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According to the current analysis of Reports and Data, the global Insect Protein Market is estimated to grow at a CAGR of 38% and reach USD 1.4 billion by 2026. Insect protein is high-quality protein-rich product. In a contrast of beef and cricket, crickets contain about 69% protein, while beef is supposed to have only 29%. Crickets contain nine crucial amino acids, alongside with B12, iron, zinc, magnesium, sodium, potassium and calcium. Cricket flour comprises more calcium than milk and more iron than spinach. Over half of fish consumed around the world are farmed, and could make high fish diet because they are a natural food source for fish. They are also a natural food source for poultry, and the exoskeleton of insects comprises a substance known as chitin, which is a polysaccharide. Chitin naturally increases the immune system of poultry, thus eradicating the need for antibiotics, which escalates the food chain into humans.
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By Insect type, Crickets, Black Soldier Flies, Mealworms, Ants, among others are considered in the study for industry. By application it is segmented into food and beverages, animal nutrition, pharmaceutical, & Cosmetics. By Form type, whole, powder, oil among others are also considered in the report.
On the basis of regions, the market has been subdivided into North America, Europe, Asia-Pacific, and Rest of the World. The North American region is expected to occupy maximum market share, mainly due to the deep entrenchment of research and development in the region.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/insect-protein-market
Further key findings from the report suggest
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Segments covered in the report:
This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the industry on the basis of Insect type, Application, Form and region:
Insect Type (Revenue, USD Million; 2016–2026)
Application (Revenue, USD Million; 2016–2026)
Form (Revenue, USD Million; 2016–2026)
Regional Outlook (Revenue in USD Million; 2016–2026)
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