United States Insect-based Dog Food Market Size, Industry Analysis Report By Nature (Organic, Monoprotein and Conventional), By Source (Crickets, Mealworms and Black Soldier Flies) & Region – Forecasts
- PUBLISHED ON
- 15/09/2022
- NO OF PAGES
- 270
- CATEGORY
- Food & Beverages
Even though there are many other types of pet food to pick from, insect-based pet foods are an excellent option for owners who want to feed their pets a diet that isn't based on standard livestock species. Insect meal is typically very rich in protein and its amino acid profile generally scores very well for both cats and dogs, often roughly in line with fish meal and poultry meal.
Global and United States Insect-based Dog Food Market – Overview
It is estimated for the global and United States insect-based dog food market to boost growth at a CAGR of 9.7% during the forecast period of 2022 to 2030. The market witnessed growth at a healthy rate even during the previous forecast period of 2018 to 2021.
Increasing pet adoption across the world is fostering demand for insect-based pet food. It has also resulted in the growth of the 'pet humanization' trend due to which individuals are giving equal importance to their pet's health and well-being by providing them with specialized diets.
Thus, insect-based pet food is witnessing increasing popularity among pet lovers. Shifting consumer importance toward sustainable pet food, coupled with the rising incidence of illnesses in pets through livestock-based animal food will continue driving sales of insect-based pet food during the forecast period.
Global and United States Insect-based Dog Food Market – Key Trends
Easy online availability to boost the growth of the market during the forecast period
Fast-tracked product approvals with respect to new ingredients adopted in insect-based pet food will drive the growth of the market. Easy access to insect-based treats, toppings, and jerky via various online retail platforms is estimated to drive the sales of the insect-based pet food market during the forecast period.
Increasing adoption of pets to foster the market
Increasing pet adoption across the world is fostering demand for insect-based pet food. It has also resulted in the growth of the 'pet humanization' trend due to which individuals are giving equal importance to their pet's health and well-being by providing them with specialized diets.
Global and United States Insect-based Dog Food Market – Segmental Assessment
By Nature:
• Organic
• Monoprotein
• Conventional
It is estimated for the organic segment to boost the growth of the market.
By Source:
• Crickets
• Mealworms
• Black Soldier Flies
It is estimated for the crickets segment to boost the growth of the market.
Global and United States Insect-based Dog Food Market – Geographical Landscape
It is estimated for the European region to witness immense growth in the market. The region is expected to grow at a healthy CAGR of during the forecast period. The market in Asia Pacific is projected to grow at a stable CAGR during the forecast period. The rising popularity about pets among the younger generation is estimated to foster the growth of the market in the region of Europe during the forecast period.
Global and United States Insect-based Dog Food Market – Competitive Hierarchy
The major companies in the market include The J.M. Smucker Company; The Hartz Mountain Corporation; Mars Incorporated; Hill’s Pet Nutrition, Inc; Nestlé Purina; Lupus Alimentos; Total Alimentos SA; Blue Buffalo Pet Products, Inc.; WellPet LLC; Diamond Pet Foods and so on.
Report Scope
Global and United States Insect-based Dog Food Market :Historical Years (2018 to 2021)
Global and United States Insect-based Dog Food Market :Forecast years (2022 to 2030)
Global Sonar System Market 2022 USD 5.9 billion
Global and United States Insect-based Dog Food Market CAGR 9.7%
Key Segments Reported
• By Nature (Organic, Monoprotein and Conventional)
• By Source (Crickets, Mealworms and Black Soldier Flies)
Major regions and countries covered
• North America
• Europe
• Asia Pacific
• Middle East
• Rest of the World
The major companies in the market include The J.M. Smucker Company; The Hartz Mountain Corporation; Mars Incorporated; Hill’s Pet Nutrition, Inc; Nestlé Purina; Lupus Alimentos; Total Alimentos SA; Blue Buffalo Pet Products, Inc.; WellPet LLC; Diamond Pet Foods and so on.
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