Global Edible Insects Market Insights Report Overview

Dive into the latest insights on the Global Edible Insects Market with our comprehensive report, accurately curated by the experts at MarkNtel Advisors. Our report offers a thorough examination of the global landscape, providing valuable data, impartial analysis, and strategic insights to drive informed decision-making.

Report’s Study Period:

• Historical Period: 2019-22
• Base Year: 2023
• Forecasting Period: 2024-30

We accurately gather data from primary and secondary sources, capturing the industry’s historical fluctuations and trends, including market dynamics, consumer behavior, manufacturing insights, and more. Leveraging this data alongside the base year information, we project the industry’s trajectory into the future.

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Industry Driving Factor:

Increasing Popularity of Biotechnology & Genetic Engineering – Genetic engineering and biotechnology are becoming major trends in the Edible Insects Industry. These technologies present chances to improve several facets of product creation and insect production. The optimization of insect-rearing procedures, including breeding programs targeted at enhancing desired features including growth rate, nutritional content, and disease resistance, is made possible by biotechnology.

Furthermore, the modification of insect genomes to accomplish particular objectives, like raising protein content or changing allergenic qualities, is possible because of genetic engineering tools. Furthermore, biotechnology makes it easier to create unique food products made from insects that have better nutritional profiles and sensory qualities. Biotechnology and genetic engineering are anticipated to become more important in stimulating innovation and expansion in the Global Edible Insects Market as the need for sustainable protein sources rises.

Segmentation Summary: Global Edible Insects Market

Our report delves into the intricate segmentation of the Edible Insects Market, providing insights into each subdivision’s trajectory, trends, and advancements. This analysis empowers stakeholders to navigate the industry landscape with precision, understanding the nuances of each segment.

-By Product Type

• Whole Insects
• Insect Powder
• Protein Bars

Here, insect powder & protein bars altogether accounted for the largest market share in the past few years, owing prominently to their hassle-free transportation, storage, handling, & application. Insects in powdered form are convenient to consume, easily available worldwide, and can be stored at room temperature. In many countries, people usually consume insect powder by mixing it with various other food items for enhanced taste.

Moreover, the increasing number of health clubs & gyms serving insect powder, the increasing consumer inclination toward fitness & wellness, and the growing requirements of people for highly nutritious & convenient foods owing to busy lifestyles are other crucial aspects expected to accelerate demand for insect powder globally in the coming years.

On the other hand, gluten-free ‘Protein Bars,’ mainly preferred by athletes & sports enthusiasts, are expecting a notable growth rate in the global market over the coming years. It is due to the burgeoning awareness among people regarding healthy lifestyles and the growing inclination of many toward ready-to-eat food products owing to changing living standards.

-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)
• Buffalo’s- Market Size & Forecast 2019-2030, (USD Million)
• Grasshoppers- Market Size & Forecast 2019-2030, (USD Million)
• Ants- 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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Leading Competitive: Global Edible Insects Market

• 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
• Haocheng Mealworm Inc.
• Hargol FoodTech
• Ÿnsect SAS
• Others

Geographical Reach:

The Edible Insects Industry spans across various regions, each characterized by unique cultural, regulatory, and economic factors. Our regional analysis provides a comprehensive overview and forecast, considering these differences and assessing market players’ presence, consumer preferences, and more.

-By Region

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

For inquiries or further discussions, connect with our analyst today to unlock the full potential of the Edible Insects Industry.

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Key Focus Areas:

• What are the primary drivers and trends influencing the Edible Insects Industry’s growth, and how is the market structured?
• How are segments within the Edible Insects Industry defined, and what is the size of each segment?
• Which segments and geographical regions present the most promising growth opportunities?
• What does the competitive landscape look like, and how do key players position themselves within the market?

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