Market Analysis and Insights: Global Insect-based Protein Market
Due to the COVID-19 pandemic, the global Insect-based Protein market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Crickets accounting for % of the Insect-based Protein global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Food and Beverage segment is altered to an % CAGR throughout this forecast period.
China Insect-based Protein market size is valued at US$ million in 2021, while the US and Europe Insect-based Protein are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Insect-based Protein landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Insect-based Protein include Thailand Unique, Agriprotein Technologies, Proti-Farm, EnviroFlight, Entomo Farms, Nordic Insect, Kreca Ento-Food, CRIK Nutrition and Exo Protein, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Insect-based Protein Scope and Segment
Insect-based Protein market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Insect-based Protein market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Crickets
Black Soldier Flies
Mealworms
Others
Segment by Application
Food and Beverage
Animal Nutrition
Pharmaceutical & Cosmetics
Others
By Company
Thailand Unique
Agriprotein Technologies
Proti-Farm
EnviroFlight
Entomo Farms
Nordic Insect
Kreca Ento-Food
CRIK Nutrition
Exo Protein
Deli Bugs
Hopper Foods
Kric8
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Due to the COVID-19 pandemic, the global Insect-based Protein market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Crickets accounting for % of the Insect-based Protein global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Food and Beverage segment is altered to an % CAGR throughout this forecast period.
China Insect-based Protein market size is valued at US$ million in 2021, while the US and Europe Insect-based Protein are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Insect-based Protein landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Insect-based Protein include Thailand Unique, Agriprotein Technologies, Proti-Farm, EnviroFlight, Entomo Farms, Nordic Insect, Kreca Ento-Food, CRIK Nutrition and Exo Protein, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Insect-based Protein Scope and Segment
Insect-based Protein market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Insect-based Protein market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Crickets
Black Soldier Flies
Mealworms
Others
Segment by Application
Food and Beverage
Animal Nutrition
Pharmaceutical & Cosmetics
Others
By Company
Thailand Unique
Agriprotein Technologies
Proti-Farm
EnviroFlight
Entomo Farms
Nordic Insect
Kreca Ento-Food
CRIK Nutrition
Exo Protein
Deli Bugs
Hopper Foods
Kric8
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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