Market Insights & Analysis: The Global Edible Insects Market (2024-30):
MarkNtel Advisors has published a research report on the Global Edible Insects Market for the forecast years, 2024-30. This research is a dependable reference for assessing historical and future data, developmental trends, and prevailing industry catalysts. Recognizing the growing demand for market research across various sectors, a comprehensive study has been formulated addressing diverse topics. Through qualitative and quantitative data, this report effectively covers key alterations, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges.
Global Edible Insects Market Overview:
According to the latest report from MarkNtel Advisors, 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. This comprehensive analysis contains key insights into market trends, size, projections, growth catalysts, challenges, and competitor assessments.
The report offers an in-depth evaluation of the Global Edible Insects Market, presenting the latest developments and providing an overview of the current market scenario. With markets gradually recovering from the impact of the pandemic, there is a notable stabilization or even an increase in disposable income in developing nations, driving the market’s momentum.
Global Edible Insects Market 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.
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Global Edible Insects Market Segmentation Analysis:
This thorough analysis of the Global Edible Insects Market facilitates the identification of significant market factors. The report delves into key market segments and the regional analysis outlined within this research, which will significantly aid industry players in refining their consumer targeting, strategic positioning, and overall business expansion efforts. The Market exhibits a high degree of fragmentation, categorizing into distinct segments as follows:
By Insect Type
-Crickets- Market Size & Forecast 2019-2030, (USD Million)
-Mealworms- Market Size & Forecast 2019-2030, (USD Million)
-Black Soldier Flies- Market Size & Forecast 2019-2030, (USD Million)
-Grasshoppers- Market Size & Forecast 2019-2030, (USD Million)
-Ants- Market Size & Forecast 2019-2030, (USD Million)
-Buffalo’s Worm- Market Size & Forecast 2019-2030, (USD Million)
-Silkworms- Market Size & Forecast 2019-2030, (USD Million)
-Cicadas- Market Size & Forecast 2019-2030, (USD Million)
-Beetles- Market Size & Forecast 2019-2030, (USD Million)
-Caterpillar- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
By Product Type
-Insect Powder- Market Size & Forecast 2019-2030, (USD Million)
-Protein Bars- Market Size & Forecast 2019-2030, (USD Million)
-Whole Insects- Market Size & Forecast 2019-2030, (USD Million)
By End User
-Human Consumption- Market Size & Forecast 2019-2030, (USD Million)
-Animal Feed- Market Size & Forecast 2019-2030, (USD Million)
-Agriculture- Market Size & Forecast 2019-2030, (USD Million)
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
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Analysis of Global Edible Insects Market Share:
The competitive landscape of the Global Edible Insects Market is dissected through a thorough competitor analysis. This includes detailed insights into each company’s profile, financial performance, market share, potential, Research and Development (R&D) investments, recent market initiatives, reach, strengths and weaknesses, as well as product/service launches and dominance. The information outlined above offers a comprehensive overview of the prominent market players, including,
AgriProtein Technologies, Aspire Food Group, All Things Bugs, Beta Hatch, Bioflytech, DeliBugs Ltd., Eat Grub Ltd., Thailand Unique, Nordic Insect Economy, Kreca Ento – Food BV, Entomo Farms Ltd., Protifarm NV, EnviroFlight LLC, EntoCube, Ltd., Entomo Farms, Haocheng Mealworm Inc., Hargol FoodTech, Ÿnsect SAS, Other.
Frequently Asked Questions (FAQs)
- What key forces are steering the dynamics of the Global Edible Insects Market?
- What potential opportunities and obstacles can be identified on the horizon?
- How might regulatory changes impact the Global Edible Insects industry’s trajectory?
- What are the anticipated technological advancements shaping the future of the Global Edible Insects Market?
- Who are the key players profiled in the Global Edible Insects Market research report?
- What is the estimated valuations in USD, and CAGR for the forecast years?
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