Global Edible Insect Market was valued at USD 191.87 Million in 2021 and is expected to reach USD 789.72 Million by the year 2028, at a CAGR of 22.4%.
Edible insects are insect species that are consumed by humans. Edible insects provide high-quality vitamins, protein, and amino acids that humans require. These insects have a greater food conversion rate and a lower production cost. Furthermore, they produce fewer greenhouse gases and ammonia than conventional farm animals.
Key Prominent Players In The Edible Insect Market:
HaoCheng Mealworms,Agriprotien Technologies,Chapul,Thailand Unique,Six Foods,Crowbar Protein,Bugsolutely,Crik Nutrition,Gathr Foods,Hexafly,Innova Feed,HiProMine,Protix,Entomo Farms,Envirofloght,Ynsect and other major players.
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The component and request breakdowns, along with an inside-out objective analysis that gives a comprehensive view of the global Edible Insect market, are all included in this study. The study also includes details on the end-user businesses, a brief evaluation of their product offerings, details about their distributors and suppliers, and an estimate of product demand. Strong points are emphasised, weaknesses are discovered, opportunities are found, and threats are identified as a result of the SWOT analysis, allowing for an effective and dependable compilation of the full report.
Market segmentation
The Edible Insect market is segmented by type and application. Growth between segments over the period 2023-2030 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
Edible Insect Market Segment by Types, Estimates, and Forecast by 2030
- Rhinoceros Beetles
- Ants
- Grasshopper
- Silkworms
- Crickets
- Others
Edible Insect Market Segment by Applications, Estimates, and Forecast by 2030
- Human Consumption
- Animal Feed
- Cosmetics
- Pharmaceuticals
- Others
Regional Analysis for COVID-19 Outbreak-Global Edible Insect Market:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Edible Insect Report provides insights into the following queries:
1.Market growth rate and growth momentum of Edible Insect market for the period 2023-2030
2. The estimated size of the Edible Insect market for the period 2023-2030
4. Sales (volume), revenue, and value analysis by regions of Edible Insect market
5. The associated market risk, opportunity, and market overview of the Edible Insect market
6. Major distributors, dealers, end-users, and traders of the Edible Insect market?
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This study conducts a SWOT analysis to evaluate the strengths and weaknesses of key players in the Edible Insect market. Additionally, the report performs a complex inspection of drivers and restraints operating in the market. The report also evaluates the observed trends in the parent market along with macroeconomic indicators, dominant factors and market attractiveness in relation to other segments. The report forecasts the impact of various industry aspects on the Edible Insect market segments and regions.
What insights does the Edible Insect Market report provide to the readers?
- Edible Insect fragmentation on the basis of product type, end-use, and region
- Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape
- Various regulations imposed by the governments on the consumption of Edible Insect in detail
- Impact of modern technologies, such as big data and analytics, artificial intelligence, and social media platforms on the global Edible Insect Market
For a deeper understanding of the market, the study also analyses revenue and sales by region, production costs, the industrial chain, market effect factors, Edible Insect industry data & graphs, bar & pie charts, tables, and much more. Segmentation analysis is crucial for creating a growth map. As a result, providers can quickly develop plans and maintain supply-demand equilibrium in the global market for Edible Insect.
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