“According to a new report published by Introspective Market Research, Bovine Plasma Market by Product Type, Application, and End User, The Global Bovine Plasma Market Size Was Valued at USD 1.56 Billion in 2023 and is Projected to Reach USD 2.31 Billion by 2032, Growing at a CAGR of 5.3% from 2024 to 2032.”

The bovine plasma market plays a critical role in the global animal nutrition and pharmaceutical landscape, offering high-quality protein solutions derived from bovine blood. Bovine plasma is widely recognized for its functional and nutritional benefits, including enhanced digestibility, immune support, and palatability, making it a valuable ingredient in animal feed formulations and biomedical applications.

Compared to traditional protein sources, bovine plasma offers superior bioavailability and functional properties, supporting gut health and growth performance in livestock and companion animals. It is extensively used in feed for swine, poultry, aquaculture, and pet food, as well as in pharmaceutical and biotechnology applications.

The growing emphasis on sustainable protein sources, rising global meat consumption, and advancements in plasma fractionation technologies are collectively strengthening the demand for bovine plasma across developed and emerging economies.

Market Segmentation

The Bovine Plasma Market is segmented into Product Type, Application, and End User.
By Product Type, the market is categorized into Spray-Dried Plasma, Liquid Plasma, and Plasma Fractions.
By Application, the market is categorized into Animal Feed, Pet Food, Pharmaceuticals, and Biotechnology.
By End User, the market is categorized into Livestock Industry, Pet Care Industry, and Research & Medical Institutions.

Growth Driver

The rising demand for high-protein and functional ingredients in animal nutrition is a key driver of the bovine plasma market. Livestock producers increasingly rely on bovine plasma to enhance feed efficiency, immunity, and overall animal performance. With growing concerns over antibiotic resistance, plasma-based proteins are gaining traction as natural alternatives that support gut health. Additionally, expanding global meat consumption and intensification of animal farming practices are fueling sustained demand for bovine plasma products.

Market Opportunity

Increasing adoption of bovine plasma in pet food and pharmaceutical applications presents a significant market opportunity. Premium pet food brands are incorporating plasma proteins to improve palatability and nutritional value. Moreover, advancements in plasma processing and fractionation technologies are opening new avenues in biotechnology and medical research. Emerging markets in Asia-Pacific and Latin America, supported by expanding livestock industries and improving regulatory frameworks, further create growth opportunities for market participants.

Detailed Segmentation

Bovine Plasma Market, Segmentation

The Bovine Plasma Market is segmented on the basis of Product Type, Application, and End User.

Product Type
The Product Type segment is further classified into Spray-Dried Plasma, Liquid Plasma, and Plasma Fractions. Among these, the Spray-Dried Plasma sub-segment accounted for the highest market share in 2023. Spray-dried plasma is widely preferred due to its longer shelf life, ease of transportation, and high functional protein content. It is extensively used in animal feed and pet food formulations to improve gut health, immunity, and feed intake, making it the most commercially viable product type.

Application
The Application segment is further classified into Animal Feed, Pet Food, Pharmaceuticals, and Biotechnology. Among these, the Animal Feed sub-segment accounted for the highest market share in 2023. The dominance of animal feed is attributed to the widespread use of bovine plasma in livestock nutrition, particularly in swine and poultry feed, where it enhances growth performance and reduces mortality rates.

Some of The Leading/Active Market Players Are-

• Darling Ingredients Inc. (U.S.)
• APC, LLC (U.S.)
• Veos Group (Belgium)
• Lican Food (Spain)
• Rocky Mountain Biologicals (U.S.)
• Bioiberica S.A.U. (Spain)
• Sonac (Netherlands)
• FASA Group (Spain)
• EccoFeed LLC (U.S.)
• Kraeber & Co GmbH (Germany)
• Scan-Hide (Denmark)
• Nova Biologics (U.S.)

and other active players.

Key Industry Developments

In March 2024, a leading plasma protein manufacturer expanded its spray-dried plasma production capacity to meet rising global demand.
This expansion focuses on advanced processing technologies to improve product quality, sustainability, and supply reliability for animal nutrition and pet food industries.

In September 2023, a major industry player introduced a new plasma-derived ingredient for premium pet food applications.
The product aims to enhance palatability and immune support, aligning with growing consumer demand for high-quality and functional pet nutrition solutions.

Key Findings of the Study

• Spray-dried plasma dominates the product type segment globally
• Animal feed remains the leading application segment
• North America holds a significant market share, followed by Europe
• Rising demand for functional animal nutrition is a key growth driver

More Info:- https://introspectivemarketresearch.com/reports/bovine-plasma-market/

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