DUBLIN--(BUSINESS WIRE)--The "Edible Insects Market by Type and by Product - Global Opportunity Analysis And Industry Forecast (2018-2023)" report has been added to ResearchAndMarkets.com's offering.
Edible insects market is expected to reach USD 1,181.6 million by 2023, supported by a CAGR of 23.8% during the forecast period of 2018 to 2023.
Growing population and decreasing food resources, increasing demand for protein rich food, high cost of animal protein, environmental sustainability with production and consumption of edible insects, high nutritional value of insects, and low risk of transmitting zoonotic diseases are driving the growth of global edible insects market. However, non-standardized regulatory framework across the globe, lack of awareness, psychological and ethical barriers, and allergies due to insect's consumption are the major factors restraining growth of this market to some extent.
The global edible insects market is mainly segmented by insect type (crickets, mealworms, black soldier flies, buffalos, grasshoppers, ants, silkworms, cicadas, and others), product type (whole insects, insect meal, insect powder, insect protein bars and protein shakes, insect baked product and snacks, insect confectionaries, insect beverages, insect oil, and others), application (human consumption, animal nutrition, and cosmetics and pharmaceutical), and geography.
The whole insects commanded the largest share in 2017, owing to their easy availability, less cost as compared to processed insects, and unavailability of the processing techniques in some regions.
Scope of the Report
Market by Insect Type
- Crickets
- Mealworms
- Black Soldier Flies
- Buffalo's
- Grasshoppers
- Ants
- Silkworms
- Cicadas
- Others
Market 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
Market by Application
- Human Consumption
- Animal Nutrition
- Cosmetics and Pharmaceutical
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Insights
5. Global Edible Insects Market, by Insect Type
6. Global Edible Insects Market, by Product Type
7. Global Edible Insects Market, by Application
8. Geographic Analysis
9. Company Profiles
- AgriProtein Holdings Ltd
- All Things Bugs, LLC
- Aspire Food Group
- Bitty Foods, LLC
- Bug Solutely
- Chapul Inc.
- Crik Nutrition
- Deli Bugs Ltd.
- Eat Grub Ltd.
- Edible Inc.
- Enorm ApS
- Entomo Farms
- Entotech SAS
- Enviro Flight, LLC
- Exo Inc.
- Global Bugs Asia Co. Ltd.
- Haocheng Mealworm Inc.
- Hargol Food Tech
- JIMINI`S (Entomo Ltd)
- Kreca Ento-Food Bv (A Proti-Farm Company)
- Micronutris (A Subsidary of Eap Group)
- Thailand Unique
- Ynsect
For more information about this report visit https://www.researchandmarkets.com/research/jw2wwb/edible_insects?w=4
