The global insect-based protein market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Insect-based Protein Market Size, Share and Global Trend By Insect Type (Caterpillars, Bees, Ants, Beetles, Grasshoppers, Wasps, Crickets, Scale Insects, Others), By End-use (Food & Beverages, Animal Feed, Pet Food, Dietary Supplements, Cosmetics, Others), By Distribution Channel (Retail Stores, Supermarkets/Hypermarkets, Specialty Stores, Online Channels, Others), and Geography Forecast Till 2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.
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The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other insect-based protein market trends. The report is available for sale on the company website.
Some of The Leading Insect-Based Protein Market are;
- Thailand Unique
- EnviroFlight, LLC
- Entomo Farms.
- Nordic Insect Economy
- Kreca Ento-Food
- Crik Nutrition
- Exo Protein
- Deli Bugs Limited.
- Hopper Foods
- Proti-Farm and other
Increasing Demand for Healthy and Affordable Diet to Favor Growth in Asia Pacific
The global insect-based protein market is geographically segmented into Europe, Latin America, the Middle East and Africa, North America, and Asia Pacific. Fortune Business Insights predicts that North America will be witnessing notable insect-based protein market growth, followed by Europe during the forthcoming years.
This is likely to occur because of a rise in the demand for protein-rich diet in both the regions. Moreover, the number of startup companies is also increasing. These companies are producing insect-based food products. It is in turn, rising the adoption of such products and increasing demands amongst the masses. These factors are expected to increase the insect-based protein market sales in these two regions during the forecast period.
Asia Pacific, on the other hand, is projected to lead the global insect-based protein market in the coming years. This will occur due to the increasing population in countries, such as India and Japan. This will be generating more and more demand for healthy and cost-effective diet. Also, insect farming in Asian countries, namely, Thailand, China, and other neighboring countries, is increasing because of the abundance availability of insects, such as grasshoppers, beetles, crickets, and locusts. This is projected to further increase the insect-based protein market revenue in this region.
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Regional Analysis for Insect-based Protein Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Insect-based Protein Market:
- Executive Summary
- Market Dynamics
- Key Insect-based Protein Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Insect-based Protein Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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