Cibi e Bevande
Insect Protein Market worth $3.3 billion by 2027 - Exclusive Report by MarketsandMarkets™
The major buyers in this market are food and beverage companies, dairy-alternative manufacturers, and feed industries among others. The supply of insect protein affects the production of insect-based food and beverages production. Insect-based protein is considered a viable alternative source for protein, majorly in food and feed applications. Though whole insects are also available in the market as a rich source of protein, the scope of this report has been limited to only the processed products available as insect protein.
Southeast Asian countries have a tradition of entomophagy but do not have regulations related to the breeding, sale, and export of insects. However, insect protein manufacturers have a high opportunity in the animal nutrition segment. Pharmaceutical and cosmetics are among the growing segments in the region, especially in China and Japan . The food consumption per capita is projected to increase in Australia , as the population is projected to reach 35.9 million by 2050, according to a report published by the Australian Government.
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The major players include EnviroFlight (US), InnovaFeed ( France ), HEXAFLY ( Ireland ), Protix ( Netherlands ), Global Bugs ( Thailand ), Entomo Farms ( Canada ), and Ynsect ( France ) among others.
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by Source (Animal and Plant), Form (Dry and Liquid), Application (Food & Beverages, Animal Feed, Pharmaceuticals, and Cosmetics & Personal Care), and Region (NA, EU, APAC, SA, RoW) - (2020 - 2025)
by Species (Fish, Crustaceans, and Mollusks), Ingredient (Soybean, Corn, Fishmeal, Fish Oil, and Additives), Lifecycle (Starter Feed, Grower Feed, Finisher Feed, and Brooder Feed), Form, Additive, and Region - (2020 - 2025)
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