Animal Feed Insect Proteins Market Size - By Insect Type (Black soldier fly, Housefly, Crickets, Mealworms, Beetles, Caterpillars, Grasshopper, Locusts, Bees), By Livestock (Poultry Feed, Swine, Aquaculture, Pet Food) & Forecast, 2023 – 2032
Published on: 2024-07-28 | No of Pages : 240 | Industry : Animal Health and Nutrition
Publisher : MIR | Format : PDF&Excel
Animal Feed Insect Proteins Market Size - By Insect Type (Black soldier fly, Housefly, Crickets, Mealworms, Beetles, Caterpillars, Grasshopper, Locusts, Bees), By Livestock (Poultry Feed, Swine, Aquaculture, Pet Food) & Forecast, 2023 – 2032
Animal Feed Insect Proteins Market Size
Animal Feed Insect Proteins Market was valued at around USD 523.55 million in 2022 and is poised to witness more than 5.9% CAGR between 2023 and 2032. The use of insect proteins in animal feed has gained traction as a sustainable and high-quality alternative to traditional protein sources such as soy and fishmeal. Insects, particularly black soldier fly larvae and mealworms, are rich in protein, essential amino acids, and other nutrients crucial for animal nutrition.
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This market's expansion is fueled by the increasing demand for animal protein products, coupled with the need for environmentally friendly and resource-efficient feed solutions. The adoption of insect-based feed is driven by its positive environmental impact, as insect farming generally requires less land, water, and feed compared to traditional livestock farming. Additionally, insects can thrive on organic waste, contributing to waste reduction and circular economy practices.
Report Attribute | Details |
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Base Year | 2022 |
Animal Feed Insect Proteins Market Size in 2022 | Million USD 523.55 |
Forecast Period | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR | 5.9% |
2032 Value Projection | Million USD 942.62 |
Historical Data for | 2018 - 2022 |
No. of Pages | 210 |
Tables, Charts & Figures | 136 |
Segments covered | Insect Type, Livestock |
Growth Drivers |
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Pitfalls & Challenges |
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The upfront investment required for insect production facilities, including controlled environments and automated systems, can be considerable. Maintaining optimal conditions for insect growth demands advanced technological solutions, such as climate control and waste management systems, further contributing to operational expenses. The lack of widespread infrastructure for large-scale insect farming adds another layer of complexity, hindering the industry's ability to achieve cost-effective production. Furthermore, research and development efforts to enhance efficiency and reduce production costs are ongoing but require substantial investments. Without significant advancements in technology and infrastructure, the scalability of insect protein production remains a considerable challenge.
COVID-19 Impact
Disruptions in the global supply chain and logistical challenges have affected the production and distribution of insect-based feed products. The restrictions on movement and lockdown measures have impeded the transportation of essential inputs for insect farming, leading to potential delays and increased production costs. Moreover, the economic fallout from the pandemic has influenced consumer spending patterns, impacting the demand for premium-priced insect protein in animal feed formulations.
Animal Feed Insect Proteins Market Trends
One prominent trend is the increasing focus on circular economies, where insect farming utilizes organic waste materials to produce high-quality protein for animal feed. This not only addresses environmental concerns related to waste management but also contributes to the development of a more sustainable and efficient food system. Additionally, a growing emphasis on reducing dependence on traditional protein sources like soy and fishmeal has accelerated the adoption of insect proteins as a viable alternative, driven by their nutritional composition and minimal environmental footprint.
Technological advancements play a pivotal role in this market, with ongoing research aimed at optimizing insect farming processes and increasing production efficiency. Innovations in automation, climate control, and data analytics contribute to scalable and cost-effective insect protein production.
Animal Feed Insect Proteins Market Analysis
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Based on insect type, the black soldier fly segment accounted for USD 182.81 million in 2022. Black soldier flies hold a substantial market share, given their efficiency in converting organic waste into protein-rich larvae. Houseflies, though less commonly used, are being explored for their potential in nutrient-rich larval development.
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Based on livestock, the aquaculture segment held a dominant market share of around 37.79% in 2022 and is expected to grow at a lucrative pace by 2032. Aquaculture, a rapidly expanding industry, is adopting insect-based proteins to address the growing demand for sustainable and protein-rich feed. The unique amino acid profile of insect proteins aligns well with the nutritional requirements of various aquatic species, securing a noteworthy market share in aquaculture feed formulations.
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Asia Pacific animal feed insect proteins market size surpassed USD 233.90 million in 2022. The region's prominence can be attributed to a confluence of factors, including a burgeoning population, increasing demand for protein-rich animal products, and a growing awareness of sustainable agricultural practices. Countries within Asia Pacific, such as China, India, and Southeast Asian nations, are witnessing a surge in the adoption of insect proteins in animal feed formulations. China, in particular, has emerged as a major contributor to the market share, driven by its strategic focus on developing sustainable protein sources and reducing dependence on traditional feed ingredients.
Animal Feed Insect Proteins Market Share
Some of the major market players operating in the Animal Feed Insect Proteins industry are
- INSECTIFii
- Celitron
- Medical Technologies Kft
- Bentoli
- Ynsect SAS
- Protix
- Enviroflight
- BETA HATCH
- Nutrition Technologies
- Hexafly Biotech
- Enterra Feed Corporation
- Innovafeed
- NextProtein
- HiProMine S.A
- Entobel
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
INSECTIFii and Celitron are two prominent players in the rapidly expanding animal feed insect proteins market. Both companies are committed to developing sustainable and nutritious insect-based protein sources for animal feed, addressing the growing demand for alternative protein sources in the livestock industry. INSECTIFii is a leading Dutch insect protein company specializing in the production of high-quality insect protein for animal feed. The company's innovative production process utilizes black soldier fly larvae (BSFL) as the primary feedstock, offering a sustainable and environmentally friendly solution to protein production.
Animal Feed Insect Proteins Market News
- In February 2021, Innovafeed and Auchan unveiled a groundbreaking initiative featuring pigs raised on insect-fed diets, marking the introduction of their third line of animal feed enriched with insects. These pigs were nourished with a diet incorporating insect oil, showcasing a commitment to reducing carbon footprint and emphasizing sustainability in pork production.
- In April 2022, Global Bugs partnered with Natural Solutions. The two companies will collaborate to develop and market insect-based protein solutions for animal feed. This includes optimizing insect production processes, formulating insect-based feed ingredients, and conducting research to demonstrate the benefits of insect protein for animal nutrition.
This animal feed insect proteins market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Kilo Tons from 2018 to 2032, for the following segments
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Market, By Insect Type
- Black soldier fly
- Housefly
- Crickets
- Mealworms
- Beetles
- Caterpillars
- Grasshopper, Locusts
- Bees, Wasps & Ants
- Scale Insects & True Bugs
- Others
Market, By Livestock
- Poultry Feed
- Broiler
- Layer
- Turkey
- Others
- Swine
- Starter
- Grower
- Sow
- Aquaculture
- Salmon
- Trout
- Shrimp
- Others
- Pet Food
- Dogs
- Cats
- Birds
- Fish
- Other
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Egypt
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