Press release
Edible Insects Market in China to hit $85 mn by 2024: Key Players are HaoCheng Mealworms, Thailand Unique, Bugsolutely, Ecobars and Entotech
Edible Insects Market
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Asia Pacific edible insects market size from flour application may surpass USD 85 million by 2024. Crickets and mealworms are primarily used in bakery products owing to its gluten free property which includes biscuits, muffins and desserts, thereby fueling the product demand.
Asia Pacific edible insects market demand from caterpillars is likely to register over 44% by 2024. They are easily garnered and are rich source of vitamins, minerals and proteins. Mopane caterpillar advances in iron deficiency in diet and contains protein which may foster the market demand. These bugs feed on tree leaves and their influence on forest ecosystem are the driving factors accelerating the industry demand.
China edible insects market size may witness significant gains at over 44% by the end of forecast timeframe. Bugs are mainly consumed in this region for eating and medical purposes. Honey bee drones are used as traditional medicine. Beetles have anti-diuretic effect are considered as healthy which in turn drives the overall market.
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https://www.graphicalresearch.com/industry-insights/1044/asia-pacific-edible-insects-market
Asia Pacific edible insects market share is fragmented with key players including HaoCheng Mealworms, Thailand Unique, Bugsolutely, Ecobars, and Entotech. Companies are investing in R&D to expand their product demand.
Thailand bugs market demand may surpass USD 50 million by 2024. It has over 20,000 insect farming business, most of which are limited household operations, and over 200 species are consumed. Insect farming has emerged as a substantial economic activity in the region owing to strong and favorable market demand.
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Segments We Cover:
Edible Insects Market Analysis, By Product
Beetles
Caterpillars
Grasshoppers, locusts & crickets
Bees, wasps & ants
Scale insects & true bugs
Others
Edible Insects Market Growth, By Application
Flours
Bars
Snacks
Others
The above information is provided for the following countries:
China
Thailand
Vietnam
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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Parikhit B.
Corporate sales,
Graphical Research
Email: sales@graphicalresearh.com
Web: https://www.graphicalresearch.com/
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