UAE Insect Protein Market Size & Outlook, 2020-2028
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UAE insect protein market highlights
- The UAE insect protein market generated a revenue of USD 2.1 million in 2020 and is expected to reach USD 15.4 million by 2028.
- The UAE market is expected to grow at a CAGR of 28.2% from 2021 to 2028.
- In terms of segment, coleoptera was the largest revenue generating source in 2020.
- Orthoptera is the most lucrative source segment registering the fastest growth during the forecast period.
Insect protein market data book summary
| Market revenue in 2020 | USD 2.1 million |
| Market revenue in 2028 | USD 15.4 million |
| Growth rate | 28.2% (CAGR from 2021 to 2028) |
| Largest segment | Coleoptera |
| Fastest growing segment | Orthoptera |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera, Diptera |
| Key market players worldwide | Darling Ingredients Inc, InnovaFeed, Ynsect, Hexafly, Protix, Aspire Food Group, Chapul Cricket Protein, Nutrition Technologies, Entomo Farms, Goterra |
Other key industry trends
- In terms of revenue, UAE accounted for 0.8% of the global insect protein market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, UAE insect protein market is projected to lead the regional market in terms of revenue in 2028.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 15.4 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 |
UAE 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 38.1% in 2020. Horizon Databook has segmented the UAE insect protein market based on coleoptera, lepidoptera, hymenoptera, orthoptera, hemiptera, diptera covering the revenue growth of each sub-segment from 2017 to 2028.
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Target buyers of UAE 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE insect protein market , including forecasts for subscribers. This country databook contains high-level insights into UAE insect protein market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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UAE insect protein market size, by source, 2017-2028 (US$M)
UAE Insect Protein Market Outlook Share, 2020 & 2028 (US$M)
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