Global Feeding Insects Market Size By Type (Black Soldier Flies, Common Housefly Larvae), By Application (Poultry, Livestock), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 36088 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Feeding Insects Market was valued at USD 1.2 billion in 2023 and is projected to surpass USD 3.5 billion by 2031, growing at a CAGR of 14.5% during the forecast period from 2023 to 2031. The growing demand for sustainable and alternative protein sources, coupled with the rising awareness of insect-based feed as a viable solution for livestock and aquaculture nutrition, is driving market expansion. Feeding insects, such as black soldier flies, mealworms, and crickets, offer high protein content, essential amino acids, and environmental benefits, making them an attractive alternative to conventional feed sources like soy and fishmeal.

Drivers

1. Growing Demand for Sustainable Protein Sources

With the global population projected to reach 9.7 billion by 2050, the demand for protein-rich food sources is increasing. Insect-based feed provides an eco-friendly alternative that requires less land, water, and feed resources compared to traditional protein sources like soybean and fishmeal.

2. Rising Adoption in Aquaculture and Livestock Feed

The aquaculture industry is experiencing rapid growth, increasing the demand for nutritious and cost-effective feed alternatives. Insects serve as an excellent protein substitute with high digestibility and essential nutrients, making them an ideal choice for fish, poultry, and livestock feed.

3. Government Support and Regulatory Approvals

Many governments and regulatory bodies are recognizing the benefits of insect-based feed and are providing funding, incentives, and approvals for its use. The European Union, for example, has approved insect protein for aquaculture and poultry feed, further accelerating market growth.

Restraints

1. High Production Costs

The cost of setting up insect farming facilities and processing units remains relatively high compared to conventional feed production. However, technological advancements and economies of scale are expected to reduce costs over time.

2. Limited Awareness and Consumer Perception

While the industry is growing, there is still limited awareness about the benefits and nutritional value of insect-based feed. Changing the perception of consumers and feed manufacturers remains a key challenge for market expansion.

Opportunity

1. Expansion into Pet Food and Animal Nutrition

The use of insect protein is expanding beyond livestock and aquaculture into pet food and animal nutrition supplements. Major pet food companies are launching insect-based dog and cat food, capitalizing on the demand for sustainable and hypoallergenic pet food options.

2. Technological Advancements in Insect Farming

Advances in automation, AI-driven monitoring, and bioconversion technologies are reducing production costs and increasing scalability, paving the way for mass adoption of insect-based feed.

Market by System Type Insights

1. Black Soldier Fly (BSF)

The Black Soldier Fly segment dominated the market in 2023, contributing the largest revenue share. BSF larvae are rich in protein and fat, making them a suitable replacement for fishmeal and soybean meal in livestock and aquaculture feed.

2. Mealworms

Mealworms are gaining traction in poultry and pet food applications due to their high digestibility, amino acid profile, and omega-3 content. The segment is expected to experience steady growth during the forecast period.

3. Crickets

Crickets offer high protein and vitamin content, making them a promising ingredient for both animal and pet food. Their growing adoption in premium pet food formulations is driving segment growth.

Market by End-use Insights

1. Aquaculture

Aquaculture accounted for the largest share of the market in 2023, as fishmeal prices continue to rise and sustainability concerns drive the shift towards alternative protein sources.

2. Poultry Feed

The poultry segment is experiencing rapid growth due to the high nutritional value of insects and their ability to improve gut health and immune response in chickens.

3. Pet Food

The pet food industry is witnessing significant adoption of insect-based ingredients, particularly in premium and hypoallergenic pet food categories.

Market by Regional Insights

1. North America

North America held the largest market share in 2023, driven by strong investment in alternative proteins, increasing demand for sustainable feed options, and regulatory support.

2. Europe

Europe is experiencing rapid adoption of insect-based feed, fueled by favorable regulations and increasing consumer awareness. The European Union has already approved insect meal for aquaculture and poultry feed, boosting demand.

3. Asia-Pacific

The Asia-Pacific region is expected to witness the highest growth rate, driven by the expanding aquaculture sector in China, India, and Southeast Asia. The rising cost of fishmeal and soybean meal is pushing feed manufacturers to explore alternative protein sources.

Competitive Scenario

Key players in the Global Feeding Insects Market include:

Ÿnsect

Protix

Enterra Feed Corporation

AgriProtein

EnviroFlight

Nutrition Technologies

Beta Hatch

InnovaFeed

These companies are focusing on expanding production capacity, securing funding, and forming strategic partnerships to strengthen their market presence. Recent developments include:

2023: Ÿnsect announced the expansion of its industrial-scale insect farm in France, increasing production capacity for aquaculture feed.

2024: Protix partnered with a leading pet food brand to introduce insect-based dog food, catering to the sustainable pet food market.

2025: Enterra Feed Corporation launched a new range of high-protein insect meal for poultry feed, aimed at reducing reliance on soybean meal.

Scope of Work – Global Feeding Insects Market

Report Metric

Details

Market Size (2023)

USD 1.2 billion

Projected Market Size (2031)

USD 3.5 billion

CAGR (2023-2031)

14.5%

Key Segments Covered

System Type, End-use, Region

Leading Segment by System Type

Black Soldier Fly (BSF)

Leading Segment by End-use

Aquaculture

Key Regions Covered

North America, Europe, Asia-Pacific, Latin America, MEA

Key Companies

Ÿnsect, Protix, Enterra Feed, AgriProtein, EnviroFlight

Market Drivers

Demand for sustainable protein, regulatory approvals

Market Restraints

High production costs, limited awareness

Market Opportunities

Pet food expansion, technological advancements

Key Market Developments

2023: Ÿnsect expands its industrial insect farm to scale up aquaculture feed production.

2024: Protix partners with a leading pet food company to launch insect-based pet food.

2025: Enterra Feed Corporation introduces new high-protein insect meal for poultry feed.

FAQs

1. What is the current market size of the Global Feeding Insects Market?

The Global Feeding Insects Market was valued at USD 1.2 billion in 2023.

2. What is the major growth driver of the Global Feeding Insects Market?

The major growth driver is the rising demand for sustainable protein sources in aquaculture, livestock, and pet food industries.

3. Which is the largest region during the forecast period in the Global Feeding Insects Market?

North America currently holds the largest market share, while Asia-Pacific is expected to experience the highest growth rate.

4. Which segment accounted for the largest market share in the Global Feeding Insects Market?

The Black Soldier Fly (BSF) segment accounted for the largest market share due to its high protein content and sustainability benefits.

5. Who are the key market players in the Global Feeding Insects Market?

Key players include Ÿnsect, Protix, Enterra Feed Corporation, AgriProtein, EnviroFlight, and Nutrition Technologies.

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