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Global Edible Insects Market Insights 2023-2028

The Global Edible Insects Market size is valued at USD 2.8 Billion in 2022 and is projected to grow at a CAGR of around 12.4% during the forecast period, i.e., 2023-28.

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Top Players in the 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
  • Others

Segmentation Analysis of Edible Insects Market

Edible Insects Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2023 to 2028, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

  • By Insect Type
    • Crickets
    • Mealworms
    • Black Soldier Flies
    • Buffalo’s
    • Grasshoppers
    • Ants
    • Silkworms
    • Cicadas
    • Beetles
    • Caterpillar
    • Others
  • By Product Type
    • Insect Powder
    • Protein Bars
    • Whole Insects

Based on Product Type: Here, insect powder & protein bars altogether accounted for the largest market share in the previous few years, owing prominently to their hassle-free transportation, storage, handling, & application. Insects in powdered form are convenient to consume, easily available worldwide, and can be stored at room temperature. In many countries, people usually consume insect powder by mixing it with various other food items for enhanced taste.

  • By End User
    • Human Consumption
    • Animal Feed
    • Agriculture

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A Comprehensive Geographical Analysis:

By Region

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

Of all regions globally, Asia-Pacific is expecting consequential growth in the Edible Insects Market during 2023-28. It owes prominently to the favorable norms for using insects as food & feed, low production & transportation costs, and the surging requirements for natural ingredients in food products. In the region, Thailand is home to well-established commercial cricket farming, with the widespread availability of diverse insect species & massive production.

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