Global Grasshoppers Protein Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 129.78 Million |
Market Size (Forecast Year) |
USD 613.22 Million |
CAGR |
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Major Markets Players |
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Global Grasshoppers Protein Market, By Usage (Flour, Protein Bars, Snacks, Others), Application (Food and Beverage, Animal Nutrition, Pharmaceuticals, Cosmetics), Distribution Channels (Direct and Indirect) – Industry Trends and Forecast to 2031.
Grasshoppers Protein Market Analysis and Size
In the food and beverage industry, grasshopper protein serves as a sustainable and nutritious alternative ingredient. It can be utilized in a variety of products, such as protein bars, snacks, baked goods, and beverages, to enhance their protein content while reducing the environmental footprint associated with traditional animal agriculture. Grasshopper protein offers a complete protein source rich in essential amino acids, appealing to health-conscious consumers seeking sustainable protein options.
Global grasshoppers protein market size was valued at USD 157.03 million in 2023 and is projected to reach USD 721.57 million by 2031, with a CAGR of 21.00% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historic Years |
2022 (Customizable to 2016-2021) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Usage (Flour, Protein Bars, Snacks, Others), Application (Food and Beverage, Animal Nutrition, Pharmaceuticals, Cosmetics), Distribution Channels (Direct and Indirect) |
Countries Covered |
U.S., Canada and Mexico, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America |
Market Players Covered |
Ÿnsect (SAS) (France), Protix B.V. (Netherlands), Enterra Feed Corporation (Canada), InnovaFeed (France), Enviroflight (U.S.), Nutrition Technologies (Singapore), Entomo Farms (Canada), Hargol FoodTech (Israel), Aspire Food Group (U.S.), All Things Bugs LLC (U.S.), Beta Hatch (U.S.), EntoCube Ltd. (Finland), Armstrong Crickets (U.S.), Global Bugs Asia (Thailand), JR Unique Foods Ltd.(Thailand), BioflyTech (Spain), TEBRIO (Spain), nextProtein (France), Hexafly (Ireland), HiProMine S.A. (Poland), Protenga (Singapore) |
Market Opportunities |
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Market Definition
Grasshopper protein refers to the protein extracted from grasshoppers, which are insects rich in protein and other essential nutrients. This protein source is gaining attention for its sustainability and nutritional benefits, as grasshoppers require less land, water, and feed compared to traditional livestock. Grasshopper protein can be processed into various food products, offering a potential solution to address protein shortages and environmental concerns associated with conventional animal agriculture.
Grasshoppers Protein Market Dynamics
Drivers
- Growing Grasshopper Protein Demand due to its Eco-Friendly Production Process
Grasshoppers require minimal resources, including water and land, and emit fewer greenhouse gases compared to traditional livestock. As concerns over environmental degradation and climate change intensify, consumers and food producers seek sustainable protein sources such as grasshopper protein to mitigate the ecological footprint of food production. Consequently, the grasshopper protein market experiences growth as it aligns with the sustainability goals of individuals, businesses, and governments worldwide.
- Growing Demand for Nutrient-Rich Foods among the Consmers Increases the Adoption of Grasshopper Protein
Grasshoppers are rich in protein, containing all essential amino acids necessary for human health. It provides essential vitamins and minerals, including iron, calcium, and B vitamins. Compared to traditional livestock, grasshoppers require fewer resources such as land, water, and feed, making them a more sustainable protein source. As consumers become more health-conscious and seek sustainable dietary options, the nutritional profile of grasshopper protein appeals to those looking for a nutritious and eco-friendly protein source. This growing demand for nutrient-rich foods propels the market for grasshopper protein as a viable alternative in the food industry.
Opportunities
- Rising Innovation in Food Technology Enhances the Appeal of Grasshopper Protein among the Consumers
Technological advancements enable the development of efficient processes for harvesting, processing, and incorporating grasshopper protein into a wide range of food products. Novel extraction methods ensure the preservation of nutritional integrity and flavor profile, enhancing the appeal of grasshopper protein as a food ingredient. Innovative formulation techniques allow for the creation of diverse and palatable food products that cater to consumer preferences and dietary needs. As food technologists continue to explore and optimize the use of grasshopper protein, they unlock new opportunities for its integration into mainstream food applications, driving market growth and adoption.
- Growing Regulatory Support Expands the Adoption of Grasshopper Protein
Regulatory agencies are increasingly acknowledging the safety and nutritional value of insect-based foods, including grasshopper protein, through the development of clear guidelines and standards. As a result, food manufacturers have greater confidence in incorporating grasshopper protein into their products, leading to increased market penetration. Supportive regulations help to mitigate potential barriers to entry, encouraging investment and innovation in the grasshopper protein industry.
Restraints/Challenges
- Supply Chain Challenges Limits the Demand for Grasshopper Protein
Scaling up production of grasshopper protein necessitates efficient and sustainable insect farming practices, which can be complex to implement and manage. Issues such as sourcing high-quality feed, optimizing rearing conditions, and ensuring consistent supply chain logistics pose significant hurdles. The perishable nature of insects requires robust processing and distribution networks to maintain product integrity and freshness. Limited infrastructure and expertise in insect farming further exacerbate supply chain challenges, hindering the industry's ability to meet growing demand efficiently.
- Cost Considerations Limits the Adoption of Grasshopper Protein among the Consumer
The production of grasshopper protein involves various expenses, including farming, processing, and distribution, which can be relatively high compared to traditional protein sources. Factors such as specialized infrastructure, feed, and labor contribute to elevated production costs. Consequently, grasshopper protein products priced higher than competing protein sources, potentially limiting consumer adoption, especially among price-sensitive demographics. The economies of scale in insect farming are still evolving, leading to higher per-unit costs for smaller-scale operations.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In March 2020, Thai Union Group of Thailand announced plans to allocate $30 million towards advancing alternative proteins and other FoodTech innovations, signaling a strategic shift towards diversification. Concurrently, the company made an undisclosed investment in Flying Spark, an Israeli start-up specializing in insect protein. This move aligns with Thai Union's ambition to bolster its position in the growing insect protein market, foreseeing substantial growth opportunities in the sector
- In March 2020, Protix BV, a prominent insect farming enterprise based in the Netherlands, secured funding from Rabo Corporate to fortify its black soldier fly larvae production facility. The investment, the exact amount of which remains undisclosed, underscores Protix's commitment to expanding its capacity for rearing and processing insect-derived ingredients such as proteins and lipids. This strategic move aims to capitalize on the increasing demand for sustainable protein sources, positioning Protix as a key player in the emerging insect-based food industry
Grasshoppers Protein Market Scope
The market is segmented on the basis of usage, application and distribution channels. The growth amongst these segments will help you analyze meagre 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.
Usage
- Flour
- Protein Bars
- Snacks
- Others
Application
- Food and Beverage
- Animal Nutrition
- Pharmaceuticals
- Cosmetics
Distribution Channels
- Direct
- Indirect
Grasshoppers Protein Market Regional Analysis/Insights
The market is analyzed and market size insights and trends are provided by country, usage, application and distribution channels as referenced above.
The countries covered in the market report are U.S., Canada and Mexico, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina and rest of South America.
Europe is expected to dominate the market due to a rising trend towards the consumption of edible insects in food and feed applications within the region. This shift is fueled by increasing awareness of the sustainability and nutritional benefits offered by insect-based proteins. Europe consumers are becoming more receptive to alternative protein sources, driving demand for products such as grasshopper protein. Additionally, supportive regulatory frameworks and a growing insect farming industry further contribute to Europe's projected dominance in this market segment.
North America is expected to experience rapid growth in the market, fueled by escalating consumer interest and a burgeoning number of insect farmers and food product manufacturers in the region. The increasing awareness of the sustainability and nutritional benefits of insect-based foods is driving demand, with consumers embracing these products as viable alternatives to traditional protein sources. With a conducive environment for innovation and entrepreneurship, North America presents fertile ground for the expansion of the insect food industry, positioning it as a key growth driver globally.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Grasshoppers Protein Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- Ÿnsect (SAS) (France)
- Protix B.V. (Netherlands)
- Enterra Feed Corporation (Canada)
- InnovaFeed (France)
- Enviroflight (U.S.)
- Nutrition Technologies (Singapore)
- Entomo Farms (Canada)
- Hargol FoodTech (Israel)
- Aspire Food Group (U.S.)
- All Things Bugs LLC (U.S.)
- Beta Hatch (U.S.)
- EntoCube Ltd. (Finland)
- Armstrong Crickets (U.S.)
- Global Bugs Asia (Thailand)
- JR Unique Foods Ltd.(Thailand)
- BioflyTech (Spain)
- TEBRIO (Spain)
- nextProtein (France)
- Hexafly (Ireland)
- HiProMine S.A. (Poland)
- Protenga (Singapore)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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