Edible Insects Market By Product Type (Whole Insect, Insect Powder, Insect Meal) Insect Type (Beetles, Caterpillars, Grasshoppers, Bees, Wasps, Ants, Scale Insects, True Bugs and others), By Application (Human Consumption, Animal Feed and Cosmetics and Pharmaceutical) and Geography

 

Edible Insects Market size was estimated at USD 490.8 million in 2021, growing at a CAGR of 19.8% during the forecast period 2022-2028. due to rise in population and increase in demand for the environment friendly proteinaceous food. Moreover, increasing awareness regarding insect feed, changing attitudes towards insects, increasing consciousness towards healthy and protein rich food by the consumers and the less area requirement for the larger quantity and less efforts in farming are the major factors that are driving the growth of the market over the forecast timeframe. This report studies global edible insects market dynamics elaborately to indentify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global edible insects market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global edible insects products.