Data Bridge Market Research recently   “Global  cc Market”. We guarantee that you will get better information than your competitors. This study provides a broader view of the market with comprehensive market insights and analysis that can help you survive and succeed in the market easily. The Insect Protein Market research report consists of numerous factors influencing the market and includes industry insights and critical success factors (CSF), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, and technologies. Application outlook, country-level and regional analysis, competitive landscape, company market share analysis, and key company profiles. Companies can also use this report to gain insight into profit growth and sustainability programs.

Data Bridge Market Research forecasts that the insect protein market was valued at USD 543.67 million in 2021 and will reach USD 1.39554 million by 2029, growing at a CAGR of 24.7% over the forecast period. Insect protein market dominates the market due to the high consumption of insect-derived foods since ancient times and the large livestock population fed on insect protein products.

The market reports, curated by the Data Bridge Market Research team, include in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework, in addition to market insights such as market value, growth rate, market segments, geographic scope, market participants, and market scenarios.

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Market Overview:-

market definition

Insect protein is essentially a traditional beer made in microbreweries. Rich in silicon, antioxidants, protein and B vitamins, they provide numerous health benefits. Ales, lagers, specialty beers, and other types of insect protein are the most popular.

report indicator

Details

forecast period

2022 to 2029

base year

2021

historic year

2020 (can be customized for 2019 – 2014)

quantitative unit

Sales (USD Millions), Quantity (Units), Price (USD)

segment covered

By insect type (beetles, caterpillars, honey bees, wasps and ants, grasshoppers, locusts, crickets, true bugs, fraternities, cicadas, hoppers, hoppers, scale insects, termites, dragonflies, flies, mealworms and others), applications ( food and beverage, feed , pharmaceuticals and cosmetics), distribution channels (direct and indirect),

destination country

USA, Canada, Mexico, Germany, France, UK, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey in North America, Rest of Europe, China, Japan, India, Korea, Singapore, Malaysia, Australia, Thailand , Indonesia, Philippines, rest of Asia Pacific (APAC) Asia Pacific (APAC), Saudi Arabia, UAE, South Africa, Egypt, Israel, parts of Middle East and Africa (MEA) Africa (MEA), Brazil, Argentina and rest of South America Region is part of South America.

target market players

Aspire Food Group (USA), EntomoFarms (Canada), Protifarm (Netherlands), Jimini's (UK), Chapul Cricket Protein (USA), Swarm Nutrition GmbH (Germany), AgriProtein Holdings Ltd. (South Africa), EnviroFlight LLC (USA) . Innovafeed (France), Ÿnsect (France), Hexafly (Ireland), Protix (Netherlands)

opportunity

  • Wide availability of edible insects
  • Insect treatment with low cost
  • Growing demand for protein-rich foods

Insect Protein Market Dynamics

This section covers how to understand market drivers, benefits, opportunities, constraints and challenges. All of these are discussed in detail below.

  • Wide availability of edible insects

Since insects are widely available, manufacturers have begun commercializing insect farming and extracting proteins from insects. Crickets, bamboo worms, bagworms, flies, earthworms, beetles, ants, and wasps are some of the widely available edible insects driving the demand for insect proteins and their applications in the insect protein market.

  • Insect treatment with low cost

There are standard handling procedures for livestock  , but no procedures for insects. Thus, manufacturers have tremendous opportunities in the insect protein market to devise technologies or equipment that can help process insects with standard protocols.

opportunity

The overall growth of the market has been driven by changing consumer lifestyles and preferences. Additionally, rapid urbanization and population growth are expected to fuel the overall growth of the market.

Restriction

Cross-reactivity or sensitization may occur if a person allergic to arthropods consumes insect protein. In addition, frequent contact with insects during farming or rearing can cause contact allergy in individuals, which is one of the major challenges facing manufacturers in the insect protein market.

This Insect Protein market report details new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and local market participants, analysis of opportunities in terms of emerging revenue pockets, and market shifts. information. Regulations, strategic market growth analysis, market size, category market growth, application niches and dominance, product approvals, product launches, geographic expansion, technological innovations in the market. To obtain detailed information on the insect protein market, please contact Data Bridge Market Research for an Analyst Brief. Our team will help you make informed market decisions to achieve market growth.

recent development

  • Nutrition Technologies raised $5 million in a Pre-Series B funding round in March 2021 to set up an insect protein plant in Malaysia. Existing investors Openspace Ventures and SEEDS Capital, the investment arm of Enterprise Singapore, participated in the investment. This investment could help the company enter new Southeast Asian markets and finance R&D.
  • In November 2020, Portenga built a smart insect farm that produces insect protein that can be used as feed or fertilizer in agriculture. To overcome the cost and sustainability pitfalls of centralized insect-based farming systems, smart insect farms are built as modular and decentralized systems near waste biomass sources. Designed to accommodate 20 to 60 tonnes of feed stock per day.
  • In November 2020, AgriProtein, a subsidiary of ITG, announced the formation of a joint venture “Bioko!” with PreZero US. PreZero, a German-based company, is a global recycling company at the forefront of developing circular economy solutions in 90 locations in 9 countries. The two companies have joined forces to form an operating entity in the United States for the nutrient recycling process.

Key market players mentioned in this report:

  • Aspire Food Group (USA)
  • EntomoFarms (Canada)
  • Protifarm (Netherlands)
  • Jimini's (UK)
  • Green Grass Cricket Protein (USA)
  • Swarm Nutrition GmbH (Germany)
  • AgriProtein Holdings Ltd. (South Africa)
  • EnviroFlight LLC (USA)
  • Innovapid (France)
  • Ÿnsect (France)
  • Hexafly (Ireland)
  • Protics (Netherlands)

An influential insect protein market article can arm organizations with data and information generated by sound research methods. This market analysis will help you stay up-to-date on the different segments that rely on observing rapid business development in the expected forecast frame. The market research report provides an in-depth overview of product specifications, technology, product types, and production analysis, considering key factors such as revenue, cost, and gross margin. The Global Insect Protein Business Report plays a very important role in achieving remarkable growth in the business.

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opportunity:

The market is also expected to grow at a faster rate owing to increasing end-user awareness of new products and growing demand for MI operations. Moreover, one of the significant factors supporting the growth of the insect protein market during the forecast period is expanding technological developments in surgical equipment.

Segmentation:- Insect Protein Market

The insect protein market is segmented on the basis of insect type, application, and distribution channel. Growth among these segments helps in analyzing the weak growth segments of the industry and provides users with valuable market overviews and market insights to help them make strategic decisions to identify key market applications.

insect types

  • beetle
  • larva
  • bee
  • wasps and ants
  • Grasshopper
  • Grasshopper
  • cricket
  • true bug
  • black soldier fly
  • cicada
  • perch
  • plant hopper
  • scale insects
  • termite
  • dragonfly
  • fly
  • Mealworm
  • etc

application

  • food and drink
  • feed
  • Restrictions
  • cosmetics

distribution channel

  • directly
  • indirect

Insect Protein Market by Region:

Analyzes the insect protein market and provides market size insights and trends by country, insect type, application, and distribution channel referenced above.

Countries covered in the Insect Protein market report are: North America, Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, United States of America, Canada, and Mexico. , South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Asia Pacific (APAC), Saudi Arabia, UAE, South Africa, Egypt, Israel, other Middle East and parts of Middle East and Africa (MEA) Africa (MEA), South America parts of Brazil, Argentina and the rest of South America.

Asia Pacific is dominating the insect protein market and will maintain its dominance over the forecast period from 2022 to 2029, owing to rising demand for beer and rising disposable income in the region. On the other hand, North America is expected to grow rapidly due to: This is due to the growing popularity of new flavors and the growing number of microbreweries in the region producing large volumes.

The country section of the report also provides the factors affecting individual markets as well as changes in market regulation affecting current and future trends in the market. Data points such as downstream and upstream value chain analysis, technology trends and Porter's five forces analysis, and case studies are some of the pointers used to predict market scenarios in individual countries. It also considers the presence and availability of global brands and the challenges faced by large or rare competition with domestic and domestic brands, the impact of domestic tariffs and trade routes, and provides predictive analysis of country data.   

Reasons to consider this report:

  • Save time and resources required for entry-level research by gaining insights on key players and segments in the global Insect Protein market.
  • This report highlights key business priorities that will help companies reform their business strategies and position themselves in the global marketplace.
  • The key findings and recommendations provided in the report highlight important progressive industry trends in the insect protein market, enabling players to develop effective long-term strategies to reap the market returns.
  • Gain critical insights on the global market trends and outlook and the factors driving and hindering market growth.
  • Improve the decision-making process by understanding the strategies that underpin commercial interest in relation to products, segmentations and industry verticals.

Learn more about this report @ https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-insect-protein-market 

Queries addressed in this report:

  • What areas of expertise should market players profiling with intensive design, finance, and even on-going advances set their proximity to?
  • What is the projected rate of development for each segment outside and inside your economy?
  • Which of the applications, categories, and estimates the makers enthusiastically participated in?
  • What are the risks of attacking growth?
  • How long is the global market opportunity?
  • How does market share improve the value of different assembly brands?

Table of Contents: Global Insect Protein Market

introduction

market segmentation

summary

Premium Insights

market overview

Impact of Covid-19 on Insect Proteins in the Medical Industry

Global Insect Protein Market, By Product Type

Global Insect Protein Market, By Aquaculture

Global Insect Protein Market, By Type

Global Insect Protein Market, By Mode

Global Insect Protein Market, By End User

Global Insect Protein Market by Region

Global Insect Protein Market, Business Environment

SWOT analysis

company profile

survey

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