PUBLISHER: Persistence Market Research | PRODUCT CODE: 1526018
PUBLISHER: Persistence Market Research | PRODUCT CODE: 1526018
Edible Insects For Animal Feed Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033
Persistence Market Research has recently released a comprehensive report on the worldwide Edible Insects for Animal Feed Market. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.
Key Insights:
- Edible Insects for Animal Feed Market Size (2024E): USD 9587.5 Mn
- Projected Market Value (2033F): USD 116192.2 Mn
- Global Market Growth Rate (CAGR 2024 to 2033): 31.9%
Edible Insects for Animal Feed Market - Report Scope:
Edible insects are increasingly being utilized as a sustainable and nutritious alternative to traditional animal feed ingredients. These insects provide high-quality protein, essential fatty acids, and other nutrients that benefit animal health and growth. The edible insects for animal feed market caters to various sectors, including aquaculture, poultry, and pet food industries, offering diverse insect species such as mealworms, crickets, and black soldier flies. Market growth is driven by rising demand for sustainable and eco-friendly feed solutions, coupled with the need to reduce the environmental impact of conventional feed production.
Market Growth Drivers:
The global edible insects for animal feed market is propelled by several key factors, including the growing emphasis on sustainability and environmental conservation in agriculture. Edible insects offer a lower ecological footprint compared to traditional feed ingredients, reducing greenhouse gas emissions and resource consumption. The increasing awareness of the benefits of insect-based feed, such as improved feed conversion rates and enhanced animal health, further stimulates market expansion. Additionally, advancements in insect farming technologies and feed processing methods contribute to the scalability and efficiency of insect-based feed production, fostering market growth.
Market Restraints:
Despite promising growth prospects, the edible insects for animal feed market faces challenges related to regulatory hurdles, consumer acceptance, and production scalability. Regulatory frameworks governing the use of insects in animal feed vary by region, impacting market entry and operational costs for producers. Limited consumer acceptance and concerns about the safety and quality of insect-based feed also pose challenges to market penetration. Furthermore, scaling up insect farming operations to meet growing demand requires significant investment and infrastructure development, which can be a barrier for new entrants and small-scale producers.
Market Opportunities:
The edible insects for animal feed market presents significant growth opportunities driven by technological innovations, evolving consumer preferences, and regulatory support. The integration of advanced insect farming techniques, such as controlled-environment systems and automated feed production, enhances the efficiency and sustainability of insect-based feed production. Additionally, increasing collaboration between insect farmers, feed manufacturers, and regulatory bodies can facilitate market expansion and promote industry standards. The rising demand for alternative protein sources in animal feed, driven by concerns over resource scarcity and environmental impact, creates new avenues for market players to explore and capitalize on emerging opportunities.
Key Questions Answered in the Report:
- What are the primary factors driving the growth of the edible insects for animal feed market globally?
- Which insect species and applications are leading the adoption of insect-based feed in various sectors?
- How are technological advancements influencing the competitive landscape of the edible insects for animal feed market?
- Who are the key players contributing to the edible insects for animal feed market, and what strategies are they employing to maintain market relevance?
- What are the emerging trends and future prospects in the global edible insects for animal feed market?
Competitive Intelligence and Business Strategy:
Leading players in the global edible insects for animal feed market, including companies like EnviroFlight, Protix, and Ynsect, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in research and development to improve insect farming technologies, enhance feed formulations, and expand their product offerings. Collaborations with agricultural organizations, feed manufacturers, and regulatory agencies facilitate market access and promote the adoption of insect-based feed solutions. Emphasis on sustainability, efficiency, and consumer education helps market leaders build credibility and drive growth in the evolving edible insects for animal feed landscape.
Key Companies Profiled:
- AgriProtein Holdings Ltd
- Ynsect SAS
- Protix
- InnovaFeed
- EnviroFlight, LLC
- Entomo Farms
- Beta Hatch
- Nutrition Technologies Group
- Hexafly Biotech
- Entobel
- HiProMine S.A
- Mutatec
- Enterra Feed Corporation
- Entomotech S.L.
- Kreca Ento-Feed BV
- DeliBugs
- Haocheng Mealworms Inc.
- Nusect
- Protenga
Edible Insects for Animal Feed Industry Research by Category
By Insect Type:
- Black Soldier Fly
- Orthoptera
- Housefly
- Silkworm
- Mealworm
By Product Type:
- Meal
- Oil
- Whole
By End Use:
- Livestock
- Pet Food
- Aquaculture
By Region:
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand Side Trends
- 1.3. Supply Side Trends
- 1.4. Analysis and Recommendations
2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
3. Key Market Trends
- 3.1. Key Trends Impacting the Market
- 3.2. Product Innovation / Development Trends
4. Key Success Factors
- 4.1. Influencing Factors of the Edible Insects for Animal Feed Market
- 4.2. Insects as a New Layer to Waste Hierarchy
5. Global Edible Insects for Animal Feed Market Demand Volume (in Tons) Analysis 2019-2023 and Forecast, 2024-2033
- 5.1. Historical Market Volume (in Tons) Analysis, 2019-2023
- 5.2. Current and Future Market Volume (in Tons) Projections, 2024-2033
- 5.2.1. Y-o-Y Growth Trend Analysis
- 5.2.2. Absolute $ Opportunity Analysis
6. Global Edible Insects for Animal Feed Market - Pricing Analysis
- 6.1. Regional Pricing Analysis
- 6.2. Global Average Pricing Analysis Benchmark
7. Market Background
- 7.1. Macro-Economic Factors
- 7.1.1. Global GDP Growth Outlook
- 7.1.2. Global Economic Outlook
- 7.1.3. Global Food Security Index
- 7.1.4. Final Consumption Expenditure
- 7.1.5. Global Rank - Ease of Doing Business Rank, 2019
- 7.1.6. Global Rank - Trading Across Borders, 2019
- 7.2. Forecast Factor- Relevance and Impact Analysis
- 7.3. Media Coverage
- 7.4. Global Food & Beverage Sector Outlook
- 7.5. Food & Beverage Industry Overview
- 7.6. Food & Beverage Industry Key Indicators
- 7.7. Global Feed Industry Outlook
- 7.8. Investment Highlights of Insects for Animal Feed, 2019
- 7.9. Environmental Benefits of Farming Insects
- 7.10. Vertical Farming of Insects
- 7.11. Unique Features & Life Cycle of Black Soldier Fly Larvae
- 7.12. Animal Nutrition Using Insect Technology
- 7.13. Bioconversion of Waste to Animal Feed
- 7.14. Factors That Are Affecting the Prices
- 7.15. Global Edible Insect Market Scenario, 2024 Vs 2024
- 7.16. Key Investments in Global Edible Insects for Animal Feed Market, 2024
- 7.17. Strategic Initiatives Undertaken for Industry Development
- 7.18. Value Chain Analysis
- 7.19. Key Regulations
- 7.20. Market Dynamics
- 7.20.1. Drivers
- 7.20.2. Restraints
- 7.20.3. Opportunity Analysis
8. Global Edible Insects for Animal Feed Market Analysis 2019-2023 and Forecast 2024-2033, By Insect Type
- 8.1. Introduction / Key Findings
- 8.2. Historical Market Size (US$ Mn) and Volume (in Tons) Analysis By Insect Type, 2019-2023
- 8.3. Current and Future Market Size (US$ Mn) and Volume (in Tons) Analysis and Forecast By Insect Type, 2024-2033
- 8.3.1. Black Soldier Fly
- 8.3.2. Mealworm
- 8.3.3. Housefly
- 8.3.4. Silkworm
- 8.3.5. Orthoptera
- 8.3.6. Others
- 8.4. Market Attractiveness Analysis By Insect Type
9. Global Edible Insects for Animal Feed Market Analysis 2019-2023 and Forecast 2024-2033, By Product Type
- 9.1. Introduction / Key Findings
- 9.2. Historical Market Size (US$ Mn) and Volume (in Tons) Analysis By Product Type , 2019-2023
- 9.3. Current and Future Market Size (US$ Mn) and Volume (in Tons) Analysis and Forecast By Product Type , 2024-2033
- 9.3.1. Meal (Powder)
- 9.3.2. Oil
- 9.3.3. Whole (Dried)
- 9.4. Market Attractiveness Analysis By Product Type
10. Global Edible Insects for Animal Feed Market Analysis 2019-2023 and Forecast 2024-2033, By End-Use
- 10.1. Introduction / Key Findings
- 10.2. Historical Market Size (US$ Mn) and Volume (in Tons) Analysis By End-Use, 2019-2023
- 10.3. Current and Future Market Size (US$ Mn) and Volume (in Tons) Analysis and Forecast By End-Use, 2024-2033
- 10.3.1. Livestock
- 10.3.1.1. Poultry
- 10.3.1.2. Swine
- 10.3.2. Pet Food
- 10.3.3. Aquaculture
- 10.3.1. Livestock
- 10.4. Market Attractiveness Analysis By End-Use
11. Global Edible Insects for Animal Feed Market Analysis 2019-2023 and Forecast 2024-2033, By Region
- 11.1. Introduction
- 11.2. Historical Market Size (US$ Mn) and Volume (in Tons) Analysis By Region, 2019-2023
- 11.3. Current Market Size (US$ Mn) and Volume (in Tons) Analysis and Forecast By Region, 2024-2033
- 11.3.1. North America
- 11.3.2. Latin America
- 11.3.3. Europe
- 11.3.4. South Asia & Pacific
- 11.3.5. East Asia
- 11.3.6. Middle East and Africa (MEA)
- 11.4. Market Attractiveness Analysis By Region
12. North America Edible Insects for Animal Feed Market Analysis 2019-2023 and Forecast 2024-2033
- 12.1. Introduction
- 12.2. Historical Market Size (US$ Mn) and Volume (in Tons) Trend Analysis By Market Taxonomy, 2019-2023
- 12.3. Market Size (US$ Mn) and Volume (in Tons) Forecast By Market Taxonomy, 2024-2033
- 12.3.1. By Country
- 12.3.1.1. U.S.
- 12.3.1.2. Canada
- 12.3.2. By Insect Type
- 12.3.3. By Product Type
- 12.3.4. By End-Use
- 12.3.1. By Country
- 12.4. Market Attractiveness Analysis
- 12.4.1. By Country
- 12.4.2. By Insect Type
- 12.4.3. By Product Type
- 12.4.4. By End-Use
- 12.5. Drivers and Restraints - Impact Analysis
13. Latin America Edible Insects for Animal Feed Market Analysis 2019-2023 and Forecast 2024-2033
- 13.1. Introduction
- 13.2. Historical Market Size (US$ Mn) and Volume (in Tons) Trend Analysis By Market Taxonomy, 2019-2023
- 13.3. Market Size (US$ Mn) and Volume (in Tons) Forecast By Market Taxonomy, 2024-2033
- 13.3.1. By Country
- 13.3.1.1. Brazil
- 13.3.1.2. Mexico
- 13.3.1.3. Argentina
- 13.3.1.4. Rest of Latin America
- 13.3.2. By Insect Type
- 13.3.3. By Product Type
- 13.3.4. By End-Use
- 13.3.1. By Country
- 13.4. Market Attractiveness Analysis
- 13.4.1. By Country
- 13.4.2. By Insect Type
- 13.4.3. By Product Type
- 13.4.4. By End-Use
- 13.5. Drivers and Restraints - Impact Analysis
14. Europe Edible Insects for Animal Feed Market Analysis 2019-2023 and Forecast 2024-2033
- 14.1. Introduction
- 14.2. Historical Market Size (US$ Mn) and Volume (in Tons) Trend Analysis By Market Taxonomy, 2019-2023
- 14.3. Market Size (US$ Mn) and Volume (in Tons) Forecast By Market Taxonomy, 2024-2033
- 14.3.1. By Country
- 14.3.1.1. Germany
- 14.3.1.2. Italy
- 14.3.1.3. France
- 14.3.1.4. U.K.
- 14.3.1.5. Spain
- 14.3.1.6. BENELUX
- 14.3.1.7. Nordic
- 14.3.1.8. Russia
- 14.3.1.9. Poland
- 14.3.1.10. Rest of Europe
- 14.3.2. By Insect Type
- 14.3.3. By Product Type
- 14.3.4. By End-Use
- 14.3.1. By Country
- 14.4. Market Attractiveness Analysis
- 14.4.1. By Country
- 14.4.2. By Insect Type
- 14.4.3. By Product Type
- 14.4.4. By End-Use
- 14.5. Drivers and Restraints - Impact Analysis
15. South Asia & Pacific & Pacific Edible Insects for Animal Feed Market Analysis 2019-2023 and Forecast 2024-2033
- 15.1. Introduction
- 15.2. Historical Market Size (US$ Mn) and Volume (in Tons) Trend Analysis By Market Taxonomy, 2019-2023
- 15.3. Market Size (US$ Mn) and Volume (in Tons) Forecast By Market Taxonomy, 2024-2033
- 15.3.1. By Country
- 15.3.1.1. India
- 15.3.1.2. Thailand
- 15.3.1.3. Indonesia
- 15.3.1.4. Malaysia
- 15.3.1.5. Australia
- 15.3.1.6. New Zealand
- 15.3.1.7. Rest of South Asia & Pacific & Pacific
- 15.3.2. By Insect Type
- 15.3.3. By Product Type
- 15.3.4. By End-Use
- 15.3.1. By Country
- 15.4. Market Attractiveness Analysis
- 15.4.1. By Country
- 15.4.2. By Insect Type
- 15.4.3. By Product Type
- 15.4.4. By End-Use
- 15.5. Drivers and Restraints - Impact Analysis
16. East Asia Edible Insects for Animal Feed Market Analysis 2019-2023 and Forecast 2024-2033
- 16.1. Introduction
- 16.2. Historical Market Size (US$ Mn) and Volume (in Tons) Trend Analysis By Market Taxonomy, 2019-2023
- 16.3. Market Size (US$ Mn) and Volume (in Tons) Forecast By Market Taxonomy, 2024-2033
- 16.3.1. By Country
- 16.3.1.1. China
- 16.3.1.2. Japan
- 16.3.1.3. South Korea
- 16.3.2. By Insect Type
- 16.3.3. By Product Type
- 16.3.4. By End-Use
- 16.3.1. By Country
- 16.4. Market Attractiveness Analysis
- 16.4.1. By Country
- 16.4.2. By Insect Type
- 16.4.3. By Product Type
- 16.4.4. By End-Use
- 16.5. Drivers and Restraints - Impact Analysis
17. Middle East and Africa Edible Insects for Animal Feed Market Analysis 2019-2023 and Forecast 2024-2033
- 17.1. Introduction
- 17.2. Historical Market Size (US$ Mn) and Volume (in Tons) Trend Analysis By Market Taxonomy, 2019-2023
- 17.3. Market Size (US$ Mn) and Volume (in Tons) Forecast By Market Taxonomy, 2024-2033
- 17.3.1. By Country
- 17.3.1.1. GCC Countries
- 17.3.1.2. South Africa
- 17.3.1.3. Rest of Middle East and Africa
- 17.3.2. By Insect Type
- 17.3.3. By Product Type
- 17.3.4. By End-Use
- 17.3.1. By Country
- 17.4. Market Attractiveness Analysis
- 17.4.1. By Country
- 17.4.2. By Insect Type
- 17.4.3. By Product Type
- 17.4.4. By End-Use
- 17.5. Drivers and Restraints - Impact Analysis
18. Country Wise Edible Insects for Animal Feed Market Analysis 2024
- 18.1. Introduction
- 18.1.1. Market Value Proportion Analysis, By Key Countries
- 18.1.2. Global Vs. Country Growth Comparison
- 18.2. U.S. Edible Insects for Animal Feed Market Analysis
- 18.2.1. By Insect Type
- 18.2.2. By Product Type
- 18.2.3. By End-Use
- 18.3. Canada Edible Insects for Animal Feed Market Analysis
- 18.3.1. By Insect Type
- 18.3.2. By Product Type
- 18.3.3. By End-Use
- 18.4. Mexico Edible Insects for Animal Feed Market Analysis
- 18.4.1. By Type
- 18.4.2. By Product Type
- 18.4.3. By End-Use
- 18.5. Brazil Edible Insects for Animal Feed Market Analysis
- 18.5.1. By Type
- 18.5.2. By Product Type
- 18.5.3. By End-Use
- 18.6. Germany Edible Insects for Animal Feed Market Analysis
- 18.6.1. By Type
- 18.6.2. By Product Type
- 18.6.3. By End-Use
- 18.7. Italy Edible Insects for Animal Feed Market Analysis
- 18.7.1. By Type
- 18.7.2. By Product Type
- 18.7.3. By End-Use
- 18.8. France Edible Insects for Animal Feed Market Analysis
- 18.8.1. By Type
- 18.8.2. By Product Type
- 18.8.3. By End-Use
- 18.9. U.K. Edible Insects for Animal Feed Market Analysis
- 18.9.1. By Type
- 18.9.2. By Product Type
- 18.9.3. By End-Use
- 18.10. Spain Edible Insects for Animal Feed Market Analysis
- 18.10.1. By Type
- 18.10.2. By Product Type
- 18.10.3. By End-Use
- 18.11. Russia Edible Insects for Animal Feed Market Analysis
- 18.11.1. By Type
- 18.11.2. By Product Type
- 18.11.3. By End-Use
- 18.12. Poland Edible Insects for Animal Feed Market Analysis
- 18.12.1. By Type
- 18.12.2. By Product Type
- 18.12.3. By End-Use
- 18.13. China Edible Insects for Animal Feed Market Analysis
- 18.13.1. By Type
- 18.13.2. By Product Type
- 18.13.3. By End-Use
- 18.14. Japan Edible Insects for Animal Feed Market Analysis
- 18.14.1. By Type
- 18.14.2. By Product Type
- 18.14.3. By End-Use
- 18.15. S. Korea Edible Insects for Animal Feed Market Analysis
- 18.15.1. By Type
- 18.15.2. By Product Type
- 18.15.3. By End-Use
- 18.16. India Edible Insects for Animal Feed Market Analysis
- 18.16.1. By Type
- 18.16.2. By Product Type
- 18.16.3. By End-Use
- 18.17. Malaysia Edible Insects for Animal Feed Market Analysis
- 18.17.1. By Type
- 18.17.2. By Product Type
- 18.17.3. By End-Use
- 18.18. Australia Edible Insects for Animal Feed Market Analysis
- 18.18.1. By Type
- 18.18.2. By Product Type
- 18.18.3. By End-Use
- 18.19. New Zealand Edible Insects for Animal Feed Market Analysis
- 18.19.1. By Type
- 18.19.2. By Product Type
- 18.19.3. By End-Use
- 18.20. South Africa Edible Insects for Animal Feed Market Analysis
- 18.20.1. By Type
- 18.20.2. By Product Type
- 18.20.3. By End-Use
19. Market Structure Analysis
- 19.1. Market Analysis By Tier of Companies
- 19.2. Market Concentration
- 19.3. Market Presence Analysis
20. Competition Analysis
- 20.1. Competition Dashboard
- 20.2. Competition Benchmarking
- 20.3. Competition Deep Dive
- 20.3.1. AgriProtein Holdings Ltd
- 20.3.1.1. Overview
- 20.3.1.2. Product Portfolio
- 20.3.1.3. Sales Footprint
- 20.3.1.4. Key Developments
- 20.3.1.5. Strategy Overview
- 20.3.2. Ynsect SAS
- 20.3.2.1. Overview
- 20.3.2.2. Product Portfolio
- 20.3.2.3. Sales Footprint
- 20.3.2.4. Key Developments
- 20.3.2.5. Strategy Overview
- 20.3.3. Protix
- 20.3.3.1. Overview
- 20.3.3.2. Product Portfolio
- 20.3.3.3. Sales Footprint
- 20.3.3.4. Key Developments
- 20.3.3.5. Strategy Overview
- 20.3.4. InnovaFeed
- 20.3.4.1. Overview
- 20.3.4.2. Product Portfolio
- 20.3.4.3. Sales Footprint
- 20.3.4.4. Key Developments
- 20.3.4.5. Strategy Overview
- 20.3.5. EnviroFlight, LLC
- 20.3.5.1. Overview
- 20.3.5.2. Product Portfolio
- 20.3.5.3. Sales Footprint
- 20.3.5.4. Key Developments
- 20.3.5.5. Strategy Overview
- 20.3.6. Entomo Farms
- 20.3.6.1. Overview
- 20.3.6.2. Product Portfolio
- 20.3.6.3. Sales Footprint
- 20.3.6.4. Key Developments
- 20.3.6.5. Strategy Overview
- 20.3.7. Beta Hatch
- 20.3.7.1. Overview
- 20.3.7.2. Product Portfolio
- 20.3.7.3. Sales Footprint
- 20.3.7.4. Key Developments
- 20.3.7.5. Strategy Overview
- 20.3.8. Nutrition Technologies Group
- 20.3.8.1. Overview
- 20.3.8.2. Product Portfolio
- 20.3.8.3. Sales Footprint
- 20.3.8.4. Key Developments
- 20.3.8.5. Strategy Overview
- 20.3.9. Hexafly Biotech
- 20.3.9.1. Overview
- 20.3.9.2. Product Portfolio
- 20.3.9.3. Sales Footprint
- 20.3.9.4. Key Developments
- 20.3.9.5. Strategy Overview
- 20.3.10. Entobel
- 20.3.10.1. Overview
- 20.3.10.2. Product Portfolio
- 20.3.10.3. Sales Footprint
- 20.3.10.4. Key Developments
- 20.3.10.5. Strategy Overview
- 20.3.11. HiProMine S.A
- 20.3.11.1. Overview
- 20.3.11.2. Product Portfolio
- 20.3.11.3. Sales Footprint
- 20.3.11.4. Key Developments
- 20.3.11.5. Strategy Overview
- 20.3.12. Mutatec
- 20.3.12.1. Overview
- 20.3.12.2. Product Portfolio
- 20.3.12.3. Sales Footprint
- 20.3.12.4. Key Developments
- 20.3.12.5. Strategy Overview
- 20.3.13. Enterra Feed Corporation
- 20.3.13.1. Overview
- 20.3.13.2. Product Portfolio
- 20.3.13.3. Sales Footprint
- 20.3.13.4. Key Developments
- 20.3.13.5. Strategy Overview
- 20.3.14. Entomotech S.L.
- 20.3.14.1. Overview
- 20.3.14.2. Product Portfolio
- 20.3.14.3. Sales Footprint
- 20.3.14.4. Key Developments
- 20.3.14.5. Strategy Overview
- 20.3.15. Kreca Ento-Feed BV
- 20.3.15.1. Overview
- 20.3.15.2. Product Portfolio
- 20.3.15.3. Sales Footprint
- 20.3.15.4. Key Developments
- 20.3.15.5. Strategy Overview
- 20.3.16. DeliBugs
- 20.3.16.1. Overview
- 20.3.16.2. Product Portfolio
- 20.3.16.3. Sales Footprint
- 20.3.16.4. Key Developments
- 20.3.16.5. Strategy Overview
- 20.3.17. Haocheng Mealworms Inc.
- 20.3.17.1. Overview
- 20.3.17.2. Product Portfolio
- 20.3.17.3. Sales Footprint
- 20.3.17.4. Key Developments
- 20.3.17.5. Strategy Overview
- 20.3.18. Nusect
- 20.3.18.1. Overview
- 20.3.18.2. Product Portfolio
- 20.3.18.3. Sales Footprint
- 20.3.18.4. Key Developments
- 20.3.18.5. Strategy Overview
- 20.3.19. Protenga
- 20.3.19.1. Overview
- 20.3.19.2. Product Portfolio
- 20.3.19.3. Sales Footprint
- 20.3.19.4. Key Developments
- 20.3.19.5. Strategy Overview
- 20.3.20. nextProtein
- 20.3.20.1. Overview
- 20.3.20.2. Product Portfolio
- 20.3.20.3. Sales Footprint
- 20.3.20.4. Key Developments
- 20.3.20.5. Strategy Overview
- 20.3.1. AgriProtein Holdings Ltd
21. Assumptions and Acronyms Used
22. Research Methodology
