Edible Insects Market Size - By Product, Application, Industry Analysis Report, Growth Prospects, Regional Outlook & Global Forecast, 2023

Description

List of Tables

Global Edible Insects Market will witness over 47% CAGR between 2023 and 2032 propelled by restaurants championing sustainability through insect-based cuisine. Rising environmental consciousness fosters a shift towards insect consumption due to its low ecological footprint.

For instance, in July 2023, In Japan, a restaurant emphasizing food sustainability introduced insects as part of their menu. Taeko Saito, the founder of Tokyo's Take-Noko, aims to integrate insects seamlessly into meals alongside vegetables, fish, and meat. Take-Noko offers diverse insect-infused dishes like cricket meatball curry, seasonings from dried bugs, and cider derived from giant water bug extract. Additionally, Pasco, a renowned bakery brand, crafts cakes, and snacks using cricket flour. Notably, Japanese companies such as Nichirei, a processed food maker, and Nippon Telegraph and Telephone, a telecom giant, have recently invested in insect-related ventures.

Restaurants, embracing this trend, highlight insects' nutritional value and environmental benefits, enticing consumers seeking eco-friendly dining options. As these establishments integrate insect-based dishes into menus, the market responds to the growing interest, reflecting a broader societal shift towards sustainable food choices and a more diverse culinary landscape.

The overall Edible Insects Market share is classified based on the product, application, and region.

Beetles segment will undergo significant development from 2023 to 2032. Their nutritional profile and versatility in culinary applications fuel this surge. With high protein content and unique flavors, beetle-based products attract attention across various cuisines and dietary preferences. Their integration into gourmet dishes, snacks, and even as a protein-rich ingredient in health foods amplifies their market appeal. As consumer interest grows in sustainable and innovative food sources, beetles stand out, driving a significant upsurge in demand within the Edible Insects Market.

Edible insects market size from the snacks segment will register a noteworthy CAGR from 2023 to 2032. Insect-based snacks cater to evolving consumer tastes, offering novel and sustainable alternatives packed with protein and nutrients. Their incorporation into chips, bars, and savory bites taps into the snacking culture, presenting eco-friendly choices without compromising flavor. As health-conscious consumers seek nutritious yet convenient options, insect-based snacks emerge as a popular choice, driving a growing market segment responding to the evolving preferences and sustainability concerns of modern snack enthusiasts.

MEA edible insects industry will showcase a commendable CAGR from 2023 to 2032. Embracing traditional culinary practices, the region integrates insects into its diverse cuisine, capitalizing on their rich nutritional value. With a cultural appreciation for protein-rich foods, insects serve as an ancient yet innovative dietary source. MEA's burgeoning population, coupled with a growing interest in sustainable nutrition, propels the market's expansion. As the region explores alternative protein sources, the Edible Insects Market thrives, aligning with evolving consumer preferences and ecological consciousness. For instance, in October 2023, During a notable occasion hosted at Zimbabwe's Chinhoyi University of Technology, the unveiling of the "Edible Insects: Food for the Future" cookbook marked a significant stride toward sustainable food security in Africa. This cookbook showcases the untapped potential of edible insects within African cuisine.

Product Code: 501

Chapter 1 Methodology & Scope

1.1 Methodology
1.2 Market definitions
1.3 Market estimation & forecast parameters
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid Sources
  - 1.4.2.2 Public Sources

Chapter 2 Executive Summary

2.1 Edible insects industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Product trends
- 2.1.4 Application trends

Chapter 3 Edible Insects Industry Insights

3.1 Industry segmentation
3.2 Industry landscape, 2018 - 2032
3.3 Industry ecosystem analysis
- 3.3.1 Distribution channel analysis
  - 3.3.1.1 Collaboration/Partnership
  - 3.3.1.2 E-commerce (Online)
  - 3.3.1.3 Retailers
  - 3.3.1.4 Direct
  - 3.3.1.5 Street vendor and local shops
- 3.3.2 Vendor matrix
3.4 Innovation & sustainability
3.5 Regulatory landscape
- 3.5.1 European Food Safety Agency (EFSA)
- 3.5.2 EU
- 3.5.3 Codex Alimentarius
- 3.5.4 Federal Food, Drug, and Cosmetic Act (FFDCA)
- 3.5.5 Health Canada
- 3.5.6 French Federation of Producers, Importers and Distributors of Insects (FFPIDI)
3.6 Industry impact forces
- 3.6.1 Growth Drivers
  - 3.6.1.1 Asia Pacific: Growing demand owing to high nutritional value and application in functional foods
  - 3.6.1.2 Europe: Rising adoption of edible insects in food application as protein supplement
  - 3.6.1.3 Low environmental impact
  - 3.6.1.4 Low cost of raw materials and transportation
- 3.6.2 Industry pitfalls & challenges
  - 3.6.2.1 Limited technology and lack of knowledge
  - 3.6.2.2 Lack of regulatory clarity
3.7 Growth potential analysis, 2022
- 3.7.1 Addressable market potential
- 3.7.2 Aquaculture industry
- 3.7.3 Poultry industry
3.8 Porter's analysis
3.9 Competitive landscape, 2022
- 3.9.1 Company market share, 2022
- 3.9.2 Top players overview
- 3.9.3 Strategy dashabord
3.10 PESTEL analysis

Chapter 4 Edible Insects Market, By Product

4.1 Key product trends
4.2 Beetles
- 4.2.1 Global edible insects market from beetles, 2018 - 2032, (USD Million)
- 4.2.2 Global edible insects market from beetles, by region, 2018 - 2032, (USD Million)
4.3 Caterpillars
- 4.3.1 Global edible insects market from Caterpillars, 2018 - 2032, (USD Million)
- 4.3.2 Global edible insects market from Caterpillars, by region, 2018 - 2032, (USD Million)
4.4 Grasshoppers, locusts & crickets
- 4.4.1 Global edible insects market from Grasshoppers, locusts & crickets, 2018 - 2032, (USD Million)
- 4.4.2 Global edible insects market from Grasshoppers, locusts & crickets, by region, 2018 - 2032, (USD Million)
4.5 Bees, wasps & ants
- 4.5.1 Global edible insects market from Bees, wasps & ants, 2018 - 2032, (USD Million)
- 4.5.2 Global edible insects market from Bees, wasps & ants, by region, 2018 - 2032, (USD Million)
4.6 Scale insects & tree bugs
- 4.6.1 Global edible insects market from Scale insects & tree bugs, 2018 - 2032, (USD Million)
- 4.6.2 Global edible insects market from Scale insects & tree bugs, by region, 2018 - 2032, (USD Million)
4.7 Others
- 4.7.1 Global edible insects market from Others, 2018 - 2032, (USD Million)
- 4.7.2 Global edible insects market from Others, by region, 2018 - 2032, (USD Million)

Chapter 5 Edible Insects Market, By Application

5.1 Key application trends
5.2 Flour
- 5.2.1 Global edible insects market from flour, 2018 - 2032, (USD Million)
- 5.2.2 Global edible insects market from flour, by region, 2018 - 2032, (USD Million)
5.3 Bar
- 5.3.1 Global edible insects market from bar, 2018 - 2032, (USD Million)
- 5.3.2 Global edible insects market from bar, by region, 2018 - 2032, (USD Million)
5.4 Snacks
- 5.4.1 Global edible insects market from snacks, 2018 - 2032, (USD Million)
- 5.4.2 Global edible insects market from snacks, by region, 2018 - 2032, (USD Million)
5.5 Others
- 5.5.1 Global edible insects market from others, 2018 - 2032, (USD Million)
- 5.5.2 Global edible insects market from others, by region, 2018 - 2032, (USD Million)

Chapter 6 Edible Insects Market, By Region

6.1 Key regional trends
6.2 North America
- 6.2.1 North America edible insects market, 2018 - 2032, (USD Million)
- 6.2.2 North America edible insects market, by product, 2018 - 2032, (USD Million)
- 6.2.3 North America edible insects market, by application, 2018 - 2032, (USD Million)
- 6.2.4 U.S.
  - 6.2.4.1 U.S. edible insects market, 2018 - 2032, (USD Million)
  - 6.2.4.2 U.S. edible insects market, by product, 2018 - 2032, (USD Million)
  - 6.2.4.3 U.S. edible insects market, by application, 2018 - 2032, (USD Million)
6.3 Europe
- 6.3.1 Europe edible insects market, 2018 - 2032, (USD Million)
- 6.3.2 Europe edible insects market, by product, 2018 - 2032, (USD Million)
- 6.3.3 Europe edible insects market, by application, 2018 - 2032, (USD Million)
- 6.3.4 Belgium
  - 6.3.4.1 Belgium edible insects market, 2018 - 2032, (USD Million)
  - 6.3.4.2 Belgium edible insects market, by product, 2018 - 2032, (USD Million)
  - 6.3.4.3 Belgium edible insects market, by application, 2018 - 2032, (USD Million)
- 6.3.5 Netherlands
  - 6.3.5.1 Netherlands edible insects market, 2018 - 2032, (USD Million)
  - 6.3.5.2 Netherlands edible insects market, by product, 2018 - 2032, (USD Million)
  - 6.3.5.3 Netherlands edible insects market, by application, 2018 - 2032, (USD Million)
- 6.3.6 UK
  - 6.3.6.1 UK edible insects market, 2018 - 2032, (USD Million)
  - 6.3.6.2 UK edible insects market, by product, 2018 - 2032, (USD Million)
  - 6.3.6.3 UK edible insects market, by application, 2018 - 2032, (USD Million)
- 6.3.7 France
  - 6.3.7.1 France edible insects market, 2018 - 2032, (USD Million)
  - 6.3.7.2 France edible insects market, by product, 2018 - 2032, (USD Million)
  - 6.3.7.3 France edible insects market, by application, 2018 - 2032, (USD Million)
6.4 Asia Pacific
- 6.4.1 Asia Pacific edible insects market, 2018 - 2032, (USD Million)
- 6.4.2 Asia Pacific edible insects market, by product, 2018 - 2032, (USD Million)
- 6.4.3 Asia Pacific edible insects market, by application, 2018 - 2032, (USD Million)
- 6.4.4 China
  - 6.4.4.1 China edible insects market, 2018 - 2032, (USD Million)
  - 6.4.4.2 China edible insects market, by product, 2018 - 2032, (USD Million)
  - 6.4.4.3 China edible insects market, by application, 2018 - 2032, (USD Million)
- 6.4.5 Thailand
  - 6.4.5.1 Thailand edible insects market, 2018 - 2032, (USD Million)
  - 6.4.5.2 Thailand edible insects market, by product, 2018 - 2032, (USD Million)
  - 6.4.5.3 Thailand edible insects market, by application, 2018 - 2032, (USD Million)
- 6.4.6 Vietnam
  - 6.4.6.1 Vietnam edible insects market, 2018 - 2032, (USD Million)
  - 6.4.6.2 Vietnam edible insects market, by product, 2018 - 2032, (USD Million)
  - 6.4.6.3 Vietnam edible insects market, by application, 2018 - 2032, (USD Million)
6.5 Latin America (LATAM)
- 6.5.1 Latin America (LATAM) edible insects market, 2018 - 2032, (USD Million)
- 6.5.2 Latin America (LATAM) edible insects market, by product, 2018 - 2032, (USD Million)
- 6.5.3 Latin America (LATAM) edible insects market, by application, 2018 - 2032, (USD Million)
- 6.5.4 Brazil
  - 6.5.4.1 Brazil edible insects market, 2018 - 2032, (USD Million)
  - 6.5.4.2 Brazil edible insects market, by product, 2018 - 2032, (USD Million)
  - 6.5.4.3 Brazil edible insects market, by application, 2018 - 2032, (USD Million)
- 6.5.5 Mexico
  - 6.5.5.1 Mexico edible insects market, 2018 - 2032, (USD Million)
  - 6.5.5.2 Mexico edible insects market, by product, 2018 - 2032, (USD Million)
  - 6.5.5.3 Mexico edible insects market, by application, 2018 - 2032, (USD Million)
6.6 Middle East & Africa (MEA)
- 6.6.1 Middle East & Africa (MEA) edible insects market, 2018 - 2032, (USD Million)
- 6.6.2 Middle East & Africa (MEA) edible insects market, by product, 2018 - 2032, (USD Million)
- 6.6.3 Middle East & Africa (MEA) edible insects market, by application, 2018 - 2032, (USD Million)

Chapter 7 Company Profiles

7.1 HaoCheng Mealworms, Inc.
- 7.1.1 Business Overview
- 7.1.2 Financial Data
- 7.1.3 Product Landscape
- 7.1.4 SWOT Analysis
7.2 Agriprotein Technologies
- 7.2.1 Business Overview
- 7.2.2 Financial Data
- 7.2.3 Product Landscape
- 7.2.4 SWOT Analysis
- 7.2.5 Strategic Outlook
7.3 Kreca
- 7.3.1 Business Overview
- 7.3.2 Financial Data
- 7.3.3 Product Landscape
- 7.3.4 SWOT Analysis
7.4 EnviroFlight
- 7.4.1 Business Overview
- 7.4.2 Financial Data
- 7.4.3 Product Landscape
- 7.4.4 SWOT Analysis
- 7.4.5 Strategic Outlook
7.5 Proti-Farm
- 7.5.1 Business Overview
- 7.5.2 Financial Data
- 7.5.3 Product Landscape
- 7.5.4 SWOT Analysis
- 7.5.5 Strategic Outlook
7.6 Chapul LLC
- 7.6.1 Business Overview
- 7.6.2 Financial Data
- 7.6.3 Product Landscape
- 7.6.4 SWOT Analysis
- 7.6.5 Strategic Outlook
7.7 Exo Protein
- 7.7.1 Business Overview
- 7.7.2 Financial Data
- 7.7.3 Product Landscape
- 7.7.4 SWOT Analysis
- 7.7.5 Strategic Outlook
7.8 Thailand Unique
- 7.8.1 Business Overview
- 7.8.2 Financial Data
- 7.8.3 Product Landscape
- 7.8.4 SWOT Analysis
7.9 Six Foods
- 7.9.1 Business Overview
- 7.9.2 Financial Data
- 7.9.3 Product Landscape
- 7.9.4 SWOT Analysis
- 7.9.5 Strategic Outlook
7.10 Bitty Foods
- 7.10.1 Business Overview
- 7.10.2 Financial Data
- 7.10.3 Product Landscape
- 7.10.4 SWOT Analysis
7.11 Gathr Foods
- 7.11.1 Business Overview
- 7.11.2 Financial Data
- 7.11.3 Product Landscape
- 7.11.4 SWOT Analysis
- 7.11.5 Strategic Outlook
7.12 Crowbar Protein
- 7.12.1 Business Overview
- 7.12.2 Financial Data
- 7.12.3 Product Landscape
- 7.12.4 SWOT Analysis
7.13 Green Kow
- 7.13.1 Business Overview
- 7.13.2 Financial Data
- 7.13.3 Product Landscape
- 7.13.4 SWOT Analysis
7.14 Edible Inc.
- 7.14.1 Business Overview
- 7.14.2 Financial Data
- 7.14.3 Product Landscape
- 7.14.4 SWOT Analysis
7.15 Crik Nutrition
- 7.15.1 Business Overview
- 7.15.2 Financial Data
- 7.15.3 Product Landscape
- 7.15.4 SWOT Analysis
7.16 Nutribug Ltd.
- 7.16.1 Business Overview
- 7.16.2 Financial Data
- 7.16.3 Product Landscape
- 7.16.4 SWOT Analysis
- 7.16.5 Strategic Outlook
7.17 Cricket Flours
- 7.17.1 Business Overview
- 7.17.2 Financial Data
- 7.17.3 Product Landscape
- 7.17.4 SWOT Analysis
- 7.17.5 Strategic Outlook
7.18 Crickers
- 7.18.1 Business Overview
- 7.18.2 Financial Data
- 7.18.3 Product Landscape
- 7.18.4 SWOT Analysis
7.19 Bugsolutely
- 7.19.1 Business Overview
- 7.19.2 Financial Data
- 7.19.3 Product Landscape
- 7.19.4 SWOT Analysis
7.20 Bensbugs
- 7.20.1 Business Overview
- 7.20.2 Financial Data
- 7.20.3 Product Landscape
- 7.20.4 SWOT Analysis
7.21 Ecobars Pty Ltd.
- 7.21.1 Business Overview
- 7.21.2 Financial Data
- 7.21.3 Product Landscape
- 7.21.4 SWOT Analysis
7.22 LaViewEye
- 7.22.1 Business Overview
- 7.22.2 Financial Data
- 7.22.3 Product Landscape
- 7.22.4 SWOT Analysis
7.23 Bugeater Foods
- 7.23.1 Business Overview
- 7.23.2 Financial Data
- 7.23.3 Product Landscape
- 7.23.4 SWOT Analysis
7.24 Insectitos
- 7.24.1 Business Overview
- 7.24.2 Financial Data
- 7.24.3 Product Landscape
- 7.24.4 SWOT Analysis
7.25 Fluker's Cricket Farm Inc
- 7.25.1 Business Overview
- 7.25.2 Financial Data
- 7.25.3 Product Landscape
- 7.25.4 SWOT Analysis
7.26 Entomo Farms
- 7.26.1 Business Overview
- 7.26.2 Financial Data
- 7.26.3 Product Landscape
- 7.26.4 SWOT Analysis
7.27 Micronutris
- 7.27.1 Business Overview
- 7.27.2 Financial Data
- 7.27.3 Product Landscape
- 7.27.4 SWOT Analysis
7.28 Entotech
- 7.28.1 Business Overview
- 7.28.2 Financial Data
- 7.28.3 Product Landscape
- 7.28.4 SWOT Analysis
7.29 Ynsect
- 7.29.1 Business Overview
- 7.29.2 Financial Data
- 7.29.3 Product Landscape
- 7.29.4 SWOT Analysis