Blood meal is concentrated animal protein. By dry weight, it is roughly 80% crude protein, with nitrogen locked in peptide bonds and amino acid side chains. Plants cannot absorb that nitrogen directly — it must first be mineralized into ammonium (NH4+) and then nitrate (NO3−) by soil bacteria.
What makes blood meal different from other organic meals is the speed of that mineralization. Its low carbon-to-nitrogen ratio (C/N around 3:1) and protein-rich substrate are exactly what soil bacteria need to multiply rapidly. Oregon State University Extension lab incubations of organic fertilizers (8–14% N, including blood meal) measured approximately 60% of total nitrogen released as plant-available N in 4 weeks at 72°F — faster and at a higher fraction than feather meal, alfalfa meal, or composted manure, and slower (but lower-burn-risk) than water-soluble synthetics like urea.
Practically, that means blood meal sits in a useful middle ground: organic and OMRI-listable (for the 40 lb repack), but fast enough to actually correct a nitrogen deficiency mid-season rather than just feed next year's soil. The trade-off is that release is temperature-driven — below ~50°F microbial activity drops sharply and blood meal essentially waits for spring.
For deeper coverage on nitrogen in plant nutrition, see What Is the Function of Nitrogen in Plants? and our comparison of organic vs synthetic nitrogen sources in Best Nitrogen Fertilizer.