How Big is the Edible Insects Market?

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. The market's growth is driven primarily by the burgeoning requirements for high-protein & low-fat foods worldwide. Besides, the easy availability, high nutritional value, and low-cost production methods associated with edible insects further drive the global market. The increasing number of insect farming practices due to low costs and the rising instances of livestock diseases are other crucial aspects leading to the mounting adoption of insect-based food products globally. Furthermore, massive R&D investments by the leading players in the industry are coming up with innovative products projecting profitable opportunities for the market over the forthcoming years.

Market Statistics

• Market Growth Rate (CAGR): 25.2% from 2024-2030

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Edible Insects Market Insight:

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.

 Edible Insects Market Segmentation:

The report has segmented the market into the following categories:

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)

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

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Competitive Landscape:

• 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
•  

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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Key Highlights of the Report:

• Market Performance (2024-2030)
• Strategic Recommendations
• Current, Historical and Future Market Trends
• Market Drivers and Leading Competitor
• SWOT Analysis
• Structure of the Market
• Comprehensive Mapping and Recent Advancement

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