Press release
Edible Insects Market was valued at USD 9.53 billion in 2029, and it is expected to grow at a CAGR of 19.2% over the forecast period.
Edible Insects Market
The market analysis focuses on various segments, including Product Type, Powder Type, Application, and Region. The data in the report has been gathered from market participants and covers regions such as North America, Asia Pacific, Europe, Middle East & Africa, and South America.
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The report offers a comprehensive analysis of the Edible Insects market, including historical data. It examines the market's drivers, limitations, prospects, and barriers, providing investors with valuable recommendations based on the current competitive scenario.The report also explores different Product Types, including health supplement powder made from edible insects, which is the most consumed product in the Edible Insects Market, accounting for 25% of total sales.
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What are Edible Insects Market Dynamics?
Market dynamics indicate that the increasing population and the limited availability and cost of food supplies have driven the demand for Edible Insects as a sustainable food source. Edible Insects are also widely used as animal feed, particularly in Asia, due to their high nutrient content and affordability. Additionally, the report highlights the rising trends of consuming edible and nature-based food products in western countries, leading to increased consumption of Edible Insects as a food product.
The report identifies various market trends driving the growth of the Edible Insects market, such as increased healthcare awareness among the youth, nutritional benefits, and the willingness to explore new food options. The perception of insect-based food has shifted from hunger food to nutrient-rich food, making Edible Insects more popular, especially among young people engaged in fitness activities.
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What is Edible Insects Market Regional Insight?
Regionally, North America leads the market with the highest market share, driven by increasing consumer awareness of the nutritional benefits of edible insects. Europe is the second-largest contributor to market growth, with the UK, Germany, and Russia showing significant demand. Asia Pacific is the fastest-growing region, primarily due to the use of invertebrates in medical treatments.
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What is Edible Insects Market Segmentation?
by Product Type
• Insect Powder
• Insect Meal
• Insect Bar
• Insect Paste
• Insect Oil
• Others
by Powder Type
• Tree Bugs Powder
• Beetles Powder
• Crickets Powder
• Caterpillars Powder
• Grasshoppers Powder
• Others
by Application
• Food
• Beverages
• Cosmetics
• Health Supplements
• Animal Feed
• Other
by Insect Type
• Crickets
• Black Soldier Flies
• Mealworms
• Buffalo Worms
• Grasshoppers
• Ants
• Silkworms
• Cicadas
• Other Edible Insects
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Who are Edible Insects Market Key Players?
• Aspire Food Group
• Enviro Flight
• Beta Hatch Inc.
• InnovaFeed
• AgriProtein Technologies
• ReeseFiner Foods Inc.
• Global Bugs Asia CO., Ltd
• Protix B.V
• HaoCheng Mealworm Inc.
• Kreca V.O.F.LLC
• Deli Bugs Ltd.
• Tiny Farms
• Ynsect SAS
• Hargol Foodtech
• EntoCube Ltd.
• Protifarm Holdings Nv
• Armstrong Cricket Farm Georgia
• Entomo Farms
Table of content for the Edible Insects Market includes:
1. Global Edible Insects Market: Research Methodology
2. Global Edible Insects Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Edible Insects Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Edible Insects Market Segmentation
• Global Market, by Product Type(2021-2029)
• Global Market, by Powder Type(2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by Insect Type(2021-2029)
5. Regional Edible Insects Market(2021-2029)
• Regional Market, by Product Type(2021-2029)
• Regional Market, by Powder Type(2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Insect Type(2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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