Global Edible Insects Market Analysis

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Global Edible Insects Market Analysis

  • Food & Beverage
  • Upcoming Report
  • Nov 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

The edible insects market is gaining momentum as consumers increasingly recognize the nutritional and environmental benefits of incorporating insects into their diets. Known as entomophagy, the practice of eating insects has deep historical roots across various ethnic groups and cultures. Insects, classified as invertebrates under the phylum Arthropoda, represent one of the most diverse animal groups on the planet, with over 1,900 recognized species deemed edible by the Food and Agriculture Organization (FAO). These species are consumed by approximately 2 billion people globally, often as part of traditional diets. Commonly consumed insects include beetles, moths, caterpillars, ants, crickets, and grasshoppers, all of which are valued for their high nutritional content. Rich in protein, healthy fats, vitamins, fiber, and minerals, edible insects present a sustainable alternative to conventional livestock. As the demand for sustainable protein sources rises amid concerns over climate change and food security, the edible insects market is poised for substantial growth, driven by increased consumer awareness and acceptance, innovations in insect farming, and expanding product offerings in both human and animal nutrition sectors.

Frequently Asked Questions

The market is segmented based on Segmentation, By Insect Type (Crickets, Mealworms, Black Soldier Flies, Buffalo's, Grasshoppers, Ants, Silkworms, Cicadas, and Others), Insect Category (Regular Insects, and Premium Diet-Fed Insects), Application (Human Consumption Products, Animal Nutrition, Insect Oil, Pharmaceuticals, Cosmetics, Personal Care, and Others), Distribution Channel (Direct and Indirect) – Industry Trends and Forecast to 2031 .
The Global Edible Insects Market size was valued at USD 789.79 USD Million in 2023.
The Global Edible Insects Market is projected to grow at a CAGR of 24.8% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.