Raphael Carmo · Managing Partner, 4D World Blood, plasma & the protein you never see Key Takeaways ▸ Slaughterhouse blood yields two products: spray-dried plasma and blood meal. ▸ Plasma is the premium fraction, valued for its bioactive proteins. ▸ Blood meal is a dense, high-lysine p... Pet Food Prices & Markets Rendering Jun 18, 2026
Raphael Carmo · Managing Partner, 4D World Purina's half-billion bet on Italy Key Takeaways ▸ Nestle Purina is investing CHF 520 million in a new Mantova, Italy plant. ▸ The plant is dedicated to super-premium wet lines for cats and dogs. ▸ Production is slated to begin in 2029... Europe Innovation Pet Food Prices & Markets Jun 16, 2026
Raphael Carmo · Managing Partner, 4D World Bird flu eases and the egg panic finally cools Key Takeaways ▸ US egg prices have fallen to about $2.50 a dozen from a $5.90 peak. ▸ The US layer flock has been rebuilt to 378.6 million hens. ▸ First-quarter US bird losses fell to 20.8 million fro... Europe Food Safety Prices & Markets United States Jun 15, 2026
Raphael Carmo · Managing Partner, 4D World When beef gets pricey, everything downstream feels it Key Takeaways ▸ US retail ground beef is near $8.62 a pound, up 12% year-on-year. ▸ US retail steak runs about $12.80 a pound, up 16%. ▸ The FAO Meat Price Index is pressing record territory. ▸ A stru... Food Prices & Markets United States Jun 14, 2026
Raphael Carmo · Managing Partner, 4D World Collagen's $26 billion gold rush Key Takeaways ▸ The global collagen market was worth US$11.4 billion in 2025. ▸ Forecasters see 10.9% annual growth lifting collagen to $26.2 billion by 2033. ▸ Europe is the largest region, at 35.3% ... Pharma Prices & Markets Rendering Jun 11, 2026
Raphael Carmo · Managing Partner, 4D World South America's beef boom is a price story Key Takeaways ▸ Argentina's Q1 beef export revenue jumped 54% to US$1.028 billion. ▸ Argentina's average beef price rose 31.5% to $5,149 a tonne. ▸ Volume rose just 17.1% to 199,658 tonnes - price did... Latin America Prices & Markets Jun 8, 2026
Raphael Carmo · Managing Partner, 4D World Peru cuts the catch — and poultry meal steps in Key Takeaways ▸ Peru set its first anchovy season quota at 1.91 million tonnes, down about 36%. ▸ Peru's anchoveta fishery is the backbone of the world's fishmeal supply. ▸ A tighter fishmeal tap firm... Prices & Markets Rendering Southeast Asia Jun 4, 2026
Raphael Carmo · Managing Partner, 4D World China's pig farmers are bleeding $3.8 billion a month Key Takeaways ▸ China's hog sector loses about US$3.8 billion a month, roughly US$45 billion a year. ▸ Producers lose around US$65 per head across roughly 700 million pigs slaughtered yearly. ▸ China ... China Prices & Markets Jun 1, 2026
Raphael Carmo · Managing Partner, 4D World Tallow's second life: from fryer to fuel tank Key Takeaways ▸ US Gulf tallow set a record 90.5¢/lb on June 9, easing to 78¢ by late July ▸ Renewable diesel and SAF refineries now bid against pet food for tallow ▸ The EPA finalized a record 9.07 b... Prices & Markets Rendering Sustainability United States May 28, 2026
Raphael Carmo · Managing Partner, 4D World FEDIAF 2026: 306 million pets and counting Key Takeaways ▸ FEDIAF counts 306 million pets in Europe in its 2026 report ▸ 49% of European households — about 140 million homes — own a pet ▸ Pet food sales reached €29.4bn across roughly 8.6 milli... Europe Pet Food Prices & Markets May 26, 2026
Raphael Carmo · Managing Partner, 4D World The smallest US cattle herd since 1951 Key Takeaways ▸ The US cattle herd hit 86.2 million head, the smallest since 1951 ▸ Live cattle topped $250/cwt in April, a record high ▸ The US Beef Demand Index hit a record 138 despite record price... Prices & Markets United States May 25, 2026
Raphael Carmo · Managing Partner, 4D World Bovine trachea and the billion-dollar cartilage economy Key Takeaways ▸ Chondroitin sulfate anchors a ~$1.2bn market in 2025, ~$1.3bn in 2026 ▸ The market is projected to reach $1.7bn by 2033 at 3.8% CAGR ▸ Bovine sources supply 37.9% of chondroitin ▸ Nutr... Pharma Prices & Markets Rendering May 21, 2026
