Edible Insects Market Growth, Share, Trends Analysis, Business Opportunities and Forecast 2030: Markntel Advisors

Market Insights

As per recent research by MarkNtel Advisors, 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.

Global Edible Insects Market Driver:

Rising Awareness about Various Health Benefits of Edible Insects – One of the main factors propelling the Global Edible Insects Market is growing consumer awareness of the numerous health advantages of edible insects. Insects are becoming more popular as alternative protein sources because people are becoming more aware of traditional livestock husbandry's negative effects on the environment and sustainability. In addition, edible insects are a nutrient-dense food choice since they are high in protein, good fats, vitamins, and minerals.

Moreover, compared to traditional livestock, insects require less land, water, and feed, which adds to their allure as a sustainable food source. The demand for insect-based goods is rising globally as people become more aware of the possible health advantages of including edible insects in their diets and are becoming more concerned about environmental sustainability food security.

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Market Segmentation and Consumer Behavior:

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)

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Edible Insects Market Geographical Analysis:

By Region:

North America
South America
Europe
Middle East Africa
Asia Pacific

Key Players and Competitive Strategies in the Edible Insects Market

Several prominent players dominate the Edible Insects Market, including:

AgriProtein Technologies
Aspire Food Group
All Things Bugs
Beta Hatch
Bioflytech
DeliBugs Ltd.
Eat Grub Ltd.
Thailand Unique
Nordic Insect Economy Ltd.
Kreca Ento-Food BV
Entomo Farms Ltd.
Protifarm NV
EnviroFlight LLC
EntoCube, Ltd.
Entomo Farms
Ÿnsect SAS

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Questions Addressed in this Study

1.What factors are driving the Edible Insects Market growth?

2.How is the Edible Insects Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Edible Insects Market?

4.What is the current size of the Edible Insects Market, and how is it projected to change in the future?

5.What is the future outlook for the Edible Insects Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.

Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals.