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Animal Feed Insect Proteins Market Share

Report ID: GMI5358
Published Date: Dec 2023
Report Format: PDF

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Animal Feed Insect Proteins Market Share

Some of the major market players operating in the Animal Feed Insect Proteins industry are:

INSECTIFii
Celitron
Medical Technologies Kft
Bentoli
Ynsect SAS
Protix
Enviroflight
BETA HATCH
Nutrition Technologies
Hexafly Biotech
Enterra Feed Corporation
Innovafeed
NextProtein
HiProMine S.A
Entobel

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

INSECTIFii and Celitron are two prominent players in the rapidly expanding animal feed insect proteins market. Both companies are committed to developing sustainable and nutritious insect-based protein sources for animal feed, addressing the growing demand for alternative protein sources in the livestock industry. INSECTIFii is a leading Dutch insect protein company specializing in the production of high-quality insect protein for animal feed. The company's innovative production process utilizes black soldier fly larvae (BSFL) as the primary feedstock, offering a sustainable and environmentally friendly solution to protein production.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Animal feed insect proteins market size was USD 523.55 million in 2022 and is expected to reach USD 942.62 million by 2032 due to the rising use in animal feed as a sustainable and high-quality alternative to traditional protein sources, such as soy and fishmeal worldwide.

Animal feed insect proteins industry size from the black soldier fly insect segment recorded USD 182.81 million in 2022 and is expected to register appreciable CAGR from 2023-2032 owing to their efficiency in converting organic waste into protein-rich larvae.

Asia Pacific animal feed insect proteins industry reached USD 233.90 million in revenue in 2022 due to the burgeoning population, the increasing demand for protein-rich animal products, and the growing awareness of sustainable agricultural practices in the region.

INSECTIFii, Celitron, Medical Technologies Kft, Bentoli, Ynsect SAS, Protix, Enviroflight, BETA HATCH, and Nutrition Technologies are some of the major animal feed insect protein companies worldwide.