Blood Meal Market Research Report - Global Forecast till 2027

Global Blood Meal Market Research Report: Information by Source (Poultry Blood, Porcine Blood and Ruminant Blood), Process (Solar Drying, Drum Drying, Ring and Flash Drying and Spray Drying), Application (Animal Feed and Fertilizers) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/AGR/7087-HCR | February, 2021 | Region : Global

Market Scenario


Blood Meal Market is expected to cross USD 2.1 Billion by 2025 at a CAGR of 3.0% during the forecast period of 2019 to 2025. It is a perfect competition market due to the presence of numerous active buyers and sellers. The market is governed by several regional and local players recognized through their prominent brands. For instance, DAR PRO Ingredients is a subsidiary of Darling Ingredients Inc. and provides blood meal in the US. Market players are focusing on product development by investing in R&D and establishing strategic partnerships with distributors to strengthen and expand their distribution networks.


Market Synopsis


The Global Blood Meal Market is growing at a moderate pace. Blood meal is a valuable protein source and is, therefore, used in animal feed. It is a dry, inert powder made from the blood collected during the slaughter of livestock. Of all the animal waste from slaughterhouses, blood is the highest pollutant. However, the protein content in blood is around 18%; therefore, to avail of the valuable protein content and lower the pollution from animal slaughter, efforts have been made to ensure the proper utilization of animal blood on a large scale.


The amino acid profile of the protein in blood meal is similar to the ideal protein ratio as the lysine content is very high as compared to other food proteins such as bone meal and meat meal. Thus, blood meal is used as an alternative protein source in various animal diets for dairy cattle, beef cattle, sheep, pigs, poultry, and other species where protein is an important factor. The efficient utilization of such by-products has a direct impact on the economy and environmental pollution. These factors are expected to boost the demand for blood meal in the animal feed industry.


Blood meal can also be used as a high-nitrogen organic fertilizer as it contains highs amounts of nitrogen, phosphorus, and potassium, thus spurring demand by fertilizer manufacturers.


Market USP


Prevention of digestive health conditions in livestock with few side effects.


Market Drivers



  • Increased use in animal feed: Blood meal is a dry powder made from animal blood and is a natural source of protein, leading to its use in animal feed for porcine, poultry, and fish.




  • Growing demand for meat products in developing countries


Market Restraints



  • Stringent Regulatory Framework: There are stringent regulations prohibiting the use of animal proteins in ruminant feed. For instance, according to the Code of Federal Regulations Title 21 of the US Food and Drug Administration, any substance that is derived from mammalian tissues that is used or intended for use in ruminant feed should follow the food additive regulation stated under section 409 of the Federal Food, Drug, and Cosmetic Act.


Segmentation


By Source



  • Poultry Blood: In 2018, the segment accounted for the largest blood meal market share and it is expected to register the highest CAGR during the review period. Due to the increasing consumption of poultry meat, poultry farming is increasing in developing countries. Poultry blood is the preferred raw material for blood meal preparation due to its high amino acid content, particularly lysine.



  • Porcine Blood



  • Ruminant Blood


By Process



  • Solar Drying: Solar drying is well suited for small-scale operations or in the absence of advanced equipment. Thus, in 2018, the segment accounted for the largest share of the global blood meal market.



  • Drum Drying



  • Ring and Flash Drying



  • Spray Drying


By Application



  • Animal Feed



  • Fertilizers: The increasing use of blood meal as an organic fertilizer is expected to drive sales during the forecast period. The growing adoption of organic farming due to the rising demand for organic food supplies is projected to result in a higher CAGR of the segment.


By Region



  • North America: In 2018, North America held the largest regional market share due to the presence of an established animal feed industry and the increasing consumption of meat products, including meat, eggs, and milk.



  • Europe



  • Asia-Pacific: Rising awareness regarding the benefits of blood meal and increased availability of the products are expected to result in the regional market registering the highest CAGR during the forecast period of 2019 to 2024.



  • Rest of the World


Key Players



  • 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)

  • Agro-industrial Complex Bačka Topola LTD (Serbia)

  • The Jobe's Company (US)

Table of Contents

1. EXECUTIVE SUMMARY

2. MARKET INTRODUCTION

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Research Objectives

2.2.2. Assumptions & Limitations

2.3. Market Structure

3. MARKET RESEARCH METHODOLOGY

3.1. Research Process

3.2. Secondary Research

3.3. Primary Research

3.4. Forecast Model

4. MARKET LANDSCAPE

4.1. Supply Chain Analysis

4.1.1. Raw Material Suppliers

4.1.2. Manufacturers/Producers

4.1.3. Distributors/Retailers/Wholesalers/E-Commerce

4.1.4. End Users

4.2. Porter’s Five Forces Analysis

4.2.1. Threat of New Entrants

4.2.2. Bargaining Power of Buyers

4.2.3. Bargaining Power of Suppliers

4.2.4. Threat of Substitutes

4.2.5. Internal Rivalry

5. MARKET DYNAMICS OF THE GLOBAL BLOOD MEAL MARKET

5.1. Introduction

5.2. Drivers

5.3. Restraints

5.4. Opportunities

5.5. Challenges

6. GLOBAL BLOOD MEAL MARKET, BY SOURCE

6.1. Introduction

6.2. Porcine Blood

6.2.1. Market Estimates & Forecast, 2020-2027

6.2.2. Market Estimates & Forecast, by Region, 2020-2027

6.3. Poultry Blood

6.3.1. Market Estimates & Forecast, 2020-2027

6.3.2. Market Estimates & Forecast, by Region, 2020-2027

6.4. Ruminant Blood

6.4.1. Market Estimates & Forecast, 2020-2027

6.4.2. Market Estimates & Forecast, by Region, 2020-2027

7. GLOBAL BLOOD MEAL MARKET, BY PROCESS

7.1. Introduction

7.2. Solar Drying

7.2.1. Market Estimates & Forecast, 2020-2027

7.2.2. Market Estimates & Forecast, by Region, 2020-2027

7.3. Drum Drying

7.3.1. Market Estimates & Forecast, 2020-2027

7.3.2. Market Estimates & Forecast, by Region, 2020-2027

7.4. Ring & Flash Drying

7.4.1. Market Estimates & Forecast, 2020-2027

7.4.2. Market Estimates & Forecast, by Region, 2020-2027

7.5. Spray Drying

7.5.1. Market Estimates & Forecast, 2020-2027

7.5.2. Market Estimates & Forecast, by Region, 2020-2027

8. GLOBAL BLOOD MEAL MARKET, BY APPLICATION

8.1. Introduction

8.2. Animal Feed

8.2.1. Market Estimates & Forecast, 2020-2027

8.2.2. Market Estimates & Forecast, by Region, 2020-2027

8.2.3. Porcine Feed

8.2.3.1. Market Estimates & Forecast, 2020-2027

8.2.3.2. Market Estimates & Forecast, by Region, 2020-2027

8.2.4. Poultry Feed

8.2.4.1. Market Estimates & Forecast, 2020-2027

8.2.4.2. Market Estimates & Forecast, by Region, 2020-2027

8.2.5. Ruminant Feed

8.2.5.1. Market Estimates & Forecast, 2020-2027

8.2.5.2. Market Estimates & Forecast, by Region, 2020-2027

8.2.6. Aqua Feed

8.2.6.1. Market Estimates & Forecast, 2020-2027

8.2.6.2. Market Estimates & Forecast, by Region, 2020-2027

8.2.7. Others

8.2.7.1. Market Estimates & Forecast, 2020-2027

8.2.7.2. Market Estimates & Forecast, by Region, 2020-2027

8.3. Fertilizers

8.3.1. Market Estimates & Forecast, 2020-2027

8.3.2. Market Estimates & Forecast, by Region, 2020-2027

9. GLOBAL BLOOD MEAL MARKET, BY REGION

9.1. Introduction

9.2. North America

9.2.1. Market Estimates & Forecast, 2020-2027

9.2.2. Market Estimates & Forecast, by Source, 2020-2027

9.2.3. Market Estimates & Forecast, by Process, 2020-2027

9.2.4. Market Estimates & Forecast, by Application, 2020-2027

9.2.5. Market Estimates & Forecast, by Country, 2020-2027

9.2.6. US

9.2.6.1. Market Estimates & Forecast, by Source, 2020-2027

9.2.6.2. Market Estimates & Forecast, by Process, 2020-2027

9.2.6.3. Market Estimates & Forecast, by Application, 2020-2027

9.2.7. Canada

9.2.7.1. Market Estimates & Forecast, by Source, 2020-2027

9.2.7.2. Market Estimates & Forecast, by Process, 2020-2027

9.2.7.3. Market Estimates & Forecast, by Application, 2020-2027

9.2.8. Mexico

9.2.8.1. Market Estimates & Forecast, by Source, 2020-2027

9.2.8.2. Market Estimates & Forecast, by Process, 2020-2027

9.2.8.3. Market Estimates & Forecast, by Application, 2020-2027

9.3. Europe

9.3.1. Market Estimates & Forecast, 2020-2027

9.3.2. Market Estimates & Forecast, by Source, 2020-2027

9.3.3. Market Estimates & Forecast, by Process, 2020-2027

9.3.4. Market Estimates & Forecast, by Application, 2020-2027

9.3.5. Market Estimates & Forecast, by Country, 2020-2027

9.3.6. Germany

9.3.6.1. Market Estimates & Forecast, by Source, 2020-2027

9.3.6.2. Market Estimates & Forecast, by Process, 2020-2027

9.3.6.3. Market Estimates & Forecast, by Application, 2020-2027

9.3.7. UK

9.3.7.1. Market Estimates & Forecast, by Source, 2020-2027

9.3.7.2. Market Estimates & Forecast, by Process, 2020-2027

9.3.7.3. Market Estimates & Forecast, by Application, 2020-2027

9.3.8. France

9.3.8.1. Market Estimates & Forecast, by Source, 2020-2027

9.3.8.2. Market Estimates & Forecast, by Process, 2020-2027

9.3.8.3. Market Estimates & Forecast, by Application, 2020-2027

9.3.9. Spain

9.3.9.1. Market Estimates & Forecast, by Source, 2020-2027

9.3.9.2. Market Estimates & Forecast, by Process, 2020-2027

9.3.9.3. Market Estimates & Forecast, by Application, 2020-2027

9.3.10. Italy

9.3.10.1. Market Estimates & Forecast, by Source, 2020-2027

9.3.10.2. Market Estimates & Forecast, by Process, 2020-2027

9.3.10.3. Market Estimates & Forecast, by Application, 2020-2027

9.3.11. Rest of Europe

9.3.11.1. Market Estimates & Forecast, by Source, 2020-2027

9.3.11.2. Market Estimates & Forecast, by Process, 2020-2027

9.3.11.3. Market Estimates & Forecast, by Application, 2020-2027

9.4. Asia-Pacific

9.4.1. Market Estimates & Forecast, 2020-2027

9.4.2. Market Estimates & Forecast, by Source, 2020-2027

9.4.3. Market Estimates & Forecast, by Process, 2020-2027

9.4.4. Market Estimates & Forecast, by Application, 2020-2027

9.4.5. Market Estimates & Forecast, by Country, 2020-2027

9.4.6. China

9.4.6.1. Market Estimates & Forecast, by Source, 2020-2027

9.4.6.2. Market Estimates & Forecast, by Process, 2020-2027

9.4.6.3. Market Estimates & Forecast, by Application, 2020-2027

9.4.7. Japan

9.4.7.1. Market Estimates & Forecast, by Source, 2020-2027

9.4.7.2. Market Estimates & Forecast, by Process, 2020-2027

9.4.7.3. Market Estimates & Forecast, by Application, 2020-2027

9.4.8. India

9.4.8.1. Market Estimates & Forecast, by Source, 2020-2027

9.4.8.2. Market Estimates & Forecast, by Process, 2020-2027

9.4.8.3. Market Estimates & Forecast, by Application, 2020-2027

9.4.9. Australia & New Zealand

9.4.9.1. Market Estimates & Forecast, by Source, 2020-2027

9.4.9.2. Market Estimates & Forecast, by Process, 2020-2027

9.4.9.3. Market Estimates & Forecast, by Application, 2020-2027

9.4.10. Rest of Asia-Pacific

9.4.10.1. Market Estimates & Forecast, by Source, 2020-2027

9.4.10.2. Market Estimates & Forecast, by Process, 2020-2027

9.4.10.3. Market Estimates & Forecast, by Application, 2020-2027

9.5. Rest of the World

9.5.1. Market Estimates & Forecast, 2020-2027

9.5.2. Market Estimates & Forecast, by Source, 2020-2027

9.5.3. Market Estimates & Forecast, by Process, 2020-2027

9.5.4. Market Estimates & Forecast, by Application, 2020-2027

9.5.5. Market Estimates & Forecast, by Region, 2020-2027

9.5.6. South America

9.5.6.1. Market Estimates & Forecast, by Source, 2020-2027

9.5.6.2. Market Estimates & Forecast, by Process, 2020-2027

9.5.6.3. Market Estimates & Forecast, by Application, 2020-2027

9.5.7. Middle East

9.5.7.1. Market Estimates & Forecast, by Source, 2020-2027

9.5.7.2. Market Estimates & Forecast, by Process, 2020-2027

9.5.7.3. Market Estimates & Forecast, by Application, 2020-2027

9.5.8. Africa

9.5.8.1. Market Estimates & Forecast, by Source, 2020-2027

9.5.8.2. Market Estimates & Forecast, by Process, 2020-2027

9.5.8.3. Market Estimates & Forecast, by Application, 2020-2027

10. COMPETITIVE LANDSCAPE

10.1. Introduction

10.2. Market Strategy

10.3. Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

11. COMPANY PROFILES

11.1. Darling Ingredients Inc.

11.1.1. Company Overview

11.1.2. Financial Updates

11.1.3. Product/Business Segment Overview

11.1.4. Strategy

11.1.5. Key Developments

11.1.6. SWOT Analysis

11.2. Terramar

11.2.1. Company Overview

11.2.2. Financial Updates

11.2.3. Product/Business Segment Overview

11.2.4. Strategy

11.2.5. Key Developments

11.2.6. SWOT Analysis

11.3. West Coast Reduction Ltd.

11.3.1. Company Overview

11.3.2. Financial Updates

11.3.3. Product/Business Segment Overview

11.3.4. Strategy

11.3.5. Key Developments

11.3.6. SWOT Analysis

11.4. Valley Proteins Inc.

11.4.1. Company Overview

11.4.2. Financial Updates

11.4.3. Product/Business Segment Overview

11.4.4. Strategy

11.4.5. Key Developments

11.4.6. SWOT Analysis

11.5. Ridley Corporation Limited

11.5.1. Company Overview

11.5.2. Financial Updates

11.5.3. Product/Business Segment Overview

11.5.4. Strategy

11.5.5. Key Developments

11.5.6. SWOT Analysis

11.6. Allanasons Pvt Ltd

11.6.1. Company Overview

11.6.2. Financial Updates

11.6.3. Product/Business Segment Overview

11.6.4. Strategy

11.6.5. Key Developments

11.6.6. SWOT Analysis

11.7. The Boyer Valley Company

11.7.1. Company Overview

11.7.2. Financial Updates

11.7.3. Product/Business Segment Overview

11.7.4. Strategy

11.7.5. Key Developments

11.7.6. SWOT Analysis

11.8. FASA Group

11.8.1. Company Overview

11.8.2. Financial Updates

11.8.3. Product/Business Segment Overview

11.8.4. Strategy

11.8.5. Key Developments

11.8.6. SWOT Analysis

11.9. Sanimax

11.9.1. Company Overview

11.9.2. Financial Updates

11.9.3. Product/Business Segment Overview

11.9.4. Strategy

11.9.5. Key Developments

11.9.6. SWOT Analysis

11.10. APC, Inc.

11.10.1. Company Overview

11.10.2. Financial Updates

11.10.3. Product/Business Segment Overview

11.10.4. Strategy

11.10.5. Key Developments

11.10.6. SWOT Analysis

11.11. Apelsa Guadalajara SA de CV

11.11.1. Company Overview

11.11.2. Financial Updates

11.11.3. Product/Business Segment Overview

11.11.4. Strategy

11.11.5. Key Developments

11.11.6. SWOT Analysis

11.12. Agro-industrial Complex Bačka Topola LTD

11.12.1. Company Overview

11.12.2. Financial Updates

11.12.3. Product/Business Segment Overview

11.12.4. Strategy

11.12.5. Key Developments

11.12.6. SWOT Analysis

11.13. The Jobe's Company

11.13.1. Company Overview

11.13.2. Financial Updates

11.13.3. Product/Business Segment Overview

11.13.4. Strategy

11.13.5. Key Developments

11.13.6. SWOT Analysis

12. CONCLUSION

LIST OF TABLES

Table 1 Global Blood Meal Market, by Region, 2020-2027 (USD Million)

Table 2 Global Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 3 Global Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 4 Global Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 5 North America: Blood Meal Market, by Country, 2020-2027 (USD Million)

Table 6 North America: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 7 North America: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 8 North America: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 9 US: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 10 US: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 11 US: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 12 Canada: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 13 Canada: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 14 Canada: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 15 Mexico: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 16 Mexico: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 17 Mexico: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 18 Europe: Blood Meal Market, by Country, 2020-2027 (USD Million)

Table 19 Europe: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 20 Europe: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 21 Europe: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 22 Germany: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 23 Germany: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 24 Germany: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 25 France: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 26 France: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 27 France: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 28 Italy: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 29 Italy: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 30 Italy: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 31 Spain: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 32 Spain: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 33 Spain: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 34 UK: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 35 UK: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 36 UK: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 37 Rest of Europe: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 38 Rest of Europe: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 39 Rest of Europe: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 40 Asia-Pacific: Blood Meal Market, by Country, 2020-2027 (USD Million)

Table 41 Asia-Pacific: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 42 Asia-Pacific: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 43 Asia-Pacific: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 44 China: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 45 China: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 46 China: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 47 India: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 48 India: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 49 India: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 50 Japan: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 51 Japan: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 52 Japan: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 53 Rest of Asia-Pacific: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 54 Rest of Asia-Pacific: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 55 Rest of Asia-Pacific: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 56 Rest of the World (RoW): Blood Meal Market, by Region, 2020-2027 (USD Million)

Table 57 Rest of the World (RoW): Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 58 Rest of the World (RoW): Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 59 Rest of the World (RoW): Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 60 South America: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 61 South America: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 62 South America: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 63 Middle East: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 64 Middle East: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 65 Middle East: Blood Meal Market, by Application, 2020-2027 (USD Million)

Table 66 Africa: Blood Meal Market, by Source, 2020-2027 (USD Million)

Table 67 Africa: Blood Meal Market, by Process, 2020-2027 (USD Million)

Table 68 Africa: Blood Meal Market, by Application, 2020-2027 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Blood Meal Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Blood Meal Market

FIGURE 4 Value Chain of the Global Blood Meal Market

FIGURE 5 Share of the Global Blood Meal Market in 2020, by Country (%)

FIGURE 6 Global Blood Meal Market, by Region, 2020-2027,

FIGURE 7 Global Blood Meal Market Size, by Source, 2020

FIGURE 8 Share of the Global Blood Meal Market, by Source, 2020-2027 (%)

FIGURE 9 Global Blood Meal Market Size, by Process, 2020

FIGURE 10 Share of the Global Blood Meal Market, by Process, 2020-2027 (%)

FIGURE 11 Global Blood Meal Market Size, by Application, 2020

FIGURE 12 Share of the Global Blood Meal Market, by Application, 2020-2027 (%)

Blood Meal Market