Edible Insects Market - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2017 – 2025

  • Single User License $3500

Edible Insects Market - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2017 – 2025

Status : February, 2020 | Food and Beverages | PPT format

Report Digest


Edible Insects Market: Overview

Edible insects have seen a huge transformation from being recognized as famine food to a food that is now being included in the regular diet. Currently, insects are not only consumed during the dearth of traditional food products but are now a regular part of the food culture of numerous nations. Edible insects are also being used as animal feed apart from being consumed as human food as well. These insects are used as animal feed as they have ample amount of amino acids and necessary minerals in them.

The global market for edible insects could be segmented in terms of the different types of insects and application. The global market could also be segmented in terms of geography. Such in depth and precise segmentation of the global edible insects market offered by the report helps in grasping the all-round growth prospects and the future outlook of the different segments of the market and thus, helping the potential buyers to make informed decisions while investing in the market.

The report on edible insects market provides the analysis and forecast on regional as well as global level. It offers historical data of the year 2016 along with the anticipated data of 2017, and a forecast data up to year 2024 in terms of revenue as well as volume. The report also provide vital driving and impeding factors for the development of the global edible insects market and their impact on each region over the duration of the given forecast period. The report also offers the value chain analysis of the market with a list of key players. The research report on the global market for edible insects provides vital growth prospects and key trends and opportunities that may come up in the market over the course of the given forecast period. The research report is the result of in-depth and extensive primary as well as secondary research methodologies backed by crucial market insights offered by the industry professionals.

Edible Insects Market: Trends and Opportunities

The overall growth of the global market for edible insects can be attributed to the growing demand for food products with high value of protein among the middle class customers and increasing population across the globe. Insecurities related to feeds and food and the high process of animal protein are some of the other factors that are expected to augment the overall development of the global edible insects market over the course of the given forecast period. Consumption of insects or entomophagy is seen to have a positive impact on the health of the consumers and thus have also uplifted the overall demand for the market.

Edible Insects Market: Market Potential

In a recent development, insects can be bought in Finland as food. The Finnish food safety authority Evira have published a 44 page guideline for the safe consumption of insects. The overall growth of the global edible insects market is burgeoning with a group of trade lobby already in place for the Finnish products. Finnish company EntoCube has been at the forefront of this new wave of cricket-producing food companies and has been busy cultivating and marketing edible insects for the last three years.

Edible Insects Market: Geographical Segmentation

From a geographical standpoint, the global market for edible insects can be segmented into key regions such as Asia Pacific, Europe, North America, and Rest of the World. Asia Pacific is expected to be the dominant region in the market with significant contribution from countries such as China, India, Sri Lanka, Bangladesh, and Malaysia.

Edible Insects Market: Key Players

HaoCheng Mealworm Inc., EnviroFlight, Kreaca V.O.F. LLC, AgriProtein Technologies, and Reese Finer Foods Inc. are some of the key companies in the global edible insects market. 

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

Wish to check Table of Contents of this report?

Click below to Request TOC

Request TOC