Due to its excellent nutritional profile, a variety of insect-based ingredients are utilised as feed for fed animals like dogs. Due to the combination of chemicals and other raw materials used in their production, these feeds are classified as high protein meals for animals. Chitin, lauric acid, and antimicrobial peptides are among the bioactive components found in the majority of insects used to manufacture dog food. These substances strengthen dogs' immune systems and shield them against a number of diseases. House fly maggots, black sol-dier fly larvae, mealworms, locusts, silkworms, and crickets are a few of the popular insects used as dog food.
A wide range of insect based components are used as feed for fed animals like dogs due to their rich nutritional profile. These feeds are regarded as high protein meals for animals as they are made with the combination of additives and other raw materials. Most of the insects used for make dog food possess bioactive components such as chitin, lauric acid, and antimicrobial peptides. These elements boost the immune system of dogs thereby preventing the occurrence of various ailments. Some of the common insects used as dog feed are house fly maggots, black sol-dier fly larvae, mealworms, locusts, silkworms, and crickets, among others.
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.
Key growth determinants and restraints
The growing trends of pet adoption worldwide and rising prevalence of various ailments among pet dogs are primarily augmenting the outlook of this business vertical.
The wide array of health benefits offered by insect based dog food and increasing R&D investments in the field are creating lucrative opportunities for the marketplace to prosper.
Also, rising trends of pet humanization due to the rapid increase in the number of nuclear families is adding momentum to the progression of this industry sphere.
Furthermore, surging focus of players to develop highly effective and flavorful insect based dog feed is bolstering the growth of this market. Besides, growing popularity of online sales channels and rising disposable income level of pet owners are positively influencing the dynamics of this industry.
On the contrary, lack of cognizance regarding the advantages offered by insect based dog food is hindering the remuneration scope of this market.
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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 since organic dog food do not contain any toxic chemicals or additives.
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
The major regions constituting the geographical ambit of this business vertical are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. The market in Asia Pacific is projected to grow at a stable CAGR during the forecast period due to rising popularity about pets among the younger generation.
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.
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Key questions answered in the report
- What is the estimated growth rate for the market during the forecast period?
- Which are some of the factors that are boosting the growth of the market?
- What is the reason for increasing popularity of the market?
- Who are some of the major players in the market?
- Which region is estimated to boost the growth of the market during the forecast period?
Key takeaways from the report
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.
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.
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.
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.
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