Insect Protein Market Share Report Online | |
Insect protein is one of the unique, promising animal feed proteins, owing to its functional, environmental, and nutritional benefits. However, high costs, legislation, and limited production capacity remain the main restraining factors for growth. Insect-based proteins are still expensive to produce; the equipment and procedures required to make them need optimization for large-scale production. Few consumers are inclined to pay higher prices for the health and environmental benefits of protein derived from insects, but numerous are priced out of this market. The impact of COVID-19 has affected most countries across the world. Lockdowns, owing to COVID-19 adversely affected the global insect protein market growth. The pandemic led to several challenges to the food sector; the meat market has been poorly hit globally. The risk of continuous production, supply, distribution, lack of workforce, and lesser development activities have concerned the insect feed market. On 11 March 2020, WHO characterized the COVID-19 outbreak as a pandemic after spreading to 114 countries. As a result, a potential shift in consumers' food choices might occur, particularly concerning food of animal origin. Therefore, it is projected that there will be a higher rejection to consume unusual foods of animal origin like insects. Get a Free Sample Copy of the Report: https://www.delvens.com/get-free-sample/insect-protein-market-trends-forecast-till-2030 | |
Target Prov.: All Provinces Target City : All Cities Last Update : Jun 16, 2023 3:05 AM Number of Views: 86 | Item Owner : Delvens Contact Email: Contact Phone: 02086385055 |
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