Global Edible Insects Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Edible Insects Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Edible Insects market size was valued at USD 556.2 million in 2023 and is forecast to a readjusted size of USD 1325.4 million by 2030 with a CAGR of 13.2% during review period.

With increased demand for animal-based food and to feed the large population, insects are being used as a source of food. Owing to the lower ecological footprint required for the production of insects. Consumption of insects also depends on human health issue and culture. Increased demand for edible insects is also resulting in the development of new technologies used to harvest insects in a more efficient way. Along with harvesting of insects, companies are also focusing on storing edible insects to keep them fresh for a long time. However , there are still some major factors hampering the market growth including safety and health issues, and legislative requirements. Companies are also focusing on developing various edible insect ingredients. Edible insects are also being offered along with the information on their nutrient contents.

Compared to the ingredients, edible insects as a whole is likely to be consumed on a large scale. In Asian countries such as Thailand and China, edible insects are sold as a whole to be consumed by people. Moreover, they are also the part of street food in these countries. With the rising preference for edible insects as a whole, companies are also providing packed edible insects as a whole in dried, BBQ, and raw form. Companies are also moving towards providing food-grade certified insects for consumption. Moreover, activities such as insect harvesting requires very less investment and it is considered as the best way to earn for the poorest section of society. However, companies are finding new ways to offer edible insects with maximum nutrition value.

The Global Info Research report includes an overview of the development of the Edible Insects industry chain, the market status of Hypermarkets/Supermarkets (Caterpillar, Orthoptera), Convenience Stores (Caterpillar, Orthoptera), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Edible Insects.

Regionally, the report analyzes the Edible Insects markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Edible Insects market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Edible Insects market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Edible Insects industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Caterpillar, Orthoptera).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Edible Insects market.

Regional Analysis: The report involves examining the Edible Insects market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Edible Insects market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Edible Insects:

Company Analysis: Report covers individual Edible Insects manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Edible Insects This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Hypermarkets/Supermarkets, Convenience Stores).

Technology Analysis: Report covers specific technologies relevant to Edible Insects. It assesses the current state, advancements, and potential future developments in Edible Insects areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Edible Insects market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Edible Insects market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Caterpillar
Orthoptera
Beetles
True Bugs
Others

Market segment by Application
Hypermarkets/Supermarkets
Convenience Stores
Specialty Coffee Shops
Online Retail
Others

Major players covered
Thailand Unique
Kreca Ento-Food
Nordic Insect Economy
Entomo Farms
Enviro Flight
Proti-Farm
EXO
ENTOTECH
Deli Bugs
Eat Grub

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Edible Insects product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Edible Insects, with price, sales, revenue and global market share of Edible Insects from 2019 to 2024.

Chapter 3, the Edible Insects competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Edible Insects breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Edible Insects market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Edible Insects.

Chapter 14 and 15, to describe Edible Insects sales channel, distributors, customers, research findings and conclusion.