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Edible Insects Market Exceeds USD 2.8 Billion in 2022, Projected to Surge with 12.4% CAGR by 2028

MarkNtel Advisors who is leading market research company, has recently published a research report, titled Global “Edible Insects Market”. The report is estimated historical data, base year and forecast period and the projections are made for the next five years, i.e., 2023-28. The data, facts, and figures are sourced from reliable platforms, including government portals, white papers, and others.

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Market Study Period

Historical Data: 2018-21

Base Year: 2022

Forecast Period: 2023-28

CAGR (2023-2028): 12.4%

Global Edible Insects Market Insights:

The Global Edible Insects Market size is valued at USD 2.8 Billion in 2022 and is projected to grow at a CAGR of around 12.4% during the forecast period, i.e., 2023-28. The report covers each and every aspect of the market in detail, offering actionable insights to the stakeholders. We extensively cover key trends, opportunities, possible challenges, and major growth drivers for the industry. The report also highlights the role and involvement of governments and other relevant factors that promote market growth.

Global Edible Insects Market Drivers:

Rising Awareness about the Various Health Benefits of Edible Insects: Amidst the pandemic, many countries imposed restrictions on meat production and banned breeding, hunting, & consumption of wild animals, which resulted in the shutdown of meat processing units. Besides, increased health awareness and an upsurge in soybean prices made people look for & adopt better nutritional supplements to maintain their overall well-being. It, in turn, propagated the demand for protein substitutes like insect-based meals, owing to their higher nutritional value & affordability.

Explore the Complete Edible Insects Market Analysis Report – https://www.marknteladvisors.com/research-library/edible-insects-market.html

Which segments are covered in the Edible Insects Market Research Report?

  • By Insect Type
    • Crickets
    • Mealworms
    • Black Soldier Flies
    • Buffalo’s
    • Grasshoppers
    • Ants
    • Silkworms
    • Cicadas
    • Beetles
    • Caterpillar
    • Others
  • By Product Type
    • Insect Powder
    • Protein Bars
    • Whole Insects
  • By End User
    • Human Consumption
    • Animal Feed
    • Agriculture
  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia-Pacific

Top 10 Key Brands/Players in the Edible Insects Market

Our analysts have closely analyzed leading players within the industry, providing stakeholders with valuable insights into the competitive landscape. This enables them to formulate strategic tactics based on the comprehensive data compiled in the report. The information encompasses recent developments, mergers and acquisitions, product/service launches, expansion plans, and revenue-generating opportunities. Notable entities featured in the report include:

  • 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
  • Haocheng Mealworm Inc.
  • Hargol FoodTech
  • Ÿnsect SAS
  • Others

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/edible-insects-market.html

Frequently Asked Questions

  1. Which companies dominate the Edible Insects Market in terms of market share?
  2. What is the projected market size of Edible Insects Market in 2028?
  3. What key factor is anticipated to propel the Edible Insects Market by 2028?
  4. How big is the Edible Insects Market?

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