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Insect Feed Market

Insect Feed Market by Animal Type (Aquaculture, Poultry, Swine, and Other Animal Types), Product Type (Meal Worms, Fly Larvae, Silkworms, Cicadas, and Other), Application (Aquaculture, Pig Nutrition, Poultry Nutrition, Dairy nutrition, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Feb 2022 | 72 Views
Author(s) : Roshan Deshmukh
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Pandemic disrupted the entire world and affected many industries.

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Insect feeds are high-protein meals that are made from a variety of raw materials and additives. These blends are created to meet the unique needs of the target animal, and are designed to be used as aqua feed. Feed compounders make them in the form of meal, pellets, or crumbles. Only insect feed has been evaluated for the purposes of this report.Many animals, like fish, wild birds, and free-range poultry, eat insects in their natural environment, so it is safe to infer that they've evolved to eat them as part of their usual diet. As a result, it appears feasible to investigate insect proteins as a commercial feed source. In addition, as insects contain bioactive components like as lauric acid, antimicrobial peptides, and chitin, which have immune-boosting qualities, the rising usage of insects as innovative feed additives to improve gut health has piqued consumer interest.To expand their footprint in the worldwide industry, major market players are investing in research and development of revolutionary insect feed products.

Market Scope and Structure Analysis

Report Metric


Market Size Available for Years


  Base Year Considered


  Forecast Period


  Forecast Unit

  Value (USD)

  Segments Covered

  Animal Type, Product Type, Application, and Region

  Companies Covered

Nextprotein, Buhler AG, Hexafly, Entofood, Diptera Nutrition, Enviroflight, Coppens,  Agriprotein, AlltechCoppens, Enterra Feed Corporation, Ynsect, Agroprotein, and Enviroflight


COVID-19 Impact Analysis

  • The epidemic has had no direct influence on the insect feed market. The COVID-19 pandemic, on the other hand, poses major concerns to the food industry, particularly meat producers around the world.
  • The meat processing business has experienced significant obstacles, including the risk of maintaining production, distribution, transportation, and other supply chain activities, as well as a lack of manpower and development delays.
  • These factors are expected to have an influence on the meat sector, generating demand for alternative protein alternatives such as insect feed products.

Top Impacting Factors

  • The total growth of the insect rearing industry in North America has been closely linked to the region's insect feed industry. The market in the region is growing due to an increase in insect production in the Hawaiian state of the U.S., as well as an increase in the use of insects for the production of insect feed.
  • Insect feed is becoming more and more popular in poultry and pig nutrition. Because of the world's growing population, both of these sectors are in high demand. Furthermore, today's consumers are increasingly aware of the nutritional value of the foods they consume.
  • The increasing demand for healthier meat products, as well as the oversupply of the same, has boosted bug feed sales all over the world. Insect feed provides nourishment to livestock, fostering healthy growth. The insect feed business will experience strong development potential in the future, as farmers seek alternate protein sources.

Market Trends

Animal Feed Demand has Grown

Increasing global consumption of meat and meat products has resulted in increased livestock output, which necessitates the use of high-quality feed products in order to achieve higher yields. Insects have a higher protein content and lower fat content than typical meats like poultry and animals. As a result, they can be made for human consumption or as a source of protein in feedstock combinations.

As the demand for meat rises, the demand for grain and protein feeds is projected to rise as well. For example, to get 1 kg of animal protein, cattle are fed around 6 kg of plant protein. Insect feed demand is increasing as the poultry industry's demand for high-quality protein rises. Edible insects may have a demand similar to soymeal and fishmeal, which are major constituents in animal feed and aqua feed formulas. Insect protein is employed in zoos and the pet industry. The demand for bug feed is at an all-time high.

Insect Feed Consumption in Asia-Pacific has Grown

In 2018, the market for insect feed in China was worth USD 112.2 million, and it is expected to grow to USD 228.3 million by 2024, with a CAGR of 11.9 percent over the forecast period. China accounts for about 9% of global beef imports, which totaled USD 113 billion last year (Agriculture and Agri-Food Canada, 2018). It is also one of the largest meat buyers, with 65.6 million metric tons of pig, chicken, and beef consumed in 2016. Livestock is being fed protein-rich insects to suit the country's growing demand for nutritious meat. As a result, the insect feed industry for livestock, such as poultry and pigs, has developed in China, driving the overall insect feed market in the country.

Insect farming is a unique breeding sector in rural China that provides locals with a source of income. To encourage the use of insects as feed, the social and scientific groups are collaborating. China became an upper-middle-income country in 2018 when the rural population fell to 40.8 percent from 42.0 percent in 2017, resulting in an increase in income levels (World Bank). As the rural population declines, the existing rural population's income shares increase, driving the insect feed market in the country, which is a major source of income in the countryside.

Key Benefits of the Report

  • This study presents the analytical depiction of the Insect Feed industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Insect Feed Market share.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the Insect Feed Market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Insect Feed Market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the Report

  • Which are the leading players active in the Insect Feed Market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
  • What is Insect Feed Marketprediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the Insect Feed Market?

Key Market Segments

Segments Sub-segments
Animal Type
  • Aquaculture
  • Poultry
  • Swine
  • Other Animal Types
Product Type
  • Meal Worms
  • Fly Larvae
  • Silkworms
  • Cicadas
  • Other
  • Aquaculture
  • Pig Nutrition
  • Poultry Nutrition
  • Dairy nutrition
  • Other
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    • Latin America
    • Middle East
    • Africa
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