According to our projections, the worldwide demand for insect feeds can be pegged at roughly US$ 1,561 million for 2023. Furthermore, the sales of insect feeds are projected to rise globally at a pace of 17.9% per year from 2023 to 2033. Ultimately, the global insect feed market’s net value will reach almost US$ 8,124 million by 2033. As many animals …
Tag Archives: Insect Feed Market Industry forecast
Global Insect Feed Market to Surge by 17.9% CAGR by 2033, Predicts Future Market Insights, Inc.
The insect feed market is buzzing with potential as it undergoes a remarkable transformation in the global agricultural landscape. Traditionally, insects were seen as pests, but they’ve now emerged as a sustainable and nutritious source of animal feed. Rich in protein and low in greenhouse gas emissions, insects like black soldier fly larvae and mealworms …
Insect Feed Market Set to Soar to US$ 8.1 Million by 2033, Fueled by Rising Demand for Nutrient-Rich Feed and Protein Alternatives
The total worth of the global insect feed market could be around US$ 1,561 million in 2023. Over the forecast years from 2023 to 2033, the worldwide demand for insect feed is expected to grow annually at a rate of 17.9%. By the end of 2033, the net worth of the market is projected to reach US$ 8,124 …