Manufacturers in the global edible insects for animal feed market are accelerating their growth by increasing their offerings in the commercial market. This is being witnessed mainly in Europe, where insect-based feed manufacturers are improving the commercialization of insect-based proteins. The authentication of insect proteins for use in aquafeed by the European Food Safety Authority (EFSA) and EU member states is anticipated to drive the growth of the global edible insects for animal feed market.
The global edible insects for animal feed market is projected to register an exponential growth rate of 39% over the forecast period of 2020-2030, and reach a valuation of US$ 72 Bn by 2030.
Key Takeaways from Edible Insects for Animal Feed Market Study
Request for Sample Report: https://www.persistencemarketresearch.com/samples/12394
“The global edible insect for animal feed market is projected to witness highly impressive growth. Investing in the breeding and processing of black soldier fly-based products is anticipated to result in substantial profits for players in the market,” says a PMR analyst.
Global Edible Insects for Animal Feed Market: Competitive Landscape
Leading players in the global edible insects for animal feed market are primarily investing in enhancing their production capacity, primarily as a result of the increasing demand for edible insect-based products for animal feed.
Access to new technology has improved production methods, quality, and safety of insect farming, and processing. Manufacturers are collaborating with technology providers to establish technologically-advanced production facilities for efficient insect farming and processing.
Request for customization: https://www.persistencemarketresearch.com/request-customization/12394
Explore More Valuable Insights on Edible Insects for Animal Feed Market
Persistence Market Research, in its new report, offers an impartial analysis of the global edible insects for animal feed market, presenting historical data (2015-2019) and estimation statistics for the period of 2020-2030. The study offers compelling insights on the edible insects for animal feed market based on insect type (black soldier fly, orthoptera, housefly, silkworm, mealworm, and others), product type (meal, oil, and whole), and end use (livestock, pet food, and aquaculture), across five regions.
For In-Depth Competitive Analysis, Buy Now @https://www.persistencemarketresearch.com/checkout/12394