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Plasma Feed Market Global Industry Analysis By Growth, Size, Share, Competitive Overview, Opportunities, Key Players, And Region With Forecast 2022-2030

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Plasma Technology to Gain Noteworthy Traction from Food & Beverages Sector as Demand for Hygiene Grows

Research and development activities have emerged as the pillars of success for players involved in the current plasma feed market landscape and the trend is most likely to continue in the upcoming years. Research investments are expected to rise in the upcoming years largely driven by the outbreak of the novel COVID-19 pandemic. Several studies have revealed that the plasma technology can play a key role in inactivating microbial pathogens, fungi, viruses, and bacteria, among others. Moreover, the plasma technology has offered tremendous promise in inactivating pathogens on the surface of medical and dental devices due to which, the plasma feed market is expected to witness consistent growth in the upcoming years.

While the healthcare sector is projected to provide noteworthy opportunities to the players involved in the current plasma feed market landscape, the food & beverages industry is anticipated to remain the most prominent end-use industry. Current applications of plasma feed include sterilization and disinfection of surfaces, medical devices, and food preservation. With additional research pertaining to the potential scope of plasma feed, the usage of this technology is anticipated to spike during the forecast period. The players operating in the current plasma feed market landscape are expected to focus on improving the efficacy of the plasma feed technology to strengthen their foothold in the current plasma feed market.

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At the back of these factors, the global plasma feed market is on the course to surpass the market value of ~US$ 4.1 Bn by the end of 2030. Furthermore, significant rise in the usage of plasma feed as an alternative to antibiotics is likely to provide abundant opportunities to existing as well as upcoming market players operating in the current market for plasma feed.

Surge in Demand for Plasma Feed Technology for Food Preservation to Fuel Market Growth

Evolving consumer preferences have played an instrumental role in shaping the growth of the food & beverages sector worldwide. The emergence of new trends, products, and technologies have largely been driven by rapidly changing consumer trends. In the current day and age, consumers demand high levels of transparency from food manufacturers, in terms of product sourcing, hygiene testing, certification, etc. With consistent rise in the demand for food preservation, new technologies, including plasma feed have emerged as ideal solutions to cater to the current requirements of the industry. Over the past decade, the novel plasma feed technology has offered immense promise as an effective disinfectant for food products and various types of packaging materials.

In addition, as cold plasma is cost-efficient, free of waste, and leaves minimal chemical residue on the product, the uptake of plasma feed has witnessed a major rise in recent years– a trend that is set to continue during the forecast period.

At present, market players are increasingly focusing on addressing challenges related to the usage of cold plasma, and maximize spore and microbial inactivation. While the food & beverages industry is projected to remain a key end-use sector, researchers at the the opinion that the plasma feed technology has potential uses within the aerospace sector. Cold plasma treatment is also gaining gradual traction as an alternative water-treatment solution due to the mounting concerns related to chlorine. Existing and upcoming players operating in the plasma feed market are expected to increase their R&D expenditure and unlock the potential of the plasma feed technology.

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Demand to Grow amid Ongoing COVID-19 Pandemic

The outbreak of the COVID-19 pandemic is expected to have a strong impact on the overall growth of the global plasma feed market in 2020. In the wake of the ongoing COVID-19 situation, the demand for effective sterilization and disinfection of products, packaging materials, and other commodities has witnessed exponential growth– a factor that is expected to bolster the growth of the plasma feed market during the ongoing pandemic. Furthermore, as consumers continue to tread with caution and demand high levels of hygiene and tests from players involved in the food & beverages sector, the uptake of plasma feed technology is anticipated to increase in the upcoming months.

Analysts’ Viewpoint

The global plasma feed market is on the course to expand at a high CAGR of ~5% during the forecast period. The market growth can be primarily attributed to factors such as considerable rise in the production of meat on the global scale, increase in the overall consumption of animal-based proteins, and consumer demand for optimum hygiene and testing. Market players should ideally focus on research and development activities to improve the efficacy of the existing plasma feed technology to strengthen their position in the market.

Plasma Feed Market: Overview

The global plasma feed market was valued at US$ 2.4 Bn in 2019 and is projected to expand at a high CAGR from 2020 to 2030

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Plasma feed can be defined as feed products, which involve animal-derived plasma proteins and plasma as feed ingredients. Plasma, as an animal feed ingredient, is easily digestible and offers high quality protein. It primarily contains essential plasma proteins, including globulins and albumin.

The global plasma feed market is driven by increase in production of meat globally, demand for high protein animal meal, adoption of pets, humanization contributing to the demand for high protein pet food, feed production, and industrial applications of plasma feed

Additionally, increase in disposable income in emerging markets and rise in demand for animal meat in certain countries contribute to the growth of the global market

Significant increase in the production of plasma feed in Asian countries boosts the growth of the global plasma feed market

Plasma Feed Market: Segmentation

The global plasma feed market has been segmented based on source, application, and region

In terms of source, the global plasma feed market has been categorized into bovine, swine, shark, poultry, synthetic, and others. The swine segment dominated the global market in terms of revenue in 2019 and the trend is projected to continue during the forecast period. The segment is driven by usage of swine plasma as a component of animal feed in post-weaning piglets, in aquaculture, and in poultry farms.

Increase in export of porcine feed from few countries in Europe to countries in Asia contributes to the economic trade growth in the region. The continuous import of poultry products in EU countries leading to an oversupply and the increasing outbreak of avian influenza in certain countries in Central and South Eastern Europe, including Ireland, would have a negative economic impact on the demand for poultry consumption.

Based on application, the global plasma feed market has been classified into industrial and commercial. Commercial was the dominant segment in 2019. The trend is anticipated to continue during the forecast period. Growth of the commercial segment can be attributed to increase in usage of animal plasma products in animal feed, owing to high protein and amino acid content. Additionally, its ability to increase the palatability of the feed, along with nutrition content contributes to the growth of the segment.

Plasma Feed Market: Regional Segmentation

In terms of region, the global plasma feed market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Asia Pacific dominated the global plasma feed market in 2019 and the trend is projected to continue during the forecast period

The plasma feed market in Asia Pacific is anticipated to expand at a high CAGR from 2020 to 2030. The plasma feed market in the region is expected to expand at a high CAGR during the forecast period, owing to significant rise in meat and seafood consumption, which can be ascribed to the increase in disposable income, growth in urbanization, rise in population.

Plasma Feed Market: Major Players

The global plasma feed market is fragmented in terms of number of players. Key players operating in the global plasma feed market are

  • Daka Denmark A/S (SARIA Group)
  • Lauridsen Group, Inc.
  • Sera Scandia A/S
  • Nutreco (SHV Holdings N.V.)
  • Puretein Agri LLC
  • Kraeber & Co GmbH
  • Rocky Mountain Biologicals
  • Darling Ingredients, Inc.
  • VEOS Group
  • Lihme Protein Solutions
  • EccoFeed LLC
  • Feedworks Pty Ltd.
  • among others.

In January 2020, Darling Ingredients bought out Intrexon by acquiring the remaining 50% stake in EnviroFlight, a producer of non-pathogenic black soldier fly larvae at scale. EnviroFlight focuses on enhancing the global food supply chain to meet the increase in demand among the population.

In January 2020, Nutreco announced investment in Kingfish Zeeland, a Netherlands-based company, which supplies yellowtail kingfish to Europe and the U.S., through a proprietary recirculating aquaculture system (RAS). This investment is likely to boost Nutreco’s U.S. and Europe supplies of yellowtail kingfish.

In June 2018, Essentia acquired a Denmark-based protein manufacturer Scanflavour A/S. This acquisition enabled the company to strengthen its position as one of the leading global manufacturers of animal-based protein ingredients. Essentia Protein Solutions belongs to The Lauridsen Group, Inc.

Key Questions Answered in Plasma Feed Market Report

  • What will be the sales revenue generated by plasma feed across all regions during the forecast period?
  • What are the key trends in the global plasma feed market?
  • What are major drivers, restraints, and opportunities in the global plasma feed market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which application segment will generate maximum revenue by 2030 and which product segment will expand at the fastest CAGR during the forecast period?

Plasma Feed Market – Segmentation

Source

  • Bovine
  • Swine
  • Poultry
  • Synthetic
  • Shark
  • Others

Application

  • Industrial
  • Commercial

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

TABLE OF CONTENT

1. Preface

1.1. Market Definition and Scope

1.2. Market Segmentation

1.3. Key Research Objectives

1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Plasma Feed Market

4. Market Overview

4.1. Definition

4.2. Market Indicators

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunities

4.4. Global Plasma Feed Market Value (US$ Mn) Forecast, 2018–2030

4.5. Global Plasma Feed Market Outlook

5. Key Insights

5.1. COVID-19 Pandemics Impact on Industry (value chain and short / mid / long term impact)

5.2. Regulatory Scenario

5.3. Key Mergers & Acquisitions

5.4. Pricing Analysis

5.5. Import & Export Data

5.6. Major Producer, Importer & Exporter Countries

5.7. Key Insights on Blood Meal & Other Alternatives

6. Global Plasma Feed Market Analysis and Forecast, by Source

6.1. Introduction

6.2. Global Plasma Feed Market Value Share Analysis, by Source

6.3. Global Plasma Feed Market Value Forecast, by Source, 2018–2030

6.3.1. Bovine

6.3.2. Swine

6.3.3. Poultry

6.3.4. Shark

6.3.5. Synthetic

6.3.6. Others

6.4. Global Plasma Feed Market Attractiveness Analysis, by Source

7. Global Plasma Feed Market Analysis and Forecast, by Application

7.1. Introduction

7.2. Global Plasma Feed Market Value Share Analysis, by Application

7.3. Global Plasma Feed Market Value Forecast, by Application, 2018–2030

7.3.1. Industrial

7.3.2. Commercial

7.4. Global Plasma Feed Market Attractiveness Analysis, by Application

8. Global Plasma Feed Market Analysis and Forecast, by Region

8.1. Regional Outlook

8.2. Introduction

8.3. Global Plasma Feed Market Value Forecast, by Region

8.3.1. North America

8.3.2. Europe

8.3.3. Asia Pacific

8.3.4. Latin America

8.3.5. Middle East & Africa

8.4.  Global Plasma Feed Market Attractiveness Analysis, by Region

9. North America Plasma Feed Market Analysis and Forecast

9.1.  Key Findings

9.2.  North America Plasma Feed Market Value Forecast, by Source, 2018–2030

9.2.1. Bovine

9.2.2. Swine

9.2.3. Poultry

9.2.4. Shark

9.2.5. Synthetic

9.2.6. Others

9.3. North America Plasma Feed Market Value Forecast, by Application, 2018–2030

9.3.1. Industrial

9.3.2. Commercial

9.4. North America Plasma Feed Market Value Forecast, by Country, 2018–2030

9.4.1. U.S.

9.4.2. Canada

9.5. North America Plasma Feed Market Attractiveness Analysis

9.5.1. By Source

9.5.2. By Application

9.5.3. By Country

10. Europe Plasma Feed Market Analysis and Forecast

10.1.  Key Findings

10.2.  Europe Plasma Feed Market Value Forecast, by Source, 2018–2030

10.2.1. Bovine

10.2.2. Swine

10.2.3. Poultry

10.2.4. Shark

10.2.5. Synthetic

10.2.6. Others

10.3. Europe Plasma Feed Market Value Forecast, by Application, 2018–2030

10.3.1. Industrial

10.3.2. Commercial

10.4. Europe Plasma Feed Market Value Forecast, by Country/Sub-region, 2018–2030

10.4.1. U.K.

10.4.2. Germany

10.4.3. France

10.4.4. Italy

10.4.5. Spain

10.4.6. Rest of Europe

10.5. Europe Plasma Feed Market Attractiveness Analysis

10.5.1. By Source

10.5.2. By Application

10.5.3. By Country/Sub-region

11. Asia Pacific Plasma Feed Market Analysis and Forecast

11.1.  Key Findings

11.2. Asia Pacific Plasma Feed Market Value Forecast, by Source, 2018–2030

11.2.1. Bovine

11.2.2. Swine

11.2.3. Poultry

11.2.4. Shark

11.2.5. Synthetic

11.2.6. Others

11.3. Asia Pacific Plasma Feed Market Value Forecast, by Application, 2018–2030

11.3.1. Industrial

11.3.2. Commercial

11.4. Asia Pacific Plasma Feed Market Value Forecast, by Country/Sub-region, 2018–2030

11.4.1. China

11.4.2. India

11.4.3. Japan

11.4.4. Australia & New Zealand

11.4.5. Rest of Asia Pacific

11.5. Asia Pacific Plasma Feed Market Attractiveness Analysis

11.5.1. By Source

11.5.2. By Application

11.5.3. By Country/Sub-region

12. Latin America Plasma Feed Market Analysis and Forecast

12.1.  Key Findings

12.2. Latin America Plasma Feed Market Value Forecast, by Source, 2018–2030

12.2.1. Bovine

12.2.2. Swine

12.2.3. Poultry

12.2.4. Shark

12.2.5. Synthetic

12.2.6. Others

12.3. Latin America Plasma Feed Market Value Forecast, by Application, 2018–2030

12.3.1. Industrial

12.3.2. Commercial

12.4. Latin America Plasma Feed Market Value Forecast, by Country/Sub-region, 2018–2030

12.4.1. Brazil

12.4.2. Mexico

12.4.3. Rest of Latin America

12.5. Latin America Plasma Feed Market Attractiveness Analysis

12.5.1. By Source

12.5.2. By Application

12.5.3. By Country/Sub-region

13. Middle East & Africa Plasma Feed Market Analysis and Forecast

13.1.  Key Findings

13.2. Middle East & Africa Plasma Feed Market Value Forecast, by Source, 2018–2030

13.2.1. Bovine

13.2.2. Swine

13.2.3. Poultry

13.2.4. Shark

13.2.5. Synthetic

13.2.6. Others

13.3. Middle East & Africa Plasma Feed Market Value Forecast, by Application, 2018–2030

13.3.1. Industrial

13.3.2. Commercial

13.4. Middle East & Africa Plasma Feed Market Value Forecast, by Country/Sub-region, 2018–2030

13.4.1. GCC Countries

13.4.2. South Africa

13.4.3. Rest of Middle East & Africa

13.5. Middle East & Africa Plasma Feed Market Attractiveness Analysis

13.5.1. By Source

13.5.2. By Application

13.5.3. By Country/Sub-region

14. Competitive Landscape

14.1.  Market Player – Competition Matrix (by tier and size of companies)

14.2.  Market Ranking Analysis, by Company, 2019

14.3. Company Profiles

14.3.1. Daka Denmark A/S (SARIA Group)

14.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

14.3.1.2. Financial Overview

14.3.1.3. Product Portfolio

14.3.1.4. Strategic Overview

14.3.1.5. SWOT Analysis

14.3.2. Lauridsen Group, Inc.

14.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)

14.3.2.2. Financial Overview

14.3.2.3. Product Portfolio

14.3.2.4. Strategic Overview

14.3.2.5. SWOT Analysis

14.3.3. Sera Scandia A/S.

14.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)

14.3.3.2. Financial Overview

14.3.3.3. Product Portfolio

14.3.3.4. Strategic Overview

14.3.3.5. SWOT Analysis

14.3.4. Nutreco (SHV Holdings N.V.)

14.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)

14.3.4.2. Financial Overview

14.3.4.3. Product Portfolio

14.3.4.4. Strategic Overview

14.3.4.5. SWOT Analysis

14.3.5. Puretein Agri LLC

14.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)

14.3.5.2. Financial Overview

14.3.5.3. Product Portfolio

14.3.5.4. Strategic Overview

14.3.5.5. SWOT Analysis

14.3.6. Kraeber & Co GmbH

14.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)

14.3.6.2. Financial Overview

14.3.6.3. Product Portfolio

14.3.6.4. Strategic Overview

14.3.6.5. SWOT Analysis

14.3.7. Rocky Mountain Biologicals

14.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)

14.3.7.2. Financial Overview

14.3.7.3. Product Portfolio

14.3.7.4. Strategic Overview

14.3.7.5. SWOT Analysis

14.3.8. Darling Ingredients Inc.

14.3.8.1. Company Overview (HQ, Business Segments, Employee Strength)

14.3.8.2. Financial Overview

14.3.8.3. Product Portfolio

14.3.8.4. Strategic Overview

14.3.8.5. SWOT Analysis

14.3.9. VEOS Group

14.3.9.1.  Company Overview (HQ, Business Segments, Employee Strength)

14.3.9.2. Financial Overview

14.3.9.3. Product Portfolio

14.3.9.4. Strategic Overview

14.3.9.5. SWOT Analysis

14.3.10. Lihme Protein Solutions

14.3.10.1.  Company Overview (HQ, Business Segments, Employee Strength)

14.3.10.2. Financial Overview

14.3.10.3. Product Portfolio

14.3.10.4. Strategic Overview

14.3.10.5. SWOT Analysis

14.3.11. EccoFeed LLC

14.3.11.1.  Company Overview (HQ, Business Segments, Employee Strength)

14.3.11.2. Financial Overview

14.3.11.3. Product Portfolio

14.3.11.4. Strategic Overview

14.3.11.5. SWOT Analysis

14.3.12. Feedworks Pty Ltd.

14.3.12.1.  Company Overview (HQ, Business Segments, Employee Strength)

14.3.12.2. Financial Overview

14.3.12.3. Product Portfolio

14.3.12.4. Strategic Overview

14.3.12.5. SWOT Analysis

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