Product Code: A15172
The global insect feed market was valued at $261.5 million in 2021, and is projected to reach $2182 million by 2031, registering a CAGR of 24.5%. The insect feed industry is currently driven by increasing demand for food, growing population, rising urbanization, and growth of the food service sector. Furthermore, increasing demand for organically grown livestock will propel the demand for insect feed market. Insect feed are rich in calcium, amino acid, lysine, and methionine. North America market is estimated to witness steady growth owing to the presence of major market players.
According to Food and Agriculture Organization (FAO), edible insects offer huge potential for enhancing food security. The insect-based diet will produce healthy and stronger livestock. The insect feed can replace around 25 to 100% of fishmeal and soymeal in animals diet with no adverse effects. Also, the consumption of insect feed increase the body weight and yield. Edible insects through a combination of their high and varying nutritional content and ease in availability offers unique feed option.
The shift in pet ownership to parenting has been a very crucial and defining trend in the pet food market, especially in the developed countries. One third of the households in developed countries own a pet. Traditionally, pet owners fed their pet leftovers and scraps from family meals. However, pet owners are getting aware of pet food and supplements, which are manufactured with the focus to improve health of these animals. In addition, there has been a rise in adoption of pets and, owing to various benefits associated with them, such as increase in opportunities to exercise and decline in stress. American Veterinary Medical Foundation (AVMF) study shows that nine out of ten Americans, who own pets, consider them as a part of their families. According to the 2018 National Pet Owners Survey, conducted by the American Pet Products Association (APPA), 68% of households in the U.S. owned a pet. The expenditure on pets in the country increased from 41.2% in 2007 to 69.4% in 2018, out of which the money spent on pet food occupied over 40 to 45%. Collectively, it shows that increasing pet humanization is expected to increase the demand for insect feed during the forecast period.
The increasing demand for meat products will also derive the demand for insect feed among livestock. The livestock industry has undergone major structural changes during past two decades owing to the introduction of modern intensive production methods, improves preventive disease control, genetic improvements, increasing human population and disposable income, and urbanization. These collaboratively offers tremendous opportunity for poultry growers to improve their income. Apart from that, high demand for food security, traceability, and compliance owing to the strict food policies are likely to support the growth of livestock feed market which in turn will propel the demand for insect feed market.
However, allergic reactions among pets are likely to hamper the market growth. The demand for organic feed among growers will create an opportunity among insect feed manufacturers.
The global insect feed market is segmented into product type, end user, end use, and region. On the basis of product type, the market is categorized into meal worms, fly larvae, silkworm, cicadas, and others. By end user, it is fragmented into residential and commercial. Depending on end use, it is segregated into pet food, aquaculture, and livestock. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Singapore, New Zealand, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, UAE, and rest of LAMEA).
The key market players included in the insect feeds market analysis are AgriProtein Holdings Ltd, Buhler AG, Protix, Enterra Feed, entofood, enviroflight, Nasekomo, InnovaFEED, Hexafly, Coppens, DeliBugs, Kreca Ento-Feed BV, Ynsect, Nusect, Protenga, Beta Hatch, and Entobel.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the insect feed market analysis from 2021 to 2031 to identify the prevailing insect feed market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the insect feed market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global insect feed market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
- Meal Worms
- Fly Larvae
- Silkworm
- Cicadas
- Other
By End Use
- Pet Food
- Aquaculture
- Livestock
By End User
By Region
- North America
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Russia
- Rest Of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Singapore
- New Zealand
- Rest Of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest Of LAMEA
- Key Market Players
- Nutrition Technologies
- JR Unique Foods Ltd.
- protix
- senterra corporation
- Endofood Sdn Bhd
- EnviroFlight
- Nasekomo
- innovafeed
- Hexafly
- Alltech Coppens
- DeliBugs
- Kreca Ento-Feed BV
- YNSECT
- Nusect
- Protenga
- Beta Hatch
- Entobel
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: INSECT FEED MARKET, BY PRODUCT TYPE
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Meal Worms
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Fly Larvae
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
- 4.4 Silkworm
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
- 4.5 Cicadas
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market analysis by country
- 4.6 Other
- 4.6.1 Key market trends, growth factors and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market analysis by country
CHAPTER 5: INSECT FEED MARKET, BY END USE
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Pet Food
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Aquaculture
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
- 5.4 Livestock
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
CHAPTER 6: INSECT FEED MARKET, BY END USER
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Residential
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 Commerical
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
CHAPTER 7: INSECT FEED MARKET, BY REGION
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 North America Market size and forecast, by Product Type
- 7.2.3 North America Market size and forecast, by End Use
- 7.2.4 North America Market size and forecast, by End User
- 7.2.5 North America Market size and forecast, by country
- 7.2.5.1 U.S.
- 7.2.5.1.1 Market size and forecast, by Product Type
- 7.2.5.1.2 Market size and forecast, by End Use
- 7.2.5.1.3 Market size and forecast, by End User
- 7.2.5.2 Canada
- 7.2.5.2.1 Market size and forecast, by Product Type
- 7.2.5.2.2 Market size and forecast, by End Use
- 7.2.5.2.3 Market size and forecast, by End User
- 7.2.5.3 Mexico
- 7.2.5.3.1 Market size and forecast, by Product Type
- 7.2.5.3.2 Market size and forecast, by End Use
- 7.2.5.3.3 Market size and forecast, by End User
- 7.3 Europe
- 7.3.1 Key trends and opportunities
- 7.3.2 Europe Market size and forecast, by Product Type
- 7.3.3 Europe Market size and forecast, by End Use
- 7.3.4 Europe Market size and forecast, by End User
- 7.3.5 Europe Market size and forecast, by country
- 7.3.5.1 Germany
- 7.3.5.1.1 Market size and forecast, by Product Type
- 7.3.5.1.2 Market size and forecast, by End Use
- 7.3.5.1.3 Market size and forecast, by End User
- 7.3.5.2 UK
- 7.3.5.2.1 Market size and forecast, by Product Type
- 7.3.5.2.2 Market size and forecast, by End Use
- 7.3.5.2.3 Market size and forecast, by End User
- 7.3.5.3 Italy
- 7.3.5.3.1 Market size and forecast, by Product Type
- 7.3.5.3.2 Market size and forecast, by End Use
- 7.3.5.3.3 Market size and forecast, by End User
- 7.3.5.4 France
- 7.3.5.4.1 Market size and forecast, by Product Type
- 7.3.5.4.2 Market size and forecast, by End Use
- 7.3.5.4.3 Market size and forecast, by End User
- 7.3.5.5 Spain
- 7.3.5.5.1 Market size and forecast, by Product Type
- 7.3.5.5.2 Market size and forecast, by End Use
- 7.3.5.5.3 Market size and forecast, by End User
- 7.3.5.6 Russia
- 7.3.5.6.1 Market size and forecast, by Product Type
- 7.3.5.6.2 Market size and forecast, by End Use
- 7.3.5.6.3 Market size and forecast, by End User
- 7.3.5.7 Rest of Europe
- 7.3.5.7.1 Market size and forecast, by Product Type
- 7.3.5.7.2 Market size and forecast, by End Use
- 7.3.5.7.3 Market size and forecast, by End User
- 7.4 Asia-Pacific
- 7.4.1 Key trends and opportunities
- 7.4.2 Asia-Pacific Market size and forecast, by Product Type
- 7.4.3 Asia-Pacific Market size and forecast, by End Use
- 7.4.4 Asia-Pacific Market size and forecast, by End User
- 7.4.5 Asia-Pacific Market size and forecast, by country
- 7.4.5.1 China
- 7.4.5.1.1 Market size and forecast, by Product Type
- 7.4.5.1.2 Market size and forecast, by End Use
- 7.4.5.1.3 Market size and forecast, by End User
- 7.4.5.2 Japan
- 7.4.5.2.1 Market size and forecast, by Product Type
- 7.4.5.2.2 Market size and forecast, by End Use
- 7.4.5.2.3 Market size and forecast, by End User
- 7.4.5.3 India
- 7.4.5.3.1 Market size and forecast, by Product Type
- 7.4.5.3.2 Market size and forecast, by End Use
- 7.4.5.3.3 Market size and forecast, by End User
- 7.4.5.4 South Korea
- 7.4.5.4.1 Market size and forecast, by Product Type
- 7.4.5.4.2 Market size and forecast, by End Use
- 7.4.5.4.3 Market size and forecast, by End User
- 7.4.5.5 Australia
- 7.4.5.5.1 Market size and forecast, by Product Type
- 7.4.5.5.2 Market size and forecast, by End Use
- 7.4.5.5.3 Market size and forecast, by End User
- 7.4.5.6 Singapore
- 7.4.5.6.1 Market size and forecast, by Product Type
- 7.4.5.6.2 Market size and forecast, by End Use
- 7.4.5.6.3 Market size and forecast, by End User
- 7.4.5.7 New Zealand
- 7.4.5.7.1 Market size and forecast, by Product Type
- 7.4.5.7.2 Market size and forecast, by End Use
- 7.4.5.7.3 Market size and forecast, by End User
- 7.4.5.8 Rest of Asia-Pacific
- 7.4.5.8.1 Market size and forecast, by Product Type
- 7.4.5.8.2 Market size and forecast, by End Use
- 7.4.5.8.3 Market size and forecast, by End User
- 7.5 LAMEA
- 7.5.1 Key trends and opportunities
- 7.5.2 LAMEA Market size and forecast, by Product Type
- 7.5.3 LAMEA Market size and forecast, by End Use
- 7.5.4 LAMEA Market size and forecast, by End User
- 7.5.5 LAMEA Market size and forecast, by country
- 7.5.5.1 Brazil
- 7.5.5.1.1 Market size and forecast, by Product Type
- 7.5.5.1.2 Market size and forecast, by End Use
- 7.5.5.1.3 Market size and forecast, by End User
- 7.5.5.2 Argentina
- 7.5.5.2.1 Market size and forecast, by Product Type
- 7.5.5.2.2 Market size and forecast, by End Use
- 7.5.5.2.3 Market size and forecast, by End User
- 7.5.5.3 South Africa
- 7.5.5.3.1 Market size and forecast, by Product Type
- 7.5.5.3.2 Market size and forecast, by End Use
- 7.5.5.3.3 Market size and forecast, by End User
- 7.5.5.4 Saudi Arabia
- 7.5.5.4.1 Market size and forecast, by Product Type
- 7.5.5.4.2 Market size and forecast, by End Use
- 7.5.5.4.3 Market size and forecast, by End User
- 7.5.5.5 United Arab Emirates
- 7.5.5.5.1 Market size and forecast, by Product Type
- 7.5.5.5.2 Market size and forecast, by End Use
- 7.5.5.5.3 Market size and forecast, by End User
- 7.5.5.6 Rest of LAMEA
- 7.5.5.6.1 Market size and forecast, by Product Type
- 7.5.5.6.2 Market size and forecast, by End Use
- 7.5.5.6.3 Market size and forecast, by End User
CHAPTER 8: COMPANY LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Key developments
CHAPTER 9: COMPANY PROFILES
- 9.1 Nutrition Technologies
- 9.1.1 Company overview
- 9.1.2 Company snapshot
- 9.1.3 Operating business segments
- 9.1.4 Product portfolio
- 9.1.5 Business performance
- 9.1.6 Key strategic moves and developments
- 9.2 JR Unique Foods Ltd.
- 9.2.1 Company overview
- 9.2.2 Company snapshot
- 9.2.3 Operating business segments
- 9.2.4 Product portfolio
- 9.2.5 Business performance
- 9.2.6 Key strategic moves and developments
- 9.3 protix
- 9.3.1 Company overview
- 9.3.2 Company snapshot
- 9.3.3 Operating business segments
- 9.3.4 Product portfolio
- 9.3.5 Business performance
- 9.3.6 Key strategic moves and developments
- 9.4 senterra corporation
- 9.4.1 Company overview
- 9.4.2 Company snapshot
- 9.4.3 Operating business segments
- 9.4.4 Product portfolio
- 9.4.5 Business performance
- 9.4.6 Key strategic moves and developments
- 9.5 Endofood Sdn Bhd
- 9.5.1 Company overview
- 9.5.2 Company snapshot
- 9.5.3 Operating business segments
- 9.5.4 Product portfolio
- 9.5.5 Business performance
- 9.5.6 Key strategic moves and developments
- 9.6 EnviroFlight
- 9.6.1 Company overview
- 9.6.2 Company snapshot
- 9.6.3 Operating business segments
- 9.6.4 Product portfolio
- 9.6.5 Business performance
- 9.6.6 Key strategic moves and developments
- 9.7 Nasekomo
- 9.7.1 Company overview
- 9.7.2 Company snapshot
- 9.7.3 Operating business segments
- 9.7.4 Product portfolio
- 9.7.5 Business performance
- 9.7.6 Key strategic moves and developments
- 9.8 innovafeed
- 9.8.1 Company overview
- 9.8.2 Company snapshot
- 9.8.3 Operating business segments
- 9.8.4 Product portfolio
- 9.8.5 Business performance
- 9.8.6 Key strategic moves and developments
- 9.9 Hexafly
- 9.9.1 Company overview
- 9.9.2 Company snapshot
- 9.9.3 Operating business segments
- 9.9.4 Product portfolio
- 9.9.5 Business performance
- 9.9.6 Key strategic moves and developments
- 9.10 Alltech Coppens
- 9.10.1 Company overview
- 9.10.2 Company snapshot
- 9.10.3 Operating business segments
- 9.10.4 Product portfolio
- 9.10.5 Business performance
- 9.10.6 Key strategic moves and developments
- 9.11 DeliBugs
- 9.11.1 Company overview
- 9.11.2 Company snapshot
- 9.11.3 Operating business segments
- 9.11.4 Product portfolio
- 9.11.5 Business performance
- 9.11.6 Key strategic moves and developments
- 9.12 Kreca Ento-Feed BV
- 9.12.1 Company overview
- 9.12.2 Company snapshot
- 9.12.3 Operating business segments
- 9.12.4 Product portfolio
- 9.12.5 Business performance
- 9.12.6 Key strategic moves and developments
- 9.13 YNSECT
- 9.13.1 Company overview
- 9.13.2 Company snapshot
- 9.13.3 Operating business segments
- 9.13.4 Product portfolio
- 9.13.5 Business performance
- 9.13.6 Key strategic moves and developments
- 9.14 Nusect
- 9.14.1 Company overview
- 9.14.2 Company snapshot
- 9.14.3 Operating business segments
- 9.14.4 Product portfolio
- 9.14.5 Business performance
- 9.14.6 Key strategic moves and developments
- 9.15 Protenga
- 9.15.1 Company overview
- 9.15.2 Company snapshot
- 9.15.3 Operating business segments
- 9.15.4 Product portfolio
- 9.15.5 Business performance
- 9.15.6 Key strategic moves and developments
- 9.16 Beta Hatch
- 9.16.1 Company overview
- 9.16.2 Company snapshot
- 9.16.3 Operating business segments
- 9.16.4 Product portfolio
- 9.16.5 Business performance
- 9.16.6 Key strategic moves and developments
- 9.17 Entobel
- 9.17.1 Company overview
- 9.17.2 Company snapshot
- 9.17.3 Operating business segments
- 9.17.4 Product portfolio
- 9.17.5 Business performance
- 9.17.6 Key strategic moves and developments