Insect Protein Market Growth, Demand and Challenges of the Key Industry Players 2024-2032 - PowerPoint PPT Presentation

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Insect Protein Market Growth, Demand and Challenges of the Key Industry Players 2024-2032

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According to the latest research report by IMARC Group, The global insect protein market size reached US$ 979.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 4,902.4 Million by 2032, exhibiting a growth rate (CAGR) of 19.6% during 2024-2032. More Info:- – PowerPoint PPT presentation

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Title: Insect Protein Market Growth, Demand and Challenges of the Key Industry Players 2024-2032


1
Global Insect Protein Market Research and
Forecast Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Insect Protein Market Global Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2024-2032," the global insect protein
    market size reached US 979.4 Million in 2023.
  • Factors Affecting the Growth of the Insect
    Protein Industry
  • Rising Demand for Protein
  • The escalating global population is placing
    significant pressure on traditional protein
    sources such as beef, pork, and poultry,
    prompting a quest for viable alternatives.
    Additionally, insect protein emerges as a
    promising solution, particularly in regions
    grappling with protein deficiency or where
    cultural and dietary preferences advocate for
    alternative protein sources. Moreover, insects
    are rich in protein containing comparable or even
    superior nutritional value compared to
    conventional sources.
  • They are environmentally sustainable, requiring
    minimal resources for cultivation and emitting
    fewer greenhouse gases (GHG). This makes them an
    attractive option for addressing the escalating
    demand for protein while lessening the strain on
    traditional agricultural practices. Furthermore,
    insect protein can diversify diets and offer
    novel culinary experiences, contributing to food
    security and dietary diversity worldwide.

4
Report Highlight and Description
  • Animal Feed Industry Growth
  • Insect protein is revolutionizing the animal feed
    industry, offering a sustainable and nutritious
    alternative to conventional feed sources like soy
    and fishmeal. Additionally, insects are naturally
    abundant and have a high feed conversion
    efficiency, making them an economical and
    environmentally friendly choice for animal
    nutrition. Moreover, the incorporation of
    insect-based feeds into livestock diets enhances
    the nutritional profile, providing essential
    amino acids, vitamins, and minerals.
  • Furthermore, insects can be reared on organic
    waste, transforming a potential environmental
    liability into a valuable resource. As the demand
    for high-quality animal protein rises, the animal
    feed industry is turning toward insect-based
    feeds to meet these needs sustainably. This trend
    reduces the industrys reliance on finite
    resources and mitigates environmental degradation
    associated with conventional feed production,
    fostering a more sustainable food system.
  • Innovations in Processing Technology
  • Technological advancements in processing are
    transforming the mass production of insect
    protein, making it more efficient and
    cost-effective. Automated farming techniques,
    such as vertical farming and controlled
    environments, optimize space utilization and
    resource efficiency, enabling year-round
    production with minimal environmental impact.

5
Report Highlight and Description
  • Besides this, several innovations in insect
    rearing, such as optimized diets and breeding
    techniques, enhance growth rates and yield
    higher-quality protein. Moreover, advancements in
    protein extraction methods improve purity and
    yield, maximizing the utilization of insect
    biomass. These innovations drive down production
    costs, making insect protein more competitive
    with traditional protein sources. As technology
    continues to evolve, the scalability and
    efficiency of insect protein production will
    further increase, solidifying its position as a
    sustainable and economically viable protein
    source for human consumption and animal feed
    across the globe.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/insect-protein-market/r
    equestsample

6
Report Description
  • Global Insect Protein Market Trends
  • At present, the infrastructure for insect farming
    is expanding globally, with the establishment of
    large-scale insect farms and production
    facilities. These facilities utilize organic
    waste streams as feedstock for insects,
    contributing to waste reduction and circular
    economy initiatives. Additionally, consumer
    attitudes toward insect-based foods are gradually
    shifting due to the rising awareness of their
    nutritional benefits and environmental
    advantages.
  • Along with this, several companies are investing
    in marketing campaigns and educational efforts to
    familiarize consumers with insect protein and
    overcome cultural barriers to its acceptance.
    Furthermore, regulatory frameworks governing the
    production and sale of insect-based products are
    evolving to accommodate this emerging market.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/insect-protein-market

7
Report Segmentation
  • Breakup by Source
  • Coleoptera
  • Lepidoptera
  • Hymenoptera
  • Orthoptera
  • Hemiptera
  • Diptera
  • Others
  • Breakup by Distribution Channel
  • Offline
  • Online
  • Breakup by Application
  • Animal Nutrition
  • Aqua Feed

8
Report Segmentation
  • Poultry Feed
  • Others
  • Food and Beverages
  • Pharmaceutical and Supplements
  • Personal Care and Cosmetics
  • Breakup by Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

9
Competitive Landscape with Key Players
  • Aspire Food Group
  • Chapul LLC
  • Entomo Farms
  • EnviroFlight LLC (Darling Ingredients)
  • Goterra, Hexafly
  • InnovaFeed SA
  • Jiminis, nextProtein
  • Protenga
  • Protix B.V.

10
Key Questions Answered in the Report
11
Key Questions Answered in the Report
12
Table of Contents
  • 1    Preface2 Scope and Methodology
  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology
  • 3 Executive Summary
  • 4 Global Insect Protein Market- Introduction
  • 4.1 Overview
  • 4.2 Market Dynamics
  • 4.3 Industry Trends
  • 4.4 Competitive Intelligence
  • 5 Global Insect Protein Market Landscape
  • 5.1 Historical and Current Market Trends
    (2018-2023)
  • 5.2 Market Forecast (2024-2032)

13
Table of Contents
  • 6.3 Hymenoptera
  • 6.3.1 Overview
  • 6.3.2 Historical and Current Market Trends
    (2018-2023)
  • 6.3.3 Market Segmentation
  • 6.3.4 Market Forecast (2024-2032)
  • 6.4 Orthoptera
  • 6.4.1 Overview
  • 6.4.2 Historical and Current Market Trends
    (2018-2023)
  • 6.4.3 Market Segmentation
  • 6.4.4 Market Forecast (2024-2032)
  • 6.5 Hemiptera
  • 6.5.1 Overview
  • 6.5.2 Historical and Current Market Trends
    (2018-2023)
  • 6.5.3 Market Segmentation
  • 6.5.4 Market Forecast (2024-2032)
  • 6.6 Diptera
  • 6.6.1 Overview
  • 6.6.2 Historical and Current Market Trends
    (2018-2023)
  • 6.6.3 Market Segmentation

14
Partial List of Clients
15
Partial List of Clients
16
Disclaimer
  • 2024 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

17
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