Edible Insects for Human Consumption Market
Edible Insects for Human Consumption Market Study by Beetles, Caterpillars, Hymenoptera, Orthoptera, and True Bugs in Whole and Ingredient Form from 2024 to 2034
Analysis of Edible Insects for Human Consumption Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Edible Insects for Human Consumption Market Outlook (2024 to 2034)
The global edible insects for human consumption market is forecast to increase from a value of US$ 653.3 million in 2024 to over US$ 1.1 billion by the end of 2034, expanding at a CAGR of 5.3% over the next ten years (2024–2034).
Edible insects consumed by humans, such as crickets, mealworms, grasshoppers, beetles, ants, silkworms, termites, and waxworms, are attracting interest because of their nutritional benefits, sustainability, and potential to tackle food security issues. This industry encompasses activities related to the production, processing, distribution, and consumption of edible insects as food items.
Key Market Growth Drivers
- Growing consumer awareness regarding the nutritional benefits and sustainability of edible insects is contributing to the growth of the edible insects for human consumption market.
- Concerns surrounding food security, along with the search for alternative protein sources, are stimulating the demand for edible insects as a sustainable food choice.
- Innovations in food formulations incorporating insect-based ingredients are broadening the scope of edible insect products, thus driving market growth.
- Traditional cultural practices in many societies include the consumption of insects. This, coupled with increased awareness of their nutritional value, is fostering greater acceptance of insect-based foods.
- Edible insects require fewer resources, such as water, land, and feed, compared to conventional livestock, enhancing their appeal as an environmentally sustainable protein option for people.
- In many parts of the world, consumption of edible insects has been a customary practice. As knowledge of the nutritional advantages offered by edible insects becomes more widespread, cultural receptivity toward insect-based foods is projected to rise, stimulating the edible insect industry for human consumption.
Report Attributes | Details |
---|---|
Edible Insects for Human Consumption Market Size (2024E) | US$ 653.3 Million |
Forecasted Market Value (2034F) | US$ 1.1 Billion |
Global Market Growth Rate (2024 to 2034) | 5.3% CAGR |
North America Market Value (2024E) | US$ 161.3 Million |
East Asia Market Value (2024E) | US$ 154 Million |
Sales of Whole Insects (2034F) | US$ 630 Million |
Key Companies Profiled | CricketLab; EntomoFarms; Exo Inc.; Kreca Ento-Food BV; Protifarm Holding NV; Bitty Foods; Ynsect; Jimini's; Cricket Flours; C-fu Foods |
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Which Edible Insects for Human Consumption Market Trends are Benefitting Suppliers?
“Rising Inclination toward Alternative Protein Sources”
There is a rising inclination toward alternative protein sources, such as edible insects, driven by their nutritional advantages. There is also a growing demand for whole edible insects in East Asian countries such as Thailand and China. These creatures are also sold as street food in many countries.
Companies are responding to the increasing preference for whole edible insects by offering them in dried, BBQ, and raw forms, often in packaged formats. Such companies are also focusing on providing food-grade certified insects for consumption, and insect harvesting is seen as a low-investment opportunity, particularly benefiting marginalized communities. As demand grows, companies are innovating to offer edible insects with enhanced nutritional value.
“Increasing Feed Costs Impacting Livestock Product Prices”
Rising feed costs are driving up the prices of livestock products, with feed expenses typically constituting 60% to 70% of total livestock production costs. Major protein sources like fish and soybean meal for animal feed face competition from human food production.
Additionally, fishmeal availability has dwindled due to marine resource depletion, leading to a surge in feed ingredient costs. Consequently, the demand for sustainable alternatives has prompted increased interest in using insects as feed ingredients.
What are the Hindrances to Edible Insects for Human Consumption Market Growth?
“Cultural Norms Linking Insects with Unsanitary Conditions”
Traditional dietary habits and preferences play a crucial role in shaping consumer perceptions of edible insects. In cultures where insects are not traditionally consumed as food, there may be a strong resistance to incorporating them into the diet.
In Western societies, cultural norms and attitudes often associate insects with pests or unhygienic conditions rather than food, creating a barrier to widespread acceptance and adoption of edible insects.
Negative cultural perceptions can impact consumers willingness to try insect-based products, thereby limiting demand for such insects and hindering the growth of sales of edible insects. Overcoming cultural barriers requires education, awareness-building, and efforts to shift societal attitudes toward insects as a viable and sustainable source of nutrition. This process may take time and concerted efforts from industry stakeholders, policymakers, and advocacy groups.
“Lack of Awareness among People about Advantages of Edible Insects”
Many consumers remain unaware of the nutritional benefits and sustainability advantages of edible insects, limiting demand and growth potential.
The complexity of insect farming and processing operations, including sourcing of feed, breeding, and handling, presents logistical and operational challenges for businesses in the edible insect market. The infrastructure for mass production, processing, and distribution of edible insects is still underdeveloped or insufficient, impeding scalability and growth.
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Country-wise Insights
The Asia Pacific region is recognized as the primary hub for edible insect species, driven by its large population and growing food requirements. As the demand for food rises worldwide, there is a growing reliance on edible insects in this region.
Moreover, insect availability varies by geography, with certain countries in Asia Pacific being known for specific types of edible insects. Certain companies in China are creating new insect-based products and refining processing methods to enhance the taste and accessibility of insects to consumers, including incorporating them into snacks, baked goods, and other food items.
Why is Demand for Edible Insects for Human Consumption Rising in the United States?
“Heightened Interest in Sustainable Food Choices”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 119.7 Million |
Growth Rate (2024 to 2034) | 4.5% CAGR |
Projected Value (2034F) | US$ 186.6 Million |
The edible insects for human consumption market share in the United States is expanding due to factors such as growing recognition of alternative protein sources, heightened interest in sustainable food choices, and the exploration of novel culinary options. As consumer preferences and dietary habits change, sales of edible insects in the country offer prospects for innovation, investment, and growth in the region.
What are the Reasons for Constant Market Growth in China?
“Historical and Cultural Significance Associated with Consumption of Edible Insects”
Attribute | China |
---|---|
Market Value (2024E) | US$ 108.1 Million |
Growth Rate (2024 to 2034) | 6% CAGR |
Projected Value (2034F) | US$ 194.4 Million |
As consumer preferences evolve and the desire for sustainable and nutritious food options rises, China's market is poised for significant growth. The consumption of insects holds historical and cultural significance in the country, particularly in regions where insects are esteemed as traditional delicacies. This cultural acceptance has fostered the expansion of edible insects for human consumption market. Edible insects, known for their protein content, meet this demand and are increasingly integrated into Chinese dietary practices. Amid growing concerns about food security and environmental sustainability, there is a heightened interest in sustainable food options in China.
Edible insects are viewed as a sustainable protein choice due to their efficient conversion of feed into protein and their minimal environmental impact compared to conventional livestock. Innovation and advancements in product development are also driving the edible insects for human consumption market growth in China. The Chinese government's support for the edible insect industry aligns with its objectives to tackle food security challenges and promote sustainable development initiatives.
Category-wise Insights
The prevalence of edible insect products worldwide varies based on cultural norms, dietary preferences, and local availability. In many regions globally, whole insects are preferred over processed forms like powders or extracts.
Common examples of whole insects include crickets, mealworms, grasshoppers, and beetles, which are popular in areas where insect consumption is traditional or widely accepted. These insects are typically prepared through methods such as roasting, frying, or boiling and are consumed as snacks, incorporated into main dishes, or used in various recipes.
Which Edible Insect is Most Commonly Consumed by Human Beings?
“Extensive Use of Whole Insects in Snacks and Meals”
Attribute | Beetles |
---|---|
Market Value (2024E) | US$ 137 Million |
Growth Rate (2024 to 2034) | 5.03% CAGR |
Projected Value (2034F) | US$ 224 Million |
Whole edible insects include crickets, mealworms, grasshoppers, and beetles. Consumers buy whole insects for direct consumption or as ingredients in various dishes, snacks, or meals. Although whole insects are predominant in many cultures, there's a rising interest in processed insect-based ingredients like powders, flours, and oils, particularly in regions less accustomed to insect consumption.
Processed forms are utilized by food manufacturers to boost the protein and nutrient content of foods or to innovate with new food formulations. While whole insects remain prevalent globally, the popularity of processed insect products is on the rise due to increased awareness of their nutritional benefits and eco-friendliness.
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Competitive Landscape
Several firms and brands in the market are vying for a higher share based on criteria such as the caliber of their products, pricing strategies, distribution networks, innovative approaches, and brand visibility. Key players in the edible insects for human consumption industry are Kreca Ento-Food BV, Protifarm Holding NV, Bitty Foods, Ynsect, Jimini's, Entomo Farms, Cricket Flours, and C-fu Foods. With the ongoing expansion in the sales of edible insects, competition among these entities is becoming more robust, driving greater levels of innovation and fostering strategic collaborations.
Key Segments of Edible Insects for Human Consumption Market Research
-
By Product Type :
- Whole
- Ingredient
-
By Insect Type :
- Beetles
- Caterpillars
- Hymenoptera
- Orthoptera
- True Bugs
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa (MEA)
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Product Type
- 9.1 Whole
- 9.2 Ingredient
- 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Insect Type
- 10.1 Beetles
- 10.2 Caterpillars
- 10.3 Hymenoptera
- 10.4 Orthoptera
- 10.5 True Bugs
- 11. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region
- 11.1 North America
- 11.2 Latin America
- 11.3 Europe
- 11.4 East Asia
- 11.5 South Asia
- 11.6 Oceania
- 11.7 Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 13. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. South Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 17. Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 18. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 19. Key and Emerging Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1 CricketLab
- 21.2 EntomoFarms
- 21.3 Exo Inc.
- 21.4 Kreca Ento-Food BV
- 21.5 Protifarm Holding NV
- 21.6 Bitty Foods
- 21.7 Ynsect
- 21.8 Jimini's
- 21.9 Cricket Flours
- 21.10 C-fu Foods
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Insect Type
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Insect Type
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Insect Type
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Insect Type
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Insect Type
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Insect Type
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Insect Type
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Insect Type
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2023
Figure 02: Global Market Volume Forecast (in 000' Units), 2024 to 2034
Figure 03: Pricing Analysis (US$) Per Product Type, By Region, 2023
Figure 04: Pricing Analysis (US$) Per Product Type, By Region, 2023
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2023
Figure 06: Global Market Value Forecast (US$ Mn), 2024 to 2034
Figure 07: Global Market Absolute $ Opportunity, 2024 to 2034
Figure 08: Global Market Share Analysis (%), By Product Type, 2024 to 2034
Figure 09: Global Market Y-o-Y Analysis (%), By Product Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Share Analysis (%), By Insect Type, 2024 to 2034
Figure 12: Global Market Y-o-Y Analysis (%), By Insect Type, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 14: Global Market Share Analysis (%), By Region, 2024 to 2034
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value Share, By Product Type, 2024 (E)
Figure 18: North America Market Value Share, By Insect Type, 2024 (E)
Figure 19: North America Market Value Share, By Country, 2024 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 21: North America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 22: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 24: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 25: Latin America Market Value Share, By Product Type, 2024 (E)
Figure 26: Latin America Market Value Share, By Insect Type, 2024 (E)
Figure 27: Latin America Market Value Share, By Country, 2024 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 29: Latin America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 30: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 31: Latin America Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 32: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 33: Europe Market Value Share, By Product Type, 2024 (E)
Figure 34: Europe Market Value Share, By Insect Type, 2024 (E)
Figure 35: Europe Market Value Share, By Country, 2024 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2023
Figure 37: Europe Market Value Forecast (US$ Mn), 2024 to 2034
Figure 38: Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 39: Europe Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 40: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 41: South Asia Market Value Share, By Product Type, 2024 (E)
Figure 42: South Asia Market Value Share, By Insect Type, 2024 (E)
Figure 43: South Asia Market Value Share, By Country, 2024 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 45: South Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 46: South Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 47: South Asia Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 48: South Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 49: East Asia Market Value Share, By Product Type, 2024 (E)
Figure 50: East Asia Market Value Share, By Insect Type, 2024 (E)
Figure 51: East Asia Market Value Share, By Country, 2024 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 53: East Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 54: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 55: East Asia Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 56: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 57: Oceania Market Value Share, By Product Type, 2024 (E)
Figure 58: Oceania Market Value Share, By Insect Type, 2024 (E)
Figure 59: Oceania Market Value Share, By Country, 2024 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2023
Figure 61: Oceania Market Value Forecast (US$ Mn), 2024 to 2034
Figure 62: Oceania Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 63: Oceania Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 64: Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 65: Middle East and Africa Market Value Share, By Product Type, 2024 (E)
Figure 66: Middle East and Africa Market Value Share, By Insect Type, 2024 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2024 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2023
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2024 to 2034
Figure 70: Middle East and Africa Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 71: Middle East and Africa Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2024 & 2034
Figure 74: UNITED STATES Market Value Share, By Product Type, 2024 (E)
Figure 75: UNITED STATES Market Value Share, By Insect Type, 2024 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2024 & 2034
Figure 77: Canada Market Value Share, By Product Type, 2024 (E)
Figure 78: Canada Market Value Share, By Insect Type, 2024 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2024 & 2034
Figure 80: Mexico Market Value Share, By Product Type, 2024 (E)
Figure 81: Mexico Market Value Share, By Insect Type, 2024 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2024 & 2034
Figure 83: Brazil Market Value Share, By Product Type, 2024 (E)
Figure 84: Brazil Market Value Share, By Insect Type, 2024 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2024 & 2034
Figure 86: UNITED KINGDOM Market Value Share, By Product Type, 2024 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Insect Type, 2024 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2024 & 2034
Figure 89: Germany Market Value Share, By Product Type, 2024 (E)
Figure 90: Germany Market Value Share, By Insect Type, 2024 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2024 & 2034
Figure 92: France Market Value Share, By Product Type, 2024 (E)
Figure 93: France Market Value Share, By Insect Type, 2024 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2024 & 2034
Figure 95: Italy Market Value Share, By Product Type, 2024 (E)
Figure 96: Italy Market Value Share, By Insect Type, 2024 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2024 & 2034
Figure 98: Spain Market Value Share, By Product Type, 2024 (E)
Figure 99: Spain Market Value Share, By Insect Type, 2024 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 101: Russia Market Value Share, By Product Type, 2024 (E)
Figure 102: Russia Market Value Share, By Insect Type, 2024 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2024 & 2034
Figure 104: China Market Value Share, By Product Type, 2024 (E)
Figure 105: China Market Value Share, By Insect Type, 2024 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2024 & 2034
Figure 107: Japan Market Value Share, By Product Type, 2024 (E)
Figure 108: Japan Market Value Share, By Insect Type, 2024 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2024 & 2034
Figure 110: South Korea Market Value Share, By Product Type, 2024 (E)
Figure 111: South Korea Market Value Share, By Insect Type, 2024 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2024 & 2034
Figure 113: India Market Value Share, By Product Type, 2024 (E)
Figure 114: India Market Value Share, By Insect Type, 2024 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2024 & 2034
Figure 116: ASEAN Market Value Share, By Product Type, 2024 (E)
Figure 117: ASEAN Market Value Share, By Insect Type, 2024 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 119: Australia Market Value Share, By Product Type, 2024 (E)
Figure 120: Australia Market Value Share, By Insect Type, 2024 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2024 & 2034
Figure 122: New Zealand Market Value Share, By Product Type, 2024 (E)
Figure 123: New Zealand Market Value Share, By Insect Type, 2024 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2024 & 2034
Figure 125: GCC Countries Market Value Share, By Product Type, 2024 (E)
Figure 126: GCC Countries Market Value Share, By Insect Type, 2024 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2024 & 2034
Figure 128: Turkey Market Value Share, By Product Type, 2024 (E)
Figure 129: Turkey Market Value Share, By Insect Type, 2024 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2024 & 2034
Figure 131: South Africa Market Value Share, By Product Type, 2024 (E)
Figure 132: South Africa Market Value Share, By Insect Type, 2024 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
Which edible insect type accounts for high human consumption?
Beetles are estimated to occupy 21% share of the global edible insects for human consumption market in 2024.
What are the projected sales for edible insects for human consumption in the United States?
Sales of edible insects for human consumption in the United States are estimated to reach US$ 119.7 million in 2024.
What is the demand forecast for beetles by the end of 2034?
Demand for beetles is forecasted to reach a market value of US$ 224 million by the end of 2034.
What is the rate at which the market in Japan is projected to expand?
The market in Japan is projected to expand at a CAGR of 6.6% over the next 10 years.
Which is the most expensive bug in the world?
The world's priciest insect is the stag beetle, costing as much as US$ 89,000.