Edible Insect Animal Feed Market Demand, Regional Insights, and Future Projections 2024-2030

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North America experiences significant growth in the edible insect animal feed market due to increasing demand for sustainable protein sources and a well-established animal feed industry.

Edible Insect Animal Feed Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Edible Insect Animal Feed Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Edible Insect Animal Feed market, with forecasts outspreading to the year 2030.

Projected Growth Trajectory for Edible Insect Animal Feed Market:

The edible insect animal feed market is projected to increase from its estimated value of USD 1.12 billion in 2023 to USD 9.80 billion by 2030, or a compound annual growth rate (CAGR) of 36.2%.

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Edible Insect Animal Feed Market Scope and Methodology:

The Edible Insect Animal Feed market research offers in-depth details on important factors, such as those anticipated to fuel the industry's expansion and impending challenges. Stakeholders will have a solid understanding of the industry's competitive landscape, the products pushed by well-known brands, and the investment potential in the Edible Insect Animal Feed market. Both the qualitative and quantitative aspects of the industry are covered in the study. The MMR investigation's purview includes a thorough analysis of the competition for the Edible Insect Animal Feed Market.

Many additional requirements, each with a detailed reason, are included in the study. In order to build the Edible Insect Animal Feed Market, a wide range of primary and secondary sources of information were taken into consideration, including government documents, websites, yearly reports, and expert and professional opinions.

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Edible Insect Animal Feed Market Regional Insights:

The market size, growth rate, import and export by region, and other relevant statistics are all thoroughly analyzed in this study. The regional analysis of the research makes it easy to understand the Edible Insect Animal Feed market situations in different countries. The markets in Latin America, Africa, Asia Pacific, North America, and the Middle East make up the Edible Insect Animal Feed market.

Edible Insect Animal Feed Market Segmentation:

by insect type

Crickets
Mealworms
Black soldier flies
Silkworms
Grasshoppers
Others (such as beetles, ants, and locusts)

by Animal Type

Poultry
Swine
Aquaculture (fish, shrimp, and other aquatic species)
Pet food (dogs, cats, and other pets)
Others (such as cattle, horses, and birds)

by Product Type

Whole insects
Meal and flour
Oil and fat
Protein powder
Others (such as pellets, granules, and treats)

by Application

Feed ingredients
Complete feed
Supplements
Additives
Others (such as treats and specialty products)

by Form

Dried
Fresh
Frozen
Processed (such as extruded, pelleted, or powdered)

by Distribution Channel

Direct sales (farmers, breeders, and insect farms)
Retail stores (pet stores, feed stores, and supermarkets)
Online platforms
Animal feed distributors
Others (such as specialty stores and wholesalers)

by End-Use

Industrial farms
Commercial farms
Household and backyard farming
Aquaculture facilities
Pet owners
Others (zoos, research institutions, and wildlife rehabilitation centres)

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Edible Insect Animal Feed Market Key Players:

North America:

Entomo Farms (Canada)
Aspire Food Group (United States)
EnviroFlight (United States)
Beta Hatch (United States)
Next Millennium Farms (Canada)

Europe:

Protix (Netherlands)
Ynsect (France)
Ÿnsect (France)
AgriProtein (United Kingdom)
Micronutris (France)

Asia Pacific:

Haocheng Mealworms Inc. (China)
Entobel (Vietnam)
Tiny Farms (Singapore)
AgriProtein Asia Pacific (Singapore)
Innovafeed (Singapore)

South & Latin America:

Protinal Protenorte SA (Colombia)
Nuseed (Brazil)
Agroproteinos (Mexico)
Go Insecta (Brazil)
Bioibérica (Mexico)

Middle East and Africa:

AgriProtein (South Africa)
EntoFood (United Arab Emirates)
Beta Bugs (South Africa)
Premier Nutrition Corporation (Egypt)
Yemoja Ltd (Nigeria)

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Key questions answered in the Edible Insect Animal Feed Market are:

  • What is Edible Insect Animal Feed?
  • What was the Edible Insect Animal Feed market size in 2023?
  • What is the growth rate of the Edible Insect Animal Feed Market?
  • Which are the factors expected to drive the Edible Insect Animal Feed market growth?
  • What is the CAGR at which the Edible Insect Animal Feed market will grow during the forecast period?
  • What are the different segments of the Edible Insect Animal Feed Market?
  • Which is the fastest growing region in the Edible Insect Animal Feedmarket?
  • What growth strategies are the players considering to increase their presence in Edible Insect Animal Feed?
  • What are the upcoming opportunities and trends for the Edible Insect Animal Feed Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Edible Insect Animal Feed Market?
  • Who are the leading companies and what are their portfolios in Edible Insect Animal Feed Market?
  • What segments are covered in the Edible Insect Animal Feed Market?
  • Who are the key players in the Edible Insect Animal Feed market?

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size & Forecast by different segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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