Insect Feed Market Share 2022 Future Trends, Manufacturers, Share, Opportunities, Strategies to Boost Growth, Applications - Ynsect, Enterra Feed, Entofood

The Insect Feed Market 2022 report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2022 to 2028. The structured analysis contains graphical as well as a diagrammatic representation of the global Insect Feed Market with its specific geographical regions.

The Global Insect Feed Market Size is Projected to Reach at a CAGR of 12% during 2022-2028.

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Market Overview:

 The insect feed for aquaculture wasnegatively impacted mainly due to the decreasing international sea food trade, as restrictions on the fishing industry have minimized the yield and production. Adding to that, the global demand for seafood from restaurants and the hospitality industry has also dropped dramatically as lockdowns led to stay-at-home orders, closure of restaurants and other foodservice establishment. The insect feed sector, at present, has challenges, such as commercial-scale production, when compared to conventional animal feed products. However, factors such as the high feed conversion ratio of insects, low requirements for production area, and favorable government policies are driving the insect feed market. This is further anticipated to drive the market in the coming years.

The key manufacturers covered in this report:

AgriProtein, Ynsect, Enterra Feed, Entofood, InnovaFeed, Enviroflight, Hexafly, HiProMine, MealFood Europe, Protix, Lang Shi Insect Industry

Recent Developments

In June 2019, Ynsect, a french insect feed producer, established a new mealworm production facility with a production capacity of 1,500 metric tons of insect protein per month in France.
In February 2018, Protix launched the first insect-fed salmon under the brand Friendly salmon, which is derived from the protix's black soldier fly larvae meal, proteinx.
In Jan 2017, Protix company partnered with Buhler Insect Technology Solutions to enhance insect feed production in China and installed a pilot facility to process fly larvae and mealworms for animal feed.

Segmentation by type:

Meal Worms
Fly Larvae
Others

Segmentation by application:

Aquaculture
Pet Food
Animal Feed

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Asia-Pacific Dominates the Market

In Asia-Pacific, the growing meat consumption compelled the demand for nutritious insect feed in recent years. Along with this, investments by the insect feed companies in the region fueled the market growth. For instance, in 2017, Protix partnered with Buhler Insect Technology Solutions, based out of China, to enhance the insect feed production in the country, where Buhler, with the help of the former, installed a pilot facility to process fly larvae and mealworms for animal feed. This has led the companies to develop new forms of insect feeds to provide protein-rich diet to livestock. 

The regions are further sub-divided into:

North America - US, Canada, and Mexico
Europe - UK, Germany, France, Italy, Russia, Spain & Rest of Europe
Asia-Pacific - China, India, Japan, South Korea, Australia & Rest of APAC
Latin America - Brazil, Argentina, Peru, Chile & Rest of Latin America
The Middle East and Africa - Saudi Arabia, UAE, Israel, South Africa

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Highlights of the Insect Feed Market Report:

Detailed overview of Insect Feed Market
Changing the Insect Feed market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Insect Feed market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Insect Feed Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

Finally, the Insect Feed Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, market development rate and figure, and so on. Insect Feed industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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By Product Type, Applications & Growth Factors
Industry Status and Outlook for Major Applications / End Users / Usage Area

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