Various companies in the insect protein market are undertaking strategies to expand their business and gain the market share. Some of the key strategies adopted by the industry participants are new product launches, partnerships, and acquisitions.

The insect protein market is projected to reach USD 1,336 million by 2025, from USD 144 million in 2019, at a CAGR of 45.0 % during the forecast period.

Insect Protein Market by Insect Type (Crickets, Black Soldier Flies, Mealworms, Ants, and Grasshoppers), Application (Food & Beverages, Animal Nutrition (Aquafeed, Pet Food, and Poultry Feed), Pharmaceuticals & Cosmetics), Region

Known and Unknown Adjacencies Impacting the Insect Protein Market