Blood Meal Market to Grow with a CAGR of 3.52% through 2029

Focus on animal health and welfare and rising global population and protein consumption is expected to drive the Global Blood Meal Market growth in the forecast period, 2025-2029

According to TechSci Research report, “Blood Meal Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Blood Meal Market stood at USD 2.19 billion in 2023 and is anticipated to grow with a CAGR of 3.52% through 2029.

Increased awareness among consumers about Blood Meal has created favorable market conditions for the global Blood Meal market. Various factors contribute to the growth of different Blood Meal products.

With a growing focus on animal health and productivity, there is heightened recognition of the nutritional advantages of blood meal. It is acknowledged as a cost-effective and sustainable source of essential nutrients, facilitating improved growth, enhanced feed conversion ratios, and better animal health. Farmers and feed manufacturers are increasingly incorporating blood meal into their feed formulations to optimize nutrition for animals while reducing reliance on synthetic additives and antibiotics.

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The global pet food industry has experienced notable expansion, propelled by trends in pet ownership and heightened consumer awareness regarding pet nutrition. Blood meal has emerged as a valuable ingredient within the pet food sector due to its protein content and amino acid profile. As pet owners increasingly prioritize high-quality and nutritious options for their pets, manufacturers are integrating blood meal into premium pet food formulations, thereby stimulating market growth. The blood meal market benefits from the growing focus on sustainable and environmentally friendly practices in agriculture and animal husbandry. Recognized as a sustainable byproduct, blood meal utilizes waste from the meat industry, thereby reducing the environmental impact of disposal. As sustainability gains traction among both producers and consumers, the utilization of blood meal aligns with efforts to minimize food waste and decrease the carbon footprint associated with meat production.

In today's fast-paced environment, blood meal's high protein content, typically ranging from 80% to 85%, holds significant value. This protein density is essential in a world where individuals seek quick and convenient sources of nutrition. It serves as an efficient means of supplying essential amino acids crucial for growth, muscle development, and overall well-being. Beyond protein, blood meal offers a rich array of essential nutrients, including vitamins and minerals, making it valuable for both animal and human nutrition.

In modern livestock and poultry production, efficiency is paramount. Blood meal contributes to accelerated growth rates, improved feed conversion ratios, and enhanced animal health, thereby meeting the nutritional needs of animals and supporting the efficient production of meat, eggs, and dairy products to satisfy the rising global demand for animal protein. In the pet food industry, blood meal is utilized in formulating premium and specialized pet foods, catering to the increasing humanization of pets and the desire for high-quality diets that offer convenience, nutrition, and health benefits.

The growing demand for high-quality animal feed, particularly within the livestock and aquaculture sectors, further underscores the significance of blood meal. As an excellent source of highly digestible protein, essential amino acids, and essential minerals like iron, blood meal enhances the nutritional value of animal feed formulations. As the global population continues to expand, there is a heightened requirement for efficient and sustainable animal protein production, driving the demand for blood meal in animal nutrition. Recent times have emphasized the importance of blood meal in animal nutrition, given its essential role in promoting growth, muscle development, and overall health across various animal species. With a well-balanced amino acid profile, blood meal ensures that animals receive all necessary amino acids for optimal performance, particularly in monogastric animals such as pigs and poultry. Additionally, blood meal's richness in essential minerals and vitamins contributes to the vitality and well-being of animals.

In the pet food industry, blood meal is integral to producing premium and specialized pet food products that provide the high-quality protein and balanced nutrition sought by pet owners. Aligned with the increasing emphasis on pet health and wellness, blood meal supports the nutritional needs of pets, thereby maintaining their overall health and well-being. However, potential regulatory and safety concerns, along with challenges related to environmental and ethical considerations and competition with synthetic alternatives, may pose obstacles to the blood meal market in the near future.

The Global Blood Meal Market is segmented into application, source, regional distribution, and company.

Based on source, The poultry blood sector is anticipated to undergo rapid expansion throughout the forecast period. This growth is attributed to the widespread availability of poultry blood in comparison to porcine or ruminant blood, owing to the large-scale production of poultry. Poultry blood is rich in essential amino acids, particularly lysine, which plays a critical role in animal growth and development. Moreover, poultry blood is relatively cost-effective compared to other sources of blood meal, rendering it a more appealing option for feed manufacturers. Additionally, livestock and poultry typically find poultry blood more palatable compared to alternative sources of blood meal, resulting in improved feed intake and utilization.

The dominance of the poultry blood segment is projected to persist in the foreseeable future, driven by sustained growth in the poultry industry and escalating demand for protein-rich feed ingredients. This segment maintains its leadership position in the Global Blood Meal Market due to its abundance, favorable amino acid profile, cost efficiency, and palatability. While the poultry blood segment is poised to uphold its dominance, other segments may also witness growth propelled by advancements in processing and utilization techniques. These combined factors contribute to the continued expansion of this segment.

The North America market is poised to be the fastest-growing market, offering lucrative growth opportunities for Blood Meal players during the forecast period. Factors such as increasing health concerns, a burgeoning senior population, rising healthcare spending, growing disposable income, and the emergence of local market players are expected to fuel market growth in the region. Additionally, improvements in the healthcare system, government subsidies facilitating the establishment of production facilities by industry giants, low labor costs, and easy access to raw materials are anticipated to further support the growth of the North America Blood Meal market.

Major companies operating in Global Blood Meal Market are:

• Darling Ingredients Inc.
• The Boyer Valley Company, Inc.
• West Coast Reduction Ltd.
• Allanasons Pvt Ltd
• Sanimax ABP Inc.
• The Fertrell Company
• Terramar SBH

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“The focus on animal health and welfare and rising global population and protein consumption are key drivers of the Blood Meal market. In recent years, the growing concerns about the use of synthetic additives, including antibiotics and growth hormones, in animal feed continue to grow, there is a shift towards more natural and sustainable nutrition solutions. Blood meal aligns with this trend as it is a natural byproduct of the meat processing industry, making it a suitable source of essential nutrients without the need for synthetic additives. Moreover, the growing consumer emphasis on preventative agricultural products has enhanced production and marketing efforts. To meet the demands of the market, manufacturers are increasingly incorporating cutting-edge technologies with high production efficiency. Rising consumer acceptance and continuous product innovation will further ensure the growth of the Blood Meal market in the coming years.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Blood Meal Market – Global Industry Size, Share, Trends, Opportunity and Forecast, Segmented By Application (Animal Feed, Agriculture, Others), By Source (Porcine Blood, Poultry Blood, Ruminant Blood), By Region and Competition, 2019-2029F”, has evaluated the future growth potential of Global Blood Meal Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Blood Meal Market.

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