APAC Edible Insects Market - Industry Trends and Forecast to 2030
Asia-Pacific Edible Insects Market, By Insect Type (Crickets, Mealworms, Black Soldier Flies, Buffalo worms, Grasshoppers, Ants, Silkworms, Cicadas, and Others), Insect Category (Regular Insects, Premium Diet-Fed Insects), By Application (Human Consumption Products, Animal Nutrition, Insect Oil, Pharmaceuticals, Cosmetics, Personal Care, Others), By Distribution Channel (Direct, Indirect) Country (China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, New Zealand and Rest of Asia-Pacific) Industry Trends and Forecast to 2030
Market Definition
Edible insects constitute high-quality food for humans, livestock, poultry, and fish. As insects are cold-blooded, they have a high food conversion rate. Some insects are a source of complete protein and provide similar essential proteins to the vegetarian diet.
The usage of edible insects for animal feed is being considered for rapid and quick nutritional deficiency among animals. This potential utilization also helps in the mass distribution and scalability of animal feed in a short span of time. The edible insects' animal feed is also sustainable as they play a major role in making the food chain circular.
Market Segmentation
The Asia-Pacific edible insects market is categorized into four notable segments such as insect type, insect category, application, and distribution channel.
• On the basis of Insect type, the edible insects market is segmented into crickets, mealworms, black soldier flies, buffalo worms, grasshoppers, ants, silkworms, cicadas, and others
• On the basis of the insect category, the edible insects market is segmented into regular insects and premium diet-fed insects
• On the basis of application, the edible insects market is segmented into human consumption products, animal nutrition, insect oil, pharmaceuticals, cosmetics, personal care, and others
• On the basis of distribution channel, the edible insects market is segmented into direct and indirect
Market Players
Some of the major players operating in the Asia-Pacific edible insects market are:
• Xiamen Water Life Imp. & Exp. Co., Ltd.
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