Blood Meal Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Source (Porcine Blood, Poultry Blood, and Ruminant Blood); Application (Porcine Feed, Poultry, Ruminant Feed, Aqua Feed, Others); Process (Solar Drying, Drum Drying, Ring and Flash Drying, and Spray Drying); and Geography
The blood meal market was valued at US$ 1,825.9 million in 2018 and is expected to reach US$ 2,451.6 million by 2027; it is projected to grow at a CAGR of 3.4% from 2019 to 2027.
Blood meal is dried form of animal blood collected from slaughtering of several livestock species such as cattle, pigs, and chickens under specific conditions. It is considered as rich source of proteins, and iron and nitrogen, and is used to supplement feed diets based on cereal grains, plant remains, and forages. Blood meal serves an advantage over plant-based protein and other feed ingredients owing to their rich nutritional profile and cost-effectiveness. Apart from their use in the feed industry, blood meal also finds application as natural and organic fertilizers. Therefore, the surge in demand for healthy feed products, coupled with increased focus on environmental sustainability and crop protection, is likely to drive the market for blood meal during the forecast period.
The blood meal market in North America is expected to grow at the highest CAGR of 4.1% during the forecast period owing to the rising applications in animal feed industries, such as poultry feed, ruminant feed, and aqua feed as well as in agricultural industry. Blood meal is manufactured from clean fresh animal blood that does not include extraneous materials such as hair and stomach contents. Such meal can be dried with the help of several processes, and spray-drying is among the more commonly used methods. Blood meal is known for its nutritional profile and is a rich source of protein as well as nitrogen. The rise in competition in the feed industry,along with high cost of conventional feed ingredients, is motivating the feed producers to procure less costly feed ingredients, such as blood meals. The growth of feed and agricultural sector in North America is expected to fuel the demand for blood meal in the region.
Effect of COVID-19 UponBlood Meal Market
The recent COVID-19outbreak began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across all regions in the world. As of March 2020, China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-hit countries in terms confirmed cases and reported deaths. The outbreak has been affecting economies in various countries due to lockdowns, travel bans, and business shutdowns called as protective measures to stop the spread of COVID-19. Food processing industry is one of the major industries in the world that are suffering serious factory shutdown, supply chain disruptions, technology events cancellations, and office shutdowns as a result of this outbreak.
Global Blood Meal Market
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Market Insights
Growth of poultry feed industry
Poultry feed are used to feed poultry birds, including turkey, chickens, ducks, and domestic birds. Such feed are required by poultry animals for growth and development, and includes essential minerals, vitamins, carbohydrates, proteins, and water. On the other hand, proteins are considered to be a key source of energy for poultry birds. Rise in investments in poultry feed mills, poultry houses, and slaughterhouses has led to growth of the poultry feed market. Among all feed ingredients, blood meal is an important feed ingredient that is primarily used in poultry feed as it is considered as best-performing, cost-effective ingredient. It is widely known for its nutritional profile and is a rich source of protein, iron, and lysine amino acid. Other than this, blood meal also enhances pepsin digestibility and is, therefore, used in supplementary proteins with plant-derived feed ingredients. Thus, the rising demand for poultry from the nations worldwide has been a factor contributing to the rise and development of the blood meal market. To meet the constantly increasing demand for blood meal products in poultry industry, several manufacturers—such as APC Company, Inc., Bar-Magen Ltd, and Ridley Corporation Limited—are engaged in the manufacturing of blood meal for livestock feed. The increasing awareness regarding the use of blood meal, as well as about its functional properties, has also favored the global blood meal market growth.
Source-BasedInsights
The blood meal market, based on source,is segmentedinto porcine blood, poultry blood, and ruminant blood. The poultry blood segment accounted for the largest share of the market in 2018, and the market for the porcine bloodsegment is expected to grow at the highest CAGR during the forecast period. Poultry blood is collected mainly for two purposes—to obtain serum that can be tested for the presence of antibodies against various viruses and to obtain red blood cells, for which, the blood is collected into anticoagulant. These cells can be further used in preparing blood meal. The minimum protein content found in poultry blood meal is 80%. A meal produced using poultry blood is one of the natural sources of protein, which is used as an ingredient in animal feed for swine, poultry, fish, and other no ruminant species. The food manufacturing industry is the major contributor to the overall demand for poultry blood due to the constant rise in global demand for pet food.
Global Blood MealMarket, by Source – 2018 and 2027
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Application-Based Insights
The blood meal market, based on application,is segmented into porcine feed, poultry feed, ruminant feed, aqua feed, and others.The porcine feedsegment accounted for the largest share of the market in 2018, whereas the aqua feed segment is expected to register the highest CAGR during the forecast period.The swine industry has been continuously working on delivering improved performance of swine, including genetic-driven growth potential, which calls for innovative nutritional solutions. Dried blood meal is primarily used as a high-quality protein source mainly in nursery pig diets. A few of the growth studies have stated that blood meal can be a better protein source than dried skim milk, fish meal, and soy protein concentrate as it contains high percentage of crude protein; the blood meal is commonly used as a protein source in pig starter diets. Porcine plasma has been re-allowed in the European Union as a feed ingredient for pigs and poultry as it improves the growth performance and health of pigletswithout developing antibiotic resistance. Also, the ban on antimicrobial growth promoters facilitates the re-allowance of porcine blood plasma as a feed ingredient for pigs and poultry.
Process-Based Insights
The blood mealmarket, based on process,is segmented into solar drying, drum drying, ring and flash drying, and spray drying. The ring and flash drying segment accounted for the largest share of the market in 2018, whereas the solar drying segment is expected to register the fastest CAGR during the forecast period. The ring dryer features special development in flash dryer with the incorporation of an internal airborne recycle, which uplifts operational efficiency. A few of the ring drying systems consist of manifold or internal classification, which differentiates it from the flash dryers. The internal circulation in the ring dryer is a manifold, and a special centrifugal classifier designed to separate dry and fine particles. In case of holding large moist particles in prolonged circulation, this enables the ring dryer to process many materials that they were earlier considered difficult to dried with the help of a flash dryer efficiently and also to obtain exceptionally good control of the final product moisture content. Ring and flash dryers are used in the production of products in the form of oil, liquid, semi-liquid, and others. Based on flash effect and minimum retention time, the dryer has a minimized thermal influence on heat-sensitive products. During blood meal production, the blood is first dispersed into the high-velocity venturi section. It is then allowed to come in contact with the hot and dry airstream, leading to bulk evaporation. The product is further dried as it is conveyed up through the drying column.
Strategic Insights
Mergers and acquisitions, and research and development are the commonly adopted strategies by companies to expand their footprints worldwide, which is further impacting the size of the market. The players present in the blood mealmarket such Ridley Corporation Limited have been implementing the abovementioned strategies to expand their customer base and gain significant share in the global market, which also enables them to maintain their brand name globally.
Blood Meal Market – By Source
- Porcine Blood
- Poultry Blood
- Ruminant Blood
Blood Meal Market – By Application
- Porcine Feed
- Poulty Feed
- Ruminant Feed
- Aqua Feed
- Others
Blood Meal Market – By Process
- Solar Drying
- Drum Drying
- Ring and Flash Drying
- Spray Drying
Company Profiles
- Allanasons Pvt Ltd
- APC Company, Inc.,
- Apelsa Guadalajara, SA de CV
- DAR PRO Ingredients
- Ridley Corporation Limited
- Sanimax
- TerramarChile
- The Boyer Valley Company, Inc.
- Valley Proteins, Inc.
- FASA Group
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Blood Meal Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Blood Meal Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in consumption of animal-derived products
5.1.2 Growth of poultry feed industry
5.2 Market Restraints
5.2.1 Stringent regulations related to blood meal
5.3 Market Opportunities:
5.3.1 Growing demand of blood meal from aquaculture industry
5.4 Future Trends:
5.4.1 Usage of Blood Meal as an Effective Fertilizer
5.5 Impact Analysis
6. Blood Meal– Global Market Analysis
6.1 Blood Meal Market Overview
6.2 Blood Meal Market–Revenue and Forecast to 2027 (US$ Mn)
6.3 Market Positioning – Global Market Players
7. Global Blood Meal Market Analysis – By Source
7.1 Overview
7.2 Blood Meal Market Breakdown, By Source, 2018 & 2027
7.3 Porcine Blood
7.3.1 Overview
7.3.2 Porcine Blood in Blood Meal Market, Revenue Forecast to 2027 (US$ Mn)
7.4 Poultry Blood
7.4.1 Overview
7.4.2 Poultry Blood in Blood Meal Market, Revenue and Forecast to 2027 (US$ Mn)
7.5 Ruminant blood
7.5.1 Overview
7.5.2 Ruminant Blood in Blood Meal Market, Revenue and Forecast to 2027 (US$ Mn)
8. Global Blood Meal Market Analysis – By Application
8.1 Overview
8.2 Global Blood Meal Market Breakdown, By Application, 2018 & 2027
8.3 Porcine Feed
8.3.1 Global Blood Meal Market Revenue Via Porcine Feed Revenue and Forecast, to 2027 (US$ Mn)
8.4 Poultry Feed
8.4.1 Global Blood Meal Market Revenue Via Poultry Feed Revenue and Forecast, to 2027 (US$ Mn)
8.5 Ruminant Feed
8.5.1 Global Blood Meal Market Revenue Via Ruminant Feed Revenue and Forecast, to 2027 (US$ Mn)
8.6 Aqua Feed
8.6.1 Global Blood Meal Market Via Aqua Feed Forecasts to 2027 (US$ Mn)
8.7 Others
8.7.1 Global Blood Meal Market Via Other Segment Forecasts to 2027 (US$ Mn)
9. Global Blood Meal Market Analysis – By Process
9.1 Overview
9.2 Blood Meal Market Breakdown, By Process, 2018 & 2027
9.3 Solar Drying
9.3.1 Overview
9.3.2 Solar Drying in Blood Meal Market, Revenue Forecast to 2027 (US$ Mn)
9.4 Drum Drying
9.4.1 Overview
9.4.2 Drum Drying in Blood Meal Market, Revenue and Forecast to 2027 (US$ Mn)
9.5 Ring and Flash Drying
9.5.1 Overview
9.5.2 Ring and Flash Drying in Blood Meal Market, Revenue and Forecast to 2027 (US$ Mn)
9.6 Spray Drying
9.6.1 Overview
9.6.2 Spray Drying in Blood Meal Market, Revenue and Forecast to 2027 (US$ Mn)
10. Blood Meal Market – Geographic Analysis
10.1 Overview
10.2 North America: Blood Meal Market
10.2.1 North America: Blood Meal Market –Revenue and Forecast to 2027(US$ Mn)
10.2.2 North America: Blood Meal Market, bySource
10.2.3 North America: Blood Meal Market, by Process
10.2.4 North America: Blood Meal Market, by Application
10.2.5 North America: Blood Meal Market, by Key Country
10.2.5.1 US: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.2.5.1.1 US: Blood Meal Market, by Source
10.2.5.1.2 US: Blood Meal Market, by Process
10.2.5.1.3 US: Blood Meal Market, by Application
10.2.5.2 Canada: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.2.5.2.1 Canada: Blood Meal Market, by Source
10.2.5.2.2 Canada: Blood Meal Market, by Process
10.2.5.2.3 Canada: Blood Meal Market, by Application
10.2.5.3 Mexico: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.2.5.3.1 Mexico: Blood Meal Market, by Source
10.2.5.3.2 Mexico: Blood Meal Market, by Process
10.2.5.3.3 Mexico: Blood Meal Market, by Application
10.3 Europe: Blood Meal Market
10.3.1 Europe: Blood Meal Market –Revenue and Forecast to 2027(US$ Mn)
10.3.2 Europe: Blood Meal Market,by Source
10.3.3 Europe: Blood Meal Market, by Process
10.3.4 Europe: Blood Meal Market, by Application
10.3.5 Europe: Blood Meal Market, by Key Country
10.3.5.1 Germany: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.3.5.1.1 Germany: Blood Meal Market, by Source
10.3.5.1.2 Germany: Blood Meal Market, by Process
10.3.5.1.3 Germany: Blood Meal Market, by Application
10.3.5.2 France: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.3.5.2.1 France: Blood Meal Market, by Source
10.3.5.2.2 France: Blood Meal Market, by Process
10.3.5.2.3 France: Blood Meal Market, by Application
10.3.5.3 UK: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.3.5.3.1 UK: Blood Meal Market, by Source
10.3.5.3.2 UK: Blood Meal Market, by Process
10.3.5.3.3 UK: Blood Meal Market, by Application
10.3.5.4 Russia: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.3.5.4.1 Russia: Blood Meal Market, by Source
10.3.5.4.2 Russia: Blood Meal Market, by Process
10.3.5.4.3 Russia: Blood Meal Market, by Application
10.3.5.5 Italy: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.3.5.5.1 Italy: Blood Meal Market, by Source
10.3.5.5.2 Italy: Blood Meal Market, by Process
10.3.5.5.3 Italy: Blood Meal Market, by Application
10.3.5.6 Rest of Europe: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.3.5.6.1 Rest of Europe: Blood Meal Market, by Source
10.3.5.6.2 Rest of Europe: Blood Meal Market, by Process
10.3.5.6.3 Rest of Europe: Blood Meal Market, by Application
10.4 APAC: Blood Meal Market
10.4.1 Asia Pacific: Blood Meal Market – Revenue and Forecast to 2027(US$ Mn)
10.4.2 Asia Pacific: Blood Meal Market, by Source
10.4.3 Asia Pacific: Blood Meal Market, by Process
10.4.4 Asia Pacific: Blood Meal Market, by Application
10.4.5 Asia Pacific: Blood Meal Market, by Key Country
10.4.5.1 Australia: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.4.5.1.1 Australia: Blood Meal Market, by Source
10.4.5.1.2 Australia: Blood Meal Market, by Process
10.4.5.1.3 Australia: Blood Meal Market, by Application
10.4.5.2 China: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.4.5.2.1 China: Blood Meal Market, by Source
10.4.5.2.2 China: Blood Meal Market, by Process
10.4.5.2.3 China: Blood Meal Market, by Application
10.4.5.3 Japan: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.4.5.3.1 Japan: Blood Meal Market, by Source
10.4.5.3.2 Japan: Blood Meal Market, by Process
10.4.5.3.3 Japan: Blood Meal Market, by Application
10.4.5.4 India: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.4.5.4.1 India: Blood Meal Market, by Source
10.4.5.4.2 India: Blood Meal Market, by Process
10.4.5.4.3 India: Blood Meal Market, by Application
10.4.5.5 South Korea: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.4.5.5.1 South Korea: Blood Meal Market, by Source
10.4.5.5.2 South Korea: Blood Meal Market, by Process
10.4.5.5.3 South Korea: Blood Meal Market, by Application
10.4.5.6 Rest of Asia Pacific: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.4.5.6.1 Rest of Asia Pacific: Blood Meal Market, by Source
10.4.5.6.2 Rest of Asia Pacific: Blood Meal Market, by Process
10.4.5.6.3 Rest of Asia Pacific: Blood Meal Market, by Application
10.5 MEA: Blood Meal Market
10.5.1 MEA: Blood Meal Market –Revenue and Forecast to 2027(US$ Mn)
10.5.2 MEA: Blood Meal Market, by Source
10.5.3 MEA: Blood Meal Market, by Process
10.5.4 MEA: Blood Meal Market, by Application
10.5.5 MEA: Blood Meal Market, by Key Country
10.5.5.1 South Africa: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.5.5.1.1 South Africa: Blood Meal Market, by Source
10.5.5.1.2 South Africa: Blood Meal Market, by Process
10.5.5.1.3 South Africa: Blood Meal Market, by Application
10.5.5.2 Saudi Arabia: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.5.5.2.1 Saudi Arabia: Blood Meal Market, by Source
10.5.5.2.2 Saudi Arabia: Blood Meal Market, by Process
10.5.5.2.3 Saudi Arabia: Blood Meal Market, by Application
10.5.5.3 UAE: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.5.5.3.1 UAE: Blood Meal Market, by Source
10.5.5.3.2 UAE: Blood Meal Market, by Process
10.5.5.3.3 UAE: Blood Meal Market, by Application
10.5.5.4 Rest of MEA: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.5.5.4.1 Rest of MEA: Blood Meal Market, by Source
10.5.5.4.2 Rest of MEA: Blood Meal Market, by Process
10.5.5.4.3 Rest of MEA: Blood Meal Market, by Application
10.6 South America: Blood Meal Market
10.6.1 South America: Blood Meal Market –Revenue and Forecast to 2027(US$ Mn)
10.6.2 South America: Blood Meal Market, by Source
10.6.3 South America: Blood Meal Market, by Process
10.6.4 South America: Blood Meal Market, by Application
10.6.5 South America: Blood Meal Market, by Key Country
10.6.5.1 Brazil: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.6.5.1.1 Brazil: Blood Meal Market, by Source
10.6.5.1.2 Brazil: Blood Meal Market, by Process
10.6.5.1.3 Brazil: Blood Meal Market, by Application
10.6.5.2 Argentina: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.6.5.2.1 Argentina: Blood Meal Market, by Source
10.6.5.2.2 Argentina: Blood Meal Market, by Process
10.6.5.2.3 Argentina: Blood Meal Market, by Application
10.6.5.3 Rest of South America: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
10.6.5.3.1 Rest of South America: Blood Meal Market, by Source
10.6.5.3.2 Rest of South America: Blood Meal Market, by Process
10.6.5.3.3 Rest of South America: Blood Meal Market, by Application
11. Impact of COVID-19 Pandemic on Global Blood Meal Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact assessment of COVID-19 Pandemic
11.6 South America: Impact assessment of COVID-19 Pandemic
12. Company Profiles
12.1 Allanasonsn Pvt Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 APC Company, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.3 Apelsa Guadalajara, SA de CV
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.4 DAR PRO Ingredients
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 Ridley Corporation Limited
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Sanimax
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.7 Terramar Chile SpA
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.8 The Boyer Valley Company, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.9 Valley Proteins, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.10 FASA Group
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. North America Blood Meal Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 3. North America Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 4. North America Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 5. US Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 6. US Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 7. US Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 8. Canada Blood Meal Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 9. Canada Blood Meal Market, by Process – Revenue and Forecast to 2027 (USD Mn)
Table 10. Canada Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 11. Mexico Blood Meal Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 12. Mexico Blood Meal Market, by Process – Revenue and Forecast to 2027 (USD Mn)
Table 13. Mexico Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 14. Europe Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 15. Europe Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 16. Europe Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 17. Germany Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 18. Germany Blood Meal Market, by Process – Revenue and Forecast to 2027 (USD Mn)
Table 19. Germany Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 20. France Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 21. France Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 22. France Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 23. UKBlood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 24. UK Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 25. UK Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 26. Russia Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 27. Russia Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 28. Russia Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 29. Italy Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 30. Italy Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 31. Italy Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 32. Rest of Europe BloodMeal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 33. Rest of Europe Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 34. Rest of Europe:Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 35. Asia Pacific Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 36. Asia Pacific Blood Meal Market, by Process – Revenue and Forecast to 2027 (USD Mn)
Table 37. Asia Pacific Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 38. Australia Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 39. Australia Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 40. Australia Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 41. China Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 42. China Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 43. China Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 44. Japan Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 45. Japan Blood Meal Market, by Process – Revenue and Forecast to 2027 (USD Mn)
Table 46. Japan Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 47. India Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 48. India Blood Meal Market, by Process – Revenue and Forecast to 2027 (USD Mn)
Table 49. India Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 50. South Korea Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 51. South Korea Blood Meal Market, by Process – Revenue and Forecast to 2027 (USD Mn)
Table 52. South Korea Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 53. Rest of Asia Pacific Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 54. Rest of Asia Pacific Blood Meal Market, by Process – Revenue and Forecast to 2027 (USD Mn)
Table 55. Rest of Asia Pacific Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 56. MEA Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 57. MEA Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 58. MEA Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 59. South Africa Blood Meal Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 60. South Africa Blood Meal Market, by Process – Revenue and Forecast to 2027 (USD Mn)
Table 61. South Africa Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 62. Saudi Arabia Blood Meal Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 63. Saudi Arabia Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 64. Saudi Arabia Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 65. UAE Blood Meal Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 66. UAE Blood Meal Market, by Process – Revenue and Forecast to 2027 (USD Mn)
Table 67. UAE Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 68. Rest of MEA Blood Meal Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 69. Rest of MEA Blood Meal Market, by Process – Revenue and Forecast to 2027 (USD Mn)
Table 70. Rest of MEA Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 71. South America Blood Meal Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 72. South America Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 73. South America Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 74. Brazil Blood Meal Market, by Source – Revenue and Forecast to 2027 (USD Mn)
Table 75. Brazil Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 76. Brazil Blood Meal Market, by Application– Revenue and Forecast to 2027 (USD Mn)
Table 77. Argentina Blood Meal Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 78. Argentina Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 79. Argentina Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 80. Rest of South America Blood Meal Market, by Source– Revenue and Forecast to 2027 (USD Mn)
Table 81. Rest of South America Blood Meal Market, by Process– Revenue and Forecast to 2027 (USD Mn)
Table 82. Rest of South America Blood Meal Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 83. List of Abbreviation
LIST OF FIGURES
Figure 1. Blood Meal Market Segmentation
Figure 2. Blood Meal Market Segmentation – By Geography
Figure 3. Global Blood Meal Market Overview
Figure 4. Poultry Blood Segment Held Largest Share of Global Blood Meal Market
Figure 5. Asia Pacific Region Held Largest Share of Global Blood Meal Market
Figure 6. Global Blood Meal Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Europe: PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Impact Analysis of Drivers And Restraints
Figure 14. Geographic Overview of Blood Meal Market
Figure 15. Blood Meal Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 16. Blood Meal Market Breakdown, by Source, 2018 & 2027 (%)
Figure 17. Porcine Blood in Blood Meal Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 18. Poultry Blood in Blood Meal Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 19. Ruminant Blood in Blood Meal Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 20. Global Blood Meal Market Breakdown by Application, 2018 & 2027 (%)
Figure 21. Global Blood Meal Market Revenue Via Porcine Feed Forecast, to 2027 (US$ Mn)
Figure 22. Global Blood Meal Market Revenue Via Poultry Feed Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Global Blood Meal Market Revenue Via Ruminant Feed Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. Global Blood Meal Market Revenue Via Aqua Feed Forecasts to 2027 (US$ Mn)
Figure 25. Global Blood Meal Market Revenue Via Other Segment Forecasts to 2027 (US$ Mn)
Figure 26. Blood Meal Market Breakdown, by Process, 2018 & 2027 (%)
Figure 27. Solar Drying in Blood Meal Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 28. Drum Drying in Blood Meal Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 29. Ring and Flash Drying in Blood Meal Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 30. Spray Drying in Blood Meal Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 31. Global Blood Meal Market Revenue Share, by Region (2018 and 2027)
Figure 32. North America: Blood Meal Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 33. North America: Blood Meal Market Revenue Share, by Source(2018 and 2027)
Figure 34. North America: Blood Meal Market Revenue Share, by Process (2018 and 2027)
Figure 35. North America: Blood Meal Market Revenue Share, by Application (2018 and 2027)
Figure 36. North America: Blood Meal Market Revenue Share, by Key Country (2018 and 2027)
Figure 37. US: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 38. Canada: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 39. Mexico: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 40. Europe: Blood Meal Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 41. Europe: Blood Meal Market Revenue Share, by Source (2018 and 2027)
Figure 42. Europe: Blood Meal Market Revenue Share, by Process (2018 and 2027)
Figure 43. Europe: Blood Meal Market Revenue Share, by Application (2018 and 2027)
Figure 44. Europe: Blood Meal Market Revenue Share, by Key Country (2018 and 2027)
Figure 45. Germany: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 46. France: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 47. UK: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 48. Russia: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 49. Italy: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 50. Rest of Europe: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 51. Asia Pacific: Blood Meal Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 52. Asia Pacific: Blood Meal Market Revenue Share, by Source (2018 and 2027)
Figure 53. Asia Pacific: Blood Meal Market Revenue Share, by Process (2018 and 2027)
Figure 54. Asia Pacific: Blood Meal Market Revenue Share, by Application (2018 and 2027)
Figure 55. Asia Pacific: Blood Meal Market Revenue Share, by Key Country (2018 and 2027)
Figure 56. Australia: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 57. China: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 58. Japan: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 59. India: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 60. South Korea: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 61. Rest of Asia Pacific: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 62. MEA: Blood Meal Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 63. MEA: Blood Meal Market Revenue Share, by Source (2018 and 2027)
Figure 64. MEA: Blood Meal Market Revenue Share, by Process (2018 and 2027)
Figure 65. MEA: Blood Meal Market Revenue Share, by Application (2018 and 2027)
Figure 66. MEA: Blood Meal Market Revenue Share, by Key Country (2018 and 2027)
Figure 67. South Africa: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 68. Saudi Arabia: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 69. UAE: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 70. Rest of MEA: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 71. South America: Blood Meal Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 72. South America: Blood Meal Market Revenue Share, by Source (2018 and 2027)
Figure 73. South America: Blood Meal Market Revenue Share, by Process (2018 and 2027)
Figure 74. South America: Blood Meal Market Revenue Share, by Application (2018 and 2027)
Figure 75. South America: Blood Meal Market Revenue Share, by Key Country (2018 and 2027)
Figure 76. Brazil: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 77. Argentina: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 78. Rest of South America: Blood Meal Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 79. Impact of COVID-19 Pandemic In North American Country Markets
Figure 80. Impact of COVID-19 Pandemic In Europe Country Markets
Figure 81. Impact of COVID-19 Pandemic In Asia Pacific Country Markets
Figure 82. Impact of COVID-19 Pandemic In Middle East And Africa Country Markets
Figure 83. Impact of COVID-19 Pandemic In South America Country Markets
The List of Companies - Blood Meal Market
- Allanasonsn Pvt Ltd
- APC Company, Inc.
- Apelsa Guadalajara, SA de CV
- DAR PRO Ingredients
- Ridley Corporation Limited
- Sanimax
- Terramar Chile SpA
- The Boyer Valley Company, Inc
- Valley Proteins, Inc.
- FASA Group
- Highlights key business priorities to assist companies realign their business strategies.
- Features key findings and crucial progressive industry trends in the global blood meal market, thereby allowing players to develop effective long-term strategies.
- Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
- Scrutinizes in-depth market trends as well as key market drivers and restraints.
- Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Frequently Asked Questions
The major players operating in the global blood meal market are Allanasons Pvt Ltd, APC Company, Inc., Apelsa Guadalajara, SA de CV, DAR PRO Ingredients, Ridley Corporation Limited, Sanimax, Terramar Chile, The Boyer Valley Company, Inc., Valley Proteins, Inc., FASA Group, and among many others.
In 2018, the blood mealmarket was predominantbyAsia-Pacific at theglobal level.Asia-pacific is the largest continent in the world and is known for its organic agriculture and feed products. Asia has ranked highest amongst feed producing regions. China is dominating the regional market, followed by other countries such as Japan, India, Vietnam, Korea, Thailand, Malaysia, and Indonesia. These countries are witnessing rising demand for poultry, egg, and meat products. Apart from its utility in the feed industry, blood meal is extensively utilized as an organic fertilizer to promote the growth of crops and to control pests. The growing consciousness among consumers for a healthy lifestyle has posed a demand for healthy animal-derived products, which is expected to boost the demand for blood meal in global market.
Ans.Among all three segments of source, the poultry blood segment has led the market in 2018 and is expected to be the dominant segment in the near future.Poultry blood is collected from chicken mainly for two purposes, such as to obtain serum, which can be tested for various disease virus antibodies, no anticoagulant is required in this process, and the blood is allowed to clot. The levels of antibody detected in individual birds and flocks give an indication of the response to vaccination. It also indicates whether birds have been challenged by field strains of any disease virus. Secondly, to obtain red blood cells, the blood is collected into anticoagulant. These can be further used in preparing blood meal. A blood meal is produced from poultry by-products as a high-protein component in animal feeds. The minimum protein content found in poultry blood meal is 80%. A poultry Blood meal is one of the natural sources of protein, which is used as an ingredient animal feed for swine, poultry, fish, and other non-ruminant species. Poultry blood is on-demand from the pet food manufacturing industry due to an increase in demand for more pet food.