Global Cricket Protein Powders Market Statistics, Development and Growth 2025
A new market study, titled “Global Cricket Protein Powders Market Insights, Forecast to 2025” has been featured on WiseGuyReports.
This report studies the global market size of Cricket Protein Powders in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Cricket Protein Powders in these regions.
This research report categorizes the global Cricket Protein Powders market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
Cricket protein powder is also known as cricket flour has almost triple the amount of protein present in sirloin and double the protein of chicken. There are thousands of insects that are eaten worldwide, but crickets continue to gain momentum because they are easy to farm and come with a host of nutritional benefits. Cricket flour actually has a mild and nutty taste that many consumers prefer to it. Cricket protein powder is made by drying or roasted crickets that are raised on domestic cricket farms. They are then milled into a fine powder that can be used in protein bars, smoothies, and baked goods. Cricket flour is valued because it is gluten-free and high in protein. The benefits of eating more high protein foods include improved muscle mass, weight management, stabilized blood sugar levels, improved mood, healthy brain and heart function, and slower aging. Over the past 3–4 years, more than 25 edible insects startups have launched in the United States and Canada. One new company, called All Things Bugs, sold 10,000 pounds of cricket powder in 2014, according to Fortune. It has been estimated that the edible-insect industry will be worth more than 360 million dollars in the next five years — so it looks like cricket protein powder is here to stay.
ALSO READ: https://wiseguyreports.wordpress.com/2020/10/30/global-cricket-protein-powders-market-industry-size-growth-analysis-and-forecast-of-2025/
According to study, cricket protein products were a huge hit at the National Products Expo in Baltimore. Manufacturers are using the product’s protein and nutrient punch as their marketing strategies promoting cricket powder as a healthier and more sustainable means of protein than beef. Cricket protein powder is also a good source of iron and calcium. Iron-rich foods provide energy, boost muscle function and promote brain function. Consuming enough iron is also very important for women who are pregnant. Calcium-rich foods help to reduce blood pressure, promote bone health, support weight management and may even decrease the risk or colon and rectal cancers. For instance, these health benefits are driving the market. However, there is some restraint which is slowing the cricket protein powder market such as side effect, irritation, and other.
In 2017, the global Cricket Protein Powders market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. The objectives of this study are to define, segment, and project the size of the Cricket Protein Powders market based on company, product type, application and key regions.
The various contributors involved in the value chain of Cricket Protein Powders include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Cricket Protein Powders include
Market Size Split by Type
Market Size Split by Application
Market size split by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Cricket Protein Powders market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Cricket Protein Powders market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Cricket Protein Powders manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cricket Protein Powders with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Cricket Protein Powders submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Cricket Protein Powders are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Cricket Protein Powders market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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