Need help finding what you are looking for?
Contact Us
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1505027
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1505027
Insect Protein Market Share, Size, Trends, Industry Analysis Report, By Product, By Application, By Regions; Segment Forecast, 2024 - 2032
PUBLISHED:
PAGES: 119 Pages
DELIVERY TIME: 1-2 business days
SELECT AN OPTION
The global insect protein market size is expected to reach USD 1723.72 million by 2032 according to a new study by Polaris Market Research. The report "Insect Protein Market Share, Size, Trends, Industry Analysis Report, By Product (Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera, Diptera, Others), By Application (Food & Beverages, Animal Nutrition, Personal Care & Cosmetics, Others), By Regions; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The ability of wealthy investors to invest in emerging insect protein producers is driving the development. According to the Food and Agriculture Organization (FAO), around 2 billion have insect protein in varied cuisines. Some of the main factors pushing the overall market growth are a shift in consumer preference for a substitute protein source, and widespread accessibility of edible insects.
Lesser ecological stress and the nutritional value of insects are also anticipated to upsurge the demand. Flexitarians, like those who eat organic or follow a paleo diet, stop eating meat and are usually more obsessed with food safety and sourcing. This shift in food attitudes is anticipated to create lucrative opportunities in the target market growth for insect protein.
Crickets, locusts, and grasshoppers are all associates of the Orthoptera insect order. Over the forecast timeframe, it is projected to retain a sizable market share. Crickets, in general, have better nutritional content, containing approximately 65.0% protein and providing a total protein and essential amino acid profile.
Cricket-derived protein ingredients are progressively being sold as substitutes to animal-based protein. Furthermore, as opposed to animal-based protein ingredients, these protein additives require less water and emit fewer greenhouse gases during production.
Cricket-derived protein additives are commonly used in energy bars. These additives are widely used as a powder to make energy bars taste better. For example, leading market participants such as Crik Nutrition (a Canadian company) source crickets through farms that have been planned and checked to develop crickets fit for human food and enforce normal rules and procedures for the very same.
Growing popularity of insects as eatables in both feed and food applications, Europe accounted for the largest share of the market, particularly in countries like Denmark and France. Numerous studies are being conducted to determine the long-term benefits, which is anticipated to boost regional market growth for insect protein over the forecast period.
Market participants such as Aspire Food Group Protifarm, Chapul Cricket Protein, EnviroFlight LLC, Ynsect, AgriProtein Holdings Ltd. Hexafly, Jimini's, and Swarm Nutrition GmbH, Innovafeed, EntomoFarms, and Protix some of the key players operating in the market for insect protein.
Polaris Market Research has segmented the insect protein market report based on product, application, and region:
Insect Protein, Product Outlook (Revenue - USD Billion, 2016 - 2028)
- Coleoptera
- Lepidoptera
- Hymenoptera
- Orthoptera
- Hemiptera
- Diptera
- Others
Insect Protein, Application (Revenue - USD Billion, 2016 - 2028)
- Food & Beverages
- Animal Nutrition
- Personal Care & Cosmetics
- Others
Insect Protein, Regional Outlook (Revenue - USD Billion, 2016 - 2028)
- North America
- U.S.
- Canada
- Europe
- France
- Germany
- UK
- Italy
- Spain
- Netherlands
- Austria
- Asia Pacific
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
- Latin America
- Mexico
- Brazil
- Argentina
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Product Code: PM1920
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Insect Protein Market Insights
- 4.1. Insect Protein - Industry snapshot
- 4.2. Insect Protein Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Consumer preference towards insect proteins
- 4.2.1.2. Food Security
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Probable food allergies
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Insect Protein Market Industry trends
5. Insect Protein Market Assessment by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 5.3. Coleoptera
- 5.3.1. Global Insect Protein Market, by Coleoptera, by Region, 2016 - 2028 (USD Million)
- 5.4. Lepidoptera
- 5.4.1. Global Insect Protein Market, by Lepidoptera, by Region, 2016 - 2028 (USD Million)
- 5.5. Hymenoptera
- 5.5.1. Global Insect Protein Market, by Hymenoptera, by Region, 2016 - 2028 (USD Million)
- 5.6. Orthoptera
- 5.6.1. Global Insect Protein Market, by Orthoptera, by Region, 2016 - 2028 (USD Million)
- 5.7. Hemiptera
- 5.7.1. Global Insect Protein Market, by Hemiptera, by Region, 2016 - 2028 (USD Million)
- 5.8. Diptera
- 5.8.1. Global Insect Protein Market, by Diptera, by Region, 2016 - 2028 (USD Million)
6. Global Insect Protein Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 6.3. Food & Beverages
- 6.3.1. Global Insect Protein Market, by Food & Beverages, By Region, 2016 - 2028 (USD Million)
- 6.4. Animal Nutrition
- 6.4.1. Global Insect Protein Market, by Animal Nutrition, by Region, 2016 - 2028 (USD Million)
- 6.5. Personal Care & Cosmetics
- 6.5.1. Global Insect Protein Market, by Personal Care & Cosmetics, by Region, 2016 - 2028 (USD Million)
- 6.6. Others
- 6.6.1. Global Insect Protein Market, by Others, by Region, 2016 - 2028 (USD Million)
7. Insect Protein Market Assessment by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Insect Protein Market Assessment, By Geography, 2016 - 2028 (USD Million)
- 7.3. Insect Protein Market - North America
- 7.3.1. North America: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.3.2. North America: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.3.3. Insect Protein Market - U.S.
- 7.3.3.1. U.S.: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.3.3.2. U.S.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.3.4. Insect Protein Market - Canada
- 7.3.4.1. Canada: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.3.4.2. Canada.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.4. Insect Protein Market - Europe
- 7.4.1. Europe: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.4.2. Europe: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.4.3. Insect Protein Market - UK
- 7.4.3.1. UK: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.4.3.2. UK: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.5. Insect Protein Market - France
- 7.5.1. France: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.5.2. France: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.5.3. Insect Protein Market - Germany
- 7.5.3.1. Germany: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.5.3.2. Germany: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.5.4. Insect Protein Market - Italy
- 7.5.4.1. Italy: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.5.4.2. Italy: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.5.5. Insect Protein Market - Spain
- 7.5.5.1. Spain: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.5.5.2. Spain: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.5.6. Insect Protein Market - Netherlands
- 7.5.6.1. Netherlands: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.5.6.2. Netherlands: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.5.7. Insect Protein Market - Austria
- 7.5.7.1. Austria: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.5.7.2. Austria: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.6. Insect Protein Market - Asia-Pacific
- 7.6.1. Asia Pacific: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.6.2. Asia Pacific: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.6.3. Insect Protein Market - China
- 7.6.3.1. China: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.6.3.2. China: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.6.4. Insect Protein Market - India
- 7.6.4.1. India: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.6.4.2. India.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.6.5. Insect Protein Market - Malaysia
- 7.6.5.1. Malaysia: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.6.5.2. Malaysia: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.6.6. Insect Protein Market - Japan
- 7.6.6.1. Japan: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.6.6.2. Japan: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.6.7. Insect Protein Market - Indonesia
- 7.6.7.1. Indonesia: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.6.7.2. Indonesia: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.6.8. Insect Protein Market - South Korea
- 7.6.8.1. South Korea: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.6.8.2. South Korea.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.7. Insect Protein Market - Middle East & Africa
- 7.7.1. Middle East & Africa: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.7.2. Middle East & Africa.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.7.3. Insect Protein Market - Saudi Arabia
- 7.7.3.1. Saudi Arabia: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.7.3.2. Saudi Arabia.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.7.4. Insect Protein Market - UAE
- 7.7.4.1. UAE: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.7.4.2. UAE: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.7.5. Insect Protein Market - Israel
- 7.7.5.1. Israel: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.7.5.2. Israel: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.7.6. Insect Protein Market - South Africa
- 7.7.6.1. South Africa: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.7.6.2. South Africa: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.8. Insect Protein Market - Latin America
- 7.8.1. Latin America: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.8.2. Latin America: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.8.3. Insect Protein Market - Mexico
- 7.8.3.1. Mexico: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.8.3.2. Mexico.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.8.4. Insect Protein Market - Brazil
- 7.8.4.1. Brazil: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.8.4.2. Brazil.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- 7.8.5. Insect Protein Market - Argentina
- 7.8.5.1. Argentina: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- 7.8.5.2. Argentina.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Aspire Food Group
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Protifarm
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. EntomoFarms
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Chapul Cricket Protein
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. AgriProtein Holdings Ltd
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Innovafeed
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Hexafly
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. EnviroFlight LLC
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Ynsect
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Protix
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Aspire Food Group
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Imago Insect Products GmbH
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
Product Code: PM1920
List of Tables
- Table 1 Global Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 2 Global Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 3 Insect Protein Market Assessment, By Geography, 2016 - 2028 (USD Million)
- Table 4 North America: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 5 North America: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 6 U.S.: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 7 U.S.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 8 Canada: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 9 Canada: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 10 Europe: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 11 Europe: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 12 UK: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 13 UK: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 14 France: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 15 France: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 16 Germany: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 17 Germany: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 18 Italy: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 19 Italy: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 20 Spain: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 21 Spain: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 22 Netherlands: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 23 Netherlands: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 24 Austria: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 25 Austria: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 26 Asia Pacific: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 27 Asia Pacific: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 28 China: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 29 China: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 30 India: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 31 India: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 32 Malaysia: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 33 Malaysia: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 34 Japan: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 35 Japan: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 36 Indonesia: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 37 Indonesia: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 38 South Korea: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 39 South Korea: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 40 Middle East & Africa: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 41 Middle East & Africa: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 42 Saudi Arabia: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 43 Saudi Arabia: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 44 UAE: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 45 UAE: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 46 Israel: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 47 Israel: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 48 South Africa: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 49 South Africa: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 50 Latin America: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 51 Latin America: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 52 Mexico: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 53 Mexico: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 54 Brazil: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 55 Brazil: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
- Table 56 Argentina: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
- Table 57 Argentina: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
List of Figures
- Figure 1 Market Highlights (2020, Revenue)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top Down & Bottom Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by Product
- Figure 7 Global Insect Protein Market, By Product, 2020 & 2028 (USD Million)
- Figure 8 Market by Application
- Figure 9 Global Insect Protein Market, By Application, 2020 & 2028 (USD Million)
- Figure 10 Insect Protein Market Assessment, By Geography, 2016 - 2028 (USD Million)
- Figure 11 Strategic Analysis - Insect Protein Market
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.