Edible Insects Market Trends, Analysis, and Forecast till 2029

October 2022
Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved
Global Edible Insects Market :
Industry, Size, Share, Growth, Trends and
Forecast, 2021–2030

Chapter 4: Global Edible Insects Market , By Product
Report Snippet
Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved 2
Chapter 1 : Table of Contents
Chapter 3: Market Dynamics
Chapter 2: Market Purview
Chapter 5: Global Edible Insects Market , By Insect
Type
Chapter 6: Global Edible Insects Market , By
Application
Chapter 7: Global Edible Insects Market , By Region Chapter 8: Company Profiles
Investment Outlook Future of the Market

Table of Contents

Table of Content
Sr. No. Content
1.0 Chapter 1
Research Methodology
Research Objective and Assumption
Research Process
Scope & Coverage
Currency Conversion Rate
2.0 Chapter 2
2.1 Market Purview
2.2 Executive Summary
Market Snippet, By Product
Market Snippet, By Insect Type
Market Snippet, By Application
Market Snippet, By Region
Opportunity Map Analysis
3.0 Chapter 3
Drivers

Table of Content
Sr. No. Content
Restrains
Opportunities
Trends
DR Impact Analysis
Porter’s Five Forces Analysis
COVID-19 Impact on the Market
Key Highlights
Market Penetration
4.0 Chapter 4
4.0.1 Global Edible Insects Market Value (US$ Bn), By Product
Segment Overview
Market Value and Forecast (US$ Bn), and Share (%) Analysis, 2019 – 2030
Y-o-Y Growth (%) Analysis, 2019 – 2030
4.1 Whole Insect
Overview
Market Value and Forecast (US$ Bn), and Y-o-Y Growth (%) Analysis, 2019 – 2030

Table of Content
Sr. No. Content
4.2 Insect Powder
Overview
4.3 Insect Meal
Overview
4.4 Insect Oil
Overview
5.0 Chapter 5
5.0.1 Global Edible Insects Market Value (US$ Bn), By Insect Type
Segment Overview
5.1 Crickets
Overview

Table of Content
Sr. No. Content
5.2 Black Soldier Fly
Overview
5.3 Meal Worms
Overview
6.0 Chapter 6
6.0.1 Global Edible Insects Market Value (US$ Bn), By Application
Segment Overview
6.1 Animal Feed
Overview
Market Value and Forecast (US$ Bn), 2019 – 2030
6.2 Protein Bar & Shakes
Overview

Table of Content
Sr. No. Content
6.3 Bakery
Overview
6.4 Confectionery
Overview
6.5 Others
Overview
7.0 Chapter 7
7.0.1 Global Edible Insects Market Value (US$ Bn), By Region
Overview
7.1 North America

Table of Content
Sr. No. Content
Overview
North America Edible Insects Market , By Product
North America Edible Insects Market , By Insect Type
North America Edible Insects Market , By Application
North America Edible Insects Market , By Country
U.S.
Canada
7.2 Europe
Overview
Europe Edible Insects Market, By Product
Europe Edible Insects Market, By Insect Type
Europe Edible Insects Market, By Application

Table of Content
Sr. No. Content
Europe Edible Insects Market, By Country
Germany
UK
France
Russia
Italy
Rest of Europe
7.3 Asia Pacific
Overview

Table of Content
Sr. No. Content
Asia Pacific Edible Insects Market , By Product
Asia Pacific Edible Insects Market , By Insect Type
Asia Pacific Edible Insects Market , By Application
Asia Pacific Edible Insects Market , By Country
India
Japan
South Korea
Rest of Asia-Pacific
7.4 Latin America
Overview

Table of Content
Sr. No. Content
Latin America Edible Insects Market , By Product
Latin America Edible Insects Market , By Insect Type
Latin America Edible Insects Market , By Application
Latin America Edible Insects Market , By Country
Brazil
Mexico
Rest of Latin America
7.5 Middle East & Africa
Overview
Middle East & Africa Edible Insects Market , By Product
Middle East & Africa Edible Insects Market , By Insect Type
Middle East & Africa Edible Insects Market , By Application

Table of Content
Sr. No. Content
Middle East & Africa Edible Insects Market , By Country
GCC
Israel
South Africa
Rest of Middle East & Africa
8.0 Chapter 8
8.0.1 Company Profiles
8.1 Ÿnsect (SAS)
Company Overview
Product Portfolio
Key Highlights
Financial Overview

Table of Content
Sr. No. Content
Business Strategies
SWOT Analysis
8.2 Protix B.V.
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Business Strategies
SWOT Analysis
8.3 Enterra Feed Corporation
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Business Strategies
SWOT Analysis

Table of Content
Sr. No. Content
8.4 InnovaFeed
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Business Strategies
SWOT Analysis
8.5 EnviroFlight, LLC
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Business Strategies
SWOT Analysis
8.6 Nutrition Technologies Group
Company Overview

Table of Content
Sr. No. Content
Product Portfolio
Key Highlights
Financial Overview
Business Strategies
SWOT Analysis
8.7 Entomo Farms
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Business Strategies
SWOT Analysis
8.8 Hargol FoodTech
Company Overview
Product Portfolio
Key Highlights

Table of Content
Sr. No. Content
Financial Overview
Business Strategies
SWOT Analysis
8.9 Aspire Food Group
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Business Strategies
SWOT Analysis
8.10 All Things Bugs LLC
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Business Strategies

Table of Content
Sr. No. Content
SWOT Analysis
9.0 Chapter 9
Investment Outlook
10.0 Chapter 10
Appendix
Abbreviation

About Us
19

About Us
20
Who we are:
Prophecy is a specialized market research, analytics, marketing
and business strategy, and service offerings company that offer
strategic and tactical support to clients for making well-informed
business decisions and to identify and achieve high value
opportunities in the target business area. Also, we help our client
to address business challenges and provide best possible Service
Offerings to overcome them and transform their business.
Prophecy’s expertize area covers types, applications, latest
trends, developments, market growth factors, and challenges
along with market forecast in various business areas such as
Healthcare, Pharmaceutical, Biotechnology, Information
Technology (IT), Hospitals, Small and Ownership Model-sized
enterprises (SMEs), Bakery, Agriculture, Food and Beverage,
Energy, and Oil and Gas. We also offer various other Adaptive
Pants such as, data mining, information management, and
revenue enhancement suggestions.
Source: Prophecy Market Insights
We are a team of dedicated and impassioned individuals,
who believe strongly in giving our very best to what we do
and we never return down from any challenge. At prophecy
we cater to industries, individuals, and organizations across
the globe and deliver our offerings in the shortest possible
turnaround time.
Our well defined approach ensures our clients will receive
unique competitive advantage, and secure and long lasting
results.
“WE BELIEVE IN LONG–TERM BUSINESS
RELATIONS FOR GROWTH AND SUCCESS”

A rich repository of syndicated
reports across 8 Industries
Dedicated Analyst
Working
More than 100+ Clients
worldwide including various
Fortune 500 Companies
Pioneer in adopting best
research practices to ensure
deeper insights
Top leadership having more
than
50 man years of experience
across varied industries
2+ years of industry
experience in delivering
valuable research Insights at
Global, Regional and Country
Level
About Us

Collection
of
Data
Collaboration
of Data
Identification
of data
Evaluation of
Market
Dynamics
Verification
and Analysis
2.This process consists
of gathering data,
accessing proprietary
databases, and reaching
out to key industry
participants that
operate in the market
across the value chain.
It also involves studying
several patterns in
the historical data and
comparing it with the
current scenario.
4. This is the final stage,
which involves both
quantity and quality
checks. Although the
process of data
verification is an integral
part of the research
process, all data points
and statistics and figures
are re-checked to uphold
their authenticity and
validity.
3.This stage involves the
validation of data and
arrival at actual statistics,
and evolution of the
market over the years. It
entails the study and
analyzes various segments
and Applications of the
market. An impact analysis
is also performed to
observe which factors will
affect the market in the
next few years.
1. This step involves identification of several primary
and secondary data research sources, including
Prophecy internal data sources.
The primary sources consist of in-depth discussions
and interviews with policy makers, industry experts,
and data evaluators, whereas secondary sources
include a thorough study of market journals, press
releases, annual reports, and Pharmaceuticals and
non Pharmaceuticals agencies websites.
This phase includes a detailed evaluation of several
factors that are likely to affect the market dynamics.
It involves a comprehensive assessment of major
market pain points, drivers, and trends.

Research Objective
To predict the
size of the
market
To offer wide ranging market
statistics with a detailed
classification along with the
market size of each segment
To analyze key
strengths,
opportunities,
and strategies of
major
companies
To outline and forecast the
Governance, Risk Management and
Compliance (GRC) market in globally
based on segmentation and region
To study market
opportunities for
participants and
stakeholders by
identifying high
growth sectors in
the market
To provide comprehensive
information about factors that affect
market dynamics
To analyze several micro-market
indicators considering growth
factors, market prospects, and
strategic market contribution
To examine competitive scenarios
such as collaborations, mergers and
acquisitions, R&D activities, and
advanced developments

Research Process
PROJECT
SCOPE
PROJECT
KICKOFF
PRELIMINARY
RESEARCH
MARKET
ANALYSIS &
SEGMENTATION
REPORT
SYNTHESIS
REPORT
DELIVERY
POST-SALE
SERVICE

Global Market Size
Market/Revenue share of each key player in each
Type segment
Market/Revenue share of each key player in the
global market
Bottom-up Approach –
Collection of market related data and information
from primary and secondary sources, and data
analysis.
Primary Sources:
 Demand Side Key Opinion Leaders
 Supply Side Key Opinion Leaders
Secondary Sources:
 Annual Reports
 Financial Reports and Presentations
 Press Releases
 Research Journals
 Paid Data Sources
Market/Revenue share split by each market segment
such as By Product Fracturing Fluids/Fracturing Fluids
sector/end user
Market/Revenue share split by each region and
country in the global market
Top-down Approach –
Market size and analysis validation through primary
and secondary research participants and key opinion
leaders.
Primary Sources:
 Demand Side Key Opinion Leaders
 Supply Side Key Opinion Leaders
Secondary Sources:
 Annual Reports
 Financial Reports and Presentations
 Press Releases
 Research Journals
 Paid Data Sources

Definition and Scope – Prophecy Market Insights provide the market definition to
understand the target Type/service and provide the market scope to understand
the report coverage after thoroughly understanding of target market and market
specific requirements.
Primary Research – We formulates a detailed discussion guide to perform primary
research. In primary research collection of data is performed through telephonic
interview, E-mail questionnaire’s, and in-depth discussion with industry experts,
manufacturers, suppliers, and distributors. The primary research participant
includes but not limited to CEO’s, Managers, Directors, VP’s, Suppliers, CSO’s, and
etc.
Secondary Research – Our research analyst performs in-depth secondary research
and extensive data mining to collect market related information through various
authentic data sources such as Annual Reports, Trade Publications, Magazines,
Research Publications, Company Press Release, and some paid data sources.
In-house Data Analysis – After extensive data mining, we perform in-house market
analysis by using various data tools, statistical methods, and data analysis tools to
arrive on a conclusion and reduce the margin of error. We provide our overviews
and market forecast for the target market after thoroughly understanding and
analyzing of collected data, historic market trends, and research outputs.
Report Delivery – Prophecy Market Insights provide report in required electronic
format (preferably in PDF format), as PDF format is easy to read and present.

Preface

Scope & Coverage
2019 2020 2021-2030
Base Year Estimated Year Forecast Years
The report considers 2019 as the base year. All calculations involving quantitative data are
based on 2019. The values represented in the report are actual values for 2019, whereas,
the values are estimated for the period 2020−2030.

Market Segmentation
Global Edible Insects Market
By Product By Region
 North America
 Europe
 Asia Pacific
 Latin America
 Middle East & Africa
 Whole Insect
 Insect Powder
 Insect Meal
 Insect Oil
 Crickets
 Black Soldier Fly
 Meal Worms
By Insect Type
 Animal Feed
 Protein Bar & Shakes
 Bakery
 Confectionery
 Others
By Application

Currency Conversion
Currency Conversion 2013-2018
The standard currency used throughout the report is USD ($). However, in the case of other currencies, the annual average currency rate
(January 1 to December 31) is used for conversion. These conversion rates are rounded to the nearest decimal place. The chart below
represents the standard conversion rates used in the report.
Currency Conversion 2013 2014 2015 2016 2017 2018
$/€ USD/EUR 0.7532 0.7535 0.8969 0.8988 0.8605 0.8566
$/£ USD/GBP 0.6395 0.6072 0.6526 0.7309 0.7607 0.7586
$/¥ USD/JPY 98.58 105.84 120.9 107.5269 113.8867 111.0019
$/₭ USD/SEK 6.5127 6.8587 8.404 8.9328 8.4135 8.8826
$/A$ USD/AUD 1.0362 1.1094 1.3112 1.343 1.3042 1.3578
$/¥ USD/RMB (CNY) 6.1905 6.1432 6.1606 6.61 6.6294 6.6675

Market Purview
Chapter 02
3
1

Executive Summary (1/9)
32
Overview
 The Edible Insects Market is expected to reach $9.6 billion by 2030, at a CAGR of 28.3% during the forecast period 2022–2030. In
terms of volume, the edible insects market is expected to reach 3,139,035.10 tonnes by 2030, at a CAGR of 31.1% during the forecast
period 2022–2030.

33
Table 2.1: Global Edible Insects Market Overview
Parameters 2020 (E) 2030 (F)
Global Edible Insects Market Value (US$ Bn) xx Bn 9.6 Bn| CAGR: 28.3% |
By Product Segment with Largest Value (US$ Bn) Whole Insect: XX Whole Insect: XX
By Product Segment with Highest CAGR (%)-2019-2029 CAGR- XX%
By Insect Type Segment with Largest Value (US$ Bn) Crickets: XX Crickets: XX
By Insect Type Segment with Highest CAGR (%)-2019-2029 CAGR-XX%
By Application with Largest Value (US$ Bn) XX XX
By Application Segment with Highest CAGR (%)-2019-2029 CAGR- XX%
To be Continued …

34
Table 2.2: Global Edible Insects Market Overview
Parameters 2019 (E) 2029 (F)
By Region with Largest Value (US$ Bn) Asia Pacific : XX Asia Pacific xx
By Region with Highest CAGR (%)-2019-2029 CAGR- XX%
Key Market Players:
Ÿnsect (SAS), Protix B.V., Enterra Feed Corporation, InnovaFeed,
EnviroFlight, LLC, Nutrition Technologies Group, Entomo Farms, Hargol
FoodTech, Aspire Food Group, and All Things Bugs LLC.

35
Description
Figure 2.1: Global Edible Insects Market Value Share (%), By Product – 2020
(E)
Analysis
Whole Insect
Insect Powder
Insect Meal
Insect Oil
 The growth of this market is driven by the growing greenhouse gas
emissions from the livestock and poultry industries, the high
nutritional value of insects, the environmental benefits of edible
insects, the rising demand for insect protein in the animal feed
industry, and the low risk of transmitting zoonotic diseases with
the consumption of edible insects.
 The insect powder segment is expected to grow at the highest
CAGR during the forecast period 2020—2030.
 The increasing inclination of consumers toward fitness &
wellness, the rising number of health clubs & fitness centers
serving insect powder, the emergence of several start-ups
producing insect protein bars & shakes, and busy lifestyles
demanding highly nutritious & convenient foods, such as insect
powder are some of the major drivers of growth in this
segment.

Crickets
Black Soldier
Fly
Mealworms
Figure 2.2: Global Portable
Analysis and Outcome
Figure 2.2: Global Edible Insects Market Value Share (%), By Insect Type –
2020 (E) Figure 2.4: Global Edible Insects Market Value Share (%), By Region – 2019 (E
Figure 2.3: Global Edible Insects Market Value Share (%), By Application -
2020(E)
Animal Feed
Protein Bar & Shakes
Bakery
Confectionery
Beverages
 Based on insect type, the edible insects market is segmented into crickets, mealworms, black soldier flies, buffalo worms, grasshoppers,
ants, silkworms, cicadas, and others. In 2022, the crickets segment is estimated to account for the largest share of the edible insects
market. The growth of the crickets segment is attributed to the high nutritional value and easy farming & processing of crickets, their
incorporation into various recipes and foods products, and the rising demand for cricket-based food products, such as protein powders,
protein bars, and snacks.

Description Figure 2.4: Global Edible Insects Market Value Share (%), By Region – 2020 (E)
North America
Asia Pacific
Europe
Latin America
Middle East & Africa
 North America is slated to register the highest CAGR during the
forecast period. The increasing demand for edible insects in this
region is due to the growing demand for environment-friendly
protein-rich food. Moreover, increasing familiarity with insects-as-
food, decreasing food neophobia, and altering attitudes towards
insects, both in general and as food, are the key factors
responsible for the rising acceptance of edible insects in North
America.

Executive Summary
Market at Glance (2020)
North America:
XX Mn
CAGR: XX%
Latin America:
XX Mn
CAGR: XX%
APAC:
XX Mn
CAGR: XX%
Europe:
XX Mn
CAGR: XX%
MEMA:
XX Mn
CAGR: XX%

Market Dynamics
Chapter 03

Drivers (1/4)
Rising demand for insect protein in the animal feed industry fuels the growth of the edible insects market
 Developing regions, such as Asia, Africa, and Latin America, are expected to witness exponential growth in their human population and
changes in dietary patterns in tandem with economic growth, leading to a 70% increase in the demand for livestock products by 2050.
The prices of livestock products are increasing due to the rising feed costs.
 Presently, the cost of the feed accounts for 60–70% of the total livestock production costs. Fish and soybean meal are the major protein
sources for animal feed. However, these sources compete with food production for humans. Moreover, the availability of fishmeal has
become limited due to the over-exploitation of marine resources, causing a rapid increase in the cost of feed ingredients. Hence, the
search for sustainable alternatives has led to a growing interest in using insects as feed ingredients.

Drivers (2/4)
Growing Greenhouse Gas Emissions from the Livestock and Poultry Industries

Drivers (3/4)
High Nutritional Value of Insects

Drivers (4/4)
Environmental Benefits of Edible Insects Consumption

Restraint (1/2)
Lack of a Standardized Regulatory Framework

Opportunity (1/3)
Emerging Economies

Challenge
Lack of Awareness

Drivers and Restraints Impact Analysis
Low High
Low
High
Impact on Market Value
Likely
Growth
Impact
on
Market
Growth
Rate
D1
Drivers
Restraints
Lack of a Standardized Regulatory
Framework
R1
D2
Rising Demand for Insect Protein in the
Animal Feed Industry
Growing Greenhouse Gas Emissions
from the Livestock and Poultry
Industries
Psychological and Ethical Barriers
to Consuming Insects as Food
R2
D3 High Nutritional Value of Insects
D4 Environmental Benefits of Edible
Insects Consumption

PORTER’S FIVE FORCES ANALYSIS
Analysis
 The Porter’s five forces model studies the five identified
competitive forces that shape every industry and market, in
order to determine the intensity of the competition, and
thus, the profitability and attractiveness of the industry.
 The objective of the growth strategy is to adapt to these
competitive forces in a manner that may improve the
position of the organization. This study includes an
exhaustive Porter’s five forces framework, incorporating
the factors influencing each force, to analyze the market
from a microeconomic perspective.
 In the study, Porter’s five forces are analyzed considering
the factors influencing each force and quantifying the
factors, through primaries and quantitative analysis. The
quantified factors are further mapped out, to derive the
impact of each force on competitive dynamics.
Outcome
COMPETITIVE
RIVALRY
High

PORTER’S Five Forces Analysis
05
Threat of New
Entrants
Medium
01
02
03
Threats of
Substitutes
High
04
Buyer Power
High
Supplier Power
High
Competitive Rivalry
High

Key Highlights
02 03 04
01
In April 2020, VDL
Agrotech undertook the
initiative to develop an
innovative insect feeding
machine. At present,
insects are largely fed
manually, making them
labor-intensive. However,
the development of the
feeding machine is
expected to automate the
feeding process, leading
to higher production
volumes at comparatively
lower costs.

Key Highlights
06 07 08
05

Global Edible Insects Market, By Product
Chapter 04

Table 4.1: Global Edible Insects Market Value and Forecast (US$ Bn), By Product - 2021–2030
Global Edible Insects Market, By Product
Product 2019 H 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F
CAGR
(2018–
29)
Whole Insect XX XX XX XX XX XX XX XX XX XX XX XX
Insect Powder XX XX XX XX XX XX XX XX XX XX XX XX
Insect Meal XX XX XX XX XX XX XX XX XX XX XX XX
Insect Oil XX XX XX XX XX XX XX XX XX XX XX XX
Others XX XX XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX xx Xx

Global Edible Insects Market , By Product
Figure 4.1 : Global Edible Insects Market Value and Forecast (US$ Bn), and Y-o-Y Growth (%),
By Product - 2018-2029
 The Global Edible Insects Market was valued by US$xx Mn in
2019 and is expected to reach US$xxMn in 2029, and register a
CAGR of xx% over the forecast period
 The first five year (2019-2023) cumulative value is projected to
be US$XXBn, as compared to relatively higher cumulative
value of US$XXBn for the last five year (2024-2028) of the
forecast period.
XXx: Projected growth between 2019 and 2029
0.0%
0.1%
0.2%
0.3%
0.4%
0.5%
0.6%
0.7%
0.8%
0.9%
1.0%
1.1%
1.2%
1.3%
1.4%
1.5%
1.6%
1.7%
1.8%
1.9%
2.0%
2.1%
2.2%
2.3%
2.4%
2.5%
2.6%
2.7%
2.8%
2.9%
3.0%
3.1%
3.2%
3.3%
3.4%
3.5%
3.6%
3.7%
3.8%
3.9%
4.0%
4.1%
4.2%
4.3%
4.4%
4.5%
4.6%
4.7%
4.8%
4.9%
5.0%
5.1%
5.2%
5.3%
5.4%
5.5%
5.6%
5.7%
5.8%
5.9%
6.0%
6.1%
6.2%
6.3%
6.4%
6.5%
6.6%
6.7%
6.8%
6.9%
7.0%
7.1%
7.2%
7.3%
7.4%
7.5%
7.6%
7.7%
7.8%
7.9%
8.0%
8.1%
8.2%
8.3%
8.4%
8.5%
8.6%
8.7%
-
500.0
1,000.0
1,500.0
2,000.0
2,500.0
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Value Y-O-Y

Whole Insect

Whole Insect
Figure 4.2: Global Edible Insects Market Value and Forecast (US$ Bn), and Y-o-Y Growth (%),
By Whole Insect 2018-2029 Analysis and Outcome
Xx: Projected growth between 2019 and 2029
0.0%
0.1%
0.2%
0.3%
0.4%
0.5%
0.6%
0.7%
0.8%
0.9%
1.0%
1.1%
1.2%
1.3%
1.4%
1.5%
1.6%
1.7%
1.8%
1.9%
2.0%
2.1%
2.2%
2.3%
2.4%
2.5%
2.6%
2.7%
2.8%
2.9%
3.0%
3.1%
3.2%
3.3%
3.4%
3.5%
3.6%
3.7%
3.8%
3.9%
4.0%
4.1%
4.2%
4.3%
4.4%
4.5%
4.6%
4.7%
4.8%
4.9%
5.0%
5.1%
5.2%
5.3%
5.4%
5.5%
5.6%
5.7%
5.8%
5.9%
6.0%
6.1%
6.2%
6.3%
6.4%
6.5%
6.6%
6.7%
6.8%
6.9%
7.0%
7.1%
7.2%
7.3%
7.4%
7.5%
7.6%
7.7%
7.8%
7.9%
8.0%
8.1%
8.2%
8.3%
8.4%
8.5%
8.6%
8.7%
-
500.0
1,000.0
1,500.0
2,000.0
2,500.0
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Value Y-O-Y

Insect Powder

Insect Powder
By Insect Powder - 2018-2029 Analysis and Outcome
2.1.x: Projected growth between 2019 and 2029
 The Global Edible Insects Market by Insect Powder was valued
US$xxBn in 2019 and is expected to reach US$xxBn in 2029,
and register a CAGR of xx% over the forecast period
 The first five year (2019-2023) cumulative value is projected to
be US$xxBn, as compared to relatively higher cumulative value
of US$xxBn for the last five year (2024-2028) of the forecast
period.
0.0%
0.1%
0.2%
0.3%
0.4%
0.5%
0.6%
0.7%
0.8%
0.9%
1.0%
1.1%
1.2%
1.3%
1.4%
1.5%
1.6%
1.7%
1.8%
1.9%
2.0%
2.1%
2.2%
2.3%
2.4%
2.5%
2.6%
2.7%
2.8%
2.9%
3.0%
3.1%
3.2%
3.3%
3.4%
3.5%
3.6%
3.7%
3.8%
3.9%
4.0%
4.1%
4.2%
4.3%
4.4%
4.5%
4.6%
4.7%
4.8%
4.9%
5.0%
5.1%
5.2%
5.3%
5.4%
5.5%
5.6%
5.7%
5.8%
5.9%
6.0%
6.1%
6.2%
6.3%
6.4%
6.5%
6.6%
6.7%
6.8%
6.9%
7.0%
7.1%
7.2%
7.3%
7.4%
7.5%
7.6%
7.7%
7.8%
7.9%
8.0%
8.1%
8.2%
8.3%
8.4%
8.5%
8.6%
8.7%
-
500.0
1,000.0
1,500.0
2,000.0
2,500.0
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Value Y-O-Y

Insect Meal

Insect Meal
By Insect Meal 2018-2029 Analysis and Outcome
0.0%
0.1%
0.2%
0.3%
0.4%
0.5%
0.6%
0.7%
0.8%
0.9%
1.0%
1.1%
1.2%
1.3%
1.4%
1.5%
1.6%
1.7%
1.8%
1.9%
2.0%
2.1%
2.2%
2.3%
2.4%
2.5%
2.6%
2.7%
2.8%
2.9%
3.0%
3.1%
3.2%
3.3%
3.4%
3.5%
3.6%
3.7%
3.8%
3.9%
4.0%
4.1%
4.2%
4.3%
4.4%
4.5%
4.6%
4.7%
4.8%
4.9%
5.0%
5.1%
5.2%
5.3%
5.4%
5.5%
5.6%
5.7%
5.8%
5.9%
6.0%
6.1%
6.2%
6.3%
6.4%
6.5%
6.6%
6.7%
6.8%
6.9%
7.0%
7.1%
7.2%
7.3%
7.4%
7.5%
7.6%
7.7%
7.8%
7.9%
8.0%
8.1%
8.2%
8.3%
8.4%
8.5%
8.6%
8.7%
-
500.0
1,000.0
1,500.0
2,000.0
2,500.0
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Value Y-O-Y

Insect Oil

Insect Oil
By Insect Oil 2018-2029 Analysis and Outcome
0.0%
0.1%
0.2%
0.3%
0.4%
0.5%
0.6%
0.7%
0.8%
0.9%
1.0%
1.1%
1.2%
1.3%
1.4%
1.5%
1.6%
1.7%
1.8%
1.9%
2.0%
2.1%
2.2%
2.3%
2.4%
2.5%
2.6%
2.7%
2.8%
2.9%
3.0%
3.1%
3.2%
3.3%
3.4%
3.5%
3.6%
3.7%
3.8%
3.9%
4.0%
4.1%
4.2%
4.3%
4.4%
4.5%
4.6%
4.7%
4.8%
4.9%
5.0%
5.1%
5.2%
5.3%
5.4%
5.5%
5.6%
5.7%
5.8%
5.9%
6.0%
6.1%
6.2%
6.3%
6.4%
6.5%
6.6%
6.7%
6.8%
6.9%
7.0%
7.1%
7.2%
7.3%
7.4%
7.5%
7.6%
7.7%
7.8%
7.9%
8.0%
8.1%
8.2%
8.3%
8.4%
8.5%
8.6%
8.7%
-
500.0
1,000.0
1,500.0
2,000.0
2,500.0
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Value Y-O-Y

Others

Others
By Others 2018-2029 Analysis and Outcome
0.0%
0.1%
0.2%
0.3%
0.4%
0.5%
0.6%
0.7%
0.8%
0.9%
1.0%
1.1%
1.2%
1.3%
1.4%
1.5%
1.6%
1.7%
1.8%
1.9%
2.0%
2.1%
2.2%
2.3%
2.4%
2.5%
2.6%
2.7%
2.8%
2.9%
3.0%
3.1%
3.2%
3.3%
3.4%
3.5%
3.6%
3.7%
3.8%
3.9%
4.0%
4.1%
4.2%
4.3%
4.4%
4.5%
4.6%
4.7%
4.8%
4.9%
5.0%
5.1%
5.2%
5.3%
5.4%
5.5%
5.6%
5.7%
5.8%
5.9%
6.0%
6.1%
6.2%
6.3%
6.4%
6.5%
6.6%
6.7%
6.8%
6.9%
7.0%
7.1%
7.2%
7.3%
7.4%
7.5%
7.6%
7.7%
7.8%
7.9%
8.0%
8.1%
8.2%
8.3%
8.4%
8.5%
8.6%
8.7%
-
500.0
1,000.0
1,500.0
2,000.0
2,500.0
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Value Y-O-Y

Global Edible Insects Market , By Region
Chapter 07

Edible Insects Market , By Region
Market Share at Glance (2020)
North America:
XX%
Latin America:
XX%
APAC:
XX%
Europe:
XX%
MEMA:
XX%
CIS Region:
XX%

North America
Market Share (%) - 2020
North America
RoW

Well developed infrastructure is expected to fuel the market
North America

North America
Figure 7.1: North America Market Value and Forecast (US$ Bn), and
Y-o-Y Growth (%), 2019-2028
 The North America was valued at US$ XX Mn in 2019 and is
expected to reach US$ XX Mn in 2029, and register a CAGR
of XX% over the forecast period.
xxX: Projected growth between 2020 and 2029
0.0%
0.1%
0.2%
0.3%
0.4%
0.5%
0.6%
0.7%
0.8%
0.9%
1.0%
1.1%
1.2%
1.3%
1.4%
1.5%
1.6%
1.7%
1.8%
1.9%
2.0%
2.1%
2.2%
2.3%
2.4%
2.5%
2.6%
2.7%
2.8%
2.9%
3.0%
3.1%
3.2%
3.3%
3.4%
3.5%
3.6%
3.7%
3.8%
3.9%
4.0%
4.1%
4.2%
4.3%
4.4%
4.5%
4.6%
4.7%
4.8%
4.9%
5.0%
5.1%
5.2%
5.3%
5.4%
5.5%
5.6%
5.7%
5.8%
5.9%
6.0%
6.1%
6.2%
6.3%
6.4%
6.5%
6.6%
6.7%
6.8%
6.9%
7.0%
7.1%
7.2%
7.3%
7.4%
7.5%
7.6%
7.7%
7.8%
7.9%
8.0%
8.1%
8.2%
8.3%
8.4%
8.5%
8.6%
8.7%
-
500.0
1,000.0
1,500.0
2,000.0
2,500.0
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Value Y-O-Y

North America Edible Insects Market
U.S.

North America Edible Insects Market
Canada

Table 7.1: North America Edible Insects Market Value and Forecast (US$ Bn), By Product - 2021–2030
North America Edible Insects Market, By Product
Technology 2019 H 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F
CAGR
(2018–
29)
Whole Insect XX XX XX XX XX XX XX XX XX XX XX XX
Insect Powder XX XX XX XX XX XX XX XX XX XX XX XX
Insect Meal XX XX XX XX XX XX XX XX XX XX XX XX
Insect Oil XX XX XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX xx Xx

Table 7.2: North America Market Value and Forecast (US$ Bn), By Insect Type, 2019 – 2030
North America Edible Insects Market, By Insect Type
Insect Type 2019 E 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F
CAGR
(2019–
28)
Crickets XX XX XX XX XX XX XX XX XX XX XX XX
Black Soldier Fly XX XX XX XX XX XX XX XX XX XX XX XX
Meal Worms XX XX XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX XX XX

Table 7.3: North America Market Value and Forecast (US$ Bn), By Application, 2019 – 2030
North America Edible Insects Market, By Application
Application 2019 E 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F
CAGR
(2019–
28)
Animal Feed XX XX XX XX XX XX XX XX XX XX XX XX
Chemicals XX XX XX XX XX XX XX XX XX XX XX XX
Bakery XX XX XX XX XX XX XX XX XX XX XX XX
Confectionery XX XX XX XX XX XX XX XX XX XX XX XX

North America Edible Insects Market , By Country
Table 7.4: North America Market Value and Forecast (US$ Bn) By Country, 2019-2029
US Canada
Figure 7.2: North America Market Value (US$ Bn) Overview, By Country 2019 and 2029
Country 2019 E 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F
CAGR
(2019–
28)
U.S. XX XX XX XX XX XX XX XX XX XX XX XX
Canada XX XX XX XX XX XX XX XX XX XX XX XX

Company Profiles
Chapter 09

Ÿnsect (SAS)
Company Overview Business Overview
Source: Company Annual Reports and Website
Established 1902
Key Management Mike Roman (CEO)
Private/Public Public
Headquarter Minnesota, U.S.
Headcount 96,000 (2019)
Geographic Presence
North America, Europe, Asia
Pacific, Middle East & Africa, and
Latin America
Total Value (US$ Bn) 32,136 (2019)
Value Growth (%) Over
Previous Year
-0.01
Key Applications
Adhesives, ceramics, filtration
products, closure systems for
personal hygiene products, acoustic
system products, Animal Feed
components, abrasion-resistant
films, structural
adhesives; and paint finishing and
detailing products
Website www.3m.com
Hidden for
Sample

Ÿnsect (SAS)
28,500
29,000
29,500
30,000
30,500
31,000
31,500
32,000
32,500
33,000
2016 2017 2018 2019
Company Financial (US$ Bn) Overview, by Year Analysis and Outcome

Key Highlights
02 03 04
01

Business Strategies Overview
Ÿnsect (SAS)

SWOT Analysis
Ÿnsect (SAS)
S W
O T
Strengths
Opportunities
Weakness
Threats

Future Opportunity

Additional growth opportunities participants should aim to secure include:

About Us
Copyright © PROPHECY 2019, All Rights Reserved 84
Disclaimer
 The material is based on sources which we believe are reliable, but no warranty, either expressed or implied, is provided in relation to
the accuracy or completeness of the information. The views expressed are our best judgment as of the date of issue and are subject to
change without notice. Prophecy Market Insights takes no responsibility for decisions made on the basis of these opinions.
 Any redistribution of this information is strictly prohibited. Copyright © 2019 Prophecy Market Insights pvt. Ltd , all rights reserved.
Legal and Copyright Notices
 While the editors endeavor to ensure the accuracy of all information and data contained in this Market Research Report, neither they
nor Prophecy Market Insights Pvt. Ltd. accept responsibility for any loss or damage (whether direct or indirect) whatsoever to the
customer or any third party resulting or arising there from.
 All rights reserved. No part of this publication may be reproduced or used in any form or by any means graphic, electronic or
mechanical, including photocopying, recording, taping, or information storage and retrieval systems without permission of the
publisher.
Disclaimer:
Prophecy market Insights Pvt. Ltd attempts to ensure that the information provided in our market research reports is as accurate and
complete as possible, the quantity of detailed information used and the fact that some of the information (which cannot always be verified
or validated) is supplied by third parties and sources not controlled by prophecy market Insights Pvt. ltd means that we cannot always
guarantee the accuracy, completeness or originality of the information in some reports, and we are therefore not responsible for any errors
or omissions in those reports. The recipients of these reports are responsible for determining whether the information contained therein is
sufficient for use and shall use their own skill and judgement when choosing to rely upon the reports

T H A N K
YOU
To know more about us, please visit our website:
www.prophecymarketinsights.com
For sales queries or new topics email us on:
sales@prophecymarketinsights.com
For other queries contact:
Shweta R
(Business Development)
Prophecy Market Insights
Email: shweta.r@prophecymarketinsights.com

Edible Insects Market Trends, Analysis, and Forecast till 2029

Recommended

Recommended

More Related Content

Similar to Edible Insects Market Trends, Analysis, and Forecast till 2029

Similar to Edible Insects Market Trends, Analysis, and Forecast till 2029 (20)

Recently uploaded

Recently uploaded (20)

Edible Insects Market Trends, Analysis, and Forecast till 2029