Europe Blood Meal Market

Market Introduction

Blood meal refers to a dry and inert powder made from blood and used as a high protein animal feed or a high nitrogen organic fertilizer. Blood meal is considered as one amongst the highest non-synthetic source of nitrogen. It is usually obtained as a by-product from slaughterhouses. The blood has to be dried before it is used as a blood meal. Besides being used as a livestock dietary supplement and organic fertilizers, blood meal is also spread in the gardens to deter pest animals.              

Market Overview and Dynamics

The Europeblood mealmarket is expected to reach US$ 451.10Mn in 2027from US$ 345.82Mn in 2018. The market is anticipated to grow with a CAGR of 3.0% from 2019 to 2027. Factors driving the market growth include essential rise in consumption of animal-derived productsandgrowth of poultry feed industry to boost its demand in the Europemarket. However, stringent regulations related to blood mealis likely to have a negative impact on market growth.

Effect of Covid-19 on EuropeBlood meal market

The ongoing COVID-19 outbreak began in Wuhan (China) in December 2019, but later it spread to all the parts of the world. The food and beverage industry is adversely affected as it is suffering from various disruptions such as supply chain breaks, lockdowns, travel bans, and business shutdowns. InEurope, Italy is the hardest-hit country by the COVID-19. It is expected to suffer an economic hit due to a lack of revenue from various industries.Italy has recorded the highest number of coronavirus cases. Other member states have implemented drastic measures and restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.

Key Market Segments

In terms of source, the poultry bloodsegment is expected to hold the largest market share of the blood mealmarket by 2027. In terms of application, in 2018, the poultry feed segment held the most significant market share of the blood meal market in Europe. In terms of process, in 2018, the ring and flash drying segment held the most significant market share of the blood meal market in Europe.

Major Sources and Companies Listed

Some of the major primary and secondary sources for Europeblood mealmarket included in the reportare Allanasons Pvt. Ltd., APC Company, Inc., Apelsa Guadalajara, SA de CV., , Ridley Corporation Limited, Sanimax,Terramar Chile SpA, Valley Proteins, Inc. and FASA Group.

Reasons to buy the report

• Understanding the Europeblood meal market landscape and identifying market segments that are most likely to guarantee a strong return
• Staying ahead of the race by comprehending the ever-changing competitive landscape for Europeblood mealmarket
• Efficiently planningmerger and acquisition, and partnership deals in Europeblood meal market by identifying market segments with the most promising probable sales
• Making knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europeblood meal market
• Obtaining market revenue forecast forblood mealmarket in Europeby various segments from 2018 to 2030

Europe Blood meal Market Segmentation

By Source

• Porcine Blood
• Poultry Blood
• Ruminant Blood

By Application

• Porcine Feed
• Poultry Feed
• Ruminant Feed
• Aqua Feed
• Others

By Process

• Solar Drying
• Drum Drying
• Ring and Flash Drying
• Spray Drying

Company Profiles

• Allanasons Pvt. Ltd.
• APC Company, Inc.
• Apelsa Guadalajara, SA de CV.
• Ridley Corporation Limited
• Sanimax
• Terramar Chile SpA
• Valley Proteins, Inc.
• FASA Group

By Country

• Germany
• France
• Italy
• UK
• Russia
• Rest of Europe

Europe Blood Meal Market Strategic Insights

Europe Blood Meal Market Segmentation Analysis

Europe Blood Meal Market Report Highlights

Europe Blood Meal Report Scope

Europe Blood Meal Market Country and Regional Insights