As per new study on Compatibility Insect Protein Market | Industry size, share, analysis, trend & Forecast to 2021-2029 | EntomoFarms, Aspire Food Group, Protifarm etc.

The ever-growing population is intensifying the strain on the environment. Several studies estimate the global population to surpass the 9-billion market by 2050. Insects are rich in protein and can be consumed indirectly as recomposed foods or used as feed for animals. There are over 2,000 types of edible insects, including beetles, caterpillars, bees, wasps, ants, grasshoppers, locusts, crickets, cicadas, leaf and planthoppers, scale insects and true bugs, termites, dragonflies, and flies. The high nutritional value of edible insects — high-quality protein, vitamins, and amino acids — drives the growth of the insect protein market. Further, insects have a high food conversion rate, which further drives their consumption. The demand for insect protein is expected to grow in the coming years with the rise in health consciousness.

A direct comparison between cricket and beef shows crickets are 69% protein while beef is only 29% protein. Crickets contain nine essential amino acids, along with B12, iron, zinc, magnesium, sodium, potassium, and calcium, and produce 80 times less methane gas than cows; thus, their environmental impact in terms of greenhouse gas production and global warming is far lesser than that of cattle.  A wide variety of products can be made from cricket protein, such as cricket flour, which contains more calcium than milk and more iron than spinach. Insect-based flour incorporating crickets and mealworms can be used to produce biscuits, cookies, bread, muffins, desserts, soups, smoothies, chips, and pasta.
High-density polyethylene (PET) films are extensively used in the packaging industry. Various vegetables and fruits, such as cucumbers, bell peppers, strawberries, and tomatoes, maintain good post-harvest quality for long periods of time when coated with chitosan. Studies suggest chitosan decreases respiration rates, inhibits fungal development, and delays ripening due to the reduction of ethylene and carbon dioxide evolution, thereby prolonging shelf life.

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The Major Players Covered in this Report: EntomoFarms, Aspire Food Group, Protifarm, Bühler Group, Insect Technology Group, Hermetia, Koppert Biological Systems, BioFlyTech, New generation systems, Protix, EXO, Coast Protein, & More...

Insect Protein Market Segmentation-
By Insect Type- Cricket, Yellow meal worm, Black soldier fly, Beetles, Caterpillar, Others,
By Product- Protein bars, Protein flour, Smoothie, others,
By Application- Food products, Animal feed, Edible film industry (packaging), By Protein Extraction- Solvent-based, Aqueous-based

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Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Insect Protein in the APAC Region:
Asia-Pacific region is anticipated to hold the largest market share in the global Insect Protein market during the forecast period 2021-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Insect Protein and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Insect Protein. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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The report covers exhaustive analysis on:
Overview of the parent market
Global Insect Protein Market Segments, Dynamics, Market Size, Share, Price, Volume, and Cost
Historical, current and projected market size in terms of volume and value
Global Insect Protein Market Forecast 2021 to 2029
Supply & Demand Value Chain
Global Insect Protein Market dynamics, including the current trends/drivers/threats/restraints/challenges
Potential and niche segments/regions exhibiting promising growth
Market landscape, competition, and leading companies involved
Strategies of leading companies and product offerings
Technological advancements

Key Questions Answered in the Report:
What is the current scenario of the Global Insect Protein market? How is the market going to prosper throughout the forecast period?
What are the emerging technologies and related tools that are going to profit the market?
What is the current size of the Global Insect Protein Market?
Which segments are the fastest growing and the largest in the market? What is their market potential?
What are the driving factors contributing to market growth during the short, medium, and long term?

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