Global Insect Feed Market to Reach USD 2,450.2 Million by 2033, Propelled by Growing Demand for Dairy, Poultry, and Aquatic products

December 24, 2024 | Food & Beverages

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According to the latest report by IMARC Group, titled “Insect Feed Market Report by Product Type (Meal Worms, Fly Larvae, Silkworms, Cicadas, and Others), Application (Aquaculture, Pig Nutrition, Poultry Nutrition, Dairy Nutrition, and Others), and Region 2025-2033,” the global insect feed market size reached USD 1,073.8 Million in 2024. 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.

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 USD 2,450.2 Million by 2033, expanding at a CAGR of 9.6% during 2025-2033.

Market Summary:

On the basis of the product type, the market has been segregated into meal worms, fly larvae, silkworms, cicadas, and others.
Based on application, the market is categorized into aquaculture, pig nutrition, poultry nutrition, dairy nutrition, and others.
On a Regional basis, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has also been examined, with some of the key players being Alltech Coppens, Bühler Holding AG, Enterra Corporation, Entofood Sdn Bhd., EnviroFlight LLC (Darling Ingredients Inc.), Hexafly, InnovaFeed, Multibox, nextProtein, Protix and Ÿnsect.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Segment Coverage	Product Type, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Alltech Coppens, Bühler Holding AG, Enterra Corporation, Entofood Sdn Bhd., EnviroFlight LLC (Darling Ingredients Inc.), Hexafly, InnovaFeed, Multibox, nextProtein, Protix and Ÿnsect
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Insect Feed Market to Reach USD 2,450.2 Million by 2033, Propelled by Growing Demand for Dairy, Poultry, and Aquatic products

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