Lucintel Blog: Offline is expected to remain the largest segment in the global insect protein market

Friday, January 27, 2023

Offline is expected to remain the largest segment in the global insect protein market

An exciting new study from the team of Lucintel found that insect protein market is expected to reach $XX billion by 2028 with a CAGR of 24% to 26%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/insect-protein-market.aspx.

The insect protein market is segmented based on insect type, application, distribution channel, and region. In this market, Offline is expected to remain the largest distribution channel, and animal feed segment is expected to remain the largest insect type. Players can benefit from the available opportunities like the presence of key insect protein manufacturers and growing demand among the consumers for insect-based protein products in the region. Large number of start-ups that provide edible insects and insect-based protein products in NA region contributes in the growth of insect protein in this region.

InnovaFeed, EnviroFlight, Ynsect, Hexafly, Protix, Aspire Food Group, and Chapul are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/insect-protein-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the insect protein market by insect type (crickets, black soldier flies, mealworms, grasshoppers, ants, and other insects), application (food and beverages, animal nutrition, and pharmaceutical and cosmetic), distribution channel (offline and online), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the insect protein market?

Q.4 What are some changing demands of customers in the insect protein market?

Q.5 What are the new developments in the insect protein market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this insect protein area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this insect protein market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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