Plasma Powder

Global plasma powder will have a boosting in coming years. According to the WK Research, “Global Plasma Powder Professional Survey Report 2024, Forecast to 2029”, increasing focus of key companies on the development of safe and nutritious animal feed is a vital factor that would drive the market. The compound annual growth rate (CAGR) for the 2024-2029 period is projected to be 5.21% base on WK Research regression analysis model.

Analysts’ Viewpoint:
“To address the high demand for plasma powder-infused products from various industries, key companies are concentrating on producing novel and highly effective plasma powder. They are expected to create new plasma powders from diverse animal sources for providing high levels of animal protein for a wide range of food and feed applications. Some of the other key players are also focusing on increasing their market presence through mergers and acquisitions, as well as opening new manufacturing units in numerous locations to generate high shares”, said Kevin Rose, Senior analyst, in WK Research.


Market insight:
Increasing government regulations imposed over the antimicrobial growth promoters in major developing countries and similar growth parameters between AMGP and plasma powder is a major factor driving the plasma powder market globally during the forecast period. The inclusion of plasma powder in bovine feeding activities has shown various benefits over other protein-related additives, including increased gains, fewer scour days, better fecal scores, less dehydration, and reduced mortality. Additionally, growing pet production activities and a significant rise in demand from pet manufacturers towards the inclusion of innovative ingredients to improve pet health are predicted to boost the market for plasma powder during the forecast period. The plasma powders are expected to provide a healthy solution to formulate limited ingredient wet pet foods, treats, and snacks. Ability of plasma powder to raise protein content, improve product quality, assure uniform desirable texture, and thicken gravy is expected to drive its demand for usage in culinary products. Urgent need for multi-functionality, convenience, and organic food items worldwide is also set to propel the demand for food thickeners.
Rising need for food thickeners for use in soups, sauces, stews, and broths is another vital factor that would aid growth. Increasing consumer preference for high-protein foods, as well as rising demand for ready-to-eat, high-nutrition foods would have a beneficial impact on the plasma powder market.
However, the availability of alternatives at much lower costs and lack of awareness among the farming communities in developing and underdeveloped nations are major factors hindering the growth of the plasma powder market globally during the forecast period.


Competition Landscape:
Darling ingredients and the Rousselot brand announced the opening of a new Brazilian innovation lab in May 2021. The updated lab will be used to meet the needs of the pharmaceutical, nutrition, and food industries for the finest product application support. The company planned to use this to develop its global lab network in order to provide innovation, application, and expertise formulations. This WK Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plasma powder companies that include: Darling ingredients, Veos Group, ACTIPRO, Lican food, APC Inc, SARIA Group, Rock Mountain Biologicals, Merck KGaA., Arkion Life, Haripro.

Segmentation of Plasma Powder Market:
According to the source type, the market for plasma powder is divided into: Pork, Beef, Lamb. Beef has the largest market share. In the food processing sector, bovine plasma is extensively utilized as an emulsifier and fat replacer. Rising export and import of processed food items, as well as rapid expansion of the processed food industry would bode well for the segment. Besides, use of bovine plasma is expected to reduce pollution and prevent the loss of a valuable protein source, thereby resulting in greater earnings and environmental benefits that would help the market to flourish.

According to the application, the market for plasma powder is divided into: Animal Feed, Food, Pharmaceutical and Others. Introduction of novel plasma-derived medicines is propelling the pharmaceutical segment forward. In addition, rising incidence of genetic illnesses is likely to encourage healthcare professionals to use plasma-derived medications for treatment. Over the last two decades, there has been a surging demand for tailored medicines, as well as growing preference for early disease identification. These factors are expected to favorably influence the segment in the global market.


Plasma Powder Market: Regional Analysis
In terms of geography, the global plasma powder market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Increased demand for high-nutrition pet food should result in increased income for the industry. Because of the vast number of pet owners in the region, North America is expected to emerge as a prominent market for the product. This will drive product demand for pet food applications. Because of the growing popularity of pet ownership and a pet-loving lifestyle, as well as the introduction of online shopping, the pet business has seen spectacular expansion, which should benefit the entire market size.
Market expansion should be aided by rising usage of the product as a low-cost egg alternative in baking food goods. The food processing business is being driven by rising need for convenient, ready-to-eat food products as a result of changing lifestyles and hectic schedules, which should stimulate product demand. Furthermore, rising consumer preferences for healthy components in food products, as well as changes in food eating habits in response to changing trends, are expected to promote the growth of the North American plasma powder market.

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