What is Plasma Powder?
Plasma powder is produced from porcine, bovine, or ovine blood through the drying process. It is a palatable protein source that is highly utilized in animal feed to improve texture and help to support the immune health of animals. Growing adoption of pets and awareness about pet health among the owners has increased the demand for plasma powder. It is used in the manufacturing of high-quality canned pet foods, chunks, and pate. In today’s time, plasma powder is becoming popular in diet supplements as it is a highly digestible protein source.
The market study is broken down, by Application (Animal Feed {Poultry, Pet, Swine, Ruminant} and Food & Beverages) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Plasma Powder market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sonac (Darling Ingredients) (united States), Sigma-Aldrich (United States), Alfa Aesar (United States), Otto Chemie Pvt Ltd (India), VEOS Group (Belgium), Animix LLC (United States), Yeruva SA (Argentina) and EAPA (Belgium) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Plasma Powder market by Type, Application and Region.
On the basis of geography, the market of Plasma Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Plasma Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Porcine will boost the Plasma Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Increasing Use of Animal-Based Plasma Powder as an Ingredient in the Dried Whey Powder
Market Drivers
- Surging Demand of Plasma Powder in the Pet Food to Improve Texture and Protein
Opportunities
- Growing Popularity of Animal Feed with Spray-Dried Bovine Plasma
Restraints
- High Cost Associated with Freeze-Drying Process
Challenges
- Availability of Other Alternatives to Provide Excellent Nutritional Ingredients
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Plasma Powder Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.