Edible Insects Market Size, Share & Trends Analysis Report By Product (Beetles, Caterpillar, Cricket), By Application (Powder, Protein Bars), By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2025 - 2030

October 2024 | 80 pages | ID: E0B0F0D319AEEN
Grand View Research, Inc.

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Edible Insects Market Growth & Trends

The global edible insects market size is expected treach USD 4.38 billion by 2030, according ta new report by Grand View Research, Inc., expanding at a CAGR of 25.1% over the forecast period. Growing consumer awareness regarding health due tunhealthy food consumption and shifting trend towards protein-rich diets with the convenience of ready-to-eat meals are expected tdrive the market in the coming years.

Increasing awareness about the health benefits associated with the product such as lowering obesity and calories and high nutritional value is expected tpropel the market growth. In many countries such as South Africa, the product is used as a medicine tcure malnutrition as they are easy tdigest. This is alsone of the prominent factors anticipated tdrive the market in the coming years.

North America is the leading contributor tthe market growth and it accounted for more than 28.2% share in 2024. Growing demand for high protein foods and reduction in the consumption of processed food are the key driving factors in the region. Europe is the fastest growing region and is anticipated texpand at a CAGR of 26.0% in the forecast period. Increasing farming of the invertebrates and awareness among the consumers about their health benefits are driving the edible insects market in the region.

Globally, beetles are the most preferred insects for consumption and they accounted for more than 32.9% share of the overall revenue in 2024. Beetles find their role in biodegradation as their larvae clean up the dead plants by breaking them intorganic matter, thereby driving the segment in the forecast period. Cricket is anticipated texpand at the fastest CAGR of 26.3% in the forecast period. High protein content and easy farming procedure are the prominent factors for the growth of the segment.

Insect powder is the most preferred way for consumption and it accounted for more than 44.3% share of the overall revenue in 2024. Easy availability, low cost, and wide application of the product are the prominent factors driving the segment. They are easy tstore and last longer as compared tprotein bars. Protein bars require a certain temperature tremain fresh and they come with immediate consumption or 2-3 months of expiry but powder form can be kept at room temperature and can last long.

Edible Insects Market Report Highlights
  • By application, the powder segment accounted for more than 44.3% share of the overall revenue in 2024
  • Beetles are the most preferred type of insects for consumption and they accounted for more than 32.9% share of the global edible insects market revenue in 2024
      • The cricket product segment is anticipated texpand at the fastest CAGR of 26.3% due tits easy availability and high protein content.
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot

CHAPTER 3. EDIBLE INSECTS MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Lineage Outlook
  3.1.1. Parent Market Outlook
  3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
  3.3.1. Market Driver Analysis
  3.3.2. Market Restraint Analysis
3.4. Industry Analysis Tools
  3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations

CHAPTER 5. EDIBLE INSECTS MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

5.1. Edible Insects Market, By Product: Key Takeaways
5.2. Product Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Million)
  5.3.1. Caterpillars
    5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  5.3.2. Beetles
    5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  5.3.3. Cricket
    5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  5.3.4. Others
    5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)

CHAPTER 6. EDIBLE INSECTS MARKET: APPLICATION ESTIMATES & TREND ANALYSIS

6.1. Edible Insects Market, By Application: Key Takeaways
6.2. Application Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
  6.3.1. Powders
    6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  6.3.2. Protein Bars
    6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  6.3.3. Others
    6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)

CHAPTER 7. EDIBLE INSECTS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Edible Insects Market: Regional Outlook
7.2. Regional Marketplaces: Key Takeaways
7.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Million)
  7.3.1. North America
    7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.1.2. U.S.
      7.3.1.2.1. Key country dynamics
      7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.1.3. Canada
      7.3.1.3.1. Key country dynamics
      7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.1.4. Mexico
      7.3.1.4.1. Key country dynamics
      7.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.3.2. Europe
    7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.2. U.K.
      7.3.2.2.1. Key country dynamics
      7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.3. Germany
      7.3.2.3.1. Key country dynamics
      7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.4. France
      7.3.2.4.1. Key country dynamics
      7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.5. Italy
      7.3.2.5.1. Key country dynamics
      7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.6. Spain
      7.3.2.6.1. Key country dynamics
      7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.3.3. Asia Pacific
    7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.2. China
      7.3.3.2.1. Key country dynamics
      7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.3. India
      7.3.3.3.1. Key country dynamics
      7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.4. Japan
      7.3.3.4.1. Key country dynamics
      7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.5. Australia
      7.3.3.5.1. Key country dynamics
      7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.6. South Korea
      7.3.3.6.1. Key country dynamics
      7.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.3.4. Latin America
    7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.4.2. Brazil
      7.3.4.2.1. Key country dynamics
      7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.3.5. Middle East & Africa
    7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.5.2. South Africa
      7.3.5.2.1. Key country dynamics
      7.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.5.3. UAE
      7.3.5.3.1. Key country dynamics
      7.3.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)

CHAPTER 8. EDIBLE INSECTS MARKET: COMPETITIVE ANALYSIS

8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2024 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
  8.9.1. FarmInsect GmbH
    8.9.1.1. Company Overview
    8.9.1.2. Financial Performance
    8.9.1.3. Product Portfolios
    8.9.1.4. Strategic Initiatives
  8.9.2. LIVIN farms AgriFood GmbH
    8.9.2.1. Company Overview
    8.9.2.2. Financial Performance
    8.9.2.3. Product Portfolios
    8.9.2.4. Strategic Initiatives
  8.9.3. BETA BUGS
    8.9.3.1. Company Overview
    8.9.3.2. Financial Performance
    8.9.3.3. Product Portfolios
    8.9.3.4. Strategic Initiatives
  8.9.4. Haocheng
    8.9.4.1. Company Overview
    8.9.4.2. Financial Performance
    8.9.4.3. Product Portfolios
    8.9.4.4. Strategic Initiatives
  8.9.5. Innovafeed
    8.9.5.1. Company Overview
    8.9.5.2. Financial Performance
    8.9.5.3. Product Portfolios
    8.9.5.4. Strategic Initiatives
  8.9.6. ?nsect farms
    8.9.6.1. Company Overview
    8.9.6.2. Financial Performance
    8.9.6.3. Product Portfolios
    8.9.6.4. Strategic Initiatives
  8.9.7. Beta Hatch
    8.9.7.1. Company Overview
    8.9.7.2. Financial Performance
    8.9.7.3. Product Portfolios
    8.9.7.4. Strategic Initiatives


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