80 likes | 97 Views
u000bThe global insect protein market size is anticipated to expand at substantial CAGR during the forecast period, 2020u20132026. Proteins derived from insects, either through the consumption of whole insects or through processed products, are termed as insect protein. Insect protein is a high quality protein; therefore, it is extensively used for purposes such as animal feed. Insects, plants, micro-organisms, and some species of fish produce antifreeze proteins. Whole insects, flour, and oil are commonly used forms insect protein products types. Rearing of edible insects at a commercial scale requires fewer resources, such as land and feed. Initially, insect protein was used as an ingredient in animal feed. <br>
E N D
Insect Protein Market Size, Growth & Trends | Industry Report 2026 The global insect protein market size is anticipated to expand at substantial CAGR during the forecast period, 2020–2026. Proteins derived from insects, either through the consumption of whole insects or through processed products, are termed as insect protein. Insect protein is a high quality protein; therefore, it is extensively used for purposes such as animal feed. Insects, plants, micro-organisms, and some species of fish produce antifreeze proteins. Whole insects, flour, and oil are commonly used forms insect protein products types. Rearing of edible insects at a commercial scale requires fewer resources, such as land and feed. Initially, insect protein was used as an ingredient in animal feed.
Market Trends, Drivers, Restraints and Opportunities: Growing health awareness among people and rising demand for protein bars, powders, and mixes from athletes is driving the growth of the market. Increasing investments in research for the development of new products for the healthcare industry are fueling the growth of the market. Risks associated with the consumption of insect protein such as susceptibility to microbial risk and allergic reactions are restraining the demand for the protein. High cost of insect protein is likely to hamper market restrain the growth of the market. Rise in adoption of vegan diet is hampering the demand for insect protein.
Scope of the report: The report on insect protein market includes an assessment of the market, size, share, trends, segments and regional markets. Overview and dynamics have been included in the report.
Insect Protein Market Segment Insights: High demand for protein alternatives drives the food & beverage segment Based on application, the market has been segmented into food & beverages, animal nutrition [aqua feed, pet food, and poultry feed], pharmaceuticals & cosmetics. Demand for insect protein is high from the food & beverages segment across the globe. Increasing incorporation of protein and high demand for protein alternatives among food & beverage manufacturers to cater to the surging consumer demands is increasing the adoption of insect protein. Different type of insects helps to increases market of Insect Protein On the basis of insect types, the market has been segregated into crickets, black soldier flies, mealworms, ants, and grasshopper. Crickets are highly accepted in the food industry due to their high protein content. Larvae of black soldier flies are used in animal feed application.
Europe and North America constitute large share of the market Based on regions, the market has been divided into North America, Europe, Latin America, Middle East & Africa, and Asia Pacific. The market in Europe is growing due to increasing demand for pork, beef, and chicken meats. Rising collaboration of national supermarket chains with insect protein manufacturers have created opportunities in the food industry. This, in turn, is driving the market in these regions. Competitive Landscape: Key players in the insect protein market include Aspire Food Group (the US), Entomo Farms (Canada), Protifarm (the Netherlands), JIMINI'S (the UK), Chapul Cricket Protein (the US), and Swarm Nutrition GmbH (Germany), while key companies in the feed application include AgriProtein Holdings Ltd. (South Africa), EnviroFlight LLC (the US), Innovafeed (France), Hexafly (Ireland), and Protix (the Netherlands). Mergers & acquisitions, collaborations, partnerships, and product launches are key strategies adopted by these players to strengthen their market presence.
Segments Covered in the Report The global insect protein market has been classified based on insect types, applications, and region. By Insect Types Crickets Black Soldier Flies Mealworms Ants Grasshoppers Others By Applications Food & Beverages Animal Nutrition Aqua feed Pet Food Poultry Feed Pharmaceuticals Cosmetics By Regions Asia Pacific North America Europe South America Middle East & Africa