Cricket Protein Powders Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently released a comprehensive report on the Cricket Protein Powders Market. The report provides an in-depth analysis of key market dynamics, including drivers, trends, opportunities, and challenges, offering detailed insights into the market structure.

Key Insights:

Cricket Protein Powders Market Size (2024E): USD 60.9 Mn
Projected Market Value (2033F): USD 155.8 Mn
Global Market Growth Rate (CAGR 2024 to 2033): 11.0%

Cricket Protein Powders Market - Report Scope:

Cricket protein powders are derived from ground crickets and are gaining popularity as a sustainable, high-protein alternative to traditional animal-based proteins. These powders are used in various applications, including dietary supplements, protein bars, snacks, and functional foods. Cricket protein is renowned for its high protein content, essential amino acids, and eco-friendly production process, making it a favorable option for health-conscious and environmentally aware consumers. The cricket protein powders market serves a diverse range of sectors, including the food and beverage industry, sports nutrition, and specialty health products. Market growth is driven by increasing awareness of the benefits of insect-based protein, the rising demand for sustainable food sources, and advancements in production technologies that enhance the quality and appeal of cricket protein powders.

Market Growth Drivers:

The global cricket protein powders market is driven by several key factors, including the growing demand for alternative protein sources, increasing health consciousness among consumers, and the rising awareness of the environmental benefits associated with cricket farming. As the global population continues to expand, there is a heightened need for sustainable and efficient protein sources. Cricket protein offers a low environmental footprint compared to traditional livestock farming, including reduced greenhouse gas emissions and minimal water usage. The nutrient density of cricket protein, which includes a complete amino acid profile, vitamins, and minerals, aligns with the rising consumer interest in health and wellness. Additionally, innovations in cricket farming and processing technologies contribute to improved product quality and market acceptance, further fueling growth in the sector.

Market Restraints:

Despite its promising growth, the cricket protein powders market faces several challenges. Consumer acceptance of insect-based products remains a significant hurdle, as cultural and psychological barriers can impact market adoption. The relatively high cost of production and processing compared to conventional protein sources can also limit widespread adoption. Additionally, regulatory hurdles and the need for standardized safety and quality controls can affect market dynamics. Addressing these challenges requires ongoing consumer education, cost reduction strategies, and collaboration with regulatory bodies to ensure product safety and market viability.

Market Opportunities:

The cricket protein powders market presents significant growth opportunities driven by emerging trends in health and sustainability. The increasing popularity of plant-based diets and the search for novel protein sources create a favorable environment for cricket protein powders. Opportunities exist in expanding product lines to include a variety of applications, such as protein-enriched snacks, meal replacements, and sports nutrition products. Strategic partnerships with food manufacturers, investment in research and development, and targeted marketing efforts to educate consumers about the benefits of cricket protein can help drive market growth. Additionally, exploring new geographic markets and developing innovative formulations to enhance taste and texture offer further opportunities for expansion.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the global cricket protein powders market?
Which applications and sectors are leading the demand for cricket protein powders?
How are technological advancements shaping the competitive landscape of the cricket protein powders market?
Who are the key players in the cricket protein powders market, and what strategies are they employing to stay competitive?
What are the emerging trends and future prospects in the global cricket protein powders market?

Competitive Intelligence and Business Strategy:

Leading players in the global cricket protein powders market, including companies like Aspire Food Group, Exo, and Chirps Chips, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in research and development to create high-quality cricket protein powders that meet consumer preferences and industry standards. Collaborations with food manufacturers, health and wellness brands, and distribution networks facilitate market access and promote the adoption of cricket protein products. Emphasis on sustainability, transparency, and consumer education drives market growth and enhances competitive positioning.

Key Companies Profiled:

Entomo Farms
Aspire Food Group
Exo Protein
Cricket Flours
Tiny Farms
EnviroFlight
The Cricket Lab
Bitty Foods
Hopper Foods
NutriGrub
All Things Bugs
FarmedHere
Next Millennium Farms
Cricket One
Ecovio

Cricket Protein Powders Industry Research by Category

By Type:

Whole Cricket Powder
Defatted Cricket Powder
Roasted Cricket Powder
Freeze-Dried Cricket Powder

By Application:

Dietary Supplements
Sports Nutrition
Food and Beverages
Animal Feed
Pet Nutrition

By Distribution Channel:

Business to Business
Business to Consumer
Online Retail
Brick-and-Mortar Stores

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

Product Code: PMRREP22069

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies

5. Global Cricket Protein Powder Market Demand Analysis 2019-2023 and Forecast, 2024-2033

5.1. Historical Market Volume (Tons) and Value (US$ Mn) Analysis, 2019-2023
5.2. Current and Future Market Volume (Tons) and Value (US$ Mn) Projections, 2024-2033

6. Global Cricket Protein Powder Market - Pricing Analysis

6.1. Regional Pricing Analysis By Nature
6.2. Global Average Pricing Analysis Benchmark

7. Global Cricket Protein Powders Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033

7.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
7.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ Opportunity Analysis

8. Market Background

8.1. Macro-Economic Factors
- 8.1.1. Global GDP Growth Outlook
- 8.1.2. Global Industry Value Added
- 8.1.3. Global Urbanization Growth Outlook
- 8.1.4. Global Food Security Index
- 8.1.5. Global Rank - Ease of Doing Business
- 8.1.6. Global Rank - Trading Across Borders
8.2. Global Food and Beverage Industry Overview
- 8.2.1. Food & Beverage Industry Key Indicators
8.3. Processed Food & Beverage Industry Outlook
8.4. Global Nutraceutical Market Overview
8.5. Global Beverage Industry Outlook
8.6. Cricket Protein Powders Production Clusters
8.7. Consumer Buying Patterns Analysis
8.8. Environmental Benefits of Farming Insects
8.9. Vertical Farming of Insects
8.10. Value-Chain Analysis
8.11. Key Regulation
- 8.11.1. Europe
- 8.11.2. North America
- 8.11.3. Other Regions
8.12. Market Dynamics
- 8.12.1. Drivers
- 8.12.2. Restraints
- 8.12.3. Opportunity Analysis
8.13. Forecast Factors - Relevance & Impact

9. Global Cricket Protein Powder Market Analysis 2019-2023 and Forecast 2024-2033, By Nature

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2019-2023
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2024-2033
- 9.3.1. Organic
- 9.3.2. Conventional
9.4. Market Attractiveness Analysis By Product Type

10. Global Cricket Protein Powder Market Analysis 2019-2023 and Forecast 2024-2033, By Flavor

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Flavor, 2019-2023
10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Flavor, 2024-2033
- 10.3.1. Regular
- 10.3.2. Flavored
  - 10.3.2.1. Vanilla
  - 10.3.2.2. Chocolate
  - 10.3.2.3. Others
10.4. Market Attractiveness Analysis By Flavor

11. Global Cricket Protein Powder Market Analysis 2019-2023 and Forecast 2024-2033, By End Use

11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) and Volume Analysis By End Use, 2019-2023
11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End Use, 2024-2033
- 11.3.1. Household
- 11.3.2. Industrial
  - 11.3.2.1. Bakery & Snacks
  - 11.3.2.2. Soups & Sauces
  - 11.3.2.3. Salads & Dressings
  - 11.3.2.4. Desserts & Smoothies
  - 11.3.2.5. Dietary Supplements
  - 11.3.2.6. Others
11.4. Market Attractiveness Analysis By End Use

12. Global Cricket Protein Powder Market Analysis 2019-2023 and Forecast 2024-2033, By Distribution Channel

12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Mn) and Volume Analysis By Distribution Channel, 2019-2023
12.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Distribution Channel, 2024-2033
- 12.3.1. Business to Business
- 12.3.2. Business to Consumer
  - 12.3.2.1. Hypermarkets/Supermarkets
  - 12.3.2.2. Food & Drink Specialty Stores
  - 12.3.2.3. Convenience Stores
  - 12.3.2.4. Online Retail
12.4. Market Attractiveness Analysis By Distribution Channel

13. Global Cricket Protein Powder Market Analysis 2019-2023 and Forecast 2024-2033, By Region

13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2019-2023
13.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2024-2033
- 13.3.1. North America
- 13.3.2. Latin America
- 13.3.3. Europe
- 13.3.4. South Asia & Pacific
- 13.3.5. East Asia
- 13.3.6. Middle East and Africa (MEA)
13.4. Market Attractiveness Analysis By Region

14. North America Cricket Protein Powder Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 14.3.1. By Country
  - 14.3.1.1. U.S.
  - 14.3.1.2. Canada
- 14.3.2. By Nature
- 14.3.3. By Flavor
- 14.3.4. By End Use
- 14.3.5. By Distribution Channel
14.4. Market Attractiveness Analysis
- 14.4.1. By Country
- 14.4.2. By Nature
- 14.4.3. By Flavor
- 14.4.4. By End Use
- 14.4.5. By Distribution Channel
14.5. Drivers and Restraints - Impact Analysis

15. Latin America Cricket Protein Powder Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 15.3.1. By Country
  - 15.3.1.1. Brazil
  - 15.3.1.2. Mexico
  - 15.3.1.3. Rest of Latin America
- 15.3.2. By Nature
- 15.3.3. By Flavor
- 15.3.4. By End Use
- 15.3.5. By Distribution Channel
15.4. Market Attractiveness Analysis
- 15.4.1. By Nature
- 15.4.2. By Flavor
- 15.4.3. By End Use
- 15.4.4. By Distribution Channel
15.5. Drivers and Restraints - Impact Analysis

16. Europe Cricket Protein Powder Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
16.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 16.3.1. By Country
  - 16.3.1.1. Germany
  - 16.3.1.2. U.K.
  - 16.3.1.3. France
  - 16.3.1.4. Italy
  - 16.3.1.5. Spain
  - 16.3.1.6. BENELUX
  - 16.3.1.7. Nordic
  - 16.3.1.8. Russia
  - 16.3.1.9. Poland
  - 16.3.1.10. Rest of EuropeBy Nature
- 16.3.2. By Flavor
- 16.3.3. By End Use
- 16.3.4. By Distribution Channel
16.4. Market Attractiveness Analysis
- 16.4.1. By Country
- 16.4.2. By Nature
- 16.4.3. By Flavor
- 16.4.4. By End Use
- 16.4.5. By Distribution Channel
16.5. Drivers and Restraints - Impact Analysis

17. South Asia Cricket Protein Powder Market Analysis 2019-2023 and Forecast 2024-2033

17.1. Introduction
17.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
17.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 17.3.1. By Country
  - 17.3.1.1. India
  - 17.3.1.2. ASEAN
  - 17.3.1.3. Oceania (Australia & New Zealand)
  - 17.3.1.4. Rest of South Asia
- 17.3.2. By Nature
- 17.3.3. By Flavor
- 17.3.4. By End Use
- 17.3.5. By Distribution Channel
17.4. Market Attractiveness Analysis
- 17.4.1. By Country
- 17.4.2. By Nature
- 17.4.3. By Flavor
- 17.4.4. By End Use
- 17.4.5. By Distribution Channel
17.5. Drivers and Restraints - Impact Analysis

18. East Asia Cricket Protein Powder Market Analysis 2019-2023 and Forecast 2024-2033

18.1. Introduction
18.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
18.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 18.3.1. By Country
  - 18.3.1.1. China
  - 18.3.1.2. Japan
  - 18.3.1.3. South Korea
- 18.3.2. By Nature
- 18.3.3. By Flavor
- 18.3.4. By End Use
- 18.3.5. By Distribution Channel
18.4. Market Attractiveness Analysis
- 18.4.1. By Country
- 18.4.2. By Nature
- 18.4.3. By Flavor
- 18.4.4. By End Use
- 18.4.5. By Distribution Channel
18.5. Drivers and Restraints - Impact Analysis

19. Middle East and Africa Cricket Protein Powder Market Analysis 2019-2023 and Forecast 2024-2033

19.1. Introduction
19.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
19.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 19.3.1. By Country
  - 19.3.1.1. GCC Countries
  - 19.3.1.2. South Africa
  - 19.3.1.3. Rest of Middle East and Africa
- 19.3.2. By Nature
- 19.3.3. By Flavor
- 19.3.4. By End Use
- 19.3.5. By Distribution Channel
19.4. Market Attractiveness Analysis
- 19.4.1. By Country
- 19.4.2. By Nature
- 19.4.3. By Flavor
- 19.4.4. By End Use
- 19.4.5. By Distribution Channel
19.5. Drivers and Restraints - Impact Analysis

20. Country Wise Cricket Protein Powder Market Analysis, 2024

20.1. Introduction
- 20.1.1. Market Value Proportion Analysis, By Key Countries
- 20.1.2. Global Vs. Country Growth Comparison
20.2. U.S. Cricket Protein Powder Market Analysis
- 20.2.1. By Nature
- 20.2.2. By Flavor
- 20.2.3. By End Use
- 20.2.4. By Distribution Channel
20.3. Canada Cricket Protein Powder Market Analysis
- 20.3.1. By Nature
- 20.3.2. By Flavor
- 20.3.3. By End Use
- 20.3.4. By Distribution Channel
20.4. Mexico Cricket Protein Powder Market Analysis
- 20.4.1. By Nature
- 20.4.2. By Flavor
- 20.4.3. By End Use
- 20.4.4. By Distribution Channel
20.5. Brazil Cricket Protein Powder Market Analysis
- 20.5.1. By Nature
- 20.5.2. By Flavor
- 20.5.3. By End Use
- 20.5.4. By Distribution Channel
20.6. Argentina Cricket Protein Powder Market Analysis
- 20.6.1. By Nature
- 20.6.2. By Flavor
- 20.6.3. By End Use
- 20.6.4. By Distribution Channel
20.7. Germany Cricket Protein Powder Market Analysis
- 20.7.1. By Nature
- 20.7.2. By Flavor
- 20.7.3. By End Use
- 20.7.4. By Distribution Channel
20.8. Italy Cricket Protein Powder Market Analysis
- 20.8.1. By Nature
- 20.8.2. By Flavor
- 20.8.3. By End Use
- 20.8.4. By Distribution Channel
20.9. France Cricket Protein Powder Market Analysis
- 20.9.1. By Nature
- 20.9.2. By Flavor
- 20.9.3. By End Use
- 20.9.4. By Distribution Channel
20.10. U.K. Cricket Protein Powder Market Analysis
- 20.10.1. By Source
- 20.10.2. By Application
20.11. Spain Cricket Protein Powder Market Analysis
- 20.11.1. By Nature
- 20.11.2. By Flavor
- 20.11.3. By End Use
- 20.11.4. By Distribution Channel
20.12. Russia Cricket Protein Powder Market Analysis
- 20.12.1. By Nature
- 20.12.2. By Flavor
- 20.12.3. By End Use
- 20.12.4. By Distribution Channel
20.13. Poland Cricket Protein Powder Market Analysis
- 20.13.1. By Nature
- 20.13.2. By Flavor
- 20.13.3. By End Use
- 20.13.4. By Distribution Channel
20.14. China Cricket Protein Powder Market Analysis
- 20.14.1. By Nature
- 20.14.2. By Flavor
- 20.14.3. By End Use
- 20.14.4. By Distribution Channel
20.15. Japan Cricket Protein Powder Market Analysis
- 20.15.1. By Nature
- 20.15.2. By Flavor
- 20.15.3. By End Use
- 20.15.4. By Distribution Channel
20.16. S. Korea Cricket Protein Powder Market Analysis
- 20.16.1. By Nature
- 20.16.2. By Flavor
- 20.16.3. By End Use
- 20.16.4. By Distribution Channel
20.17. India Cricket Protein Powder Market Analysis
- 20.17.1. By Nature
- 20.17.2. By Flavor
- 20.17.3. By End Use
- 20.17.4. By Distribution Channel
20.18. Turkey Cricket Protein Powder Market Analysis
- 20.18.1. By Nature
- 20.18.2. By Flavor
- 20.18.3. By End Use
- 20.18.4. By Distribution Channel
20.19. South Africa Cricket Protein Powder Market Analysis
- 20.19.1. By Nature
- 20.19.2. By Flavor
- 20.19.3. By End Use
- 20.19.4. By Distribution Channel

21. Market Structure Analysis

21.1. Market Analysis By Tier of Companies
21.2. Market Concentration
21.3. Market Presence Analysis

22. Competition Analysis

22.1. Competition Dashboard
22.2. Competition Deep Dive
- 22.2.1. Cricket Flours LLC
  - 22.2.1.1. Overview
  - 22.2.1.2. Product Portfolio
  - 22.2.1.3. Sales Footprint
  - 22.2.1.4. Strategy Overview
  - 22.2.1.5. Key Developments/Key Takeaways
- 22.2.2. Entomo Farms
  - 22.2.2.1. Overview
  - 22.2.2.2. Product Portfolio
  - 22.2.2.3. Sales Footprint
  - 22.2.2.4. Strategy Overview
  - 22.2.2.5. Key Developments/Key Takeaways
- 22.2.3. Chapul Cricket Protein
  - 22.2.3.1. Overview
  - 22.2.3.2. Product Portfolio
  - 22.2.3.3. Sales Footprint
  - 22.2.3.4. Strategy Overview
  - 22.2.3.5. Key Developments/Key Takeaways
- 22.2.4. Exo Inc.
  - 22.2.4.1. Overview
  - 22.2.4.2. Product Portfolio
  - 22.2.4.3. Sales Footprint
  - 22.2.4.4. Strategy Overview
  - 22.2.4.5. Key Developments/Key Takeaways
- 22.2.5. True Nutrition
  - 22.2.5.1. Overview
  - 22.2.5.2. Product Portfolio
  - 22.2.5.3. Sales Footprint
  - 22.2.5.4. Strategy Overview
  - 22.2.5.5. Key Developments/Key Takeaways
- 22.2.6. JR Unique Foods Ltd.
  - 22.2.6.1. Overview
  - 22.2.6.2. Product Portfolio
  - 22.2.6.3. Sales Footprint
  - 22.2.6.4. Strategy Overview
  - 22.2.6.5. Key Developments/Key Takeaways
- 22.2.7. Live Longer
  - 22.2.7.1. Overview
  - 22.2.7.2. Product Portfolio
  - 22.2.7.3. Sales Footprint
  - 22.2.7.4. Strategy Overview
  - 22.2.7.5. Key Developments/Key Takeaways
- 22.2.8. Global Bugs Asia Co., Ltd.
  - 22.2.8.1. Overview
  - 22.2.8.2. Product Portfolio
  - 22.2.8.3. Sales Footprint
  - 22.2.8.4. Strategy Overview
  - 22.2.8.5. Key Developments/Key Takeaways
- 22.2.9. Chirps Chips
  - 22.2.9.1. Overview
  - 22.2.9.2. Product Portfolio
  - 22.2.9.3. Sales Footprint
  - 22.2.9.4. Strategy Overview
  - 22.2.9.5. Key Developments/Key Takeaways
- 22.2.10. The Cricket Hop Co. Ltd
  - 22.2.10.1. Overview
  - 22.2.10.2. Product Portfolio
  - 22.2.10.3. Sales Footprint
  - 22.2.10.4. Strategy Overview
  - 22.2.10.5. Key Developments/Key Takeaways
- 22.2.11. Crik Nutrition
  - 22.2.11.1. Overview
  - 22.2.11.2. Product Portfolio
  - 22.2.11.3. Sales Footprint
  - 22.2.11.4. Strategy Overview
  - 22.2.11.5. Key Developments/Key Takeaways
- 22.2.12. Protanica Co. Ltd.
  - 22.2.12.1. Overview
  - 22.2.12.2. Product Portfolio
  - 22.2.12.3. Sales Footprint
  - 22.2.12.4. Strategy Overview
  - 22.2.12.5. Key Developments/Key Takeaways