This report studies the Insect Feed market, by type (Meal Worms, Fly Larvae, and Others), application (Pig Nutrition, Poultry Nutrition, Dairy Nutrition, Aquaculture and Others). Insects can be grown on organic waste. Therefore, insects are a potential source for conventional production (mini-livestock) of protein, either for direct human consumption, or indirectly in recomposed foods (with extracted protein from insects); and as a protein source into feedstock mixtures. This report only focuses on the insect products for animal feeding purposes. These insect feed products include fully dried larvae, ready blended meal, insect oil and a few other types of end products.
North America ranks the top in terms of market size of Insect Feed globally, it consists of 25.3% of the international market in 2016. Europe comes the second, with 23.7% of the global market. North America, Europe, Asia Pacific, South America, Middle East and Africa together consists of 95.8% of the global Insect Feed market in the same year.
AgriProtein ranks the first in terms of revenue share in global market of Insect Feed, occupies 44.71% of the global market share in 2016; While, Proti-Farm, with a market share of 19.61%, comes the second; All the other manufacturers which are not included in the report together consist of approximately 18.16% of the Global market in 2016.
According to this study, over the next five years the Insect Feed market will register a 7.0% CAGR in terms of revenue, the global market size will reach USD 870 million by 2024, from USD 580 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Insect Feed business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Insect Feed market by product type, application, key manufacturers and key regions and countries.
This study considers the Insect Feed value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Meal Worms
Fly Larvae
Others
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Aquaculture
Pig Nutrition
Poultry Nutrition
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
AgriProtein
Diptera Nutrition
Enterra Feed
Entofood
Entomo Farms
Entomotech
Intrexon Corp
Hexafly
HiProMine
Innova Feed
Kulisha
MealFood Europe
Proti-Farm
Protix
Ynsect
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Insect Feed consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Insect Feed market by identifying its various subsegments.
Focuses on the key global Insect Feed manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Insect Feed with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Insect Feed submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
