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Forecast Period

2024–2031

Base years: 2019–2023

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The Global Insect Feed Market is emerging as a transformative solution to address the dual challenges of sustainable protein production and circular food systems. Valued at USD 1.4 billion in 2023, the market is projected to grow at an exceptional CAGR of 28.5%, reaching USD 10.2 billion by 2031. This comprehensive analysis examines the key factors propelling this remarkable growth, including regulatory approvals for insect proteins in animal feed, rising aquaculture demands, and the urgent need for alternative protein sources that reduce the environmental footprint of livestock production.

The market is being shaped by three fundamental shifts: the normalization of insect-based ingredients in mainstream animal nutrition, technological breakthroughs in large-scale insect farming automation, and the development of novel processing techniques that enhance protein quality and functionality. This report offers an in-depth evaluation of production methodologies, application segments, and regional adoption patterns that are defining this revolutionary sector. The analysis also examines the evolving regulatory landscape, consumer acceptance trajectories, and the competitive strategies of both established agribusinesses and innovative startups in this space.

2. Market Overview

2.1 Market Definition & Scope

Insect feed encompasses processed insect-derived ingredients used as protein sources and functional additives in animal nutrition. The market includes:

Whole Insect Meal (XX% market share)
Insect Oil (XX%)
Insect Protein Concentrates (15%)
Other Derivatives (XX%)

Key application sectors:

Aquaculture Feed (XX%)
Poultry Nutrition (XX%)
Pet Food (15%)
Swine & Ruminant Feed (XX%)

2.2 Market Size & Forecast (2023-2031)

2023 Market Size: USD 1.4 Billion
2031 Projected Size: USD 10.2 Billion
CAGR: 28.5%
Production Volume: 250,000 metric tons (2023) → 3.2 million metric tons (2031)

2.3 Key Market Segments

By Insect Type:

Black Soldier Fly (XX% share)
- Larvae meal (80%)
- Prepupae oil (20%)
Mealworm (XX%)
- Yellow mealworm (XX%)
- Lesser mealworm (XX%)
Cricket (10%)
Other Insect Species (XX%)

By Production System:

Vertical Farming (XX%)
Containerized Units (XX%)
Traditional Farm Systems (XX%)

By Region:

Europe (35%)
North America (XX%)
Asia-Pacific (XX%)
Rest of World (XX%)

3. Market Dynamics

3.1 Market Drivers

1. Aquaculture Protein Demand

80% increase in fishmeal prices since 2020
FAO projecting 60% growth in aquaculture by 2030

2. Regulatory Approvals

EU authorization of 7 insect species for poultry/pig feed
FDA GRAS status for black soldier fly ingredients

3. Sustainability Pressures

90% lower land use vs. soybean production
75% reduction in carbon footprint vs. fishmeal

4. Circular Economy Potential

Food waste valorization through insect bioconversion
30% higher feed conversion efficiency than traditional livestock

3.2 Market Challenges

1. Production Scaling Limitations

5-10x capacity gaps to meet projected demand
Energy intensity of climate-controlled farming

2. Consumer Acceptance Hurdles

40% of farmers hesitant about novel ingredients
Price premiums of 15-20% vs. conventional feeds

3. Supply Chain Immaturity

Lack of standardized quality parameters
Seasonal variability in feedstock availability

3.3 Market Trends

1. Automation & AI Optimization

Robotic sorting systems improving processing yields
Machine learning algorithms optimizing growth conditions

2. Functional Ingredient Development

Antimicrobial peptides from insect proteins
Chitin derivatives for gut health enhancement

3. Vertical Integration Models

Waste management partnerships with municipalities
On-site insect farms at feed mills

4. Competitive Landscape

4.1 Market Share Analysis

Company	Market Share	Key Products	Strategic Focus
Ÿnsect	20%	Protifarm meal	Premium pet food sector
InnovaFeed	18%	HiProtein aquafeed	Industrial partnerships
Protix	15%	PROTEIX meal	Circular economy models
Enterra Feed	12%	Renewable Nutrition	Poultry feed specialization
EnviroFlight	10%	EF larvae meal	US market leadership

4.2 Emerging Players

Beta Hatch: Modular farming systems (60% growth)
Hexafly: Bioactive ingredient extraction
NextProtein: Mediterranean market focus

4.3 Recent Developments (2024)

Ÿnsect opened world's largest vertical insect farm
InnovaFeed partnered with ADM on 100,000t facility
Protix acquired by Darling Ingredients for €1.5 billion

5. Regional Analysis

5.1 Europe (XX%)

Netherlands/France lead in production capacity
EU IPIFF roadmap driving regulatory support

5.2 North America (XX%)

US dominates with 80% regional share
Canada investing in research infrastructure

5.3 Asia-Pacific (XX%)

China fastest-growing at 35% CAGR
Thailand emerging as production hub

6. Future Outlook

6.1 Short-Term Projections (2025)

Price parity with fishmeal achieved
10% penetration in poultry starter feeds

6.2 Medium-Term Outlook (2027)

30% of salmon feed containing insect protein
Automated micro-farms at feed mills

6.3 Long-Term Forecast (2031)

Mainstream acceptance in swine nutrition
3D-printed insect feed formulations

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Key Players

AgriProtein Holdings Ltd.
EnviroFlight LLC
Protix BV
Enterra Feed Corporation
InnovaFeed

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Global Insect Feed Market Report

1. Global Insect Feed Market Research Report
1. 1.1 Study Objectives
2. 1.2 Global Insect Feed Market - Overview
3. 1.3 Reason to Read This Report
4. 1.4 Methodology and Forecast Analysis
2. Global Insect Feed Market Research Report - Preface
1. 2.1 Global Insect Feed Market Research Report – Detailed Scope and Definitions
  1. 2.1.1 By Insect Type
  2. 2.1.2 By Application
  3. 2.1.3 By Region
3. Global Insect Feed Market Dynamics
1. 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
2. 3.2. Restraints – By Insect Type, By Application, By Country
3. 3.3. Opportunities – By Insect Type, By Application, By Country
4. 3.4. Trends – By Insect Type, By Application, By Country
5. 3.5. PEST Analysis
6. 3.6. Porters Five Rule Analysis
7. 3.7. Company’s Share Analysis (CSA) by Region or By Country
8. 3.8. Global Insect Feed Market Research Report – DROTs Impact Analysis
4. Global Insect Feed Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis Data 2024 - 2031
1. 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
2. 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
3. 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
4. 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
5. Global Insect Feed Market, By Insect Type, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 5.1 Black Soldier Fly
  1. 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
2. 5.2 Mealworms
  1. 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
3. 5.3 Crickets
  1. 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
4. 5.4 Others
  1. 5.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 5.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 5.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 5.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
6. Global Insect Feed Market, By Application, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 6.1 Animal Feed
  1. 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
2. 6.2 Pet Food
  1. 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
3. 6.3 Aquaculture Feed.
  1. 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
7. Global Insect Feed Market Forecast, By Region, 2019 - 2023 and 2024 - 2031 (Market Value, In USD Mn)
1. 7.1 North America
  1. 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
2. 7.2 Europe
  1. 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
3. 7.3 Asia-Pacific
  1. 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
4. 7.4 Latin America
  1. 7.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
5. 7.5 Middle East & Africa
  1. 7.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
6. 7.6 Global Insect Feed Market - Opportunity Analysis Index, By Insect Type, By Application, and Region, 2024 - 2031
8. North America Insect Feed Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 8.1 By Insect Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 8.1.1 Black Soldier Fly
  2. 8.1.2 Mealworms
  3. 8.1.3 Crickets
  4. 8.1.4 Others
  8.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 8.2.1 Animal Feed
  2. 8.2.2 Pet Food
  3. 8.2.3 Aquaculture Feed.
  8.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 8.3.1 United States
  2. 8.3.2 Canada
  8.4 North America Global Insect Feed Market – Opportunity Analysis Index, By Insect Type, By Application, and Country, 2024 - 2031
  8.5 Regional Trends Analysis
  8.6 North America Global Insect Feed Market Research Report - Company Profiles
  1. 8.6.1 Company 1 (United States)
  2. 8.6.2 Company 2 (Canada)
  3. 8.6.3 Company 3 (Canada)
9. Europe Insect Feed Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 9.1 By Insect Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 9.1.1 Black Soldier Fly
  2. 9.1.2 Mealworms
  3. 9.1.3 Crickets
  4. 9.1.4 Others
  9.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 9.2.1 Animal Feed
  2. 9.2.2 Pet Food
  3. 9.2.3 Aquaculture Feed.
  9.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 9.3.1 Germany
  2. 9.3.2 United Kingdom
  3. 9.3.3 France
  4. 9.3.4 Spain
  5. 9.3.5 Italy
  6. 9.3.6 Russia
  7. 9.3.7 Netherlands
  8. 9.3.8 Poland
  9. 9.3.9 Rest of Europe
  9.4 Europe Global Insect Feed Market – Opportunity Analysis Index, By Insect Type, By Application, and Country, 2024 - 2031
  9.5 Regional Trends Analysis
  9.6 Europe Global Insect Feed Market Research Report - Company Profiles
  1. 9.6.1 Company 1 (Germany)
  2. 9.6.2 Company 2 (United Kingdom)
  3. 9.6.3 Company 3 (United Kingdom)
10. Asia-Pacific Insect Feed Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 10.1 By Insect Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 10.1.1 Black Soldier Fly
  2. 10.1.2 Mealworms
  3. 10.1.3 Crickets
  4. 10.1.4 Others
  10.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 10.2.1 Animal Feed
  2. 10.2.2 Pet Food
  3. 10.2.3 Aquaculture Feed.
  10.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 10.3.1 China
  2. 10.3.2 Japan
  3. 10.3.3 India
  4. 10.3.4 South Korea
  5. 10.3.5 Australia & NZ
  6. 10.3.6 ASEAN
  7. 10.3.7 Rest of Asia-Pacific
  10.4 Asia-Pacific Global Insect Feed Market – Opportunity Analysis Index, By Insect Type, By Application, and Country, 2024 - 2031
  10.5 Regional Trends Analysis
  10.6 Asia-Pacific Global Insect Feed Market Research Report - Company Profiles
  1. 10.6.1 Company 1 (China)
  2. 10.6.2 Company 2 (Japan)
  3. 10.6.3 Company 3 (Japan)
11. Latin America Insect Feed Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 11.1 By Insect Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 11.1.1 Black Soldier Fly
  2. 11.1.2 Mealworms
  3. 11.1.3 Crickets
  4. 11.1.4 Others
  11.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 11.2.1 Animal Feed
  2. 11.2.2 Pet Food
  3. 11.2.3 Aquaculture Feed.
  11.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 11.3.1 Brazil
  2. 11.3.2 Mexico
  3. 11.3.3 Argentina
  4. 11.3.4 Peru
  5. 11.3.5 Colombia
  6. 11.3.6 Rest of Latin America
  11.4 Latin America Global Insect Feed Market – Opportunity Analysis Index, By Insect Type, By Application, and Country, 2024 - 2031
  11.5 Regional Trends Analysis
  11.6 Latin America Global Insect Feed Market Research Report - Company Profiles
  1. 11.6.1 Company 1 (Brazil)
  2. 11.6.2 Company 2 (Mexico)
  3. 11.6.3 Company 3 (Mexico)
12. Middle East & Africa Insect Feed Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 12.1 By Insect Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 12.1.1 Black Soldier Fly
  2. 12.1.2 Mealworms
  3. 12.1.3 Crickets
  4. 12.1.4 Others
  12.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 12.2.1 Animal Feed
  2. 12.2.2 Pet Food
  3. 12.2.3 Aquaculture Feed.
  12.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 12.3.1 Saudi Arabia
  2. 12.3.2 UAE
  3. 12.3.3 South Africa
  4. 12.3.4 Egypt
  5. 12.3.5 Israel
  6. 12.3.6 Rest of Middle East and Africa
  12.4 Middle East & Africa Global Insect Feed Market – Opportunity Analysis Index, By Insect Type, By Application, and Country, 2024 - 2031
  12.5 Regional Trends Analysis
  12.6 Middle East & Africa Global Insect Feed Market Research Report - Company Profiles
  1. 12.6.1 Company 1 (Saudi Arabia)
  2. 12.6.2 Company 2 (UAE)
  3. 12.6.3 Company 3 (UAE)
13. Competition Landscape
1. 13.1 Strategic Dashboard of Top Market Players
  13.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)
  1. 13.2.1 AgriProtein Holdings Ltd.
  2. 13.2.2 EnviroFlight LLC
  3. 13.2.3 Protix BV
  4. 13.2.4 Enterra Feed Corporation
  5. 13.2.5 InnovaFeed
14. Data Collection Method and Research Approach
15. Principal Presumptions and Acronyms

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Global Insect Feed Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis 2024 - 2031

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Global Insect Feed Market Report

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