The global insect feed market size reached US$ 877.1 Million in 2022. Looking forward, the publisher expects the market to reach US$ 1,649.4 Million by 2028, exhibiting a CAGR of 11.1% during 2022-2028.
Insect feed are insect species utilized for meeting the specific requirements of different animals. They are prepared in the form of meal, pellets, or crumbles, and help reduce dependency on traditional feed streams while bringing valuable ingredients back into the food chain from organic waste materials. In addition, they lower the environmental impact of livestock production as their mass production delivers better protein quantities. As a result, they find extensive applications in aquaculture, pig nutrition, poultry nutrition, and dairy nutrition across the globe.
Insect feed are insect species utilized for meeting the specific requirements of different animals. They are prepared in the form of meal, pellets, or crumbles, and help reduce dependency on traditional feed streams while bringing valuable ingredients back into the food chain from organic waste materials. In addition, they lower the environmental impact of livestock production as their mass production delivers better protein quantities. As a result, they find extensive applications in aquaculture, pig nutrition, poultry nutrition, and dairy nutrition across the globe.
Insect Feed Market Trends:
At present, there is a rise in the consumption of meat products among individuals, which has increased the utilization of high-quality feed products for achieving higher yields. This, along with the growing consumption of several insect species for human consumption due to high protein and low-fat contents, represents one of the key factors driving the market. Moreover, there is an increase in the use of insect feed as they do not transmit zoonotic diseases. This, coupled with the high feed conversion ratio of insects as compared to livestock and poultry, is propelling the growth of the market. In addition, insect feed can be produced on organic waste and emit fewer greenhouse gases and ammonia than conventional livestock, which is positively influencing the market. In line with this, the rising utilization of insects as novel feed additives to improve gut health due to bioactive components, such as lauric acid, antimicrobial peptides, and chitin, is bolstering the market growth. Besides this, key market players are extensively investing in research and development (R&D) activities to increase their overall reach in the market. Other growth-inducing factors are the growing global population and changing dietary patterns of individuals around the world.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global insect feed market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type and application.Breakup by Product Type:
- Meal Worms
- Fly Larvae
- Silkworms
- Cicadas
- Others
Breakup by Application:
- Aquaculture
- Pig Nutrition
- Poultry Nutrition
- Dairy Nutrition
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alltech Coppens, Bühler Holding AG, Enterra Corporation, Entofood Sdn Bhd., EnviroFlight LLC (Darling Ingredients Inc.), Hexafly, InnovaFeed, Multibox, nextProtein, Protix and Ÿnsect.Key Questions Answered in This Report:
- How has the global insect feed market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global insect feed market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global insect feed market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Insect Feed Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Meal Worms
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Fly Larvae
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Silkworms
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Cicadas
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1 Aquaculture
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Pig Nutrition
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Poultry Nutrition
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Dairy Nutrition
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Alltech Coppens
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Bühler Holding AG
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Enterra Corporation
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Entofood Sdn Bhd.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 EnviroFlight LLC (Darling Ingredients Inc.)
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Hexafly
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 InnovaFeed
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Multibox
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 nextProtein
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Protix
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Ÿnsect
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
List of Figures
Figure 1: Global: Insect Feed Market: Major Drivers and Challenges
Figure 2: Global: Insect Feed Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Insect Feed Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Insect Feed Market: Breakup by Application (in %), 2022
Figure 6: Global: Insect Feed Market: Breakup by Region (in %), 2022
Figure 7: Global: Insect Feed (Meal Worms) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Insect Feed (Meal Worms) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Insect Feed (Fly Larvae) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Insect Feed (Fly Larvae) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Insect Feed (Silkworms) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Insect Feed (Silkworms) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Insect Feed (Cicadas) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Insect Feed (Cicadas) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Insect Feed (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Insect Feed (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Insect Feed (Aquaculture) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Insect Feed (Aquaculture) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Insect Feed (Pig Nutrition) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Insect Feed (Pig Nutrition) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Insect Feed (Poultry Nutrition) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Insect Feed (Poultry Nutrition) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Insect Feed (Dairy Nutrition) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Insect Feed (Dairy Nutrition) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Insect Feed (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Insect Feed (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: North America: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: North America: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: United States: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: United States: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Canada: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Canada: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Asia-Pacific: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Asia-Pacific: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: China: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: China: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Japan: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Japan: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: India: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: India: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: South Korea: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: South Korea: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Australia: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Australia: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Indonesia: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Indonesia: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Others: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Others: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Europe: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Europe: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Germany: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Germany: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: France: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: France: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: United Kingdom: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: United Kingdom: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Italy: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Italy: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Spain: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Spain: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Russia: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Russia: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Others: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Others: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Latin America: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Latin America: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Brazil: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Brazil: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Mexico: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Mexico: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Middle East and Africa: Insect Feed Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Middle East and Africa: Insect Feed Market: Breakup by Country (in %), 2022
Figure 75: Middle East and Africa: Insect Feed Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Global: Insect Feed Industry: SWOT Analysis
Figure 77: Global: Insect Feed Industry: Value Chain Analysis
Figure 78: Global: Insect Feed Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Insect Feed Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Insect Feed Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Insect Feed Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Insect Feed Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Insect Feed Market: Competitive Structure
Table 6: Global: Insect Feed Market: Key Players
Companies Mentioned
- Alltech Coppens
- Bühler Holding AG
- Enterra Corporation
- Entofood Sdn Bhd.
- EnviroFlight LLC (Darling Ingredients Inc.)
- Hexafly
- InnovaFeed
- Multibox
- nextProtein
- Protix
- Ÿnsect.
Methodology
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