Global Insect Protein Market Size & Outlook, 2020-2028
Global insect protein market, 2017-2028 (US$M)
Related Markets
Global insect protein market highlights
- The global insect protein market generated a revenue of USD 249.9 million in 2020 and is expected to reach USD 1,738.1 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 27.4% by 2028.
- In terms of segment, coleoptera accounted for a revenue of USD 81.5 million in 2020.
- Orthoptera is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2020.
- Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2028.
Global data book summary
| Market revenue in 2020 | USD 249.9 million |
| Market revenue in 2028 | USD 1,738.1 million |
| Growth rate | 27.4% (CAGR from 2021 to 2028) |
| Largest segment | Coleoptera |
| Fastest growing segment | Orthoptera |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera, Diptera |
Other key industry trends
- In terms of revenue, the North America accounted for 26.2% of the global insect protein market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 527.5 million by 2028.
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Insect Protein Market Scope
Insect Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Goterra | View profile | 11-50 | Canberra, Australian Capital Territory, Australia, Oceania | https://goterra.com.au/ |
| Entomo Farms | View profile | 11-50 | Norwood, Ontario, Canada, North America | http://entomofarms.com/ |
| Nutrition Technologies | View profile | 101-250 | Singapore, Central Region, Singapore, Asia | https://www.nutrition-technologies.com |
| Chapul Cricket Protein | View profile | 1-10 | Salt Lake City, Utah, United States, North America | http://chapul.com/ |
| Aspire Food Group | View profile | 51-100 | Austin, Texas, United States, North America | http://www.aspirefg.com |
| Protix | View profile | 101-250 | Dongen, Noord-Brabant, The Netherlands, Europe | http://www.protix.eu |
| Hexafly | View profile | 1-10 | Kells, Meath, Ireland, Europe | http://www.hexafly.co/ |
| Ynsect | View profile | 101-250 | Fontaine, Bourgogne, France, Europe | https://www.ynsect.com/ |
| InnovaFeed | View profile | 251-500 | Paris, Ile-de-France, France, Europe | http://innovafeed.com |
| Darling Ingredients Inc | View profile | 15800 | 5601 N MacArthur Boulevard, Irving, TX, United States, 75038 | https://www.darlingii.com |
Global insect protein market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to insect protein market will help companies and investors design strategic landscapes.
Coleoptera was the largest segment with a revenue share of 32.61% in 2020. Horizon Databook has segmented the Global insect protein market based on coleoptera, lepidoptera, hymenoptera, orthoptera, hemiptera, diptera covering the revenue growth of each sub-segment from 2017 to 2028.
- Global Insect Protein Source Outlook (Revenue, USD Million, 2017-2028)
- Coleoptera
- Lepidoptera
- Hymenoptera
- Orthoptera
- Hemiptera
- Diptera
- Others
- Global Insect Protein Application Outlook (Revenue, USD Million, 2017-2028)
- Food & Beverages
- Animal Nutrition
- Pharmaceutical & Supplements
- Personal Care and Cosmetics
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Target buyers of Global insect protein market databook
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Our clientele includes a mix of insect protein market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global insect protein market , including forecasts for subscribers. This global databook contains high-level insights into Global insect protein market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Global insect protein market size, by regions, 2017-2028 (US$M)
Top 10 countries: Insect protein market size, 2020 (US$M)
Global insect protein market share, by source, 2020 & 2028 (%, US$M)
Insect protein market: Opportunity assessment by country
Global insect protein market, by region, 2020 (US$M)
Related statistics
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