Edible Insects for Animal Feed Market - A Global and Regional Analysis: Focus on Region, Country-Level Analysis, and Competitive Landscape

The "Edible Insects for Animal Feed Market" has experienced impressive growth in recent years, expanding its market presence and product offerings. Its focus on research and development contributes to its success in the market.

Edible Insects for Animal Feed Market Overview and Report Coverage

Edible insects for animal feed are insects that are raised and processed to be used as a high-protein feed ingredient for livestock, poultry, and aquaculture. They are considered a sustainable and eco-friendly alternative to traditional protein sources like soy and fishmeal.

The future outlook for the Edible Insects for Animal Feed market is promising, with a projected growth rate of % during the forecasted period from 2024 to 2031. The increasing demand for high-quality animal feed, coupled with the focus on sustainable and environmentally friendly agriculture practices, is driving the growth of this market.

The current market trends indicate a growing interest in insect-based protein as a viable alternative to conventional animal feed ingredients. As more consumers become aware of the environmental and nutritional benefits of using insects in animal feed, the market is expected to expand further.

Overall, the Edible Insects for Animal Feed market is poised for significant growth in the coming years, with a forecasted CAGR of 7.5% as the industry continues to innovate and adapt to meet the demands of a changing marketplace.

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Market Segmentation

The Edible Insects for Animal Feed Market Analysis by Types is segmented into:

• Raw
• Dried
• Steam
• Fried
• Frozen

The edible insects for animal feed market offers various types of insect products for consumption by animals including raw, dried, steam-cooked, fried, and frozen options. Raw insects are unprocessed and retain their natural state, while dried insects are dehydrated for preservation. Steam-cooked insects are cooked using steam to retain moisture and nutrients. Fried insects are cooked in oil for added flavor and crunch. Frozen insects are preserved by freezing to maintain freshness. These different types cater to the diverse preferences and needs of animals consuming insect-based feed.

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The Edible Insects for Animal Feed Market Industry Research by Application is segmented into:

• Direct
• Indirect

Edible insects are increasingly being used as animal feed in both direct and indirect market applications. In the direct market, insects are fed directly to animals such as poultry, fish, and pets. In the indirect market, insects are processed into insect meal or oil, which is then used as a protein source in animal feed. This growing trend is driven by the sustainability and efficiency of using insects as a feed source.

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In terms of Region, the Edible Insects for Animal Feed Market available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The edible insects for animal feed market is experiencing rapid growth worldwide, driven by increasing demand for sustainable protein sources. In North America, Europe and Asia-Pacific, key players such as Enviroflight, Agri Protein, Ynsect, Protix, and Enterra Feed are leading the market with innovative insect-based feed products. Market opportunities in these regions include increased awareness of the environmental benefits of insect farming and the shift towards sustainable agriculture practices. In Latin America, companies like Entomo Farms and Deli Bugs are capitalizing on the growing demand for insect-based feed. In the Middle East & Africa, countries like Turkey, Saudi Arabia, and the UAE are also showing interest in incorporating insect protein into animal feed. Overall, the market is expected to continue expanding due to the growing emphasis on sustainable food production and the benefits of insect-based feed for livestock.

Edible Insects for Animal Feed Market Emerging Trends

Some emerging and current trends in the global edible insects for animal feed market include a growing demand for sustainable protein sources, increased awareness of the environmental benefits of insect-based feed, and the development of new regulations and standards for insect farming. Additionally, there is a rise in research and development initiatives to improve the efficiency and nutritional content of insect-based feeds, as well as a growing interest in using insects as a feed source for aquaculture and pet food industries. Furthermore, collaborations and partnerships between insect producers and feed manufacturers are on the rise to tap into this expanding market.

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Major Market Players

• Enviroflight
• Agri Protein
• Ynsect
• Protix
• Enterra Feed
• Bioflytech
• Proti-Farm
• Entomotech
• Co-Prot
• Nordic Insect Economy
• Entomo Farms
• Kreca
• Deli Bugs

Edible insects for animal feed market is a growing industry with several key players competing for market share.

Enviroflight is one of the leading companies in this market, offering sustainable insect-based products for animal feed. They have seen significant market growth in recent years due to the increasing demand for alternative protein sources in the animal feed industry.

Agri Protein is another key player in the market, focusing on the production of insect-based products for animal feed. They have experienced steady market growth and have expanded their operations to meet the growing demand for sustainable protein sources.

Ynsect is a French company that specializes in the production of insect-based animal feed products. They have seen rapid market growth in recent years and have attracted significant investment to further expand their operations.

According to a report by Grand View Research, the global edible insects for animal feed market size was valued at $ million in 2020 and is expected to reach $145.7 million by 2027, with a CAGR of 23.8% during the forecast period.

In terms of sales revenue, companies like Protix and Enterra Feed have reported impressive figures in recent years. Protix reported sales revenue of €45 million in 2020, while Enterra Feed reported sales revenue of $10 million in the same year.

Overall, the edible insects for animal feed market is a rapidly growing industry with significant potential for growth. Companies like Enviroflight, Agri Protein, and Ynsect are leading the way in offering sustainable insect-based products for the animal feed industry.

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