Global Insect Protein Market 2023-2027

Description

List of Tables

Technavio has been monitoring the insect protein market and is forecast to grow by USD 1147.96 mn during 2022-2027, accelerating at a CAGR of 31.84% during the forecast period. Our 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.

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.

Technavio's insect protein market is segmented as below:

By Product

Coleoptera
Lepidoptera
Hymenoptera
Orthoptera
Others

By Application

Animal nutrition
Food and beverages
Pharmaceutical and supplements

By Geography

Europe
North America
APAC
Middle East and Africa
South America

This study identifies product diversification and innovation as one of the prime reasons driving the insect protein market growth during the next few years. Also, collaborations and partnerships between vendors and sustainable sourcing and farming practices related to insect proteins will lead to sizable demand in the market.

Insect protein market sizing
Insect protein market forecast
Insect protein market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading insect protein market vendors that include 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. Also, the insect protein market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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.

Product Code: IRTNTR75300

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global insect protein market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global insect protein market 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 Application Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Coleoptera - Market size and forecast 2022-2027
Exhibit 34: Chart on Coleoptera - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Coleoptera - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Coleoptera - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Coleoptera - Year-over-year growth 2022-2027 (%)
6.4 Lepidoptera - Market size and forecast 2022-2027
Exhibit 38: Chart on Lepidoptera - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Lepidoptera - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Lepidoptera - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Lepidoptera - Year-over-year growth 2022-2027 (%)
6.5 Hymenoptera - Market size and forecast 2022-2027
Exhibit 42: Chart on Hymenoptera - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Hymenoptera - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Hymenoptera - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Hymenoptera - Year-over-year growth 2022-2027 (%)
6.6 Orthoptera - Market size and forecast 2022-2027
Exhibit 46: Chart on Orthoptera - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Orthoptera - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Orthoptera - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Orthoptera - Year-over-year growth 2022-2027 (%)
6.7 Others - Market size and forecast 2022-2027
Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Product
Exhibit 54: Market opportunity by Product ($ million)
Exhibit 55: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 56: Chart on Application - Market share 2022-2027 (%)
Exhibit 57: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 58: Chart on Comparison by Application
Exhibit 59: Data Table on Comparison by Application
7.3 Animal nutrition - Market size and forecast 2022-2027
Exhibit 60: Chart on Animal nutrition - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Animal nutrition - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Animal nutrition - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Animal nutrition - Year-over-year growth 2022-2027 (%)
7.4 Food and beverages - Market size and forecast 2022-2027
Exhibit 64: Chart on Food and beverages - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
7.5 Pharmaceutical and supplements - Market size and forecast 2022-2027
Exhibit 68: Chart on Pharmaceutical and supplements - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Data Table on Pharmaceutical and supplements - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Chart on Pharmaceutical and supplements - Year-over-year growth 2022-2027 (%)
Exhibit 71: Data Table on Pharmaceutical and supplements - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Application
Exhibit 72: Market opportunity by Application ($ million)
Exhibit 73: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 75: Chart on Market share by geography 2022-2027 (%)
Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 77: Chart on Geographic comparison
Exhibit 78: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 UK - Market size and forecast 2022-2027
Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.11 South Korea - Market size and forecast 2022-2027
Exhibit 111: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
Exhibit 112: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
Exhibit 113: Chart on South Korea - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
9.12 Germany - Market size and forecast 2022-2027
Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 119: Market opportunity by geography ($ million)
Exhibit 120: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 121: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 123: Overview on factors of disruption
11.4 Industry risks
Exhibit 124: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 125: Vendors covered
12.2 Market positioning of vendors
Exhibit 126: Matrix on vendor position and classification
12.3 All Things Bugs LLC
Exhibit 127: All Things Bugs LLC - Overview
Exhibit 128: All Things Bugs LLC - Product / Service
Exhibit 129: All Things Bugs LLC - Key offerings
12.4 Aspire Food Group
Exhibit 130: Aspire Food Group - Overview
Exhibit 131: Aspire Food Group - Product / Service
Exhibit 132: Aspire Food Group - Key offerings
12.5 Beta Bugs Ltd.
Exhibit 133: Beta Bugs Ltd. - Overview
Exhibit 134: Beta Bugs Ltd. - Product / Service
Exhibit 135: Beta Bugs Ltd. - Key offerings
12.6 Beta Hatch
Exhibit 136: Beta Hatch - Overview
Exhibit 137: Beta Hatch - Product / Service
Exhibit 138: Beta Hatch - Key offerings
12.7 Chapul LLC
Exhibit 139: Chapul LLC - Overview
Exhibit 140: Chapul LLC - Product / Service
Exhibit 141: Chapul LLC - Key offerings
12.8 Darling Ingredients Inc.
Exhibit 142: Darling Ingredients Inc. - Overview
Exhibit 143: Darling Ingredients Inc. - Business segments
Exhibit 144: Darling Ingredients Inc. - Key offerings
Exhibit 145: Darling Ingredients Inc. - Segment focus
12.9 Entomo Farms
Exhibit 146: Entomo Farms - Overview
Exhibit 147: Entomo Farms - Product / Service
Exhibit 148: Entomo Farms - Key offerings
12.10 Global Bugs Asia Co. Ltd.
Exhibit 149: Global Bugs Asia Co. Ltd. - Overview
Exhibit 150: Global Bugs Asia Co. Ltd. - Product / Service
Exhibit 151: Global Bugs Asia Co. Ltd. - Key offerings
12.11 Goterra
Exhibit 152: Goterra - Overview
Exhibit 153: Goterra - Product / Service
Exhibit 154: Goterra - Key offerings
12.12 HEXAFLY
Exhibit 155: HEXAFLY - Overview
Exhibit 156: HEXAFLY - Product / Service
Exhibit 157: HEXAFLY - Key offerings
12.13 Innovafeed SAS
Exhibit 158: Innovafeed SAS - Overview
Exhibit 159: Innovafeed SAS - Product / Service
Exhibit 160: Innovafeed SAS - Key offerings
12.14 nextProtein SA
Exhibit 161: nextProtein SA - Overview
Exhibit 162: nextProtein SA - Product / Service
Exhibit 163: nextProtein SA - Key offerings
12.15 Nutrition Technologies
Exhibit 164: Nutrition Technologies - Overview
Exhibit 165: Nutrition Technologies - Product / Service
Exhibit 166: Nutrition Technologies - Key offerings
12.16 Protix BV
Exhibit 167: Protix BV - Overview
Exhibit 168: Protix BV - Product / Service
Exhibit 169: Protix BV - Key offerings
12.17 Ynsect SAS
Exhibit 170: Ynsect SAS - Overview
Exhibit 171: Ynsect SAS - Product / Service
Exhibit 172: Ynsect SAS - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 173: Inclusions checklist
Exhibit 174: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 175: Currency conversion rates for US$
13.4 Research methodology
Exhibit 176: Research methodology
Exhibit 177: Validation techniques employed for market sizing
Exhibit 178: Information sources
13.5 List of abbreviations
Exhibit 179: List of abbreviations