Edible Insects Market size is expected to reach US$ 39.32 Bn by 2029, at a CAGR of 6.28% during the forecast period.

Edible Insects Market Overview

The Edible Insects Market overview gives a thorough analysis of the market size, trade statistics, leading market players, and various market metrics such as life cycle, trends, opportunities, etc. Report helps you understand the context of the Edible Insects Market economy as a whole.

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Edible Insects Market Scope

The report focuses on the major key drivers and restraints for key companies, as well as the current competitive benchmarking and development prospects. The report provides current Edible Insects Market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this Edible Insects Market research report. For the competitive analysis, the report includes the profile of the key market players in the Edible Insects Market including company overview, financial performance, product portfolio, and strategies. SWOT and PESTLE analysis were used for the research that combines quantitative and qualitative research methods.

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Segmentation

The Edible Insects Market is divided into Tree Bugs Powder, Beetles Powder, Crickets Powder, Caterpillars Powder, Grasshoppers Powder, and Others based on the kind of powder. In 2021, the Grasshoppers Powder sector had the most market share (27%). The ingredients of grasshopper powders include vitamins, minerals, fatty acids, fibre, protein, and fibre. High-quality meals like chips, energy bars, chocolates, and macarons frequently contain grasshopper powder. Global industry demand is anticipated to rise as a result of rising consumer demand for high-quality protein products and increased usage of high-purity grasshopper powders in the food and beverage sector.

Having the biggest share of more than 38% in North America. The United States dominated North America in 2021 with a share of more than 64%. Demand for products is predicted to rise for the foreseeable future as public knowledge of the nutritional advantages of invertebrates rises. Some of the key drivers anticipated to propel the edible insects market are the high cost of animal protein, environmental sustainability in conjunction with edible insect production and consumption, high nutritional content of insects, and minimal danger of zoonotic disease transmission. Additionally, cheap agricultural expenses, rising population, and a lack of foods high in protein are the main drivers of category growth throughout the predicted period.

 

 

Key Players


• Aspire Food Group
• Enviro Flight
• Beta Hatch Inc.
• InnovaFeed
• AgriProtein Technologies
• ReeseFiner Foods Inc.
• Global Bugs Asia CO., Ltd
• Protix B.V
• HaoCheng Mealworm Inc.
• Kreca V.O.F.LLC
• Deli Bugs Ltd.
• Tiny Farms
• Ynsect SAS
• Hargol Foodtech
• EntoCube Ltd.
• Protifarm Holdings Nv
• Armstrong Cricket Farm Georgia
• Entomo Farms

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Regional Analysis

Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America are the five regions that make up the Edible Insects Market . The regional analysis provided in our report helps you understand the Edible Insects Market in different regions. Every region has different factors such as political, geographic, economic, etc. which are affecting the Edible Insects Market . Local and regional development plans are often affected by the performance of Edible Insects Market . The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.

Key Questions answered in the Edible Insects Market Report are:

  • What is Edible Insects Market ?
  • What is the forecast period of Edible Insects Market ?
  • Which product segment grabbed the largest share in the Edible Insects Market ?
  • What are the factors affecting the Edible Insects Market growth?
  • What is the competitive scenario of the Edible Insects Market ?
  • Who are the key manufacturers in 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 ?

Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029

Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends

Market Segmentation: A detailed analysis by Component, Deployment Mode, and Architecture Type

Landscape- Leading key players and other prominent key players.

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