Edible Insects Market Surges with a Robust 12.4% CAGR in 2023-28 Forecast

Market Overview: Global Edible Insects Market

MarkNtel Advisors, a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on the Global Edible Insects Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.

Edible Insects Market Insights 2023-28

The Global Edible Insects Market size is valued at USD 2.8 Billion in 2022 and is projected to grow at a CAGR of around 12.4% during the forecast period, i.e., 2023-28.

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Top Players in the Edible Insects Market:

  • AgriProtein Technologies
  • Aspire Food Group
  • All Things Bugs
  • Beta Hatch
  • Bioflytech
  • DeliBugs Ltd.
  • Eat Grub Ltd.
  • Thailand Unique
  • Nordic Insect Economy Ltd.
  • Kreca Ento – Food BV
  • Entomo Farms Ltd.
  • Protifarm NV
  • EnviroFlight LLC
  • EntoCube, Ltd.
  • Entomo Farms
  • Haocheng Mealworm Inc.
  • Hargol FoodTech
  • Ÿnsect SAS
  • Others

Segmentation Analysis of Edible Insects Market

Edible Insects Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2023-28, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

-By Insect Type

  • Crickets
  • Mealworms
  • Black Soldier Flies
  • Buffalo’s
  • Grasshoppers
  • Ants
  • Silkworms
  • Cicadas
  • Beetles
  • Caterpillar

Amongst all insect types, Crickets are projected to contribute significantly to the growth of the Global Edible Insects Market during 2023-28. They are easily available at low costs and have superior protein content & higher sources of minerals like copper, zinc, magnesium, & iron than beef, which makes them a much better alternative to different protein supplements.

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-By Product Type

  • Insect Powder- Market Size & Forecast 2018-2028, (USD Million)
  • Protein Bars- Market Size & Forecast 2018-2028, (USD Million)
  • Whole Insects- Market Size & Forecast 2018-2028, (USD Million)

-By End User

  • Human Consumption- Market Size & Forecast 2018-2028, (USD Million)
  • Animal Feed- Market Size & Forecast 2018-2028, (USD Million)
  • Agriculture- Market Size & Forecast 2018-2028, (USD Million)

A Comprehensive Geographical Analysis:

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Asia-Pacific is expecting consequential growth in the Edible Insects Market during 2023-28.

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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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