Instagram is good at improving their app experience by incorporating features.
However, it is not good at launching standalone apps either.
Consider
1. Boomerang - https://www.niemanlab.org/reading/instagram-launches-a-standalone-app-boomerang-that-turns-photos-into-a-1-second-video-loop/
2. Shopping app that was never launched? - https://www.theverge.com/2018/9/4/17819766/instagram-shopping-app-e-commerce
3. Layout - photo collage app https://www.stuff.tv/news/instagram-launches-layout-standalone-app-your-photo-collages/