Markntel Advisors’ report, Edible Insects Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Edible Insects presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Edible Insects Market Research Report & Market Summary:
The Global Edible Insects Market size is estimated to grow at a CAGR of around 25.2% during the forecast period, i.e., 2024-30. The market's growth is driven primarily by the burgeoning requirements for high-protein & low-fat foods worldwide. Besides, the easy availability, high nutritional value, and low-cost production methods associated with edible insects further drive the global market. The increasing number of insect farming practices due to low costs and the rising instances of livestock diseases are other crucial aspects leading to the mounting adoption of insect-based food products globally. Furthermore, massive R&D investments by the leading players in the industry are coming up with innovative products projecting profitable opportunities for the market over the forthcoming years.
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Key Driver-
Rising Awareness about Various Health Benefits of Edible Insects – One of the main factors propelling the Global Edible Insects Market is growing consumer awareness of the numerous health advantages of edible insects. Insects are becoming more popular as alternative protein sources because people are becoming more aware of traditional livestock husbandry's negative effects on the environment and sustainability. In addition, edible insects are a nutrient-dense food choice since they are high in protein, good fats, vitamins, and minerals.
Moreover, compared to traditional livestock, insects require less land, water, and feed, which adds to their allure as a sustainable food source. The demand for insect-based goods is rising globally as people become more aware of the possible health advantages of including edible insects in their diets and are becoming more concerned about environmental sustainability & food security.
Edible Insects Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Insect Type
The Crickets insects type segment held the major share of the Global Edible Insects Market in 2023. Crickets are a popular food insect around the world because of their high nutritional content, delicious flavor, and range of culinary uses.
By Product Type
Both Insect powder & protein bars altogether accounted for the largest share of the Edible Insects Market over the past few years, owing prominently to their hassle-free transportation, storage, handling, & application. Insects in powdered form are convenient to consume, easily available worldwide, and can be stored at room temperature.
By End User
By Region
The Asia-Pacific region is dominating the Edible Insects Market in 2024 and is expecting consequential growth during the forecast period.
As indicated in the latest market research report published by Markntel Advisors, “Edible Insects Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Edible Insects industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
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Top Companies Operating in the Edible Insects Market:
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