Insect Protein Market Size, Share, Trends, Growth Outlook

Insect Protein Market is estimated to increase at a growth rate of 30.7% CAGR over the forecast period from 2024 to 2030.

The Insect Protein Market Study forecasts the market size across 6 regions and 24 countries for diverse segments including-Insect (Crickets, Black soldier flies, Mealworms, Ants, Grasshoppers, Others), Application (Food and Beverages, Pharmaceuticals, Nutraceuticals, Cosmetics, Pet Food, Animal Feed, Others), Distribution Channel (Online, Offline).

An Introduction to Insect Protein Market, 2024

Insect Protein: The market for insect protein is driven by sustainability concerns, environmental awareness, and the search for alternative protein sources. Key drivers include the use of insects as a high-protein, eco-friendly food source, appealing to consumers seeking nutritionally dense and environmentally conscious food options.

Insect Protein Market Trend: Increasing Acceptance of Alternative Protein Sources

A prominent trend in the Insect Protein market is the growing acceptance of alternative protein sources, particularly insect-derived proteins. There's a rising interest among consumers, food manufacturers, and the food industry in exploring sustainable and eco-friendly protein options. Insect protein, known for its high nutritional value and environmental sustainability, is gaining traction as a viable alternative to conventional animal-based proteins, reflecting a shift towards embracing novel and sustainable protein sources.

Insect Protein Market Driver: Sustainability and Environmental Concerns

The primary driver for the Insect Protein market is the increasing focus on sustainability and environmental concerns in food production. Insects require fewer resources, such as water, feed, and land, compared to traditional livestock, and emit lower greenhouse gases, making them a more environmentally sustainable protein source. The need for eco-friendly alternatives that reduce the ecological footprint of protein production drives the demand for insect-derived proteins in the food industry.

Insect Protein Market Opportunity: Diversification and Product Innovation

An intriguing opportunity within the Insect Protein market lies in diversification and product innovation. Investing in research and development to create innovative insect-based protein products, such as protein powders, flours, snacks, or fortified food products, could capitalize on the growing interest in alternative proteins. Additionally, exploring collaborations with food manufacturers to incorporate insect proteins into various food categories like baked goods, snacks, or meat substitutes presents an opportunity to expand the market for insect protein, catering to consumers seeking sustainable and nutritious protein alternatives.

Insect Protein Market Segmentation

Insect
Crickets
Black soldier flies
Mealworms
Ants
Grasshoppers
Others

Application
Food and Beverages
Pharmaceuticals
Nutraceuticals
Cosmetics
Pet Food
Animal Feed
Others

Distribution Channel
Online
Offline

Geographical Segmentation
• North America (US, Canada, Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, South East Asia, Rest of Asia Pacific)
• South America (Brazil, Argentina, Rest of South America)
• Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, Egypt, South Africa, Nigeria, Rest of Africa)
 

Insect Protein Companies Profiled in the Study-

Ynsect S.A.S.
Protix B.V.
EnviroFlight, LLC
Beta Hatch, Inc.
Hexafly Ltd.
Aspire Food Group LLC
InnovaFeed S.A.S.
Entomo Farms Inc.
Livin Farms AgriFood GmbH
Protenga Pte Ltd.
Bugsolutely Limited
Flying Spark Ltd.
CricketOne Asia Co., Ltd.

Reasons to Buy the Insect Protein Market Study

• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions
• Gain access to detailed insights on the Insect Protein Market, encompassing current market size, growth trends, and forecasts till 2030.
• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities
• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends
• Identify lucrative investment avenues and expansion opportunities within the Insect Protein Market industry, guided by robust, data-backed analysis.
• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics
• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain
• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics
• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.

TABLE OF CONTENTS

1 Introduction To 2024 Insect Protein Markets
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Included
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Insect Protein Market Size Outlook, $ Million, 2021 to 2030
3.2 Insect Protein Market Outlook by Type, $ Million, 2021 to 2030
3.3 Insect Protein Market Outlook by Product, $ Million, 2021 to 2030
3.4 Insect Protein Market Outlook by Application, $ Million, 2021 to 2030
3.5 Insect Protein Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Insect Protein Industry
4.2 Key Market Trends in Insect Protein Industry
4.3 Potential Opportunities in Insect Protein Industry
4.4 Key Challenges in Insect Protein Industry

5 Market Factor Analysis
5.1 Competitive Landscape
5.1.1 Global Insect Protein Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Insect Protein Market Outlook by Segments
7.1 Insect Protein Market Outlook by Segments
Insect
Crickets
Black soldier flies
Mealworms
Ants
Grasshoppers
Others

Application
Food and Beverages
Pharmaceuticals
Nutraceuticals
Cosmetics
Pet Food
Animal Feed
Others

Distribution Channel
Online
Offline

8 North America Insect Protein Market Analysis and Outlook To 2030
8.1 Introduction to North America Insect Protein Markets in 2024
8.2 North America Insect Protein Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Insect Protein Market size Outlook by Segments, 2021-2030
Insect
Crickets
Black soldier flies
Mealworms
Ants
Grasshoppers
Others

Application
Food and Beverages
Pharmaceuticals
Nutraceuticals
Cosmetics
Pet Food
Animal Feed
Others

Distribution Channel
Online
Offline

9 Europe Insect Protein Market Analysis and Outlook To 2030
9.1 Introduction to Europe Insect Protein Markets in 2024
9.2 Europe Insect Protein Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Insect Protein Market size Outlook by Segments, 2021-2030
Insect
Crickets
Black soldier flies
Mealworms
Ants
Grasshoppers
Others

Application
Food and Beverages
Pharmaceuticals
Nutraceuticals
Cosmetics
Pet Food
Animal Feed
Others

Distribution Channel
Online
Offline

10 Asia Pacific Insect Protein Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Insect Protein Markets in 2024
10.2 Asia Pacific Insect Protein Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Insect Protein Market size Outlook by Segments, 2021-2030
Insect
Crickets
Black soldier flies
Mealworms
Ants
Grasshoppers
Others

Application
Food and Beverages
Pharmaceuticals
Nutraceuticals
Cosmetics
Pet Food
Animal Feed
Others

Distribution Channel
Online
Offline

11 South America Insect Protein Market Analysis and Outlook To 2030
11.1 Introduction to South America Insect Protein Markets in 2024
11.2 South America Insect Protein Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Insect Protein Market size Outlook by Segments, 2021-2030
Insect
Crickets
Black soldier flies
Mealworms
Ants
Grasshoppers
Others

Application
Food and Beverages
Pharmaceuticals
Nutraceuticals
Cosmetics
Pet Food
Animal Feed
Others

Distribution Channel
Online
Offline

12 Middle East and Africa Insect Protein Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Insect Protein Markets in 2024
12.2 Middle East and Africa Insect Protein Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Insect Protein Market size Outlook by Segments, 2021-2030
Insect
Crickets
Black soldier flies
Mealworms
Ants
Grasshoppers
Others

Application
Food and Beverages
Pharmaceuticals
Nutraceuticals
Cosmetics
Pet Food
Animal Feed
Others

Distribution Channel
Online
Offline

List of Companies
Ynsect S.A.S.
Protix B.V.
EnviroFlight, LLC
Beta Hatch, Inc.
Hexafly Ltd.
Aspire Food Group LLC
InnovaFeed S.A.S.
Entomo Farms Inc.
Livin Farms AgriFood GmbH
Protenga Pte Ltd.
Bugsolutely Limited
Flying Spark Ltd.
CricketOne Asia Co., Ltd.

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

Insect/brCrickets /brBlack soldier flies /brMealworms /brAnts /brGrasshoppers /brOthers /br/brApplication/brFood and Beverages /brPharmaceuticals /brNutraceuticals /brCosmetics /brPet Food /brAnimal Feed /brOthers /br/brDistribution Channel/brOnline /brOffline