- The market is witnessing a growing shift toward sustainable and efficient protein sources, with blood meal emerging as a viable alternative to fishmeal due to its high lysine and protein content
- Strong demand for aquaculture products such as tilapia, catfish, and shrimp, particularly in Asia-Pacific and Latin America, is contributing to increased consumption of blood meal in feed formulations
- North America dominated the blood meal for aquafeed market with the largest revenue share in 2024, driven by the well-established aquaculture industry, rising demand for sustainable animal protein sources, and increasing use of high-protein feed ingredients
- Asia-Pacific region is expected to witness the highest growth rate in the global blood meal for aquafeed market, driven by rapid expansion of aquaculture in countries such as China, Vietnam, and Indonesia, coupled with increasing awareness of efficient feed utilization, rising seafood consumption, and supportive regulatory frameworks promoting sustainable feed practices
- The poultry blood segment accounted for the largest market revenue share in 2024, driven by its abundant supply from poultry processing plants and superior digestibility for aquatic species. Poultry blood-based meal is widely favored in aquafeed formulations due to its high protein concentration and balanced amino acid profile, which supports optimal fish and shrimp growth. The availability of poultry blood across regions with large-scale poultry farming further supports its dominance in the global market
