Report Overview:
The following report titled “Global Edible Insects Market: By Insect Type (Crickets, Mealworms, Black Soldier Flies, Buffalo’s, Grasshoppers, Ants, Silkworms, Cicadas, Beetles, Caterpillars), By Product Type (Insect Powder, Protein Bars, Whole Insects) and other forecast 2024-2030” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.
Global Edible Insects Market Summary
The Global Edible Insects Market size is estimated to grow at a CAGR of around 25.2% during the forecast period, i.e., 2024-30. The market's growth is driven primarily by the burgeoning requirements for high-protein low-fat foods worldwide. Besides, the easy availability, high nutritional value, and low-cost production methods associated with edible insects further drive the global market. The increasing number of insect farming practices due to low costs and the rising instances of livestock diseases are other crucial aspects leading to the mounting adoption of insect-based food products globally. Furthermore, massive RD investments by the leading players in the industry are coming up with innovative products projecting profitable opportunities for the market over the forthcoming years.
Report Coverage Details
- Forecast Period: 2024-2030
- Base Year: 2023
- CAGR: 25.2%
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Edible Insects Market Trend:
Increasing Popularity of Biotechnology Genetic Engineering to be a trending Aspect – Genetic engineering and biotechnology are becoming major trends in the Edible Insects Industry. These technologies present chances to improve several facets of product creation and insect production. The optimization of insect-rearing procedures, including breeding programs targeted at enhancing desired features, including growth rate, nutritional content, and disease resistance, is made possible by biotechnology.
Segmentation Analysis: Edible Insects Market
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)
- Grasshoppers- Market Size Forecast 2019-2030, (USD Million)
- Ants- Market Size Forecast 2019-2030, (USD Million)
- Buffalo’s Worm- 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 Product Type
- Insect Powder- Market Size Forecast 2019-2030, (USD Million)
- Protein Bars- Market Size Forecast 2019-2030, (USD Million)
- Whole Insects- 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)
By Region
- North America
- South America
- Europe
- The Middle East Africa
- Asia-Pacific
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Region: Asia-Pacific Holds a Major Market Share
Among them, The Asia-Pacific region is dominating the Edible Insects Market in 2024 and is expecting consequential growth during the forecast period.
Leading Players Analysis: Edible Insects Market
The report provides detailed analysis of key players in the global Edible Insects market, highlighting their strategies and competitive scenario.
- AgriProtein Technologies
- Aspire Food Group
- All Things Bugs
- Beta Hatch
- Bioflytech
- DeliBugs Ltd.
- Eat Grub Ltd.
- Thailand Unique
- Nordic Insect Economy
- Kreca Ento - Food BV
- Entomo Farms Ltd.
- Protifarm NV
- EnviroFlight LLC
- EntoCube, Ltd.
- Entomo Farms
- Haocheng Mealworm Inc.
- Hargol FoodTech
- Ÿnsect SAS
- Others
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