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Edible Insects Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global edible insects market is expected to exhibit a CAGR of 18.77% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Edible insects are specific insect species that are consumed by humans as they are good sources of vitamins, protein, zinc, fiber, iron, omega-3 and omega-6 fatty acids, and amino acids. They include grasshoppers, crickets, ants, termites, bees, beetles, caterpillars, mealworms, and stinkbugs. They are roasted, dried, and powdered to form high protein and low-calorie flour. They are used as a key ingredient in the preparation of animal feed on account of their greater food conversion rate and lower production cost. Besides this, edible insects offer numerous environmental and nutritional benefits, which include minimal greenhouse gas emissions and improved prevention and management of chronic diseases. As a result, these insects find extensive applications in the food and beverage (F&B) industry and agriculture sector to enrich crops with essential nutrients.

Edible Insects Market Trends:

The growing geriatric population and the increasing prevalence of chronic medical disorders represent one of the key factors positively influencing the market. In addition, the rising health awareness among individuals, coupled with changing dietary patterns, is driving the demand for high protein, low fat and economical food source. The shifting inclination towards protein-rich edible items is also creating a positive outlook for the global market. Apart from this, increasing farming of insects due to minimum investment, along with the rising cases of livestock diseases, is propelling consumers to opt for safe and economically edible insect products. The industry players are currently relying on innovative methods to expand their consumer base and sell their products by offering exciting offers, free samples, and attractive packaging. Furthermore, they are focusing on marketing campaigns and research and development (R&D) activities to capitalize on emerging trends in the F&B industry by introducing innovative products.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global edible insects market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, product and application.

Breakup by Type:

  • Beetles
  • Cricket
  • Caterpillars
  • Grasshoppers
  • Bees
  • Ants
  • Others
     

Breakup by Product:

  • Whole Insects
  • Insect Powder
  • Insect Meal
  • Insect Oil
     

Breakup by Application:

  • Food and Beverage
  • Bakery
  • Pet Food
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being All Things Bugs LLC, Bugsolutely Ltd., Chapul LLC, DeliBugs, Eat Grub Ltd., Entomo Farms, EnviroFlight LLC, EXO Protein (Aspire Food Group), Fluker's Cricket Farm Inc., Jr Unique Foods Ltd., Nutribug Ltd. and Thailand Unique.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Product, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered All Things Bugs LLC, Bugsolutely Ltd., Chapul LLC, DeliBugs, Eat Grub Ltd., Entomo Farms, EnviroFlight LLC, EXO Protein (Aspire Food Group), Fluker's Cricket Farm Inc., Jr Unique Foods Ltd., Nutribug Ltd. and Thailand Unique.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global edible insects market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global edible insects market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global edible insects market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Edible Insects Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Beetles
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Cricket
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Caterpillars
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Grasshoppers
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Bees
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Ants
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Others
        6.7.1 Market Trends
        6.7.2 Market Forecast
7    Market Breakup by Product
    7.1    Whole Insects
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Insect Powder
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Insect Meal
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Insect Oil
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Application
    8.1    Food and Beverage
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Bakery
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Pet Food
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    All Things Bugs LLC
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Bugsolutely Ltd.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Chapul LLC
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    DeliBugs
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Eat Grub Ltd.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Entomo Farms
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    EnviroFlight LLC
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    EXO Protein (Aspire Food Group)
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Fluker's Cricket Farm Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Jr Unique Foods Ltd.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Nutribug Ltd.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Thailand Unique
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Edible Insects Market: Major Drivers and Challenges
Figure 2: Global: Edible Insects Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Edible Insects Market: Breakup by Type (in %), 2021
Figure 5: Global: Edible Insects Market: Breakup by Product (in %), 2021
Figure 6: Global: Edible Insects Market: Breakup by Application (in %), 2021
Figure 7: Global: Edible Insects Market: Breakup by Region (in %), 2021
Figure 8: Global: Edible Insects (Beetles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Edible Insects (Beetles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Edible Insects (Cricket) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Edible Insects (Cricket) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Edible Insects (Caterpillars) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Edible Insects (Caterpillars) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Edible Insects (Grasshoppers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Edible Insects (Grasshoppers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Edible Insects (Bees) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Edible Insects (Bees) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Edible Insects (Ants) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Edible Insects (Ants) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Edible Insects (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Edible Insects (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Edible Insects (Whole Insects) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Edible Insects (Whole Insects) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Edible Insects (Insect Powder) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Edible Insects (Insect Powder) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Edible Insects (Insect Meal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Edible Insects (Insect Meal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Edible Insects (Insect Oil) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Edible Insects (Insect Oil) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Edible Insects (Food and Beverage) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Edible Insects (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Edible Insects (Bakery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Edible Insects (Bakery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Edible Insects (Pet Food) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Edible Insects (Pet Food) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Edible Insects (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Edible Insects (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia-Pacific: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia-Pacific: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Japan: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Japan: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: India: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: South Korea: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: South Korea: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Australia: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Australia: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Indonesia: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Indonesia: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Europe: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Europe: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Germany: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Germany: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: France: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: France: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: United Kingdom: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: United Kingdom: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Italy: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Italy: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Spain: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Spain: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Russia: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Russia: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Latin America: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Latin America: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Brazil: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Brazil: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Mexico: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Mexico: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Others: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Others: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Middle East and Africa: Edible Insects Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Middle East and Africa: Edible Insects Market: Breakup by Country (in %), 2021
Figure 86: Middle East and Africa: Edible Insects Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Global: Edible Insects Industry: SWOT Analysis
Figure 88: Global: Edible Insects Industry: Value Chain Analysis
Figure 89: Global: Edible Insects Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Edible Insects Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Edible Insects Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Edible Insects Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 4: Global: Edible Insects Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Edible Insects Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Edible Insects Market: Competitive Structure
Table 7: Global: Edible Insects Market: Key Players


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