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Insect Protein Market Share, Size, Trends, Industry Analysis Report, By Product, By Application, By Regions; Segment Forecast, 2021 - 2028

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    Report

  • 109 Pages
  • May 2021
  • Region: Global
  • Polaris Market Research
  • ID: 5397014
The global insect protein market size is expected to reach USD 1.48 billion by 2028 according to a new study. The report “Insect Protein Market Share, Size, Trends, Industry Analysis Report, By Product (Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera, Diptera, Others), By Application (Food & Beverages, Animal Nutrition, Personal Care & Cosmetics, Others), By Regions; Segment Forecast, 2021 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The ability of wealthy investors to invest in emerging insect protein producers is driving the development. According to the Food and Agriculture Organization (FAO), around 2 billion have insect protein in varied c- U.Sines. Some of the main factors pushing the overall market growth are a shift in consumer preference for a s- U.Stitute protein source, and widespread accessibility of edible insects.

Lesser ecological stress and the nutritional value of insects are also anticipated to - U.Surge the demand. Flexitarians, like those who eat organic or follow a paleo diet, stop eating meat and are usually more obsessed with food safety and sourcing. This shift in food attitudes is anticipated to create lucrative opportunities in the target market growth for insect protein.

Crickets, locusts, and grasshoppers are all associates of the Orthoptera insect order. Over the forecast timeframe, it is projected to retain a sizable market share. Crickets, in general, have better nutritional content, containing approximately 65.0% protein and providing a total protein and essential amino acid profile.

Cricket-derived protein ingredients are progressively being sold as s- U.Stitutes to animal-based protein. Furthermore, as opposed to animal-based protein ingredients, these protein additives require less water and emit fewer greenhouse gases during production.

Cricket-derived protein additives are commonly used in energy bars. These additives are widely used as a powder to make energy bars taste better. For example, leading market participants such as Crik Nutrition (a Canadian company) source crickets through farms that have been planned and checked to develop crickets fit for human food and enforce normal rules and procedures for the very same.

Growing popularity of insects as eatables in both feed and food applications, Europe accounted for the largest share of the market, particularly in countries like Denmark and France. Numerous studies are being conducted to determine the long-term benefits, which is anticipated to boost regional market growth for insect protein over the forecast period.

Market participants such as Aspire Food Group Protifarm, Chapul Cricket Protein, EnviroFlight LLC, Ÿnsect, AgriProtein Holdings Ltd. Hexafly, Jimini’s, and Swarm Nutrition GmbH, Innovafeed, EntomoFarms, and Protix some of the key players operating in the market for insect protein.

The publisher has segmented the insect protein market report based on product, application, and region:


Insect Protein, Product Outlook (Revenue - USD Billion, 2016 - 2028)


  • Coleoptera
  • Lepidoptera
  • Hymenoptera
  • Orthoptera
  • Hemiptera
  • Diptera
  • Others

Insect Protein, Application (Revenue - USD Billion, 2016 - 2028)


  • Food & Beverages
  • Animal Nutrition
  • Personal Care & Cosmetics
  • Others

Insect Protein, Regional Outlook (Revenue - USD Billion, 2016 - 2028)


  • North America
  • U.S
  • Canada
  • Europe
  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Netherlands
  • Austria
  • Asia Pacific
  • China
  • India
  • Japan
  • Malaysia
  • South Korea
  • Indonesia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
Frequently Asked Questions about the Insect Protein Market

What is the estimated value of the Insect Protein Market?

The Insect Protein Market was estimated to be valued at $271.3 Million in 2021.

What is the growth rate of the Insect Protein Market?

The growth rate of the Insect Protein Market is 27.4%, with an estimated value of $1480 Million by 2028.

What is the forecasted size of the Insect Protein Market?

The Insect Protein Market is estimated to be worth $1480 Million by 2028.

Who are the key companies in the Insect Protein Market?

Key companies in the Insect Protein Market include Aspire Food Group Protifarm, Chapul Cricket Protein, EnviroFlight LLC, Ÿnsect, AgriProtein Holdings Ltd. Hexafly, Jimini’s, Swarm Nutrition GmbH, Innovafeed, EntomoFarms and Protix..

Table of Contents

1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Insect Protein Market Insights
4.1. Insect Protein - Industry snapshot
4.2. Insect Protein Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Consumer preference towards insect proteins
4.2.1.2. Food Security
4.2.2. Restraints and Challenges
4.2.2.1. Probable food allergies
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Insect Protein Market Industry trends
5. Insect Protein Market Assessment by Product
5.1. Key Findings
5.2. Introduction
5.2.1. Global Insect Protein Market, By Product, 2016 - 2028 (USD Million)
5.3. Coleoptera
5.3.1. Global Insect Protein Market, by Coleoptera, by Region, 2016 - 2028 (USD Million)
5.4. Lepidoptera
5.4.1. Global Insect Protein Market, by Lepidoptera, by Region, 2016 - 2028 (USD Million)
5.5. Hymenoptera
5.5.1. Global Insect Protein Market, by Hymenoptera, by Region, 2016 - 2028 (USD Million)
5.6. Orthoptera
5.6.1. Global Insect Protein Market, by Orthoptera, by Region, 2016 - 2028 (USD Million)
5.7. Hemiptera
5.7.1. Global Insect Protein Market, by Hemiptera, by Region, 2016 - 2028 (USD Million)
5.8. Diptera
5.8.1. Global Insect Protein Market, by Diptera, by Region, 2016 - 2028 (USD Million)
6. Global Insect Protein Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Insect Protein Market, By Application, 2016 - 2028 (USD Million)
6.3. Food & Beverages
6.3.1. Global Insect Protein Market, by Food & Beverages, By Region, 2016 - 2028 (USD Million)
6.4. Animal Nutrition
6.4.1. Global Insect Protein Market, by Animal Nutrition, by Region, 2016 - 2028 (USD Million)
6.5. Personal Care & Cosmetics
6.5.1. Global Insect Protein Market, by Personal Care & Cosmetics, by Region, 2016 - 2028 (USD Million)
6.6. Others
6.6.1. Global Insect Protein Market, by Others, by Region, 2016 - 2028 (USD Million)
7. Insect Protein Market Assessment by Geography
7.1. Key findings
7.2. Introduction
7.2.1. Insect Protein Market Assessment, By Geography, 2016 - 2028 (USD Million)
7.3. Insect Protein Market - North America
7.3.1. North America: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.3.2. North America: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.3.3. Insect Protein Market - U.S.
7.3.3.1. U.S.: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.3.3.2. U.S.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.3.4. Insect Protein Market - Canada
7.3.4.1. Canada: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.3.4.2. Canada.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.4. Insect Protein Market - Europe
7.4.1. Europe: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.4.2. Europe: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.4.3. Insect Protein Market - UK
7.4.3.1. UK: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.4.3.2. UK: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.5. Insect Protein Market - France
7.5.1. France: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.5.2. France: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.5.3. Insect Protein Market - Germany
7.5.3.1. Germany: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.5.3.2. Germany: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.5.4. Insect Protein Market - Italy
7.5.4.1. Italy: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.5.4.2. Italy: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.5.5. Insect Protein Market - Spain
7.5.5.1. Spain: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.5.5.2. Spain: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.5.6. Insect Protein Market - Netherlands
7.5.6.1. Netherlands: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.5.6.2. Netherlands: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.5.7. Insect Protein Market - Austria
7.5.7.1. Austria: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.5.7.2. Austria: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.6. Insect Protein Market - Asia-Pacific
7.6.1. Asia Pacific: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.6.2. Asia Pacific: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.6.3. Insect Protein Market - China
7.6.3.1. China: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.6.3.2. China: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.6.4. Insect Protein Market - India
7.6.4.1. India: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.6.4.2. India.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.6.5. Insect Protein Market - Malaysia
7.6.5.1. Malaysia: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.6.5.2. Malaysia: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.6.6. Insect Protein Market - Japan
7.6.6.1. Japan: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.6.6.2. Japan: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.6.7. Insect Protein Market - Indonesia
7.6.7.1. Indonesia: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.6.7.2. Indonesia: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.6.8. Insect Protein Market - South Korea
7.6.8.1. South Korea: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.6.8.2. South Korea.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.7. Insect Protein Market - Middle East & Africa
7.7.1. Middle East & Africa: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.7.2. Middle East & Africa.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.7.3. Insect Protein Market - Saudi Arabia
7.7.3.1. Saudi Arabia: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.7.3.2. Saudi Arabia.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.7.4. Insect Protein Market - UAE
7.7.4.1. UAE: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.7.4.2. UAE: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.7.5. Insect Protein Market - Israel
7.7.5.1. Israel: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.7.5.2. Israel: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.7.6. Insect Protein Market - South Africa
7.7.6.1. South Africa: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.7.6.2. South Africa: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.8. Insect Protein Market - Latin America
7.8.1. Latin America: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.8.2. Latin America: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.8.3. Insect Protein Market - Mexico
7.8.3.1. Mexico: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.8.3.2. Mexico.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.8.4. Insect Protein Market - Brazil
7.8.4.1. Brazil: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.8.4.2. Brazil.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
7.8.5. Insect Protein Market - Argentina
7.8.5.1. Argentina: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
7.8.5.2. Argentina.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
8. Competitive Landscape
8.1. Expansion and Acquisition Analysis
8.1.1. Expansion
8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
9.1. Aspire Food Group
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Recent Development
9.2. Protifarm
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Recent Development
9.3. EntomoFarms
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Recent Development
9.4. Chapul Cricket Protein
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Recent Development
9.5. AgriProtein Holdings Ltd
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Recent Development
9.6. Innovafeed
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Recent Development
9.7. Hexafly
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Recent Development
9.8. EnviroFlight LLC
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Recent Development
9.9. Ÿnsect
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Recent Development
9.10. Protix
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Recent Development
9.11. Aspire Food Group
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Recent Development
9.12. Imago Insect Products GmbH
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Recent Development
List of Tables
Table 1. Global Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 2. Global Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 3. Insect Protein Market Assessment, By Geography, 2016 - 2028 (USD Million)
Table 4. North America: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 5. North America: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 6. U.S.: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 7. U.S.: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 8. Canada: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 9. Canada: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 10. Europe: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 11. Europe: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 12. UK: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 13. UK: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 14. France: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 15. France: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 16. Germany: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 17. Germany: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 18. Italy: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 19. Italy: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 20. Spain: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 21. Spain: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 22. Netherlands: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 23. Netherlands: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 24. Austria: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 25. Austria: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 26. Asia Pacific: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 27. Asia Pacific: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 28. China: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 29. China: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 30. India: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 31. India: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 32. Malaysia: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 33. Malaysia: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 34. Japan: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 35. Japan: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 36. Indonesia: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 37. Indonesia: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 38. South Korea: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 39. South Korea: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 40. Middle East & Africa: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 41. Middle East & Africa: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 42. Saudi Arabia: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 43. Saudi Arabia: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 44. UAE: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 45. UAE: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 46. Israel: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 47. Israel: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 48. South Africa: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 49. South Africa: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 50. Latin America: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 51. Latin America: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 52. Mexico: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 53. Mexico: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 54. Brazil: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 55. Brazil: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
Table 56. Argentina: Insect Protein Market, By Product, 2016 - 2028 (USD Million)
Table 57. Argentina: Insect Protein Market, By Application, 2016 - 2028 (USD Million)
List of Figures
Figure 1 Market Highlights (2020, Revenue)
Figure 2 Integrated Ecosystem
Figure 3 Research Methodology: Top Down & Bottom Up Approach
Figure 4 Market by Geography
Figure 5 Porter’s Five Forces
Figure 6 Market by Product
Figure 7 Global Insect Protein Market, By Product, 2020 & 2028 (USD Million)
Figure 8 Market by Application
Figure 9 Global Insect Protein Market, By Application, 2020 & 2028 (USD Million)
Figure 10 Insect Protein Market Assessment, By Geography, 2016 - 2028 (USD Million)
Figure 11 Strategic Analysis - Insect Protein Market

Companies Mentioned

  • Aspire Food Group Protifarm
  • Chapul Cricket Protein
  • EnviroFlight LLC
  • Ÿnsect
  • AgriProtein Holdings Ltd. Hexafly
  • Jimini’s
  • Swarm Nutrition GmbH
  • Innovafeed
  • EntomoFarms
  • Protix.