Market Forecast By Source (Porcine Blood, Poultry Blood, Ruminant Blood), By Application (Poultry Feed, Porcine Feed, Ruminant Feed, Aqua Feed, Natural Pest Deterrent, Organic Fertilizer) And Competitive Landscape
Product Code: ETC380425 | Publication Date: Nov 2022 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Thailand Blood Meal Market |
Forecast period | 2025-2031 |
CAGR | 4% |
Growing Sector | animal feed |
The Thailand Blood Meal Market report meticulously covers the market by Source, and by Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Thailand Blood Meal Market is consistently expanding, propelled by a growing requirement for high-quality, cost-effective feed solutions and the rise of organic farming. This diverse market includes various sources like Porcine Blood, Poultry Blood, Ruminant Blood, and numerous applications such as Poultry Feed, Porcine Feed, Ruminant Feed, Aqua Feed, Natural Pest Deterrent, Organic Fertilizer. As Thailand's agricultural sector continues to progress, the blood meal industry has become an imperative part of both domestic and international markets, supporting farmers with revolutionary and efficient feed solutions.
According to 6Wresearch, the Thailand Blood Meal Market revenue is predicted to grow at a substantial CAGR of 4% during the forecast period 2025-2031. The Blood Meal market in Thailand is expanding due to surging demand across various applications, driven by the need for efficient, high-quality nutrient sources. Advances in blood meal production technology and the rising preference for sustainable and cost-effective farming are fuelling this growth. As different sectors seek versatile, high-quality feed ingredients, the market is witnessing a steady surge in demand for various types of blood meal. This trend emphasizes the crucial role of continuing innovation to meet the evolving needs of diverse sectors, further boosting Thailand's Blood Meal Market growth.
Despite the promising outlook, the market encounters challenges such as high cost of premium feed systems and a lack of awareness about the latest technological advancements. However, with the growing need for efficient and secure farming practices, and government initiatives promoting organic farming, there are abundant growth opportunities for players in this market.
The Blood Meal market in Thailand is witnessing significant growth, driven by organic farming, evolving farming needs, and increasing demands in Poultry, Porcine, and Ruminant sectors. Farmers are demanding high-protein feed ingredients that balance efficiency with sustainability, especially in rural regions. This includes a preference for solutions that enable seamless integration into diverse farming systems, indicating a growing interest in scalability and quality over traditional farming methods.
Porcine and Poultry Blood Meal
The rise of Porcine and Poultry blood meal presents considerable growth prospects. These blood meal types enhance animal growth with high protein levels and essential amino acids, catering to the growing demand for meat and animal-based products.
Local and Regional Blood Meal Producers
Thailand's evolving agricultural industry is noticing increased interest in localized solutions. Investing in regional blood meal producers that satisfy specific industry requirements can resonate with farmers and agribusiness corporations.
In the Thailand blood meal market, leading players include both international and local companies that cater to diverse farming needs. International companies like Darling Ingredients, Terramar, FASA Group, and Sanimax are dominant in the high-quality blood meal segment, offering cost-effective and protein-rich solutions. Meanwhile, local players such as Siam PVS, Betagro, are gaining traction by incorporating advanced blood meal production technologies and sustainable practices into their operations. These companies appeal to farmers seeking reliability, customization, and environmentally ethical feed solutions.
The Thailand blood meal market is governed by stringent regulations aimed at ensuring product quality, safety, and environmental responsibility. Authorities have established guidelines for the sourcing, processing, and packaging of blood meal to prevent contamination and uphold hygiene standards. Producers must adhere to strict protocols for disposing of waste and by-products, minimizing environmental impact and aligning with sustainable practices. Additionally, government policies require businesses to obtain proper licensing and certifications to ensure that all production methods comply with national health and safety standards. For export purposes, blood meal products are subject to thorough inspections to satisfy international requirements and maintain Thailand's credibility in the global market. These regulatory measures reflect the government's focus on promoting ethical production practices and safeguarding public and environmental well-being.
The future of Thailand blood meal industry looks promising, with continued growth driven by rising demand for sustainable and efficient protein sources, urbanization, and a shift towards organic farming. Consumers are becoming more focused on quality, sustainability, and eco-friendly options, creating opportunities for brands that align with these values. E-commerce will play a significant role in shaping the market, with online platforms expected to expand. Additionally, locally produced and culturally inspired products are gaining popularity as Thai consumers increasingly seek to support homegrown businesses.
The report offers a comprehensive study of the subsequent market segments and their leading categories
According to Ravi Bhandari, Research Head, 6Wresearch, Porcine Blood is projected to dominate due to its high protein content. However, Poultry and Ruminant Blood are also gaining traction due to demand for cost-effectiveness and sustainability.
In Thailand’s blood meal market, Poultry Feed dominates. This is due to high demand for nutritious feed in poultry farming activities, supported by advancements in blood meal production technologies.
The market report has been segmented and sub segmented into the following categories
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Blood Meal Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Blood Meal Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Blood Meal Market - Industry Life Cycle |
3.4 Thailand Blood Meal Market - Porter's Five Forces |
3.5 Thailand Blood Meal Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Thailand Blood Meal Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Blood Meal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Blood Meal Market Trends |
6 Thailand Blood Meal Market Segmentations |
6.1 Thailand Blood Meal Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Thailand Blood Meal Market Revenues & Volume, By Porcine Blood, 2021-2031F |
6.1.3 Thailand Blood Meal Market Revenues & Volume, By Poultry Blood, 2021-2031F |
6.1.4 Thailand Blood Meal Market Revenues & Volume, By Ruminant Blood, 2021-2031F |
6.2 Thailand Blood Meal Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Blood Meal Market Revenues & Volume, By Poultry Feed, 2021-2031F |
6.2.3 Thailand Blood Meal Market Revenues & Volume, By Porcine Feed, 2021-2031F |
6.2.4 Thailand Blood Meal Market Revenues & Volume, By Ruminant Feed, 2021-2031F |
6.2.5 Thailand Blood Meal Market Revenues & Volume, By Aqua Feed, 2021-2031F |
6.2.6 Thailand Blood Meal Market Revenues & Volume, By Natural Pest Deterrent, 2021-2031F |
6.2.7 Thailand Blood Meal Market Revenues & Volume, By Organic Fertilizer, 2021-2031F |
7 Thailand Blood Meal Market Import-Export Trade Statistics |
7.1 Thailand Blood Meal Market Export to Major Countries |
7.2 Thailand Blood Meal Market Imports from Major Countries |
8 Thailand Blood Meal Market Key Performance Indicators |
9 Thailand Blood Meal Market - Opportunity Assessment |
9.1 Thailand Blood Meal Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Thailand Blood Meal Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Blood Meal Market - Competitive Landscape |
10.1 Thailand Blood Meal Market Revenue Share, By Companies, 2024 |
10.2 Thailand Blood Meal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |