Market Overview:
The global insect protein powder market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for insect protein powder from various applications such as human consumption, animal nutrition, cosmetics and pharmaceuticals. Insects are a rich source of proteins, vitamins, minerals and other nutrients that make them an excellent source of nutrition for humans as well as animals. They are also low in fat and cholesterol levels which makes them an ideal choice for people looking for healthy food options. Additionally, the use of insect protein powder in cosmetics and pharmaceutical products is expected to increase significantly in the coming years owing to its high nutritional value and health benefits. Some of the major players operating in this market include Proti-Farm (Netherlands), Entomo Farms (Canada), EnviroFlight LLC (U.S.), Kreca Biotech BV (Netherlands) and All Things Bugs LLC (U.S.).
Product Definition:
Insect Protein Powder is made from ground-up insects. It is a high-quality protein that contains all the essential amino acids. Insect Protein Powder can be used in smoothies, shakes, and other recipes to increase the protein content.
Ants:
Ants are insects of the order Hymenoptera. There are over 250,000 different species of ants in more than 20 families worldwide. Ants form a significant part of the insect world and have been on earth much longer than humans; they date back to the time of dinosaurs.
Crickets:
Cricket powder is a by-product obtained from the processing of cricket flour. It consists of amino acids and proteins which are used in various food products such as energy bars, protein powders, cookies & cakes among others. Crickets are insects that belong to the order Orthoptera and have a hard exoskeleton along with wings. They can grow up to 20 cm long and have different species that vary in size depending upon the region they live in.
Application Insights:
The human consumption segment dominated the global insect protein powder market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to increasing health consciousness among consumers and changing dietary habits towards a more vegan diet. Animal nutrition is expected to be one of the fastest-growing segments owing to rising awareness about proper animal care and well-being coupled with growing demand for high quality animal feed in countries such as China, India and Brazil.
Regional Analysis:
North America insect protein powder market is expected to grow at a significant rate over the forecast period. Increasing consumption of cricket flour in the U.S., owing to its high nutritional content, is one of the major factors driving growth in this region. The product has been approved by Commission E under the Food and Drug Administration (FDA) regulations for use as a food additive for human consumption, which makes it suitable for incorporation into various food products manufactured on a large scale in this region.
Asia Pacific was estimated as the largest regional segment occupying over 40% of total market share in 2017 owing to increasing awareness regarding protein intake among consumers and rising disposable income levels coupled with rapid urbanization trends observed across countries such as China, India, Thailand and Bangladesh are some of them). These aforementioned factors are anticipated to drive demand from 2018 to 2030 time frame.
Growth Factors:
- Increasing awareness about the health benefits of insect protein powder is expected to drive the market growth.
- Growing demand for healthy and sustainable food products is projected to boost the market growth.
- Rising disposable income of consumers is anticipated to fuel the demand for insect protein powder in the coming years.
- Rapid urbanization and changing lifestyle trends are likely to create new opportunities for the market growth in near future.
- Growing inclination towards veganism and vegetarianism is expected to propel Insect Protein Powder Market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Insect Protein Powder Market Research Report
By Type
Ants, Crickets, Silkworms, Cicadas, Mealworms, Grasshoppers, Others
By Application
Human Consumption, Animal Nutrition, Cosmetics and Pharmaceutical
By Companies
Entomo Farms, Exoprotein, Nutribug, Protix, Coast Protein, Aketta, C-fu Foods, Thailand Unique, Kreca Ento-Food, JR Unique Foods, Entomo Farms, Enviro Flight
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Insect Protein Powder Market Report Segments:
The global Insect Protein Powder market is segmented on the basis of:
Types
Ants, Crickets, Silkworms, Cicadas, Mealworms, Grasshoppers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Human Consumption, Animal Nutrition, Cosmetics and Pharmaceutical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Entomo Farms
- Exoprotein
- Nutribug
- Protix
- Coast Protein
- Aketta
- C-fu Foods
- Thailand Unique
- Kreca Ento-Food
- JR Unique Foods
- Entomo Farms
- Enviro Flight
Highlights of The Insect Protein Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ants
- Crickets
- Silkworms
- Cicadas
- Mealworms
- Grasshoppers
- Others
- By Application:
- Human Consumption
- Animal Nutrition
- Cosmetics and Pharmaceutical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Insect Protein Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Insect protein powder is a type of supplement that contains all or part of the proteins found in insects. These powders can be used to help increase muscle mass and improve overall health.
Some of the key players operating in the insect protein powder market are Entomo Farms, Exoprotein, Nutribug, Protix, Coast Protein, Aketta, C-fu Foods, Thailand Unique, Kreca Ento-Food, JR Unique Foods, Entomo Farms, Enviro Flight.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Insect Protein Powder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Insect Protein Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Insect Protein Powder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Insect Protein Powder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Insect Protein Powder Market Size & Forecast, 2018-2028
4.5.1 Insect Protein Powder Market Size and Y-o-Y Growth
4.5.2 Insect Protein Powder Market Absolute $ Opportunity
Chapter 5 Global Insect Protein Powder Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Insect Protein Powder Market Size Forecast by Type
5.2.1 Ants
5.2.2 Crickets
5.2.3 Silkworms
5.2.4 Cicadas
5.2.5 Mealworms
5.2.6 Grasshoppers
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Insect Protein Powder Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Insect Protein Powder Market Size Forecast by Applications
6.2.1 Human Consumption
6.2.2 Animal Nutrition
6.2.3 Cosmetics and Pharmaceutical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Insect Protein Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Insect Protein Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Insect Protein Powder Analysis and Forecast
9.1 Introduction
9.2 North America Insect Protein Powder Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Insect Protein Powder Market Size Forecast by Type
9.6.1 Ants
9.6.2 Crickets
9.6.3 Silkworms
9.6.4 Cicadas
9.6.5 Mealworms
9.6.6 Grasshoppers
9.6.7 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Insect Protein Powder Market Size Forecast by Applications
9.10.1 Human Consumption
9.10.2 Animal Nutrition
9.10.3 Cosmetics and Pharmaceutical
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Insect Protein Powder Analysis and Forecast
10.1 Introduction
10.2 Europe Insect Protein Powder Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Insect Protein Powder Market Size Forecast by Type
10.6.1 Ants
10.6.2 Crickets
10.6.3 Silkworms
10.6.4 Cicadas
10.6.5 Mealworms
10.6.6 Grasshoppers
10.6.7 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Insect Protein Powder Market Size Forecast by Applications
10.10.1 Human Consumption
10.10.2 Animal Nutrition
10.10.3 Cosmetics and Pharmaceutical
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Insect Protein Powder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Insect Protein Powder Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Insect Protein Powder Market Size Forecast by Type
11.6.1 Ants
11.6.2 Crickets
11.6.3 Silkworms
11.6.4 Cicadas
11.6.5 Mealworms
11.6.6 Grasshoppers
11.6.7 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Insect Protein Powder Market Size Forecast by Applications
11.10.1 Human Consumption
11.10.2 Animal Nutrition
11.10.3 Cosmetics and Pharmaceutical
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Insect Protein Powder Analysis and Forecast
12.1 Introduction
12.2 Latin America Insect Protein Powder Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Insect Protein Powder Market Size Forecast by Type
12.6.1 Ants
12.6.2 Crickets
12.6.3 Silkworms
12.6.4 Cicadas
12.6.5 Mealworms
12.6.6 Grasshoppers
12.6.7 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Insect Protein Powder Market Size Forecast by Applications
12.10.1 Human Consumption
12.10.2 Animal Nutrition
12.10.3 Cosmetics and Pharmaceutical
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Insect Protein Powder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Insect Protein Powder Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Insect Protein Powder Market Size Forecast by Type
13.6.1 Ants
13.6.2 Crickets
13.6.3 Silkworms
13.6.4 Cicadas
13.6.5 Mealworms
13.6.6 Grasshoppers
13.6.7 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Insect Protein Powder Market Size Forecast by Applications
13.10.1 Human Consumption
13.10.2 Animal Nutrition
13.10.3 Cosmetics and Pharmaceutical
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Insect Protein Powder Market: Competitive Dashboard
14.2 Global Insect Protein Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Entomo Farms
14.3.2 Exoprotein
14.3.3 Nutribug
14.3.4 Protix
14.3.5 Coast Protein
14.3.6 Aketta
14.3.7 C-fu Foods
14.3.8 Thailand Unique
14.3.9 Kreca Ento-Food
14.3.10 JR Unique Foods
14.3.11 Entomo Farms
14.3.12 Enviro Flight
