spending on pet food is the major factor driving the porcine plasma feed market growth. The pet food industry has grown considerably in the last few years due to increasing food and feed adulteration cases. Pet food with essential amino acids helps to develop and grow and provides several other vital nutrients to pet animals. The addition of such plasma feed additives to the pet’s diet provides them with a more accessible digestive system and an improved immune system and metabolism.
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The porcine plasma feed market is segmented:
1) By Type: Powder, Grain, Other Types
2) By Application: Pet Food, Aquafeed, Other Applications
3) By End-User: Farmers, Farming Organizations, Feed Additive Companies, Animal Feed for Pets
Technological innovation is the key trend gaining popularity in the porcine plasma feed market. The market is witnessing the implementation of advanced technological innovations such as spray-dried porcine plasma, an abattoir by-product used in animal nutrition with reported positive effects in livestock. Spray-dried porcine plasma is an ingredient with greater nutritional value, as it provides highly digestible protein with an ideal amino acid profile. This spray-dried animal plasma (AP) is widely used to produce animals’ post-weaning diets to improve growth and well-being. Major companies operating in porcine plasma feed are focused on providing such advanced innovation to strengthen their market position.
The porcine plasma feed market report table of contents includes:
1. Executive Summary
2. Porcine Plasma Feed Market Characteristics
3. Porcine Plasma Feed Market Trends And Strategies
4. Porcine Plasma Feed – Macro Economic Scenario
5. Porcine Plasma Feed Market Size And Growth
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26. Africa Porcine Plasma Feed Market
27. Porcine Plasma Feed Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Porcine Plasma Feed Market
29. Porcine Plasma Feed Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- APC Proteins
- SARIA A/S GmbH & Co. KG
- FASA Group
- Lican Food
- Puretein Agri LLC
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