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The edible insects market is forecasted to grow by USD 11.42 billion during 2023-2028, accelerating at a CAGR of 46.02% during the forecast period. The report on the edible insects market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing food shortage across the globe, high nutritional value derived from insects, and low cost of insect rearing.
The edible insects market is segmented as below:
By Application
- Human consumption
- Animal nutrition
- Cosmetics and pharmaceuticals
By Product Type
- Whole insects
- Insect powder
- Insect meal
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the edible insects market covers the following areas:
- Edible insects market sizing
- Edible insects market forecast
- Edible insects market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global edible insects market: All Things Bugs LLC, Armstrong Crickets Georgia, Aspire Food Group, Beta Hatch, Bioflytech, Darling Ingredients Inc., Eat Grub, Edible Bug Shop, Entomo Farms, Global Bugs Asia Co. Ltd., Hargol FoodTech, HEXAFLY, Innovafeed SAS, JR Unique Foods Ltd., MealFood Europe SL, nextProtein SA, Nutrition Technologies, Protenga Pte. Ltd., Protix BV, and Ynsect SAS.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is use of edible insects in processed foods."
According to the report, one of the major drivers for this market is the growing food shortage across the globe.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- All Things Bugs LLC
- Armstrong Crickets Georgia
- Aspire Food Group
- Beta Hatch
- Bioflytech
- Darling Ingredients Inc.
- Eat Grub
- Edible Bug Shop
- Entomo Farms
- Global Bugs Asia Co. Ltd.
- Hargol FoodTech
- HEXAFLY
- Innovafeed SAS
- JR Unique Foods Ltd.
- MealFood Europe SL
- nextProtein SA
- Nutrition Technologies
- Protenga Pte. Ltd.
- Protix BV
- Ynsect SAS