Edible Insects Market Forecasts 12.4% CAGR Growth Through 2030

Global Edible Insects Market Insights Report Overview

Dive into the latest insights on the Global Edible Insects Market with our comprehensive report, accurately curated by the experts at MarkNtel Advisors. Our report offers a thorough examination of the global landscape, providing valuable data, impartial analysis, and strategic insights to drive informed decision-making.

Report's Study Period:

Historical Period: 2018-22
Base Year: 2023
Forecasting Period: 2024-30

We accurately gather data from primary and secondary sources, capturing the industry's historical fluctuations and trends, including market dynamics, consumer behavior, manufacturing insights, and more. Leveraging this data alongside the base year information, we project the industry's trajectory into the future.

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Industry Driving Factor:

Rising Awareness about the Various Health Benefits of Edible Insects – One of the main factors propelling the Global Edible Insects Market is growing consumer awareness of the numerous health advantages of edible insects. Insects are becoming more popular as alternative protein sources because people are becoming more aware of traditional livestock husbandry's negative effects on the environment and sustainability. In addition, edible insects are a nutrient-dense food choice since they are high in protein, good fats, vitamins, and minerals.

Moreover, compared to traditional livestock, insects require less land, water, and feed, which adds to their allure as a sustainable food source. The demand for insect-based goods is rising globally as people become more aware of the possible health advantages of including edible insects in their diets and become more concerned about environmental sustainability and food security.

Segmentation Summary: Global Edible Insects Market

Our report delves into the intricate segmentation of the Edible Insects Market, providing insights into each subdivision's trajectory, trends, and advancements. This analysis empowers stakeholders to navigate the industry landscape with precision, understanding the nuances of each segment.

-By Product Type

Whole Insects
Insect Powder
Protein Bars

Here, insect powder & protein bars altogether accounted for the largest market share in the past few years, owing prominently to their hassle-free transportation, storage, handling, & application. Insects in powdered form are convenient to consume, easily available worldwide, and can be stored at room temperature. In many countries, people usually consume insect powder by mixing it with various other food items for enhanced taste.

Moreover, the increasing number of health clubs & gyms serving insect powder, the increasing consumer inclination toward fitness & wellness, and the growing requirements of people for highly nutritious & convenient foods owing to busy lifestyles are other crucial aspects expected to accelerate demand for insect powder globally in the coming years.

-By Insect Type

Crickets- Market Size & Forecast 2019-2030, (USD Million)
Mealworms- Market Size & Forecast 2019-2030, (USD Million)
Black Soldier Flies- Market Size & Forecast 2019-2030, (USD Million)
Buffalo’s- Market Size & Forecast 2019-2030, (USD Million)
Grasshoppers- Market Size & Forecast 2019-2030, (USD Million)
Ants- Market Size & Forecast 2019-2030, (USD Million)
Silkworms- Market Size & Forecast 2019-2030, (USD Million)
Cicadas- Market Size & Forecast 2019-2030, (USD Million)
Beetles- Market Size & Forecast 2019-2030, (USD Million)
Caterpillar- Market Size & Forecast 2019-2030, (USD Million)
Others- Market Size & Forecast 2019-2030, (USD Million)

-By End User

Human Consumption- Market Size & Forecast 2019-2030, (USD Million)
Animal Feed- Market Size & Forecast 2019-2030, (USD Million)
Agriculture- Market Size & Forecast 2019-2030, (USD Million)

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Leading Competitor: Global Edible Insects Market

AgriProtein Technologies
Aspire Food Group
All Things Bugs
Beta Hatch
Bioflytech
DeliBugs Ltd.
Eat Grub Ltd.
Thailand Unique
Nordic Insect Economy Ltd.
Kreca Ento - Food BV
Entomo Farms Ltd.
Protifarm NV
EnviroFlight LLC
EntoCube, Ltd.
Entomo Farms
Haocheng Mealworm Inc.
Hargol FoodTech
Ÿnsect SAS
Others

Geographical Reach:

The Edible Insects Industry spans across various regions, each characterized by unique cultural, regulatory, and economic factors. Our regional analysis provides a comprehensive overview and forecast, considering these differences and assessing market players' presence, consumer preferences, and more.

-By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

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Key Focus Areas:

What are the primary drivers and trends influencing the Edible Insects Industry's growth, and how is the market structured?
How are segments within the Edible Insects Industry defined, and what is the size of each segment?
Which segments and geographical regions present the most promising growth opportunities?
What does the competitive landscape look like, and how do key players position themselves within the market?

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