Western Europe’s Insect Feed Market Set to Reach US$ 352.9 Million by 2023 with 16.6% CAGR Growth | FMI Projection

Insect Feed Market

The rising demand for insect feed in Western Europe is anticipated to reach a valuation of US$ 352.9 million in 2023. The Western European industry is expected to experience a significant CAGR of 16.6% between 2023 and 2033. The increasing demand for nutrient-rich protein grains is driving the adoption of insect feed.

Rising consumer demand for high-quality feed and sustainable protein is contributing to the increased adoption of insect feed. Western Europe’s insect feed industry is projected to reach a valuation of US$ 1,644.3 million by 2033. The growing number of zoology and animal care centers is boosting the demand for soya and fish meals, further advancing the insect feed industry in Western Europe.

Consumers seeking high-quality, sustainable, and premium insect feed are driving the adoption of meal powder. These meal powders improve digestion, and the promotion of a healthy lifestyle for chickens and ducks is gaining massive popularity in Western Europe. Manufacturers are developing products with high calcium and protein for better nutritional quality among insects. The rising demand for proper nutrition and a balanced diet for insects is advancing the adoption of meal powder in Western Europe.

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Rapidly surging insect farming is gaining massive popularity in Western Europe, increasing the demand for insect feed. Consumers are expressing environmental concerns and are driving the adoption of insect farming for its nutritional benefits in Western Europe. Manufacturers are developing conventional insect feed for aquatic species, ducks, and poultry farms to provide proper dietary options and meet end users’ requirements.

Consumers are enhancing their pets’ nutrition by adopting insect feed to improve their lifestyles in Western Europe. Numerous livestock rely on insect feed, contributing to their overall health. These livestock and insect frass are widely used in agriculture for fertilization, promoting sustainable practices in Western Europe.

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Competitive Landscape

Key players are bringing innovative ideas to develop sustainable, cost-effective feed to meet end users’ desires. They are adopting diverse strategies to fuel the insect feed industry in Western Europe.

Key Companies Profiled

  • Nextprotein
  • Buhler AG
  • Hexafly
  • Entofood
  • Diptera Nutrition
  • Enviroflight
  • Coppens
  • Agriprotein
  • Others

Recent Developments in the Western Europe Feed Insect Industry

  • In 2021, Innovafeed announced its newly launched insect feed with sustainable practices in collaboration with Auchan to reduce carbon footprints.
  • In 2022, Innovafeed announced its manufacturing techniques, investing 3 million in Europe.

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Key Segments

By Product Type:

  • Meal (Powder)
  • Live insect meal
  • Whole (Dried Insects)

By Insect Type:

  • Black Soldier Flies
  • Fly Larvae
  • Silkworms
  • Cicadas
  • Other Insects

By Nutrition:

  • Aquaculture
  • Pig Nutrition
  • Poultry Nutrition
  • Dairy Nutrition
  • Others

By Country:

  • United Kingdom
  • Germany
  • France
  • BENELUX
  • Sweden
  • Norway
  • Denmark
  • Italy
  • Spain

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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