Global Blood Meal for Aquafeed Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Source;

Porcine Blood, Poultry Blood and Ruminant Blood.

By Process;

Solar Drying, Drum Drying, Ring and Flash Drying and Spray Drying.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn466875433 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Blood Meal for Aquafeed Market (USD Million), 2021 - 2031

In the year 2024, the Global Blood Meal for Aquafeed Market was valued at USD 825.74 million. The size of this market is expected to increase to USD 1161.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The Global Blood Meal for Aquafeed Market represents a vital sector within the aquaculture industry, catering to the nutritional needs of aquatic species through the utilization of blood meal derived from animal sources. Blood meal serves as a rich source of protein, essential amino acids, vitamins, and minerals, making it a valuable ingredient in aquafeed formulations. As the aquaculture sector continues to expand to meet the growing global demand for seafood, the demand for high-quality, nutritionally balanced feed ingredients like blood meal is also on the rise.

Aquaculture, the farming of aquatic organisms such as fish, shrimp, and mollusks, has become increasingly prominent as a means to supplement wild fish stocks and meet the protein needs of a growing population. Blood meal is particularly favored in aquafeed formulations due to its high protein content and digestibility, which contribute to the optimal growth, health, and performance of farmed aquatic species. This has led to the widespread adoption of blood meal as a key component in commercial aquafeeds across various species and production systems.

The Global Blood Meal for Aquafeed Market is driven by factors such as the expansion of the aquaculture industry, increasing consumer demand for seafood, and advancements in feed formulation technology. As aquaculture production continues to grow to meet the rising demand for fish and seafood products, particularly in emerging economies, the demand for high-quality aquafeed ingredients like blood meal is expected to remain strong.

The market for blood meal in aquafeed is distributed across regions with significant aquaculture production, including Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. Each region has its unique aquaculture industry dynamics, species preferences, and regulatory frameworks, which influence the consumption patterns and market demand for blood meal in aquafeed formulations.

The Global Blood Meal for Aquafeed Market plays a crucial role in supporting the sustainable growth and development of the aquaculture industry worldwide. With its nutritional benefits and widespread application in aquafeed formulations, blood meal continues to be a cornerstone ingredient in the production of high-quality feeds for farmed aquatic species, driving growth and innovation within the aquafeed sector.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Process
    3. Market Snapshot, By Region
  4. Global Blood Meal for Aquafeed Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Aquaculture Industry
        2. Nutritional Benefits
        3. Focus on Feed Efficiency
      2. Restraints
        1. Price Volatility
        2. Regulatory Constraints
        3. Availability of Alternative Feed Ingredients
      3. Opportunities
        1. Expansion of Aquaculture Production
        2. Technological Advancements
        3. Product Diversification
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Blood Meal for Aquafeed Market, By Source, 2021 - 2031 (USD Million)
      1. Porcine Blood
      2. Poultry Blood
      3. Ruminant Blood
    2. Global Blood Meal for Aquafeed Market, By Process, 2021 - 2031 (USD Million)
      1. Solar Drying
      2. Drum Drying
      3. Ring and Flash Drying
      4. Spray Drying
    3. Global Blood Meal for Aquafeed Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Terramar
      2. West Coast Reduction Ltd
      3. Valley Proteins, Inc
      4. Ridley Corporation Limited
      5. Allanasons Pvt Ltd
      6. The Boyer Valley Company, Inc
      7. FASA
      8. Sanimax Industries Inc
      9. APC Company, Inc
      10. Apelsa Guadalajara,
      11. The Fertrell Company
      12. Agro-industrial Complex Ba?ka Topola LTD
      13. Darling Ingredients Inc
  7. Analyst Views
  8. Future Outlook of the Market