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