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Plasma Powder Market Share

Report ID: GMI5142
Published Date: Feb 2023
Report Format: PDF

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Plasma Powder Market Share

Major companies operating in the market are

Darling Ingredients (Sonac)
VEOS
Lican Food Rocky Mountain Biologicals
Acontex GmBH
Merck KGaA
GRG Enviro Sound Solutions Pvt Ltd
Kraeber & CO. GmBH
Cargill
Incorporated
Animix LLC
Shenzhen Taier
FeedStimulants
Uruguayan Animal Proteins
Actipro
APC

Companies in this business space have been focusing on expanding production capacity and adopting other growth measures, such as mergers and acquisitions, in a bid to strengthen their global foothold. For instance, in May 2021, Darling ingredients, in collaboration with Rousselot brand, inaugurated an upgraded Brazilian innovation lab to fulfill the needs for best product application support across pharmaceutical, nutrition, and food markets. Through this move, the company strategizes to accelerate its global lab network to offer innovation, application, and expertise formulations.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of plasma powder valued at USD 2.9 billion in 2022 and is set to grow at 5% CAGR from 2023 to 2032, backed by the burgeoning demand for high-quality protein-rich animal feed ingredients.

The animal feed application is primed to garner over USD 4 billion in gains by 2032, given the increasing consumption of animal products and seafood worldwide due to their nutritional benefits.

The porcine segment is projected to witness over 4.5% CAGR between 2023 and 2032, due to the flourishing pig meat trade and the subsequent rise in uptake of swine feed products.

Leading firms in the market include Darling Ingredients (Sonac), VEOS, Lican Food Rocky Mountain Biologicals, Acontex GmBH, Merck KGaA, GRG Enviro Sound Solutions Pvt Ltd, Kraeber & CO. GmBH, Cargill, Incorporated, Animix LLC, Shenzhen Taier, FeedStimulants, Uruguayan Animal Proteins, Actipro, and APC.