Sales of Regular Cricket Protein Powder to be 3X of Flavored Type: Persistence Market Research Study

Sales of Regular Cricket Protein Powder to be 3X of Flavored Type: Persistence Market Research Study

PR Newswire

NEW YORK, Feb. 4, 2021

NEW YORK, Feb. 4, 2021 /PRNewswire/ -- Edible insects are rich in essential nutrients, which varies greatly depending on the species and stage of life of the insect. The nutritional content of edible insects is found to be greater in adults as compared to instars. Research & development activities in the alternative protein industry prove that, protein extracted from edible insects are more digestible as compared to other plant-based and animal-based protein sources. Protein digestibility associated with different species ranges from 76% to 98%.

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Cricket protein powder protein products are also known for their ability to offer higher energy levels as compared to conventional animal-based protein products, as they contain higher amounts of essential amino acids as compared to conventional meat products. Vitamin B12, which occurs only in foods of animal origin, is found in sufficient amounts in house crickets. This vitamin is essential for the overall development of human health. As such, high nutritional profile offered by cricket protein powder is expected to drive growth of the cricket protein powder market, at an expected value CAGR of around 11% through 2030.

Key Takeaways from Cricket Protein Powder Market Study

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"Manufactures in the cricket protein powder market could gain increased profits by targeting food & beverage manufacturers with their product offerings. Insect-based food products are gaining rapid acceptance due to their high nutritional value," says a Persistence Market Research analyst.

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Competitive Landscape

Key players operating in the cricket protein powder market are focusing on expansion of their production facilities. Manufacturers are also forming strategic alliances/partnerships with regional food & beverage manufacturers in Western Europe, Asia Pacific, Latin America, and the Middle East and Africa, to increase their presence in the global market.

Key players are also involved in launching new products with cricket protein powder to increase their product portfolio and gain increased revenue.

Explore More Valuable Insights on Global Cricket Protein Powder Market

Persistence Market Research, in its new report, offers an impartial analysis of the global cricket protein powder market, presenting historical data (2015-2019) and estimation statistics for the forecast period of 2020-2030. The study offers compelling insights on the cricket protein powder market-based nature (organic and conventional), flavor (regular and flavored), end use (household and industrial), and distribution channel (business to business and business to consumer), across seven major regions of the world.

Browse Research Release at: https://www.persistencemarketresearch.com/market-research/cricket-protein-powders-market.asp

Browse End-to-end Market: Food and Beverages

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To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At Persistence Market Research, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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