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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 36.5% in the forecast period of 2023-2028.
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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.
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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.
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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.
| 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 Industry Opportunities and Challenges
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 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Cricket Protein Powders Market by Application
8.5.1 Food
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Feed
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Cosmetics
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Dietary Supplements
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 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 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Convenience Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Specialty Stores
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Online Retail
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Others
8.7 Global Cricket Protein Powders Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Manufacturing Process
13.1 Overview
13.2 Detailed Process Flow
13.3 Operations Involved
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Tiny Farms
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 JR Unique Foods Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Edible Bug Shop
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 UV Skinz, Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Others
15 Industry Events and Developments
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
The global cricket protein powders market is being aided by the growing insects protein market, which is projected to grow at a CAGR of 36.5% between 2021 and 2026.
The major drivers of the industry, such as the growing awareness about the benefits associated with its consumption, marketing strategies, and the rising demand for iron and calcium, are expected to aid the market growth.
The key trend guiding the growth of the market includes the launch of more than 25 edible insects’ startups.
The major regions in the industry 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 application segments in the industry 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 industry 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 36.5%.
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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