Market Overview:
The global insect feed market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for protein-rich food sources, especially in developing countries. Insects are a rich source of proteins, lipids, minerals, and vitamins and are considered as an excellent replacement for traditional livestock feed. They also have a low environmental impact as they consume less water and land than traditional livestock farming practices. The meal worms segment is expected to account for the largest share of the global insect feed market in 2018. This can be attributed to their high nutritional value and easy availability.
Product Definition:
Insect Feed is a type of feed that is used to nourish insects. It is made up of a variety of ingredients, including grains, proteins, and vitamins. Insect Feed is important because it helps to ensure that insects are healthy and able to produce eggs or larvae.
Meal Worms:
Meal worms are the larvae of the Dark-Eyed Fly, which is also known as Drosophila melanogaster. They are used as an insect feed in various industries such as food & beverage and animal feed industry. The global market for mealworms is expected to witness significant growth over the forecast period owing to their increasing use in manufacturing process of protein for pet food and livestock feed.
Fly Larvae:
Fly larvae is the larvae of certain fly species and is used as an insect feed. The raw material for manufacturing of fly larva feed consists of protein sources such as soybean meal, canola meal, maize grain and fish oil. Fly larva are considered to be a high-quality protein source on account of their rich content including amino acids which makes them suitable for human consumption along with other benefits such as it helps in reducing blood pressure levels and bad cholesterol level in humans.
Application Insights:
Aquaculture was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of aquaculture has been phenomenal since past few decades owing to rise in demand for fish, crustaceans, mollusks & aquatic insects as feedstock. Aquafeed comprises various types of fish including flakes, chunk foods, and pellet forms that are consumed by aqua species such as catfish, carp and trout.
The pet food segment is also anticipated to witness significant growth during the forecast period on account of increasing number of pet owners across the globe who prefer their pets eating human-grade food with superior nutritional value. Insects such as mealworms provide excellent protein source for dogs along with essential fatty acids required for good health which makes them a preferred choice among many pet owners around the world.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing aquaculture production in U.S., which requires high volume of feed for rearing fish and crustaceans.
Insect growth regulators are widely used across majorly North American countries for increasing crop yield especially corn crops; however this practice has been banned or restricted by several governments around the world including EU since it depletes soil nutrients contrary with its stated objective (to increase crop yields).
Growth Factors:
- Increasing demand for meat and seafood products is expected to drive the growth of the insect feed market over the forecast period.
- Rising awareness about the nutritional benefits of insects is projected to fuel demand for insect feed in near future.
- Growing popularity of sustainable food practices is anticipated to boost adoption of insect feed in livestock industry over the forecast period.
- Stringent regulations against use of antibiotics and hormones in animal husbandry are likely to propel growth of the insect feed market during next few years. 5) Technological advancements in production processes are expected to provide impetus to growth of this market over coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Insect Feed Market Research Report
By Type
Meal Worms, Fly Larvae, Others
By Application
Aquaculture, Pet Food, Animal Feed
By Companies
AgriProtein, Ynsect, Enterra Feed, Entofood, InnovaFeed, Enviroflight, Hexafly, HiProMine, MealFood Europe, Protix, Lang Shi Insect Industry
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Insect Feed Market Report Segments:
The global Insect Feed market is segmented on the basis of:
Types
Meal Worms, Fly Larvae, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aquaculture, Pet Food, Animal Feed
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AgriProtein
- Ynsect
- Enterra Feed
- Entofood
- InnovaFeed
- Enviroflight
- Hexafly
- HiProMine
- MealFood Europe
- Protix
- Lang Shi Insect Industry
Highlights of The Insect Feed Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Meal Worms
- Fly Larvae
- Others
- By Application:
- Aquaculture
- Pet Food
- Animal Feed
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Insect Feed Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Insect feed is a type of food that is specifically designed to attract and nourish insects. It can be made from a variety of ingredients, including grains, seeds, and dried fruit. Insect feed can also include additives such as vitamins or minerals.
Some of the major players in the insect feed market are AgriProtein, Ynsect, Enterra Feed, Entofood, InnovaFeed, Enviroflight, Hexafly, HiProMine, MealFood Europe, Protix, Lang Shi Insect Industry.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Insect Feed Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Insect Feed Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Insect Feed Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Insect Feed Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Insect Feed Market Size & Forecast, 2020-2028
4.5.1 Insect Feed Market Size and Y-o-Y Growth
4.5.2 Insect Feed Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Meal Worms
5.2.2 Fly Larvae
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aquaculture
6.2.2 Pet Food
6.2.3 Animal Feed
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Insect Feed Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Insect Feed Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Meal Worms
9.6.2 Fly Larvae
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aquaculture
9.10.2 Pet Food
9.10.3 Animal Feed
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Meal Worms
10.6.2 Fly Larvae
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aquaculture
10.10.2 Pet Food
10.10.3 Animal Feed
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Meal Worms
11.6.2 Fly Larvae
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aquaculture
11.10.2 Pet Food
11.10.3 Animal Feed
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Meal Worms
12.6.2 Fly Larvae
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aquaculture
12.10.2 Pet Food
12.10.3 Animal Feed
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Meal Worms
13.6.2 Fly Larvae
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aquaculture
13.10.2 Pet Food
13.10.3 Animal Feed
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Insect Feed Market: Competitive Dashboard
14.2 Global Insect Feed Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AgriProtein
14.3.2 Ynsect
14.3.3 Enterra Feed
14.3.4 Entofood
14.3.5 InnovaFeed
14.3.6 Enviroflight
14.3.7 Hexafly
14.3.8 HiProMine
14.3.9 MealFood Europe
14.3.10 Protix
14.3.11 Lang Shi Insect Industry
