'Europe Insect Protein Market' the new research report adds in Data Bridge Market Research's reports database. This Research Report spread across 329 Page, 53 No of Tables, And 244 No of Figures with summarizing Top companies, with tables and figures. The Europe Insect Protein market research report presents a comprehensive study on production capacity, consumption, import and export for all the major regions across the world. By keeping in mind the end user's point of view, a team of researchers, forecasters, analysts and industry expert's work in-depth to formulate this Europe Insect Protein market research report. The research and analysis carried out in this Europe Insect Protein report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. To turn complex market insights into simpler version, well established tools and techniques are used for generation of Europe Insect Protein report.
Data Bridge Market Research analyzes that the Europe insect protein market is expected to reach the value of USD 1,081,464.59 thousand by 2030, growing at a CAGR of 28.9% during the forecast period of 2023 to 2030.
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Get PDF Broacher of Europe Insect Protein Market Research Report at https://www.databridgemarketresearch.com/request-a-sample/?dbmr=europe-insect-protein-market
Market Definition
The protein obtained from an insect is known as insect protein. There are many edible varieties of insects that contain high-quality protein, vitamins, amino acids, unsaturated fatty acids, and minerals. These insects are processed and utilized in applications such as food & beverages, feed, pet food, pharmaceutical, and cosmetic sectors. Insects have more amount of protein in comparison to conventional sources of protein such as beef, poultry, and pork). They have a high feed conversion efficiency ratio and also require less amount of water. Moreover, they also produce 80 times less methane than ruminants. They not only provide more amount of protein but also provide high-quality protein that can be used in the food products such as cookies, breads, desserts, soups, chips, and other snacks.
| REPORT METRIC | DETAILS |
| Forecast Period | 2023 to 2030 |
| Base Year | 2022 |
| Historic Year | 2021 (Customizable to 2015 – 2020) |
| Quantitative Units | Revenue in USD Thousand |
| Segments Covered | Insect Type (Beetles, Caterpillars, Bees, Wasps & Ants, Grasshopper, Locusts, Crickets, True Bugs, Black Soldier Flies, Cicadas, Leafhopper, Plant hoppers, Scale Insects, Termites, Dragonflies, Flies, Mealworms, and Others), Product Type (Organic and Conventional), Application (Food, Dietary Supplements, Animal Feed, Pharmaceutical, Cosmetic, and Sports Nutrition), Distribution Channel (Direct and Indirect) |
| Countries Covered | Germany, U.K., France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Poland, Denmark, and rest of Europe |
| Market Players Covered | Protix, Ÿnsect, BioflyTech, Innovafeed, Hexafly, Insectum, Entocycle, nextProtein, Protifly, and Tebrio among others |
Europe Insect Protein Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
Drivers
- Growing demand for alternative protein sources
In Europe, the demand for alternative protein sources is increasing and food manufacturers are trying to capture the evolving market. Earlier, meat products were considered the main source of protein, however, with changing consumer preferences and rising concern for health and the environment, the demand for alternative protein sources has increased.
For instance,
- According to the UN Population Division, the world population is expected to reach 9.7 billion in 2050 and 10.3 billion by 2100. Furthermore, the UN Food and Agriculture Organization (FAO) warns that to meet the new demand, food production will need to increase by 70%
However, future protein production must avoid exacerbating climate change, as the conventional livestock industry is under increasing scrutiny for its high greenhouse gas emissions. With localized feeding cycles, insect protein developers believe they can help feed the planet sustainably.
- Rising awareness about the benefits of insect proteins
Consumption of insects is known as entomophagy and it is practiced in various countries across the world as a part of traditional diet. Due to multiple benefits associated with the consumption of insects such as weight management, fighting malnutrition, and improving gut health, its demand has been increasing rapidly.
The eating of insects has gradually expanded as the benefits have become widely publicized. There are around 2,000 edible species recognized. Adult crickets have a protein content of 65% by weight, which is more than beef (23%) and tofu (8%). Insects transform their feed into energy significantly more efficiently than conventional cattle. Adult crickets and mealworm larvae require 5-10 times less feed than calves to gain the same amount of weight. Insects are also cold-blooded, so they do not use their metabolism to heat or cool themselves, decreasing energy, and food consumption even further.
Restraints
- Lower consumer acceptance level
Despite the numerous benefits of insects as a protein source, consumer acceptance remains low especially in developed countries as the majority of people view insects as disgusting, and neophobia (emotion of disgust) is difficult to eliminate from the people. Furthermore, Europeans consider the consumption of insects or insect products to be associated with poor countries, therefore, avoid it, although insects are still accepted to a certain level in countries such as Belgium and France.
In Europe, consumer adoption of insect proteins is now lower than in other places such as Asia and Africa. This is because a variety of cultural and societal factors influence dietary choices and perceptions. In many European countries, insects are considered pests and are not historically consumed as food. As a result, many people may find the thought of eating insects distasteful. Furthermore, there may be concerns about the safety and long-term viability of insect farming practices, which are expected to restrain market growth.
- Lack of automated farming methods
Insect farming is a very labor-intensive process as insects are very delicate and when the new hatching comes out, they need to be fed several times a day and they need to be cleaned also, which requires a lot of manual labor.
Further, during the harvesting of insect, only live insect needs to be collected, which is also a tedious process. Thus, the lack of automation in insect rearing has limited the production volume of insects and is expected to limit the market growth until some automation comes in the future. There are manufacturers such as GEA Group and Buhler AG that do provide some technological solutions for rearing and processing insects but still, these technologies need to be updated so that they can be used for a variety of different insects that have different shapes and sizes.
Challenges
- Growing trend for plant-based food products
There has been an upsurge in the demand for plant-based and vegan food products among consumers. The increasing health awareness and environmental benefits of plant-based diets have led consumers to shift towards vegan options. One of the major challenges that are expected to restrain market growth is the rising consumption of plant-based products owing to growing concern for the environment, health, sustainability, and animal welfare. Consumers have shifted to plant-based food products such as plant-based milk, eggs, meat, yogurt, butter, and other products for their protein requirements.
Opportunities
- New product innovation to attract consumers
The rising demand for insect protein and multiple applications in the food, pharmaceuticals, and feed industry has enabled the manufacturers to launch new and innovative products in the market The companies launching new products in the market are expected to create immense opportunities for market growth. The manufacturers should focus on the development and innovation of new products that are easily acceptable to consumers. If insects are added as an ingredient in energy drinks, cookies, chips, and snacks, the younger population is more likely to accept them.
Recent Developments
- In April 2023, Protix introduced fresh PureeX, a delectable fresh insect meat. This new frozen PureeX variation provides pet food makers and their customers with all the health benefits of insect proteins and lipids while also minimizing the 'pawprint' of pet food.
- In September 2022, Essentia Protein Solutions launched a highly nutritious and eco-friendly protein made from crickets. It contains high-quality protein, vitamins, and an appropriate amount of all nine essential amino acids critical for natural metabolism in the human body.
Top Key players in Europe Insect Protein Market Report: Protix, Ÿnsect, BioflyTech, Innovafeed, Hexafly, Insectum, Entocycle, nextProtein, Protifly, and Tebrio
Get Access to Full Report (Including Graphs, Charts & Figures) at https://www.databridgemarketresearch.com/reports/europe-insect-protein-market
Market Segmentation:
The Europe insect protein market is segmented into four notable segments based on insect type, product type, application, and distribution channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Insect Type
- Black Soldier Flies
- Grasshoppers
- Beetles
- Crickets
- Locusts
- Caterpillars
- Bees
- Mealworms
- Wasps & Ants
- True Bugs
- Cicadas
- Leafhoppers
- Plant Hoppers
- Scale Insects
- Termites
- Dragonflies
- Flies
- Others
On the basis of insect type, the market is segmented into beetle, caterpillars, bees, wasps & aunts, grasshopper, locusts, crickets, true bugs, black soldier flies, cicadas, leafhopper, plant hoppers, scale insects, termites, dragonflies, flies, mealworms, and others.
Product Type
- Conventional
- Organic
On the basis of product type, the market is segmented into conventional and organic.
Application
- Animal Feed
- Food
- Pharmaceutical
- Cosmetic
- Sports Nutrition
- Dietary Supplements
On the application of product type, the market is segmented into food, dietary supplements, animal feed, pharmaceutical, cosmetic, and sports nutrition.
Distribution Channel
- Direct
- Indirect
On the basis of distribution channel, the market is segmented into direct and indirect.
To View Detailed Report Analysis, Visit at https://www.databridgemarketresearch.com/checkout/buy/enterprise/europe-insect-protein-market
Europe Insect Protein Market Regional Analysis/Insights
The Europe insect protein market is analyzed and market size insights and trends are provided by country on insect type, product type, application, and distribution channel as referenced above.
The countries covered in the Europe insect protein market report are Germany, U.K., France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Poland, Denmark, and rest of Europe.
The U.K. is expected to dominate the Europe insect protein market. Raising awareness about the benefits of insect protein, growing demand for alternative protein sources, easy availability of edible insects and snacks, and increasing investment in R&D are some of the major factors expected to drive market growth. However, the lack of automated farming methods, lower consumer acceptance level, and stringent regulatory framework are expected to restrain the market growth.
The country section of the report also provides individual market -and
Key questions answered in the report:
- What will the market development pace of the Europe Insect Protein market?
- What are the key factors driving the Europe Insect Protein market?
- Who are the key manufacturers in the market Europe Insect Proteince?
- What are the market openings, market hazard and market outline of the market?
- What are sales, revenue, and price analysis of top manufacturers of Europe Insect Protein market?
- Who are the distributors, traders, and dealers of Europe Insect Protein market?
- What are the Europe Insect Protein market opportunities and threats faced by the vendors in the Europe Insect Protein industries?
- What are deals, income, and value examination by types and utilizations of the market?
- What are deals, income, and value examination by areas of enterprises?
For More Insights Get Detailed TOC at https://www.databridgemarketresearch.com/toc/?dbmr=europe-insect-protein-market
Browse More Reports :
Waterproof Speaker Market– Advanced Technologies & Growth Opportunities in Global Industry By
https://www.databridgemarketresearch.com/reports/global-waterproof-speaker-market
Baby Personal Care Products Market Size Future Scope, Demands and Projected Industry Growths
https://www.databridgemarketresearch.com/reports/global-baby-personal-care-products-market
Luxury Apparel Market Growth Opportunities, Driving Factors by Manufacturers, Regions, Type & Application,
https://www.databridgemarketresearch.com/reports/global-luxury-apparel-market
Infant & mother nutrition Market Size Global Industry Share, Growth, Opportunities and
https://www.databridgemarketresearch.com/reports/global-infant-and-mother-nutrition-market
Toothbrush Sterilizer Market Size Witness A Strong Growth of Acceleration During -
https://www.databridgemarketresearch.com/reports/global-toothbrush-sterilizer-market
Rainwear Market Size by Global Trends, Share, Growth | Witness to Grow Remarkable CAGR
https://www.databridgemarketresearch.com/reports/global-rainwear-market
Hydrolyzed Proteins Market By Deployment, Capability, Equipment and End User – Global Industry Analysis And
https://www.databridgemarketresearch.com/reports/global-hydrolyzed-proteins-market
Sugar-free ice cream Market Valuable Growth Prospects and Upcoming Trends till
https://www.databridgemarketresearch.com/reports/global-sugar-free-ice-cream-market
Middle East and Africa Courier Market Recent Study Including Business Growth, Development Factors and Growth Analysis
https://www.databridgemarketresearch.com/reports/middle-east-and-africa-courier-market
North America Courier Market Recent Technological Advancements to Propel Growth of the Market in Foreseeable Future
https://www.databridgemarketresearch.com/reports/north-america-courier-market
Middle East and Africa Food Grade and Animal Feed Grade Salt Market to Witness Increased Incremental Dollar Opportunity During the Forecast Period -
North America Food Grade and Animal Feed Grade Salt Market Trends, Business Strategies and Opportunities with Key Players Analysis
North America Commercial Jar Blenders Market Industry Trends, Key Players, Y-O-Y Growth Rate, Opportunities Assessment, Drivers, Restraints -
https://www.databridgemarketresearch.com/reports/north-america-commercial-jar-blender-market
tritan beverage blender Worldwide Industry Share, Future Opportunity Prospects, Emerging Trends, Challenges & Risk Analysis -
https://www.databridgemarketresearch.com/reports/global-tritan-beverage-blender-market
Europe Nutritional Nut Oils Market Outlook Highlights Major Opportunities Likely to Steer Demand during -
https://www.databridgemarketresearch.com/reports/europe-nutritional-nut-oils-market
Europe Insect Protein Market Expansion Strategies Set to Generate Substantial Revenue in the Near Future by with Top Key Players -
https://www.databridgemarketresearch.com/reports/europe-insect-protein-market
North America Insect Protein is the future in information and technology sectors - Analysis, size, business growth, trends and projections by
https://www.databridgemarketresearch.com/reports/north-america-insect-protein-market
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Arabic
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Greek