Food & Beverage

Image

Europe Insect Protein Market – Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • Mar 2024
  • Europe
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Europe Insect Protein Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 235.45 Million
Diagram Market Size (Forecast Year) USD 1794.41 Million
Diagram CAGR %

Europe Insect Protein Market, By Insect Type (Beetles, Caterpillars, Bees, Wasps & Ants, Grasshopper, Locusts, Crickets, True Bugs, Black Soldier Flies, Cicadas, Leafhopper, Plant hoppers, 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) – Industry Trends and Forecast to 2031.

Europe Insect Protein Market Analysis and Size

In recent years, insect protein has gained significant popularity as a sustainable and nutritious alternative to traditional protein sources. Insects are highly sustainable to farm, requiring far less land, water, and feed compared to livestock. This makes them an attractive option for addressing the environmental impact of food production, including greenhouse gas emissions and deforestation. They are also highly nutritious, and rich in protein, healthy fats, vitamins, and minerals. They offer a complete protein source, containing all nine essential amino acids required by the human body. This nutritional profile has led to increased interest in insect protein as a healthy food choice, especially among consumers looking for alternative protein sources.

Data Bridge Market Research analyses that the Europe insect protein market which was USD 235.45 million in 2023, is expected to reach USD 1794.41 million by 2031, at a CAGR of 28.9% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Europe Insect Protein Market Scope and Segmentation      

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

By Insect Type (Beetles, Caterpillars, Bees, Wasps & Ants, Grasshopper, Locusts, Crickets, True Bugs, Black Soldier Flies, Cicadas, Leafhopper, Plant hoppers, 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)

Countries Covered

Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, and Rest of Europe

Market Players Covered

Protix B.V. (Netherlands), Ynsect (France), Entomo Farms (Canada), Hexafly (Ireland), AgriProtein (U. K.), Beta Hatch. (U. S.), EnterraCorp (Canada), Bugsolutely Ltd. (Thailand), InnovaFeed (France), Protenga (Singapore), EntoCube Ltd. (Finland), Bühler AG (Switzerland), Enviroflight (U. S.), entomo Agroindustrial (Brazil), and Symton Black Soldier Fly. (U. S.)

Market Opportunities

  • Increasing Investment in Research and Development
  • Innovative product development

Market Definition
Insect protein refers to the protein derived from insects, which is increasingly being used as a sustainable and nutritious alternative to traditional protein sources such as meat, poultry, and fish. Insects are considered a good source of protein as they contain all the essential amino acids required by humans. They are also rich in micronutrients such as iron, zinc, and B vitamins. Insect protein can be extracted from various insect species and processed into different forms, such as powders, oils, and whole insects, for use in food and feed products.

Europe Insect Protein Market Dynamics

Drivers

  • Increasing Interest in Alternative Protein Sources

The increasing interest in alternative protein sources is a key driver behind the growth of the market. This trend is fueled by growing awareness of the environmental impact of traditional livestock farming, the need to address the global food security challenge, and the increasing recognition of the nutritional benefits of insect protein. The market is expected to continue growing in the coming years, as more consumers and food companies embrace insect protein as a sustainable and nutritious choice.

  • Growing Awareness of Insect Proteins

Insects are composed of various nutrients, including proteins, fats, carbohydrates, vitamins, and minerals. They also have a low environmental impact compared to traditional livestock, requiring less land, water, and feed to produce the same amount of protein. As consumers become more aware of these benefits, there is a growing interest in insect protein as a sustainable and healthy alternative to traditional protein sources, which is ultimately driving market growth. There has been growing interest in utilizing insects as a sustainable and environmentally friendly protein source to address global food security challenges.

Opportunities

  • Innovative Product Development

The increasing interest in insect protein, along with its diverse applications in the food, pharmaceuticals, and feed industries, has empowered manufacturers to introduce novel products to the market. Companies introducing these new products are poised to unlock significant growth opportunities. Manufacturers must concentrate on creating and innovating new products that are readily embraced by consumers. For instance, incorporating insects as ingredients in energy drinks, cookies, chips, and snacks could be particularly appealing to younger consumers and can create various opportunities in the market.

  • Continuous Research and Innovation

Continuous research and innovation efforts are pivotal in advancing the market, driving progress in various aspects such as insect farming techniques, processing methodologies, and product diversification. Researchers are exploring novel approaches to optimize insect rearing conditions, enhance feed efficiency, and increase biomass yield, thereby improving the overall sustainability and scalability of insect farming operations. In addition, ongoing research focuses on refining processing methods to extract protein efficiently while preserving its nutritional integrity and sensory qualities. This includes exploring novel extraction techniques, such as solvent-free methods or enzymatic hydrolysis, to produce high-quality insect protein ingredients suitable for diverse food applications creating new opportunities for sustainable protein production and consumption.

Restraints/Challenges

•          Technological and Infrastructure Limitations

The market is also constrained by technological and infrastructure limitations. Developing efficient and cost-effective methods for insect farming, processing, and product development requires investment in research and development. Improving infrastructure for insect farming and processing facilities is also essential for scaling up production and meeting market demand.

•          Supply Chain and Scaling Issues

A major challenge for the market is the scalability and efficiency of insect farming. While insects are highly efficient converters of feed into protein, scaling up production to meet growing demand can be challenging. Issues such as feed sourcing, waste management, and the development of efficient farming practices need to be addressed to ensure a sustainable and scalable supply chain.

This insect protein market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the insect protein market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In April 2023, Protix has launched PureeX, a fresh and delicious insect meat product. This new frozen variation of PureeX offers pet food manufacturers and their customers the health benefits of insect proteins and lipids while also reducing the environmental impact of pet food
  • In September 2022, Essentia Protein Solutions has introduced a highly nutritious and environmentally friendly protein derived from crickets. This protein source is rich in high-quality protein, vitamins, and all nine essential amino acids crucial for the body's natural metabolism.Top of Form
  • In April 2022, Global Bugs Asia (GBA) and Innovative Natural Solutions (INS) have signed a memorandum of cooperation to collaboratively promote, support, and develop EntoPowder supplements. This partnership aims to produce and distribute healthy food products that combine plant-based ingredients with EntoPowder, derived from crickets

Europe Insect Protein Market Scope

The insect protein market is segmented on the basis of insect type, product type, application, and distribution channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Insect Type

  • Black Soldier Flies
  • Grasshoppers
  • Beetles
  • Crickets
  • Locusts
  • Caterpillars
  • Bees
  • Mealworms
  • Wasps & Ants
  • True Bugs
  • Cicadas
  • Leafhoppers
  • Plant Hoppers
  • Scale Insects
  • Termites
  • Dragonflies
  • Flies
  • Others

Product Type

  • Conventional
  • Organic

Application

  • Animal Feed
  • Food
  • Pharmaceutical
  • Cosmetic
  • Sports Nutrition
  • Dietary Supplements

Distribution Channel

  • Direct
  • Indirect

Europe Insect Protein Market Regional Analysis/Insights

The insect protein market is analyzed and market size insights and trends are provided by country, insect type, product type, application, and distribution channel as referenced above.

The countries covered in the market report are Germany, U.K., France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Poland, Denmark, and Rest of Europe.

The U.K. is expected to dominate the market due to the increasing awareness of the benefits of insect protein, rising demand for alternative protein sources, the easy availability of edible insects and snacks, and increased investment in research and development.  

The country section of the report also provides individual market-impacting factors and changes in market regulation that affect the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Europe Insect Protein Market Share Analysis

The insect protein market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on the market.

Some of the major market players operating in the Europe insect protein market are

  • Protix B.V. (Netherlands)
  • Ynsect (France)
  • Entomo Farms, (Canada)
  • Hexafly (Ireland)
  • AgriProtein (U. K.)
  • Beta Hatch (U. S.)
  • EnterraCorp (Canada)
  • Bugsolutely Ltd (Thailand)
  • InnovaFeed (France)
  • Protenga (Singapore)
  • EntoCube Ltd (Finland)
  • Bühler AG (Switzerland)
  • Enviroflight (U. S.)
  • entomo Agroindustrial (Brazil)
  • Symton Black Soldier Fly (U. S.)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.

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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The Europe insect protein market size will be worth USD 1794.41 million by 2031.
The growth rate of the Europe insect protein market is 28.9% by 2031.
Increasing interest in alternative protein sources & growing awareness of insect proteins are the growth drivers of the Europe insect protein market.
Insect type, product type, application, and distribution channel are the factors on which the Europe insect protein market research is based.
Major companies in the Europe insect protein market are Protix B.V. (Netherlands), Ynsect (France), Entomo Farms (Canada), Hexafly (Ireland), AgriProtein (U. K.), Beta Hatch. (U. S.), EnterraCorp (Canada), Bugsolutely Ltd. (Thailand), InnovaFeed (France), Protenga (Singapore), EntoCube Ltd. (Finland), Bühler AG (Switzerland), Enviroflight (U. S.), entomo Agroindustrial (Brazil), and Symton Black Soldier Fly. (U. S.).
Free Sample Report

CHOOSE LICENCE TYPE

  • 4200.00
  • 3500.00
  • 2000.00
  • 5500.00
  • 7500.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials