PUBLISHER: Value Market Research | PRODUCT CODE: 1352938
PUBLISHER: Value Market Research | PRODUCT CODE: 1352938
The global demand for Edible Insects for Animal Feed Market is presumed to reach the market size of nearly USD 144.03 BN by 2030 from USD 6.53 BN in 2022 with a CAGR of 41.02% under the study period of 2023 - 2030.
Edible Insects for Animal Feed refers to the process of providing insects as a steady diet to livestock. Insects have nutritional content that is at least on par with soybeans and fish meal products. Insect-based food can be very important in creating a circular food cycle. This is because livestock dung and byproducts and residual flows from the agrifood industry can be used to grow insects. As a result, they can support sustainable animal production.
The Edible Insects for Animal Feed market is anticipated to expand rapidly, thanks to the rising demand for products made from insects for animal feed and livestock husbandry. Further, the end-use industries like pet food and feed, livestock raising, and aquaculture are booming in the Asia Pacific region. Customers' preferences for insect-based animal feed and the high rate of edibility adaptation for animal feed in nations like China and India make those markets the most alluring in Asia. However, the global market for edible insects for animal feed is somewhat constrained by regionally specific regulatory rules. Nonetheless, low space requirements, high nutritional value, and little environmental effect are other major variables influencing the market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of edible insects for animal feed. The growth and trends of Edible Insects for Animal Feed Industry provide a holistic approach to this study.
This section of the edible insects for animal feed market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Edible Insects for Animal Feed market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the edible insects for animal feed market include AgriProtein Holdings Ltd., Ynsect, Protix, InnovaFeed, EnviroFlight LLC, Entomo Farms, Beta Hatch, Nutrition Technologies Group, Hexafly Biotech, Entobel, HiProMine, Mutatec, Enterra Feed Corporation, Entomotech S.L., Kreca Ento-Feed BV, DeliBugs, Haocheng Mealworms Inc., Nusect, Protenga, nextProtein. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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