Global Insect Protein Market is Rising Exponentially at Rate of 24.2% During the Anticipated Period

The Insect Protein Market is expected to rise at annual rate 24.2% in the forecast period of 2020 to 2027 due to the high consumption of insect derived food since the ancient time.

  • On the other hand, various regulations in different countries and lack of proper processing and rearing guidelines are expected to obstruct the insect protein market growth in the above mentioned forecast period. Frequent exposure to insect during farming or breeding causing allergy in individuals is projected to challenge the insect protein market.

Insect Protein Market Scenario

According to Data Bridge Market Research, the market for insect protein accelerates due to the presence of large livestock population that is fed with insect protein products and wide availability of insects has prompted the manufacturers to commercialize the insect farming and process protein from it. Additionally, wide availability of edible insects such as crickets, bamboo worm, bagworm, flies, earthworm, beetles and ants, wasps positively affect the insect protein market. Furthermore, presence of no standard processing procedure for insects extends profitable opportunities to the insect protein market players.

Now the question is which other regions insect protein market is targeting? Data Bridge Market Research has estimated the largest growth in Asia-Pacific because of the high consumption of insect derived food and is the largest overall population that relies on insect protein due to their higher energy content especially in China.

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Insect Protein Market Scope

The insect protein market is segmented on the basis of countries into the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country-based analysis insect protein market is further analyzed based on maximum granularity into further segmentation. The insect protein market on the basis of insect type has been segmented into beetles, caterpillars, bees, wasps & ants, grasshoppers, locusts, crickets, true bugs, black soldier flies, cicadas, leafhoppers, plant hoppers, scale insects, termites, dragonflies, flies, mealworms and others. On the basis of application, the insect protein market is segmented into food & beverage, feed, pharmaceuticals and cosmetics. On the basis of distribution channel, the insect protein market is segmented into direct and indirect.

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Key Pointers Covered in Insect Protein Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Regions
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study
  • Market Supply Chain Competiveness
  • Market Value Chain Analysis

Key Market Competitors Covered in the Report

  • EnviroFlight, LLC
  • Innovafeed
  • Hexafly 
  • Ynsect
  • Protix
  • EntomoFarms
  • Protifarm 
  • Aspire Food Group
  • Seek Food
  • Chapul Cricket Protein
  • Enterra Feed Corporation
  • Beta Hatch
  • Entobel
  • insectum
  • Protifly
  • Protenga Pte Ltd
  • Global Bugs

Above are the key players covered in the report, to know about more and exhaustive list of insect protein companies’, contact us:

Research Methodology of Insect Protein Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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