Global Blood Meal
Market Report
2024
The global Blood Meal market size is USD 2.23 billion in 2024. The Blood Meal market will show strongest growth with a CAGR (compound annual growth rate) of 3.1% from 2024 to 2031. This growth can be because of the increasing demand for animal-protein supplements.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Blood Meal market size is USD 2.23 billion in 2024 and will rise at a CAGR (compound annual growth rate) of 3.1% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Blood Meal Market Sales Revenue 2024 | $ 2.23 Billion |
Global Blood Meal Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.1% |
Market Split by Source |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Blood Meal Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Blood meal is a dehydrated version of animal blood, which serves as an excellent source of nutrition and proteins. This powdered form is utilized to enhance the nutritional content of feeds for poultry, fish, and similar animals. The rising urbanization in developing nations adds momentum to its demand. Besides, its dual application in agriculture as both fertilizer and feed is anticipated to bolster its market demand throughout the research. Several reasons are expected to propel the Blood Meal industry to a substantial expansion in the future years. Factors such as increasing demand for animal-protein supplements, expanding livestock production, heightened awareness of blood meal's nutritional benefits, and its versatile applications in agriculture as both fertilizer and feed drive this market. Further, the escalating urbanization in developing countries is expected to fuel demand.
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In June 2023, Darling Ingredients Inc. unveiled its plans to enter a letter of intent with Butterball, LLC for the exploration of constructing a new poultry rendering plant adjacent to Butterball's facility in Mt. Olive, North Carolina. The contemplated facility is projected to process around 18 million pounds of material per week, facilitated by three production lines.
(Source: https://www.darlingii.com/media/news/20230531-agreement-with-butterball-2023)
Top Companies Market Share in Blood Meal Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and held for around 40% of the global revenue. North America emerged as the dominant region in the Blood Meal market due to growing consumer preferences for farm products cultivated through organic farming methods. Additionally, rising consumption of fish and meat-based products is driving increased demand for aquaculture products in the region.
Asia-Pacific stands out as the fastest-growing region in the Blood Meal market due to the rising consumption of meat and fish products. Furthermore, as the aquaculture industry continues to develop, the demand for blood meal in this region is experiencing rapid growth. This surge underscores the pivotal role of blood meal as a valuable protein supplement in meeting the evolving nutritional needs of livestock and aquaculture sectors.
The current report Scope analyzes Blood Meal Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Blood Meal Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Blood Meal Industry growth. Blood Meal market has been segmented with the help of its Source, Application , and others. Blood Meal market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, Poultry blood is the dominant category. Poultry blood is favored as the primary source of blood meal due to its higher protein content, particularly abundant in lysine—an essential amino acid crucial for animal growth. Concerns over diseases such as African swine fever in pigs may deter the use of porcine blood. While both poultry and ruminant blood are protein-rich, poultry blood's amino acid profile and ease of processing solidify its dominance in the blood meal market. .
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Blood Meal from 2019 to 2031. This will also help to analyze the demand for Blood Meal across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Blood Meal are:
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Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in the agriculture and food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for both the agriculture and food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Blood Meal Market is witnessing significant growth in the near future.
In 2023, the Porcine Blood segment accounted for noticeable share of global Blood Meal Market and is projected to experience significant growth in the near future.
The Animal Feed segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Darling Ingredients Inc. (US) , West Coast Reduction Ltd. (Canada) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Source | Porcine Blood, Poultry Blood, Ruminant Blood |
Application | Animal Feed, Agriculture, Others |
List of Competitors | Darling Ingredients Inc. (US), Terramar Chile SpA. (Chile), West Coast Reduction Ltd. (Canada), Valley Proteins Inc. (US), Ridley Corporation Limited (Australia), Allanasons Pvt Ltd (India), The Boyer Valley Company (US), FASA Group (Brazil), Sanimax (US), APC Inc. (US), Apelsa Guadalajara SA de CV (Mexico) |
This chapter will help you gain GLOBAL Market Analysis of Blood Meal. Further deep in this chapter, you will be able to review Global Blood Meal Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Source Analysis 2019 -2031, will provide market size split by Source. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Source Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Blood Meal market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Porcine Blood have a significant impact on Blood Meal market? |
What are the key factors affecting the Porcine Blood and Poultry Blood of Blood Meal Market? |
What is the CAGR/Growth Rate of Animal Feed during the forecast period? |
By type, which segment accounted for largest share of the global Blood Meal Market? |
Which region is expected to dominate the global Blood Meal Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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