![Worldwide Insect Feed Market [by Segments (Pig Nutrition, Poultry Nutrition, Dairy Nutrition, Aquaculture, Others); by Regions (North America, Europe, Asia-Pacific, Central/Latin America, Middle-East, Africa)]: Market Size and Forecasts (2020 - 2025)- Product Image](http://www.researchandmarkets.com/product_images/5159/5159606_500px_jpg/worldwide_insect_feed_market_[by_segments_pig_nutrition_poultry_nutrition_dairy_nutrition_aquaculture_others_by_regions_north_america_europe_asiapacific_centrallatin_america_middleeast_africa]_market_size_and_forecasts_2020_2025.jpg)
The report on the Insect Feed market provides an in-depth analysis of the market size, forecasts, and opportunities of Insect Feed catering to the five key segments – Pig Nutrition, Poultry Nutrition, Dairy Nutrition, Aquaculture, and Others. The study also includes market analysis of Insect Feed segments across five regions – North America, Europe, Asia-Pacific, Central America and Latin America (CALA), and Middle-East and Africa (MEA).Global Insect Feed Market to Exceed $1 Billion in 2022
This Insect Feed market report also includes insights into key market requirements gathered from farmers, agronomists, cultivators, harvesters, feed manufacturers, suppliers, agencies, and other entities. The report also provides their preferences, priorities, and perception of adoption of Insect Feed across regions. The analysis in this report will help market participants, vendors, suppliers, distributors, and resellers to develop strategies, marketing goals and business decisions based on the actionable market intelligence from this report. This report has been built on a rigorous period of information gathering from both secondary and primary sources through several interviews with industry participants, manufacturers, suppliers, vendors, business owners, consultants, organizations, and regulators.
Data gathered from these interviews and surveys was curated, analyzed, and engineered to understand buying, spending, demand, and supply patterns and to estimate market sizes and forecasts. The resultant data was checked for applicability across value chains through market-data associations and then further validated through multiple check points to check consistencies, error samples, variances. The syndicated study report on the insect feed market is part of an ongoing series of market reports that focus on micro emerging trends in alternative protein and feed markets across multiple regions and countries.
Questions answered in the report
- What is the current size of the market?
- What is the market opportunity for technologies?
- What are the companies in this space and what do they offer?
- What are the perceptions of technologies among users?
- How ready is the market for new technologies and solutions?
Table of Contents
Executive Summary
Global population is set to reach 10 billion over the next 30 years. Food scarcity is a critical part of the future unless production of staples is increased. This has direct implications on the livestock ecosystem. More than 3 billion in the world rely on fish for 20% of their animal protein intake.
One the last 50 years, fish consumption has increased by 100%. So, sustainable fishing is a key aspect for the future. Combined with it is also the fact of how these fish are fed. With the increase in population, there will be other challenges such as land use. Presently, one-third of all crop land is used to feed livestock.
Increased use of this land and adding more cropland is infeasible in the future scheme of agriculture planning. The rise in the importance towards alternative feeds that are also nutrient rich is an important trend that mimics into a driver for this market.
The major nutritional value that edible insects carry is its ability to delivery higher levels of protein per weight in a sustainable way. When compared to traditional feeds, insect harvesting and insect derived feeds for commercial purposes promises sizeable environmental and resource utilization advantages.
The current forecast period is a favorable cycle for insect farmers and feed suppliers. The upward trend in consumption, output per livestock and increased focus on sustainability and security are strong indicators for positive and exponential growth in revenues. With feed costs going through a downward trend., the adoption of insects as part of the feed ecosystem will make the forecast cycle a profitable growth period for both suppliers and farms.
Regulations are another factor in the mass market adoption of insect feeds. Administrations across the world are evaluating guidelines and rulebooks for the use of commercially available insect feeds as a viable alternative to conventional feeds. In fact. With an improving regulatory environment for both insect feeds and edible insects, marketplace acceptance is around the corner. Insect based feed alternatives are at a key phase in market adoption. The results from the early adopters are positive and set to create the platform for mainstream market adoption.
The disruption of the traditional feed industry through insects comes with multiple benefits and a few challenges. Insect based protein alternatives could be conventional in the future and the forecast period marks the initial push towards this.
The market opportunity for Insect Feed across the globe is considerable and offers a stable and steady opportunity for feed suppliers, distributors and farms. The author forecasts this market to reach $1.07 billion in revenues in 2022, growing at a CAGR of 102.5% from the current year.
Companies Mentioned
- AgriProtein
- Bioflytech
- Bitwater Farms
- Coppens
- Diptera Nutrition
- Enterra Feed
- Entofood
- Entomeal
- Entomo Farms
- Entomotech
- EnviroFlight
- Hexafly
- HiProMine S.A.
- Innova Feed
- Kulisha
- LLC.
- MealFood Europe
- NextProtein
- Nusect
- Proti-Farm
- Protix
- Tiny Farms
- Ynsect
