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Animal Blood Plasma Products and Derivatives Market | 2031

Animal Blood Plasma Products and Derivatives Market

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Segments - by Animal Type (Ovine and Bovine), Derivatives Type (Serum Albumin, Fetal Bovine Serum, Immunoglobulin, Fibrinogen, and Others), Application (Cosmetic, Diagnostic, Pet Food, Cell Culture Media, Food, Pharmaceutical, Sports Nutrition, and Nutrition Supplements), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Report Description

The global animal blood plasma products and derivatives market size was USD 1.08 Bn in 2022 and is likely to reach USD 1.94 Bn by 2031, expanding at a CAGR of 7.12% during 2023–2031. Rising application of animal blood plasma products and derivatives in the food industry is anticipated to drive the market during the forecast period.

Animal blood plasma products and derivatives are derived from the blood of several species including pigs, cattle, and sheep. These products and derivatives have a wide range of applications in the pharmaceutical, agriculture, and medical industries. Some animal blood plasma derivatives include albumin, which is a protein. This protein regulates blood pressure and volume and is used to treat conditions such as burns and shock.

Immunoglobulins are a type of blood plasma protein that is used to treat immune disorders and infections. Clotting factors are proteins that aid in a blood clot. It is derived from animal blood plasma and used to treat the bleeding disorder. The use of animal-derived products is highly regulated, and strict safety protocols are in place to ensure that they are free from pathogens and contaminants.

The research report finds that the COVID-19 pandemic propelled the animal blood plasma products and derivatives market to a significant extent. The market has not faced maximum hurdles during the pandemic, as all the activities related to food products were operational. However, there is some controversy surrounding the use of animal blood products, generally in the context of animal welfare concerns. The potential risk of transmitting diseases from animals to humans is high. Thus, researchers are concentrating on alternate sources including synthetic materials and recombinant technologies.

Animal Blood Plasma Products and Derivatives Market Dynamics

Major Drivers

Advancements in the blood collection processes are projected to drive the market during the forecast period. Plasma products and derivatives have great demand from several industries including the pharmaceutical industry, nutrition supplements, sports nutrition, cosmetic industry, and diagnostics. Key players are concentrating on the supply chain, which leads to the easy availability of products.

Existing Restraints

Increasing prevalence of diseases among animals is anticipated to hinder the market in the coming years. Furthermore, the price of animal blood plasma products keeps changing and is expected to restrain the market expansion.

Emerging Opportunities

Research & development activities to improve the techniques for processing blood plasma and derivatives are expected to create lucrative opportunities for market players. Researchers found a suitable alternative for the plant-extracted proteins which are animal blood plasma products and derivatives for manufacturing pet food.

Scope of the Animal Blood Plasma Products and Derivatives Market Report

The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Animal Blood Plasma Products and Derivatives Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Animal Type (Ovine and Bovine), Derivatives Type (Serum Albumin, Fetal Bovine Serum, Immunoglobulin, Fibrinogen, and Others), and Application (Cosmetic, Diagnostic, Pet Food, Cell Culture Media, Food, Pharmaceutical, Sports Nutrition, and Nutrition Supplements)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
Key Players Covered in the Report	Kedrion Biopharma, Inc.; LFB S.A; Octapharma AG; Takeda; Sanofi; Grifols; Bayer AG; Biotest AG; CSL Limited; and Fusion Health Care Pvt. Ltd

Animal Blood Plasma Products and Derivatives Market Segment Insights

On the basis of animal type, the animal blood plasma products and derivatives market is bifurcated into ovine and bovine. The ovine segment is projected to expand at a considerable CAGR during the forecast period. An animal from the genus Ovis is a sheep. Sonac ovine plasma powder is produced from the ovine blood of free-range sheep and lambs found in Australia. It is used to formulate limited-ingredient treats, wet pet food, and snacks. The bovine segment is anticipated to account for a major market share during the forecast period. Bovine plasma product has application in the treatment of failure of passive transfer in calves.

Based on derivatives type, the market is divided into serum albumin, fetal bovine serum, immunoglobulin, fibrinogen, and others. The serum albumin segment is expected to hold a significant share of the market in the coming years. Serum albumin is used in various clinical conditions. Clinical applications of albumin include acute management of burns, restoration of blood volume, and other situations associated with hypovolemia. The fetal bovine serum segment accounts for a significant market share. Fetal bovine serum is utilized as a growth supplement for the in vitro cell culture.

On the basis of application, the market is segregated into cosmetic, diagnostic, pet food, cell culture media, food, pharmaceutical, sports nutrition, and nutrition supplements. The diagnostic segment is anticipated to expand at a substantial CAGR during the forecast period. Plasma protein test is being carried out to detect the total protein in the blood. This test helps physicians to determine patient’s overall health. The pharmaceutical segment is expected to hold a significant share of the market. Animal blood plasma has various applications in the pharmaceutical industry. For instance, doctors recommend plasma powder to improve gut health and feed palatability.

In terms of region, the global animal blood plasma products and derivatives market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the forecast period, owing to the rising usage of animal blood plasma products and derivatives in different applications including the pet food industry and sports nutrition.

Availability of advanced technologies for blood fractionation is projected to propel the market in the region. In New Zealand and Australia, the import of live cattle animals is increased, then they are utilized for the production of plasma products and derivatives. Major players in the region focus on the diversity of various cell lines and their cellular interactions. The rapid expansion of the market in Asia Pacific is attributed to the presence of prominent market players in the region.

Segments

The global animal blood plasma products and derivatives market has been segmented on the basis of

Animal Type

Ovine
Bovine

Derivatives Type

Serum Albumin
Fetal Bovine Serum
Immunoglobulin
Fibrinogen
Others

Application

Cosmetic
Diagnostic
Pet Food
Cell Culture Media
Food
Pharmaceutical
Sports Nutrition
Nutrition Supplements

Region

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Kedrion Biopharma, Inc.
LFB S.A
Octapharma AG
Takeda
Sanofi
Grifols
Bayer AG
Biotest AG
CSL Limited
Fusion Health Care Pvt. Ltd

Competitive Landscape

Key players competing in the global animal blood plasma products and derivatives market are Kedrion Biopharma, Inc.; LFB S.A; Octapharma AG; Takeda; Sanofi; Grifols; Bayer AG; Biotest AG; CSL Limited; and Fusion Health Care Pvt. Ltd.

Prominent players in the market conduct R&D activities that have immense importance to develop an effective and specified drug. Various organizations and governments heftily invest in these activities to increase growth prospects. Many companies implement strategic collaborations and mergers to witness significant growth.

Global Animal Blood Plasma Products and Derivatives Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Animal Blood Plasma Products and Derivatives Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Animal Blood Plasma Products and Derivatives Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Animal Blood Plasma Products and Derivatives Market - Supply Chain
  4.5. Global Animal Blood Plasma Products and Derivatives Market Forecast
     4.5.1. Animal Blood Plasma Products and Derivatives Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Animal Blood Plasma Products and Derivatives Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Animal Blood Plasma Products and Derivatives Market Absolute $ Opportunity
5. Global Animal Blood Plasma Products and Derivatives Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Animal Blood Plasma Products and Derivatives Market Size and Volume Forecast by Applications
     5.3.1. Cosmetic
     5.3.2. Diagnostic
     5.3.3. Pet Food
     5.3.4. Cell Culture Media
     5.3.5. Food
     5.3.6. Pharmaceutical
     5.3.7. Sports Nutrition
     5.3.8. Nutrition Supplements
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Animal Blood Plasma Products and Derivatives Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Animal Blood Plasma Products and Derivatives Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Animal Blood Plasma Products and Derivatives Demand Share Forecast, 2019-2026
7. North America Animal Blood Plasma Products and Derivatives Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Animal Blood Plasma Products and Derivatives Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Animal Blood Plasma Products and Derivatives Market Size and Volume Forecast by Applications
     7.4.1. Cosmetic
     7.4.2. Diagnostic
     7.4.3. Pet Food
     7.4.4. Cell Culture Media
     7.4.5. Food
     7.4.6. Pharmaceutical
     7.4.7. Sports Nutrition
     7.4.8. Nutrition Supplements
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Animal Blood Plasma Products and Derivatives Demand Share Forecast, 2019-2026
8. Latin America Animal Blood Plasma Products and Derivatives Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Animal Blood Plasma Products and Derivatives Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Animal Blood Plasma Products and Derivatives Market Size and Volume Forecast by Applications
     8.4.1. Cosmetic
     8.4.2. Diagnostic
     8.4.3. Pet Food
     8.4.4. Cell Culture Media
     8.4.5. Food
     8.4.6. Pharmaceutical
     8.4.7. Sports Nutrition
     8.4.8. Nutrition Supplements
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Animal Blood Plasma Products and Derivatives Demand Share Forecast, 2019-2026
9. Europe Animal Blood Plasma Products and Derivatives Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Animal Blood Plasma Products and Derivatives Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Animal Blood Plasma Products and Derivatives Market Size and Volume Forecast by Applications
     9.4.1. Cosmetic
     9.4.2. Diagnostic
     9.4.3. Pet Food
     9.4.4. Cell Culture Media
     9.4.5. Food
     9.4.6. Pharmaceutical
     9.4.7. Sports Nutrition
     9.4.8. Nutrition Supplements
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Animal Blood Plasma Products and Derivatives Demand Share Forecast, 2019-2026
10. Asia Pacific Animal Blood Plasma Products and Derivatives Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Animal Blood Plasma Products and Derivatives Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Animal Blood Plasma Products and Derivatives Market Size and Volume Forecast by Applications
     10.4.1. Cosmetic
     10.4.2. Diagnostic
     10.4.3. Pet Food
     10.4.4. Cell Culture Media
     10.4.5. Food
     10.4.6. Pharmaceutical
     10.4.7. Sports Nutrition
     10.4.8. Nutrition Supplements
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Animal Blood Plasma Products and Derivatives Demand Share Forecast, 2019-2026
11. Middle East & Africa Animal Blood Plasma Products and Derivatives Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Animal Blood Plasma Products and Derivatives Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Animal Blood Plasma Products and Derivatives Market Size and Volume Forecast by Applications
     11.4.1. Cosmetic
     11.4.2. Diagnostic
     11.4.3. Pet Food
     11.4.4. Cell Culture Media
     11.4.5. Food
     11.4.6. Pharmaceutical
     11.4.7. Sports Nutrition
     11.4.8. Nutrition Supplements
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Animal Blood Plasma Products and Derivatives Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Animal Blood Plasma Products and Derivatives Market: Market Share Analysis
  12.2. Animal Blood Plasma Products and Derivatives Distributors and Customers
  12.3. Animal Blood Plasma Products and Derivatives Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Kedrion Biopharma, Inc.
     12.4.2. LFB S.A
     12.4.3. Octapharma AG
     12.4.4. Takeda
     12.4.5. Sanofi
     12.4.6. Grifols
     12.4.7. Bayer AG
     12.4.8. Biotest AG
     12.4.9. CSL Limited
     12.4.10. Fusion Health Care Pvt. Ltd

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