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
A recent MMR report provides a comprehensive analysis of the Edible Insects Market. This strategic examination encompasses various critical facets, such as leading industry participants, Market dimensions, Market share, significant driving factors, obstacles, prospects, the competitive environment, assessments of Market attractiveness, introductions of novel products, technological advancements, and factors influencing growth.
Edible Insects Market Report Scope and Research Methodology
The Edible Insects Market report presents an extensive analysis of the worldwide Edible Insects industry. It categorizes the Market based on offerings, deployment mode, application, end-user industry, and geographical region, delivering valuable insights for stakeholders. Furthermore, this analysis includes a thorough evaluation of historical Market dynamics from 2018 to 2022. This historical perspective allows readers to draw comparisons between past trends and current Market conditions, facilitating a deeper understanding of the influence of key players in the industry.
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Edible Insects Market Regional Insights
North American region emerged as the leader, closely followed by Europe and the Asia Pacific. The Asia Pacific region, fueled by rapid technological advancements, is expected to experience substantial growth throughout the forecast period.
Edible Insects Market Segmentation:
1.Edible Insects Market Size and Forecast, by Product Type (2023-2029)
1. Insect Powder
2. Insect Meal
3. Insect Bar
4. Insect Paste
5. Insect Oil
6. Others
This category comprises a range of commercially accessible products manufactured from edible insects. The most common is demonstrated to be the use of powdered health supplements derived from edible insects. People eat large amounts of oil and bars, among other products manufactured from edible insects. With 25% of all sales, insect meal is the most popular product in the market by size.
2.Edible Insects Market Size and Forecast, by Powder Type (2023-2029)
1. Tree Bugs Powder
2. Beetles Powder
3. Crickets Powder
4. Caterpillars Powder
5. Grasshoppers Powder
6. Others
3.Edible Insects Market Size and Forecast, by Application (2023-2029)
1. Food
2. Beverages
3. Cosmetics
4. Health Supplements
5. Animal Feed
6. Other
4.Edible Insects Market Size and Forecast, by Insect Type (2023-2029)
1. Crickets
2. Black Soldier Flies
3. Mealworms
4. Buffalo Worms
5. Grasshoppers
6. Ants
7. Silkworms
8. Cicadas
9. Other Edible Insects
Edible Insects Market 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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Key questions answered in Edible Insects Market are:
- What is the demand pattern for the Edible Insects Market?
- What is the expected Edible Insects Market size by the end of the forecast period?
- What are the global trends in the Edible Insects Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Edible Insects Market?
- How is the intervention from regulatory authority is shaping the Edible Insects Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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