Middle East Plasma Feed Market Trends, Size, Share and Industry Research Forecast


Posted June 18, 2024 by mrfrpallavi

The market size for plasma feed was estimated at USD 2.226 billion in 2023. With a compound annual growth rate (CAGR) of 5.23% over the projected period of 2024 to 2032.

 
The market size for plasma feed was estimated at USD 2.226 billion in 2023. With a compound annual growth rate (CAGR) of 5.23% over the projected period of 2024 to 2032, the plasma feed market business is expected to increase from USD 2.35956 billion in 2024 to USD 3.5479058 billion.

The Middle East plasma feed market is experiencing growth driven by the region's expanding livestock sector and the increasing demand for high-quality animal nutrition products. Countries like Saudi Arabia, UAE, and Egypt are leading the market, supported by government initiatives to enhance food security and agricultural productivity. Plasma feed, with its rich protein content and ability to improve animal health and growth rates, is gaining traction among livestock farmers in the region. The market is also benefiting from the rising awareness about the benefits of plasma feed in improving feed efficiency and reducing the need for antibiotics. However, the Middle East plasma feed market faces challenges such as limited availability of raw materials and high production costs. Additionally, the region's arid climate and reliance on imported feed ingredients pose significant hurdles. Despite these challenges, the market is poised for growth, driven by increasing investments in the animal feed sector and efforts to develop sustainable farming practices.

The plasma feed market is experiencing a significant surge, driven by advancements in animal nutrition and increasing awareness about sustainable farming practices. Plasma feed, derived from the blood of livestock animals, particularly pigs and cattle, is rich in essential proteins and bioactive molecules. This unique composition makes it an invaluable ingredient in animal feed, enhancing growth, immunity, and overall health.

Understanding Plasma Feed

Plasma feed is created through the fractionation of blood collected from healthy animals during the slaughtering process. This process isolates plasma, which is then spray-dried to produce a high-protein powder. This powder is incorporated into animal feed, providing a concentrated source of protein and immunoglobulins that promote gut health and disease resistance in livestock.

Key players :

Sera Sc andia, Saria Group, Rocky Mountain Biologicals, LicanFood, Veos Group, Baxter International Inc., Grifolis S.A., CSL Limited, The Lauridsen Group Inc., PureteinAgri LLC., Darling Ingredients Inc., EcooFeed LLC., Accuray Inc., Boston Scientific Corp.

Benefits of Plasma Feed

One of the primary benefits of plasma feed is its ability to improve the feed conversion ratio (FCR) in animals. A better FCR means animals convert feed into body mass more efficiently, reducing the overall feed required and lowering costs for farmers. Additionally, plasma feed has been shown to enhance the immune system, leading to healthier animals with fewer diseases and reduced need for antibiotics. This is particularly important in the context of growing concerns about antibiotic resistance.

Market Trends and Innovations

Several trends are shaping the plasma feed market. There is an increasing demand for high-quality animal protein, driven by a growing global population and rising incomes in developing countries. This demand is pushing the animal feed industry to seek out more efficient and sustainable ingredients like plasma feed.

Innovation is also playing a crucial role. Advances in processing technologies are improving the quality and safety of plasma feed. Companies are investing in research to understand better the bioactive components of plasma and their effects on animal health. This research is leading to new formulations and applications, broadening the scope of plasma feed beyond traditional uses.

Sustainable and Ethical Considerations

Sustainability and ethical considerations are at the forefront of the plasma feed market's growth. The use of by-products like blood helps reduce waste in the meat processing industry, contributing to a more sustainable food system. Furthermore, the production of plasma feed adheres to stringent regulations to ensure the safety and well-being of both animals and consumers.

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Table of content:

Executive Summary
Scope of the Report
Market Research Methodology
Market Landscape
Market Dynamics
To be continued....

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Issued By pallavi
Country Australia
Categories Agriculture , Biotech , Business
Tags ornamental fish feed ornamental fish feed market ornamental fish feed industry ornamental fish feed market size ornamental fish feed market share orna
Last Updated June 18, 2024