Product Code: ETC380429 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Blood meal is a high-protein animal feed ingredient made from slaughterhouse waste blood which has been dried and ground up into a powder form after being treated with steam or chemicals rendering it safe for consumption by animals. It can be purchased either directly through slaughterhouses or suppliers who specialize in processing & marketing blood meal derived through whatever process they deem necessary depending upon their respective customer base requirements. According to the latest data, blood meal shipment numbers & values have increased significantly over last few years making it one among top key ingredients used widely within poultry industry today. This trend appears to remain same going forward owing mainly due its relatively low cost compared against other alternative proteins available out there coupled with improved nutritional benefits offered through inclusion levels allowed across various segments including piglet diets resulting overall better performance outcomes.
The Philippines blood meal market is driven by its use as a high-protein ingredient in animal feed formulations. Blood meal is rich in amino acids, making it a valuable component in livestock and poultry diets. The market is influenced by the expansion of the livestock sector, increasing meat consumption, and the need for balanced and nutritionally complete feeds. However, factors such as sourcing of raw materials and regulatory considerations could impact market dynamics.
The Philippines blood meal market plays a crucial role in animal nutrition. However, challenges include fluctuating availability due to variations in slaughter rates and processing methods. Ensuring the safety and quality of blood meal products is paramount but requires stringent processing standards. Sourcing and logistics challenges can impact the cost-effectiveness of these products, influencing their competitiveness in the market.
The Philippines blood meal market encountered disruptions during the COVID-19 pandemic. Blood meal, often used in animal feed, faced challenges related to supply chain disruptions and logistical constraints. The lockdowns and restrictions impacted the meat processing industry, affecting the production of by-products like blood meal. Furthermore, shifts in consumer demand and reduced livestock activities influenced the market. The recovery of this market was closely linked to the overall revival of the agriculture and livestock sectors.
In the Philippines, the blood meal market is closely linked to the animal feed industry. Key players in this market include animal nutrition companies such as UNIVET Nutrition and Animal Health and San Miguel Pure Foods. They produce and distribute blood meal as a protein-rich feed ingredient, contributing to the nutritional requirements of livestock and poultry.