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Insect Feed Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2032 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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    Report

  • 173 Pages
  • January 2025
  • Region: Global
  • Fairfield Market Research
  • ID: 6040787
The global insect feed market is poised for remarkable growth, with its revolutionary approach to sustainable animal nutrition. This innovative market focuses on utilizing insects as an eco-friendly and nutrient-rich source of animal feed, addressing key challenges in conventional feed production. With a forecasted CAGR of 17%, the market is set to achieve a valuation of USD 2.83 billion by 2025 and USD 8.48 billion by 2032.

Market Insights

The insect feed market capitalizes on the efficient natural ability of insects to convert organic matter into high-quality protein. This process offers an alternative to traditional feed sources, aiming to reduce the environmental impact of livestock farming. Insects provide a sustainable solution by addressing inefficiencies in the current animal agriculture industry while aligning with global goals for ethical sourcing and environmentally conscious practices.

Market Drivers

1. Rising Demand for Sustainable Protein Sources
  • Expanding global population and growing awareness of environmental concerns have intensified the need for eco-friendly protein sources.
  • Insects, known for their high feed conversion efficiency, present a viable alternative to meet this demand.
2. Focus on Circular Economy
  • Insects’ role in converting organic waste into valuable protein supports circular agricultural practices, offering dual benefits of waste management and sustainable feed production.
3. Environmental Concerns
  • Increasing scrutiny over the ecological impact of traditional livestock farming has shifted consumer and industry preferences toward insect-based feed solutions.

Business Opportunities

1. Innovative Product Development
  • Market players have the opportunity to create specialized insect feed formulations catering to diverse animal species, ensuring tailored nutritional solutions.
2. Value-Added Products
  • Expanding into pre-mixed feeds, fortified supplements, and other value-added offerings can enhance revenue streams and market presence.
3. Strategic Partnerships
  • Collaborations with farmers, distributors, and feed manufacturers enable streamlined supply chain operations and foster innovation through shared expertise.
4. Technological Advancements
  • Investments in farming technologies for climate-resilient insect farming and optimized production processes offer long-term growth potential.

Regional Analysis

1. Europe
  • Leading the market due to robust regulatory support and consumer acceptance of insect-based feed. European Union policies encourage sustainable practices and innovation in insect farming.
2. South Asia and Pacific
  • Emerging as the fastest-growing region driven by government initiatives, expanding livestock sectors, and rising protein demands. Strategic policies bolster adoption and accelerate agricultural transformation.
3. North America
  • Witnessing significant traction with growing awareness of sustainable farming and advancements in insect farming technologies.
4. Latin America and the Middle East & Africa
  • Regions showcasing potential for growth through increasing investments in sustainable agricultural practices.

Competitive Analysis

The Insect Feed Market is highly competitive, with key players focusing on innovation, product differentiation, and strategic partnerships to strengthen their market positions.

Prominent players in the insect feed market include:

  • Nextprotein
  • Buhler AG
  • Hexafly
  • Entofood
  • Diptera Nutrition
  • Enviroflight
  • Coppens
  • Agriprotein

Market Segmentation

1. By Insect Type
  • Fly Larvae (Dominant Category)
  • Silkworms (Fastest Growing)
  • Cicadas
  • Other Insects
2. By Application
  • Aquaculture (Dominant Category)
  • Poultry Nutrition (Fastest Growing)
  • Pig Nutrition
  • Dairy Nutrition
  • Other Applications
3. By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Table of Contents

1. Executive Summary
1.1. Global Insect Feed Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2024
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Price Analysis, 2024
3.1. Global Average Price Analysis, by Insect Type, US$ Per Unit, 2019 - 2023
3.2. Prominent Factor Affecting Insect Feed Prices
3.3. Global Average Price Analysis, by Region, US$ Per Unit
4. Global Insect Feed Market Outlook, 2019 - 2032
4.1. Global Insect Feed Market Outlook, by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
4.1.1. Key Highlights
4.1.1.1. Fly Larvae
4.1.1.2. Silkworms
4.1.1.3. Cicadas
4.1.1.4. Other Insects
4.2. Global Insect Feed Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
4.2.1. Key Highlights
4.2.1.1. Aquaculture
4.2.1.2. Pig Nutrition
4.2.1.3. Poultry Nutrition
4.2.1.4. Diary Nutrition
4.2.1.5. Other
4.3. Global Insect Feed Market Outlook, by Region, Value (US$ Bn) and Volume (Units), 2019 - 2032
4.3.1. Key Highlights
4.3.1.1. North America
4.3.1.2. Europe
4.3.1.3. Asia Pacific
4.3.1.4. Latin America
4.3.1.5. Middle East & Africa
5. North America Insect Feed Market Outlook, 2019 - 2032
5.1. North America Insect Feed Market Outlook, by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
5.1.1. Key Highlights
5.1.1.1. Fly Larvae
5.1.1.2. Silkworms
5.1.1.3. Cicadas
5.1.1.4. Other Insects
5.2. North America Insect Feed Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
5.2.1. Key Highlights
5.2.1.1. Aquaculture
5.2.1.2. Pig Nutrition
5.2.1.3. Poultry Nutrition
5.2.1.4. Diary Nutrition
5.2.1.5. Other
5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. North America Insect Feed Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2032
5.3.1. Key Highlights
5.3.1.1. U.S. Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
5.3.1.2. U.S. Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
5.3.1.3. Canada Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
5.3.1.4. Canada Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
5.3.2. BPS Analysis/Market Attractiveness Analysis
6. Europe Insect Feed Market Outlook, 2019 - 2032
6.1. Europe Insect Feed Market Outlook, by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.1.1. Key Highlights
6.1.1.1. Fly Larvae
6.1.1.2. Silkworms
6.1.1.3. Cicadas
6.1.1.4. Other Insects
6.2. Europe Insect Feed Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.2.1. Key Highlights
6.2.1.1. Aquaculture
6.2.1.2. Pig Nutrition
6.2.1.3. Poultry Nutrition
6.2.1.4. Diary Nutrition
6.2.1.5. Other
6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Europe Insect Feed Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1. Key Highlights
6.3.1.1. Germany Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.2. Germany Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.3. U.K. Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.4. U.K. Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.5. France Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.6. France Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.7. Italy Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.8. Italy Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.9. Turkey Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.10. Turkey Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.11. Russia Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.12. Russia Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.13. Rest of Europe Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.1.14. Rest of Europe Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Asia Pacific Insect Feed Market Outlook, 2019 - 2032
7.1. Asia Pacific Insect Feed Market Outlook, by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.1.1. Key Highlights
7.1.1.1. Fly Larvae
7.1.1.2. Silkworms
7.1.1.3. Cicadas
7.1.1.4. Other Insects
7.2. Asia Pacific Insect Feed Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.2.1. Key Highlights
7.2.1.1. Aquaculture
7.2.1.2. Pig Nutrition
7.2.1.3. Poultry Nutrition
7.2.1.4. Diary Nutrition
7.2.1.5. Other
7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Asia Pacific Insect Feed Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.1. Key Highlights
7.3.1.1. China Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.1.2. China Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.1.3. Japan Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.1.4. Japan Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.1.5. South Korea Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.1.6. South Korea Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.1.7. India Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.1.8. India Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.1.9. Southeast Asia Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.1.10. Southeast Asia Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.1.11. Rest of Asia Pacific Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.1.12. Rest of Asia Pacific Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Latin America Insect Feed Market Outlook, 2019 - 2032
8.1. Latin America Insect Feed Market Outlook, by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
8.1.1. Key Highlights
8.1.1.1. Fly Larvae
8.1.1.2. Silkworms
8.1.1.3. Cicadas
8.1.1.4. Other Insects
8.2. Latin America Insect Feed Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
8.2.1. Key Highlights
8.2.1.1. Aquaculture
8.2.1.2. Pig Nutrition
8.2.1.3. Poultry Nutrition
8.2.1.4. Diary Nutrition
8.2.1.5. Other
8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Latin America Insect Feed Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2032
8.3.1. Key Highlights
8.3.1.1. Brazil Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
8.3.1.2. Brazil Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
8.3.1.3. Mexico Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
8.3.1.4. Mexico Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
8.3.1.5. Argentina Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
8.3.1.6. Argentina Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
8.3.1.7. Rest of Latin America Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
8.3.1.8. Rest of Latin America Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Middle East & Africa Insect Feed Market Outlook, 2019 - 2032
9.1. Middle East & Africa Insect Feed Market Outlook, by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.1.1. Key Highlights
9.1.1.1. Fly Larvae
9.1.1.2. Silkworms
9.1.1.3. Cicadas
9.1.1.4. Other Insects
9.2. Middle East & Africa Insect Feed Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.2.1. Key Highlights
9.2.1.1. Aquaculture
9.2.1.2. Pig Nutrition
9.2.1.3. Poultry Nutrition
9.2.1.4. Diary Nutrition
9.2.1.5. Other
9.2.2. BPS Analysis/Market Attractiveness Analysis
9.3. Middle East & Africa Insect Feed Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.3.1. Key Highlights
9.3.1.1. GCC Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.3.1.2. GCC Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.3.1.3. South Africa Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.3.1.4. South Africa Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.3.1.5. Egypt Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.3.1.6. Egypt Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.3.1.7. Nigeria Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.3.1.8. Nigeria Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.3.1.9. Rest of Middle East & Africa Insect Feed Market by Insect Type, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.3.1.10. Rest of Middle East & Africa Insect Feed Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2032
9.3.2. BPS Analysis/Market Attractiveness Analysis
10. Competitive Landscape
10.1. Company Market Share Analysis, 2024
10.2. Competitive Dashboard
10.3. Company Profiles
10.3.1. Nextprotein
10.3.1.1. Company Overview
10.3.1.2. Product Portfolio
10.3.1.3. Financial Overview
10.3.1.4. Business Strategies and Development
10.3.2. Buhler AG
10.3.2.1. Company Overview
10.3.2.2. Product Portfolio
10.3.2.3. Financial Overview
10.3.2.4. Business Strategies and Development
10.3.3. Hexafly
10.3.3.1. Company Overview
10.3.3.2. Product Portfolio
10.3.3.3. Financial Overview
10.3.3.4. Business Strategies and Development
10.3.4. Entofood
10.3.4.1. Company Overview
10.3.4.2. Product Portfolio
10.3.4.3. Financial Overview
10.3.4.4. Business Strategies and Development
10.3.5. Diptera Nutrition
10.3.5.1. Company Overview
10.3.5.2. Product Portfolio
10.3.5.3. Financial Overview
10.3.5.4. Business Strategies and Development
10.3.6. Enviroflight
10.3.6.1. Company Overview
10.3.6.2. Product Portfolio
10.3.6.3. Financial Overview
10.3.6.4. Business Strategies and Development
10.3.7. Coppens
10.3.7.1. Company Overview
10.3.7.2. Product Portfolio
10.3.7.3. Financial Overview
10.3.7.4. Business Strategies and Development
10.3.8. Agriprotein
10.3.8.1. Company Overview
10.3.8.2. Product Portfolio
10.3.8.3. Financial Overview
10.3.8.4. Business Strategies and Development
11. Appendix
11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations

Companies Mentioned

  • Nextprotein
  • Buhler AG
  • Hexafly
  • Entofood
  • Diptera Nutrition
  • Enviroflight
  • Coppens
  • Agriprotein

Methodology

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