FEATURED COMPANIES
- AgriProtein Holdings Ltd
- Bitty Foods, LLC
- Crik Nutrition
- Edible Inc.
- Entotech SAS
- Global Bugs Asia Co. Ltd.
"Edible Insects Market By Type (Edible Crickets, Mealworms, Black Soldier Fly, Grasshopper), Product (Whole Insects, Insect Flour, Cricket Protein Bars, Insect Snacks, Insect In Chocolate) - Global Opportunity Analysis And Industry Forecast (2018-2023)"
The research report titled “Edible Insects Market by Type (Edible Crickets, Mealworms, Black Soldier Fly, Grasshopper), Product (Whole Insects, Insect Flour, Cricket Protein Bars, Insect Snacks, Insect In Chocolate) - Global Opportunity Analysis and Industry Forecast (2018-2023)” provides in-depth analysis of edible insects market in five major regions and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2023. Edible insects market is expected to reach USD 1,181.6 million by 2023, supported by a CAGR of 23.8% during the forecast period of 2018 to 2023.
Growing population and decreasing food resources, increasing demand for protein rich food, high cost of animal protein, environmental sustainability with production and consumption of edible insects, high nutritional value of insects, and low risk of transmitting zoonotic diseases are driving the growth of global edible insects market. However, non-standardized regulatory framework across the globe, lack of awareness, psychological and ethical barriers, and allergies due to insect’s consumption are the major factors restraining growth of this market to some extent.
The global edible insects market is mainly segmented by insect type (crickets, mealworms, black soldier flies, buffalos, grasshoppers, ants, silkworms, cicadas, and others), product type (whole insects, insect meal, insect powder, insect protein bars and protein shakes, insect baked product and snacks, insect confectionaries, insect beverages, insect oil, and others), application (human consumption, animal nutrition, and cosmetics and pharmaceutical), and geography.
The whole insects commanded the largest share in 2017, owing to their easy availability, less cost as compared to processed insects, and unavailability of the processing techniques in some regions.
Geographically, the global edible insects market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North American region is expected to witness a significant growth in global edible insects market during the forecast period, primarily due to growing demand for environmental friendly high protein diets, aversion to highly processed foods, and growing concern about meat production.
The key players operating in the global edible insects market are KrecaEnto-Food BV, Thailand Unique, Entomo Farms, Haocheng Mealworm Inc., Agriprotein, JIMINI’S (ENTOMA LTD), EnormApS, Chapul Inc., Ynsect, Eat Grub Ltd., Bitty Foods, LLC, EAP GROUP - MICRONUTRIS, Edible Inc., Bugs Solutely, Crik Nutrition, Enviro Flight, LLC, Exo Inc., Entotech SAS, Deli Bugs Ltd., Hargol Food Tech, Aspire Food Group, and All Things Bugs, LLC.
Scope of the Report
Market by Insect Type
- Crickets
- Mealworms
- Black Soldier Flies
- Buffalo's
- Grasshoppers
- Ants
- Silkworms
- Cicadas
- Others
Market by Product Type
- Whole Insects
- Insect Meal
- Insect Powder
- Insect Protein Bars and Protein Shakes
- Insect Baked Products and Snacks
- Insect Confectionaries
- Insect Beverages
- Insect Oil
- Others
Market by Application
- Human Consumption
- Animal Nutrition
- Cosmetics and Pharmaceutical
Market by Geography:
North America
- U.S.
- Canada
Europe
- The Netherlands
- Belgium
- France
- U.K
- Denmark
- Rest of Europe
Asia-Pacific
- Thailand
- China
- Vietnam
- Rest of Asia-Pacific
Rest of World
- Latin America
- Middle East & Africa
Key questions answered in the report
- Which are the high growth market segments in terms of insect type, product type, application, and regions/countries?
- What is the historical market for edible insects across the globe?
- What are the market forecasts and estimates from the period 2017-2023?
- What are the major drivers, restraints, opportunities, and trends in the global edible insects market?
- Who are the major players in the global edible insects and what share of the market do they hold?
- Who are the major players in various countries and what share of the market do they hold?
- What are the competitive landscapes and who are the market leaders by sub-region in the global edible insects market?
- What are the recent developments in the global edible insects market?
- What are the different strategies adopted by the major players in the global edible insects market?
- What are the geographical trends and high growth regions/ countries?
- Who are the local emerging players in the global edible insects market and how do they compete with the global players?
FEATURED COMPANIES
- AgriProtein Holdings Ltd
- Bitty Foods, LLC
- Crik Nutrition
- Edible Inc.
- Entotech SAS
- Global Bugs Asia Co. Ltd.
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- AgriProtein Holdings Ltd
- All Things Bugs, LLC
- Aspire Food Group
- Bitty Foods, LLC
- Bug Solutely
- Chapul Inc.
- Crik Nutrition
- Deli Bugs Ltd.
- Eat Grub Ltd.
- Edible Inc.
- Enorm ApS
- Entomo Farms
- Entotech SAS
- Enviro Flight, LLC
- Exo Inc.
- Global Bugs Asia Co. Ltd.
- Haocheng Mealworm Inc.
- Hargol Food Tech
- JIMINI`S (Entomo Ltd)
- Kreca Ento-Food Bv (A Proti-Farm Company)
- Micronutris (A Subsidary of Eap Group)
- Thailand Unique
- Ynsect
