1. Market Research
  2. > Seafood Market Trends
Insect Protein Market by Insect, Region – Global Forecast to 2025

Insect Protein Market by Insect, Region – Global Forecast to 2025

  • July 2019
  • 154 pages
  • ID: 5803640
  • Format: PDF
  • By MarketsandMarkets

Summary

Table of Contents

Search Inside

The insect protein market is projected to grow at a CAGR of 45.0%, in terms of value. The key drivers include increasing investments in R&D and start-ups and rising demand for alternative proteins.

The insect protein market is estimated to be valued at USD 144 million in 2019 and is projected to grow at a CAGR of 45.0%, recording a value of USD 1,336 million by 2025. The growth of the insect protein market is driven by the willingness of multiple capital investors to invest with emerging insect protein manufacturers. This is due to the rising awareness about the benefits of insect protein and the necessity to develop alternative sources of protein to meet the rising global demand.

The crickets segment in the insect protein market is projected to record the highest CAGR during the forecast period.
Crickets are highly used in products such as powder and protein bar, due to their high availability and acceptability.The use of crickets is profitable in comparison with other livestock protein, owing to the reduced expenses associated with their rearing.

They also contain nine essential amino acids, along with zinc, Vit.B12, iron, potassium, magnesium, sodium, and calcium.

Cricket flour is an alternative for milk, as it contains a high amount of calcium.
Furthermore, researchers derive a similarity between crickets and shrimps since the digestibility of their protein is almost similar for humans.Also, crickets have been part of the traditional diet in Thailand, and Southeast Asian countries since ages, and hence, the chances of cricket allergy among humans have been observed to be the least.

Owing to these reasons, the application of crickets is majorly targeted toward human nutrition.

The animal nutrition segment held the largest share, by application, in the insect protein market in 2018.
Insect protein manufacturers are mainly focusing on catering to the dietary needs of animals used for agriculture and wildlife management.Insect protein products are fed to zoo and pet animals along with fish.

According to the United Nations Food and Agriculture Organization (FAO), the production of animal proteins between 2010 and 2050 is expected to grow by around 1.7% annually. This is due to the growing demand for nutritious, healthy, and safe pet foods. These factors are projected to drive market growth. Moreover, the growing concerns about pet health and willingness among pet owners to spend more on pet food products and medicines are projected to drive the market growth further.

High growth is projected to be witnessed in the European insect protein market during the forecast period.
The growing trend toward healthy eating and hybrid meat products are among the key drivers of the significantly accelerated traction within the European insect protein market.Increasing research and development in insect technology, and most importantly, the regulatory advancements supported by positive media coverage and greater availability of insect products have further created growth opportunities in this market.

Majority of the companies in the insect protein market are headquartered in the European region with key players including Ÿnsect (France) and Protix (Netherlands) in the feed industry, and Protifarm (Netherlands), Wholi (Denmark), and Jimini’s (UK) in the food industry.

Break-up of Primaries:
• By Company Type: Tier 1 - 10 %, Tier 2 - 20%, and Tier 3 - 70%
• By Designation: C-level - 30%, D-level - 20%, and Others*- 50%
• By Region: Asia Pacific - 15%, Europe - 30%, North America- 30%, South America - 15%, and RoW - 10%
*Others include sales managers, marketing managers, and product managers.

Leading players profiled in this report:
• AgriProtein Holdings Ltd (South Africa)
• EnviroFlight LLC (US)
• Innovafeed (France)
• Ÿnsect (France)
• Hexafly (Ireland)
• Protix (Netherlands)
• Aspire Food Group (US)
• EntomoFarms (Canada)
• Protifarm (Netherlands)
• Jimini’s (UK)
• Chapul Cricket Protein (US)
• Imago Insect Products GmbH (Germany)

Research Coverage:
The report segments the insect protein market based on application, insect type, and region. In terms of insights, this report focuses on various levels of analyses—the competitive landscape, end-use analysis, and company profiles—which together comprise and discuss views on the emerging & high-growth segments of the global insect protein market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:
• To get a comprehensive overview of the insect protein market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights about the major countries/regions in which the insect protein market is flourishing

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Amino Acid Markets in China

Amino Acid Markets in China

  • $ 4000
  • July 2019

China’s demand for Amino Acid has grown at a fast pace in the past decade.In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which ...

Salts and Flavored Salts Market - Growth, Trends and Forecast (2019 - 2024)

Salts and Flavored Salts Market - Growth, Trends and Forecast (2019 - 2024)

  • $ 4250
  • May 2019

Market OverviewThe global salts and flavored salts market is forecasted to reach USD 2.4 billion by 2024 growing at a CAGR of 3.83% during the forecast period (2019 - 2024).- The market is dynamic and ...

Amino Acid Companies in China

Amino Acid Companies in China

  • $ 1800
  • July 2019

This study focuses on China’s Amino Acid industry assessments and company profiles.In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing ...

Free From in India $ 990 April 2019

Eggs in the US $ 990 April 2019


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on