Press release
Edible Insects for Animal Feed Market Comprehensive Growth Analysis of Enterra Feed Corporation, Protix, Entomotech S.L., Haocheng Mealworms Inc, Entomo Farm, NextProtein, Beta Hatch, Nutrition Technologies
Detailed profiles of companies that manufacture edible insects for animal feed are included in the report to analyze their developmental strategies, key product offerings, and recent developments. Key players in the global edible insects for animal feed market include EnviroFlight, LLC, Ynsect, AgriProtein Holdings Ltd, Enterra Feed Corporation, Protix, Entomotech S.L., Kreca Ento-Feed BV, DeliBugs, Haocheng Mealworms Inc, Entomo Farm, NextProtein, Beta Hatch, Nutrition Technologies, Hexafly Biotech, Entobel, HiProMine, InnovaFeed, Nusect, Protenga, and Mutatec.
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Edible Insects for Animal Feed: Global Market Analysis 2013-2017 and Forecast 2019-2029 which estimates the edible insects for animal feed market to have reached US$ 267.9 Mn by the end of 2018 in terms of value, and is forecasted to reach US$ 2385.6 Mn by the end of 2029.
Aquafeed industries are actively looking for protein alternative sources, which propels the demand for edible insects for animal feed. Prices of fishmeal and soy meal, which are used as aqua feed, are high. Aquaculture production is continuously increasing which increases the demand for alternative and affordable protein sources such as edible insects for animal feed. This leads to an increase in demand for edible insects for animal feed in the aquafeed market.
In the poultry industry, the demand for high-quality protein is increasing, thus, driving the demand for edible insects for animal feed. Edible insects for animal feed products can have a market similar to fishmeal and soymeal, which are used as the main ingredients in feed formulae for livestock feed and aquafeed. In zoos and pet markets insect protein is used, thus driving the market demand for edible insects for animal feed. Due to its benefits over fishmeal and soy meal, edible insects for an-imal feed has a growing demand over the forecast period.
Insects are a healthy and nutritious alternative to staple foods such as chicken, beef, fish, and pork. However, consumers are more reluctant to accept insects as direct food due to their taste and ap-pearance. Consumption of insects as food depends on the culture and religion in that particular re-gion. Mostly in western regions consumption of insects as food is not acceptable yet. Edible insects for animal feed has high demand in these regions.
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Nowadays, lot of innovation is going on in the edible insects for animal feed market. Growing population leads to increasing demand for food. To fulfill the increasing food demand globally, meat production has increased. It is necessary to provide quality feed to animals to improve their meat quality. The feed industry has introduced edible insects for animal feed in the market. Insects contain high amount of protein which is important for the better growth of livestock. Farmers are looking for alternative resources to fulfill the increasing protein demand.
Edible insects for animal feed is turning out to be the ideal solution and gaining investor attention. Investments in the edible insects for animal feed market are increasing. In 2018, companies producing edible insects for animal feed received the largest investment, for example, UK-based AgriProtein, Dutch Protix, and the French company InnovaFeed and Ynsect, which produce mealworm in France, etc.
Table of Content:
1. Executive Summary
1.1. Global Market Outlook
1.2. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Global Edible Insects for Animal Feed Market Demand Analysis 2014-2018 and Forecast, 2019-2029
4.1. Historical Market Volume (Tons) Analysis, 2014-2018
4.2. Current and Future Market Volume (Tons) Projections, 2019-2029
4.3. Y-o-Y Growth Trend Analysis
5. Global Edible Insects for Animal Feed Market - Pricing Analysis
5.1. Regional Pricing Analysis By Insect Type
5.2. Pricing Break-up
6. Global Edible Insects for Animal Feed Market Demand (in Value or Size in US$ Mn) Analysis 2014-2018 and Forecast, 2019-2029
6.1. Historical Market Value (US$ Mn) and Volume Analysis, 2014-2018
6.2. Current and Future Market Value (US$ Mn) and Volume Projections, 2019-2029
6.2.1. Y-o-Y Growth Trend Analysis
6.2.2. Absolute $ Opportunity Analysis
7. Market Background
7.1. Macro-Economic Factors
7.1.1. Global GDP Growth Outlook
7.1.2. Global Food Retail Outlook
7.1.3. Global Industry Value Added
7.2. Forecast Factors - Relevance & Impact
7.2.1. Global Food & Beverage Industry Outlook
7.2.2. Global Urbanization Growth Outlook
8. Global Edible Insects for Animal Feed Market Analysis 2014-2018 and Forecast 2019-2029, By Insect Type
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Insect Type, 2014 - 2018
8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Insect Type, 2019 - 2029
8.3.1. Black Soldier Fly
8.3.2. Orthoptera
8.3.3. Housefly
8.3.4. Silkworm
8.3.5. Mealworm
8.3.6. Others
8.4. Market Attractiveness Analysis By Insect Type
9. Global Edible Insects for Animal Feed Market Analysis 2014-2018 and Forecast 2019-2029, By Product Type
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type , 2014 - 2018
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type , 2019 - 2029
9.3.1. Meal (Powder)
9.3.2. Oil
9.3.3. Whole (Dried Insects)
9.4. Market Attractiveness Analysis By Product Type
10. Global Edible Insects for Animal Feed Market Analysis 2014-2018 and Forecast 2019-2029, By End Use
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume Analysis By End Use, 2014 - 2018
10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End Use, 2019 - 2029
10.3.1. Livestock
10.3.1.1. Poultry
10.3.1.2. Swine
10.3.2. Pet Food
10.3.3. Aquaculture
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