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
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, and Rest of Europe
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Market Players Covered
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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.)
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Market Opportunities
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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.)
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