PUBLISHER: Data Bridge Market Research | PRODUCT CODE: 1293007
PUBLISHER: Data Bridge Market Research | PRODUCT CODE: 1293007
The Europe insect protein market is expected to reach USD 1,081,464.59 thousand by 2030 from USD 142,805.53 thousand in 2022, growing at a CAGR of 28.9% during the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation
Europe Insect Protein Market, By Insect Type (Beetle, Caterpillars, Bees, Wasps & Ants, Grasshopper, Locusts, Crickets, True Bugs, Black Soldier Flies, Cicadas, Leafhopper, Planthoppers, Scale Insects, Termites, Dragonflies, Flies, Mealworms, and Others), Product Type (Organic and Conventional), Application (Food, Dietary Supplements, Animal Feed, Pharmaceutical, Cosmetic, and Sports Nutrition), Distribution Channel (Direct and Indirect), Country (Germany, U.K., France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Poland, Denmark, Sweden, and Rest of Europe) - Industry Trends and Forecast to 2030.
Overview of Europe Insect Protein Market Dynamics
Driver
Rising awareness about the benefits of insect proteins
Restraint
Rising trend of veganism among consumers
Opportunity
Manufacturers launching new and innovative products
Market Players