Product Code: ETC380427 | 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 | |
The blood meal market in Singapore is expected to experience growth as the agriculture and aquaculture sectors utilize blood meal as a valuable protein source in animal feed formulations. Blood meal provides essential nutrients for animal nutrition and growth. The market`s expansion is driven by the need for sustainable and protein-rich feed ingredients.
The growth of the Singapore blood meal market is driven by factors such as animal nutrition, aquaculture, and protein sourcing. Blood meal is a valuable protein ingredient used in animal feeds, particularly in aquaculture and livestock farming. Growth drivers encompass the demand for protein-rich and sustainable feed ingredients, innovations in blood meal production for quality and safety, and applications in fish farming, poultry production, and animal nutrition. As the aquaculture and livestock industries require high-protein feeds, the blood meal market is expected to grow, providing essential nutritional components for animal health.
The blood meal market in Singapore confronts challenges associated with animal nutrition and sustainable sourcing. Blood meal is a valuable protein source in animal feed, and ensuring its availability and quality is crucial for livestock and aquaculture industries. Managing blood meal imports while addressing concerns about sourcing and sustainability is vital for animal nutrition.
The blood meal market in Singapore experienced changes during the COVID-19 pandemic. With disruptions in meat processing, the market adjusted to evolving demand for animal nutrition. Blood meal remained essential for its protein content in animal feed. Manufacturers adapted by ensuring consistent product quality and availability. The pandemic highlighted the significance of sustainable and nutritious animal feed ingredients, influencing market strategies.
In the Singapore blood meal market, major players such as Darling Ingredients Inc., The Scoular Company, and APC, Inc. supply blood meal as a protein-rich ingredient for animal feed and pet food manufacturing. Their commitment to sustainable sourcing and animal nutrition positions them as key contributors to this sector.