Global Edible Insects Market: In-Depth Analysis and Forecasts for 2024-2030
MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Edible Insects Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Edible Insects Market: 2024-2030
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.
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What are the primary factors driving the growth of the Edible Insects Market?
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 Edible Insects market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
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)
Geographical Analysis into the Edible Insects Market:
The Edible Insects market is categorized based regional:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Competitive Landscape and Edible Insects Market Share Analysis:
The competitive landscape of the Edible Insects Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
- 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
- What factors are driving the Edible Insects Market growth?
- How is the Edible Insects Market expected to grow over the next five years?
- What are the key insights into the current trends in the Edible Insects Market?
- What is the current size of the Edible Insects Market, and how is it projected to change in the future?
- What is the future outlook for the Edible Insects Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, 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 14.8 diverse industrial verticals.
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