Edible Insects Market Growth, Size, Revenue Analysis, Top Leaders and Forecast 2029

Karan Maximize

Edible Insects Market was valued at US$ 2.77 Bn. in 2023. The Global Edible Insects Market size is estimated to grow at a CAGR of 19.2 % over the forecast period.

Edible Insects Market Overview

Edible Insects Market Research Report includes the current state of the market in terms of the definitions, classifications, applications, and industry chain structure. The report provides unbiased professional commentary on the present market scenario, market performance, production and consumption rates, demand and supply ratios, and income generation over the forecast period. The Edible Insects Market report also gives information on the leading businesses functioning in the Edible Insects industry’s, strategic ambitions and company growth strategies. Mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand promotions, and product launches are among the methods evaluated in the research.

Edible Insects Market Scope

The report also highlights the latest developments and cutting-edge technologies in the global Edible Insects Market. It provides detailed insights into the market, including market shares, supply chain analysis, and key success factors. The Maximize Market Research report offers a comprehensive and dynamic analysis of the Edible Insects Market, utilizing a rigorous research methodology. It covers major growth drivers, market dynamics, challenges, and scope, along with conducting PESTAL, PORTER, and SWOT analyses.  The report’s conclusion features opinions from industry experts representing top-leading organizations in the global Edible Insects Market. The report covers a time span from 2018 to 2029, including historical data from 2018 to 2023, the base year as 2022, and an estimated year of 2023, while forecasting for the period from 2023 to 2029.

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Segmentation

1. Global Edible Insects Market, by Product Type (2023-2029)

• Insect Powder
• Insect Meal
• Insect Bar
• Insect Paste
• Insect Oil
• Others

This category comprises a range of commercially available products produced from edible insects. It is evident that the most popular kind of insect-based health supplement powder ingestion. People consume large amounts of a range of products made from edible insects, such as oil and bars. According to market share, insect meal dominates the market, making almost 25% of all sales.

2. Global Edible Insects Market, by Powder Type (2023-2029)

• Tree Bugs Powder
• Beetles Powder
• Crickets Powder
• Caterpillars Powder
• Grasshoppers Powder
• Others

3. Global Edible Insects Market, by Application (2023-2029)

• Food
• Beverages
• Cosmetics
• Health Supplements
• Animal Feed
• Other

According to study, edible insects are widely eaten as a meal and in the form of other culinary products. The result is that the Food & Beverage Industry now consumes the most edible insects. On a large scale, the poultry business feeds edible insects to birds. More than 30% of the world’s poultry business feeds its animals mostly by eating insects. The Edible Insects Market is growing, offering anything from remedies for muscular pain to cosmetics for nourishing and moisturizing skin.

4. Global Edible Insects Market, by Insect Type (2023-2029)

• Crickets
• Black Soldier Flies
• Mealworms
• Buffalo Worms
• Grasshoppers
• Ants
• Silkworms
• Cicadas
• Other Edible Insects

Key Players

1. Aspire Food Group
2. Enviro Flight
3. Beta Hatch Inc.
4. InnovaFeed
5. AgriProtein Technologies
6. ReeseFiner Foods Inc.
7. Global Bugs Asia CO., Ltd
8. Protix B.V
9. HaoCheng Mealworm Inc.
10.Kreca V.O.F.LLC
11.Deli Bugs Ltd.
12.Tiny Farms
13.Ynsect SAS
14.Hargol Foodtech
15.EntoCube Ltd.
16.Protifarm Holdings Nv
17.Armstrong Cricket Farm Georgia
18.Entomo Farms

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Regional Analysis

The report covers all the emerging trends, population growth, as well as government strategies and regulations related to the market. In the conclusion part, regional insights provide historical and forecasted data for all economies, showcasing their impact on the market. The report offers statistical data on the market growth for each influential economy worldwide in the Edible Insects industry. It takes into account various countries, including North America, Asia-Pacific, Europe, Latin America, and MEA, during its preparation.

Key Questions answered in the Edible Insects Market Report are:

  • What is Edible Insects Market?
  • What is the forecast period of the Edible Insects Market?
  • What is the competitive scenario of the Edible Insects Market?
  • Which region held the largest market share in the Edible Insects Market?
  • What are the opportunities for the Edible Insects Market?
  • What are the restraining factors in the Edible Insects Market?
  • Who are the key players of the Edible Insects Market?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2023-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Edible InsectsMarket
  • Landscape- Leading key players and other prominent key players.

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