Lepidoptera - Insect Protein Market Statistics
The global lepidoptera insect protein market size was valued at US$ 51.0 million in 2020 and is estimated to grow at a compound annual growth rate (CAGR) of 29.1% from 2020 to 2028.
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Lepidoptera - Insect protein market highlights
- The global lepidoptera segment generated a revenue of USD 51.0 million in 2020 and is expected to reach USD 392.4 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 30.1% by 2028.
- In terms of region, Europe was the largest revenue generating market in 2020.
- Country-wise, India is expected to register the highest CAGR from 2021 to 2028.
Market summary
| Market revenue in 2020 | USD 51.0 million |
| Market revenue in 2028 | USD 392.4 million |
| Growth rate | 30.1% (CAGR from 2021 to 2028) |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
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Insect Protein Market Scope
Insect protein market segmentation & scope
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