Market Leader - Plasma Feed Market
The plasma feed market is estimated to be valued at USD 2.1 billion in 2019 and is projected to reach USD 2.9 billion by 2025, at a CAGR of 5.7% during the forecast period. The growth of the plasma feed market is driven by factors such as increasing demand for high-quality meat products coupled with the development of plasma feed as the replacement for antibiotics in the animal feed industry.
Darling Ingredients (US) is one of the major companies involved in the production of animal protein such as blood meal, meat & bone meal, and poultry meal. It serves various applications including food, health & pharma, feed, pet food, fuel, bioenergy, and fertilizers. The company is present across North America, Europe, Asia Pacific, and South America. It operates through subsidiaries, which includes Rousselot BVBA (Netherlands), Darling International Canada Inc. (Canada), Rousselot Gelatinas do Brasil Ltda. (Brazil), Rothsay Ltd. (Canada), and Sonac Australia Pty Ltd (Australia). The Sonac Group of Companies focuses entirely on the processing of food, gelatin, and abattoir by-products to generate ingredients for the food, pet food, aqua feed, pharmaceuticals, and fertilizers market. Sonac has implemented process integrating software, process control equipment, and quality programs such as ISO 9001, ISO 14001, and HACCP. It has got production plants in the Netherlands, Germany, Belgium, Poland, and subsidiaries in countries such as France, Spain, Italy, and Portugal; and exports to countries such as Japan, Russia, Thailand, Taiwan, the Philippines, and the US. Darling Ingredients Inc. acquired assets of Triple - T Foods Arkansas, Inc. (US) including its pet food ingredient operations, in October 2018. The acquisition would help the company to expand its premium protein business for pet food.
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Lauridsen Group Inc. (US) was established in 1916. With the help of its group of subsidiary companies located in 20 countries manages sales and manufacturing operations and caters to its customers in around 60 countries worldwide. Essentia Proteins is one of the major companies of this group engaged in the production of animal protein solutions. All the ingredients produced by the company are derived from beef, pork, chicken, turkey, lamb, and fish. In June 2018, Essentia Proteins (US) acquired Scanflavour (Denmark), which is engaged in the production of functional proteins and ingredients derived from pork. The acquisition would lead to the strengthening of the group’s market presence and strong establishment of its customer base.
Along with Essentia Proteins, APC Inc. is another company which belongs to Lauridsen Group Inc. that deals with the production of functional proteins at a global level. The company provides ingredients for livestock producers, feed manufacturers, and pet food companies. It offers plasma-based proteins sourced from different animals and has application in aquaculture, swine, poultry, and ruminants. The company sells its products in North America, South America, Europe, and the Asia Pacific.
Related Reports:
Plasma Feed Market by Source (Porcine, Bovine, and Others), Application (Swine Feed, Pet Food, Aquafeed, and Others (Includes Ruminant and Poultry Feed)), Region (North America, Europe, Asia Pacific, and Rest of the World) - Global Forecast to 2025
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