Edible Insects Market Size - By Product (Beetles, Caterpillars, Grasshoppers, Bees, Wasps, Ants, Scale Insects & Tree Bugs), Application (Flour, Protein Bars, Snacks), Industry Analysis Report, Growth Prospects, Regional Outlook & Global Forecast, 2023 -

Edible Insects Market Size - By Product (Beetles, Caterpillars, Grasshoppers, Bees, Wasps, Ants, Scale Insects & Tree Bugs), Application (Flour, Protein Bars, Snacks), Industry Analysis Report, Growth Prospects, Regional Outlook & Global Forecast, 2023 - 2032

Global Edible Insects Market will witness over 47% CAGR between 2023 and 2032 propelled by restaurants championing sustainability through insect-based cuisine. Rising environmental consciousness fosters a shift towards insect consumption due to its low ecological footprint.

For instance, in July 2023, In Japan, a restaurant emphasizing food sustainability introduced insects as part of their menu. Taeko Saito, the founder of Tokyo's Take-Noko, aims to integrate insects seamlessly into meals alongside vegetables, fish, and meat. Take-Noko offers diverse insect-infused dishes like cricket meatball curry, seasonings from dried bugs, and cider derived from giant water bug extract. Additionally, Pasco, a renowned bakery brand, crafts cakes, and snacks using cricket flour. Notably, Japanese companies such as Nichirei, a processed food maker, and Nippon Telegraph and Telephone, a telecom giant, have recently invested in insect-related ventures.

Restaurants, embracing this trend, highlight insects' nutritional value and environmental benefits, enticing consumers seeking eco-friendly dining options. As these establishments integrate insect-based dishes into menus, the market responds to the growing interest, reflecting a broader societal shift towards sustainable food choices and a more diverse culinary landscape.

The overall Edible Insects Market share is classified based on the product, application, and region.

Beetles segment will undergo significant development from 2023 to 2032. Their nutritional profile and versatility in culinary applications fuel this surge. With high protein content and unique flavors, beetle-based products attract attention across various cuisines and dietary preferences. Their integration into gourmet dishes, snacks, and even as a protein-rich ingredient in health foods amplifies their market appeal. As consumer interest grows in sustainable and innovative food sources, beetles stand out, driving a significant upsurge in demand within the Edible Insects Market.

Edible insects market size from the snacks segment will register a noteworthy CAGR from 2023 to 2032. Insect-based snacks cater to evolving consumer tastes, offering novel and sustainable alternatives packed with protein and nutrients. Their incorporation into chips, bars, and savory bites taps into the snacking culture, presenting eco-friendly choices without compromising flavor. As health-conscious consumers seek nutritious yet convenient options, insect-based snacks emerge as a popular choice, driving a growing market segment responding to the evolving preferences and sustainability concerns of modern snack enthusiasts.

MEA edible insects industry will showcase a commendable CAGR from 2023 to 2032. Embracing traditional culinary practices, the region integrates insects into its diverse cuisine, capitalizing on their rich nutritional value. With a cultural appreciation for protein-rich foods, insects serve as an ancient yet innovative dietary source. MEA's burgeoning population, coupled with a growing interest in sustainable nutrition, propels the market's expansion. As the region explores alternative protein sources, the Edible Insects Market thrives, aligning with evolving consumer preferences and ecological consciousness. For instance, in October 2023, During a notable occasion hosted at Zimbabwe's Chinhoyi University of Technology, the unveiling of the Edible Insects: Food for the Future cookbook marked a significant stride toward sustainable food security in Africa. This cookbook showcases the untapped potential of edible insects within African cuisine.