Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Hemoglobin Feed Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.5% during the review period (2022 to 2027)
The worldwide haemoglobin feed market was worth US$ 220.9 million in 2020 and is expected to grow at a CAGR of 5.5% from 2020 to 2027. The red component of pig platelets is used to isolate haemoglobin feed. A warming cycle, fractionation, and shower drying of pig blood are used to determine this feed. Hemoglobin feed has a high protein content and edibility, as well as a low fat and cinder content. The feed serves as a source of protein for water feed, compound feed, mink feed, and pet food. In 2020, Asia Pacific led the worldwide haemoglobin feed market. The current trend is expected to continue during the projected period. Government initiatives in emerging nations to modernise healthcare facilities, as well as increased knowledge regarding improved haemoglobin feed, are projected to drive the Asia Pacific haemoglobin feed market.
The Hemoglobin Feed Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Daka Denmark A/S (SARIA Group), Lihme Protein Solutions, Lauridsen Group, Inc., Nutreco (SHV Holdings N.V.), Puretein Agri LLC, Sera Scandia A/S., Darling Ingredients, Inc., Kraeber and Co GmbH, VEOS Group, Rocky Mountain Biologicals, EccoFeed LLC, Feedworks Pty Ltd and Others.
Industry News:
Strategic Partnership Lihme Protein Solutions and Duynie Group
Lihme Protein Solutions and Duynie Group agreed to join forces in the creation of a new business venture aimed at creating value from industrial coproducts. Potato fruit water is a co-product of the potato starch industry and high value, functional protein food ingredients are to be produced from this side stream. The partnership addresses the increasing need for sustainable protein production. This paves the way to a highly coveted alternative source of functional proteins for a growing number of climate and animal welfare conscious consumers.
By Type, it is segmented into
By Applications it is segmented into
The worldwide haemoglobin feed market has been divided into five regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2019, Asia Pacific led the worldwide haemoglobin feed market. China was the region's largest market. The rapid expansion of the haemoglobin feed market in the area may be due to China's large output of plasma and haemoglobin powder. China is a major producer and user of pig blood byproducts such as plasma and haemoglobin feed. The Asia Pacific haemoglob infeed market is expected to grow at a rapid CAGR during the forecast period, owing to a large increase in meat and seafood consumption, which may be attributed to an increase in disposable income, urbanisation, and population growth. Furthermore, a substantial amount of pig blood generated in Chinese butcher shops contributes to the growing volume of haemoglobin powder. The expansion of African swine flu and the COVID-19 pandemic, on the other hand, might limit the hemoglobin feed market.
The Hemoglobin Feed Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Hemoglobin Feed Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Report Title | Hemoglobin Feed Market- Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Daka Denmark A/S (SARIA Group), Lihme Protein Solutions |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.5 % over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Daka Denmark A/S (SARIA Group), Lihme Protein Solutions, Lauridsen Group, Inc., Nutreco (SHV Holdings N.V.), Puretein Agri LLC, Sera Scandia A/S., Darling Ingredients Inc. (NYSE: DAR) , Inc., Kraeber and Co GmbH, VEOS Group, Rocky Mountain Biologicals, EccoFeed LLC, Feed works Pty Ltd |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 158 |
Customization Available | Yes, the report can be customized as per your needs |
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Who are the key players in Hemoglobin Feed Market?
Daka Denmark A/S (SARIA Group), Lihme Protein Solutions, Lauridsen Group, Inc., Nutreco (SHV Holdings N.V.), Puretein Agri LLC, Sera Scandia A/S., Darling Ingredients, Inc., Kraeber and Co GmbH, VEOS Group, Rocky Mountain Biologicals, EccoFeed LLC, Feed works Pty Ltd
What regions does this Hemoglobin Feed Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Hemoglobin Feed Market?
Bovine, Swine, Poultry, Others
What are the major end-use applications of the Hemoglobin Feed Market?
Industrial, Commercial, Others
All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
GLOBAL HEMOGLOBIN FEED MARKET, BY TYPES
GLOBAL HEMOGLOBIN FEED MARKET, BY APPLICATION
GLOBAL HEMOGLOBIN FEED MARKET, BY REGION
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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