Press release
Insect-based Ingredients Market Booming Worldwide With Leading - Insect, Protix, AgriProtein, Proti-Farm, Enterra Feed Corporation
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The Insect-based Ingredients market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Insects like grasshoppers, locusts, and crickets, belonging to the orthoptera family, are increasingly used as ingredients in human foods. However, their use in livestock feed remains less prevalent compared to conventional ingredients such as fish meal, fish oil, soybeans, and grains. The market for insect-based ingredients is poised for significant expansion in the coming years, driven by increasing pet ownership and growing demand for animal-based proteins in pet food. Additionally, there is expected growth in insect-based ingredients due to rising consumer interest in healthier pet food options aimed at reducing the prevalence of heart disease, stress, and depression in animals.
Forecast Growth Projected:
The Global Insect-based Ingredients Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Insect-based Ingredients Market:
Insect, Protix, AgriProtein, Proti-Farm, Enterra Feed Corporation, Entomo Farms Ltd., Enviro Flight LLC, Exo Inc., Nordic Insect Economy Ltd., and Ento Tech.
Segment Covered in the Insect-based Ingredients Market:
By Type (Crickets, Black soldier flies, Mealworms, Ants, Others)
By Usage (Animal Feed, Pharmaceutical Products, Human Food and Beverage)
Regional Analysis:
The global Insect-based Ingredients Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Insect-based Ingredients Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Insect-based Ingredients Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Insect-based Ingredients manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Insect-based Ingredients in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How fast is the Insect-based Ingredients Market growing?
The Insect-based Ingredients Market will exhibit a CAGR of 9.10% during the forecast period, 2024-2031.
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