Edible Insects For Human Consumption Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently released a detailed report on the global Edible Insects for Human Consumption Market, offering an extensive analysis of market dynamics, including growth drivers, emerging trends, opportunities, and challenges. The report provides a thorough understanding of the market landscape, helping stakeholders navigate this evolving sector.

Key Insights:

Edible Insects Market Size (2024E): USD 688.2 Mn
Projected Market Value (2033F): USD 1093.2 Mn
Global Market Growth Rate (CAGR 2024 to 2033): 5.3%

Edible Insects for Human Consumption Market - Report Scope:

The Edible Insects for Human Consumption Market is witnessing significant growth due to the rising demand for sustainable and nutritious food sources. Edible insects are considered a viable solution to food security challenges, offering high protein content, essential nutrients, and a lower environmental impact compared to traditional livestock. The market is expanding as consumers become more aware of the benefits of insect-based foods, including their role in reducing greenhouse gas emissions, conserving water, and promoting sustainable agriculture. Key applications include food products such as snacks, protein bars, and insect-based powders, which are increasingly being adopted in regions like North America, Europe, and Asia-Pacific.

Market Growth Drivers:

The global Edible Insects for Human Consumption Market is primarily driven by the increasing need for sustainable food solutions amid growing concerns about food security and environmental sustainability. The high nutritional value of edible insects, coupled with their low resource requirements for production, is attracting interest from both consumers and food manufacturers. Additionally, the growing trend towards alternative protein sources and the rising awareness of the environmental benefits of insect farming are further propelling market growth. Government support and favorable regulations in regions like Europe are also contributing to the expansion of this market.

Market Restraints:

Despite the potential of the Edible Insects for Human Consumption Market, several challenges may hinder its growth. Consumer acceptance remains a significant barrier, particularly in regions where entomophagy (the practice of eating insects) is not culturally ingrained. Furthermore, the lack of standardized regulations and the limited availability of insect-based products in mainstream retail channels pose additional challenges. Addressing these issues requires effective marketing strategies to educate consumers and the development of a robust regulatory framework to ensure product safety and quality.

Market Opportunities:

The Edible Insects for Human Consumption Market presents substantial growth opportunities, driven by technological advancements and shifting consumer preferences towards sustainable diets. Innovations in insect farming techniques, such as automation and vertical farming, are expected to enhance production efficiency and scalability. Additionally, the growing popularity of plant-based and alternative proteins provides a favorable environment for the introduction of insect-based food products. Strategic partnerships, investment in research and development, and the expansion of distribution networks are crucial for companies looking to capitalize on these opportunities and drive market growth.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the Edible Insects for Human Consumption Market globally?
Which regions are leading the adoption of edible insects, and what are the key market segments?
How are technological innovations influencing the production and distribution of insect-based foods?
Who are the leading players in the Edible Insects for Human Consumption Market, and what strategies are they employing to stay competitive?
What are the emerging trends and future prospects in the global Edible Insects for Human Consumption Market?

Competitive Intelligence and Business Strategy:

Leading companies in the global Edible Insects for Human Consumption Market, such as Protix, Entomo Farms, and Aspire Food Group, are focusing on innovation, product development, and strategic partnerships to strengthen their market position. These companies are investing in research and development to enhance the nutritional profile of their products, improve production efficiency, and expand their product offerings. Collaborations with food manufacturers, retailers, and regulatory bodies are essential to increase market penetration and consumer acceptance. Emphasizing sustainability, transparency in sourcing, and consumer education are key strategies for maintaining a competitive edge in this rapidly evolving market.

Key Companies Profiled:

Protifarm Holding NV
Protix
HaoCheng Mealworm Inc.
Kreca Ento-Food BV
Chapul Cricket Protein
Exo Protein
JR Unique Foods Ltd., Part.
Entomo Farms
Craft Crickets Inc.
Crik Nutrition
Nutribug Ltd.
Cricket Flours LLC.
Bugsolutely Ltd.
DeliBugs

Edible Insects for Human Consumption Industry Research by Category

By Insect Type:

Beetles
Caterpillar
Hymenoptera
Orthoptera
True Bugs

By Product Type:

Whole
Ingredient

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

Product Code: PMRREP31674

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies

5. Global Market - Pricing Analysis

5.1. Regional Pricing Analysis
5.2. Global Average Pricing Analysis Benchmark

6. Global Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033

6.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
6.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 6.2.1. Y-o-Y Growth Trend Analysis
- 6.2.2. Absolute $ Opportunity Analysis

7. Market Background

7.1. Macro-Economic Factors
- 7.1.1. Global GDP Growth Outlook
- 7.1.2. Global Industry Value Added
- 7.1.3. Global Urbanization Growth Outlook
- 7.1.4. Global Food Security Index Outlook
- 7.1.5. Global Rank - Ease of Doing Business
- 7.1.6. Global Rank - Trading Across Borders
7.2. Global Food & Beverage Industry Outlook
7.3. End Use Industry Demand Analysis
7.4. Industry Value and Supply Chain Analysis
- 7.4.1. Profit Margin Analysis at each point of sales
  - 7.4.1.1. Market Processors
  - 7.4.1.2. Distributors/Suppliers/Wholesalers
  - 7.4.1.3. Traders/Retailers
  - 7.4.1.4. End-Users
7.5. Key Certifications/Claims
7.6. Key Regulations
7.7. Market Dynamics
- 7.7.1. Drivers
- 7.7.2. Restraints
- 7.7.3. Opportunity Analysis
7.8. Forecast Factors - Relevance & Impact

8. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Insect Type

8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Insect Type, 2019-2023
8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Insect Type, 2024-2033
- 8.3.1. Beetles
- 8.3.2. Caterpillar
- 8.3.3. Hymenoptera
- 8.3.4. Orthoptera
- 8.3.5. True Bugs
- 8.3.6. Others
8.4. Market Attractiveness Analysis By Insect Type

9. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Product Type

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2019-2023
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2024-2033
9.4. Whole
- 9.4.1. Steam or Fried
- 9.4.2. Raw
- 9.4.3. BBQ
9.5. Ingredient
- 9.5.1. Drinks
- 9.5.2. Insect Confectionery
- 9.5.3. Snacks & Baked Products
- 9.5.4. Others
9.6. Market Attractiveness Analysis By Product Type

10. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Region

10.1. Introduction
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2019-2023
10.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2024-2033
- 10.3.1. North America
- 10.3.2. Latin America
- 10.3.3. Europe
- 10.3.4. East Asia
- 10.3.5. South Asia & Pacific
- 10.3.6. Middle East and Africa (MEA)
10.4. Market Attractiveness Analysis By Region

11. North America Market Analysis 2019-2023 and Forecast 2024-2033

11.1. Introduction
11.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
11.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 11.3.1. By Country
  - 11.3.1.1. U.S.
  - 11.3.1.2. Canada
- 11.3.2. By Insect Type
- 11.3.3. By Product Type
11.4. Market Attractiveness Analysis
- 11.4.1. By Country
- 11.4.2. By Insect Type
- 11.4.3. By Product Type
11.5. Drivers and Restraints - Impact Analysis

12. Latin America Market Analysis 2019-2023 and Forecast 2024-2033

12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
12.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 12.3.1. By Country
  - 12.3.1.1. Brazil
  - 12.3.1.2. Mexico
  - 12.3.1.3. Rest of Latin America
- 12.3.2. By Insect Type
- 12.3.3. By Product Type
12.4. Market Attractiveness Analysis
- 12.4.1. By Country
- 12.4.2. By Insect Type
- 12.4.3. By Product Type
12.5. Drivers and Restraints - Impact Analysis

13. Europe Market Analysis 2019-2023 and Forecast 2024-2033

13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 13.3.1. By Country
  - 13.3.1.1. Germany
  - 13.3.1.2. Italy
  - 13.3.1.3. France
  - 13.3.1.4. U.K.
  - 13.3.1.5. Spain
  - 13.3.1.6. BENELUX
  - 13.3.1.7. Nordic
  - 13.3.1.8. Russia
  - 13.3.1.9. Poland
  - 13.3.1.10. Rest of Europe
- 13.3.2. By Insect Type
- 13.3.3. By Product Type
13.4. Market Attractiveness Analysis
- 13.4.1. By Country
- 13.4.2. By Insect Type
- 13.4.3. By Product Type
13.5. Drivers and Restraints - Impact Analysis

14. South Asia & Pacific Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 14.3.1. By Country
  - 14.3.1.1. India
  - 14.3.1.2. ASEAN
  - 14.3.1.3. Oceania (Australia & New Zealand)
  - 14.3.1.4. Rest of South Asia & Pacific
- 14.3.2. By Insect Type
- 14.3.3. By Product Type
14.4. Market Attractiveness Analysis
- 14.4.1. By Country
- 14.4.2. By Insect Type
- 14.4.3. By Product Type
14.5. Drivers and Restraints - Impact Analysis

15. East Asia Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 15.3.1. By Country
  - 15.3.1.1. China
  - 15.3.1.2. Japan
  - 15.3.1.3. South Korea
- 15.3.2. By Insect Type
- 15.3.3. By Product Type
15.4. Market Attractiveness Analysis
- 15.4.1. By Country
- 15.4.2. By Insect Type
- 15.4.3. By Product Type
15.5. Drivers and Restraints - Impact Analysis

16. Middle East and Africa Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
16.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 16.3.1. By Country
  - 16.3.1.1. GCC Countries
  - 16.3.1.2. Turkey
  - 16.3.1.3. South Africa
  - 16.3.1.4. Rest of Middle East and Africa
- 16.3.2. By Insect Type
- 16.3.3. By Product Type
16.4. Market Attractiveness Analysis
- 16.4.1. By Country
- 16.4.2. By Insect Type
- 16.4.3. By Product Type
16.5. Drivers and Restraints - Impact Analysis

17. Country Wise Market Analysis, 2024

17.1. Introduction
- 17.1.1. Market Value Proportion Analysis, By Key Countries
- 17.1.2. Global Vs. Country Growth Comparison
17.2. U.S. Market Analysis
- 17.2.1. By Insect Type
- 17.2.2. By Product Type
17.3. Canada Market Analysis
- 17.3.1. By Insect Type
- 17.3.2. By Product Type
17.4. East Asia Market Analysis
- 17.4.1. By Insect Type
- 17.4.2. By Product Type
17.5. Brazil Market Analysis
- 17.5.1. By Insect Type
- 17.5.2. By Product Type
17.6. Argentina Market Analysis
- 17.6.1. By Insect Type
- 17.6.2. By Product Type
17.7. Germany Market Analysis
- 17.7.1. By Insect Type
- 17.7.2. By Product Type
17.8. Italy Market Analysis
- 17.8.1. By Insect Type
- 17.8.2. By Product Type
17.9. France Market Analysis
- 17.9.1. By Insect Type
- 17.9.2. By Product Type
17.10. U.K. Market Analysis
- 17.10.1. By Insect Type
- 17.10.2. By Product Type
17.11. Spain Market Analysis
- 17.11.1. By Insect Type
- 17.11.2. By Product Type
17.12. Poland Market Analysis
- 17.12.1. By Insect Type
- 17.12.2. By Product Type
17.13. Russia Market Analysis
- 17.13.1. By Insect Type
- 17.13.2. By Product Type
17.14. China Market Analysis
- 17.14.1. By Insect Type
- 17.14.2. By Product Type
17.15. Japan Market Analysis
- 17.15.1. By Insect Type
- 17.15.2. By Product Type
17.16. S. Korea Market Analysis
- 17.16.1. By Insect Type
- 17.16.2. By Product Type
17.17. India Market Analysis
- 17.17.1. By Insect Type
- 17.17.2. By Product Type
17.18. Australia Market Analysis
- 17.18.1. By Insect Type
- 17.18.2. By Product Type
17.19. New Zealand Market Analysis
- 17.19.1. By Insect Type
- 17.19.2. By Product Type

18. Market Structure Analysis

18.1. Market Analysis by Tier of Companies
18.2. Market Concentration
18.3. Market Presence Analysis

19. Competition Analysis

19.1. Competition Dashboard
19.2. Competition Deep Dive
- 19.2.1. Protifarm Holding NV
  - 19.2.1.1. Overview
  - 19.2.1.2. Product Portfolio
  - 19.2.1.3. Sales Footprint
  - 19.2.1.4. Key Developments
  - 19.2.1.5. Strategy Overview
- 19.2.2. Protix
  - 19.2.2.1. Overview
  - 19.2.2.2. Product Portfolio
  - 19.2.2.3. Sales Footprint
  - 19.2.2.4. Key Developments
  - 19.2.2.5. Strategy Overview
- 19.2.3. HaoCheng Mealworm Inc.
  - 19.2.3.1. Overview
  - 19.2.3.2. Product Portfolio
  - 19.2.3.3. Sales Footprint
  - 19.2.3.4. Key Developments
  - 19.2.3.5. Strategy Overview
- 19.2.4. Kreca Ento-Food BV
  - 19.2.4.1. Overview
  - 19.2.4.2. Product Portfolio
  - 19.2.4.3. Sales Footprint
  - 19.2.4.4. Key Developments
  - 19.2.4.5. Strategy Overview
- 19.2.5. Chapul Cricket Protein
  - 19.2.5.1. Overview
  - 19.2.5.2. Product Portfolio
  - 19.2.5.3. Sales Footprint
  - 19.2.5.4. Key Developments
  - 19.2.5.5. Strategy Overview
- 19.2.6. Exo Protein
  - 19.2.6.1. Overview
  - 19.2.6.2. Product Portfolio
  - 19.2.6.3. Sales Footprint
  - 19.2.6.4. Key Developments
  - 19.2.6.5. Strategy Overview
- 19.2.7. JR Unique Foods Ltd., Part.
  - 19.2.7.1. Overview
  - 19.2.7.2. Product Portfolio
  - 19.2.7.3. Sales Footprint
  - 19.2.7.4. Key Developments
  - 19.2.7.5. Strategy Overview
- 19.2.8. Entomo Farms
  - 19.2.8.1. Overview
  - 19.2.8.2. Product Portfolio
  - 19.2.8.3. Sales Footprint
  - 19.2.8.4. Key Developments
  - 19.2.8.5. Strategy Overview
- 19.2.9. Craft Crickets Inc.
  - 19.2.9.1. Overview
  - 19.2.9.2. Product Portfolio
  - 19.2.9.3. Sales Footprint
  - 19.2.9.4. Key Developments
  - 19.2.9.5. Strategy Overview
- 19.2.10. Crik Nutrition
  - 19.2.10.1. Overview
  - 19.2.10.2. Product Portfolio
  - 19.2.10.3. Sales Footprint
  - 19.2.10.4. Key Developments
  - 19.2.10.5. Strategy Overview
- 19.2.11. Nutribug Ltd.
  - 19.2.11.1. Overview
  - 19.2.11.2. Product Portfolio
  - 19.2.11.3. Sales Footprint
  - 19.2.11.4. Key Developments
  - 19.2.11.5. Strategy Overview
- 19.2.12. Cricket Flours LLC.
  - 19.2.12.1. Overview
  - 19.2.12.2. Product Portfolio
  - 19.2.12.3. Sales Footprint
  - 19.2.12.4. Key Developments
  - 19.2.12.5. Strategy Overview
- 19.2.13. Bugsolutely Ltd.
  - 19.2.13.1. Overview
  - 19.2.13.2. Product Portfolio
  - 19.2.13.3. Sales Footprint
  - 19.2.13.4. Key Developments
  - 19.2.13.5. Strategy Overview
- 19.2.14. DeliBugs
  - 19.2.14.1. Overview
  - 19.2.14.2. Product Portfolio
  - 19.2.14.3. Sales Footprint
  - 19.2.14.4. Key Developments
  - 19.2.14.5. Strategy Overview