Edible Insects Market Poised for Substantial Growth: Projected CAGR of 19.2% by 2030

𝐄𝐝𝐢𝐛𝐥𝐞 𝐈𝐧𝐬𝐞𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐓𝐫𝐞𝐧𝐝 𝐢𝐧 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐍𝐮𝐭𝐫𝐢𝐭𝐢𝐨𝐧.

𝐄𝐝𝐢𝐛𝐥𝐞 𝐈𝐧𝐬𝐞𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 (𝐂𝐀𝐆𝐑):

The Edible Insects Market, valued at US$ 3.30 billion in 2023, is on a remarkable growth trajectory. The market is expected to expand at a compound annual growth rate (CAGR) of 19.2% during the forecast period, reaching a market size of US$ 11.28 billion by 2030. This impressive growth highlights the increasing acceptance and demand for edible insects as a sustainable and nutritious food source.

𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐂𝐨𝐦𝐩𝐥𝐢𝐦𝐞𝐧𝐭𝐚𝐫𝐲 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/99518/

𝐄𝐝𝐢𝐛𝐥𝐞 𝐈𝐧𝐬𝐞𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬 𝐚𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐕𝐚𝐫𝐢𝐚𝐭𝐢𝐨𝐧𝐬: 𝐖𝐡𝐚𝐭 𝐒𝐡𝐨𝐮𝐥𝐝 𝐖𝐞 𝐄𝐱𝐩𝐞𝐜𝐭?

1. 𝐍𝐮𝐭𝐫𝐢𝐞𝐧𝐭 𝐂𝐨𝐧𝐭𝐞𝐧𝐭 𝐚𝐧𝐝 𝐀𝐟𝐟𝐨𝐫𝐝𝐚𝐛𝐢𝐥𝐢𝐭𝐲: Edible insects are rich in protein, vitamins, and minerals, making them an excellent dietary option. Their affordability makes them accessible to low and moderate-income populations, especially in densely populated regions of Asia.
2. 𝐀𝐧𝐢𝐦𝐚𝐥 𝐅𝐞𝐞𝐝: Edible insects are widely used as feed for poultry and other livestock, enhancing the animals' growth and muscle mass. This application is supported by studies in Animal and Feed Sciences that highlight the nutritional benefits of insect-based feed.
3. 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐖𝐞𝐬𝐭𝐞𝐫𝐧 𝐂𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬: There is a growing trend in Western countries towards consuming natural and sustainable food products. Edible insects, as a result, are becoming more popular due to their nutritional benefits and lower environmental impact compared to traditional meat sources.

𝐄𝐝𝐢𝐛𝐥𝐞 𝐈𝐧𝐬𝐞𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The Edible Insects Market encompasses various segments, including Product Type, Powder Type, Application, and Region. This comprehensive market report provides a detailed analysis of the rapid advancements occurring across all industry sectors, supported by facts, figures, and data from market participants. The report covers the historical period from 2018 to 2022 and explores the market's drivers, limitations, prospects, and barriers.

𝐄𝐝𝐢𝐛𝐥𝐞 𝐈𝐧𝐬𝐞𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲:

The report adopts a robust methodology to present a comprehensive analysis of the Edible Insects Market. It includes data collection from primary and secondary sources, detailed market segmentation, and an in-depth examination of key players. The report also features investor recommendations based on a thorough analysis of the competitive landscape.

𝐄𝐝𝐢𝐛𝐥𝐞 𝐈𝐧𝐬𝐞𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬: 𝐖𝐡𝐨'𝐬 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐢𝐧𝐠 𝐭𝐡𝐞 𝐇𝐢𝐠𝐡𝐞𝐬𝐭 𝐆𝐫𝐨𝐰𝐭𝐡?

North America held the highest market share in 2023, accounting for more than 38%. The United States, in particular, had a share of over 64% within this region. Factors contributing to this growth include the high cost of animal protein, environmental sustainability, the high nutritional value of insects, and a low risk of zoonotic disease transmission. Additionally, low farming costs, increasing population growth, and protein-rich food shortages are significant growth drivers.

Europe was the second-largest contributor to market growth in 2022, with a market share of 26%. The high consumption of edible insects in the UK and rising demand in countries like Germany and Russia are key factors fueling market growth in this region.

The Asia Pacific region is the fastest-growing market, with a projected CAGR of 16.1% during the forecast period. The use of invertebrates to treat medical conditions and their ease of digestion are important factors contributing to market growth in this region.

𝐂𝐥𝐚𝐢𝐦 𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐆𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐇𝐞𝐫𝐞: https://www.maximizemarketresearch.com/request-sample/99518/

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

The market is divided into segments based on the type of powder, including those for tree bugs, beetles, crickets, caterpillars, grasshoppers, and others. In 2023, the Grasshoppers Powder segment accounted for 27% of the market, the biggest share. Powdered grasshopper contains protein, minerals, fiber, fatty acids, and vitamins. Grasshopper powder is a staple in gourmet goods like macarons, energy bars, chips, and chocolate. Global industry demand is predicted to rise due to rising consumer demand for premium protein products and the expanding use of high-purity grasshopper powders in the food and beverage sector.

𝐄𝐝𝐢𝐛𝐥𝐞 𝐈𝐧𝐬𝐞𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

1. Aspire Food Group
2. Enviro Flight
3. Beta Hatch Inc.
4. InnovaFeed
5. AgriProtein Technologies
6. ReeseFiner Foods Inc.
7. Global Bugs Asia CO., Ltd
8. Protix B.V
9. HaoCheng Mealworm Inc.
10.Kreca V.O.F.LLC
11.Deli Bugs Ltd.
12.Tiny Farms
13.Ynsect SAS
14.Hargol Foodtech
15.EntoCube Ltd.
16.Protifarm Holdings Nv
17.Armstrong Cricket Farm Georgia
18.Entomo Farms

𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧:

The Edible Insects Market is poised for significant growth, driven by increasing consumer awareness of the nutritional benefits and environmental sustainability of edible insects. With a CAGR of 19.2%, the market offers substantial opportunities for investment and innovation. As more regions adopt insect-based products, the market is expected to expand further, supported by key players and technological advancements in insect farming and processing.

𝐃𝐢𝐯𝐞 𝐃𝐞𝐞𝐩 𝐢𝐧𝐭𝐨 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.maximizemarketresearch.com/market-report/global-edible-insects-market/99518/

𝐈𝐧𝐝𝐞𝐱 (𝐓𝐎𝐂): 𝐄𝐝𝐢𝐛𝐥𝐞 𝐈𝐧𝐬𝐞𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

♠ 𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞 𝐒𝐮𝐦𝐦𝐚𝐫𝐲: A concise overview of the market's size, growth potential, and key trends.
♠ 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞: A clear definition of the market's boundaries and the products or services it encompasses.
♠ 𝐌𝐚𝐫𝐤𝐞𝐭 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: A detailed analysis of the market's current state, including major players, competitive landscape, and market dynamics.
♠ 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐢𝐧𝐠: A breakdown of the market's size by revenue, volume, or other relevant metrics, with historical data and future projections.
♠ 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: A categorization of the market based on various factors like customer type, product category, and geographical location.
♠ 𝐅𝐢𝐯𝐞 𝐅𝐨𝐫𝐜𝐞𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: An evaluation of the competitive landscape using Porter's Five Forces framework, identifying bargaining power of buyers and suppliers, threats of new entrants and substitutes, and competitive rivalry.
♠ 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: An in-depth exploration of the market's customer base, their needs, buying behavior, and decision-making processes.
♠ 𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: An analysis of the market's geographic distribution, highlighting key regions and growth opportunities.
• Decision Framework: A practical guide to help you make strategic decisions based on the market insights presented.
♠ 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬: An examination of the key factors that propel the market forward and the potential obstacles that might hinder its growth.
♠ 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬: An exploration of the current and emerging trends that will shape the future of the market.
♠ 𝐕𝐞𝐧𝐝𝐨𝐫 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: An overview of the major vendors operating in the market, including their product portfolios and market share.
♠ 𝐕𝐞𝐧𝐝𝐨𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: A detailed assessment of the strengths, weaknesses, opportunities, and threats (SWOT analysis) of key vendors.

This comprehensive guide empowers you to gain a strategic advantage in the Edible Insects market. Utilize the insights within to navigate the competitive landscape, identify growth opportunities, and make informed business decisions.

𝐊𝐞𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐄𝐝𝐢𝐛𝐥𝐞 𝐈𝐧𝐬𝐞𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

• What is Edible Insects?
• What was the Edible Insects market size in 2023?
• What is the growth rate of the Edible Insects Market?
• Who are the leading companies and what are their portfolios in Edible Insects Market?
• Which is the fastest growing region in the ##market?
• What are the different segments of the Edible Insects Market?
• What segments are covered in the Edible Insects Market?
• Who are the key players in the Edible Insects market?
• Which are the factors expected to drive the Edible Insects market growth?
• What is the CAGR at which the ## market will grow during the forecast period?
• What are the upcoming opportunities and trends for the Edible Insects Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Edible Insects Market?
• What growth strategies are the players considering to increase their presence in Edible Insects?

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2024-2030
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o 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

𝐂𝐡𝐞𝐜𝐤 𝐎𝐮𝐭 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

1. Hypoparathyroidism Treatment Market https://www.maximizemarketresearch.com/market-report/global-hypoparathyroidism-treatment-market/25462/

2. Diesel Engine Catalyst Market https://www.maximizemarketresearch.com/market-report/global-diesel-engine-catalyst-market/65024/

3. DC to DC Converters in Solar Energy Market https://www.maximizemarketresearch.com/market-report/dc-to-dc-converters-in-solar-energy-market/70943/

4. Asia Pacific Optical Sensor Market https://www.maximizemarketresearch.com/market-report/asia-pacific-optical-sensor-market/3863/

5. Arc Welding Equipment Market https://www.maximizemarketresearch.com/market-report/global-arc-welding-equipment-market-2/70097/

6. Flip Chip Market https://www.maximizemarketresearch.com/market-report/global-flip-chip-market/29823/

7. Smart Manufacturing Platform Market https://www.maximizemarketresearch.com/market-report/global-smart-manufacturing-platform-market/113728/

8. Food Sterilization Equipment Market https://www.maximizemarketresearch.com/market-report/global-food-sterilization-equipment-market/113112/

9. Business Process Automation (BPA) Market https://www.maximizemarketresearch.com/market-report/business-process-automation-bpa-market/152289/

10. Honeycomb Packaging Market https://www.maximizemarketresearch.com/market-report/global-honeycomb-packaging-market/32114/

𝐎𝐮𝐫 𝐀𝐝𝐝𝐫𝐞𝐬𝐬:

MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
🌐 www.maximizemarketresearch.com

𝐑𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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.

This release was published on openPR.