Reports

Cricket Protein Powders Market

Global Cricket Protein Powders Market: By Type: Organic, Conventional; By Application: Food, Feed, Cosmetics, Dietary Supplements, Others; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Cricket Protein Powders Market Outlook

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 2023-2028.

 

Global Cricket Protein Powders Market

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Growing Awareness About the Benefits of the Product to Boost the Market Growth of Cricket Protein Powders

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 Powders: Market Segmentation

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.

 

Global Cricket Protein Powders Market By Type

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On the basis of type, the market is divided into:

  • Organic
  • Conventional

Based on application, the industry can be segmented into:

By distribution channel, the market is categorised into:

  • Hypermarkets and Supermarkets
  • Convenience Store
  • Specialty Stores 
  • Online Retail
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Cricket Protein Powders Market By Region

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Rising Demand for Iron and Calcium to Aid the Market Growth of Cricket Protein Powders

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.

 

Key Industry Players in the Global Cricket Protein Powders Market

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:

  • Tiny Farms
  • JR Unique Foods Ltd.
  • Edible Bug Shop
  • UV Skinz, Inc.
  • Others

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Distribution Channel, Region
Breakup by Type Organic, Conventional
Breakup by Application Food, Feed, Cosmetics, Dietary Supplements, Others
Breakup by Distribution Channel Hypermarkets and Supermarkets, Convenience Stores, Specialty Stores, Online Retail, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Tiny Farms, JR Unique Foods Ltd., Edible Bug Shop, UV Skinz, Inc., Others
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Cricket Protein Powders Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Cricket Protein Powders Historical Market (2018-2022) 
    8.3    Global Cricket Protein Powders Market Forecast (2023-2028)
    8.4    Global Cricket Protein Powders Market by Type
        8.4.1    Organic
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Conventional
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
    8.5    Global Cricket Protein Powders Market by Application
        8.5.1    Food
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Feed
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Cosmetics
            8.5.3.1    Historical Trend (2018-2022)
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Dietary Supplements
            8.5.4.1    Historical Trend (2018-2022)
            8.5.4.2    Forecast Trend (2023-2028)
        8.5.5    Others
    8.6    Global Cricket Protein Powders Market by Distribution Channel
        8.6.1    Hypermarkets and Supermarkets
            8.6.1.1    Historical Trend (2018-2022)
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Convenience Stores
            8.6.2.1    Historical Trend (2018-2022)
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Specialty Stores 
            8.6.3.1    Historical Trend (2018-2022)
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Online Retail
            8.6.4.1    Historical Trend (2018-2022)
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.5    Others   
    8.7    Global Cricket Protein Powders Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2022) 
            8.7.1.2    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2022) 
            8.7.2.2    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2022) 
            8.7.3.2    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2022) 
            8.7.4.2    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2022) 
            8.7.5.2    Forecast Trend (2023-2028)
9    North America Cricket Protein Powders Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Cricket  Protein Powders Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Cricket Protein Powders Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Cricket Protein Powders Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Cricket Protein Powders Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
    16.1    North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.2    Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.3    Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.4    Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
    16.5    Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17    Manufacturing Process
    17.1    Overview
    17.2    Detailed Process Flow
    17.3    Operation Involved
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Tiny Farms
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    JR Unique Foods Ltd.
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Edible Bug Shop
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    UV Skinz, Inc.
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Others
19    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Cost of Raw Materials
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investments

 

List of Key Figures and Tables

1.    Global Cricket Protein Powders Market: Key Industry Highlights, 2018 and 2028
2.    Global Cricket Protein Powders Historical Market: Breakup by Application (USD Billion), 2018-2022
3.    Global Cricket Protein Powders Market Forecast: Breakup by Application (USD Billion), 2023-2028
4.    Global Cricket Protein Powders Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
5.    Global Cricket Protein Powders Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
6.    Global Cricket Protein Powders Historical Market: Breakup by Region (USD Billion), 2018-2022
7.    Global Cricket Protein Powders Market Forecast: Breakup by Region (USD Billion), 2023-2028
8.    North America Cricket Protein Powders Historical Market: Breakup by Country (USD Billion), 2018-2022
9.    North America Cricket Protein Powders Market Forecast: Breakup by Country (USD Billion), 2023-2028
10.    Europe Cricket Protein Powders Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    Europe Cricket Protein Powders Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Asia Pacific Cricket Protein Powders Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Asia Pacific Cricket Protein Powders Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Latin America Cricket Protein Powders Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Latin America Cricket Protein Powders Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Middle East and Africa Cricket Protein Powders Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Middle East and Africa Cricket Protein Powders Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    North America Historical Price Trends and Forecast 2018-2028
19.    Europe Historical Price Trends and Forecast 2018-2028
20.    Asia Pacific Historical Price Trends and Forecast 2018-2028
21.    Latin America Historical Price Trends and Forecast 2018-2028
22.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
23.    Global Cricket Protein Powders Market Structure

Key Questions Answered in the Report

What is the growth rate of the global cricket protein powders market?

The market is projected to grow at a CAGR of 36.5% between 2023 and 2028.

What are the major market drivers?

The major drivers of the market are growing awareness about the benefits associated with its consumption, and the rising demand for iron and calcium.

What are the key trends of the market?

The key trends guiding the growth of the market include the launch of more than 25 edible insects’ startups and marketing strategies.

What are the major regional markets of cricket protein powders, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading types of cricket protein powders in the market?

The leading types of cricket protein powders in the market are organic and conventional.

What are the significant applications in the market?

The significant applications in the market are food, feed, cosmetics, and dietary supplements, among others.

What are the major distribution channels in the market?

The major distribution channels in the market are hypermarkets and supermarkets, convenience stores, specialty stores, and online retail, among others.

Who are the key market players, according to the report?

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.

Analyst Review

The global cricket protein powders market is being driven by the rising health consciousness and the rising insects protein market. Aided by the growing number of start-ups in the industry, the insects protein market is expected to witness a robust growth in the forecast period of 2023-2028, growing at a CAGR of 36.50%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is bifurcated into organic and conventional. On the basis of application, the market is divided into food, feed, cosmetics, and dietary supplements, among others. By distribution channel, the market is segmented into hypermarkets and supermarkets, convenience stores, specialty stores, and online retail, among others. The major regional markets for cricket protein powders are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Tiny Farms, JR Unique Foods Ltd., Edible Bug Shop, and UV Skinz, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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