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Global Insect-based Pet Food Market to reach USD 12.1 billion by 2028

Global Insect-based Pet Food Market Size study, by Nature (Organic, Monoprotein, Conventional), by Source (Crickets, Mealworms, Black Soldier Flies), by Product (Kibble/Dry, Dehydrated Food, Frozen, Raw Food, Powder), by Pet (Cat, Dog, Birds & Others), by Distribution Channel (Store-based, Online Retailers) and Regional Forecasts 2022-2028

Product Code: OIRFB-86075327
Publish Date: 30-04-2022
Page: 200

Global Insect-based Pet Food Market is valued at approximately USD 6.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.3 % over the forecast period 2022-2028. Insect-based Pet Food consists of edible insects digestible by pets. It is nutritious, as it contains protein, vitamins, minerals, and fiber The increasing adoption of pets has led to the adoption of Insect-based Pet Food across the forecast period. For Instance: according to Woof Dog, in 2020, the population of dogs was 900 million globally. In India population of pet dogs is approx. 32 million and in Japan it is 9.5 million. In Europe, the total number of pets is 43 million. Whereas, in Brazil total number of pet dogs is approximately 30 million. Rising awareness towards nutritional diet for pets enhances the market growth of Insect-based Pet food. Also, with the increasing spending towards pet care and health, the adoption & demand for Insect-based Pet Food is likely to increase the market growth during the forecast period. However, threat of substitutes impedes the growth of the market over the forecast period of 2022-2028.

The geographical regions considered for the Global Insect-Based Pet Food Market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is considered as the leading region across the globe in terms of huge market share due to the growing number of pet owners, rising adoption of insect-based pet food and, awareness towards pet healthcare. Whereas, Asia-Pacific is also estimated to attain a maximum growth rate during 2022-2028. Factors such as rising disposable income, changing lifestyle, and rising adoption of pets would create beneficial growth forecasts for the Insect-based Pet Food market across Asia-Pacific region.

Major market players included in this report are:
Mars Incorporated
Agri Protein Holdings Ltd
Beta Hatch

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Nature:
By Source:
Black Soldier Flies
By Product:
Dehydrated Food
Raw Food
By Pet:
Birds & Others
By Distribution Channel:
Online Retailers

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Insect-based Pet Food Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global Insect-based Pet Food Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global Insect-based Pet Food Market, by Nature, 2020-2028 (USD Billion)
1.2.3. Global Insect-based Pet Food Market, by Source, 2020-2028 (USD Billion)
1.2.4. Global Insect-based Pet Food Market, by Product, 2020-2028 (USD Billion)
1.2.5. Global Insect-based Pet Food Market, by Pet, 2020-2028 (USD Billion)
1.2.6. Global Insect-based Pet Food Market, by Distribution Channel, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Insect-based Pet Food Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Insect-based Pet Food Market Dynamics
3.1. Insect-based Pet Food Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Increasing adoption of pets Rising awareness towards nutritional diet for pets
3.1.2. Market Challenges Threat of substitutes
3.1.3. Market Opportunities Increasing spending towards pet care and health
Chapter 4. Global Insect-based Pet Food Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Insect-based Pet Food Market, by Nature
6.1. Market Snapshot
6.2. Global Insect-based Pet Food Market by Nature, Performance – Potential Analysis
6.3. Global Insect-based Pet Food Market Estimates & Forecasts by Nature, 2019-2028 (USD Billion)
6.4. Insect-based Pet Food Market, Sub Segment Analysis
6.4.1. Organic
6.4.2. Monoprotein
6.4.3. Conventional
Chapter 7. Global Insect-based Pet Food Market, by Source
7.1. Market Snapshot
7.2. Global Insect-based Pet Food Market by Source, Performance – Potential Analysis
7.3. Global Insect-based Pet Food Market Estimates & Forecasts by Source, 2019-2028 (USD Billion)
7.4. Insect-based Pet Food Market, Sub Segment Analysis
7.4.1. Crickets
7.4.2. Mealworms
7.4.3. Black Soldier Flies
Chapter 8. Global Insect-based Pet Food Market, by Product
8.1. Market Snapshot
8.2. Global Insect-based Pet Food Market by Product, Performance – Potential Analysis
8.3. Global Insect-based Pet Food Market Estimates & Forecasts by Product, 2019-2028 (USD Billion)
8.4. Insect-based Pet Food Market, Sub Segment Analysis
8.4.1. Kibble/Dry
8.4.2. Dehydrated Food
8.4.3. Frozen
8.4.4. Raw Food
8.4.5. Powder
Chapter 9. Global Insect-based Pet Food Market, by Pet
9.1. Market Snapshot
9.2. Global Insect-based Pet Food Market by Pet, Performance – Potential Analysis
9.3. Global Insect-based Pet Food Market Estimates & Forecasts by Pet, 2019-2028 (USD Billion)
9.4. Insect-based Pet Food Market, Sub Segment Analysis
9.4.1. Cat
9.4.2. Dog
9.4.3. Birds & Others
Chapter 10. Global Insect-based Pet Food Market, by Distribution Channel
10.1. Market Snapshot
10.2. Global Insect-based Pet Food Market by Distribution Channel, Performance – Potential Analysis
10.3. Global Insect-based Pet Food Market Estimates & Forecasts by Distribution Channel, 2019-2028 (USD Billion)
10.4. Insect-based Pet Food Market, Sub Segment Analysis
10.4.1. Store-based
10.4.2. Online Retailers
Chapter 11. Global Insect-based Pet Food Market, Regional Analysis
11.1. Insect-based Pet Food Market, Regional Market Snapshot
11.2. North America Insect-based Pet Food Market
11.2.1. U.S. Insect-based Pet Food Market Nature breakdown estimates & forecasts, 2019-2028 Source breakdown estimates & forecasts, 2019-2028 Product breakdown estimates & forecasts, 2019-2028 Pet breakdown estimates & forecasts, 2019-2028 Distribution Channel breakdown estimates & forecasts, 2019-2028
11.2.2. Canada Insect-based Pet Food Market
11.3. Europe Insect-based Pet Food Market Snapshot
11.3.1. U.K. Insect-based Pet Food Market
11.3.2. Germany Insect-based Pet Food Market
11.3.3. France Insect-based Pet Food Market
11.3.4. Spain Insect-based Pet Food Market
11.3.5. Italy Insect-based Pet Food Market
11.3.6. Rest of Europe Insect-based Pet Food Market
11.4. Asia-Pacific Insect-based Pet Food Market Snapshot
11.4.1. China Insect-based Pet Food Market
11.4.2. India Insect-based Pet Food Market
11.4.3. Japan Insect-based Pet Food Market
11.4.4. Australia Insect-based Pet Food Market
11.4.5. South Korea Insect-based Pet Food Market
11.4.6. Rest of Asia Pacific Insect-based Pet Food Market
11.5. Latin America Insect-based Pet Food Market Snapshot
11.5.1. Brazil Insect-based Pet Food Market
11.5.2. Mexico Insect-based Pet Food Market
11.6. Rest of The World Insect-based Pet Food Market

Chapter 12. Competitive Intelligence
12.1. Top Market Strategies
12.2. Company Profiles
12.2.1. InnovaFeed Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
12.2.2. Ynsect
12.2.3. Protix
12.2.4. Purina
12.2.5. Mars Incorporated
12.2.6. Agri Protein Holdings Ltd
12.2.7. Enterra
12.2.8. Entocycle
12.2.9. Beta Hatch
12.2.10. Entobel
Chapter 13. Research Process
13.1. Research Process
13.1.1. Data Mining
13.1.2. Analysis
13.1.3. Market Estimation
13.1.4. Validation
13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
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