Middle East and Africa insect protein market are projected to register a CAGR of 19.1% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
Middle East and Africa Insect Protein Market, By Insect Type (Beetles, Caterpillars, Bees, Wasps & Ants, Grasshoppers, Locusts, Crickets, True Bugs, Black Soldier Flies, Cicadas, Leafhoppers, Plant Hoppers, Scale Insects, Termites, Dragonflies, Flies, Mealworms and Others), Application (Feed, Food & Beverage and Pharmaceuticals and Cosmetics), Distribution Channel (Direct and Indirect), Country (South Africa, Saudi Arabia, Qatar, Kuwait, U.A.E., Ethiopia, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the Middle East and Africa insect protein market are:
- Rising awareness about the benefits of insect protein.
- Growing demand for alternative protein sources.
Market Players:
The key market players for Middle East and Africa insect protein Market are listed below:
- EnviroFlight, LLC
- Aspire Food Group
- AgriProtein