The large scale Edible Insects Market report includes the systematic investigation of current scenario of the market, which covers several market dynamics. This market document also endows with an insightful overview of product specification, technology, product type and production analysis by taking into account most important factors such as revenue, cost, and gross margin. To accomplish the same, this market research report offers an insightful market data and information about Edible Insects Market industry to businesses for making better decisions and defining business strategies. All these factors are very significant when it comes to achieving a success in the competitive marketplace.
The world class Edible Insects Market survey report makes business well acquainted with insightful knowledge of the global, regional and local market statistics. It has most-detailed market segmentation, systematic analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. While preparing this market research report, customer satisfaction has been kept on the utmost priority which makes clients rely on us confidently. The leading Edible Insects Market business report has been formed by using information from trustworthy sources such as journals, websites, and annual reports of the companies, white papers, and mergers.
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One of the primary factors driving the growth of the edible insects market is the rising inclination toward the consumption of protein-rich food. The continuing clinical trial research conducted by several food safety businesses to better edible meat choices and the potential of edible insects as a new source of bioactive compounds is leading to market expansion. The market is also influenced by increased human foodborne pathogen prevalence in insects. However, ethical barriers associated with tradition and culture, lack of awareness amongst the population, especially in developing countries, and a prolonged time for regulatory framework may act as restraining factors for the Global edible insects market in the forecast period.
The demand for edible insects is expected to increase in Global owing to the rising malnutrition population.
The global edible insects market is supportive and aims to reduce the risk of transmitting zoonotic diseases with the consumption of edible insects. Data Bridge Market Research analyses that global edible insects market is expected to grow at a CAGR of 24.8% during the forecast period of 2023 to 2030.
| REPORT METRIC | DETAILS |
|---|---|
| Forecast Period | 2023 to 2030 |
| Base Year | 2022 |
| Historic Years | 2021 (Customizable to 2014 - 2019) |
| Quantitative Units | Revenue in Million, Pricing in USD |
| Segments Covered | 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) |
| Countries Covered | U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, Denmark, Sweden, Poland, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, New Zealand, Rest of Asia-Pacific, Brazil, Colombia, Peru, Rest of South America, South Africa, Saudi Arabia, U.A.E, Ethiopia, Qatar, Kuwait, Rest of the Middle East and Africa |
| Market Players Covered | 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, Chapul LLC, Jimini's, Symton Black Soldier Fly, and Armstrong Crickets Georgia among others |
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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.
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