/PRNewswire/ The "Insect Farming- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Insect (Silkworms, Honeybees,.
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The Global Alternative Proteins Market is expected to reach $27.05 billion by 2027, growing at a CAGR of 11.2% during the forecast period of 2020 to 2027.
This market is majorly driven by factors such as growing urbanization, growing venture investments in alternative protein companies, innovation in food technology, high nutritional value of edible insects, and environmental sustainability with production & consumption of alternative protein.
Moreover, new product launches and increasing inclination towards a vegan diet further support this market s growth. However, the high cost of alternative proteins and significant preference for animal-based products hinders this market s growth to some extent. On the other hand, increasing soy-free and gluten-free trend poses a challenge to the global alternative proteins market.
Alternative Protein Market Report 2021 - Global Forecast to 2027: Growing Urbanization with New Consumer Aspirations prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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This report provides an in-depth analysis of the edible insects market across the globe emphasizing on the current market trends, market size, recent developments, and providing the forecast till 2027. In terms of value, the edible insects market is expected to grow at a CAGR of 26.5% from 2020 to 2027 to reach $4.63 billion by 2027. Moreover, in terms of volume, the edible insects market is expected to grow at a CAGR of 28.5% from 2020 to 2027 to reach 13,98,862.6 tonnes by 2027.
Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and challenges. This market is characterized by more diversified operations, which offer shelf-stable and healthy products, mainly due to the growing emission of greenhouse gases from livestock and poultry, high nutritional value of inse
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LONDON, Dec. 17, 2020 /PRNewswire/ According to a new market research report titled Edible Insects Market by Product (Whole Insect, Insect Powder, Insect Meal, Insect Oil) Insect Type (Crickets, Black Soldier Fly, Mealworms), Application (Animal Feed, Protein Bar and Shakes, Bakery, Confectionery, Beverages) - Global Forecast to 2027 published by Meticulous Research, in terms of value, the edible insects market is expected to grow at a CAGR of 26.5% from 2020 to 2027 to reach $4.63 billion by 2027. In terms of volume, the edible insects market is expected to grow at a CAGR of 28.5% from 2020 to 2027 to reach 13,98,862.6 tonnes by 2027.
Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp id=5156