Insect Fertilizers Market Size, Share, Growth Analysis, By Application(cereals and grains, fruits and vegetables), By Type(soldier flies, mealworms) - Industry Forecast 2024-2031

Global Insect Fertilizers Market size was valued at USD 65.45 million in 2021 and is poised to grow from USD 68.54 million in 2022 to USD 321.2 million by 2030, growing at a CAGR of 24.3% in the forecast period (2023-2030).

By giving the soil the proper ratio of nutrients, fertilisers are necessary to boost output and ensure healthy food. Without the drawbacks of chemical fertilisers, insect fertilisers are of comparable quality to commercial fertiliser products. After being sterilised at 70 degrees Celsius for an hour, insect products are utilised as fertilisers or soil enhancers.

This process is required to make sure that the fertilizer is free of weeds and pathogens. Insect fertilisers aid in soil improvement, plant growth, and plant protection by serving as a biopesticide and providing frost-protective seed coats. Insect fertilisers are thus more in demand in the agriculture sector due to their many advantages. In addition, the transformation and buildup of heavy metals in food crops are restricted by the use of insect fertilisers in farming. Additionally, it improves crop productivity, nutrient availability in the soil, and the storage and quality of organic carbon in the soil. Because of these benefits, insect frass is anticipated to become more popular for use as organic compost in the future.

US Insect Fertilizers Market is poised to grow at a sustainable CAGR for the next forecast year.