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Global Edible Insects Market Size, Trends and Growth Opportunity, By Insect Type (Crickets, Mealworms, Black Soldier Flies, Buffalo's, Grasshoppers, Ants, Silkworms, Cicadas, and Others), Insect Category (Regular Insects, and Premium Diet-Fed Insects), Application (Human Consumption Products, Animal Nutrition, Insect Oil, Pharmaceuticals, Cosmetics, Personal Care, and Others), Distribution Channel (Direct, Indirect), By Region and Forecast Till 2030.


Report ID : IR1002424 | Industries : Chemicals & Materials | Published On :June 2024 | Page Count : 241

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  • Global Edible Insects Market Size, Trends and Growth Opportunity, By Insect Type (Crickets, Mealworms, Black Soldier Flies, Buffalo's, Grasshoppers, Ants, Silkworms, Cicadas, and Others), Insect Category (Regular Insects, and Premium Diet-Fed Insects), Application (Human Consumption Products, Animal Nutrition, Insect Oil, Pharmaceuticals, Cosmetics, Personal Care, and Others), Distribution Channel (Direct, Indirect), By Region and Forecast Till 2030.
    Global Edible Insects Market 
    The Edible Insects Market was valued at US$ 7260 million in 2022 and it is expected to reach at US$ 1,75,391 million in 2030 at a CAGR of 57% during forecast period 2023-2030.
    High-quality food for humans, animals, fowl, and fish includes edible insects. Insects have a high rate of food conversion because they have a cold blood system. Some insects are a good source of complete protein and give vegetarians access to similar important nutrients. For an immediate and severe nutritional shortage in animals, the use of edible insects as animal feed is being studied. Additionally, this possible use aids in the rapid scalability and widespread distribution of animal feed. Due to their significant contribution to the circularity of the food chain, the animal feed made from eatable insects is also sustainable.
    Market Drivers
    A healthier alternative to traditional animal protein sources, edible insects are a rich source of protein, vitamins, and minerals and are also low in fat and cholesterol. Alternative protein sources are becoming more and more in demand as the world's population expands and food consumption rises. Edible insects offer a more inexpensive alternative to traditional meat as a result of rising demand and production expenses. The food sector is always looking for fresh ideas and cutting-edge goods, and edible insects provide a distinctive and exotic component that can be employed in a range of culinary products.
     Market Restraints
    The market for edible insects is significantly impacted by food safety risks. To ensure the security and safety of people and the environment, the government must approve any project in accordance with these strict norms and regulations. Edible insect-related biological, chemical, or physical risks to food safety include bacteria, viruses, fungus, mycotoxins, insecticides, parasites, and antimicrobials.
    Market Segmentation
    The edible insects market is divided into segments based on the insect type, insect category, application, and distribution channel. By insect type it is segmented into crickets, mealworms, black soldier flies, buffalo's, grasshoppers, ants, silkworms, cicadas, and others. By insect category it is segmented into regular insects, and premium diet-fed insects. By application it is segmented into human consumption products, animal nutrition, insect oil, pharmaceuticals, cosmetics, personal care, and others. By distribution channel it is segmented into direct, indirect.
    Regional Analysis
    The edible insects market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The market for edible insects is predicted to be dominated by Asia-Pacific due to the growing use of technology in emerging nations.
    Key Players
    Various key players are listed in this report such as Ynsect, Aspire Food Group, Xiamen Water Life Imp. & Exp. Co. Ltd, BETA HATCH, Fluker's Cricket Farm, Entomo Farms, Invertapro AS, Enviroflight, Insecteo, Kreca Ento-Feed BV.
    Market Taxonomy
    By Insect Type
    • Crickets
    • Mealworms
    • Black Soldier Flies
    • Buffalo's
    • Grasshoppers
    • Ants
    • Silkworms
    • Cicadas
    • Others
    By 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
    By Region 
    North America
    • U.S
    • Canada
    • Mexico

    Europe
    • Germany 
    • France
    • UK
    • Rest of Europe

    Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific

    Latin America
    • Brazil
    • Rest of Latin America

    Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
     

    Global Edible Insects Market 
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Edible Insects Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact Due To Recent Energy Crisis
    4.2.5 Cumulative Impact Due To Nearing Economic Downturn
    4.2.6 Post Covid-19 World Supply and Demand Conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Edible Insects Market, By Insect Type
    5.1 Y-o-Y Growth Comparison, By Insect Type
    5.2 Global Edible Insects Market Share Analysis, By Insect Type
    5.3 Global Edible Insects Market Size and Forecast, By Insect Type
    5.3.1 Crickets
    5.3.2 Mealworms
    5.3.3 Black Soldier Flies
    5.3.4 Buffalo's
    5.3.5 Grasshoppers
    5.3.6 Ants
    5.3.7 Silkworms
    5.3.8 Cicadas
    5.3.9 Others
    6 Global Edible Insects Market, By Insect Category
    6.1 Y-o-Y Growth Comparison, By Insect Category
    6.2 Global Edible Insects Market Share Analysis, By Insect Category
    6.3 Global Edible Insects Market Size and Forecast, By Insect Category
    6.3.1 Regular Insects
    6.3.2 Premium Diet-Fed Insects
    7 Global Edible Insects Market, By Application
    7.1 Y-o-Y Growth Comparison, By Application
    7.2 Global Edible Insects Market Share Analysis, By Application
    7.3 Global Edible Insects Market Share Analysis, By Application
    7.3.1 Human Consumption Products
    7.3.2 Animal Nutrition
    7.3.3 Insect Oil
    7.3.4 Pharmaceuticals
    7.3.5 Cosmetics
    7.3.6 Personal Care
    7.3.7 Others
    8 Global Edible Insects Market, By Distribution Channel
    8.1 Y-o-Y Growth Comparison, By Distribution Channel
    8.2 Global Edible Insects Market Share Analysis, By Distribution Channel
    8.3 Global Edible Insects Market Size and Forecast, By Distribution Channel
    8.3.1 Direct
    8.3.2 Indirect
    9 Global Edible Insects Market, By Region
    9.1 Global Edible Insects Market Share Analysis, By Region
    9.2 Global Edible Insects Market Size and Forecast, By Region
    10 North America Edible Insects Analysis and Forecast (2023-2030)
    10.1 Introduction
    10.2 North America Edible Insects Market Share Analysis, By Insect Type
    10.3 North America Edible Insects Market Size and Forecast, By Insect Category
    10.4 North America Edible Insects Market Size and Forecast, By Application
    10.5 North America Edible Insects Market Size and Forecast, By Distribution Channel
    10.5 North America Edible Insects Market Size and Forecast, By Country
    10.5.1 U.S
    10.5.1 Canada
    10.5.3 Mexico
    11 Europe Edible Insects Market Analysis and Forecast (2023-2030)
     11.1 Introduction
    11.2 Europe Edible Insects Market Share Analysis, By Insect Type
    11.3 Europe Edible Insects Market Size and Forecast, By Insect Category
    11.4 Europe Edible Insects Market Size and Forecast, By Application
    11.5 Europe Edible Insects Market Size and Forecast, By Distribution Channel
    11.6 Europe Edible Insects Market Size and Forecast, By Country
    11.6.1 Germany
    11.6.2 France
    11.6.3 UK
    11.6.4 Rest of Europe
    12 Asia Pacific Edible Insects Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 Asia Pacific Edible Insects Market Size and Forecast, By Insect Type
    12.3 Asia Pacific Edible Insects Market Size and Forecast, By Insect Category
    12.4 Asia Pacific Edible Insects Market Size and Forecast, By Application
    12.5 Asia Pacific Edible Insects Market Size and Forecast, By Distribution Channel
    12.6 Asia Pacific Edible Insects Market Size and Forecast, By Country
    12.6.1 China 
    12.6.2 Japan
    12.6.3 India
    12.6.4. Rest of Asia Pacific
    13 Latin America Edible Insects Market Analysis and Forecast (2023-2030)
    13.1 Introduction
    13.2 Latin America Edible Insects Market Size and Forecast, By Insect Type
    13.3 Latin America Edible Insects Market Size and Forecast, By Insect Category
    13.4 Latin America Edible Insects Market Size and Forecast, By Application
    13.5 Latin America Edible Insects Market Size and Forecast, By Distribution Channel
    13.6 Latin America Edible Insects Market Size and Forecast, Country
    13.6.1 Brazil
    13.6.2. Rest of Latin America
    14 Middle East Edible Insects Market Analysis and Forecast (2023-2030) 
    14.1 Introduction
    14.2 Middle East Edible Insects Market Share Analysis, By Insect Type
    14.3 Middle East Edible Insects Market Size and Forecast, By Insect Category
    14.4 Middle East Edible Insects Market Size and Forecast, By Application
    14.5 Middle East Edible Insects Market Size and Forecast, By Distribution Channel
    14.6 Middle East Edible Insects Market Size and Forecast, By Country
    14.6.1. Saudi Arabia
    14.6.2. UAE
    14.6.3. Egypt
    14.6.4. Kuwait
    14.6.5. South Africa
    15 Competitive Analysis
    15.1 Competition Dashboard
    15.2 Market share Analysis of Top Vendors
    15.3 Key Development Strategies
    16 Company Profiles
    16.1. Ynsect
    16.1.1 Overview
    16.1.2 Offerings
    16.1.3 Key Financials
    16.1.4 Business Segment & Geographic Overview
    16.1.5 Key Market Developments
    16.1.6 Key Strategies
    16.2. Aspire Food Group
    16.2.1 Overview
    16.2.2 Offerings
    16.2.3 Key Financials
    16.2.4 Business Segment & Geographic Overview
    16.2.5 Key Market Developments
    16.2.6 Key Strategies
    16.3. Xiamen Water Life Imp. & Exp. Co. Ltd
    16.3.1 Overview
    16.3.2 Offerings
    16.3.3 Key Financials
    16.3.4 Business Segment & Geographic Overview
    16.3.5 Key Market Developments
    16.3.6 Key Strategies
    16.4. BETA HATCH
    16.4.1 Overview
    16.4.2 Offerings
    16.4.3 Key Financials
    16.4.4 Business Segment & Geographic Overview
    16.4.5 Key Market Developments
    16.4.6 Key Strategies
    16.5. Fluker's Cricket Farm
    16.5.1 Overview
    16.5.2 Offerings
    16.5.3 Key Financials
    16.5.4 Business Segment & Geographic Overview
    16.5.5 Key Market Developments
    16.5.6 Key Strategies
    16.6. Entomo Farms

    16.6.1 Overview
    16.6.2 Offerings
    16.6.3 Key Financials
    16.6.4 Business Segment & Geographic Overview
    16.6.5 Key Market Developments
    16.6.6 Key Strategies
    16.7. Invertapro AS
    16.7.1 Overview
    16.7.2 Offerings
    16.7.3 Key Financials
    16.7.4 Business Segment & Geographic Overview
    16.7.5 Key Market Developments
    16.7.6 Key Strategies
    16.8. Enviroflight
    16.8.1 Overview
    16.8.2 Offerings
    16.8.3 Key Financials
    16.8.4 Business Segment & Geographic Overview
    16.8.5 Key Market Developments
    16.8.6 Key Strategies
    16.9. Insecteo
    16.9.1 Overview
    16.9.2 Offerings
    16.9.3 Key Financials
    16.9.4 Business Segment & Geographic Overview
    16.9.5 Key Market Developments
    16.9.6 Key Strategies
    16.10. Kreca Ento-Feed BV
    16.10.1 Overview
    16.10.2 Offerings
    16.10.3 Key Financials
    16.10.4 Business Segment & Geographic Overview
    16.10.5 Key Market Developments
    16.10.6 Key Strategies