Insect-based Protein Market 2021 Major Manufacturers, Industry Growth and Forecast by 2027 | Thailand Unique, Agriprotein Technologies, Proti-Farm, EnviroFlight, Entomo Farms

The Global “Insect-based Protein Market” research report offers detailed information on business development, advanced growth strategies, and forecasted trends. It covers sales patterns, market size, price structure, market share, and market progressions, as well as the current condition and future prospects of the market.

The Insect-based Protein market research report provides a comprehensive insight of the global industry’s revenue, demand situation, competitive landscape, and regional segments. This report also includes a thorough examination of the Insect-based Protein market, including all of the factors that influence market growth, as well as Porter’s Five Forces and SWOT analyses.

The Analysts forecast the global Insect-based Protein market to grow at a CAGR of 46.12 % during the period 2021-2027.

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Some of the Prominent Companies in this Insect-based Protein market are:

Thailand Unique, Agriprotein Technologies, Proti-Farm, EnviroFlight, Entomo Farms, Nordic Insect, Kreca Ento-Food, CRIK Nutrition, Exo Protein, Deli Bugs, Hopper Foods, Kric8

INDUSTRY NEWS

In December 2018, AgriProtein acquired insect feed company Millibeter N.V. (Belgium). Through this acquisition, the former would fund the construction of Millibeter’s first commercial factory in Belgium. This acquisition is expected to accelerate the company’s expansion strategy in Europe.
In January 2019, EnviroFlight LLC opened its first commercial production facility in Kentucky, US, to expand its production of insect protein from black soldier flies. Approximately USD 32 million was invested in the construction of this new facility.

The Insect-based Protein market size, market characteristics, and market growth of the industry are detailed in this study, which is divided into types, applications, and consumption areas. The research also describes the major firms and introduces players in the industry from the standpoint of the industry chain and marketing chain.

MARKET SEGMENTATION

Insect-based Protein Market, by Type

Food and Beverage

Animal Nutrition

Pharmaceutical & Cosmetics

Others

Insect-based ProteinMarket, by Application

Crickets

Black Soldier Flies

Mealworms

Others

Insect-based Protein Market, by Region

Global Insect-based Protein Market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis

Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

REGIONAL ANALYSIS

North America and Europe dominated the insect protein market

In most European and North American countries, human consumption of insects is very low and often considered culturally inappropriate or even taboo. However, considering the growing population in the world and the increasing demand for production of traditional pork, beef, and chicken meat, insects are seriously considered as a source of animal protein. Thus, in these regions, since the acceptance of edible insects is low, manufacturers have been introducing insect protein powder-based products in the form of protein bars, protein powder, pasta, and bakery products. Since the insects are not directly visible to the consumers, such products are easily accepted. Thus, many companies manufacturing insect protein powders have been emerging and are expanding their production capacities in North American and European countries.

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Goals and objectives of the study

Identify major market trends, developments, opportunities, and influencing factors in the worldwide Insect-based Protein market and its sub-segments.
For the global Insect-based Protein market, identify and analyse main industry categories and their corresponding frameworks.
Estimate the global size of the Insect-based Protein market and analyse it by type, application, and region.
Identify key players and analyse the business environment based on recent events and revenue segments.

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What does the Report Include?

The market report contains a complete analysis of the company’s major drivers and constraints, opportunities, and challenges throughout the forecasted timeframe. In addition, the research provides in-depth analysis of the market’s regional changes and how they will influence its growth during the forecast period.

Our research analysts gathered information from industry experts and used a variety of research approaches to compile this report. The competitive landscape provides more information on the companies’ strategies for maintaining market dominance between 2021 and 2026, including product launches, partnerships, mergers and acquisitions, and collaborations.

The report can answer the following questions:

North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Global Insect-based Protein industry.

Global major Innovation and developments operating situation (sales, revenue, growth rate and gross margin) of Global Insect-based Protein industry.

Different types and applications of Global Insect-based Protein industry, market share of each type and application by revenue.

Global market size (sales, revenue) forecast by regions and countries from 2021 to 2026 of Insect-based Protein industry.

PEST analysis of Global Insect-based Protein industry

SWOT analysis of Global Insect-based Protein industry.

Global Insect-based Protein Industry New Project Investment Feasibility Analysis.

Report Customization

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