Global and United States Insect Protein Market Report & Forecast 2023-2029
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The research time span covered by the report is from 2018 to 2029; it provides an overview of the Global Insect Protein Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.
The global Insect Protein market size in 2022 is XX million US dollars, and it is expected to be 1395.5 million US dollars by 2029, with a compound annual growth rate of 24.70% expected in 2023-2029.
Competitive Landscape Analysis:
The main players in the Insect Protein market include Aspire Food Group (US), EntomoFarms (Canada), Protifarm (Netherlands), Jimini’s (UK), and Chapul Cricket Protein (US). The share of the top 3 players in the Insect Protein market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Insect Protein market, and Asia Pacific accounted for XX%.
Segmental Analysis
The report segments the market by Type and Application. Beetles accounted for XX% of Insect Protein market in 2022. Caterpillars share of XX%.
Food & beverage accounted for XX% of the Insect Protein market in 2022. Feed accounts for XX%.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
With the development of the economy, the improvement of residents' consumption level and the upgrade of consumption structure, the food and beverage industry as a whole has shown a good growth trend. In the future, the production capacity will continue to expand, and the industrial structure will be further improved and optimized.
E-Commerce Growth: The growth of e-commerce has significantly impacted the food and beverage industry. Online grocery shopping and food delivery services have witnessed tremendous growth, especially during the COVID-19 pandemic. Companies have been investing in online platforms and expanding their digital presence to cater to changing consumer preferences.
Clean label and transparency: Consumers are increasingly seeking transparency in food products. Clean label initiatives emphasize the use of natural ingredients, removal of artificial additives, and clear and accurate labeling to provide consumers with more information about the food they consume.
Segmental Analysis
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Argentina
Mexico
MEA
Saudi Arabia
UAE
Turkey
Some of the Top Market Players Covered Are:
Aspire Food Group (US)
EntomoFarms (Canada)
Protifarm (Netherlands)
Jimini’s (UK)
Chapul Cricket Protein (US)
Swarm Nutrition GmbH (Germany)
AgriProtein Holdings Ltd. (South Africa)
EnviroFlight LLC (US)
Innovafeed (France)
Ÿnsect (France)
Hexafly (Ireland)
Protix (Netherlands)
Market outlook by product/service type:
Beetles
Caterpillars
Bees
Wasps & ants
Grasshoppers
Locusts
Crickets
True bugs
Black soldier flies
Cicadas
Leafhoppers
Plant hoppers
Scale insects
Termites
Dragonflies
Flies
Mealworms
Others
Market outlook by Application :
Food & beverage
Feed
Pharmaceuticals
Cosmetics
Table of Content
1 Study Coverage
1.1 Insect Protein Product Introduction
1.2 Global Insect Protein Outlook 2018 VS 2023 VS 2029
1.3 United States Insect Protein Outlook 2018 VS 2023 VS 2029
1.4 Insect Protein Market Size, United States VS Global, 2018-2029
1.4.1 The Market Share of United States Insect Protein in Global, 2018-2029
1.4.2 The Growth Rate of Insect Protein Market Size, United States VS Global, 2018 VS 2023 VS 2029
1.5 Insect Protein Market Dynamics
1.5.1 Insect Protein Market Trends
1.5.2 Insect Protein Market Drivers
1.5.3 Insect Protein Market Challenges
1.5.4 Insect Protein Market Restraints
1.6 Study Objectives
1.7 Years Considered
1.8 Coronavirus Disease (COVID-19) Impact on Global
2 Global Insect Protein Competitor Landscape by Company
2.1 Global Insect Protein Market Size by Company
2.1.1 Top Global Insect Protein Player Ranked by Revenue (2023)
2.1.2 Global Insect Protein Revenue by Player (2018-2023)
2.2 Global Insect Protein Concentration Ratio (CR)
2.2.1 Insect Protein Market Concentration Ratio (CR) (2018-2023)
2.2.2 Global Top 3 and Top 6 Largest Players of Insect Protein in 2023
2.3 Global Insect Protein Business Distribution, Business Type
2.3.1 Global Insect Protein Players, Headquarters and Distribution
2.3.2 Players Insect Protein Business Type
2.3.3 Date of International Players Enter into Insect Protein Market
2.4 Players Mergers & Acquisitions, Expansion Plans
2.5 United States Insect Protein Market Size by Company
2.5.1 Top United States Insect Protein Player s Ranked by Revenue (2023)
2.5.2 United States Insect Protein Revenue by Player (2018-2023)
3 Insect Protein Market Segment by Type
3.1 Insect Protein Market Segment by Type
3.2 Global Insect Protein Market Size by Type
3.3 United States Insect Protein Market Size by Type
4 Insect Protein Market Segment by Application
4.1 Insect Protein Market Segment by Application
4.2 Global Insect Protein Market Size by Application
4.3 United States Insect Protein Market Size by Application
5 Global Insect Protein Market Size by Region
5.1 Global Insect Protein Market Size by Region: 2018 VS 2023 VS 2029
5.2 Global Insect Protein Market Size in Value by Region (2018-2029)
5.2.1 Global Insect Protein Revenue by Region: 2018-2023
5.2.2 Global Insect Protein Revenue by Region: 2023-2029
5.3 Global Insect Protein Market Size in Volume by Region (2018-2029)
5.3.1 Global Insect Protein Volume by Region: 2018-2023
5.3.2 Global Insect Protein Volume by Region: 2023-2029
6 Segment in Regional Level & Country Level
6.1 North America
6.1.1 North America Insect Protein Market Size YoY Growth 2018-2029
6.1.2 North America Insect Protein Market Facts & Figures by Country (2018-2029)
6.1.3 U.S.
6.1.4 Canada
6.2 Asia Pacific
6.2.1 Asia Pacific Insect Protein Market Size YoY Growth 2018-2029
6.2.2 Asia Pacific Insect Protein Market Facts & Figures by Country (2018-2029)
6.2.3 China
6.2.4 Japan
6.2.5 South Korea
6.2.6 India
6.2.7 Australia
6.2.8 Southeast Asia
6.3 Europe
6.3.1 Europe Insect Protein Market Size YoY Growth 2018-2029
6.3.2 Europe Insect Protein Market Facts & Figures by Country (2018-2029)
6.3.3 Germany
6.3.4 France
6.3.5 UK
6.3.6 Italy
6.3.7 Russia
6.4 Latin America
6.4.1 Latin America Insect Protein Market Size YoY Growth 2018-2029
6.4.2 Latin America Insect Protein Market Facts & Figures by Country (2018-2029)
6.4.3 Mexico
6.4.4 Brazil
6.4.5 Argentina
6.5 Middle East and Africa
6.5.1 Middle East and Africa Insect Protein Market Size YoY Growth 2018-2029
6.5.2 Middle East and Africa Insect Protein Market Facts & Figures by Country (2018-2029)
6.5.3 Turkey
6.5.4 Saudi Arabia
6.5.5 UAE
7 Company Profiles
7.1 Aspire Food Group (US)
7.1.1 Aspire Food Group (US) Company Details
7.1.2 Description and Business Overview
7.1.3 Insect Protein Introduction
7.1.4 Aspire Food Group (US) Insect Protein Revenue, Sales, and Gross Margin (2018-2023)
7.1.5 Aspire Food Group (US) Recent Development
7.2 EntomoFarms (Canada)
7.2.1 EntomoFarms (Canada) Company Details
7.2.2 Description and Business Overview
7.2.3 Insect Protein Introduction
7.2.4 EntomoFarms (Canada) Insect Protein Revenue, Sales, and Gross Margin (2018-2023)
7.2.5 EntomoFarms (Canada) Recent Development
7.3 Protifarm (Netherlands)
7.3.1 Protifarm (Netherlands) Company Details
7.3.2 Description and Business Overview
7.3.3 Insect Protein Introduction
7.3.4 Protifarm (Netherlands) Insect Protein Revenue, Sales, and Gross Margin (2018-2023)
7.3.5 Protifarm (Netherlands) Recent Development
7.4 Jimini’s (UK)
7.4.1 Jimini’s (UK) Company Details
7.4.2 Description and Business Overview
7.4.3 Insect Protein Introduction
7.4.4 Jimini’s (UK) Insect Protein Revenue, Sales, and Gross Margin (2018-2023)
7.4.5 Jimini’s (UK) Recent Development
7.5 Chapul Cricket Protein (US)
7.5.1 Chapul Cricket Protein (US) Company Details
7.5.2 Description and Business Overview
7.5.3 Insect Protein Introduction
7.5.4 Chapul Cricket Protein (US) Insect Protein Revenue, Sales, and Gross Margin (2018-2023)
7.5.5 Chapul Cricket Protein (US) Recent Development
7.6 Swarm Nutrition GmbH (Germany)
7.6.1 Swarm Nutrition GmbH (Germany) Company Details
7.6.2 Description and Business Overview
7.6.3 Insect Protein Introduction
7.6.4 Swarm Nutrition GmbH (Germany) Insect Protein Revenue, Sales, and Gross Margin (2018-2023)
7.6.5 Swarm Nutrition GmbH (Germany) Recent Development
7.7 AgriProtein Holdings Ltd. (South Africa)
7.7.1 AgriProtein Holdings Ltd. (South Africa) Company Details
7.7.2 Description and Business Overview
7.7.3 Insect Protein Introduction
7.7.4 AgriProtein Holdings Ltd. (South Africa) Insect Protein Revenue, Sales, and Gross Margin (2018-2023)
7.7.5 AgriProtein Holdings Ltd. (South Africa) Recent Development
7.8 EnviroFlight LLC (US)
7.8.1 EnviroFlight LLC (US) Company Details
7.8.2 Description and Business Overview
7.8.3 Insect Protein Introduction
7.8.4 EnviroFlight LLC (US) Insect Protein Revenue, Sales, and Gross Margin (2018-2023)
7.8.5 EnviroFlight LLC (US) Recent Development
7.9 Innovafeed (France)
7.9.1 Innovafeed (France) Company Details
7.9.2 Description and Business Overview
7.9.3 Insect Protein Introduction
7.9.4 Innovafeed (France) Insect Protein Revenue, Sales, and Gross Margin (2018-2023)
7.9.5 Innovafeed (France) Recent Development
7.10 Ÿnsect (France)
7.10.1 Ÿnsect (France) Company Details
7.10.2 Description and Business Overview
7.10.3 Insect Protein Introduction
7.10.4 Ÿnsect (France) Insect Protein Revenue, Sales, and Gross Margin (2018-2023)
7.10.5 Ÿnsect (France) Recent Development
7.11 Hexafly (Ireland)
7.11.1 Hexafly (Ireland) Company Details
7.11.2 Description and Business Overview
7.11.3 Insect Protein Introduction
7.11.4 Hexafly (Ireland) Insect Protein Revenue, Sales, and Gross Margin (2018-2023)
7.11.5 Hexafly (Ireland) Recent Development
7.12 Protix (Netherlands)
7.12.1 Protix (Netherlands) Company Details
7.12.2 Description and Business Overview
7.12.3 Insect Protein Introduction
7.12.4 Protix (Netherlands) Insect Protein Revenue, Sales, and Gross Margin (2018-2023)
7.12.5 Protix (Netherlands) Recent Development
8 Industry Chain and Sales Channels Analysis
8.1 Insect Protein Value Chain Analysis
8.2 Insect Protein Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Distributors List
8.3 Insect Protein Production Mode & Process
8.4 Insect Protein Sales and Marketing
8.4.1 Magnetic Coupled Mixers Sales Channels
8.4.2 Magnetic Coupled Mixers Distributors
8.5 Magnetic Coupled Mixers Customers
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 A Methodology
10.1.1 Research Process
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 B Data Source
10.2.1 Legal Disclaimer
Research Methodology:
Insect Protein Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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