Edible Insect Market
Edible Insect Market Study by Beetles, Caterpillars, True Bugs, Hymenoptera, and Orthoptera in Dried and Fresh/Chilled Form from 2024 to 2034
Analysis of Edible Insect Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Edible Insect Market Outlook (2024 to 2034)
A recently updated study by proficient analysts at Fact.MR reveals that the global edible insect market is projected to reach a value of US$ 653.3 million in 2024. Worldwide revenue from the sales of edible insects has been forecasted to rise at a CAGR of 5.3% and reach US$ 1.09 billion by the end of 2034.
Accelerating demand for animal-based food and feed, owing to a larger population base, is pushing the sales of edible insects as a source of food. Growing requirements for edible insects are leading to the development of new technologies, which are utilized for harvesting insects more effectively. In addition to insect harvesting, several companies are also actively working on the storage of edible insects to keep them fresh for a longer duration.
Several insect species contain a substantial amount of lipids, vital proteins, and vitamins, which is contributing to their growing use in different foods, feeds, and drinks. The high nutritional profile of these insects is contributing to their increased consumption as a pivotal part of routine diets. Government bodies are also taking initiatives with rising environmental issues, which are creating greater prospects for manufacturers involved in sustainable insect farming. Increased adoption of wild harvesting, semi-domestication, and advanced farming techniques to produce edible insects will drive the market forward over the coming years.
People have become increasingly cautious about the adverse effects caused on human health because of greenhouse gas emissions. This is further leading to the rising preference for protein options with minimal environmental emission, which is a positive edible insect market trend.
- Global demand for dried edible insects is projected to accelerate at 5.4% CAGR and reach a market worth of US$ 881.4 million by 2034-end.
- Sales of edible insects in Canada are forecasted to rise at a CAGR of 5.8% from 2024 to 2034.
- East Asia is expected to account for 23.1% share of global market revenue by 2034.
- Demand for edible insects in South Korea is analyzed to accelerate at 6% CAGR from 2024 to 2034.
| Report Attribute | Detail |
|---|---|
| Edible Insect Market Size (2024E) | US$ 653.3 Million |
| Forecasted Market Value (2034F) | US$ 1.09 Billion |
| Global Market Growth Rate (2024 to 2034) | 5.3% CAGR |
| North America Market Share (2034F) | 24.3% |
| Market Share of Beetles (2034F) | 35.2% |
| Japan Market Growth Rate (2024 to 2034) | 5.8% CAGR |
| Key Companies Profiled | Enviro Flight, LLC; Thailand Unique; Ynsect; Eat Grub Ltd.; Kreca Ento-Food BV; Deli Bugs Ltd.; ENTOTECH; Nordic Insect Economy Ltd.; Protix; Entomo Farms Ltd.; Proti-Farm; Aspire Food Group; Exo Protein. |
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What is Complementing Global Edible Insect Market Growth?
“Expanding Worldwide Trend of Leading Healthy Lifestyle”
Edible insects are consumed highly in several countries, such as China, Thailand, and others. These insects are also consumed as a part of street food in the abovementioned countries. An increased preference for edible insects is also stimulating companies to offer packed insects as a whole in raw, BBQ, and dried forms. Companies are also focusing on offering food-grade certified insects to increase their consumption. Several activities, such as insect harvesting need comparatively less investment. In addition, it is also considered a new way used by companies to provide insects with improved nutritional value.
“Commercial Benefits Associated with Insect Farming”
Several countries are focusing on imposing certain guidelines on increasing the consumption of edible insects, thereby stimulating their adoption as a vital part of food security. Edible insects are farmed and grown quickly in larger quantities in smaller areas. Furthermore, the accelerating demand for edible insects is because of the several benefits provided by them. Edible insects are manufactured with the adoption of semi-domestication, farming, and harvesting, even with minimal investments.
What Issues are Edible Insect Companies Working On?
“Regulatory Challenges Limiting Demand and Consumption of Edible Insects”
The safety and quality are vital for edible insects. Several edible insect manufacturers need to adhere to outlined principles as per set regulations. Individual food/feed business operators bear responsibilities for the safety of end products, thereby bearing some additional expenses on matching regulations, subsequently increasing the final cost of eatables.
“Concerns Related to Health Risks and Safety of Eating Insects”
Several individuals are consuming insects as a conventional food, but there is very little information about their negative impacts on the human body. However, increasing concerns related to food allergies are creating hesitation about edible insect consumption. For instance,
- As mentioned in a research article in Bioscience Horizons: The International Journal of Student Research in 2018, Thailand observed some people in the country are suffering from allergic reactions due to the consumption of edible insects, which is adversely impacting their demand growth.
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What Opportunities Can New Companies Cash in On?
“Use of Advanced Technology Opening New Avenues for Startups”
Some advanced techniques are utilized by producers for edible insects for breeding purposes. Technologies, such as IoT and other emerging technologies are utilized by several new market players for streamlining the insect breeding process for the production of more effective and efficient food. The adoption of several cutting-edge technologies for creating insect-based products and insect breeding is increasing the profit share of startups.
- Protix is an insect farming company that joined forces with the Buhler group in March 2019 to improve its existing portfolio and gain access to several cutting-edge technologies, such as breeding techniques and the Internet of Things.
Country-wise Insights
According to the recently updated analysis by Fact.MR, a market research and competitive intelligence provider, North America is evaluated to hold 24.3% of the global edible insect market share by 2034-end. The rising consumer shift to alternative protein sources for fulfilling nutritional requirements for maintaining healthy functioning of the body is creating prospects for market players in the region. Increasing emphasis on diet optimization is also resulting in increased consumption of edible insects as high-protein options.
What is Pushing Consumption of Edible Insects in the United States?
“Government Initiatives Promoting Edible Insects as Excellent Protein Source”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 69.5 Million |
| Growth Rate (2024 to 2034) | 5.7% CAGR |
| Projected Value (2034F) | US$ 121.3 Million |
The United States is projected to contribute 45.6% share of the North American market by the end of 2034. The government in the country is promoting insect consumption among more consumers owing to their high nutritional profile. These initiatives are further paving the way for the increased adoption of edible insects in the country.
Why is China Considered a Gold Mine for Edible Insect Manufacturers?
“Higher Acceptance Rate of Edible Insects for Their Nutritional Value”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 71.6 Million |
| Growth Rate (2024 to 2034) | 5.3% CAGR |
| Projected Value (2034F) | US$ 120.1 Million |
China is forecasted to occupy a share of 47.5% of East Asia by 2034. There is an increased acceptance of edible insects among a larger consumer base for their higher nutritional profile. More than 174 species, such as feed, medical, and edible are accessible to consumers, which is further contributing to the expanding edible insect market size in the country. Further, growing consumption of these insects as cultural or conventional meals in the country is exhibiting noteworthy growth.
How is Japan Offering Moneymaking Opportunities for Market Players?
“Accelerating Consumption of Functional Foods across the Country”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 42.3 Million |
| Growth Rate (2024 to 2034) | 5.8% CAGR |
| Projected Value (2034F) | US$ 74.4 Million |
Japan is approximated to account for 29.4% share of East Asia by the end of 2034. More people in Japan are consuming functional food products for their high nutritional value. An increasing demand for edible insects as protein supplements is creating prospects for market players in Japan.
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Category-wise Insights
As mentioned in Fact.MR report, the growing consumption of beetles by more individuals is attributed to their high mineral, vitamins, proteins, and good fat profile. Compared to conventional livestock, such as poultry or cattle, they are promoted as one of the alternative sustainable protein sources.
Which Edible Insect is Most Widely Consumed?
“Increasing Preference for Dried Edible Insects for Low Carbohydrates and Rich Protein Profile”
| Attribute | Dried Edible Insects |
|---|---|
| Segment Value (2024E) | US$ 521.3 Million |
| Growth Rate (2024 to 2034) | 5.4% CAGR |
| Projected Value (2034F) | US$ 881.4 Million |
Dried edible insects are analyzed to hold a share of 80.5% of the global market by 2034. Several people benefit from the consumption of dried edible insects as they are low in carbohydrates and rich in protein. In addition, certain essential minerals, such as zinc, iron, magnesium, and calcium are contained in these eatables, thereby contributing to rising popularity. Moreover, they are also rich sources of unsaturated fat, which is believed to be a healthier fat source than saturated fat.
Which Type of Edible Insects Have Garnered High Interest?
“Surging Consumption of Beetles for High Nutritional Profile”
| Attribute | Beetles |
|---|---|
| Market Value (2024E) | US$ 229.3 Million |
| Growth Rate (2024 to 2034) | 5.3% CAGR |
| Projected Value (2034F) | US$ 385.4 Million |
Beetles are projected to possess 35.2% of the global market revenue share by the end of 2034. A wide variety of raw and cooked insects are consumed at a larger scale. Their rich profile of fiber, essential minerals, protein, and healthy fats is contributing to increased consumption. Among several available insect options, beetles and their larvae are consumed at a significant rate owing to the presence of high amounts of vitamins, minerals, and proteins same as meat and fish.
Competitive Landscape
Key players in the edible insect market are aiming for cutting-edge approaches and global expansion for insect breeding. They are involved in the introduction of flexible and competitive insect processing and production technologies and investing in extensive R&D activities for increasing the productivity and quality of edible insects.
For instance :
- Aspire Food Group is from Canada. In October 2021, the company announced the development of a new automated plant for cricket processing. This newly developed facility will help in the production of 9,000 metric tons of edible crickets for animal and human consumption.
- Ynsect is one of the prominent global market leaders offering natural insect proteins. In April 2021, the company acquired Protifarm, which led to the addition of two new mealworm species to its offerings. This will also help in increasing the production capacity of Ynsect.
Fact.MR provides detailed information about the price points of key companies in the edible insect market positioned across the world, sales growth, production capacity, and speculative technological expansion, in this recently updated market report.
Segmentation of Edible Insect Market Research
-
By Insect Type :
- Beetles
- Caterpillars
- True Bugs
- Hymenoptera
- Orthoptera
-
By Product Type :
- Dried
- Fresh/Chilled
-
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- MEA
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Product Type 6.2. Insect Type 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type 7.1. Dried 7.2. Fresh/Chilled 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Insect Type 8.1. Beetles 8.2. Caterpillars 8.3. True Bugs 8.4. Hymenoptera 8.5. Orthoptera 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. East Asia 9.6. South Asia & Pacific 9.7. Middle East & Africa 10. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 11. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Sales Forecast 2024 to 2034 by Product Type, Insect Type, and Region for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Enviro Flight, LLC 19.2. Thailand Unique 19.3. Ynsect 19.4. Eat Grub Ltd. 19.5. Kreca Ento-Food BV 19.6. Deli Bugs Ltd. 19.7. ENTOTECH 19.8. Nordic Insect Economy Ltd. 19.9. Protix 19.10. Entomo Farms Ltd. 19.11. Proti-Farm 19.12. Aspire Food Group 19.13. Exo Protein 20. Assumptions and Acronyms Used 21. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Insect Type, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Insect Type, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Insect Type, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 10: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 11: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 12: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Insect Type, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Insect Type, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Insect Type, 2024 to 2034
Table 19: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 20: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 21: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 22: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 23: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 24: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Insect Type, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Insect Type, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Insect Type, 2024 to 2034
Table 28: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 29: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 30: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 31: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 32: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 33: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 34: Western Europe Market Value (US$ Mn) Analysis, by Insect Type, 2019 to 2023
Table 35: Western Europe Market Value (US$ Mn) Analysis, by Insect Type, 2024 to 2034
Table 36: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Insect Type, 2024 to 2034
Table 37: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 41: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 42: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 43: Eastern Europe Market Value (US$ Mn) Analysis, by Insect Type, 2019 to 2023
Table 44: Eastern Europe Market Value (US$ Mn) Analysis, by Insect Type, 2024 to 2034
Table 45: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Insect Type, 2024 to 2034
Table 46: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 47: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 48: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 49: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 50: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 52: East Asia Market Value (US$ Mn) Analysis, by Insect Type, 2019 to 2023
Table 53: East Asia Market Value (US$ Mn) Analysis, by Insect Type, 2024 to 2034
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Insect Type, 2024 to 2034
Table 55: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 56: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 57: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 58: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 59: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 60: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 61: South Asia & Pacific Market Value (US$ Mn) Analysis, by Insect Type, 2019 to 2023
Table 62: South Asia & Pacific Market Value (US$ Mn) Analysis, by Insect Type, 2024 to 2034
Table 63: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Insect Type, 2024 to 2034
Table 64: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 65: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 66: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 67: MEA Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 68: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 69: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 70: MEA Market Value (US$ Mn) Analysis, by Insect Type, 2019 to 2023
Table 71: MEA Market Value (US$ Mn) Analysis, by Insect Type, 2024 to 2034
Table 72: MEA Market Value (US$ Mn) Opportunity Analysis, by Insect Type, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Insect Type, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Insect Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 14: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 15: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 16: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 17: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 18: North America Market Share Analysis by Country, 2024 & 2034
Figure 19: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 20: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 21: North America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Insect Type, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Insect Type, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 27: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 28: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 29: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 30: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 31: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 32: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 33: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 34: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 35: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 36: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 37: Latin America Market Share and BPS Analysis by Insect Type, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projections by Insect Type, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 40: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 41: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 42: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 43: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 44: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 45: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 46: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 47: Western Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 48: Western Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 49: Western Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 50: Western Europe Market Share and BPS Analysis by Insect Type, 2024 & 2034
Figure 51: Western Europe Market Y-o-Y Growth Projections by Insect Type, 2024 to 2034
Figure 52: Western Europe Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 53: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 54: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 55: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 56: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 57: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 58: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 59: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 60: Eastern Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 61: Eastern Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 62: Eastern Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 63: Eastern Europe Market Share and BPS Analysis by Insect Type, 2024 & 2034
Figure 64: Eastern Europe Market Y-o-Y Growth Projections by Insect Type, 2024 to 2034
Figure 65: Eastern Europe Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 66: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 70: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 71: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 74: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 75: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 76: East Asia Market Share and BPS Analysis by Insect Type, 2024 & 2034
Figure 77: East Asia Market Y-o-Y Growth Projections by Insect Type, 2024 to 2034
Figure 78: East Asia Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 79: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 80: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 81: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 82: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 83: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 84: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 85: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 86: South Asia & Pacific Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 87: South Asia & Pacific Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 88: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 89: South Asia & Pacific Market Share and BPS Analysis by Insect Type, 2024 & 2034
Figure 90: South Asia & Pacific Market Y-o-Y Growth Projections by Insect Type, 2024 to 2034
Figure 91: South Asia & Pacific Market Attractiveness Analysis by Insect Type, 2024 to 2034
Figure 92: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 93: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 94: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 95: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 96: MEA Market Share Analysis by Country, 2024 & 2034
Figure 97: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 98: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 99: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 100: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 101: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 102: MEA Market Share and BPS Analysis by Insect Type, 2024 & 2034
Figure 103: MEA Market Y-o-Y Growth Projections by Insect Type, 2024 to 2034
Figure 104: MEA Market Attractiveness Analysis by Insect Type, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the size of the edible insect market in 2024?
The global edible insect market is expected to reach US$ 653.3 million in 2024.
What are the sales projections for edible insects by 2034?
Worldwide sales of edible insects are analyzed to reach US$ 1.09 billion by 2034.
At what rate is the market for edible insects projected to expand?
The global market is forecasted to expand at a CAGR of 5.3% from 2024 to 2034.
What is the contribution of North America to global market revenue?
North America is approximated to hold 24.3% of the global market share by 2034.
At what rate is the demand for edible insects evaluated to increase in South Korea?
The market in South Korea is evaluated to accelerate at 6% CAGR through 2034.
What is the market scenario for dried edible insects?
Global sales of dried edible insects are projected to rise at 5.4% CAGR and reach US$ 881.4 million by 2034.
Who are some of the leading market players?
Some of the prominent market players are Enviro Flight, LLC, Thailand Unique, Ynsect, Eat Grub Ltd., and Deli Bugs Ltd.
What is the use of edible insects?
Edible insects are identified as a vital protein source, which also have a rich nutritional profile same as cattle or meat.
Edible Insect Market