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Blood Meal Market Share

Report ID: GMI8108
Published Date: Feb 2024
Report Format: PDF

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Blood Meal Market Share

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Major players operating in the blood meal industry include:

Barentz
Bio-Nutrition
BVC Ingredients
Darling Ingredients
Dinnissen BV
Gea Farm Technologies
GNT Group
Gowans
Grenada Beef
Hamlet Protein
Moy Park
NexGen Bioproducts
PBFS
Sanimax Group
Schroeder Industries

The competitive landscape of the blood meal market features a diverse array of key players, each contributing unique strengths to the industry. Companies like Barentz, Bio-Nutrition, and BVC Ingredients play pivotal roles as suppliers and innovators in the blood meal sector. Barentz, with its global presence, brings a wealth of experience in the distribution of ingredients, including blood meal, catering to various industries. Bio-Nutrition, on the other hand, emphasizes the nutritional aspects of blood meal, contributing to advancements in animal nutrition and feed formulations. BVC Ingredients, a Netherlands-based company, likely leverages its expertise to provide specialized solutions and high-quality blood meal products for diverse applications.

Darling Ingredients stands out as a significant player with a focus on sustainable solutions. Operating on a global scale, Darling Ingredients is involved in repurposing food waste byproducts, including blood, into valuable resources like animal feed ingredients. Dinnissen BV, GEA Farm Technologies, and GNT Group contribute to the competitive landscape through their involvement in equipment manufacturing, technological advancements, and expertise in food and feed processing. Gowans, Grenada Beef, and other entities likely bring regional perspectives, with Grenada Beef potentially contributing to the Caribbean market. This diverse group of companies collectively shapes the competitive dynamics of the blood meal market, reflecting a spectrum of capabilities, geographical reach, and contributions to the industry's growth and development.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for blood meal reached around USD 1 billion in 2023 and is projected to expand at over 3.6% CAGR between 2024 and 2032 attributed to the increasing demand for protein-rich animal feed, particularly in the livestock and aquaculture sectors.

Poultry blood meal industry generated USD 0.75 billion in 2023 and is projected to witness high demand owing to its higher protein content, particularly lysine, an essential amino acid crucial for animal growth and development.

North America industry for blood meal accounted for USD 0.43 billion in revenue in 2023 and is estimated to expand at a notable CAGR through 2032 owing to the region's expanding livestock and poultry industries, coupled with a growing demand for high-protein animal feed.

Some of the leading manufacturers engaged in the blood meal industry are Barentz, Bio-Nutrition, BVC Ingredients, Darling Ingredients, Dinnissen BV, Gea Farm Technologies, GNT Group, Grenada Beef, Hamlet Protein, Moy Park, NexGen Bioproducts, PBFS, Sanimax Group, Schroeder Industries.