| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 1.37 Billion |
| Market Size (2030) | USD 2.39 Billion |
| CAGR (2025 - 2030) | 11.70 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Insect Feed Market Analysis
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.
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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.
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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.
Insect Feed Market Leaders
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Ynsect
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Loopworm
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Protix BV
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Hipromine SA
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Darling Ingredients Inc.
- *Disclaimer: Major Players sorted in no particular order
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Insect Feed Market News
- February 2024: Vinh Hoan, the world's largest pangasius fish producer, has formed a partnership with Entobel, a prominent insect protein producer, to source sustainable feed ingredients. This strategic alliance involves Vinh Hoan incorporating substantial amounts of insect protein into its feed formulations.
- January 2024: The European Investment Bank (EIB) has granted a loan of up to EUR 37 million (USD 39.1 million) to Protix, a prominent insect protein producer. This funding supports Protix's expansion into new markets and enables the scaling up of its sustainable protein production through the construction of a new production facility in Poland.
Insect Feed Industry Segmentation
Insect feeds are high-protein meals formulated from various raw materials and additives. These blends are tailored to meet the specific nutritional requirements of target animals, particularly for use in aquaculture. Feed compounders manufacture these products in various forms, including meals, pellets, and crumbles. This report focuses exclusively on insect feed and provides an in-depth analysis of the segments and factors driving growth in the commercial insect feed market.
The insect feed market is segmented by animal type and geography. Animal type segments include aquaculture, poultry, swine, and other animal types. Geographically, the market is divided into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The report provides market sizing and forecasts in terms of value (USD) for all segments.
| Animal Type | Aquaculture | |
| Poultry | ||
| Swine | ||
| Other Animal Types | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Russia | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle East and Africa | United Arab Emirates |
| Egypt | ||
| Rest of Middle East and Africa |
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Insect Feed Market Research Faqs
How big is the Insect Feed Market?
The Insect Feed Market size is expected to reach USD 1.37 billion in 2025 and grow at a CAGR of 11.70% to reach USD 2.39 billion by 2030.
What is the current Insect Feed Market size?
In 2025, the Insect Feed Market size is expected to reach USD 1.37 billion.
Who are the key players in Insect Feed Market?
Ynsect, Loopworm, Protix BV, Hipromine SA and Darling Ingredients Inc. are the major companies operating in the Insect Feed Market.
Which is the fastest growing region in Insect Feed Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Insect Feed Market?
In 2025, the Asia-Pacific accounts for the largest market share in Insect Feed Market.
What years does this Insect Feed Market cover, and what was the market size in 2024?
In 2024, the Insect Feed Market size was estimated at USD 1.21 billion. The report covers the Insect Feed Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Insect Feed Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Insect Feed Industry Report
The global market for insect feed is segmented by animal type, including aquaculture, poultry, swine, and other animal types, and by geography, covering North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The industry report offers a comprehensive market analysis and forecast, providing insights into market trends and market growth. This market report includes a detailed market segmentation and market overview, offering valuable market data and market value estimations.
Industry reports and market research highlight the market outlook and industry outlook, emphasizing the market size and market leaders. Industry analysis and industry information also provide a thorough industry overview and industry statistics. The market forecast and market predictions are essential for understanding the market dynamics and market review.
This report example includes a free report PDF download, making it accessible for further industry research and industry sales analysis. The industry trends and market growth rate are crucial for understanding the market's future potential. This market report is an essential resource for research companies looking to gain insights into the insect feed market.
