Product Code: MCP22060
Abstract:
Global Insect Proteins Market to Reach $1.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Insect Proteins estimated at US$319.6 Million in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2027, growing at a CAGR of 22.1% over the analysis period 2020-2027. Coleoptera, one of the segments analyzed in the report, is projected to record a 23.4% CAGR and reach US$603.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lepidoptera segment is readjusted to a revised 22.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $95.5 Million, While China is Forecast to Grow at 21.5% CAGR
The Insect Proteins market in the U.S. is estimated at US$95.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$224 Million by the year 2027 trailing a CAGR of 21.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20% and 18.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.2% CAGR.
Hymenoptera Segment to Record 21.3% CAGR
In the global Hymenoptera segment, USA, Canada, Japan, China and Europe will drive the 21.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$31.6 Million in the year 2020 will reach a projected size of US$121.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$150.3 Million by the year 2027.
Select Competitors (Total 48 Featured) -
- Agriprotein Holdings Ltd
- Aspire Food Group
- Chapul Cricket Protein
- Entomo Farms
- EnviroFlight LLC
- Hexafly
- Imago Insect Products GmbH
- Innovafeed
- Jimini's
- Protifarm
- Protix
- nsect
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Current & Future Analysis for Insect Proteins by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- TABLE 2: World 7-Year Perspective for Insect Proteins by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
- TABLE 3: World Current & Future Analysis for Coleoptera by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- TABLE 4: World 7-Year Perspective for Coleoptera by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 5: World Current & Future Analysis for Lepidoptera by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- TABLE 6: World 7-Year Perspective for Lepidoptera by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 7: World Current & Future Analysis for Hymenoptera by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- TABLE 8: World 7-Year Perspective for Hymenoptera by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 9: World Current & Future Analysis for Orthoptera by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- TABLE 10: World 7-Year Perspective for Orthoptera by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 11: World Current & Future Analysis for Hemiptera by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- TABLE 12: World 7-Year Perspective for Hemiptera by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 13: World Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- TABLE 14: World 7-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 15: World Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- TABLE 16: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 17: World Current & Future Analysis for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- TABLE 18: World 7-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 19: World Current & Future Analysis for Animal Nutrition by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- TABLE 20: World 7-Year Perspective for Animal Nutrition by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- TABLE 21: World Current & Future Analysis for Personal Care & Cosmetics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- TABLE 22: World 7-Year Perspective for Personal Care & Cosmetics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
- UNITED STATES
- TABLE 23: USA Current & Future Analysis for Insect Proteins by Type - Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 24: USA 7-Year Perspective for Insect Proteins by Type - Percentage Breakdown of Value Sales for Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types for the Years 2020 & 2027
- TABLE 25: USA Current & Future Analysis for Insect Proteins by Application - Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 26: USA 7-Year Perspective for Insect Proteins by Application - Percentage Breakdown of Value Sales for Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics for the Years 2020 & 2027
- CANADA
- TABLE 27: Canada Current & Future Analysis for Insect Proteins by Type - Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 28: Canada 7-Year Perspective for Insect Proteins by Type - Percentage Breakdown of Value Sales for Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types for the Years 2020 & 2027
- TABLE 29: Canada Current & Future Analysis for Insect Proteins by Application - Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 30: Canada 7-Year Perspective for Insect Proteins by Application - Percentage Breakdown of Value Sales for Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics for the Years 2020 & 2027
- JAPAN
- TABLE 31: Japan Current & Future Analysis for Insect Proteins by Type - Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 32: Japan 7-Year Perspective for Insect Proteins by Type - Percentage Breakdown of Value Sales for Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types for the Years 2020 & 2027
- TABLE 33: Japan Current & Future Analysis for Insect Proteins by Application - Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 34: Japan 7-Year Perspective for Insect Proteins by Application - Percentage Breakdown of Value Sales for Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics for the Years 2020 & 2027
- CHINA
- TABLE 35: China Current & Future Analysis for Insect Proteins by Type - Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 36: China 7-Year Perspective for Insect Proteins by Type - Percentage Breakdown of Value Sales for Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types for the Years 2020 & 2027
- TABLE 37: China Current & Future Analysis for Insect Proteins by Application - Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 38: China 7-Year Perspective for Insect Proteins by Application - Percentage Breakdown of Value Sales for Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics for the Years 2020 & 2027
- EUROPE
- TABLE 39: Europe Current & Future Analysis for Insect Proteins by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
- TABLE 40: Europe 7-Year Perspective for Insect Proteins by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
- TABLE 41: Europe Current & Future Analysis for Insect Proteins by Type - Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 42: Europe 7-Year Perspective for Insect Proteins by Type - Percentage Breakdown of Value Sales for Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types for the Years 2020 & 2027
- TABLE 43: Europe Current & Future Analysis for Insect Proteins by Application - Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 44: Europe 7-Year Perspective for Insect Proteins by Application - Percentage Breakdown of Value Sales for Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics for the Years 2020 & 2027
- FRANCE
- TABLE 45: France Current & Future Analysis for Insect Proteins by Type - Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 46: France 7-Year Perspective for Insect Proteins by Type - Percentage Breakdown of Value Sales for Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types for the Years 2020 & 2027
- TABLE 47: France Current & Future Analysis for Insect Proteins by Application - Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 48: France 7-Year Perspective for Insect Proteins by Application - Percentage Breakdown of Value Sales for Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics for the Years 2020 & 2027
- GERMANY
- TABLE 49: Germany Current & Future Analysis for Insect Proteins by Type - Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 50: Germany 7-Year Perspective for Insect Proteins by Type - Percentage Breakdown of Value Sales for Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types for the Years 2020 & 2027
- TABLE 51: Germany Current & Future Analysis for Insect Proteins by Application - Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 52: Germany 7-Year Perspective for Insect Proteins by Application - Percentage Breakdown of Value Sales for Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics for the Years 2020 & 2027
- ITALY
- TABLE 53: Italy Current & Future Analysis for Insect Proteins by Type - Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 54: Italy 7-Year Perspective for Insect Proteins by Type - Percentage Breakdown of Value Sales for Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types for the Years 2020 & 2027
- TABLE 55: Italy Current & Future Analysis for Insect Proteins by Application - Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 56: Italy 7-Year Perspective for Insect Proteins by Application - Percentage Breakdown of Value Sales for Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics for the Years 2020 & 2027
- UNITED KINGDOM
- TABLE 57: UK Current & Future Analysis for Insect Proteins by Type - Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 58: UK 7-Year Perspective for Insect Proteins by Type - Percentage Breakdown of Value Sales for Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types for the Years 2020 & 2027
- TABLE 59: UK Current & Future Analysis for Insect Proteins by Application - Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 60: UK 7-Year Perspective for Insect Proteins by Application - Percentage Breakdown of Value Sales for Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics for the Years 2020 & 2027
- REST OF EUROPE
- TABLE 61: Rest of Europe Current & Future Analysis for Insect Proteins by Type - Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 62: Rest of Europe 7-Year Perspective for Insect Proteins by Type - Percentage Breakdown of Value Sales for Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types for the Years 2020 & 2027
- TABLE 63: Rest of Europe Current & Future Analysis for Insect Proteins by Application - Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 64: Rest of Europe 7-Year Perspective for Insect Proteins by Application - Percentage Breakdown of Value Sales for Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics for the Years 2020 & 2027
- ASIA-PACIFIC
- TABLE 65: Asia-Pacific Current & Future Analysis for Insect Proteins by Type - Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 66: Asia-Pacific 7-Year Perspective for Insect Proteins by Type - Percentage Breakdown of Value Sales for Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types for the Years 2020 & 2027
- TABLE 67: Asia-Pacific Current & Future Analysis for Insect Proteins by Application - Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 68: Asia-Pacific 7-Year Perspective for Insect Proteins by Application - Percentage Breakdown of Value Sales for Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics for the Years 2020 & 2027
- REST OF WORLD
- TABLE 69: Rest of World Current & Future Analysis for Insect Proteins by Type - Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 70: Rest of World 7-Year Perspective for Insect Proteins by Type - Percentage Breakdown of Value Sales for Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera and Other Types for the Years 2020 & 2027
- TABLE 71: Rest of World Current & Future Analysis for Insect Proteins by Application - Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
- TABLE 72: Rest of World 7-Year Perspective for Insect Proteins by Application - Percentage Breakdown of Value Sales for Other Applications, Food & Beverage, Animal Nutrition and Personal Care & Cosmetics for the Years 2020 & 2027
IV. COMPETITION
- Total Companies Profiled: 48