Typological market taxonomy for insect protein distinguishes four processing‑derived categories that shape product‑level economics. Whole‑insect powder, derived from species such as crickets and mealworms, retains the native protein matrix and accounts for the bulk of bulk‑ingredient contracts, particularly in emerging snack applications. Protein isolates, produced through alkaline extraction and precipitation, achieve purity levels above 80 % and command premium pricing in fortified foods and high‑performance animal feeds. Hydrolysates, generated by enzymatic cleavage, supply short‑chain peptides with enhanced solubility and bioavailability, making them attractive for nutraceutical formulations and functional beverages. Lastly, Chitin‑derived fractions, including chitosan and chitin nanofibers, are valorised for their functional properties in cosmetics, biomedical coatings, and water‑treatment agents. Each type contributes a distinct margin profile: powders dominate volume, isolates drive value‑add, hydrolysates expand the functional‑ingredient niche, and chitin derivatives diversify revenue streams beyond direct protein sales. Collectively, these typologies underpin the overall market size, illustrating how processing depth influences both demand elasticity and investment priorities.