Our in-depth analysis of the edible insect market includes the following segments:
By Insect Type
- Beetles
- Caterpillars
- Grasshoppers
- Bees
- Wasps
- Ants
- Scale Insects
- Tree Bugs
- Others
By Product Type
- Whole Insects
- Insect Meal
- Insect Powder
- Insect Protein Bars and Protein Shakes
- Insect Baked Products and Snacks
- Insect Confectionaries
- Insect Beverages
- Insect Oil
- Others
By Application
- Human Consumption
- Animal Nutrition
- Cosmetics and Pharmaceutical
By Region
Geographically, the edible insect market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
North America is expected to witness the fastest growth in global edible insect market over the forecast period owing to the growing demand for environmental friendly high protein diets, dislike towards highly processed foods, presence of a huge number of insect farmers and insect-based food product manufacturers, and rising concern for meat production.
In the European region, the demand for edible insects is substantially high on account of minimal risk of disease transfer as matched to animals and the existence of micronutrients and nutrients such as fatty acids, zinc, selenium, phosphorus, manganese, magnesium, iron, and copper.
The Asia Pacific is expected to be the largest region accounting for maximum edible species of insects, with a growing population and rising food demand, the reliance on edible insects is also increasing. Geographical regions play an important role in the availability of insects and some countries in the Asia-Pacific region are dominated by the particular type of edible insects. In countries such as Thailand and China, edible insects are likely to be sold as a whole to be consumed by people. Also, they are part of street food in these countries. Insect trading is flourishing in cities such as Bangkok and Kinshasa, and there is a higher demand from metropolitan consumers.
The edible insect market in Africa is estimated to witness solid growth on account of demand for edible insects for nutritional value.
The edible insect market is further classified based on region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
- the Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of the Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
