Edible Insects Market by Product (Whole Insect, Insect Powder, Insect Meal, Insect Oil), Application (Animal Feed, Human Consumption, Cosmetics, Pharmaceuticals, Others)and Geography - Forecast to 2028
The Final Report will cover the analysis of the Impact of Covid-19 on this industry.
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
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
2021 to 2028
Forecast Period 2021 to 2028 CAGR
2027 Value Projection
USD 355.3 Million
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