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Animal Feed Insect Protein Market Share

Report ID: GMI5358
Published Date: Aug 2024
Report Format: PDF

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Animal Feed Insect Protein Market Share

Animal Feed Insect Proteins Market Share (%), (2023)

In the market, Insectifii, Ynsect SAS, Protix, EnviroFlight, and BETA HATCH are key players with distinct competitive strategies. Ynsect SAS stands out with its large-scale, automated insect farming technology, emphasizing efficiency and sustainability. Protix focuses on cultivating multiple insect species and leverages advanced bioconversion processes along with global partnerships to enhance its feed solutions.

EnviroFlight specializes in black soldier fly farming, utilizing proprietary technology to optimize insect growth and feed conversion. BETA HATCH is known for its research-driven approach, concentrating on breeding and genetic optimization to improve insect protein quality. Insectifii integrates cutting-edge production technology with a focus on sustainable feed applications. Together, these companies advance the market by addressing high production costs, enhancing feed efficiency, and meeting the growing demand for sustainable animal feed solutions.

Top companies operating in the Animal Feed Insect Protein industry include:

INSECTIFii
Ynsect SAS
Protix
Enviroflight
BETA HATCH
Nutrition Technologies
Hexafly Biotech
Innovafeed.
NextProtein
HiProMine S.A
Entobel

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Animal feed insect protein industry size was worth USD 587.56 million in 2023 and will grow at 7.3% CAGR between 2024 and 2032, fueled by the rising demand for sustainable and eco-friendly protein sources.

The aquaculture segment will reach USD 347.17 million by 2032, propelled by the growing demand for sustainable and nutritious feed options.

Asia Pacific animal feed insect protein industry will achieve USD 439.65 million by 2032, attributed to its rapidly expanding livestock and aquaculture industries.

Key players operating in the animal feed insect protein industry are INSECTIFii, Ynsect SAS, Protix, Enviroflight, BETA HATCH, Nutrition Technologies, Hexafly Biotech, Innovafeed, NextProtein, HiProMine S.A, and Entobel, among others.