MarkNtel Advisors recently published a detailed industry analysis of the Edible Insects Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Edible Insects Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Edible Insects Market size is estimated to grow at a CAGR of around 25.2% during the forecast period, i.e., 2024-30.

What are the major Driver the Edible Insects industry?

Rising Awareness about Various Health Benefits of Edible Insects – One of the main factors propelling the Global Edible Insects Market is growing consumer awareness of the numerous health advantages of edible insects. Insects are becoming more popular as alternative protein sources because people are becoming more aware of traditional livestock husbandry's negative effects on the environment and sustainability. In addition, edible insects are a nutrient-dense food choice since they are high in protein, good fats, vitamins, and minerals.

Moreover, compared to traditional livestock, insects require less land, water, and feed, which adds to their allure as a sustainable food source. The demand for insect-based goods is rising globally as people become more aware of the possible health advantages of including edible insects in their diets and are becoming more concerned about environmental sustainability & food security.

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What segments define the Edible Insects market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

• By Insect Type
  • Crickets- Market Size & Forecast 2019-2030, (USD Million)
  • Mealworms- Market Size & Forecast 2019-2030, (USD Million)
  • Black Soldier Flies- Market Size & Forecast 2019-2030, (USD Million)
  • Grasshoppers- Market Size & Forecast 2019-2030, (USD Million)
  • Ants- Market Size & Forecast 2019-2030, (USD Million)
  • Buffalo’s Worm- Market Size & Forecast 2019-2030, (USD Million)
  • Silkworms- Market Size & Forecast 2019-2030, (USD Million)
  • Cicadas- Market Size & Forecast 2019-2030, (USD Million)
  • Beetles- Market Size & Forecast 2019-2030, (USD Million)
  • Caterpillar- Market Size & Forecast 2019-2030, (USD Million)
  • Others- Market Size & Forecast 2019-2030, (USD Million)

According to report, the Crickets insects type segment held the major share of the Global Edible Insects Market in 2023.

• By Product Type
  • Insect Powder- Market Size & Forecast 2019-2030, (USD Million)
  • Protein Bars- Market Size & Forecast 2019-2030, (USD Million)
  • Whole Insects- Market Size & Forecast 2019-2030, (USD Million)

According to report, both Insect powder & protein bars altogether accounted for the largest share of the Edible Insects Market over the past few years, owing prominently to their hassle-free transportation, storage, handling, & application.

• By End User
  • Human Consumption- Market Size & Forecast 2019-2030, (USD Million)
  • Animal Feed- Market Size & Forecast 2019-2030, (USD Million)
  • Agriculture- Market Size & Forecast 2019-2030, (USD Million)

Explore the Complete Edible Insects Market Analysis Report – https://www.marknteladvisors.com/research-library/edible-insects-market.html

Geographical Analysis: Edible Insects Market

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

Edible Insects Market Share & Competitive Landscape:

The Edible Insects Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Edible Insects Market are:

• 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
• Ÿnsect SAS

Edible Insects Industry Recent Development:

• 2023: Ÿnsect, a leading player in insect production, created a genotyping chip named Axiom® YNS_Mol1, a world-first for insect breeding and a noteworthy step in the evolution of the selection of larvae lines to produce insect-based proteins.
• 2022: By investing USD 250 million and boosting the production facility of black soldier flies farming in Decatur, Illinois, InnovaFeed, a French company with support from ADM and Cargill, expanded its presence in the edible insect industry.
• 2022: All Things Bugs LLC announced that it had become the first in the US to receive a US patent for its unique production method regarding the use of insects in sustainable food production.

 Questions Addressed in this Study

1.What factors are driving the Edible Insects Market growth?

2.How is the Edible Insects Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Edible Insects Market?

4.What is the current size of the Edible Insects Market, and how is it projected to change in the future?

6.What is the future outlook for the Edible Insects Market in terms of technological advancements and market expansion?

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