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Insect Protein Market by Insect Type (Crickets, Black Soldier Flies, Mealworms, Ants, and Grasshoppers), Application (Food & Beverages, Animal Nutrition (Aquafeed, Pet Food, and Poultry Feed), Pharmaceuticals & Cosmetics), Region – Global Forecast to 2025

Insect Protein Market by Insect Type (Crickets, Black Soldier Flies, Mealworms, Ants, and Grasshoppers), Application (Food & Beverages, Animal Nutrition (Aquafeed, Pet Food, and Poultry Feed), Pharmaceuticals & Cosmetics), Region – Global Forecast to 2025

“The insect protein market is projected to grow at a CAGR of 45.0%, in terms of value. The key drivers include increasing investments in R&D and start-ups and rising demand for alternative proteins.”
The insect protein market is estimated to be valued at USD 144 million in 2019 and is projected to grow at a CAGR of 45.0%, recording a value of USD 1,336 million by 2025. The growth of the insect protein market is driven by the willingness of multiple capital investors to invest with emerging insect protein manufacturers. This is due to the rising awareness about the benefits of insect protein and the necessity to develop alternative sources of protein to meet the rising global demand.

“The crickets segment in the insect protein market is projected to record the highest CAGR during the forecast period.”
Crickets are highly used in products such as powder and protein bar, due to their high availability and acceptability. The use of crickets is profitable in comparison with other livestock protein, owing to the reduced expenses associated with their rearing. They also contain nine essential amino acids, along with zinc, Vit. B12, iron, potassium, magnesium, sodium, and calcium. Cricket flour is an alternative for milk, as it contains a high amount of calcium.
Furthermore, researchers derive a similarity between crickets and shrimps since the digestibility of their protein is almost similar for humans. Also, crickets have been part of the traditional diet in Thailand, and Southeast Asian countries since ages, and hence, the chances of cricket allergy among humans have been observed to be the least. Owing to these reasons, the application of crickets is majorly targeted toward human nutrition.

“The animal nutrition segment held the largest share, by application, in the insect protein market in 2018.”
Insect protein manufacturers are mainly focusing on catering to the dietary needs of animals used for agriculture and wildlife management. Insect protein products are fed to zoo and pet animals along with fish. According to the United Nations Food and Agriculture Organization (FAO), the production of animal proteins between 2010 and 2050 is expected to grow by around 1.7% annually. This is due to the growing demand for nutritious, healthy, and safe pet foods. These factors are projected to drive market growth. Moreover, the growing concerns about pet health and willingness among pet owners to spend more on pet food products and medicines are projected to drive the market growth further.

“High growth is projected to be witnessed in the European insect protein market during the forecast period.”
The growing trend toward healthy eating and hybrid meat products are among the key drivers of the significantly accelerated traction within the European insect protein market. Increasing research and development in insect technology, and most importantly, the regulatory advancements supported by positive media coverage and greater availability of insect products have further created growth opportunities in this market. Majority of the companies in the insect protein market are headquartered in the European region with key players including Ÿnsect (France) and Protix (Netherlands) in the feed industry, and Protifarm (Netherlands), Wholi (Denmark), and Jimini’s (UK) in the food industry.

Break-up of Primaries:
By Company Type: Tier 1 - 10 %, Tier 2 - 20%, and Tier 3 - 70%
By Designation: C-level - 30%, D-level - 20%, and Others*- 50%
By Region: Asia Pacific - 15%, Europe - 30%, North America- 30%, South America - 15%, and RoW - 10%
*Others include sales managers, marketing managers, and product managers.

Leading players profiled in this report:
AgriProtein Holdings Ltd (South Africa)
EnviroFlight LLC (US)
Innovafeed (France)
Ÿnsect (France)
Hexafly (Ireland)
Protix (Netherlands)
Aspire Food Group (US)
EntomoFarms (Canada)
Protifarm (Netherlands)
Jimini’s (UK)
Chapul Cricket Protein (US)
Imago Insect Products GmbH (Germany)

Research Coverage:
The report segments the insect protein market based on application, insect type, and region. In terms of insights, this report focuses on various levels of analyses—the competitive landscape, end-use analysis, and company profiles—which together comprise and discuss views on the emerging & high-growth segments of the global insect protein market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:
To get a comprehensive overview of the insect protein market
To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
To gain insights about the major countries/regions in which the insect protein market is flourishing


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • REGIONAL SEGMENTATION
      • PERIODIZATION CONSIDERED
    • CURRENCY CONSIDERED
      • Table USD EXCHANGE RATE, 2014–2018
    • UNIT CONSIDERED
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • OPPORTUNITIES IN THE INSECT PROTEIN MARKET
    • INSECT PROTEIN MARKET, BY APPLICATION & REGION
    • EUROPE: INSECT PROTEIN MARKET
    • INSECT PROTEIN MARKET, BY INSECT TYPE
    • INSECT PROTEIN MARKET, BY KEY COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MACROECONOMIC INDICATORS
      • GROWING HEALTH CONSCIOUSNESS AMONG CONSUMERS AND INCREASING HEALTH EXPENDITURE
      • DECLINING FISHMEAL PRODUCTION HAS BEEN TRIGGERING INNOVATION IN THE FEED INDUSTRY
    • MARKET DYNAMICS
      • DRIVERS
        • Table LIST OF INVESTMENTS IN THE INSECT PROTEIN MARKET (USD MILLION)
      • RESTRAINTS
        • Table PRICE COMPARISON: CONVENTIONAL PROTEIN PRODUCTS VS. INSECT PROTEIN PRODUCTS
      • OPPORTUNITIES
      • CHALLENGES
    • REGULATORY FRAMEWORK
      • US
      • CANADA
      • EUROPE
      • SOUTHEAST ASIAN COUNTRIES
    • PATENT ANALYSIS
      • Table LIST OF IMPORTANT PATENTS FOR INSECT PROTEIN AND EDIBLE INSECTS, 2014–2019
  • INSECT PROTEIN MARKET, BY INSECT TYPE
    • INTRODUCTION
      • Table INSECT PROTEIN MARKET SIZE, BY INSECT TYPE, 2017–2025 (USD MILLION)
    • CRICKETS
      • HIGH ACCEPTANCE IN THE FOOD INDUSTRY DUE TO THEIR HIGH PROTEIN CONTENT
        • Table CRICKETS: INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)
    • BLACK SOLDIER FLIES
      • INCREASING USE OF BLACK SOLDIER FLY LARVAE FOR FEED APPLICATION
        • Table BLACK SOLDIER FLIES: INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)
    • MEALWORMS
      • ACCEPTANCE OF MEALWORMS GAINING PACE IN THE FEED INDUSTRY
        • Table MEALWORMS: INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)
    • GRASSHOPPERS
      • PROTIFARM (FRANCE) COMMERCIALIZING FOOD PRODUCTS WITH GRASSHOPPER PROTEIN IN EUROPE
        • Table GRASSHOPPERS: INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)
    • ANTS
      • COMMERCIALIZATION OF INSECT PROTEIN FROM ANTS FOR FEED AND FOOD APPLICATIONS
        • Table ANTS: INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)
    • OTHERS
      • Table OTHERS: INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)
  • INSECT PROTEIN MARKET, BY APPLICATION
    • INTRODUCTION
      • Table INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION)
      • Table INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
    • FOOD & BEVERAGES
      • HIGH PROTEIN CONTENT HAS ENCOURAGED AMERICAN AND EUROPEAN POPULATION TO ACCEPT INSECT PROTEIN-BASED FOOD PRODUCTS
        • Table FOOD & BEVERAGES: INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)
        • Table FOOD & BEVERAGES: INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (TONS)
    • ANIMAL NUTRITION
      • Table ANIMAL NUTRITION: INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)
      • Table ANIMAL NUTRITION: INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT)
      • Table ANIMAL NUTRITION INSECT PROTEIN MARKET SIZE, BY LIVESTOCK, 2017–2025 (USD MILLION)
      • AQUAFEED
      • POULTRY FEED
      • PET FOOD
      • OTHERS
    • PHARMACEUTICAL & COSMETICS
      • HIGH PRICES AND THE NEED FOR ADVANCED EXTRACTION AND PURIFICATION TECHNOLOGIES ARE INHIBITING THE GROWTH POTENTIAL OF THE MARKET
        • Table PHARMACEUTICAL & COSMETICS: INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD THOUSAND)
        • Table PHARMACEUTICAL & COSMETICS: INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (TONS)
  • INSECT PROTEIN MARKET: IMPACT ANALYSIS
    • IMPACT ANALYSIS OF INSECT PROTEIN ON ADJACENT APPLICATIONS
      • Table IMPACT ANALYSIS OF INSECT PROTEIN ON ADJACENT APPLICATIONS
      • Table IMPACT ANALYSIS OF INSECT PROTEIN ON PROTEIN INGREDIENTS
    • IMPACT ANALYSIS OF INSECT PROTEIN IN KEY REGIONS
  • INSECT PROTEIN MARKET, BY REGION
    • INTRODUCTION
      • Table INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)
      • Table INSECT PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT)
    • NORTH AMERICA
      • Table NORTH AMERICA: INSECT PROTEIN MARKET SIZE, BY COUNTRY, 2017–2025 (USD MILLION)
      • Table NORTH AMERICA: INSECT PROTEIN MARKET SIZE, BY COUNTRY, 2017–2025 (KT)
      • Table NORTH AMERICA: INSECT PROTEIN MARKET SIZE, BY INSECT TYPE, 2017–2025 (USD MILLION)
      • Table NORTH AMERICA: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION)
      • Table NORTH AMERICA: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • US
        • Table US: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION)
        • Table US: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • CANADA
        • Table CANADA: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION)
        • Table CANADA: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • MEXICO
        • Table MEXICO: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION)
        • Table MEXICO: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
    • EUROPE
      • Table EUROPE: INSECT PROTEIN MARKET SIZE, BY COUNTRY, 2017–2025 (USD MILLION)
      • Table EUROPE: INSECT PROTEIN MARKET SIZE, BY COUNTRY, 2017–2025 (KT)
      • Table EUROPE: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION)
      • Table EUROPE: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • Table EUROPE: INSECT PROTEIN MARKET SIZE, BY INSECT TYPE, 2017–2025 (USD MILLION)
      • FRANCE
        • Table FRANCE: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD THOUSAND)
        • Table FRANCE: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • GERMANY
        • Table GERMANY: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD THOUSAND)
        • Table GERMANY: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • ITALY
        • Table ITALY: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD THOUSAND)
        • Table ITALY: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • THE NETHERLANDS
        • Table THE NETHERLANDS: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION)
        • Table THE NETHERLANDS: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • UK
        • Table UK: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD THOUSAND)
        • Table UK: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • REST OF EUROPE
        • Table REST OF EUROPE: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD THOUSAND)
        • Table REST OF EUROPE: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: INSECT PROTEIN MARKET SIZE, BY COUNTRY, 2017–2025 (USD MILLION)
      • Table ASIA PACIFIC: INSECT PROTEIN MARKET SIZE, BY COUNTRY, 2017–2025 (TONS)
      • Table ASIA PACIFIC: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION)
      • Table ASIA PACIFIC: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • Table ASIA PACIFIC: INSECT PROTEIN MARKET SIZE, BY INSECT TYPE, 2017–2025 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION)
        • Table AUSTRALIA: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • CHINA
        • Table CHINA: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION)
        • Table CHINA: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • JAPAN
        • Table JAPAN: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION)
        • Table JAPAN: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • THAILAND
        • Table THAILAND: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION)
        • Table THAILAND: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • MALAYSIA
        • Table MALAYSIA: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD THOUSAND)
        • Table MALAYSIA: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • REST OF ASIA PACIFIC
        • Table REST OF ASIA PACIFIC: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD THOUSAND)
        • Table REST OF ASIA PACIFIC: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
    • REST OF THE WORLD
      • Table REST OF THE WORLD: INSECT PROTEIN MARKET SIZE, BY COUNTRY, 2017–2025 (USD THOUSAND)
      • Table REST OF THE WORLD: INSECT PROTEIN MARKET SIZE, BY COUNTRY, 2017–2025 (TONS)
      • Table REST OF THE WORLD: INSECT PROTEIN MARKET SIZE, BY INSECT TYPE, 2017–2025 (USD THOUSAND)
      • Table REST OF THE WORLD: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD THOUSAND)
      • Table REST OF THE WORLD: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • BRAZIL
        • Table BRAZIL: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD THOUSAND)
        • Table BRAZIL: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD THOUSAND)
        • Table SOUTH AFRICA: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • CHILE
        • Table CHILE: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD THOUSAND)
        • Table CHILE: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
      • OTHERS
        • Table OTHERS: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD THOUSAND)
        • Table OTHERS: INSECT PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (TONS)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE LEADERSHIP MAPPING (FEED SECTOR)
      • DYNAMIC CAPITALIZERS
      • INNOVATORS
      • VISIONARY LEADERS
      • EMERGING COMPANIES
    • STRENGTH OF PRODUCT PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • COMPETITIVE LEADERSHIP MAPPING (FOOD SECTOR)
      • INNOVATORS
      • VISIONARY LEADERS
      • EMERGING COMPANIES
    • STRENGTH OF PRODUCT PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • COMPETITIVE SCENARIO
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2014 –2019
      • EXPANSIONS & INVESTMENTS
        • Table EXPANSIONS & INVESTMENTS, 2014 - 2019
      • ACQUISITIONS
        • Table ACQUISITIONS, 2014 –2019
      • COLLABORATIONS, PARTNERSHIPS, AGREEMENTS, AND JOINT VENTURES
        • Table COLLABORATIONS, PARTNERSHIPS, AGREEMENTS, AND JOINT VENTURES, 2014–2019
  • COMPANY PROFILES
    • INSECT PROTEIN – FEED APPLICATION
      • AGRIPROTEIN HOLDINGS LTD.
      • ENVIROFLIGHT LLC
      • INNOVAFEED
      • ŸNSECT
      • HEXAFLY
      • PROTIX
    • INSECT PROTEIN – FOOD APPLICATION
      • JIMINI'S
      • ENTOMO FARMS
      • ASPIRE FOOD GROUP
      • PROTIFARM
      • CHAPUL CRICKET PROTEIN
      • IMAGO INSECT PRODUCTS GMBH
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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