The 2023 Report on Edible Insects for Animal Feeds: World Market Segmentation by City

The 2023 Report on Edible Insects for Animal Feeds: World Market Segmentation by City

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This report used to be created for global strategic planners who cannot be content with traditional methods of segmenting world markets. With the advent of a “borderless world”, cities turn out to be a more important criteria in prioritizing markets, as opposed to regions, continents, or countries. This report covers the top 2,000 cities in over 200 countries. It does so by reporting the estimated market size (relating to latent demand) for each major city of the world. It then ranks these cities and reports them relating to their size as a percent of the country where they are located, their geographic region (e.g. Africa, Asia, Europe, Middle East, North The united states, Latin The united states), and the total world market.

In this report we define the sales of edible insects for animal feeds as including all commonly understood products and/or services and products falling within this broad category, regardless of product packaging, formulation, size, or form. Companies participating in this industry include Agriprotein Holdings, Beta Hatch, DeliBugs, Enterra Feed, Entobel, Entomo Farms, EnviroFlight, Haocheng Mealworms, Hexafly Biotech, HiProMine SA, InnovaFeed, Kreca Ento-Feed BV, Mutatec, NextProtein, Nusect, Nutrition Technologies Group, Protenga, Protix, and Ynsect SAS. Along with the sources indicated, additional information to be had to the public via news and/or press releases published by players in the industry used to be considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and aren’t adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant someday at the current level (the average of the year of this publication’s release in 2022).

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