Emerging Trends and Key Drivers Fueling the Edible Insects Market Growth forecast 2030: With a Striking CAGR of 12.4% – MarkNtel Advisors

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Global Edible Insects Market
Global Edible Insects Market

How big is the Global Edible Insects market?

According to MarkNtel Advisors study, The Global Edible Insects Market size was valued at around USD 2.8 Billion in 2022 and is estimated to grow at a CAGR of about 12.4% during the forecast period, i.e., 2024-30.

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Global Edible Insects Market Trend:

Increasing Popularity of Biotechnology & Genetic Engineering – Genetic engineering and biotechnology are becoming major trends in the Edible Insects Industry. These technologies present chances to improve several facets of product creation and insect production. The optimization of insect-rearing procedures, including breeding programs targeted at enhancing desired features including growth rate, nutritional content, and disease resistance, is made possible by biotechnology.

Furthermore, the modification of insect genomes to accomplish particular objectives, like raising protein content or changing allergenic qualities, is possible because of genetic engineering tools. Furthermore, biotechnology makes it easier to create unique food products made from insects that have better nutritional profiles and sensory qualities. Biotechnology and genetic engineering are anticipated to become more important in stimulating innovation and expansion in the Global Edible Insects Market as the need for sustainable protein sources rises.

Leading Companies in the Global Edible Insects market:

  • AgriProtein Technologies
  • Aspire Food Group
  • All Things Bugs
  • Beta Hatch
  • Bioflytech
  • DeliBugs Ltd.
  • Eat Grub Ltd.
  • Thailand Unique
  • Nordic Insect Economy Ltd.
  • Kreca Ento – Food BV
  • Entomo Farms Ltd.
  • Protifarm NV
  • EnviroFlight LLC
  • EntoCube, Ltd.
  • Entomo Farms
  • Haocheng Mealworm Inc.
  • Hargol FoodTech
  • Ÿnsect SAS
  • Other

Explore Full Market Research Report – https://www.marknteladvisors.com/research-library/edible-insects-market.html

Global Edible Insects Market Segmentation:

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)
  • Buffalo’s- Market Size & Forecast 2019-2030, (USD Million)
  • Grasshoppers- Market Size & Forecast 2019-2030, (USD Million)
  • Ants- 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)

The crickets segment holds the major share of the market and is anticipated to contribute significantly to the growth of the Global Edible Insects Market during 2024-30.

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)

Regional/ Countries Insight:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

The Asia-Pacific region is dominating the Edible Insects Market and expecting consequential growth during the forecast period.

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

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About MarkNtel Advisors:

MarkNtel Advisors is a leading consulting, data analytics, and market research company that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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