Insect Feed Market Research and Forecast Report 2023-2028

1. Global Insect Feed Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Insect Feed Market Research Report: The latest report by IMARC, titled “Insect Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” the global insect feed market size reached US$ 877.1 Million in 2022. Insect feed is an animal feed made from insects, such as black soldier flies, mealworms, and crickets, primarily for livestock and aquaculture. It is produced through various methods, including feeding insects with organic waste and by-products from agriculture, food processing, and breweries. The insects are then harvested, dried, and processed into protein-rich meals, pellets, or crumbles that can be used as a supplement or a complete feed for animals. These insects are a rich source of protein, fat, and essential amino acids and can help improve animal health and welfare, reduce feed costs, and increase the profitability of livestock and aquaculture operations. Insect feed is a sustainable alternative to traditional animal feed sources, such as soybeans and fishmeal, which are often associated with deforestation, overfishing, and high greenhouse gas (GHG) emissions. Request Free Sample Report: https://www.imarcgroup.com/insect-feed-market/requestsample

4. Report Description and Highlights Report Description Global Insect Feed Market Trends: The growing consumption of meat products among individuals is primarily driving the market growth. Insect feed does not transmit zoonotic diseases and includes bioactive components, such as lauric acid, antimicrobial peptides, and chitin, that can improve gut health, which, in turn, is facilitating its widespread adoption. Moreover, the expanding demand for sustainable feed solutions due to escalating consumer concerns about the environment and animal welfare is presenting remunerative growth opportunities for the market. Additionally, the introduction of numerous regulations by governing authorities to improve the quality and safety of animal feeds and the high feed conversion ratio of insects in caparison to livestock and poultry are strengthening the market growth. Furthermore, extensive investments in research and development (R&D) efforts by leading market players to expand their market reach and explore innovative feed sources, such as insect feed, are contributing to the market growth. Concurrently, the rising population, shifting dietary patterns of individuals, and the widespread adoption of insect feed as a sustainable and nutritious alternative to fishmeal or traditional pet food are aiding in market expansion. Looking forward, the market value is projected to reach US$ 1,649.4 Million by 2028, expanding at a CAGR of 11.3% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Product Type: • Meal Worms • Fly Larvae • Silkworms • Cicadas • Others Breakup by Application: • Aquaculture • Pig Nutrition • Poultry Nutrition • Dairy Nutrition • Others Breakup by Region: • North America • United States • Canada

6. Report Description and Highlights Report Description • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

7. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • Alltech Coppens Bühler Holding AG Enterra Corporation Entofood Sdn Bhd. EnviroFlight LLC (Darling Ingredients Inc.) Hexafly InnovaFeed Multibox nextProtein Protix Ÿnsect View Full Report with TOC & List of Figure: https://www.imarcgroup.com/insect-feed-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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