Please Wait.....
Report
Insect Feed - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 120 Pages I Mordor Intelligence
The Insect Feed Market size is estimated at USD 1.37 billion in 2025, and is expected to reach USD 2.39 billion by 2030, at a CAGR of 11.7% during the forecast period (2025-2030).
The increasing global demand for farmed fish has led to a rise in fishmeal and fish oil prices. Insect feed serves as a viable protein-rich alternative for aquafeed. Research on insect meals as fishmeal alternatives has been ongoing for the past 20 years, with promising results in aquaculture species feeding. According to the ITC Trade Map, the import value of fish in 2023 reached USD 26 million, an 8.6% increase from USD 23.9 million in 2021. Insects are gaining recognition as viable animal feed due to their high energy and protein content. Insect feed offers advantages over fresh or unprocessed dried insects, as it can be easily mixed with other feed components like ground grains and soy to form pellets of the desired composition, enabling more convenient animal feeding.
The insect feed sector has less commercial-scale production compared to conventional animal feed products. However, significant factors, including new investments by international organizations, were observed during the study period due to the market's increasing global demand. In June 2024, the International Finance Corporation (IFC) invested USD 2 million in ProNuvo, a Costa Rica-based company specializing in sustainable insect-based animal feed production. These growing investments by international organizations demonstrate confidence in the market's expansion. Additionally, insects' high feed conversion ratio, low space requirements, and supportive regulatory environment drive the insect feed market growth.
Insect Feed Market Trends
Growing Demand for Insect Protein in Aquaculture
Insects like black soldier fly larvae (BSFL) and mealworms offer a sustainable alternative to traditional feed ingredients in aquaculture due to their high protein content, essential amino acids, and other nutrients. Various organizations and companies are developing insect-based aquaculture feeds. In 2024, India's Central Marine Fisheries Research Institute (CMFRI) successfully created a BSFL-based aquafeed, which has shown positive results in improving fish growth and reducing fishmeal dependency. To advance this innovation, CMFRI has partnered with Amala Ecoclean to adapt the feed for different fish species and farming environments, aiming for commercial production.
The expanding aquaculture industry, driven by increasing global seafood demand, particularly in Asia and Europe, is creating a corresponding need for high-quality feed ingredients. This growth is reflected in the Food and Agriculture Organization of the United Nations (FAO) State of World Fisheries and Aquaculture (SOFIA) 2024 report, which states that global aquatic animal production reached 185.4 million metric tons in 2022, with 79% originating from Asia and Europe. Looking ahead, the report forecasts a 10% increase in aquatic animal production by 2032, reaching 205 million tonnes, and a 12% rise in apparent consumption, providing an average of 21.3 kg per capita in 2032. These projections underscore the importance of developing sustainable feed solutions, such as insect-based alternatives, to support the industry's growth while minimizing environmental impact.
Asia-Pacific Dominates the Market
In Asia-Pacific, increasing meat consumption has driven demand for nutritious insect feed in recent years. China leads the region's insect feed market, with meat consumption showing consistent growth. According to the Organization for Economic Co-operation and Development (OECD) in 2023, the per capita consumption of poultry meat in China, the Philippines, and Indonesia was 9.9 kg, 9.4 kg, and 8 kg respectively. To meet the growing demand for nutritious meat, livestock is being fed protein-rich insects, fostering the development of the insect feed industry for livestock, particularly poultry and swine, in China.
India ranks as the second-largest market for insect feed after China. The gradual increase in demand for meat and meat-based products has raised concerns about malnutrition, as significant areas of farmland are allocated to grow resource-intensive poultry products. In response to this trend, companies like Arthro Biotech are emerging as key players in the insect protein industry. In 2024, Arthro Biotech became the first Indian black soldier fly (BSF) insect protein producer to receive EU TRACES Certification, with a current production capacity of 500 metric tons of insect protein per annum.
The growth of the insect feed market is further propelled by the expansion of companies in the region. A notable example is Entobel, a global leader in the sustainable production of functional insect-based ingredients for animal feed and plant nutrition. In 2023, Entobel set an industry record by opening the largest insect protein production plant in Asia, located in Vietnam. This state-of-the-art facility produces black soldier fly (BSF) in 50 levels of vertical rearing, utilizing advanced sensors and data analytics, demonstrating the industry's commitment to innovation and large-scale production to meet the growing demand for insect-based feed in the Asia-Pacific region.
Insect Feed Industry Overview
The global insect feed market is characterized by fragmentation, with numerous new entrants holding small market shares. Key players such as Hipromine SA, Protix, Loopworm, Ynsect, and Darling Ingredients Inc. dominate the market. These companies employ strategies including acquisitions, partnerships, and expansions to enhance their research capabilities and marketing efforts in the insect feed industry.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 High Feed Conversion Ratio of Insects
4.2.2 Innovations in Insect Farming and Processing
4.2.3 Demand for Sustainable and Alternative Protein Source
4.3 Market Restraints
4.3.1 Regulatory and Legislative Barriers
4.3.2 Cultural and Consumer Acceptance
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Animal Type
5.1.1 Aquaculture
5.1.2 Poultry
5.1.3 Swine
5.1.4 Other Animal Types
5.2 Geography
5.2.1 North America
5.2.1.1 United States
5.2.1.2 Canada
5.2.1.3 Mexico
5.2.1.4 Rest of North America
5.2.2 Europe
5.2.2.1 Germany
5.2.2.2 United Kingdom
5.2.2.3 France
5.2.2.4 Russia
5.2.2.5 Spain
5.2.2.6 Rest of Europe
5.2.3 Asia-Pacific
5.2.3.1 China
5.2.3.2 Japan
5.2.3.3 India
5.2.3.4 Rest of Asia-Pacific
5.2.4 South America
5.2.4.1 Brazil
5.2.4.2 Argentina
5.2.4.3 Rest of South America
5.2.5 Middle East and Africa
5.2.5.1 United Arab Emirates
5.2.5.2 Egypt
5.2.5.3 Rest of Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Hipromine SA
6.3.2 nextProtein
6.3.3 Darling Ingredients Inc.
6.3.4 Protix BV
6.3.5 InnovaFeed SAS
6.3.6 Nasekomo AD
6.3.7 Ynsect
6.3.8 Beta Hatch Inc.
6.3.9 Entomo Farms
6.3.10 Hexafly Enterprises Limited
6.3.11 Loopworm Private Limited
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security