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The global cricket protein powders market is being aided by the growth of the insects protein market. The global insects protein market is expected to grow at a CAGR of 36.50% in the forecast period of 2024-2032.
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The market for cricket protein powders is driven by the growing awareness about the benefits associated with its consumption, including enhanced muscle mass, stabilised blood sugar levels, weight management, healthy brain and heart function, improved mood, and slower ageing. In the recent years, more than 25 edible insects’ startups have been launched in North America, and in the course of the forecast period the market size is expected to increase significantly. The product is being used by the manufacturers and marketed for its protein and nutrient punch, which has been translated to the masses as a healthier and more sustainable means of protein as compared to beef. The cricket protein powders are a rich source of iron and calcium, which is also contributing to the market growth of cricket protein powders.
Cricket protein powder, also known as cricket flour, contains protein triple the amount present in sirloin and double the amount present in chicken. The product has gained momentum in its demand due to its easy farming and added nutritional benefits. The cricket protein powder has a mild and nutty taste, which is why many consumers prefer it. It is high in protein and is gluten-free.
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On the basis of type, the market is divided into:
Based on application, the industry can be segmented into:
By distribution channel, the market is categorised into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The cricket protein powder industry is being driven by the rising demand for iron and calcium as the former provides energy, enhances muscle function, and promotes brain function. It is also crucial for women who are pregnant. Calcium helps to lower the blood pressure, support weight management, promote bone health and is claimed to reduce the risk of colon and rectal cancers. All these benefits are expected to enhance the market growth over the forecast period.
The report gives a detailed analysis of the following key players in the global cricket protein powders market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Application |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 36.5% between 2024 and 2032.
The major drivers of the market are growing awareness about the benefits associated with its consumption, and the rising demand for iron and calcium.
The key trends guiding the growth of the market include the launch of more than 25 edible insects’ startups and marketing strategies.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of cricket protein powders in the market are organic and conventional.
The significant applications in the market are food, feed, cosmetics, and dietary supplements, among others.
The major distribution channels in the market are hypermarkets and supermarkets, convenience stores, specialty stores, and online retail, among others.
The major players in the global cricket protein powders market are Tiny Farms, JR Unique Foods Ltd., Edible Bug Shop, and UV Skinz, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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