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.
A blood meal is a dried & inert powder prepared from the blood of different livestock, including cattle, pigs, and chickens, under very specific conditions. It is utilized as a high nitrogen organic fertilizer and as a high protein feed for animals. It is considered one of the highest non synthetic sources of nitrogen. A blood meal is used as a dietary supplement for livestock, and it is mainly included in supplying dietary lysine for livestock. Bone meal, blood meal, and other animal by-products are authorized in certified organic production, mainly as soil amendments. A blood meal is another bone meal; however, blood meal carries a higher amount of nitrogen, while a bone meal holds phosphorus. A blood meal is further used as a composting activator. Blood meal can also be spread over gardens to deter pest animals like rabbits.
The blood meal market in the North American region is expected to grow at the highest CAGR of 4.1% during the forecast period. The growth of the livestock industry plays a most crucial role in meeting the growing demand for food. And blood meal is highly utilized in the animal feed industry in terms of aquafeed, ruminant feed, and poultry feed. The production, as well as consumption of blood meal, is further increasing in the US owing to increasing demand for healthy food options coupled with a rising focus regarding organic product among the population. The increase in disposable per capita income of consumers has further motivated them to look forward to even healthy feed ingredients, which are presumed to boost the growth of the market. Most of the manufacturers are also taking advantages of utilizing less costly ingredient like blood meal in animal feed.
Effect of COVID-19 Upon Blood 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 May 2020, the US, India, Brazil, Russia, Spain, the UK, and some other countries are among the worst-hit countries in terms of confirmed cases and reported deaths. The outbreak has been affecting economies in various countries due to lockdowns, travel bans, and business shutdowns called protective measures to stop the spread of COVID-19. The food processing industry is considered as one of the major industries in the world that are suffering serious factory shutdown, supply chain disruptions, technology events cancellations, and office shutdowns because of this outbreak. Even though some of the manufacturers are trying to recover their loss by implementing new strategies, it will take ample time to overcome the pandemic loss.
Global Blood Meal Market
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Market Insights
Growing Demand for Nutritional Feed
Blood is used as a liquid protein due to its high protein content, and it is rich in amino acids such as Lysine. It has a benefit over plant-based protein, which holds low lysine content. Some of the factors that are influencing the growth of the blood meal market include the rise in disposable per capita incomes of people, high living standards, growing demand for animal proteins, and tend to prefer organic products. In addition, the growth in aquaculture is also creating the demand for nutritious feed. There is also an increasing demand for meat products and an increase in the slaughter of animals, further opening up various opportunities for producers of the blood meal. The ongoing ‘organic trend also proven to be a positive factor for this market. Farmers used blood meal as natural fertilizer since it contains nitrogen. The multiple benefits possess by blood meal are anticipated to boost market growth throughout the forecast period.
Source-Based Insights
The blood meal market, based on source, is segmented into 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 blood segment is expected to grow at the highest CAGR during the forecast period. Poultry blood is the commonly preferred raw material, which is utilized to produce blood meal owing to its high amino acid content, especially Lysine. A poultry Blood meal is a natural source of protein, which is employed as an ingredient in animal feed, mainly for pigs, poultry, fish, and other species which are non-ruminant. The raw material is basically collected from slaughterhouses, and it is processed in a poultry processing plant. The blood meal is free from the additives that improve the natural protein.
Global Blood Meal Market, 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, aquafeed, and others. The porcine feed segment 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. Spray-dried porcine plasma is prepared by processes such as the blood from slaughtered pigs is collected and added to an anticoagulant, which is generally sodium citrate, then it is centrifuged to remove erythrocytes. The plasma collected is consequently spray-dried and utilized to produce animal feeds.
Process-Based Insights
The blood meal market, 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 blood is first dispersed into a high-velocity venturi section of the system. The blood at first attends the hot drying airstream, and then the evaporation occurs. The product is further dried as soon as it is conveyed up via the drying column. The presence of an internal classifier in the ring drying system mainly differentiates it from the flash dryer. Ring drying includes coagulating the blood through steam heating; the coagulum is centrifuged & dried with hot gas in a ring drier. The ring-dried blood meal offers greater content of a total volume, and the presence of amino acids is of better nutritional quality. For instance, lysine availability as a percentage is 84% to 89% for a ring-dried blood meal, than to batch-dried blood meal in which lysine is just 62% to 77%.
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Blood Meal Market: Strategic Insights
Market Size Value in US$ 1,825.9 Million in 2018 Market Size Value by US$ 2,451.6 Million by 2027 Growth rate CAGR of 3.4% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Blood Meal Market: Strategic Insights
| Market Size Value in | US$ 1,825.9 Million in 2018 |
| Market Size Value by | US$ 2,451.6 Million by 2027 |
| Growth rate | CAGR of 3.4% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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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.
Report Spotlights
- Progressive industry trends in the global blood mealmarket to help players develop effective long-term strategies
- Business growth strategies adopted by companies in developed and developing markets
- Quantitative analysis of the global blood meal market from 2017 to 2027
- Estimation of global blood meal demand generated by various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the blood meal ecosystem
- Recent developments to understand the competitive market scenario and global blood mealdemand
- Market trends and outlook, coupled with factors driving and restraining the growth of the global blood meal market
- Insights to help in decision-making process by understanding strategies which underpin commercial interest with regard to the blood meal market growth globally
- Global blood meal market size at various nodes of the market
- Detailed overview and segmentation of the global blood meal market, as well as the blood meal industry dynamics
- Global blood meal market size in various regions with promising growth opportunities
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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Source ; Application ; Process ; and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
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.
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 Dryingin Blood Meal Market, Revenue Forecast to 2027 (US$ Mn)
9.4 Drum Drying
9.4.1 Overview
9.4.2 Drum Dryingin 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 Dryingin Blood Meal Market, Revenue and Forecast to 2027 (US$ Mn)
9.6 Spray Drying
9.6.1 Overview
9.6.2 Spray Dryingin 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 Dryingin Blood Meal Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 29. Ring and Flash Dryingin Blood Meal Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 30. Spray Dryingin 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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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