Edible Insects For Animal Feed Market
Edible Insects For Animal Feed market report offers accurate region-wise market projections and forecasts, market share, size, segment-wise analysis, regulatory framework assessment, opportunities and challenges for stakeholders, and impact of key industry trends.
Global Market Study on Edible Insects for Animal Feed: Higher Nutritional Content to Boost Demand for Edible Insects in Animal Feed
- Report code : PMRREP12394 |
- Industry : Food Innovation |
- Published On : Jan-2020 |
- Pages : 320 Pages |
- Format :
Edible insects and insect based-products are enriched with a high amount of nutritional protein. This makes them an ideal alternative to conventional protein sources in animal nutrition, and are thus gaining traction. As a dry product, edible insects contain 50% to 80% of protein, which is essential for animal nutrition. Edible insects also contain amino acids, which are highly digestible for animals. Some insects contain lauric acid, antimicrobial peptides, and chitin, which have immune-boosting properties. On the back of the high nutritional content of insects, and rising adoption as substitute protein sources, the edible insects for animal feed market is anticipated to witness impressive growth.
North America and Europe to Offer High Potential Investment Opportunities
The business set-up cost to start the production of insect-based animal feed products is very low at the initial stage. As the demand for these products increases, many manufacturers have increased their production capacities and are focusing on technical advancements. Investors are also identifying the potential of insect-based animal feed products as a lucrative prospect. Such investments have enabled manufacturers to increase production capacities to cater to the global edible insects for animal feed market. This growing interest and increasing production capacities of manufacturers is expected to drive the demand for insect-based animal feed.
Edible insects for animal feed witness higher demand in established markets such as Europe and North America. A large number of start-ups offering insect-based products are located in Europe and North America. Many investors have identified the potential gain by these sectors and are investing in areas related to the insect-based product industry. The exponential rate of investments in companies offering insect-based products in Europe and North America is boosting the growth of the global edible insects for animal feed market.
Ynsect, a France-based leading insect breeding company, raised US$ 125 Mn in its series C funding from a group of investors. This funding is the largest ever ag-tech funding deal outside the U.S.
Regional Landscape of Global Edible Insects for Animal Feed Market
In the global edible insects for animal feed market, a large number of start-ups that focus on breeding and producing insect-based products are located in Europe. Increasing investments in the businesses of emerging manufacturers in this lucrative market are anticipated to increase the share held by Europe in the global edible insects for animal feed market over the coming years.
The market Asia Pacific is projected to experience a robust growth rate, attributable to the increasing demand for insect-based products for animal feed and livestock farming. The end-use sector that includes pet food and feed, livestock farming, and aquaculture is flourishing in the Asia Pacific region. Customer inclination towards insect-based animal feed, and high rate of adaptation of edible insects for animal feed in countries like China and India make them the most attractive markets in the Asia Pacific region. However, different regulatory laws with respect to every region are hindering the growth of the global edible insects for animal feed market.
Analysts’ Viewpoint
The global edible insects for animal feed market has witnessed significant growth in the past few years, and this growth rate is expected to continue over the forecast period of 2020-2030. Asia Pacific is projected to register the highest growth rate, on the back of the increasing production of edible insects for animal feed in this region.
Players in the global edible insects for animal feed market are aggressively investing in expanding their production capacity. A large portion of market players consists of emerging manufacturers in the field of insect farming. They are focusing on acquisitions and joint ventures to increase their share in the global edible insects for animal feed market.
Edible Insects for Animal Feed Market: Scope of the Study
The latest market report by Persistence Market Research on the global edible insects for animal feed market evaluates the opportunities and current market scenario, providing insights and updates about the corresponding segments in the global edible insects for animal feed market during the forecast period of 2020-2030. The report provides a detailed assessment of key market dynamics and comprehensive information about the structure of the global edible insects for animal feed market. This report contains exclusive insights into how the global edible insects for animal feed market is anticipated to grow during the forecast period of 2020-2030.
The primary objective of the global edible insects for animal feed market report is to provide insights regarding opportunities in the market that are supporting the transformation of global businesses associated with edible insects for animal feed. It is very important to consider that, in an ever-wavering economy, we provide estimated (Y-o-Y) year-on-year growth rate in addition to the compound annual growth rate (CAGR) for the overall forecast, enabling readers to better understand the analysis and evaluation of the global edible insects for animal feed market, and to discover lucrative opportunities in the market.
This report on the global edible insects for animal feed market also provides an estimate of the market size and corresponding revenue forecast carried out in terms of absolute $ opportunity. It offers actionable insights based on future trends in the edible insects for animal feed market. Furthermore, new and emerging players in the global edible insects for animal feed market can use the information presented in the study to make effective business decisions, which will provide momentum to their businesses as well as the edible insects for animal feed market.
The study is relevant for manufacturers, suppliers, distributors, and investors in the global edible insects for animal feed market. All stakeholders in the global edible insects for animal feed market, as well as industry experts, researchers, journalists, and business researchers, can leverage the information and data presented in PMR’s study.
Key Segments of Global Edible Insects for Animal Feed Market
PMR’s report on the global edible insects for animal feed market offers comprehensive information on the basis of insect type, product type, end-use, and region.
|
Insect Type |
Product Type |
End Use |
Region |
|
Black Soldier Fly |
Meal |
Livestock
|
North America |
|
Orthoptera |
Oil |
Pet Food |
Latin America |
|
Housefly |
Whole |
Aquaculture |
Europe |
|
Silkworm |
Asia Pacific |
||
|
Mealworm |
Middle East & Africa |
||
|
Others |
Key Questions Answered in PMR’s Global Edible Insects for Animal Feed Market
- Which region will hold the highest share in the global edible insects for animal feed market during the forecast period?
- Which region is exhibiting the highest growth (CAGR)?
- Which factors are influencing the global edible insects for animal feed market?
- Which are the global trends influencing the edible insects for animal feed market?
- What strategies must emerging players adopt to capture opportunities in various regions in the edible insects for animal feed market?
- What is the market structure of the global edible insects for animal feed market?
Global Edible Insects for Animal Feed Market: Research Methodology
PMR is committed for providing unbiased market research solutions to its clients. PMR follows a robust methodology for the data analysis and deducing market insights included in its reports. A unique research methodology is utilized to conduct extensive research on the global edible insects for animal feed market and reach conclusions about the future growth factors of the edible insects for animal feed market. The research methodology uses primary research methods coupled with secondary research methods, which ensures the accuracy and reliability of the conclusions in this report.
A demand-side approach is followed to estimate the sales of target products, followed by an in-depth supply-side assessment of values generated, key trends, and events over a predefined period. This methodology is based on the use of standard market structures, methods, and definitions that are based on inputs from local sources in over five regions- North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa, which PMR considers for segmenting the global market. Statistics, characteristics, and variances are collected at a regional level, aggregated at the same level, and then synthesized at a global level to create global market measurements. Our main sources of research include:
- Primary Research
- Secondary Research
- Trade Research
- Social Media Research
Companies covered in Edible Insects For Animal Feed Market Report
- AgriProtein Holdings Ltd
- Ynsect SAS
- Protix
- InnovaFeed
- EnviroFlight, LLC
- Entomo Farms
- Beta Hatch
- Nutrition Technologies Group
- Hexafly Biotech
- Entobel
- HiProMine S.A
- Mutatec
- Enterra Feed Corporation
- Entomotech S.L.
- Kreca Ento-Feed BV
- DeliBugs
- Haocheng Mealworms Inc.
- Nusect
- Protenga
- NextProtein
