Home > Animal Health & Nutrition > Feed Additives > Animal Feed Insect Protein Market

Animal Feed Insect Protein Market Trends

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

Download Free Sample

Animal Feed Insect Protein Market Trends

Current trends in the market highlight a notable uptick in adoption, largely fueled by sustainability and resource efficiency. Major feed manufacturers are now incorporating insect protein into their formulations, responding to both regulatory mandates and consumer preferences for eco-friendly solutions. Looking ahead, trends indicate a surge in research and development investments aimed at refining insect farming efficiency and scalability. Future innovations are expected to advance breeding methods, superior feed substrates, and automated production processes. As regulatory frameworks expand and consumer awareness grows, broader acceptance and application of insect protein across various animal feed markets, spanning aquaculture to livestock, seems imminent.

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.