Plasma powder is an extremely appetizing protein concentrate intended to add value to pet food formulations. Plasma powder assists in enhancing the quality of the respective formula by guaranteeing consistent aspired texture escalating the protein content and edibility of chunks and pate. In the plasma powder market, highly digestible proteins go well with it being extremely crucial as undigested protein in the gut may impact animal's health because of bacterial fermentation and pathogen overgrowth. Also, there is a desire to lessen the prophylactic usage of antibiotics and zinc oxide within animal feed.
The prominent usage of plasma powder will be in piglet starter diets, making it easier and a profitable disuniting. In sow diets, plasma powder may enhance the farrowing rate and the median piglet weight at weaning. There is a global enhanced heed in the usage of plasma powder fish, shrimp, and poultry starter feeds.
The plasma powder market was valued at USD 2.95 billion in 2022 and is expected to grow to USD 4.69 billion at a CAGR of 4.8% during the forecast period of 2032.
The market is being propelled by the growing demand for high-standard protein-rich animal feed commodities, the escalating demand for high-quality pet food, the increasing usage of plasma powder in the food industry, and the growing demand for aqua-feed products. In the plasma powder market, the growing intake of meat and dairy commodities, together with increasing consciousness of the advantages of protein-rich animal feed products, is pushing the demand for plasma powder in the animal feed industry.
Porcine Rules the Market
The porcine segment has witnessed notable growth due to demand for porcine-derived spray-dried plasma in canned pet food. For instance, pet food maker Blue Buffalo utilizes porcine plasma powder in some of its canned pet food products to offer an escalated quality protein source for pets. The development of the swine feed market has also bestowed the development of the porcine plasma powder segment as the thorough swine production industry uses porcine plasma powder to enhance animal growth rates and lessen fetal growth curtailment in weaners.
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In May 2022, Darling Ingredients Inc, a US-based company specializing in sustainable natural ingredients, made an undisclosed acquisition of Valley Proteins. The acquisition aims to bolster Darling Ingredients' business and expand its offerings of low-carbon intensity feedstocks.
Evolving pet production enterprises, as well as a notable escalation in demand from pet manufacturers for the addition of inventive components to enhance pet health, are anticipated to propel the market. In the plasma powder market, the powder is anticipated to provide a nutritious option to restricted components in wet pet foods, treats, and snacks.
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