Insect Feed Market is estimated to be US$ 2826.77 billion by 2030 with a CAGR of 12.8 % during the forecast period
Insect Feed Market accounted for US$ 847.57 billion in 2020 and is estimated to be US$ 2826.77 billion by 2030 and is anticipated to register a CAGR of 12.8%. Various varieties of insects can be utilised as feed for industrial animal production and aquaculture due to their nutritional profile, particularly the high protein content. Pigs, chickens, and edible fish have all been given an insect-based diet in scientific studies. Insects can provide swine and poultry with enough protein and necessary amino acids to potentially replace soybean meal in their diets. Incorporating black soldier fly larvae into a fish farming diet resulted in a satisfactory outcome with no differences in odour or texture. The report " Global Insect Feed Market, By Product (Meal Worms, Fly Larvae and Others), By Application (Aquaculture, Pig Nutrition, Poultry Nutrition and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis