#Insect Protein Market Share

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Insect Protein Market Dynamics: Key Drivers, Challenges, and Growth Forecasts (2024-2032)

Insect Protein Market Dynamics: Key Drivers, Challenges, and Growth Forecasts (2024-2032)

In recent years, the global Insect Protein Market has undergone a transformative journey, fueled by evolving consumer demands, cutting-edge innovations, and an increasing focus on sustainability. Our comprehensive Insect Protein Market Research Report unveils key strategic insights, highlighting growth trends, market dynamics, competitive landscapes, and emerging opportunities.

Insect Protein Market Revenue

According to Straits Research, the global Insect Protein Market size was valued at USD XX Billion in 2023. It is projected to grow from USD XX Billion in 2024 to USD XX Billion by 2032, with a projected CAGR of 27.1% over the forecast period (2024–2032).

Get your Free Sample Report today to unlock actionable insights and stay ahead in the game. Click Here @ https://straitsresearch.com/report/insect-protein-market/request-sample

Market Snapshot

This report dives deep into market segmentation by regions and categories, uncovering lucrative opportunities for vendors to leverage. We meticulously evaluate the current market scenario and its future potential, analyzing key factors like:

Production and consumption trends

Adjacent market growth

Vendor revenue analysis

Scenario-based forecasts

Our rigorous research methodology integrates top-down and bottom-up approaches, validated through industry expert interviews, to provide a precise view of market size and growth. Year-over-year growth patterns and historical trends are compared to offer a clear trajectory for the Crypto Wallet market.

To establish the important thing traits, Ask Our Experts @ https://straitsresearch.com/report/insect-protein-market/request-sample

Top Players in the Insect Protein Market 

The report highlights leading companies, including 

Aspire Food Group

Ynsect NL Nutrition & Health B.V.

EntomoFarms

Chapul Cricket Protein

Jimini's

EnviroFlight LLC

Swarm Nutrition GmbH

AgriProtein Holdings Ltd

Next Protein Inc.

Innovafeed

and more, with detailed insights into their strategic positioning.

Insect Protein Market Segmental Analysis

By Insect Type

Cricket

Yellow mealworm

Cricket

Yellow mealworm

Cricket

Yellow mealworm

By Protein

Protein bars

Protein flour

Smoothie

Others

By Application

Food products

Animal feed

Edible film industry (packaging)

By Protein Extraction

Solvent-based

Aqueous-based

By Distribution Channel

Direct

Indirect

Market Segmentation: https://straitsresearch.com/report/insect-protein-market/segmentation

Insect Protein Market Report Highlights

Market Overview and Segmentation: Provides a macro and micro-level analysis of market size, industry chain, and market dynamics, covering segmentation by type, application, and region.

Comprehensive Regional Analysis: Offers detailed forecasts and analysis for regions, including North America (U.S., Canada), Europe (U.K., Germany, France, Italy), Asia Pacific (China, India, Japan, Singapore, Malaysia), Latin America (Brazil, Mexico), and the Middle East & Africa.

Competitive Landscape: Highlights key players' profiles with information on market share, revenue, and growth strategies. Covers publicly listed and privately held companies, with insights into regional marketing and operational strategies.

Emerging Trends and Opportunities: Discusses recent developments, market expansion strategies, and identifies potential growth areas across regions and segments.

Industry Challenges and Risk Analysis: Addresses key risks, market constraints, production costs, raw material availability, and methods to mitigate these challenges.

Additional Features

Quantitative & Qualitative Analysis: Offers a complete analysis of market dynamics, enabling stakeholders to make data-driven decisions.

Revenue Growth Projections: Provides revenue forecasts from 2024 to 2032 across all geographic levels, helping stakeholders evaluate investment potential and market opportunities.

Segmentation and Market Share Details: Segment-level insights, including growth projections, market shares, and regional demand trends.

About Straits Research

Straits Research is a global provider of high-quality market research, analytics, and advisory services. With a dedicated team of expert analysts, we deliver actionable data and insights to support informed business decisions. Our customized approach allows us to cater to each client’s specific needs, ensuring the most relevant and valuable market intelligence.

Contact Us:

Email: sales@straitsresearch.com

Phone: +1 646 905 0080 (U.S.), +91 8087085354 (India), +44 203 695 0070 (U.K.)

[marketresearchblogs-2025]

North America Corn Gluten Market: Key Trends and Market Share Analysis

Corn Gluten Market Insights

The Corn Gluten Market involves the production, distribution, and application of corn gluten, which is a byproduct of corn processing. Corn gluten is typically derived during the wet milling process, and it is primarily composed of corn proteins, starches, and fiber. Corn gluten is widely used in animal feed, as a natural herbicide, in food processing, and in industrial applications. The market for corn gluten has been steadily growing, driven by its versatility and increasing demand in various sectors, particularly agriculture, food, and animal nutrition.

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Key Market Drivers

Animal Feed Industry:

Protein Source: Corn gluten is a rich source of protein and is used as a key ingredient in animal feed, especially for poultry and livestock. Its high protein content makes it a cost-effective substitute for other protein sources such as soybean meal.

Growing Demand for Meat and Poultry Products: The rising global demand for meat, dairy, and poultry products has fueled the need for corn gluten in animal feed formulations.

Increasing Use in Food Products:

Food Ingredients: Corn gluten is used in food processing as a natural binder, stabilizer, and emulsifier. It is used in the production of snack foods, processed meat, bakery products, and even gluten-free products, where it acts as a source of protein.

Rising Demand for Gluten-Free Products: As consumers increasingly seek gluten-free food options, corn gluten can serve as a source of protein in these products, boosting its market.

Use in Biocontrol:

Natural Herbicide: Corn gluten meal, a byproduct of corn gluten, is widely used as an organic herbicide. It prevents the germination of weed seeds, making it a popular choice in organic farming and residential gardening.

Sustainability Trends: The growing preference for sustainable and environmentally friendly agricultural practices is driving demand for natural herbicides, including corn gluten meal.

Sustainability and Byproduct Utilization:

The use of corn gluten as a byproduct of corn milling has a strong sustainability angle, as it reduces waste from the corn processing industry and finds multiple applications, contributing to a circular economy model.

Browse Full Report@ https://www.statsandresearch.com/report/38241-covid-version-global-corn-gluten-market/

Key Players in the Corn Gluten Market

Cargill, Inc.

Archer Daniels Midland (ADM) Company

Ingredion Incorporated

Tate & Lyle PLC

Bunge Limited

Roquette Frères

Huvepharma

Grain Processing Corporation

Key Trends in the Corn Gluten Market

Rising Popularity of Plant-Based and Sustainable Diets:

With the increase in plant-based diets, corn gluten's role as a sustainable, plant-derived protein source is gaining importance. It is being used more in food products like meat alternatives and protein bars, which align with health-conscious and environmentally aware consumer preferences.

Natural and Clean Label Movement:

Consumers are increasingly seeking natural ingredients with clean labels. Corn gluten, being a natural byproduct of corn, aligns with the clean label trend in the food industry, particularly for its use in plant-based, gluten-free, and non-GMO food products.

Technological Advancements in Corn Processing:

Advances in processing technology are improving the quality and efficiency of corn gluten production. These innovations also expand the range of its applications in various industries, particularly in animal feed, food ingredients, and biocontrol products.

Adoption of Organic and Sustainable Agriculture:

The growing adoption of organic farming practices is boosting demand for corn gluten meal as an organic herbicide, which does not harm beneficial insects or pollute the environment. This trend supports the shift towards sustainable agriculture.

Diversified Applications Beyond Animal Feed:

Corn gluten is being used in a wider range of industrial and agricultural applications, such as biofuels, bioplastics, and pharmaceuticals. The growth in these alternative uses is contributing to the overall market expansion.

Regional Analysis

North America:

United States: North America, particularly the U.S., dominates the global corn gluten market due to the country’s massive corn production, which makes corn gluten a readily available byproduct. The U.S. is a major producer of corn, and the market for corn gluten is bolstered by its widespread use in animal feed, food products, and as a natural herbicide.

Growth Drivers: The demand for corn gluten is supported by the strong animal agriculture sector, as well as the growing trend of plant-based food products and gluten-free diets.

Europe:

Europe is a significant market for corn gluten, with rising demand in animal feed, food products, and biocontrol applications. The market is influenced by stringent regulations on pesticide use, which boosts demand for natural herbicides like corn gluten meal.

Trends: Europe is increasingly adopting sustainable and organic farming practices, which is encouraging the use of corn gluten meal as an organic herbicide and natural feed ingredient. The popularity of gluten-free foods in countries such as the UK and Germany is also contributing to the demand for corn gluten.

Asia-Pacific:

China and India: The Asia-Pacific region is witnessing rapid growth in the corn gluten market, driven by the increasing demand for animal feed as the region’s livestock and poultry industries expand. Additionally, the increasing consumption of processed foods, including gluten-free products, is propelling the market.

Growth Drivers: The growth in urbanization, rising disposable incomes, and changing dietary habits in countries like China and India are key factors driving the demand for corn gluten. The region is also adopting sustainable agricultural practices, further boosting demand for corn gluten meal as a natural herbicide.

Latin America:

Latin America is a key market for corn gluten, especially in countries like Brazil and Argentina, which are major corn producers. The market growth is driven by the use of corn gluten in animal feed, as well as increasing demand in food products and biocontrol.

Trends: Latin America is seeing growth in sustainable agriculture, with organic and eco-friendly farming practices encouraging the use of corn gluten meal in organic farming and as a biocontrol agent.

Middle East & Africa:

The Middle East & Africa region is a smaller market compared to others, but it is witnessing growth due to increasing demand for animal feed and organic farming solutions. The growing interest in gluten-free products also supports the market for corn gluten in food products.

Trends: The Middle East is increasingly adopting plant-based diets, which is driving the demand for plant-derived ingredients like corn gluten. In Africa, corn is a staple crop, and the use of corn gluten in animal feed is growing in tandem with the increasing demand for livestock products.

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[globalinsightblog]

"Alternative Protein Market Poised for $38.1 Billion by 2033 with a 10.4% CAGR"

Alternative Protein Market is reshaping the global food industry, offering sustainable and ethical protein sources beyond traditional animal products. From plant-based proteins and insect-based options to cultured meat, the market addresses growing environmental concerns and shifting consumer preferences for health-conscious diets. Advancements in food technology and sustainability initiatives drive significant innovation and growth opportunities.

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Key Market Drivers

Plant-based proteins dominate, led by soy and pea proteins, which are widely accepted for their versatility and nutritional benefits. Insect-based proteins are gaining traction due to their minimal ecological footprint and high nutrient density. Cultured meat, though emerging, represents the future of sustainable protein, with ongoing advancements in biotechnology reducing costs and increasing scalability.

Regional Trends

North America leads the market, fueled by key industry players and consumer interest in plant-based diets. Europe follows, supported by strict environmental policies and a growing vegetarian and vegan population. Asia-Pacific is experiencing rapid growth, driven by urbanization, rising incomes, and increased adoption of alternative protein sources.

Market Insights

In 2023, the market reached 350 million metric tons, with plant-based proteins holding 45% market share. Insect proteins and cultured meat accounted for 30% and 25%, respectively. Major players such as Beyond Meat, Impossible Foods, and Eat Just are driving competition through innovative strategies and partnerships.

Future Outlook

Projected to grow at a 10% CAGR by 2033, the market is poised for expansion with advancements in AI and precision fermentation technologies. While challenges like consumer acceptance and scalability remain, investments in R&D and sustainable practices are opening new frontiers in food innovation.

#AlternativeProtein #SustainableFood #PlantBased #InsectProtein #CulturedMeat #FoodInnovation #FutureFood #EcoFriendlyEats #ProteinRevolution #HealthAndSustainability #FoodTech #GlobalNutrition #MeatAlternatives #GreenEating #ProteinTrends

[gis56]

🥗 Protein Alternatives Boom: $4.6B (2023) to $11.8B (2033) 🚀 A CAGR of 10.2%!

Protein Alternatives Market is a transformative sector addressing global food security, environmental sustainability, and ethical dietary choices. This industry focuses on providing innovative non-animal protein sources, including plant-based proteins, cultured meat, insect-based proteins, and emerging categories like algae and fungal proteins. These alternatives cater to health-conscious consumers while significantly reducing the environmental footprint associated with traditional animal agriculture.

In 2023, the market achieved an estimated volume of 120 million metric tons, with projections to grow to 220 million metric tons by 2033. The plant-based protein segment leads with a 45% market share, driven by advancements in taste, texture, and consumer acceptance. Insect-based proteins follow at 30%, gaining momentum for their high nutritional value and minimal environmental impact. Cultured meat holds 25% of the market, with breakthroughs in cell culture technology paving the way for sustainable meat alternatives.

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Regionally, North America dominates, fueled by robust consumer demand and significant R&D investments. Europe ranks second, supported by regulatory frameworks promoting sustainable diets and consumer preference for ethical food choices. The Asia-Pacific region is rapidly emerging as a key player, driven by rising health awareness, cultural acceptance of alternative proteins, and increasing disposable incomes.

Key players like Beyond Meat, Impossible Foods, and Eat Just are at the forefront, leveraging technology to enhance product innovation and expand their global reach. Segmentation spans various applications, including food and beverages, dietary supplements, and animal feed, with technologies like fermentation, extrusion, and cell culture driving growth.

As consumer awareness of sustainability and ethical consumption grows, the Protein Alternatives Market is set to redefine global nutrition, offering diverse and scalable solutions for the future of food.#ProteinAlternatives #PlantBasedProtein #CulturedMeat #InsectProtein #SustainableNutrition #EthicalEating #FoodInnovation #FutureOfFood #HealthConscious #EcoFriendlyFoods #FoodTech #AlternativeProtein #MeatlessFuture #CleanEating #GlobalFoodSecurity

[viennbumatay]

FOODS

Trying the diverse array of food in Thailand is an adventure in itself, offering a feast for the senses and an unforgettable cultural experience. From beloved classics like mango sticky rice to daring encounters with exotic dishes, every bite tells a story of the country’s rich culinary heritage and bold flavors.

Mango sticky rice is an iconic Thai dessert that perfectly balances sweetness and creaminess. The combination of soft, fragrant sticky rice soaked in sweet coconut milk, paired with the juicy ripeness of fresh mango slices, creates a harmony of flavors that lingers on the palate. Topped with a sprinkle of crunchy roasted mung beans or sesame seeds, it’s not just a dish but a celebration of Thailand’s tropical abundance. Enjoying it from a street vendor, where it’s freshly prepared, makes it even more special.

Beyond the familiar, trying exotic foods in Thailand is an exciting venture for adventurous foodies. From deep-fried insects like crickets and grasshoppers to spicy salads made with ingredients like green papaya or raw shrimp, these dishes push culinary boundaries. Sampling fried silk worms or bamboo worms, often seasoned with chili and lime, might initially feel intimidating, but they’re surprisingly crunchy, flavorful, and high in protein. Street markets are the perfect place to explore these delicacies, with vendors enthusiastically sharing their preparation methods and offering recommendations for first-timers.

Even traditional Thai dishes bring their own kind of exotic charm. The fiery heat of som tam (papaya salad), the creamy richness of tom kha gai (coconut soup with chicken), and the bold flavors of pad krapow (stir-fried basil with meat) are culinary staples that highlight Thailand’s masterful use of fresh herbs, spices, and seasonings. Each meal, whether it’s a fragrant bowl of curry or a plate of fried insects, carries the essence of Thai culture: bold, vibrant, and deeply satisfying.

For many visitors, the food in Thailand is a highlight of their trip. It’s not just about the flavors—it’s also about the experience of sharing meals in bustling markets, chatting with friendly vendors, and stepping out of your comfort zone to discover something new. Whether you’re savoring the sweetness of mango sticky rice or bravely trying exotic snacks, the food of Thailand is as unforgettable as its landscapes and culture.

[ashwetu]

Europe Edible Insects Market to Reach $2.98 Billion by 2030: Innovations, Key Players, and Future Trends

Meticulous Research®—a leading global market research company, has recently unveiled its comprehensive research report titled ‘Europe Edible Insects Market by Product (Insect Powder, Insect Meal, Insect Oil), Insect Type (Crickets, Black Soldier Fly, Mealworms, Ants, Grasshoppers), Application (Animal Feed, Pet Food, Protein Bar & Shakes, Bakery, Confectionery) - Forecast to 2030.’

According to the report, the Europe edible insects market is set to reach $2.98 billion by 2030, growing at a CAGR of 29% from 2024 to 2030. In terms of volume, the market is projected to reach 785,042.7 tons by 2030, at a CAGR of 32% during the same period. This exponential growth is driven by factors such as the rising preference for alternative protein sources, the nutritional superiority of insects, environmental sustainability, and growing demand for fish feed.

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Market Dynamics: Drivers, Opportunities, and Challenges

The rising awareness of the nutritional and environmental benefits of edible insects is transforming the food industry landscape across Europe. Insects such as black soldier flies (BSF) and crickets are becoming key ingredients in various applications, from human food to animal feed.

Growth Drivers:

Nutritional Benefits: Edible insects are rich in protein, vitamins, and minerals, offering a sustainable alternative to traditional protein sources.

Environmental Sustainability: Insect farming significantly reduces greenhouse gas emissions and requires less land and water compared to livestock farming.

Fish Feed Demand: Insects are increasingly used as feed in aquaculture, enhancing sustainability in the seafood industry.

Opportunities:

Growing investments in insect farming technologies.

Increasing demand for high-protein foods in fitness and wellness sectors.

Expanding regulatory approvals for insect-based food products.

Challenges:

High production costs for edible insects.

Regulatory complexities in Europe.

Low consumer acceptance due to cultural resistance to entomophagy.

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Key Market Segments

By Product

Among the product segments, whole insects are expected to dominate the market in 2024. However, the insect powder segment is anticipated to grow at the fastest rate, driven by the rising demand for protein-enriched food products. The fitness and wellness trend across Europe further supports this growth.

By Insect Type

The black soldier fly (BSF) segment is poised for the highest CAGR during the forecast period. BSFs are gaining traction due to their waste-to-protein conversion capabilities and government support for their use in animal feed.

By Application

The food and beverages segment is expected to hold the largest market share in 2024, fueled by the growing consumer preference for insect-based snacks, protein bars, and fortified food products.

By End Use

The human consumption segment is projected to account for the largest share and register the highest CAGR. The rising popularity of insect-based food products such as protein powders, snacks, and bars drives this segment.

Regional Insights

Among all countries in Europe, the Netherlands is expected to lead the market in 2024, owing to the presence of key insect manufacturers and proactive government initiatives to promote edible insects as a sustainable food source.

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Competitive Landscape

The Europe edible insects market is moderately competitive, featuring a mix of global and regional players. Key players include:

Ÿnsect (France)

Protix B.V. (Netherlands)

InnovaFeed SAS (France)

EnviroFlight, LLC (U.S.)

Hargol FoodTech (Israel)

Aspire Food Group (U.S.)

All Things Bugs LLC (U.S.)

Cricket Lab Limited (U.K.)

Hexafly (Ireland)

These companies are focusing on innovations, strategic collaborations, and scaling production capacities to gain a competitive edge.

Market Trends and Developments

Regulatory Approvals: In January 2024, the European Union approved the sale of house crickets and larvae for human consumption in powder and dried forms, boosting market demand.

Venture Investments: The European BSF industry is attracting substantial venture capital, further accelerating growth.

Consumer Awareness Campaigns: Initiatives to educate consumers about the benefits of edible insects are on the rise, especially in countries like France and Germany.

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Key Questions Answered

The report provides insights into critical questions such as:

What are the historical and projected growth rates of the Europe edible insects market?

Which product types and insect varieties are gaining traction?

What are the major opportunities for existing players and new entrants?

How are regulatory developments impacting market dynamics?

Which countries are expected to witness the highest growth?

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Conclusion

The Europe edible insects market is at the forefront of a sustainability revolution, driven by its potential to address global food security challenges and environmental concerns. As consumer awareness and regulatory support grow, the industry offers immense opportunities for stakeholders to innovate and expand.

For further information, download the full report or request customization to suit your business needs.

Contact Us: Meticulous Research® Email: sales@meticulousresearch.com Contact Sales: +1-646-781-8004 Connect with us on LinkedIn: https://www.linkedin.com/company/meticulous-research

[latestmarketresearchnews]

Protein Ingredients Industry Share and Specification forecast To 2030

The global protein ingredients market was valued at USD 77.69 billion in 2022 and is expected to grow at a revenue-based compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This steady growth is driven by rising demand for a variety of food products such as margarine, cold cuts, bakery items, spreads, yogurt, and milk sausages that use protein ingredients. Increased consumption of these protein-rich foods among health-conscious and elderly consumers is further fueling the market. The growing interest in these products stems not only from their nutritional benefits but also from specific functional properties, such as satiety, muscle repair, weight loss, and energy balance. These functions are made possible by innovative protein formulations containing diverse amino acid profiles, which present vast growth opportunities for the market.

The market has also experienced a notable rise in demand for animal-based protein products. In the U.S., demand for animal-derived protein is especially strong and is expected to continue growing in the near future. Companies that produce and distribute these products have undertaken supply chain initiatives to ensure a steady and reliable distribution network, supporting sustained market growth.

Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market

Plant-based protein ingredients, derived from crops like soy, canola, wheat, and pea, are also seeing significant demand. Soy protein, in particular, leads the plant-based category and is anticipated to grow rapidly over the forecast period. The Food and Drug Administration (FDA) has even approved a health claim that suggests soy protein, when consumed daily in four servings, can lower LDL cholesterol levels by around 10%. This endorsement has further boosted soy protein’s popularity as a health-supportive ingredient.

In addition to soy protein’s growth, technological advancements and innovative production methods are further propelling market expansion. Protein ingredients are now applied across diverse products, such as isolates, which have high dispersibility and fine particle size, making them ideal for dairy applications. Growing consumer awareness of health benefits associated with protein ingredients has been a major growth driver for the market in recent years and is likely to continue this trajectory.

Application Segmentation Insights:

In terms of applications, the food and beverage segment led the market in 2022, capturing a 39.21% revenue share, and it is expected to retain this leading position over the forecast period. Whey protein ingredients, for instance, are an affordable source of protein and are widely used in the bakery and confectionery sectors. Recent advancements in process design and technology have refined whey products, resulting in higher quality variations like demineralized whey, Whey Protein Isolates (WPIs), and Whey Protein Concentrates (WPCs). These improvements have enabled greater use of protein ingredients in various functional food products, making them nutrient-dense options for consumers.

Animal feed is another key application area projected to grow rapidly, with an estimated CAGR of 6.3% by revenue over the forecast period. The animal feed industry is focusing on reducing environmental impact, which has increased interest in alternative proteins for feed products. The need to improve animal feed formulations with high-protein content, particularly with non-GMO sources, is becoming a priority.

Traditional protein sources for animal feed, such as soybean meal and fishmeal, have become more expensive due to rising demand, limited availability, and environmental concerns. This shift has led to an increased interest in alternative protein sources like insect meal, algae, and single-cell proteins, which are generally more sustainable and cost-effective. By using these alternative proteins, the animal feed industry aims to meet nutritional needs while reducing dependency on conventional, high-cost protein sources, thereby enhancing the sector’s overall sustainability and cost-efficiency.

Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.

[researchreportinsight]

Protein Ingredients Market Product Overview, Research, Share by Types and Region till 2030

The global protein ingredients market was valued at USD 77.69 billion in 2022 and is expected to grow at a revenue-based compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This steady growth is driven by rising demand for a variety of food products such as margarine, cold cuts, bakery items, spreads, yogurt, and milk sausages that use protein ingredients. Increased consumption of these protein-rich foods among health-conscious and elderly consumers is further fueling the market. The growing interest in these products stems not only from their nutritional benefits but also from specific functional properties, such as satiety, muscle repair, weight loss, and energy balance. These functions are made possible by innovative protein formulations containing diverse amino acid profiles, which present vast growth opportunities for the market.

The market has also experienced a notable rise in demand for animal-based protein products. In the U.S., demand for animal-derived protein is especially strong and is expected to continue growing in the near future. Companies that produce and distribute these products have undertaken supply chain initiatives to ensure a steady and reliable distribution network, supporting sustained market growth.

Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market

Plant-based protein ingredients, derived from crops like soy, canola, wheat, and pea, are also seeing significant demand. Soy protein, in particular, leads the plant-based category and is anticipated to grow rapidly over the forecast period. The Food and Drug Administration (FDA) has even approved a health claim that suggests soy protein, when consumed daily in four servings, can lower LDL cholesterol levels by around 10%. This endorsement has further boosted soy protein’s popularity as a health-supportive ingredient.

In addition to soy protein’s growth, technological advancements and innovative production methods are further propelling market expansion. Protein ingredients are now applied across diverse products, such as isolates, which have high dispersibility and fine particle size, making them ideal for dairy applications. Growing consumer awareness of health benefits associated with protein ingredients has been a major growth driver for the market in recent years and is likely to continue this trajectory.

Application Segmentation Insights:

In terms of applications, the food and beverage segment led the market in 2022, capturing a 39.21% revenue share, and it is expected to retain this leading position over the forecast period. Whey protein ingredients, for instance, are an affordable source of protein and are widely used in the bakery and confectionery sectors. Recent advancements in process design and technology have refined whey products, resulting in higher quality variations like demineralized whey, Whey Protein Isolates (WPIs), and Whey Protein Concentrates (WPCs). These improvements have enabled greater use of protein ingredients in various functional food products, making them nutrient-dense options for consumers.

Animal feed is another key application area projected to grow rapidly, with an estimated CAGR of 6.3% by revenue over the forecast period. The animal feed industry is focusing on reducing environmental impact, which has increased interest in alternative proteins for feed products. The need to improve animal feed formulations with high-protein content, particularly with non-GMO sources, is becoming a priority.

Traditional protein sources for animal feed, such as soybean meal and fishmeal, have become more expensive due to rising demand, limited availability, and environmental concerns. This shift has led to an increased interest in alternative protein sources like insect meal, algae, and single-cell proteins, which are generally more sustainable and cost-effective. By using these alternative proteins, the animal feed industry aims to meet nutritional needs while reducing dependency on conventional, high-cost protein sources, thereby enhancing the sector’s overall sustainability and cost-efficiency.

Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.

[entrepreneurstreet]

Mukka Proteins Limited Announces ₹98 Crore Preferential Issue for Acquisition and Expansion

Mukka Proteins Limited, India’s largest fish meal and insect meal producer and a leader in the animal protein industry, has announced the approval of a preferential issue worth ₹98 crore by its Board of Directors. This strategic move will help Mukka Proteins in its ongoing domestic and international acquisition and expansion efforts, reinforcing its position in the global market. A significant portion of the funding will come from the promoter and promoter group, underlining their commitment to the company’s robust growth strategy.

The preferential issue will comprise up to 1.96 crore equity shares at ₹50 per share, aggregating to ₹98 crore. This price includes a premium of ₹49 per share on the face value of ₹1. Mukka Proteins will use the raised capital to enhance production capabilities and meet the growing global demand for sustainable and high-quality protein solutions, particularly in the fishmeal and insect meal sectors.

Mukka Proteins has consistently embraced sustainability, having commercialized insect protein as a significant innovation for the aquaculture and animal feed industry. The company’s waste-to-food initiatives have contributed to environmental sustainability, particularly in collaboration with the Mangaluru municipality for waste management. These efforts not only align with global environmental best practices but also enhance circular economy processes, focusing on converting municipal waste into valuable protein and oil products.

Mukka Proteins is known for its strong commitment to ecological preservation, evident through the development of sustainable products such as fishmeal, fish oil, and insect protein. As a key player in the aquaculture and nutraceutical markets, Mukka contributes 25-30% of the market share in India’s fishmeal and fish oil industry.

The company plans to expand its operations further, capitalizing on this capital infusion to enter new markets and enhance its global footprint. Additionally, the company’s Board approved an increase in its authorized share capital from ₹30 crore to ₹40 crore to facilitate the preferential issue. This issuance is subject to necessary statutory and regulatory approvals, including shareholder approval at the upcoming Extra-Ordinary General Meeting (EGM) on November 16, 2024.

Managing Director and CEO Mr. Harris commented, "This preferential issue is a major milestone for Mukka Proteins as we continue to strengthen our market position. Our growth plans remain firmly rooted in sustainability, and this capital will enable us to scale up production, diversify our product offerings, and reinforce our commitment to responsible and eco-friendly business practices.”

Mukka Proteins Limited is poised to capture new opportunities in the animal protein sector, reinforcing its legacy of innovation, sustainability, and operational excellence.

Independent Business Review

For further details, please contact:  

*Vikraam Sanass*  

Mob: 9904491500

Mail: Vikram.iconpr@gmail.com 

ICON MEDIA SOLUTION 

[rakshasns]

Insect Protein Market Landscape, Regional Forecast to 2032

Insect Protein to Reach USD 1.77 Billion by 2032, Growing at a CAGR of 25.01%

Global Insect Protein Size, Share, and Forecast Report 2024-2032

Introduction

As the global population continues to rise and concerns over sustainable food production intensify, alternative protein sources are gaining significant traction. One such alternative is Insect Protein Market Size, which is emerging as a viable, eco-friendly, and nutritious option to meet the growing demand for protein-rich food. According to the latest research, the global insect protein was valued at USD 237.53 million in 2023 and is expected to grow at an impressive compound annual growth rate (CAGR) of 25.01%. By 2032, the is projected to reach a value of USD 1.77 billion.

This press release provides insights into the factors driving the growth of the insect protein , key trends, segmentation, and regional analysis.

 Drivers and Growth Factors

Several factors are contributing to the rapid growth of the global insect protein :

Sustainability and Environmental Benefits: Insect protein production requires significantly fewer resources—land, water, and feed—compared to traditional livestock farming. Additionally, it produces lower greenhouse gas emissions, making it an environmentally friendly alternative. With rising concerns about climate change and the environmental impact of conventional meat production, insect protein is becoming an attractive solution for sustainable food systems.

Rising Demand for High-Quality Protein Sources: As global protein consumption increases, there is a growing demand for alternative sources that are nutritious and eco-friendly. Insects are rich in high-quality protein, essential amino acids, and micronutrients, making them a highly desirable protein source for both human and animal consumption.

Acceptance of Edible Insects: Consumer perception of edible insects is slowly shifting as more people recognize the health and environmental benefits. In many parts of the world, particularly in Asia, Africa, and Latin America, insects have been consumed as a regular part of the diet for centuries. This growing acceptance, combined with efforts by food companies to develop insect-based products that are both palatable and accessible, is driving the forward.

Expansion in Animal Nutrition: Insect protein is not only being adopted for human consumption but is also gaining popularity in animal nutrition. As regulations evolve and the benefits of insect protein for livestock, poultry, and aquaculture are recognized, the use of insect-based feed is expected to see significant growth.

Innovation in Food Products: The development of insect-based protein powders, energy bars, snacks, and other food products is driving increased consumer interest. Companies are innovating to create products that cater to the health-conscious and environmentally aware consumers, further fueling the 's growth.

 Segmentation

The global insect protein can be segmented by insect type, application, form, and region.

By Insect Type:

Beetles: Beetles represent a significant portion of the insect protein due to their high protein content and the ease of breeding them on a large scale.

Caterpillars: Caterpillars are consumed in many cultures worldwide and are increasingly being incorporated into insect protein production due to their nutritional benefits.

Bees, Wasps, and Ants: These insects are rich in protein and other nutrients, making them a valuable source of alternative protein.

Grasshoppers, Locusts, and Crickets: These insects are among the most popular and widely used for insect protein production. Crickets, in particular, are favored for their high protein content and ease of farming.

By Application:

Animal Nutrition: The animal nutrition segment holds the largest share, driven by the growing demand for sustainable and protein-rich feed for livestock, poultry, and aquaculture. Insect protein is recognized for its ability to improve animal health and growth.

Food & Beverages: The food and beverage segment is expected to see significant growth as consumer acceptance of insect-based foods increases. Insect protein is being used in various products such as protein bars, snacks, and even pasta, catering to the growing health-conscious and eco-friendly consumer base.

By Form:

Powder: Insect protein powder is the most popular form, as it can be easily incorporated into a wide range of food products, including shakes, energy bars, and baked goods.

Whole: Whole insects are also sold as snacks or used in specialty culinary applications, though this is more niche.

Paste: Insect protein paste is used in certain processed foods and supplements, providing a more flexible ingredient option for food manufacturers.

Regional Outlook

North America: North America is one of the fastest-growing regions for insect protein, driven by increasing consumer awareness about the environmental and health benefits of alternative proteins. The U.S. and Canada are seeing significant investments in insect protein startups, along with growing retail and online availability of insect-based products.

Europe: Europe is at the forefront of insect protein regulation and innovation. The European Food Safety Authority (EFSA) has approved several insect species for human consumption, paving the way for wider adoption. Countries like France, the Netherlands, and the U.K. are seeing a rise in insect-based food and feed products.

Asia-Pacific: Asia-Pacific holds the largest share of the global insect protein , owing to the traditional consumption of insects in countries like China, Thailand, and Vietnam. The region is expected to continue dominating the as consumer demand for sustainable protein sources increases and production capabilities expand.

Latin America and Middle East & Africa: Insects have long been a part of the diet in many parts of these regions, and as global interest in insect protein grows, so too will local production and consumption. These regions are expected to see moderate growth, driven by both cultural acceptance and the development of new s for insect-based products.

Trends Shaping the Future of the Insect Protein

Integration into Mainstream Food Products: As insect protein gains mainstream acceptance, we are likely to see an increase in insect-based products on super shelves. This includes everything from protein bars and shakes to pasta and baked goods, providing more choices for consumers looking for sustainable protein sources.

Growth in Insect-Based Animal Feed: The use of insect protein in animal feed is expected to see explosive growth, particularly in the aquaculture sector, where it has shown great potential as a sustainable feed alternative to fishmeal.

Strategic Partnerships and Investments: Key players in the insect protein are forming strategic partnerships with food and feed companies to scale up production and increase penetration. Investments in insect farming technologies are also driving down production costs and improving supply chain efficiencies.

Key Players

Several key players are driving the growth of the insect protein , including:

Ynsect

Protix

AgriProtein

EnviroFlight LLC

Entomo Farms

These companies are focused on scaling production, improving product quality, and expanding their product offerings to cater to the growing global demand for insect protein.

Conclusion

The global insect protein is on the cusp of rapid expansion, driven by growing consumer demand for sustainable, eco-friendly, and nutrient-rich protein sources. With a projected CAGR of 25.01% from 2024 to 2032, the is expected to reach USD 1.77 billion by 2032, offering significant opportunities for innovation and growth in both the food and animal nutrition sectors.

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[foodandbeverages]

Insect Protein Market Size: Competitive Landscape and Recent Industry Development Analysis 2023 to 2033

From 2023 to 2033, the insect protein market (Marché des protéines d’insectes) is projected to accelerate at a CAGR of 17.7% from its 2023 value of USD 602.3 million. By 2033, there is going to be USD 3.1 billion global market.

Over the projected period, the demand for insect protein is anticipated to increase due to rising consumer awareness of the consumption of nutrient-dense food products and rising customer preference for a healthy lifestyle.

Information Source: https://www.futuremarketinsights.com/reports/insect-protein-market

Thriving Applications and High Protein Content in Insects Insect Protein Need is Increasing

The demand for wholesome food products has grown as a result of rising health consciousness among customers throughout the world. As a result, manufacturers in a variety of industries now have the opportunity to sell such food items.

Consumers today place a premium on natural products and pay attention to the components in their food as well as how it is produced and where it comes from. Some of the main factors anticipated to boost insect protein market expansion throughout the projected period include rising expenditure on functional food products, an increase in the number of sports and gym enthusiasts, and consumers searching for healthy and sustainable food options.

High Costs Limit Market Expansion

Due to its functional, environmental, and nutritional advantages, insect protein is one of the distinctive and innovative animal feed proteins. High costs, regulations, and constrained production capacity continue to be the key barriers to progress of the insect protein market.

The equipment and processes needed to create insect-based proteins need to be optimised for large-scale manufacturing because they are currently expensive. Although many consumers are priced out of this market, few consumers are willing to pay higher rates for the health and environmental advantages of protein derived from insects.

Regional Outlook

Developing Product Demand for Human Consumption May Cause Europe to Exhibit a Strong Growth.

The lion’s share of the revenue came from the European continent. For uses in the food and beverage sector, animal nutrition, and personal care, insect protein is more widely accepted by consumers in the European insect protein market.

Demand is anticipated to increase in the European market as a result of the recent approval of insect protein for feed, especially that for pigs and poultry. The market is anticipated to grow significantly over the forecast period due to the high demand for insect protein from industrialised nations like France, Germany, and the United Kingdom.

The revenue was largely from North America. The market is projected to be a significant market because consumers are becoming more conscious of the use of insect-based products and have a greater need for food products that are nutrient-dense.

Due to Mexico and Canada’s substantial growth potential for new companies and product launches, the insect protein market is likely to grow throughout the projected period.

Key Takeaways

With a CAGR of 20.6% and an expected market size of US$ 1.1 billion in 2033, the insect protein market in the United States is expected to grow rapidly over the projected period.

With a strong CAGR of 11.9% and an expected market size of US$ 129 million in 2033, the Chinese market is expected to grow throughout the course of the estimated period.

In 2033, it is expected that the Japan market would generate US$ 61.7 million and grow at a 9.5% CAGR.

With a CAGR of 23.6% throughout the projection period, it is anticipated that the United Kingdom market would grow quickly, reaching US$ 300.8 million in 2033.

The insect protein market in South Korea is predicted to expand at a CAGR of 9.8% over the predicted time period and could reach US$ 35.5 million in 2033.

Powder is anticipated to expand at a CAGR of 15.4% over the anticipated time frame in the form category.

The insect type category’s Caterpillars sector could have a CAGR of 21.8% from 2023 to 2033.

Competitive Landscape

With numerous large- and small-scale manufacturers present, the market is competitive and concentrated. The leading market participants include Aspire Food Group Protifarm, EntomoFarms, Chapul Cricket Protein, Jimini’s, Swarm Nutrition GmbH, EnviroFlight LLC, AgriProtein Holdings Ltd. nsect, Hexafly, Innovafeed, and Protix. To meet the demand on a global scale, these major firms are concentrating on increasing their manufacturing capacity.

Recent Development

·         Partnership – To Expand Its Insect Protein Industry

Archer Daniels Midland Company and Innova Feed announced a partnership in November 2020. The partnership was formed in order to grow its insect protein business by developing a new facility in Illinois, the U.S., with a target capacity of 60,000 tonnes of insect protein annually.

Key Segments  

Insect Type:

Beetles

Caterpillars

Bees, Wasps, and Ants

Grasshoppers, Locusts, and Crickets

Others

Form:

Whole Insect

Powder

Application:

Food & Beverages

Animal Nutrition

Aquafeed

Pet Food

Poultry Feed

Pharmaceuticals & Cosmetics

Region:

North America

Latin America

Europe

East Asia

South Asia

Oceania

The Middle East & Africa (MEA)

[neha24blog]

Insect Protein Market Latest Report By Product, Application, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 28 Aug 2024: The Report Insect Protein Market Size, Share & Trends Analysis Report By Product (Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera, Diptera), By Application, By Region, And Segment Forecasts, 2024 – 2030 The global insect protein market size is anticipated to reach USD 1.51 billion by 2030, registering a CAGR of 16.9% from 2024 to 2030, according to a new…

[halaltalkshow]

Are Crickets Halal?: An Explorative Case Study of the Islamic Perspective Regarding the Consumption of Insects.

While most Muslims are concerned with avoiding such commonly known haram foods, which comprise pork and alcohol in a halal diet, growing interest is being directed toward less conventional foods like insects—particularly as the world searches for sustainable protein sources. Amongst these insects is the cricket, which is gaining popularity in various cultures and even in modern cuisine. This brings about an important question for the Muslims: Are crickets halal?

What Does Halal Mean?

Let us begin by refreshing our minds about what halal in Islam means.

• Halal refers to an Arabic term meaning what is permissible in Islam. It comprises of a wide variety of activities amongst which includes what Muslims are permitted to eat. Halal foods need not only avoid specific ingredients that are Haram but be prepared according to Islamic compliance standards.

• Haram: Otherwise, haram means anything forbidden. This generally refers to specific animals, particular ways of preparation, and such ingredients as blood and intoxicating drinks.

In light of this etymology, it's easy to see that a Muslim would have to concern himself or herself with both the type of food as well as its preparation method to ensure that it's halal.

Crickets in Islamic Tradition

The case of insect eating in Islamic tradition is, however, a complex one. Basically, there are no explicit directions concerning insects in the Quran and Hadith; scholars interpret permissibility from general principles. Key considerations for this include:

Types of Insects:

o Islamic jurisprudence does not view all insects as halal. However, crickets, along with locusts, are normally reckoned by many scholars to be lawful.

It is often based on the fact that locusts have been particularly mentioned as permissible in some Hadith, and by extension, similar crickets can also be classed as halal.

2. Regional and Madhab differences:

o        Moreover, the Halal status of insects, including crickets, may differ on their application depending on the Islamic school of thought or the Madhab and the cultural practices. For example, the Hanafi School considers insects generally as Haram but does have dispensation for necessity or regional customs. Other schools, such as the Shafi'i are less strict on bugs like crickets, if they are harmless and are 'clean'.

3. Conditions for Consumption:

o        Even if crickets are considered halal, there will have to be conditions attached. The crickets should, therefore, be clean, free from impurities or najis, and not cause any harm to the consumer. They, therefore, have to be in a clean and safe environment during their rearing and processing, just like any other food that is considered halal.

o        Most importantly, one must not question the safety and cleanliness of the insects since whatever may prove harmful or unclean is not allowed.

Cricket as Food: Modern Perceptions

Crickets in recent times have been promoted as a source of sustainable protein that comes with low environmental impact compared to traditional livestock. It has paved the way for the development of products made from crickets like cricket flour, protein bars, and snacks.

This trend implores revisiting religious and ethical considerations below:

1. Sustainability and Ethical Consumption:

a. Islam advocates for moderation and treats animal creation ethically. A diet containing crickets may not necessarily go against the spirit of sustainable and ethical consumption. This is an ideology that shares a resemblance in tenets to Islamic doctrine.

2. Halal Certification:

o        With cricket products increasingly hitting the market, it is equally important to be on the lookout for halal certification, which indicates the products have met all the requirements. This certification ensures that the crickets are acquired and processed under Islamic rules.

3. Health Benefits:

o        Crickets are an excellent source of protein, vitamins, and minerals. Hence, they qualify as a proper healthy food. When crickets are taken in a halal way, they become a healthy addition of food for a Muslim.

The Verdict: Are Crickets Halal?

Yes, crickets could be halal, but it all depends on one's school of thought and the conditions under which the crickets were sourced and prepared. According to many scholars, crickets are considered permissible since they fall under the same category as locusts, explicitly mentioned to be halal in Islamic tradition. But just like with all food, it is very important to make sure that they are cleaned, safe from impurities, and harmless before consumption.

Conclusion

Any permission to consume crickets in Islam requires great care, since religious teachings, interpretations of scholars, and practical aspects related to cleanliness and safety are involved. Most scholars consider crickets to be halal, but it is always imperative to check the source and mode of preparation to be sure that they conform to all Islamic requirements.

While the world is venturing into new sources of food with additions like insects, specifically crickets, it allows Muslims to be very confident that within the jurisprudence of Islam, there is allowance to consider such food as halal—provided it is taken responsibly and ethically, of course.

What will not be provided in this inquiry into whether crickets are halal is a simple yes or no answer; rather, we delve deeper into how Islamic principles guide us in making informed decisions about our diet.

[trendingreportz]

Pet Food Market - Forecast(2024 - 2030)

Pet Food Market Overview:

The Pet Food Market size is estimated to reach $90 billion by 2030, growing at a CAGR of 8.4% during the forecast period 2023-2030. Pet food is a specialty food for domesticated animals and is formulated to meet their nutritional requirements such as meat, grains, cereals, meat by-products, vitamins and minerals. It is available in supermarkets/hypermarkets & pet stores and customized to the types of animals such as cats, dogs, fish and other pets.

Increasing demand for Premium Pet Food Products and rising pet ownership across developing economies are expanding the Pet Food Market opportunities. Rising health awareness among customers and attraction towards organic products are also driving the Pet Food Market growth. As per American Veterinary Medical Association, pet ownership for cats has increased to 29% in 2022. For dogs, it has increased to 45% in 2022. This represents the Pet Food Industry Outlook.

Pet Food Market Report Coverage:

AttributeSegment

By Food Type

Semi-moist Foods

Kibble Foods

Canned Foods

Veterinary

Nutritional Foods

Others

By Animal Type

Cat

Dog

Rabbit

Birds

Fish

Ferrets

Others

By Nature

Conventional

Organic

By Price

Premium

Mass

By Source Type

Animals

Plants

Cereals

Others

By Packaging

Stand-up pouches

Tin cans

Premade multi-layered pouches

Bags Roll stock

Corrugated boxes

Others

By Distribution Channel

Offline Platforms

Online Platforms

By Geography

North America (the US, Canada and Mexico)

Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific)

South America (Brazil, Argentina, Chile, Colombia and the Rest of South America)

The Rest of the World (the Middle East and Africa).

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COVID-19 / Ukraine Crisis - Impact Analysis: 

The COVID-19 pandemic has impacted the supply chain of the animal feed industry. The different animal nutrition food items, vitamins and medicines including pet pharmaceuticals were out of stock.

The Russia-Ukraine war has impacted the supply chain and resulted in high input prices. In the short term, rising product prices in the domestic market contributed to increased earnings for producers.

Key Takeaways:

Dominance of North America Region

Geographically, North America led the Pet Food Market with a 37.3% share of the overall market in 2022. This is due to the increasing innovation by pet food manufacturers and rising pet adoption in the region. In 2020, as per American Pet Products Association National Pet Owners Survey, 63 million households or 74.6% of all households have dogs as pets.

Canned Food Segment holds the largest market share

According to the Pet Food Market forecast, the Canned Food Segment held the largest Pet Food Market revenue of $18 billion in 2022. The segment is estimated to grow at the fastest CAGR of 9.5% during the period 2023-2030. This is due to increasing consumer desire for feeding their pets nutritional food rich in vitamins, minerals, protein, fiber and other elements that are crucial to a balanced diet.

Premade Multi-layered Pouches Segment is anticipated to grow faster

As per the Pet Food Market analysis, the Premade Multi-layered Pouches segment is estimated to grow at the fastest CAGR of 9.8% during the forecast period 2023-2030. It is due to the durable structure, puncture-resistance protection and proper closures for pet food products, driving the segment growth.

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Increasing innovation by pet food manufacturers

The major competitors in the market are focusing on the launch of a number of pet food products to meet the needs of different types of animals that belong to different age groups. This is anticipated to fuel the expansion of the pet food industry. For instance, In November 2020, Nestle Purina introduced pet animal food that builds on alternative proteins to make better use of global resources. The range includes insects and plant proteins from millet and fava beans.

Rising health awareness among customers toward the organic product for pets

Customers are now more aware of the ingredients in their pet food. The market for organic pet food is increasing rapidly as a result of pet owners' growing attention to the health and welfare of their pets. The increasing number of health problems affecting pets has influenced pet owners to choose organic pet food over conventional options. These factors are contributing to the key Pet Food Market trends during the forecast period. In 2020, organic pet food consumption was worth $22 billion.

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Imposition of strict regulations hamper market growth

Pet food comes with some of the strictest regulations out there, especially in western markets. Pet animal products are strictly examined in developed markets at every stage from the ingredients used in food preparation to their sales and marketing. The high stringency involved with commercialization is one of the major factors hampering the growth of the pet food industry.

Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Pet Food Market. The 10 key companies in this industry are: 

Mars Pet care, Inc. (PEDIGREE®, NUTRO)      

General Mills (Chex, Lucky Charms)

Nestle Purina Pet Care (Purina ONE®, Purina® Pro Plan®)    

The J.M. Smucker Company (Meow Mix®, Rachael Ray®)

Hill’s Pet Nutrition (Hill's® Science Diet®, Prescription Diet®)

Diamond Pet Foods (Diamond V®, DIAMOND PRO89)         

Simmons Pet Food (Twin Pet, Strongheart)

Global Pet Care (DreamBone, Good 'n' Fun)

Agrolimen SA (Advance Junior Maxi, Ultima Leche)

Deuerer (Katze, Wau)

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Scope of Report:

Report MetricDetails

Base year considered

2022

Forecast period

2023–2030

CAGR

Growing at the rate of 8.4%

Market Size

90 billion USD

Segments covered

Food Type, Animal Type, Nature, Price, Source Type, Packaging, Distribution Channel and Region

Geographies covered

North America (the US, Canada and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and the Rest of South America) and the Rest of the World (the Middle East and Africa).

Key Market Players

Mars Pet care, Inc.

General Mills

Nestle Purina Pet Care

The J.M. Smucker Company

Hill’s Pet Nutrition

Diamond Pet Foods

Simmons Pet Food

Global Pet Care

Agrolimen SA

Deuerer

[ashwetu]

Europe Edible Insects Market to Reach $2.98 Billion by 2030: Innovations, Key Players, and Future Trends

Meticulous Research®—a leading global market research company, has recently unveiled its comprehensive research report titled ‘Europe Edible Insects Market by Product (Insect Powder, Insect Meal, Insect Oil), Insect Type (Crickets, Black Soldier Fly, Mealworms, Ants, Grasshoppers), Application (Animal Feed, Pet Food, Protein Bar & Shakes, Bakery, Confectionery) - Forecast to 2030.’

According to the report, the Europe edible insects market is set to reach $2.98 billion by 2030, growing at a CAGR of 29% from 2024 to 2030. In terms of volume, the market is projected to reach 785,042.7 tons by 2030, at a CAGR of 32% during the same period. This exponential growth is driven by factors such as the rising preference for alternative protein sources, the nutritional superiority of insects, environmental sustainability, and growing demand for fish feed.

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Market Dynamics: Drivers, Opportunities, and Challenges

The rising awareness of the nutritional and environmental benefits of edible insects is transforming the food industry landscape across Europe. Insects such as black soldier flies (BSF) and crickets are becoming key ingredients in various applications, from human food to animal feed.

Growth Drivers:

Nutritional Benefits: Edible insects are rich in protein, vitamins, and minerals, offering a sustainable alternative to traditional protein sources.

Environmental Sustainability: Insect farming significantly reduces greenhouse gas emissions and requires less land and water compared to livestock farming.

Fish Feed Demand: Insects are increasingly used as feed in aquaculture, enhancing sustainability in the seafood industry.

Opportunities:

Growing investments in insect farming technologies.

Increasing demand for high-protein foods in fitness and wellness sectors.

Expanding regulatory approvals for insect-based food products.

Challenges:

High production costs for edible insects.

Regulatory complexities in Europe.

Low consumer acceptance due to cultural resistance to entomophagy.

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Key Market Segments

By Product

Among the product segments, whole insects are expected to dominate the market in 2024. However, the insect powder segment is anticipated to grow at the fastest rate, driven by the rising demand for protein-enriched food products. The fitness and wellness trend across Europe further supports this growth.

By Insect Type

The black soldier fly (BSF) segment is poised for the highest CAGR during the forecast period. BSFs are gaining traction due to their waste-to-protein conversion capabilities and government support for their use in animal feed.

By Application

The food and beverages segment is expected to hold the largest market share in 2024, fueled by the growing consumer preference for insect-based snacks, protein bars, and fortified food products.

By End Use

The human consumption segment is projected to account for the largest share and register the highest CAGR. The rising popularity of insect-based food products such as protein powders, snacks, and bars drives this segment.

Regional Insights

Among all countries in Europe, the Netherlands is expected to lead the market in 2024, owing to the presence of key insect manufacturers and proactive government initiatives to promote edible insects as a sustainable food source.

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Competitive Landscape

The Europe edible insects market is moderately competitive, featuring a mix of global and regional players. Key players include:

Ÿnsect (France)

Protix B.V. (Netherlands)

InnovaFeed SAS (France)

EnviroFlight, LLC (U.S.)

Hargol FoodTech (Israel)

Aspire Food Group (U.S.)

All Things Bugs LLC (U.S.)

Cricket Lab Limited (U.K.)

Hexafly (Ireland)

These companies are focusing on innovations, strategic collaborations, and scaling production capacities to gain a competitive edge.

Market Trends and Developments

Regulatory Approvals: In January 2024, the European Union approved the sale of house crickets and larvae for human consumption in powder and dried forms, boosting market demand.

Venture Investments: The European BSF industry is attracting substantial venture capital, further accelerating growth.

Consumer Awareness Campaigns: Initiatives to educate consumers about the benefits of edible insects are on the rise, especially in countries like France and Germany.

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Key Questions Answered

The report provides insights into critical questions such as:

What are the historical and projected growth rates of the Europe edible insects market?

Which product types and insect varieties are gaining traction?

What are the major opportunities for existing players and new entrants?

How are regulatory developments impacting market dynamics?

Which countries are expected to witness the highest growth?

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Conclusion

The Europe edible insects market is at the forefront of a sustainability revolution, driven by its potential to address global food security challenges and environmental concerns. As consumer awareness and regulatory support grow, the industry offers immense opportunities for stakeholders to innovate and expand.

For further information, download the full report or request customization to suit your business needs.

Contact Us: Meticulous Research® Email: sales@meticulousresearch.com Contact Sales: +1-646-781-8004 Connect with us on LinkedIn: https://www.linkedin.com/company/meticulous-research