The demand for insect protein is expected to grow in the coming years with the rise in health consciousness. Therefore, it seems that the main market for insect protein will be for animal feed. Some of the key companies that are present in the global insect-based protein market are Thailand Unique, EnviroFlight LLC, CRIK Nutrition, Kric8, Nordic Insect Economy Ltd., Deli Bugs Limited., Proti-Farm, Hopper Foods, Kreca Ento-Food, Entomo Farms Ltd., Agriprotein Technologies, and Exo Protein are among the other insect-based protein producers. for the forecast years. 40 ($8.29/Ounce) Get it as soon as Tue, Aug 17. Press Release issued Dec 7, 2021: The insect protein market is projected to reach USD 1,336 million by 2025, from USD 144 million in 2019, at a CAGR of 45.0% during the forecast period. "Global Insect Protein market size is expected to gain market growth in the forecast period of 2021 to 2027, with a CAGR of 12.3% in the forecast period of 2021 to 2027 and will expected to reach USD XXX million by 2027" The insect market is still niche; however, this space could soon be swarming with small brands disrupting the landscape and acting as catalysts for change within the food industry. With its increased application in food and beverages, pet food, cosmetics, and pharmaceuticals the Insects Protein Market is gaining importance. Rising demand from Europe will give tailwind to sustainable future prospects. Nutritional value of edible insects. In poultry feed, the largest potential lies in layer hens and is more limited for broilers because of the high price point of insects compared to soybean meal. It appears that in Western markets consumer acceptability will be a great barrier to marketing insect-based food to humans. High cost of producing insect protein can hamper the insect protein market. Insect protein is the powder gotten from dried creepy crawlies post the expulsion of oil from them . Four alternative-protein profiles offer promising opportunities for CPG companies: Plant protein: This type of protein is the most well established and is derived from protein-rich seeds All of the segments are. Increasing government support & regulations and high . The research team projects that the Insect Protein market size will grow from XXX in 2019 to XXX by 2027, at an estimated CAGR of XX. The Global Insect Protein Market 2021 is segmented as per type of product and application. The growth is majorly driven by the willingness of the wealth investors to capitalize with developing insect protein manufacturers. Further, insects have a high food conversion rate, which further drives their consumption. The global Insect Protein Market size was worth USD 144 million in 2021, and it is projected that it will reach USD 1.33 billion by 2026 at a CAGR of 45.7% during the outlook period. Experimentation with small-scale mealworm-rearing and processing of insects into food products sheds light on new opportunities for the adventurous entrepreneur and farmer. Some of the prominent trends that the market is witnessing include high acceptance of crickets in the food industry due to high protein content, growing food equipment manufacturers in insect rearing, and high feed conversion ratio of insects. - All Natural Healthy High Protein Insect Treat - Chickens, Birds, Hedgehogs, Bluebirds, Reptiles, Sugar Gliders, Opossums, Skunks, Lizards, Fish, Turtles, Amphibians. The global insect protein market size is expected to register a significant CAGR of 25% during the forecast period 2021 to 2027 and estimated at around USD 270 million in 2020.The growing consumer shift towards insect protein around the world is a primary factor to drive the market growth. Latest survey on Global Insect Protein Market is conducted to provide hidden gems performance analysis to better demonstrate competitive environment of Insect Protein Industry. AAFCO votes to include BSF larvae and BSF meal in dog food and treats. Insect Protein Market study further draws attention to the competitive . The MarketWatch News Department was not involved in the creation of this content. Insect Protein market is expected to surpass US$ 322 Mn by the end of 2029, exhibiting an impressive rise at 28% CAGR between 2019 and 2029. Driven by the increasing government support for insect protein research, in terms of initiative and funding, the insect protein market is registering a significant rise in its global valuation. Over 2 billion people around the world already eat insects as part of a regular diet, and the trend is… We estimate that the insect protein market could be worth up to US$8bn by 2030 (+24% CAGR)*. Aquafeed market: Insect protein used alongside fish-and soybean meal. Insect protein is the powder derived from dried insects after removing the oil from them. The insect protein produced from this process can be used as an ingredient for animal feed or human food. Dec 27, 2021 (The Expresswire) -- In 2022, " Used of Insect as Protein Market "Size, Status and Development . global insect protein market is segmented by insect type (orthoptera, beetles, mealworms, cicadas, termites, bees, wasps, ants, and others), by end-use industry (food & beverages, animal nutrition (aquafeed, pet food, and cattle feed) ), and by region (north america, latin america, europe, asia pacific, middle east, and africa) - share, size, … Also, lack of awareness of the availability and usability of this product can significantly hamper the growth of this market. The global Insect Protein market size is expected to be worth around US$ 1 billion by 2027, according to a new report by Vision Research Reports. The global insect protein market research delivers a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The demand for insect protein is expected to grow in the coming years with the rise in health consciousness. Insect Protein Market Size And Forecast. This research report on the worldwide insect protein market evaluates market trends and prospects in details to offer a comprehensive study. Insect Protein Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Insect Type (Crickets, Black Soldier Flies, Mealworms, Ants, Grasshoppers, Others); Application (Food and Beverages, Animal Nutrition, Pharmaceuticals) and Geography. Based on expression systems, the global protein expression technology market is segmented into prokaryotic, insect, mammalian, yeast and others; by application into drug discovery, protein purification, protein-protein interaction, disease diagnostics & monitoring and others; by end user into pharmaceutical companies, biotechnology companies . Furthermore, the intake of animal products such as beef, eggs, and milk continues to increase as a result of fast population growth, making environmental . Currently only a few tons of insects proteins are used in aquafeed, since the nutritional qualities don't compete with the . Get more details on this report - Request Free Sample PDF The Global Insect Protein Marketreport provides a holistic evaluation of the market. North America and Europe dominated the insect protein market in 2018 Insects have been an integral part of the traditional diet in Southeast Asian countries; hence, the adoption of processed. The insect protein market is estimated to be valued at USD 144 million in 2019 and is projected to reach USD 1,336 million by 2025, recording a CAGR of 45.0% during the forecast period. Here's a closer examination of why companies are so intrigued by the edible insect market. The global market size of edible insects is estimated to be more than US$ 25 Bn and is projected to grow at massive rates. This statistic shows the estimated value of the edible insect and insect protein market in Mexico from 2018 to 2023. This by product is used for human and . The global insect protein market is estimated to increase at a CAGR of 21.56% to reach USD 432 Mn till 2027. Insect Protein Market by product types and application chapter contains production, growth rate, revenue, market share, price analysis by types. Increasing demand for high protein, low fat & economical food source along with shifting trends in dietary needs is likely to stimulate market outlook. The study also elucidates valuable insights about profitability position, market size, regional valuation, growth dynamics, and revenue estimation of the business vertical. Insect protein is high-quality. Thus, the research firm the publisher has evaluated the global insect protein market revenue as $62.55 million in 2020 and estimates the opportunities to increment with a profitable CAGR of 20.96% during the forecast period 2020-2025. Insect protein market is expected to gain market growth in the forecast period of 2020 to 2027. Insect nutritional value varies with diet, developmental stage, sex, species, growth environment, and measurement methods (van Huis and Oonincx, 2017).Nevertheless, researchers generally agree that insects are extremely rich in protein, fat, and vitamins (Rumpold and Schluter, 2013a).Nutrient compositions of edible insects as published in literatures (based . Insect Protein Marketis estimated to be valued at USD 178,340.4 thousand by 2023 and expected to grow at a CAGR of 23.00% during the forecast period, The Global Insect Protein Market Shares segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Entomophagy. Novel Insect Protein Approved for U.S. Pet Food Market. The global market size, share along with dynamics are covered in the insect alternative protein market report Insect protein powders are the emerging product segments whose penetration varies from country to country. Most of the insect's body is composed of protein which is ideal for protein alternatives. The global food and beverage, animal feed industry are in the search of new ingredients and nutritional sources which can fulfill the consumer's nutritional demand, the adoption of insect protein is has been growing in the food and beverage industry. The global insect protein market was valued at USD 271.3 million in 2020 and is expected to grow at a CAGR of 24.9% during the forecast period. Insect Protein Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Insect Type (Crickets, Black Soldier Flies, Mealworms, Ants, Grasshoppers, Others); Application (Food and Beverages, Animal Nutrition, Pharmaceuticals) and Geography. The demand for insect protein, mainly as an ingredient in feed and pet food, could reach half a million metric tons by 2030, up from today's market of around 10,000 metric tons, predict the authors of a new RaboResearch report. The global Insect Protein market size was valued at US$ 210.6 million in 2019 and is anticipated to grow at a CAGR of 25.0% during forecast period 2020 to 2027. This insect protein market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and . The increasing demand for food products with high protein content has resulted in increased demand for the various protein-rich foods and… Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. Key Market Trends Largest Segment By End User : Food and Beverages By application, F&B sector retained the top position throughout the review period. The global insect protein market size was estimated at USD 210.7 million in 2018 and is projected to expand at a revenue-based CAGR of 25.1% during the forecast period. source: IQI Petfood. The high nutritional value of edible insects — high-quality protein, vitamins, and amino acids — drives the growth of the insect protein market. The study is a mix . Global sales of insect-based pet food are projected to total $7 billion in 2021, predicts Future Market Insights (FMI).Growing demand for organic and sustainable pet food is expected to propel sales of insect-based pet food at a 9.3% CAGR, pushing the market size to $17.29 billion by 2030. Growth Factors [153 Pages Report] The insect protein market is projected to reach USD 1,336 million by 2025, from USD 144 million in 2019, at a CAGR of 45.0 % during the forecast period. The global insect protein market for animal feed application was valued at over USD 70 million in 2020. Insect protein adoption has been the in the food & beverage market, owing to a growing need for protein alternatives by food & beverage manufacturers to meet rising customer demand. The insect protein market has been segmented by insect type (grasshoppers, ants, crickets, mealworms, black soldier flies, and others), by based on the application (animal nutrition, food and beverages, pharmaceutical, cosmetics). Insects are supposed to be the highest source of protein and insects are processed to derived protein powder. Mealworm Munchies (1.9 oz.) In August 2021, AAFCO (Association of American Feed Control Officials) voted to include adult dogs among the animals for which the ingredients whole dried black soldier fly larvae and black . The global insect protein market size is expected to reach US$ XX Mn. Market Overview: Insect Alternative Protein Market is anticipated to reach USD XX.X MN by 2026, this market report provides the growth, trends, key players & forecast of the market based on in-depth research by industry experts. - News and Updates Alternatives are protein-rich ingredients sourced from plants, insects, fungi, or through tissue culture to replace conventional animal-based sources (Exhibit 3). Global Insect Protein Market: Market Dynamics. Factors such as rising population intending to consume natural and quality food sources that reduces the carbon foot prints, growing youngsters and middle aged . Technological advances are accelerating the growth of the market with new ways of including insect proteins in other food and feed. In 2018, the edible insect and insect protein market in Mexico was estimated at . [123 Pages Detailed Report] The 'Insect Protein Market study' offers an in-depth analysis pertaining to potential drivers fueling this industry. Factors such as the increasing need for protein as nutrition and increasing investments in research & development are driving the growth of the insect protein . - News and Updates 4.3 out of 5 stars. The report offers valuation and analysis of insect protein market on a global as well as regional level. Insect protein-based animal feed products are likely to gain traction over the forecast period owing to the high content of proteins, vitamins, minerals, and fiber in insects which is comparable to that of its animal-based counterparts. Insect protein is the powder gotten from dried creepy crawlies post the expulsion of oil from them . Insects are a rich source of protein and are being processed to form insect protein powders that are . Superiority of insect protein, like more or comparable quantities of protein as well as digestibility to other Animaland Plant proteins, has been constantly increasing its demand in the F&B sector. Insect Protein Marketis estimated to be valued at USD 178,340.4 thousand by 2023 and expected to grow at a CAGR of 23.00% during the forecast period, The Global Insect Protein Market Shares segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Insect Protein Market study further draws attention to the competitive . Insect Protein Market Highlights The global insect protein market Share is estimated to be valued at USD 178,340.4 thousand by 2023 and expected to grow at a CAGR of 23.00% during the forecast period. Sustainable 'meat.' Producing invertebrates for human consumption is nothing new. The high nutritional value of edible insects — high-quality protein, vitamins, and amino acids — drives the growth of the insect protein market. [123 Pages Detailed Report] The 'Insect Protein Market study' offers an in-depth analysis pertaining to potential drivers fueling this industry. According to the new market research report "Insect Protein Market by Insect Type (Crickets, Black Soldier Flies, Mealworms, Ants, and Grasshoppers), Application (Food & Beverages, Animal Nutrition (Aquafeed, Pet Food, and Poultry Feed), Pharmaceuticals & Cosmetics), Region - Global Forecast to 2025," published by MarketsandMarkets, the insect protein market is projected to reach $1.3 . According to the current analysis of Reports and Data, the global Insect protein market is estimated to grow at a CAGR of 38% and reach 1.4 billion by 2026. The global insect protein market is expected to grow at an astounding CAGR of 28% from 2019 to 2029. Insect Protein Market was valued at USD 136.80 Million in 2019 and is projected to reach USD 2,449.37 Million by 2027, growing at a CAGR of 43.20% from 2020 to 2027.. Insect protein is the powder obtained from dried insects post the removal of oil from them. The global insect protein market was estimated at 148 (USD Million) in 2019 and is projected to be valued at over 1400 (USD Million) by 2025 at a CAGR of 45.7% over 2019-2025. Feed. Global "Insect Protein Market" Report 2021 provides key statistics on the market status of the Insect Protein Industry and is a valuable source of guidance and direction for companies and individuals interested in the Insect Protein Market.The Report covers the companies' data, including Growth potential analysis, Executive Summary, Data sources, Industry segmentation, Porter's 5-force . in 2019, at a CAGR of 40.12% during the forecast period. The report indicates the market for insect protein as a pet food ingredient is expected to reach 150,000 metric tons globally by 2030. And downstream market overview, consumption, growth . The edible insect market, which surpassed $112 million in 2019, is expected to grow at a compound annual growth rate of 26.5% from 2020 to 2027 to reach $4.63 billion by 2027, according to Research and Markets.. Companies are banking on this unique way to produce protein. Poultry market. Beyhan de Jong and Gorjan Nikolik, senior analysts, seafood, Rabobank, say reaching that tonnage milestone in 2030 . The market is driven by factors such as the shift in consumer preference from animal protein to alternative protein such as insect protein due to the increased concerns over future sustainability, and the . The Food and Agriculture Organization, a specialized agency . Edible Insects Market by Product (Whole Insect, Insect Powder, Insect Meal, Insect Oil) Insect Type (Crickets, Black Soldier Fly, Mealworms), Application (Animal Feed, Protein Bar and Shakes, Bakery, Confectionery, Beverages) - Global Forecast to 2027 Edible insects market size exceeded USD 112 million, globally in 2019 and is estimated to grow at over 47% CAGR between 2019 and 2026. Cost benefits, production efficiency, and nutritional value offered by insects are main drivers of growth in insect protein market. Historic back-drop for the insect protein market has been analyzed according to organic and inorganic developments . Insect protein. Market Analysis and Insights: Global Insect Protein Market is predicting to uprising at a considerable rate during the forecast period 2021 to 2025. the Industry is growing at a reliable and with . 14.1 Insect Protein Market Size 14.2 Insect Protein Demand by End Use 14.3 Competition by Players/Suppliers 14.4 Type Segmentation and Price Chapter 15 Global Insect Protein Market Forecast (2021 . Edible insects, having the ability to be reared on organic waste produce very fewer greenhouse gases and hence hold potential for . Driven by the increasing government support for insect protein research, in terms of initiative and funding, the insect protein market is registering a significant rise in its global valuation. The report on Global Insect Protein Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. The edible insect and insect protein industry in China presently accounts for $49.1 million in 2018. Further, insects have a high food conversion rate, which further drives their consumption. Insect Protein Market Highlights The global insect protein market Share is estimated to be valued at USD 178,340.4 thousand by 2023 and expected to grow at a CAGR of 23.00% during the forecast period. This research report on the worldwide insect protein market evaluates market trends and prospects in details to offer a comprehensive study. Insect Protein Market: The global insect protein market is anticipated to grow at a CAGR of 45% during the forecast period, 2020-2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 24.2% in the forecast period of 2020 to 2027 and expected to reach USD 2,067,993.62 thousand by 2027. The base year considered for the study is 2019, and the market size is projected from 2020 to 2027. Each segment is carefully analyzed for exploring its market potential. The study also elucidates valuable insights about profitability position, market size, regional valuation, growth dynamics, and revenue estimation of the business vertical. The Global Insect Protein Market is poised to grow strong during the forecast period 2018 to 2028. The global insect protein market size is expected to reach USD 1.01 billion by 2025, exhibiting a revenue-based CAGR of 25.1% over the forecast period, according to a new report by Grand View Research, Inc. The global insect-based protein market is experiencing a significant rise due to their rising demand from various industries, such as animal feed, food & beverages, pharmaceuticals, cosmetics, and others. Insect protein market is dominating in the market due to due to high . This growth can be attributed to rapid adoption from manufacturers and consumers alike. Insect protein market is expected to reach USD 142.5 million by 2027 growing at a growth rate of 44% in the forecast period 2020 to 2027. by 2026 from US$ XX Mn. FREE Shipping on orders over $25 shipped by Amazon. The increasing demand for food products with high protein content has resulted in increased demand for the various protein-rich foods and… Rabobank expects that the aquafeed market will cover 40% of the insect protein market by 2030, a global market potential of 200,000 metric tons. China contributes around one-fifth of Asian edible insect and insect protein market. Global Insect Protein Market was valued at USD 142.2 Million in 2019, and is projected to grow at CAGR of 45% over forecast period 2020-2026. The market is driven by factors such as the shift in consumer preference from animal protein to alternative protein such as insect protein due to the increased concerns over future sustainability . Among different insects, edible insects act as a dynamic solution to provide novel and protein food. The increasing public and private support for new protein sources in emerging economies are further . The insect protein market is projected to reach USD 4562 million by 2027, from USD 342.66 million in 2020, at a CAGR of 45% during the forecast period.