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Edible Insects Market Size, Share Analysis 2024-2030 | Industry Insights by Future Opportunities, Leading Players, and Trends
Global Edible Insects Market Outlook – 2024-2030
The most recent market study report, titled “Edible Insects Market” Global Industry Size, Trends, Share, Growth Opportunity and Forecast 2024-2030 by MarkNtel Advisors provides unique and valuable insights into market dynamics and business owners a competitive edge. The accuracy and reliability of the data are thoroughly verified by our analyst experts and opinion leaders. By leveraging a combination of primary and secondary research, this report presents the information in a uniquely organized manner, utilizing tables, facts & figures, and charts to offer unparalleled clarity and comprehension of the market landscape.
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Global Edible Insects Market Growth Opportunity 2024-2030:
Surge in Demand for Black Soldier Fly (BSF)-based Products to Present Profitable Opportunities – Emerging regions such as Asia, Africa, and Latin America, are expected to witness exponential growth in dietary patterns in tandem with economic growth, leading to a 70% increase in the demand for Black Soldier Fly (BSF) Based Products by 2050. The demand for BSF products is increasing due to affordable feed costs, as feed costs generally account for 15-20% of the total livestock production costs. Hence, the need for sustainable BSF products has increased interest in using insects as feed (edible) ingredients.
Competitive Analysis
Thoroughly examining competitors' market share, pivotal developments, and business strategies yields crucial insights into the competitive landscape. This analysis delves into factors like business description, product portfolio, strategic alliances or partnerships, recent developments, financial details, and others for identifying major players.
Leading players operating in the Global 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
· Others
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Segmentation Summary – Edible Insects Market
Breakdown of Segments, 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)
Breakdown of Segments, 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)
Breakdown of Segments, 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)
Regional Insights:
• North America
• Europe
• Asia Pacific
• Middle East/Africa
• South America
Among all regions globally, the Asia-Pacific capture the largest share of the global Edible Insects market during the forecast period.
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Frequently Asking Questions (FAQ’s):
· Which companies lead the global Edible Insects market?
· How will current trends shape the market in the coming years?
· What opportunities, challenges, and driving forces characterize the Edible Insects Industry?
· Which specific Edible Insects market segments should industry players target to capitalize on recent technological advancements?
· What is the projected growth rate of the global Edible Insects market?
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