Edible Insects Market Projected to grow at a CAGR of 6.0% over the Forecast Period 2016-2024

Posted on 2018-08-13 by Goldstein Research in Food & Beverage // 0 Comments

New York, USA, 2018-Aug-13 — /EPR Network/ —According to Goldstein Research, global edible insects market is expected to reach USD 56.0 million by 2024 from an estimated market size of 35.0 million in 2016, growing at a CAGR of 6.0% over the forecast period 2016-2024.

The rising awareness of high nutritional value from edible insects and the concern over sustainable foods is propelling the growth of the market. Global edible insects market segmentation has been done on the basis of insect type, application, end user and geography. Geographically, global edible insects industry is dominated by Europe and during 2016-2024 it is anticipated to grow at a CAGR of 7.0%. Moreover, in Asia Pacific region there is increasing demand for edible insects, especially in China and Thailand, and these countries accounts for largest market share in global edible insects market.

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Market Segmentation

Global Edible Insects Market can be segmented as follows:

By Insect Type

Beetles
Orthopterans (Grasshoppers, Crickets etc)
Hymenopterans (Ants, Bees and Wasps etc)
Others

By Application

As a whole
Raw
Fried
Powdered
As ingredients
Snacks
Confectionaries
Drinks

By End User

Human Beings
Animals (Livestock, Pets)

By Region

North America Edible Insects Market Analysis, 2016-2024
Europe Edible Insects Market Analysis, 2016-2024
Middle East And Africa Edible Insects Market Analysis, 2016-2024
Latin America Edible Insects Market Analysis, 2016-2024
Asia Pacific Edible Insects Market Analysis, 2016-2024
Rest Of The World Edible Insects Market Analysis, 2016-2024

Browse Full Report: https://www.goldsteinresearch.com/report/global-edible-insects-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

“Global Edible Insects Market Outlook 2024” contains detailed overview of the global edible insects market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by insect type, application, end user and geography.

The Global Edible Insects Market Report highlights the competitive analysis of key players and the company profile of these players discusses the business strategies analysis, financial analysis, revenue distribution by geography & business segments and investments by the company.

Key players of the global edible insects industry discussed in the report are: Kreca, EnviroFlight, AgriProtein Technologies, ExoProtein, Thailand Unique, HaoCheng Mealworms Inc., Nordic Insect Economy Ltd., Entotech, Eat Grub Ltd., Entomo Farms, Proti-Farm Exo Inc., Deli Bugs Ltd., Reese Finer Foods Inc., etc.

Further, Global Edible Insects Market Report encompasses the analysis of market drivers, opportunities, trends, risk analysis, challenges, market attractiveness, Porter’s five force model, SWOT analysis and BPS analysis. The report also includes the market share, market size, growth rate, and relevant statistics to provide market insights to the stakeholders in the market in order to formulate business strategies.

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