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Insect Protein Market Research Report Information By Insect type (Crickets, Mealworms, Grasshoppers, Ants, Bees, Termites, Black Soldier Fly, Others), By Application (Food & Beverages, Animal Nutrition, Pharmaceuticals & Nutraceuticals, Personal Care & Cosmetics), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) - Forecast Till 2030


ID: MRFR/F-B & N/4636-CR | 128 Pages | Author: Snehal Singh| June 2021

Insect Protein Market Segmentation


Insect Protein Insect Type Outlook (USD Million, 2021-2030)




  • Crickets




  • Mealworms




  • Grasshoppers




  • Ants




  • Bees




  • Termites




  • Black Soldier Fly




  • Others




Insect Protein Application Outlook (USD Million, 2021-2030)




  • Food & Beverages




  • Animal Nutrition




  • Pharmaceuticals & Nutraceuticals




  • Personal Care & Cosmetics




Insect Protein Regional Outlook (USD Million, 2021-2030)




  • North America Outlook (USD Million, 2021-2030)




    • North America Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • North America Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • US Outlook (USD Million, 2021-2030)




    • US Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • US Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • CANADA Outlook (USD Million, 2021-2030)




    • CANADA Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • CANADA Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others








  • Europe Outlook (USD Million, 2021-2030)




    • Europe Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • Europe Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • Germany Outlook (USD Million, 2021-2030)




    • Germany Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • Germany Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • France Outlook (USD Million, 2021-2030)




    • France Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • France Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • UK Outlook (USD Million, 2021-2030)




    • UK Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • UK Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • ITALY Outlook (USD Million, 2021-2030)




    • ITALY Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • ITALY Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • SPAIN Outlook (USD Million, 2021-2030)




    • Spain Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • Spain Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • Rest Of Europe Outlook (USD Million, 2021-2030)




    • Rest Of Europe Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • REST OF EUROPE Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others








  • Asia-Pacific Outlook (USD Million, 2021-2030)




    • Asia-Pacific Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • Asia-Pacific Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • China Outlook (USD Million, 2021-2030)




    • China Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • China Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • Japan Outlook (USD Million, 2021-2030)




    • Japan Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • Japan Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • India Outlook (USD Million, 2021-2030)




    • India Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • India Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • Australia Outlook (USD Million, 2021-2030)




    • Australia Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • Australia Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • Rest of Asia-Pacific Outlook (USD Million, 2021-2030)




    • Rest of Asia-Pacific Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • Rest of Asia-Pacific Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others








  • Rest of the World Outlook (USD Million, 2021-2030)




    • Rest of the World Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • Rest of the World Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • Middle East Outlook (USD Million, 2021-2030)




    • Middle East Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • Middle East Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • Africa Outlook (USD Million, 2021-2030)




    • Africa Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • Africa Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others






    • Latin America Outlook (USD Million, 2021-2030)




    • Latin America Insect Protein by Insect Type




      • Crickets




      • Mealworms




      • Grasshoppers




      • Ants




      • Bees




      • Termites




      • Black Soldier Fly




      • Others






    • Latin America Insect Protein by Application




      • Food & Beverages




      • Animal Nutrition




      • Pharmaceuticals & Nutraceuticals




      • Personal Care & Cosmetics




      • Flavored Drinks




      • Butter & Spreads




      • Dairy Products




      • Others








ย 

Research Methodology on Insect Protein Market


Introduction


The purpose of this project is to analyze the insect protein market, focusing particularly on the impact of changing consumer preferences on the market. To do this, an effective methodology is employed to assess the market, both qualitative and quantitative. The research methodology aims to uncover the major factors impacting the insect protein market including market trends, size, growth, segmentation, and consumer preferences. The research team thoroughly evaluated primary and secondary sources of data to draw conclusions and deliver comprehensive market research reports.


Research Approach


For this research, a combination of qualitative and quantitative research approaches is used. The primary data collection sources included interviews with experts, industry executives, and key opinion leaders. Secondary sources of data include journal papers, government reports, and publications as well as white papers and case studies.


Research Model


In order to study the insect protein market, market-driven research is conducted to analyze the current trends, industry impacts, market predictability, and consumer preferences. The process of research followed desk-based secondary and primary research, along with numerical and statistical models.


Desk-Based Research


For the purpose of the research, desk-based research was conducted through primary and secondary sources. The basic steps included exploratory research with a focus on consumer needs and preferences. The research team also explored the current trends in the insect protein market and conducted a cross-analysis of the consumer and production trends. Lastly, a comparative analysis of the market segments was conducted.


Statistical Modelling


The research process also incorporates quantitative and numerical approaches to analyze the insect protein market, including statistical modelling and trend analysis. The models utilized include trend analysis, predictive analysis, regression analysis, time series analysis, and more. These models are used to generate findings and insights and can be used to prepare future strategic plans.


Sampling


Sampling is an important part of any research process, and this study was no exception. For the study, both qualitative and quantitative methods of sampling are used. For qualitative sampling, a snowball approach is used and for quantitative sampling, a stratified random sampling approach was used.


Data Processing and Visualization


The research team gathered the market data and sourced primary information from industry analysts and key opinion leaders to conduct further analysis. The research team processed the data collected and conducted a comparative analysis of the primary and secondary sources. The processed data is then used for graphical and numerical representation, and further processing and analysis are carried out.


Conclusion


The research methodology employed in this study includes primary and secondary data collection, desk-based research, trend analysis, predictive analysis, regression analysis, time series analysis, and more. Sampling is done using both qualitative and quantitative approaches and the processed data is used for graphical and numerical representation to generate comprehensive reports. The methodology adopted focused on understanding the changing consumer preferences in the insect protein market and will be used by investors and companies to make plans and strategies for the future.

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TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 11

1.1 GLOBAL INSECT PROTEIN MARKET, BY INSECT TYPE 13

1.2 GLOBAL INSECT PROTEIN MARKET, BY APPLICATION 14

1.3 GLOBAL INSECT PROTEIN MARKET, BY REGION 15

2 MARKET INTRODUCTION 16

2.1 DEFINITION 16

2.2 SCOPE OF THE STUDY 16

2.3 SCOPE OF THE STUDY 16

2.4 MARKET STRUCTURE 17

3 RESEARCH METHODOLOGY 18

3.1 RESEARCH PROCESS 18

3.2 PRIMARY RESEARCH 19

3.3 SECONDARY RESEARCH 20

3.4 MARKET SIZE ESTIMATION 20

3.5 TOP DOWN & BOTTOM-UP APPROACH 21

3.6 FORECAST MODEL 22

3.7 LIST OF ASSUMPTIONS 23

4 MARKET DYNAMICS 24

4.1 DRIVERS 24

4.1.1 INCREASING DEMAND FOR ALTERNATE PROTEINS TO FUEL MARKET GROWTH 24

4.1.2 HIGH PROTEIN CONTENT IN INSECTS AND GROWING APPLICATIONS SURGE DEMAND FOR INSECT PROTEIN 25

4.1.3 DRIVER IMPACT ANALYSIS 26

4.2 RESTRAINTS 26

4.2.1 HIGH-COST CONSTRAINT MARKET GROWTH AND MICROBIAL RISK & ALLERGIC REACTIONS 26

4.2.2 REGULATORY CHALLENGES 27

4.2.3 RESTRAINT IMPACT ANALYSIS 28

4.3 OPPORTUNITIES 28

4.3.1 LOWER ENVIRONMENTAL IMPACT THAN OTHER SOURCES OF PROTEIN 28

4.3.2 INCREASING INVESTMENTS IN R&D AND START-UPS 29

4.4 CHALLENGES 30

5 MARKET FACTOR ANALYSIS 31

5.1 VALUE/SUPPLY CHAIN ANALYSIS 31

5.1.1 RAW MATERIALS 31

5.1.2 MANUFACTURING PROCESS 32

5.1.3 DISTRIBUTION 32

5.1.4 END USER 32

5.2 PORTERโ€™S FIVE FORCES MODEL 33

5.2.1 THREAT OF NEW ENTRANTS 33

5.2.2 BARGAINING POWER OF SUPPLIERS 34

5.2.3 THREAT OF SUBSTITUTES 34

5.2.4 BARGAINING POWER OF BUYERS 34

5.2.5 INTENSITY OF RIVALRY 34

5.3 IMPACT OF COVID-19 ON THE GLOBAL INSECT PROTEIN MARKET 35

5.3.1 IMPACT ON SUPPLY CHAIN 35

5.3.2 IMPACT ON PRODUCTION 35

5.3.3 IMPACT ON RAW MATERIAL AVAILABILTY 36

6 GLOBAL INSECT PROTEIN MARKET, BY INSECT TYPE 37

6.1 OVERVIEW 37

6.2 CRICKETS 38

6.3 MEALWORMS 39

6.4 GRASSHOPPERS 40

6.5 ANTS 41

6.6 BEES 42

6.7 TERMITES 42

6.8 BLACK SOLDIER FLY 43

6.9 OTHERS 44

7 GLOBAL INSECT PROTEIN MARKET, BY APPLICATION 45

7.1 OVERVIEW 45

7.2 FOOD & BEVERAGES 46

7.3 PHARMACEUTICALS & NUTRACEUTICALS 47

7.4 PERSONAL CARE & COSMETICS 48

7.5 ANIMAL NUTRITION 49

8 GLOBAL INSECT PROTEIN, BY REGION 50

8.1 OVERVIEW 50

8.2 NORTH AMERICA 52

8.2.1 US 54

8.2.2 CANADA 55

8.2.3 MEXICO 56

8.3 EUROPE 57

8.3.1 GERMANY 60

8.3.2 FRANCE 61

8.3.3 ITALY 62

8.3.4 SPAIN 63

8.3.5 UK 64

8.3.6 REST OF EUROPE 65

8.4 ASIA-PACIFIC 66

8.4.1 CHINA 68

8.4.2 JAPAN 69

8.4.3 INDIA 70

8.4.4 AUSTRALIA & NEW ZEALAND 71

8.4.5 REST OF ASIA PACIFIC 72

8.5 REST OF THE WORLD 73

8.5.1 SOUTH AMERICA 75

8.5.2 MIDDLE EAST 76

8.5.3 AFRICA 77

9 COMPETITIVE LANDSCAPE 78

9.1 COMPETITIVE OVERVIEW 78

9.2 MAJOR GROWTH STRATEGY IN THE GLOBAL INSECT PROTEIN MARKET 79

9.3 COMPETITIVE BENCHMARKING 81

10 COMPANY PROFILES 82

10.1 INNOVAFEED SAS 82

10.1.1 COMPANY OVERVIEW 82

10.1.2 PRODUCTS OFFERED 82

10.1.3 KEY DEVELOPMENTS 83

10.1.4 SWOT ANALYSIS 83

10.1.5 KEY STRATEGIES 84

10.2 BIOFLYTECH S.L 85

10.2.1 COMPANY OVERVIEW 85

10.2.2 PRODUCTS OFFERED 85

10.2.3 KEY DEVELOPMENTS 85

10.2.4 SWOT ANALYSIS 86

10.3 ENVIROFLIGHT 87

10.3.1 COMPANY OVERVIEW 87

10.3.2 KEY PRODUCTS 87

10.3.3 KEY DEVELOPMENTS 88

10.3.4 SWOT ANALYSIS 88

10.3.5 KEY STRATEGIES 89

10.4 HEXAFLY 90

10.4.1 COMPANY OVERVIEW 90

10.4.2 PRODUCTS OFFERED 90

10.4.3 KEY DEVELOPMENTS 90

10.4.4 SWOT ANALYSIS 91

10.4.5 KEY STRATEGIES 91

10.5 SFLY COMGRAF SAS 92

10.5.1 COMPANY OVERVIEW 92

10.5.2 PRODUCTS OFFERED 92

10.5.3 KEY DEVELOPMENTS 92

10.5.4 SWOT ANALYSIS 93

10.5.5 KEY STRATEGIES 93

10.6 NUTRITION TECHNOLOGIES 94

10.6.1 COMPANY OVERVIEW 94

10.6.2 PRODUCTS OFFERED 94

10.6.3 KEY DEVELOPMENTS 95

10.7 ASPIRE FOOD GROUP 96

10.7.1 COMPANY OVERVIEW 96

10.7.2 PRODUCTS OFFERED 96

10.7.3 KEY DEVELOPMENTS 96

10.7.4 KEY STRATEGIES 96

10.8 ENTOFOOD SDN BHD 97

10.8.1 COMPANY OVERVIEW 97

10.8.2 PRODUCTS OFFERED 97

10.8.3 KEY DEVELOPMENTS 97

10.9 PROTIX B.V. 98

10.9.1 COMPANY OVERVIEW 98

10.9.2 PRODUCTS OFFERED 98

10.9.3 KEY DEVELOPMENTS 98

10.10 NEXTPROTEIN 99

10.10.1 COMPANY OVERVIEW 99

10.10.2 KEY PRODUCTS 99

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