Insect Protein Market Overviews
Maximize Market Research is an Insect Protein research firm that has published a detailed analysis of the “ Insect Protein Market”. The report includes pricing analysis, demand analysis, business insights, market trends, competitive landscape, and growth opportunities. The base year of the Insect Protein market is 2023 and the forecast period for the Insect Protein market .
Insect Protein Market size was valued at US$ 517.70 Mn. in 2022 and revenue is expected to grow by 25.2% from 2023 to 2029, reaching nearly US$ 2496.39 Mn.
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Insect Protein Market Scope and Methodology:
The Insect Protein Market Report offers a comprehensive analysis of the Insect Protein industry, which covers the study of its segments. The report's scope includes a complete inspection of trends, growth drivers, challenges, and opportunities in the Insect Protein market. It assesses key players their product portfolio, SWOT analysis, business strategy, competitive strategies, and recent developments of the product. The scope includes market size projections and CAGR analysis. The report on Insect Protein Market covers key aspects of the market dynamics such as drivers, restraints, challenges, and opportunities. Major competitors in the Insect Protein Market are listed along with new entrants to get an all-inclusive outlook on the competitive landscape of the market. The research methodology involves several approaches including primary data collection through surveys and interviews with industry experts, and the secondary data is collected from reputable data sources and databases. The report also provides insights into the Insect Protein market region-wise with their key countries.
Insect Protein Market Classifications
by Insect Type
Crickets
Wasps
Bees
Silkworm
Ants
Earthworms
Scorpions
Others (Locusts, Stink Bugs, Water Bugs, Mealworms, Bagworms)
Animal nutrition had the largest revenue share in 2022—more than 75.0%. Insect protein is mostly used as a component of animal feed for poultry, fish, and other animals. The need for high digestibility band amino acid & protein content range from 40% to 70% is growing among animal feed manufacturers. Pet food and aquaculture are two of the most lucrative markets for makers of insect proteins.
by End-use
Food & Beverages
Animal Nutrition
Pharmaceutical & Supplements
Personal Care and Cosmetics
The food and beverage end-use category, which is anticipated to develop rapidly over the projection period, will be the second-largest in 2022. Productivity-boosting bars, goods high in protein, and functional food items are a few of the products used in the food and beverage industry. The expansion of the insect protein market is anticipated to be driven by the number of countries that allow the consumption of insects. Insect protein is a common substitute for animal fats in skincare products in the personal care and cosmetics industry. Growing environmental issues that also impact product development have put pressure on the cosmetics sector to use more sustainable and natural raw materials in recent years.
by Source
Coleoptera
Lepidoptera
Hymenoptera
Orthoptera
Hemiptera
Diptera
Others
by Distribution Channel
Online
Offline
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Insect Protein Market Regional Insights
North America, Europe, Asia Pacific, South America, the Middle East, and Africa are the major regions that are covered in the Insect Protein market. Analysis of the key countries for all the regions along with the analysis of social, cultural, economic, political, and technological factors have also been covered in the report.
The following companies are included in the market for Insect Protein :
1. Entomo Farms
2. Exoprotein
3. Nutribug
4. Protix
5. Proti-Farm
6. Coast Protein
7. Aketta
8. C-fu Foods
9. EnviroFlight, LCC
10.nextProtein
11.Thailand Unique
12.Proti-Farm Holding NV
13.Chapul, LLC
14.Cricket Flours LLC
15.Crik Nutrition
16.Seek Food LLC
17.Haocheng Mealworms Inc.
18.Others
Table of content for the Insect Protein Market includes:
Part 01: Executive Summary
Part 02: Scope of the Insect Protein Market Report
Part 03: Insect Protein Market Landscape
Part 04: Insect Protein Market Sizing
Part 05: Insect Protein Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key questions answered in the Insect Protein Market are:
- What is Insect Protein?
- What was the Insect Protein market size in 2023?
- What is the growth rate of the Insect Protein Market?
- Which are the factors expected to drive the Insect Protein market growth?
- What are the different segments of the Insect Protein Market?
- What growth strategies are the players considering to increase their presence in Insect Protein?
- What are the upcoming industry applications and trends for the Insect Protein Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Insect Protein Market?
- Who are the leading companies and what are their portfolios in Insect Protein Market?
- What segments are covered in the Insect Protein Market?
- Who are the key players in the Insect Protein market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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