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The insect protein market is forecasted to grow by USD 2.80 billion during 2023-2028, accelerating at a CAGR of 45.88% during the forecast period. The report on the insect protein market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for sustainable protein sources, rising interest in healthy and nutritious food options, and growing adoption of insect-based animal feed.
The insect protein market is segmented as below:
By Application
- Animal nutrition
- Food and beverages
- Pharmaceutical and supplements
By Product
- Coleoptera
- Lepidoptera
- Hymenoptera
- Orthoptera
- Others
By Geographical Landscape
- Europe
- North America
- APAC
- Middle East and Africa
- South America
The report on the insect protein market covers the following areas:
- Insect protein market sizing
- Insect protein market forecast
- Insect protein market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global insect protein market: All Things Bugs LLC, Aspire Food Group, Beta Bugs Ltd., Beta Hatch, Bioflytech, Chapul LLC, Darling Ingredients Inc., Entomo Farms, Global Bugs Asia Co. Ltd., Goterra, HEXAFLY, HiProMine S.A., Innovafeed SAS, JR Unique Foods Ltd., MealFood Europe SL, nextProtein SA, Nutrition Technologies, Protenga Pte. Ltd., Protix BV, and Ynsect SAS.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is product diversification and innovation."
According to the report, one of the major drivers for this market is the increasing demand for sustainable protein sources.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- All Things Bugs LLC
- Aspire Food Group
- Beta Bugs Ltd.
- Beta Hatch
- Bioflytech
- Chapul LLC
- Darling Ingredients Inc.
- Entomo Farms
- Global Bugs Asia Co. Ltd.
- Goterra
- HEXAFLY
- HiProMine S.A.
- Innovafeed SAS
- JR Unique Foods Ltd.
- MealFood Europe SL
- nextProtein SA
- Nutrition Technologies
- Protenga Pte. Ltd.
- Protix BV
- Ynsect SAS
