Blood Meal Market, Global Trends 2021, Key Players, Industry Analysis Report to 2027

A blood meal is a dry, inert powder made from the blood, which is used as high protein feed for animals and as a fertilizer. It ensures nutritious and safe feed for animals. Blood is a perishable product; therefore, it is processed and collected throughout the slaughtering of pigs, cattle, chicken, and others. Later, the blood is dried and processed and made into blood meal so that it can be incorporated and handled into rations. The blood meal contains a large amount of protein and is used as supplement diets based on plant by-products, cereal grains, and forages.

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The various methods to prepare blood meal are solar drying, drum drying, ring & flash drying, and spray drying. The drying process is crucial as there is an inverse relationship between protein digestibility and the amount of heat applied. Overcooked blood meals are darker due to the destruction of hemoglobin. The growing adoption of a pet is a key factor fueling the growth of the global blood meal market, as it plays a vital role in the global animal feed and pet food industry. The market is further driven by the increase in consumption of animal-based products in emerging countries due to increasing urbanization.

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The prominent players functioning in the global blood meal market are West Coast Reduction Ltd., Pure Top Group Co., Ltd., Valley Proteins, Inc., Darling Ingredients, Allana Group, The Boyer Valley Co., Inc., FASA Group, and Sanimax Corp. These market players are continuously contributing to the market by implementing various market techniques and approaches which includes product launch and approvals, merger and acquisition, partnerships and collaborations, and others for gaining a strong position in the market. Along with these, the companies are focusing on expanding the distribution network and manufacturing facilities. For instance, in 2018, Darling Ingredients completely acquired Kruger Commodities Inc., a US-based company, which helped the company to expand cooking oil collecting business and protein blending operations in the US.

Global Blood Meal Market- Segmentation

By Technology

  • Poultry
  • Porcine
  • Ruminant

By Process

  • Solar Drying
  • Drum Drying
  • Ring & Flash Drying
  • Spray Drying

By Application

  • Poultry Feed
  • Porcine Feed
  • Ruminant Feed
  • Others (Aquafeed)

Global Blood Meal Market- Regions

North America           

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific    

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

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(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)

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