Market Overview:
United States insect protein market size is projected to exhibit a growth rate (CAGR) of 18.70% during 2024-2032. The growing demand for sustainable protein sources among people, increasing focus on maintaining a healthy body, and rising awareness about environmental sustainability and the desire to reduce the ecological footprint of farming represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
18.70% |
Insect protein is derived from various edible insects, such as crickets, mealworms, and grasshoppers. It is a rich source of essential nutrients, such as omega 3 fatty acids, proteins, vitamins B2, B5, B7, and B9, iron, zinc, and magnesium. It is a viable alternative to traditional protein sources like meat, poultry, and plant-based proteins. It is less likely to trigger allergies as compared to some traditional protein sources like nuts or shellfish, which makes it a safer option for individuals with food allergies. It has lower levels of saturated fat than other animal-based protein sources that makes it a heart-healthy choice and reduces the risk of cardiovascular diseases. It can be processed into various forms, such as protein powder, protein bars, and insect-based food products, making it versatile for use in a wide range of food applications. It can contribute to addressing food security challenges, providing a readily available and affordable source of protein in regions where traditional protein sources are scarce. It supports environmental conservation efforts by reducing the ecological footprint associated with livestock farming. It assists in increasing energy levels and enhancing the immune system of individuals. As it aids in promoting feelings of fullness and reducing the overall calorie intake, the demand for insect protein is rising in the United States.
United States Insect Protein Market Trends:
Presently, the escalating demand for sustainable protein sources among health-conscious individuals represents one of the major factors influencing the market positively in the United States. Additionally, the increasing focus on insect farming, as it is highly resource-efficient and requires less land, water, and feed per unit of protein produced compared to traditional livestock farming, is bolstering the growth of the market in the country. Apart from this, there is a rise in the demand for healthier and protein-rich diets among people. This, coupled with the growing adoption of insect protein among people with food allergies, is offering a positive market outlook in Unites States. Moreover, the increasing focus on maintaining a healthy body is impelling the growth of the market. In line with this, the rising development of innovative insect-based food products, such as protein bars and snacks, to attract a wide consumer base is propelling the market growth in the US. Furthermore, the increasing awareness among the masses about environmental sustainability and the desire to reduce the ecological footprint of food production is providing lucrative growth opportunities to industry investors. In addition, the rising acceptance of insect protein among people is contributing to the market growth in the country. The increasing demand for clean label insect protein products is also strengthening the market growth in the US.
United States Insect Protein Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on source, distribution channel, and application.
Source Insights:
- Coleoptera
- Lepidoptera
- Hymenoptera
- Orthoptera
- Hemiptera
- Diptera
- Others
The report has provided a detailed breakup and analysis of the market based on the source. This includes coleoptera, lepidoptera, hymenoptera, orthoptera, hemiptera, diptera, and others.
Distribution Channel Insights:
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes online and offline.
Application Insights:
- Animal Nutrition
- Aqua Feed
- Poultry Feed
- Others
- Food and Beverages
- Pharmaceutical and Supplements
- Personal Care and Cosmetics
The report has provided a detailed breakup and analysis of the market based on the application. This includes animal nutrition (aqua feed, poultry feed, and others), food and beverages, pharmaceutical and supplements, and personal care and cosmetics.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United States Insect Protein Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Source
- Distribution Channel
- Application
- Region
|
Sources Covered |
Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera, Diptera, Others |
Distribution Channels Covered |
Online, Offline |
Applications Covered |
- Animal Nutrition: Aqua Feed, Poultry Feed, Others
- Food and Beverages
- Pharmaceutical and Supplements
- Personal Care and Cosmetics
|
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support
|
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States insect protein market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States insect protein market?
- What is the breakup of the United States insect protein market on the basis of source?
- What is the breakup of the United States insect protein market on the basis of distribution channel?
- What is the breakup of the United States insect protein market on the basis of application?
- What are the various stages in the value chain of the United States insect protein market?
- What are the key driving factors and challenges in the United States insect protein?
- What is the structure of the United States insect protein market and who are the key players?
- What is the degree of competition in the United States insect protein market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States insect protein market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States insect protein market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States insect protein industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.