openPR Logo
Press release

Edible Insects Market Analysis, Size, Share, Growth, Trends and Forecast to 2025

01-16-2020 07:26 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

Edible Insects Market Analysis, Size, Share, Growth, Trends

Edible Insects Market: Introduction

Edible insects are those insects that are taken into account for the purpose of animal as well as human feed. The demand for edible insects are increasing as they are rich in Calcium, Phosphorous, Protein, Magnesium, Iron and Zinc, which makes them ideal to be used in manufacturing nutritive food items.

Market Dynamics:

The Global Edible Insects Market is anticipated to grow significantly over the forecast period, owing to increase in population especially in developing countries, which has generated the demand for affordable protein-rich food. According to the United Nations Department of Economic and Social Affairs, the world population is expected to reach 8.5 billion by 2030. High cost of animal and plant based protein is aiding the growth of global edible insects market, as they are cost effective.

Request To Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10220957

Furthermore, less complexity associated in the manufacturing of food products made up of edible insects protein, coupled with increased governmental support to edible insect-based food production are escalating the growth of edible insects market.

According to Food and Agriculture Organization of the United Nations, insects are capable of converting food at a faster rate, for instance, crickets require four times less feed than sheep and six times less feed than cattle for the production of similar amount of protein. However, lack of awareness towards the benefits of consumption of edible insects, allergies among some individuals and psychological barriers related to insect consumption can hinder the growth of the global edible insects market.

By Insects Type:

Beetles are anticipated to be the most widely used edible insects over the forecast period, owing to the availability of a number of beetle species such as ground beetles, Rove beetles, water beetles and others, coupled with health benefits associated with consumption of beetles.

Crucial role played by beetles in biodegradation and their ability to convert tree cellulose into digestible fat are fueling the growth of edible beetles based food products. The demand for mopane caterpillars are anticipated to rise over the forecast period owing to the high iron content present in them along with their higher economical value. According to the World Health Organization (WHO), nearly one-third of the world population is affected by iron deficiency anemia, which creates a huge demand for iron-rich diet.

By Application:

On the basis of application, animal feed is expected to hold the largest market share due to their higher adaptation for animal feeding. Escalation in prices of soybean meal and fishmeal is driving the demand for cost-effective and sustainable feed solutions for animals, which is creating great scope for the growth of edible insects market in animal feeding.

Lower capital investment and less water required for the production of edible insect based animal feed will boost the growth of edible insects market over the forecast period. Rising demand for cost-effective protein-rich snacks, especially in poor countries such as Pakistan, Bangladesh, Zambia and others are anticipated to encourage the edible insect food products manufacturers to manufacture snacks made up of insect protein, which will further aid the growth of edible insects market.

Regional Insight:

North America is expected to hold the major revenue share in the global edible insects market over the forecast period, due to rising demand for sustainable feed in the region as well as higher adaptation of edible insects by the population of US and Canada. Rising concern over production and consumption of meat for fulfillment of protein requirement is driving the growth of edible insects market.

Furthermore, presence of prominent players such as EnviroFlight and Aspire Food Group are contributing to the growth of edible insects market in the region. Asia Pacific region is projected to be the fastest growing region for the edible insects market, as the population in Asian countries such as China and India is increasing at a faster pace, which in turn is generating the demand for cost-effective nutritive food to feed the population.

Availability of some insects such as beetles and crickets in abundance and their use in the production of food items such as smoothies and breads are driving the growth for edible insects market in the region.

Competitive Landscape

Key market players operating in Edible insects market include Haocheng Mealworm Inc., Reese Finer Foods Inc., AgriProtein Technologies, EnviroFlight LLC., Kreca V.O.F LLC., Ynsect, Exo Inc., Thailand Unique, Entomo Farms Ltd., Bitty Foods LLC, and Aspire Food Group.

Read More:- https://www.kennethresearch.com/report-details/edible-insects-market/10220957

Prominent market players are focusing on merger & acquisition activities to strengthen their product portfolio and maintain their prominence in the market. For instance, in March 2018, Aspire Food Group, USA based company that specializes in edible insect farming technology acquired Exo Inc., manufacturer of protein bars made up of cricket. This merger aimed at combining Aspire’s farming operations with Exo’s product line to develop new products.

Contact Us:-
Name: David
Email : Sales@kennethresearch.com
Phone: +1 313 462 0609

About Kenneth Research:-
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Edible Insects Market Analysis, Size, Share, Growth, Trends and Forecast to 2025 here

News-ID: 1897509 • Views: 171

More Releases from Kenneth Research

Photomask Market Growth Analysis by Revenue, Size, Share, Scenario on Latest Tre …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Photomask Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which is
Embedded Systems Market 2020 New Innovations Trends, Research, Global Share and …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Embedded Systems Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which
DNS Service Market : Industry Development Scenario and Forecast to 2025
Global DNS Service Market to reach USD 600 million by 2025.Global DNS Service Market valued approximately USD 230 million in 2016 is anticipated to grow with a healthy growth rate of more than 12% over the forecast period 2018-2025. The DNS Service Market is continuously growing across the world over the coming years. The major driving factor of global DNS Service market are increasing awareness to safeguard the websites from
Xenon Lights Market Growth, Size, Share, Demand, Trends and Manufacturers Analys …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Xenon Lights Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which

All 5 Releases


More Releases for Edible

Global Magazine Dry Oil Edible Launches
Global Magazine Dry Oil Edible Launches Magazine features original content on successful cannabis, hemp and CBD businesses. FOR IMMEDIATE RELEASE: (Toronto, Ontario, Canada and Detroit, Michigan, U.S.) Dry Oil Edible, a new international digital magazine, has just been launched. The magazine has a unique focus on the people and businesses in the cannabis, hemp and CBD industries. Original content developed by global contributors and correspondents highlight the successes and challenges that these
Edible Fiber Market Snapshot by 2027
Edible Fiber Market: Overview Fact.MR has come up with a new study on global edible fibers market that analyzes different aspects influencing this landscape. The market for edible fibers is highly competitive with a number of players operating in this landscape. Actionable intelligence on different facets of global edible fibers market is included in the report, with a projection forecast for a period of nine years, from 2018 to 2027. The report
Edible Oil Market in India 2017
ReportsWeb.com has announced the addition of the “Global Edible Oil Market Research Report” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. The Edible Oil Market in India is part of Publisher' Food and Beverage Industry Series reports. Led by growing health awareness the edible oil market in India is expected to witness robust growth. The report begins with an overview of
Edible Oil Market Lucrative Opportunites By 2024
The global edible oil market is anticipated to witness a substantial growth owing to increasing popularity of unrefined, unprocessed, healthy, and organic oil. In the coming years, vegetable oils with low cholesterol, fat, and calories are likely to gain high response due to growing health awareness among people across the world. In addition, major improvement in retail network, increasing crop yields, oil production, and growing economies are some of the
Global Edible Packaging Market Growth
According to a new report Global Edible Packaging Market (2017-2023), published by KBV Research, the global Edible Packaging Market is expected to attain a market size of $1.0 billion by 2023, growing at a CAGR of 4.3% during the forecast period. The Food & Beverages market dominated the Global Edible Packaging Market by End User in 2016, and would continue to be a dominant market till 2023. The Pharmaceutical market is
Global Edible Mushrooms Sales Market Report 2017
Qyresearchreports include new market research report "Global Edible Mushrooms Sales Market Report 2017" to its huge collection of research reports. In order to provide a comprehensive study of the global Edible Mushrooms market, this report takes stock of all the factors that may influence the in the near future, positively or negatively. All the major trends have been analyzed and their eventual effect on the market has been estimated. The report