According to this latest study , Edible Insect Market size is projected to reach USD 645.2 Million units by 2027 from an estimated USD 355.3 Million unit in 2019, growing at a CAGR of 22.4% globally.
Edible Insects are roasted, dried,
and powdered to form high protein and low-calorie flour. Most common edible
insects available for consumption in market includes beetle, locusts, cricket,
and ants. These powders are widely used in preparing low calorie energy bars
and snacks owing to their compatibility with various natural ingredients and
flavors. Also, easy availability, protein extraction, high nutritional profile,
and economic processing techniques is making edible insects popular among
consumers which is likely to boost market demand. Increasing farming of insects
owing to minimum investment along with rising cases of livestock diseases is
making consumers opt for safe and economical edible insect products. Industry
players are rapidly investing in R&D and marketing to capitalize on
emerging trends in food & beverage sector by introducing innovative
products which should boost edible insects market trends
Read More : https://introspectivemarketresearch.com/reports/edible-insect-market
Edible
Insects Market - Size, Competitive Landscape and Segmentation Analysis:
Edible Insects Market Reports provide a high-level
overview of market segments by product type, applications, leading
key players, and regions, as well as market statistics. The research
insights focus on the impact of the Covid-19 epidemic on performance
and offers a thorough examination of the current market and market dynamics.
This crucial understanding of the report's objective can help you make better
strategic decisions about investment markets by assessing elements that may
affect current and future market circumstances. The leading key players in the
Global and Regional market are summarized in a research to understand their
future strategies for growth in the market.
The key
players covered in the Edible Insects market
report is:
HaoCheng Mealworms, Agriprotien
Technologies, Chapul, Thailand Unique, Six Foods, Crowbar Protein, Bugsolutely,
Crik Nutrition, Gathr Foods,Hexafly, Innova Feed, HiProMine
Segmentation
of Edible Insects market:
In
market segmentation by Product Type, Edible Insects Market report covers:
Insect
Flour, Cookies, Chocolate, Tortilla Style Chips, Insect Protein Bar And Shakes,
Insect Meal, Snacks, Insect Beverages, Oils, Others
In
market segmentation by Application, Edible
Insects Market report covers:
Human Consumption, Animal Feed, Cosmetics, Pharmaceuticals,
Others
Market Segment by Regions and Countries Level
Analysis:
·
North America (U.S., Canada, Mexico)
·
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
·
Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
·
Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
·
South America (Brazil, Argentina, Rest of South America)
Covid-19 Impact and Recovery Analysis on Industry:
We've kept track of Covid-19's direct impact on this
market as well as its indirect impact on other industries. During the analysis
period, the impact of the Covid-19 pandemic on the market is predicted to be
significant. From a worldwide and regional viewpoint, this report examines the
influence of the pandemic on the Edible
Insects industry. The study categories the
Edible Insects industry by type, application, and consumer sector to
determine market size, market features, and market growth. It also includes a
thorough examination of the factors that influenced market development before
and after the Covid-19 pandemic. In addition, the research did a pest analysis
in the sector to investigate major influencers and entrance obstacles.
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Edible Insects Market Report
contains market data from 2022 to 2028, which provides an overview of the
market covering key drivers and risk factors. The report is segmented by top
global manufacturers that mention sales, revenue and applicable prices. It also
evaluates the competitive scenarios of key players. The report is expanded to
include regional market data along with types and applications. This report
forecasts sales and revenue from 2022to 2028. Detailed sales channels are also
covered in the study.
Scope and Segmentation Of The Edible Insects Market Research Report
|
Report Coverage |
Details |
|
Forecast Period |
2021 to 2028 |
|
Forecast Period 2021 to 2028 CAGR |
22.4% |
|
2027 Value Projection |
USD 355.3 Million |
|
Base Year |
|
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