The Hemoglobin Feed market the report covers global market size, regional and country-level market size, segmentation market growth, market share, competitive landscape, sales analysis, the impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

According to our latest research, the global Hemoglobin Feed size is estimated to be 489 million in 2021 from USD 228 million in 2020, with a change of 4.1% between 2020 and 2021.

The research report has included an examination of several elements that contribute to the market’s expansion. It consists of market trends, restraints, and drivers that have a positive or negative impact on the market. This section also discusses the many sectors and applications that may have an impact on the market in the future. The data is based on current trends as well as historical milestones. This section also includes a breakdown of production volume on the market and by kind from 2016 to 2027. The volume of production by region from 2016 to 2027 is discussed in this section. The research includes pricing analysis for each kind from 2016 to 2027, each manufacturer from 2016 to 2021, each area from 2016 to 2021, and the price from 2016 to 2027.

What is Hemoglobin?

Hemoglobin powder is obtained by fractionation and spray drying of blood from healthy animals collected at slaughterhouses. Hemoglobin powder is a sustainable and highly digestible animal protein that is often used in animal feed and pet food as an alternative to less sustainable fish meal or vegetable proteins like soybean meal.

What is the nutritional value of hemoglobin?

Hemoglobin powder is a high-biological-value source of dietary necessary amino acids. Hemoglobin proteins are readily digested thanks to the gentle spray drying technique. The hemoglobin is dried for a brief time at a reasonable temperature during spray drying, which protects the proteins and maintains their bioavailability. Blood meal, on the other hand, is contact dried at high temperatures for an extended length of time, but this method destroys the proteins and lowers protein digestion in the animal.

The apparent total tract digestibility of crude protein was found to be 94 percent with hemoglobin powder and 50 percent with blood meal in a recent field trial in rainbow trout. As a result, we can conclude that the method of processing has a significant impact on protein digestibility and, as a result, nutritionists’ evaluation and selection of proteins.

The demand for fish meal in the animal production business has been steadily rising, and a shortage is expected in the near future. As a result, the shrimp feed business has been looking for other protein sources. As a result, demand for hemoglobin powder has increased dramatically. Hemoglobin powder is noted for having a high protein content and low fat content, making it the best choice for replacing fish meal. Hemoglobin powder is also thought to have a high digestibility, as well as a high lysine and leucine content, which helps meet the protein needs of shrimp feed.

In comparison to pig hemoglobin powder, chicken hemoglobin powder is regarded to be high in nucleotides. The inclusion of this nucleotide-rich hemoglobin powder in the diet has been shown to improve disease resistance, immunity, and growth performance. These factors all lead to the worldwide hemoglobin feed market’s expansion.

The market has been divided into bovine, swine, poultry, shark, synthetic, and others according on the source. In 2019, the swine segment led the market, accounting for a significant portion of the total. During the foreseeable period, the tendency is expected to continue. From 2020 to 2030, it is expected to be a very promising area. The increase in the use of swine hemoglobin as a component of animal feed in post-weaning piglets, as well as in aquaculture, poultry farms, and pet food, is driving the segment.

Hemoglobin Feed Market: Key Developments

Key players in the hemoglobin feed market are regulatory clearances, technologically sophisticated items, new product launches, and acquisitions and cooperation partnerships with other companies are all things that the company is involved in. These plans are intended at filling unfulfilled demands in the hemoglobin feed industry, bolstering product portfolios, and increasing R&D spending. A few expansion methods used by players in the worldwide hemoglobin feed market are listed below.

Intrexon was bought out by Darling Ingredients, which bought the remaining 50% of EnviroFlight, a large-scale manufacturer of non-pathogenic black soldier fly larvae. EnviroFlight is focused on improving the food supply system in order to fulfill the expanding population’s demands.

Individual strategies are discussed in the study on the hemoglobin feed market, followed by company profiles of laboratory equipment makers. The study includes a competition landscape section that gives readers a dashboard perspective and a company market share analysis of key players in the worldwide hemoglobin feed market.