The Global Insect Protein Market is estimated to reach USD 1.3 Billion by 2023, at a CAGR of 110.2%. This report features the market growth analysis and forecasting for the growth and revenue up to 2023 allied with the Insect protein Market.
December 6, 2017 /MarketersMedia/ —
The Global Insect Protein Market is segmented on the basis of product type, application, distribution channel, and regions. The Beetle edible insects segment was dominated in the market by 2016. Food items use mealworm powders and cricket powders which are protein rich. They are used as energy bars, snack bars, and protein bars. Grasshoppers are considered as natural food.
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The Global Insect Protein Industry report also identifies major market players and provides analysis in terms of company overview, Financials, products & services, market trends, recent developments and growth strategies.
As it contains 70% protein-rich and can prove to be advantageous as compared to poultry or meat consumption. Cricket based protein items are consumed as healthy snacks. The Insect protein bars segment is predicted to have large market share by 2023. They mainly contain mealworm, grasshopper, and cricket and promoted as energy bars.
With the increase in population and the decrease in cropland drives the insect protein market. The rise in the importance towards alternative feeds, i.e. nutrient rich is an important trend that drives the insect protein market globally.
The major nutritional value that edible insects carry is its ability to deliver higher levels of protein per weight in a sustainable way as compared to traditional foods. Rise in consumption of insects due to increasing health issues and avoiding unhealthy diet can favor product demand. Health awareness among the consumers and growing application use in the food sector has resulted in Insect Protein industry expansion.
Top Key Players Analyzed in Global Insect Protein Market are –
• Thailand Unique
• Kreca Ento-Food Bv
• Nordic Insect Economy Ltd.
• Entomo Farms Ltd.
• Enviro Flight
• Exo Inc.
• Crik Nutrition
• Deli Bugs Ltd.
• Agriprotein Technologies
Complete report on Insect Protein Industry spread across 120 pages, profiling 11 companies and supported with tables and figures. Inquire for more at – https://www.orianresearch.com/discount/425067 .
Key Benefit of This Report:
• This report provides current market trends and future growth expectations.
• This report examines the market size and changing competitive dynamics
• It covers information regarding key drivers, challenges or restraining market growth
• It provides a five-year forecast assessed on the basis market value chain, Porter’s five forces, and supply chain management.
• Market factor analysis delivers treasured information regarding the possible purchasers and suppliers and understanding the stakeholders involved.
• This report incorporates data regarding companies and business decision by having complete insights on the markets and by creating in depth analysis of market segments.
• Insect Protein products manufacturers
• Insect Protein distributors
• Various research and consulting companies
• Research laboratories and research institutes
• Universities and CROs
As per reports of FAO (Food & Agricultural Organization) of the United Nations (UN), insects emit low proportion of greenhouse gases and can be consumed as sustainable diet. All these aspects are predicted to drive the Insect Protein industry growth during forecast time.
Regionally, North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa constitute the key market segments. Asia Pacific dominated the global Insect protein industry in terms of volume and revenue, followed by Europe.
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Major Points Covered in Table of Contents:
1 Executive Summary
2 Demographic Overview
3 Research Methodology
4 Premium Insights
5 Market Overview
6 Market Factor Analysis
7 Global Insect Protein Market By Product
8 Global Insect Protein Market By Application
9 Global Insect Protein Market By Distribution Channel
10. Global Insect Protein Market By Region
11 Market Trends & Competitive Analysis
12 Company Profiles
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