Edible Insect Animal Feed Market Projection: 36.2% CAGR Expected to Achieve USD 9.80 Billion by 2030

Edible Insect Animal Feed Market Overview:

Maximize Market Research, a Edible Insect Animal Feed business research firm has published a report on the “Edible Insect Animal Feed Market”. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).

Estimated Growth Rate for Edible Insect Animal Feed Market:

The edible insect animal feed market is projected to increase from its estimated value of USD 1.12 billion in 2023 to USD 9.80 billion by 2030, or a compound annual growth rate (CAGR) of 36.2%.

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Edible Insect Animal Feed Market Report Scope and Research Methodology:

The scope of the Edible Insect Animal Feed market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the Edible Insect Animal Feed market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the Edible Insect Animal Feed sector and capitalizing on growth prospects.

Edible Insect Animal Feed Market Regional Insights:

Improved dependability and increasing demand drive growth in the Edible Insect Animal Feed Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Edible Insect Animal Feed market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

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Edible Insect Animal Feed Market Segmentation:

by insect type

Crickets
Mealworms
Black soldier flies
Silkworms
Grasshoppers
Others (such as beetles, ants, and locusts)

A significant portion of the edible insect animal feed market is examined based on the kinds of insects that are used in the feed, such as mealworms, black soldier flies, crickets, and silkworms, among others. Every kind of bug has a different nutritional profile and can meet the dietary needs of particular animal species. The animal species for whom the edible insect feed is meant are the subject of another section. This covers fish and shrimp aquaculture, pigs, poultry, pets, and other animals. Formulations for customized insect-based feed are created to satisfy the unique dietary requirements of every kind of animal. Another component used to classify the market is the feed's format.

by Animal Type

Poultry
Swine
Aquaculture (fish, shrimp, and other aquatic species)
Pet food (dogs, cats, and other pets)
Others (such as cattle, horses, and birds)

by Product Type

Whole insects
Meal and flour
Oil and fat
Protein powder
Others (such as pellets, granules, and treats

by Application

Feed ingredients
Complete feed
Supplements
Additives
Others (such as treats and specialty products)

by Form

Dried
Fresh
Frozen
Processed (such as extruded, pelleted, or powdered)

by Distribution Channel

Direct sales (farmers, breeders, and insect farms)
Retail stores (pet stores, feed stores, and supermarkets)
Online platforms
Animal feed distributors
Others (such as specialty stores and wholesalers)

by End-Use

Industrial farms
Commercial farms
Household and backyard farming
Aquaculture facilities
Pet owners
Others (zoos, research institutions, and wildlife rehabilitation centres)

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Table of Content: Edible Insect Animal Feed Market

Part 01: Executive Summary

Part 02: Scope of the Edible Insect Animal Feed Market Report

Part 03: Global Edible Insect Animal Feed Market Landscape

Part 04: Global Edible Insect Animal Feed Market Sizing

Part 05: Global Edible Insect Animal Feed Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Edible Insect Animal Feed Market Key Players:

North America:

Entomo Farms (Canada)
Aspire Food Group (United States)
EnviroFlight (United States)
Beta Hatch (United States)
Next Millennium Farms (Canada)

Europe:

Protix (Netherlands)
Ynsect (France)
Ÿnsect (France)
AgriProtein (United Kingdom)
Micronutris (France)

Asia Pacific:

Haocheng Mealworms Inc. (China)
Entobel (Vietnam)
Tiny Farms (Singapore)
AgriProtein Asia Pacific (Singapore)
Innovafeed (Singapore)

South & Latin America:

Protinal Protenorte SA (Colombia)
Nuseed (Brazil)
Agroproteinos (Mexico)
Go Insecta (Brazil)
Bioibérica (Mexico)

Middle East and Africa:

AgriProtein (South Africa)
EntoFood (United Arab Emirates)
Beta Bugs (South Africa)
Premier Nutrition Corporation (Egypt)
Yemoja Ltd (Nigeria)

Key questions answered in the Edible Insect Animal Feed Market are:

Who are the leading companies and what are their portfolios in Edible Insect Animal Feed Market?
What segments are covered in the Edible Insect Animal Feed Market?
Who are the key players in the Edible Insect Animal Feed market?
What is Edible Insect Animal Feed?
What was the Edible Insect Animal Feed market size in 2023?
What is the growth rate of the Edible Insect Animal Feed Market?
Which are the factors expected to drive the Edible Insect Animal Feed market growth?
What are the different segments of the Edible Insect Animal Feed Market?
What growth strategies are the players considering to increase their presence in Edible Insect Animal Feed?
What are the upcoming industry applications and trends for the Edible Insect Animal Feed Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Edible Insect Animal Feed Market?
What segments are covered in the Edible Insect Animal Feed Market?

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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective