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Insect Protein Market Trends & Forecast

The global Insect Protein Market size is projected to reach a CAGR of 33.4% from 2023-2030.<br>Insects are an essential part of the everyday food intake for over 2 billion people worldwide. Apart from the high protein content, insects are a source of essential fats, high-quality lipids, fiber, vitamins, and minerals such as iron and calcium. The most used insect protein production is mealworms, black soldier flies, locusts, and crickets. While lipids can be used in biofuels and by-products such as chitin exhibit great potential in the pharmaceutical and bioplastic industries, insect-based protein

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Insect Protein Market Trends & Forecast

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  1. Insect Protein Market Share, Size, Global Trend, Forecast till 2030 sales@delvens.comwww.delvens.com

  2. Insect Protein Market Share, Size, Global Trend, Forecast till 2030 Insect Protein Market by Insect Type (Cricket, Grasshoppers, Ants, Mealworms, Black Soldier Flies, and Others), Application (Food & Beverages, Animal Nutrition, Pharmaceutical & Cosmetics), Distribution Channel, and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The global Insect Protein Market size is projected to reach a CAGR of 33.4% from 2023-2030. InnovaFeed; EnviroFlight; Ynsect; Hexafly; Protix; Aspire Food Group; Chapul; Nutrition Technologies; Entomo Farms; Goterra are the major players operating in Insect Protein Market. Request For Free Sample Report : https://www.delvens.com/get-free-sample/insect-protein-market-trends-forecast-till-2030 sales@delvens.com www.delvens.com

  3. Market Overview Insects are an essential part of the everyday food intake for over 2 billion people worldwide. Apart from the high protein content, insects are a source of essential fats, high-quality lipids, fiber, vitamins, and minerals such as iron and calcium. The most used insect protein production is mealworms, black soldier flies, locusts, and crickets. While lipids can be used in biofuels and by-products such as chitin exhibit great potential in the pharmaceutical and bioplastic industries, insect-based proteins can be majorly used in food, pet food, fish, and animal feed. The key factors positively impacting the growth of the insect protein market are the rising awareness about the high nutritional value of insects, growing preference for innovative protein sources considering the rising greenhouse gas emissions from the animal industries, the environmental benefits of insect proteins, the increasing demand for insect proteins in the animal feed industry, and the low risk of transmitting zoonotic diseases with the consumption of insect proteins. sales@delvens.com www.delvens.com

  4. Market Overview Insect protein is one of the unique, promising animal feed proteins, owing to its functional, environmental, and nutritional benefits. However, high costs, legislation, and limited production capacity remain the main restraining factors for growth. Insect-based proteins are still expensive to produce; the equipment and procedures required to make them need optimization for large-scale production. Few consumers are inclined to pay higher prices for the health and environmental benefits of protein derived from insects, but numerous are priced out of this market. The impact of COVID-19 has affected most countries across the world. Lockdowns, owing to COVID-19 adversely affected the global insect protein market growth. The pandemic led to several challenges to the food sector; the meat market has been poorly hit globally. The risk of continuous production, supply, distribution, lack of workforce, and lesser development activities have concerned the insect feed market. On 11 March 2020, WHO characterized the COVID-19 outbreak as a pandemic after spreading to 114 countries. As a result, a potential shift in consumers' food choices might occur, particularly concerning food of animal origin. Therefore, it is projected that there will be a higher rejection to consume unusual foods of animal origin like insects. sales@delvens.com www.delvens.com

  5. MarketSegmentation • Insect Protein Market is segmented into various segments such as insect type, application, distribution channel, and region: • Based on insect type • Crickets • Black Soldier Flies • Mealworms • Grasshoppers • Ants • Based on application • Food & Beverages • Animal Nutrition • Pharmaceuticals & Cosmetics sales@delvens.com www.delvens.com

  6. MarketSegmentation • Based on the distribution channel • Offline • Online • Based on region • Asia Pacific • North America • Europe • South America • Middle East & Africa sales@delvens.com www.delvens.com

  7. Competitive Landscape • InnovaFeed • EnviroFlight • Ynsect • Hexafly • Protix • Aspire Food Group • Chapul • Nutrition Technologies • Entomo Farms • Goterra. Inquire Before Buying: https://www.delvens.com/Inquire-before-buying/insect-protein-market-trends-forecast-till-2030 sales@delvens.com www.delvens.com

  8. Recent Developments • April 2022, Global Bugs has made a strategic partnership with Innovative Natural Solutions. The goal of Global Bugs Asia (GBA) and Innovative Natural Solutions (INS) is to collaboratively promote, support, manufacture and distribute nutritious food items using a combination of plant-based components and crickets. • October 2021, Aspire Food Group has expanded their automated production facility in London, to produce 10,000 tons of crickets/per year. Purchase This Report: https://www.delvens.com/checkout/insect-protein-market-trends-forecast-till-2030 sales@delvens.com www.delvens.com

  9. Contact Information About Us: Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally. Contact Us: +44-20-8638-5055 sales@delvens.com WEBSITE: https://delvens.com/ sales@delvens.com www.delvens.com

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