'Middle East and Africa Insect Protein Market' the new research report adds in Data Bridge Market Research's reports database. This Research Report spread across 329 Page, 53 No of Tables, And 244 No of Figures with summarizing Top companies, with tables and figures. The Middle East and Africa Insect Protein market research report presents a comprehensive study on production capacity, consumption, import and export for all the major regions across the world. By keeping in mind the end user's point of view, a team of researchers, forecasters, analysts and industry expert's work in-depth to formulate this Middle East and Africa Insect Protein market research report. The research and analysis carried out in this Middle East and Africa Insect Protein report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. To turn complex market insights into simpler version, well established tools and techniques are used for generation of Middle East and Africa Insect Protein report.

Middle East and Africa Insect Protein Market was valued at USD 9,253.00 million in 2021 and is expected to reach USD 60,947.07 million by 2029, registering a CAGR of 19.60% during the forecast period of 2022-2029. Feed segment is dominating the market as feed is the only industry where application of insects or insect based protein was initially allowed by the countries. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Get PDF Broacher of Middle East and Africa Insect Protein Market Research Report at https://www.databridgemarketresearch.com/request-a-sample/?dbmr=middle-east-and-africa-insect-protein-market

Report Scope and Market Segmentation

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• High Consumption of Animal Products

The increase in the consumption of animal products across the region acts as one of the major factors driving the growth of insect protein market. The rise in demand for high quality animal product superior-quality meat products such as meat among growing population has a positive impact on the market.

• Inclination towards Healthy Lifestyle

The increase in the consumer preference for dietary improvements acts as one of the major factors driving the growth of specialty food and beverage market. The rise in trend of leading a healthy lifestyle among all age groups shifting to healthy and innovative approach have a positive impact on the industry.

• Increase in Demand for Functional Foods

The increase in the functional food products further influence the market growth. Also, increase in consumers seeking healthy and sustainable food options along with growing number of sports and gym enthusiasts assist in the expansion of the market.

Additionally, change in lifestyle, increase in the disposable income and rise in awareness regarding the benefits of the nutrition plan positively affect the insect protein market.

Opportunities

Furthermore, presence of defined regulations and government support extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Collaborations of insect protein-based product manufacturers with retailers will further expand the market.

Restraints/Challenges

On the other hand, high cost associated with the product and microbial risk and allergic reactions are expected to obstruct market growth. Also, reluctance in acceptance among consumers and rise in vegan trend are projected to challenge the insect protein market in the forecast period of 2022-2029.

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 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.

Recent Developments

• In May 2020, Beta Hatch announces that the company receives a funding of USD 3.00 million for the construction of new manufacturing units to expand their product portfolio in the market.

Top Key players in  Middle East and Africa Insect Protein Market Report:

• AgriProtein (South Africa)
• Enterra Feed Corporation (Canada)
• Aspire Food Group (Canada)
• Beta Hatch (US)
• BIOFLYTECH (Spain)
• Chapul Cricket Protein (US)
• Entobel (Vietnam)
• Entocycle (UK)
• Entomo Farms (france)
• Bugs (Thailand)
• Haocheng Mealworms Inc. (China)
• Hexafly (Ireland)
• Innovafeed (France)
• Insectum (Norway)
• nextProtein (France)
• Protenga Pte Ltd (Singapore)
• Protify (Sweden)
• PROTIX (Netherlands)
• Seek Food (US)
• Thailand Unique (Thailand)
• Ynsect (France)

Get Access to Full Report (Including Graphs, Charts & Figures) at  https://www.databridgemarketresearch.com/reports/middle-east-and-africa-insect-protein-market

Market Segmentation:

The insect protein market is segmented on the basis of insect type, application, and distribution channel. The growth amongst these segments will help you analyze meager 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

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

Application

• Feed
• Food and Beverage
• Pharmaceuticals
• Cosmetics

Distribution Channel

• Direct
• Indirect

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Middle East and Africa Insect Protein Market Regional Analysis/Insights

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

The countries covered in the insect protein market report are Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

South Africa is dominating the market as the consumption of insect and related products among animals such as aqua sector and foods are high. Due to high demand the country represents large share in Middle East and Africa region. Further it is followed by Saudi Arabia where awareness regarding insect’s protein is increasing.

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

Key questions answered in the report:

• What will the market development pace of the Middle East and Africa Insect Protein market?
• What are the key factors driving the Middle East and Africa Insect Protein market?
• Who are the key manufacturers in the market space?
• What are the market openings, market hazard and market outline of the market?
• What are sales, revenue, and price analysis of top manufacturers of Middle East and Africa Insect Protein market?
• Who are the distributors, traders, and dealers of Middle East and Africa Insect Protein market?
• What are the Middle East and Africa Insect Protein market opportunities and threats faced by the vendors in the Middle East and Africa Insect Protein industries?
• What are deals, income, and value examination by types and utilizations of the market?
• What are deals, income, and value examination by areas of enterprises?

For More Insights Get Detailed TOC at https://www.databridgemarketresearch.com/toc/?dbmr=middle-east-and-africa-insect-protein-market

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