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Insect Protein Market Size, Share, Competitive Landscape and Forecast to 2023

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Title: Insect Protein Market Size, Share, Competitive Landscape and Forecast to 2023


1
INSECT PROTEIN MARKET 2020
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2
INSECT PROTEIN MARKET 2020
Insect Protein Market 2020 Industry Survey,
Growth, CompetitiveLandscape and Forecasts to
2023
Global Insect Protein Market has the potential to
make a difference by crossing the estimated
valuation of USD 178,340.4 thousand by 2023. The
process would see the market scale the height
with a 23 CAGR during the forecast period of
2019 to 2023. The market is expected to benefit
from the increasing demand for high protein
consumables. Market Research Future (MRFR) backed
these claims for the market with substantial data
gathered by experts. Their increasing growth can
impact several markets like pharmaceuticals, food
beverages, cosmetics, nutraceuticals, and
others.
3
INSECT PROTEIN MARKET 2020
Type and application are two major segments in
which the global market for insect protein can be
segmented. This also has a special eye on various
growth factors that can inspire growth in the
global market in the coming years. By type, the
market for insect protein can be segmented into
black soldier fly, mealworms, houseflies,
grasshoppers, silkworms, crickets, ants, bees,
termites, cicades, and others. The crickets
protein is steering the market ahead with a
potential market valuation of USD 33,068.9
thousand by the end of 2023. The Mealworm protein
segment would be the fastest with a CAGR of
24.00 during the forecast period. It has an
advantage as it can be reared in both the
temperate and tropical regions. Enquiry of the
Report https//www.marketresearchfuture.com/enqui
ry/6094
4
INSECT PROTEIN MARKET 2020
Regional Analysis
Europe had the largest market in 2016 and would
post the highest CAGR of 21.10 during the
forecast period to retain its market dominance.
The market depends a lot on the Asia Pacific
region for supply of these insects. However, not
all has been granted approval. The selected few
are crickets, black soldier fly, and mealworms.
These are promoting the insect protein market in
Europe and creating scope for widening of the
base. North America has the second-most
expansive market that holds a possibility of
surpassing the valuation of USD 73,297.9 thousand
by 2023. The US helms the market in the North
American region where their contribution would
depend much on the intake of such product in
various aquaculture system.
Browse Report _at_ https//www.marketresearchfuture.c
om/reports/insect-protein-market-6094
5
INSECT PROTEIN MARKET 2020
Application Major Players in this Research
Insect Protein Market Prominent
Players Multiple companies are showing great
interest in the Global Insect Protein Market Size
and their strategic moves are providing thrust to
the holistic growth of the market. These
companies have been profiled by MRFR for a better
market analysis in the coming years. Their
actions have been documented in the report to
facilitate an understanding of the market flow.
These companies are NEXTPROTEIN (France),
ENVIROFLIGHT, LCC (US), PROTI-Farm Holding NV
(Netherlands), Thailand Unique (Thailand), ENTOMO
Farms (Canada), Cricket Flours LLC (US), CHAPUL,
LLC (US), Seek Food LLC (US), CRIK Nutrition
(Canada), and HAOCHENG Mealworms Inc. (China).
Request a Sample Report _at_ https//www.marketresear
chfuture.com/sample_request/6094
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2020
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
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