Summary

Overview
Global Bovine Plasma Feed Market reached US$ 2.20 billion in 2022 and is expected to reach US$ 3.8 million by 2030, growing with a CAGR of 7.1% during the forecast period 2023-2030.
There was a growing awareness among livestock producers about the importance of animal health and nutrition. The government is providing various schemes for livestock farming. For instance, in India under the National Livestock Mission Scheme, the Central Government offers a 50% capital subsidy (up to a maximum of Rs. 50 Lac) for the establishment of a feed/fodder value addition unit. Bovine plasma feed is known for its nutritional benefits, including high-quality protein and essential nutrients, making it a preferred choice to enhance animal well-being.
Consumer demand for higher-quality animal products has driven a trend in utilizing premium and specialized feeds, such as those incorporating bovine plasma. These feeds are chosen to enhance livestock quality and overall health. The focus on improved nutrition underscores the importance of feed quality in the livestock industry. Bovine plasma feed plays a vital role in meeting these evolving demands.
In the bovine plasma feed market, pet food holds a substantial one-third share, reflecting the significance of this segment in the industry. Additionally, North America commands one-third share due to their high consumption of meat. According to the Government of Canada, in Canada, retail sales of fresh meat were Can$ 14.7 billion in 2021. This higher animal protein consumption demands good feed additives including bovin plasma feed and driving its market growth in that region.
Dynamics
Increased Demand for Animal Protein
As global populations continue to grow, there is a rising demand for animal protein products like meat and dairy. According to FAO, more than 6 billion people consume milk and milk-based products worldwide. Similarly, the per capita consumption of meat is estimated to increase by 0.3% pa to 35.4 kg in retail weight equivalent by 2030. Bovine plasma feed is used to enhance the growth and health of livestock, contributing to increased production efficiency in the meat and dairy industries.
Bovine plasma feed is known for its ability to enhance the growth and efficiency of livestock. It provides essential amino acids, proteins, and bioactive components that promote muscle development and overall animal growth. As the demand for meat and dairy products rises, producers are motivated to use products like bovine plasma feed to maximize production output.
Increasing Demand for Plasma Feed as a Replacement for Antibiotics
Many countries and regions are implementing policies to restrict antibiotic use as growth promoters in farm animals. For instance, on January 28, 2022, the European Union passed a new regulation banning the regular application of antibiotics to farm animals. This has led producers to explore alternative methods for maintaining animal health and productivity, driving demand for products like bovine plasma feed.
Bovine plasma feed contains immune-boosting components, such as immunoglobulins, which enhance livestock health and immunity, thereby reducing the necessity for antibiotics in disease prevention and treatment. Bovine plasma feed can also support gut health by providing essential nutrients and bioactive components. Healthy animals are less prone to illness, and therefore, fewer antibiotics are required.
Safety Concerns
Safety concerns in the bovine plasma feed market primarily revolve around the potential transmission of diseases from cattle to other animals or even humans. Diseases like bovine spongiform encephalopathy (BSE), foot-and-mouth disease, or other infectious agents can be a serious threat if not properly controlled. This risk can lead to strict regulations among producers to use plasma feed.
Stringent regulations are enforced, resulting in increased oversight and stricter regulations for the production and use of bovine plasma feed. Compliance with these regulations can be costly and complex, potentially discouraging market participants. Consequently, the bovine plasma feed market faces the challenge of meeting these stringent regulatory requirements while sustaining market engagement.
Segment Analysis
The global bovine plasma feed market is segmented based on application, end-user and region.
Rising Pet Food Industry
According to the 2021-2022 National Pet Owners Survey conducted by the American Pet Products Association (APPA), found that 70% of U.S. households, roughly 90.5 million families, have pets. This indicates the widespread presence of pets in American homes. Consumers are increasingly concerned about the health and well-being of their pets, leading to a demand for pet food with added functional ingredients like bovine plasma feed, which can contribute to pet health.
Darling Ingredients, a leading company manufacturing plasma feed products, reported that plasma protein is a natural and sustainable source of pet food. It has several benefits, including binding ability, emulsifying qualities, and palatability, which further drive the plasma feed market. Hence, bovine plasma feed makes an attractive ingredient for pet food manufacturers aiming to create health-focused products.
Geographical Penetration
North America’s Growing Meat Consumption
North America, particularly the United States and Canada, has a significant livestock industry, including beef and dairy cattle. According to USDA, in 2022, the expenditures on animals and animal products were $258.5 billion. Out of that, receipts for cattle/calf accounted for a significant $86.1 billion (33.3%), while poultry and eggs contributed $77.0 billion (29.8%), and dairy products amounted to $57.3 billion (22.2%). Bovine plasma feed plays a pivotal role in livestock farming as a valuable feed supplement, promoting animal health and growth.
According to USDA, U.S. In 2022, consumers in the United States would have access to 224.6 pounds of red meat and poultry. As consumers increasingly demand high-quality animal products, producers are inclined to invest in feed solutions that can improve the health and quality of their livestock. Bovine plasma feed can contribute to this goal and drive the market expansion in that region.
Source: DataM Intelligence Analysis (2023)
Competitive Landscape
The major global players include The APC, Inc., Sera-Scandia A/S, Lican Food, KRAEBER & CO GMBH, Feedworks Pty Ltd., ROCKY MOUNTAIN BIOLOGICALS, Lihme Protein Solutions, Thermo Fisher Scientific Inc., Merck KGaA, Auckland BioSciences Ltd
COVID-19 Impact Analysis
COVID Impact
The pandemic led to disruptions in global supply chains. Restrictions on movement and lockdowns affected the transportation and availability of raw materials, including bovine plasma, which could have affected production and supply in the market. COVID-19 outbreaks among farmworkers and processing plant employees led to labor shortages and disruptions in livestock operations, potentially impacting the demand for feed products, including bovine plasma feed.
concerns about the spread of the virus between humans and animals, there may have been increased interest in feed additives that support animal health. Bovine plasma feed, known for its nutritional benefits, might have seen greater attention for its potential role in maintaining animal well-being during the pandemic.
Russia- Ukraine War Impact
The Russia-Ukraine conflict has severely disrupted livestock farming, leading to challenges in procuring vital inputs such as animal feed. These difficulties have had a profound impact on farm operations, resulting in a reduced demand for certain types of feed supplements like bovine plasma. The disruption in the supply chain for feed ingredients poses a significant threat to the growth and well-being of livestock, posing a grave concern for the agricultural sector in these regions.
The Russia-Ukraine conflict caused shifts in demand for livestock products in the affected regions. Livestock producers may adjust their operations in response to changing market conditions, which can subsequently influence the demand for bovine plasma feed. This dynamic relationship between conflict-driven market fluctuations and livestock feed demand underscores the complex impact of geopolitical events on the agricultural sector.
By Application
• Swine Feed
• Pet Food
• Aquafeed
• Others
By End-User
• Scientific Research
• Industrial Production
• Feed
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Russia
o Rest of Europe
• South America
o Brazil
o Argentina
o Rest of South America
• Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
• Middle East and Africa
Key Developments
• In July 2023, ForFarmers, a manufacturer of feed solutions, acquired Piast Pasze, a Producer of animal feed intended to serve the agricultural and poultry industry. This acquisition will merge their feed activities increasing the volume of Forfarmers/Tasomix by 410,000 tons
• On 25 May 2023, Solid Gold, producer and supplier of holistic nutrition solutions intended for cats and dogs. introduced NutrientBoost, a line of plasma-powered pet foods.
Why Purchase the Report?
• To visualize the global bovine plasma feed market segmentation based on product, skill level, target audience, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of Bovine Plasma Feed market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The global bovine plasma feed market report would provide approximately 53 tables, 49 figures and 181 Pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

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Table of Contents

1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Application
3.2. Snippet by End-User
3.3. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Increased Demand for Animal Protein
4.1.1.2. Increasing Demand for Plasma Feed as a Replacement for Antibiotics
4.1.2. Restraints
4.1.2.1. Safety Concerns
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before COVID
6.1.2. Scenario During COVID
6.1.3. Scenario Post COVID
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Application
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
7.1.2. Market Attractiveness Index, By Application
7.2. Swine Feed*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Pet Food
7.4. Aquafeed
7.5. Others
8. By End-User
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
8.1.2. Market Attractiveness Index, By End-User
8.2. Scientific Research*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Industrial Production
8.4. Feed
8.5. Others
9. By Region
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
9.1.2. Market Attractiveness Index, By Region
9.2. North America
9.2.1. Introduction
9.2.2. Key Region-Specific Dynamics
9.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
9.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
9.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
9.2.5.1. U.S.
9.2.5.2. Canada
9.2.5.3. Mexico
9.3. Europe
9.3.1. Introduction
9.3.2. Key Region-Specific Dynamics
9.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
9.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
9.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
9.3.5.1. Germany
9.3.5.2. UK
9.3.5.3. France
9.3.5.4. Italy
9.3.5.5. Russia
9.3.5.6. Rest of Europe
9.4. South America
9.4.1. Introduction
9.4.2. Key Region-Specific Dynamics
9.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
9.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
9.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
9.4.5.1. Brazil
9.4.5.2. Argentina
9.4.5.3. Rest of South America
9.5. Asia-Pacific
9.5.1. Introduction
9.5.2. Key Region-Specific Dynamics
9.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
9.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
9.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
9.5.5.1. China
9.5.5.2. India
9.5.5.3. Japan
9.5.5.4. Australia
9.5.5.5. Rest of Asia-Pacific
9.6. Middle East and Africa
9.6.1. Introduction
9.6.2. Key Region-Specific Dynamics
9.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
9.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10. Competitive Landscape
10.1. Competitive Scenario
10.2. Market Positioning/Share Analysis
10.3. Mergers and Acquisitions Analysis
11. Company Profiles
11.1. The APC, Inc.*
11.1.1. Company Overview
11.1.2. Product Portfolio and Description
11.1.3. Financial Overview
11.1.4. Recent Developments
11.2. Sera-Scandia A/S
11.3. Lican Food
11.4. KRAEBER & CO GMBH
11.5. Feedworks Pty Ltd.
11.6. ROCKY MOUNTAIN BIOLOGICALS
11.7. Lihme Protein Solutions
11.8. Thermo Fisher Scientific Inc.
11.9. Merck KGaA
11.10. Auckland BioSciences Ltd
LIST NOT EXHAUSTIVE
12. Appendix
12.1. About Us and Services
12.2. Contact Us