Global Insect-based Pet Food Market Growth 2023-2029

Global Insect-based Pet Food Market Growth 2023-2029

Product Code:619987

Published Date: Mar 22,2023

Pages: 116

Region: Global

Category: Food & Beverages

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The global Insect-based Pet Food market size is projected to grow from US$ 98.7 million in 2022 to US$ 190.6 million in 2029; it is expected to grow at a CAGR of 190.6 from 2023 to 2029.

The main global manufacturers of insect-based pet food are Mars Petcare, Yora Pet Foods, Entoma Petfood, Leshi, Tomojo, Green Petfood, petgood, Orgafeed, etc. The top five manufacturers occupy more than 10% of the market share. Global insect protein pet food production regions are mainly located in North America, Europe, Japan, China, etc., of which Europe is the largest production region, occupying 59.61% of the market share. In terms of its product categories, insect protein pet food made from black soldier fly (BSF) occupies the largest market share of 59.8%, while products made from crickets account for 22.52%. In terms of its applications, semiconductor dog food is its number one application area, with the largest production volume and the highest market share of 60.78%, followed by cat food with a share of 29.54%.

Insect-based pet food is pet food consisting of, or containing insects digestible by pets such as dogs or cats. A limited, but growing number of products are available on the market, including insect-based cat food, dog food, and pet treats.

LPI (LP Information)' newest research report, the “Insect-based Pet Food Industry Forecast” looks at past sales and reviews total world Insect-based Pet Food sales in 2022, providing a comprehensive analysis by region and market sector of projected Insect-based Pet Food sales for 2023 through 2029. With Insect-based Pet Food sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Insect-based Pet Food industry.

This Insight Report provides a comprehensive analysis of the global Insect-based Pet Food landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Insect-based Pet Food portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Insect-based Pet Food market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Insect-based Pet Food and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Insect-based Pet Food.

This report presents a comprehensive overview, market shares, and growth opportunities of Insect-based Pet Food market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Black Soldier Fly (BSF)
    Cricket
    Others

Segmentation by application
    Dog Food
    Cat Food
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Mars Petcare
    Yora Pet Foods
    Entoma Petfood
    Leshi
    Tomojo
    Green Petfood
    petgood
    Orgafeed
    Wilder Harrier
    Entovet
    Percuro
    Jiminy's
    HOPE Pet Food
    MERA
    BuggyBix
    AARDVARK

Key Questions Addressed in this Report
What is the 10-year outlook for the global Insect-based Pet Food market?
What factors are driving Insect-based Pet Food market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Insect-based Pet Food market opportunities vary by end market size?
How does Insect-based Pet Food break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?