All updated as on -
The worldwide market for insect fertilizers was worth USD 65.49 million in 2022, and it is expected to increase at a CAGR of 25.3% from USD 68.59 million in 2023 to USD 321.20 million by 2030.
Fertilizers are essential for increasing yield and guaranteeing nutritionally sound food because they provide the soil with the right balance of nutrients. Insect fertilisers have the same quality as commercial fertiliser products without the downsides of chemical fertilisers. Fertilizers and soil improvers are made from insect products after they have been sterilized at 70 degrees Celsius for an hour.
This step is essential for ensuring that the fertilizer is clean and safe to use. As a biopesticide and a source of frost-resistant seed coatings, insect fertilizers contribute to healthy soil, robust plant growth, and crop security. As a result of these many benefits, insect fertilisers are becoming increasingly popular in the agricultural industry. Furthermore, the use of insect fertilisers in farming limits the transformation and buildup of heavy metals in food crops. Crop yields, soil nutrient availability, and organic carbon storage and quality are all boosted as a result. These advantages suggest that insect frass will rise in popularity as an organic composting material in the near future.
Types of Insecticides on the Market
The market for insect fertilizers is estimated to be worth over $600 million by 2022, with the black soldier fly segment making up the greatest part. Also, during the projected period, this market segment is anticipated to expand at a higher rate than any other. The growing awareness of the use of black soldier fly larvae to convert waste into organic fertiliser; the increasing production of waste from restaurants, agriculture, and the food and beverage industries; and the increasing urbanization in developing countries are all factors driving the growth of this market.
Market Segmentation for Insecticides
The cereals & grains subsegment is projected to be the major use of insect fertilisers in 2022. The rising demand for organic cereals from both established and developing nations might be linked to the possible health benefits supplied by organic cereals, which in turn accounts for this segment's substantial market share. However, during the projected period, the fruits and vegetables sector is anticipated to expand at the quickest CAGR. This market is expanding rapidly due to several factors, including the rising worldwide production of fruits and vegetables, the rising demand for organic fruits and vegetables, and the rising number of illnesses affecting fruit and vegetable crops.
Factors Influencing the Sales of Insecticides
Growth in Insect Fertilizer Sales Caused by Crop Benefits
Use of BSF Frass in agriculture has contributed to the expansion of the insect fertilisers market. However, many farmers, especially those in poor and middle-income countries, lack access to the numerous fertiliser inputs needed for intensive crop development because of their high cost and limited availability. There is growing concern that the usage of mineral fertilizers in farming is unsustainable due to the high energy requirements of their manufacturing. Therefore, there is a great deal to be gained by investigating the black soldier fly as a new type of fertilizer for farmers.
Factors Limiting the Market for Insect Fertilizers
Market expansion will be stifled by tariffs on international trade.
China, a major producer and consumer of organic fertilizers, has seen the market for insect fertilizers suffer as a result of the COVID-19 outbreak. Limitations on the export and import of fertilisers and raw materials, primarily animal waste, to and from China's restricted zones had a negative influence on the supply chain. Because of this, production, sales, and business operations in this industry were all hampered.
Strategic Market Shifts
BSFL has the potential to transform food scraps into high-quality fertilizers. Because of the benefits these products provide in agriculture and the increasing amount of trash, the market for BSF grass fertilisers is expected to grow. Insect fertilizers serve as a biopesticide and provide frost-resistant seed coverings, and they also promote plant development and soil improvement. As a result of these many benefits, insect fertilisers are becoming increasingly popular in the agricultural industry.
Report Coverage
Global Insect Fertilizers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Insect Fertilizers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Insect Fertilizers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Insect Fertilizers market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Insect Fertilizers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Insect Fertilizers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Enterra Feed Corporation, AgriProtein Technologies, Protix, InnovaFeed, EnviroFlight LLC, Hexafly, Bioflytech, NextProtein, Ÿnsect, Beta Hatch, Entocycle, Protenga, AgriProtein, Entofood, Entomo Farms, Ÿnsect SAS, EnviroFlight, LLC, AgriProtein Holding Ltd., Innovafeed
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Insect Fertilizers market based on the below-mentioned segments:
Global Insect Fertilizers Market, By Type
soldier flies
mealworms
crickets
buffalo worms
grasshoppers
ants
silkworms
cicadas
others
Global Insect Fertilizers market, By Application
cereals and grains
fruits and vegetables
other applications
Global Insect Fertilizers market, Regional Analysis
Fertilizers are essential for increasing yield and guaranteeing nutritionally sound food because they provide the soil with the right balance of nutrients. Insect fertilisers have the same quality as commercial fertiliser products without the downsides of chemical fertilisers. Fertilizers and soil improvers are made from insect products after they have been sterilized at 70 degrees Celsius for an hour.
This step is essential for ensuring that the fertilizer is clean and safe to use. As a biopesticide and a source of frost-resistant seed coatings, insect fertilizers contribute to healthy soil, robust plant growth, and crop security. As a result of these many benefits, insect fertilisers are becoming increasingly popular in the agricultural industry. Furthermore, the use of insect fertilisers in farming limits the transformation and buildup of heavy metals in food crops. Crop yields, soil nutrient availability, and organic carbon storage and quality are all boosted as a result. These advantages suggest that insect frass will rise in popularity as an organic composting material in the near future.
Types of Insecticides on the Market
The market for insect fertilizers is estimated to be worth over $600 million by 2022, with the black soldier fly segment making up the greatest part. Also, during the projected period, this market segment is anticipated to expand at a higher rate than any other. The growing awareness of the use of black soldier fly larvae to convert waste into organic fertiliser; the increasing production of waste from restaurants, agriculture, and the food and beverage industries; and the increasing urbanization in developing countries are all factors driving the growth of this market.
Market Segmentation for Insecticides
The cereals & grains subsegment is projected to be the major use of insect fertilisers in 2022. The rising demand for organic cereals from both established and developing nations might be linked to the possible health benefits supplied by organic cereals, which in turn accounts for this segment's substantial market share. However, during the projected period, the fruits and vegetables sector is anticipated to expand at the quickest CAGR. This market is expanding rapidly due to several factors, including the rising worldwide production of fruits and vegetables, the rising demand for organic fruits and vegetables, and the rising number of illnesses affecting fruit and vegetable crops.
Factors Influencing the Sales of Insecticides
Growth in Insect Fertilizer Sales Caused by Crop Benefits
Use of BSF Frass in agriculture has contributed to the expansion of the insect fertilisers market. However, many farmers, especially those in poor and middle-income countries, lack access to the numerous fertiliser inputs needed for intensive crop development because of their high cost and limited availability. There is growing concern that the usage of mineral fertilizers in farming is unsustainable due to the high energy requirements of their manufacturing. Therefore, there is a great deal to be gained by investigating the black soldier fly as a new type of fertilizer for farmers.
Factors Limiting the Market for Insect Fertilizers
Market expansion will be stifled by tariffs on international trade.
China, a major producer and consumer of organic fertilizers, has seen the market for insect fertilizers suffer as a result of the COVID-19 outbreak. Limitations on the export and import of fertilisers and raw materials, primarily animal waste, to and from China's restricted zones had a negative influence on the supply chain. Because of this, production, sales, and business operations in this industry were all hampered.
Strategic Market Shifts
BSFL has the potential to transform food scraps into high-quality fertilizers. Because of the benefits these products provide in agriculture and the increasing amount of trash, the market for BSF grass fertilisers is expected to grow. Insect fertilizers serve as a biopesticide and provide frost-resistant seed coverings, and they also promote plant development and soil improvement. As a result of these many benefits, insect fertilisers are becoming increasingly popular in the agricultural industry.
Report Coverage
Global Insect Fertilizers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Insect Fertilizers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Insect Fertilizers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Insect Fertilizers market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Enterra Feed Corporation, AgriProtein Technologies, Protix, InnovaFeed, EnviroFlight LLC, Hexafly, Bioflytech, NextProtein, Ÿnsect, Beta Hatch, Entocycle, Protenga, AgriProtein, Entofood, Entomo Farms, Ÿnsect SAS, EnviroFlight, LLC, AgriProtein Holding Ltd., Innovafeed |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Insect Fertilizers Market from 2021 to 2030.
- Market Forecast for Insect Fertilizers Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Insect Fertilizers competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Insect Fertilizers
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Insect Fertilizers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Insect Fertilizers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Enterra Feed Corporation, AgriProtein Technologies, Protix, InnovaFeed, EnviroFlight LLC, Hexafly, Bioflytech, NextProtein, Ÿnsect, Beta Hatch, Entocycle, Protenga, AgriProtein, Entofood, Entomo Farms, Ÿnsect SAS, EnviroFlight, LLC, AgriProtein Holding Ltd., Innovafeed
Primary Target Market
- Market Players of Insect Fertilizers
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Insect Fertilizers market based on the below-mentioned segments:
Global Insect Fertilizers Market, By Type
soldier flies
mealworms
crickets
buffalo worms
grasshoppers
ants
silkworms
cicadas
others
Global Insect Fertilizers market, By Application
cereals and grains
fruits and vegetables
other applications
Global Insect Fertilizers market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive insect fertilizers market market research and competitor analysis for your business to help you develop more profound insights into the insect fertilizers market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the insect fertilizers market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.