With increased demand for animal-based food and to feed the large population, insects are being used as a source of food. Owing to the lower ecological footprint required for the production of insects. Consumption of insects also depends on human health issue and culture. Increased demand for edible insects is also resulting in the development of new technologies used to harvest insects in a more efficient way. Along with harvesting of insects, companies are also focusing on storing edible insects to keep them fresh for a long time. However , there are still some major factors hampering the market growth including safety and health issues, and legislative requirements. Companies are also focusing on developing various edible insect ingredients. Edible insects are also being offered along with the information on their nutrient contents.
Compared to the ingredients, edible insects as a whole is likely to be consumed on a large scale. In Asian countries such as Thailand and China, edible insects are sold as a whole to be consumed by people. Moreover, they are also the part of street food in these countries. With the rising preference for edible insects as a whole, companies are also providing packed edible insects as a whole in dried, BBQ, and raw form. Companies are also moving towards providing food-grade certified insects for consumption. Moreover, activities such as insect harvesting requires very less investment and it is considered as the best way to earn for the poorest section of society. However, companies are finding new ways to offer edible insects with maximum nutrition value.
Market Analysis and Insights: Global and China Edible Insects Market
This report focuses on global and China Edible Insects QYR Global and China market.
The global Edible Insects market size is projected to reach US$ 1212.6 million by 2026, from US$ 557.3 million in 2020, at a CAGR of 13.8% during 2021-2026.
Global Edible Insects Scope and Market Size
Edible Insects market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Edible Insects market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Edible Insects market is segmented into
Caterpillar
Orthoptera
Beetles
True Bugs
Others
Segment by Application, the Edible Insects market is segmented into
Hypermarkets/Supermarkets
Convenience Stores
Specialty Coffee Shops
Online Retail
Others
Regional and Country-level Analysis
The Edible Insects market is analysed and market size information is provided by regions (countries).
The key regions covered in the Edible Insects market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Edible Insects market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Edible Insects business, the date to enter into the Edible Insects market, Edible Insects product introduction, recent developments, etc.
The major vendors covered:
Thailand Unique
Kreca Ento-Food BV
Nordic Insect Economy
Entomo Farms
Enviro Flight
Proti-Farm
EXO
ENTOTECH
Deli Bugs
Eat Grub
Compared to the ingredients, edible insects as a whole is likely to be consumed on a large scale. In Asian countries such as Thailand and China, edible insects are sold as a whole to be consumed by people. Moreover, they are also the part of street food in these countries. With the rising preference for edible insects as a whole, companies are also providing packed edible insects as a whole in dried, BBQ, and raw form. Companies are also moving towards providing food-grade certified insects for consumption. Moreover, activities such as insect harvesting requires very less investment and it is considered as the best way to earn for the poorest section of society. However, companies are finding new ways to offer edible insects with maximum nutrition value.
Market Analysis and Insights: Global and China Edible Insects Market
This report focuses on global and China Edible Insects QYR Global and China market.
The global Edible Insects market size is projected to reach US$ 1212.6 million by 2026, from US$ 557.3 million in 2020, at a CAGR of 13.8% during 2021-2026.
Global Edible Insects Scope and Market Size
Edible Insects market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Edible Insects market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Edible Insects market is segmented into
Caterpillar
Orthoptera
Beetles
True Bugs
Others
Segment by Application, the Edible Insects market is segmented into
Hypermarkets/Supermarkets
Convenience Stores
Specialty Coffee Shops
Online Retail
Others
Regional and Country-level Analysis
The Edible Insects market is analysed and market size information is provided by regions (countries).
The key regions covered in the Edible Insects market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Edible Insects Market Share AnalysisEdible Insects market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Edible Insects business, the date to enter into the Edible Insects market, Edible Insects product introduction, recent developments, etc.
The major vendors covered:
Thailand Unique
Kreca Ento-Food BV
Nordic Insect Economy
Entomo Farms
Enviro Flight
Proti-Farm
EXO
ENTOTECH
Deli Bugs
Eat Grub
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.