Edible Insects for Animal Feed Market to Surpass US$ 96.82 Bn at a CAGR of 38.9% by 2031

The global market for edible insects as animal feed is witnessing significant growth due to the increasing demand for sustainable protein sources in animal diets. Edible insects are rich in proteins, vitamins, and minerals, making them a valuable alternative to traditional animal feed ingredients.

Market Size and Growth:

The market size for edible insects in animal feed is expected to reach a value of US$ 96.82 Bn by 2031, growing at a CAGR of 38.9% during the forecast period 2022-2031. This growth is attributed to the rising awareness about the environmental benefits of insect-based feed and the growing demand for protein-rich animal feed.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐭 (𝐔𝐬𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐌𝐚𝐢𝐥 𝐈𝐝 𝐟𝐨𝐫 𝐐𝐮𝐢𝐜𝐤 𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐞) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=78554&utm_source=OpenPR&utm_campaign=OpenPR_Sudha

Market Segmentation:

By Service Type: Product and Service.
By Sourcing Type: Farm-Raised and Wild Harvested.
By Application: Poultry Feed, Swine Feed, Cattle Feed, Aquaculture Feed, Pet Food, and Others.
By Industry Vertical: Agriculture, Food and Beverage, Pharmaceutical, and Others.
By Region: North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

Regional Analysis:

North America: The North American market is driven by the increasing adoption of insect-based animal feed in the United States and Canada.
Europe: Europe is a prominent market for edible insects in animal feed, with countries like the Netherlands and Belgium leading the way in insect farming and feed production.
Asia Pacific: The Asia Pacific region is witnessing significant growth in the edible insect market due to the high demand for protein-rich animal feed in countries like China, India, and Japan.

Market Drivers and Challenges:

Drivers: Increasing demand for sustainable protein sources, rising meat consumption, and growing awareness about the nutritional benefits of insect-based feed.
Challenges: Regulatory restrictions, consumer perception, and the need for investment in insect farming technology.
Market Trends:

Growing use of insect-based feed in aquaculture and pet food industries.
Increasing investment in insect farming technology and infrastructure.
Rising demand for organic and natural animal feed ingredients.

Competitive Landscape:

The global edible insects for animal feed market is highly fragmented with the presence of several small and large players. Some of the key players in the market include AgriProtein Holdings Ltd, Ynsect, Protix, InnovaFeed, EnviroFlight, LLC, Entomo Farms, Hexafly Biotech, and Entobel.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.transparencymarketresearch.com/checkout.php?rep_id=78554<ype=S&utm_source=OpenPR_Sudha&utm_campaign=OpenPR

Future Outlook:

The future of the edible insects for animal feed market looks promising with the increasing adoption of insect-based feed in the livestock and aquaculture industries. Key market players are focusing on product innovation and strategic partnerships to gain a competitive edge in the market.

Key Market Study Points:

Market size and growth projections.
Regional analysis of market trends and growth drivers.
Competitive landscape and key market players.
Regulatory environment and challenges.
Future outlook and growth opportunities.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -

𝐖𝐚𝐥𝐧𝐮𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.prnewswire.com/news-releases/walnut-market-size-is-projected-to-reach-usd-11-1-billion-at-a-4-3-cagr-by-2031---transparency-market-research-inc-302032434.html

𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐅𝐥𝐨𝐮𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.prnewswire.com/news-releases/functional-flour-market-worth-usd-147-3-billion-by-2031--at-7-6-cagr---report-by-transparency-market-research-inc-302024373.html

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.