Industry Background:
Insect media analyze how insects forms of social organization such as swarms, hives, webs, and distributed intelligence. And it is used to structure modern media technologies and the network society. With the engagement with the pioneering work of insect ethologists, posthumanist philosophers, media theorists, and contemporary film makers and artists. With the help of insect media, theories define the natural and artificial view.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Thermo Fisher Scientific (United States), Lonza (Switzerland), Sigma Aldrich (United States), Kohjin (Japan), Pan-Biotech (Germany), Wisent Bio Products (Canada) and Biological Industries Bioind (Israel) |
According to AMA, the market for Insect Media is expected to register a CAGR of 11.8% during the forecast period to 2030. This growth is primarily driven by Advancement in entomologists and Innovation in Media Technologies.
Globally, a noticeable market trend is evident Technology advancement in biology Major Vendors, such as Thermo Fisher Scientific (United States), Lonza (Switzerland), Sigma Aldrich (United States), Kohjin (Japan), Pan-Biotech (Germany), Wisent Bio Products (Canada) and Biological Industries Bioind (Israel), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies.
Key Developments in the Market:
In October 2023, Tyson Foods and Protix also announced a joint venture to build a U.S. insect ingredient plant. This partnership aims to upcycle food manufacturing byproducts into high-quality insect proteins and lipids for use in the pet food, aquaculture, and livestock industries.
In February 2024, Innovafeed unveils new brand to unlock the power of insects. The company’s product range has been extended with the launch of two new solutions, an insect oil for aquaculture and an insect protein for monogastrics.
Influencing Trend:
Technology advancement in biology
Market Growth Drivers:
Advancement in entomologists and Innovation in Media Technologies
Challenges:
Lack of Awareness Among People
Opportunities:
Increase Number of Research Institutes in Emerging Economies
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Insect Media Market
- Analysis about New Entrants in Insect Media Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Insect Media Study Sheds Light on
The Insect Media Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Insect Media industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Insect Media industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.