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Edible Insects Market

Edible Insects Market<br>

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Edible Insects Market

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com COVID-19 Impact Tracker

  2. EDIBLE INSECTS MARKET ANALYSIS Edible Insects Market, By Product Type (As a Whole (Steam or Fried, Raw, BBQ), As an Ingredient (Drinks, Insect Confectionery, Snack and Backed Products, Others)), By Insect Type (Beetles, Caterpillars, Hymenoptera, Orthoptera, True Bugs, Others), and By Region (North America, Latin America, Asia Pacific, Europe, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

  3. Market Overview The global edible insects market is projected to surpass US$ 850 million by the end of 2027, in terms of revenue, growing at CAGR of 6.7% during the forecast period (2020 to 2027). Market Drivers Easy availability coupled with the increasing production of edible insects is expected to accelerate the market growth over the forecast period. Farming and harvesting of edible have significantly increased in the last few years due to rising awareness regarding the health benefits of the edible insects. This is projected to impact market growth positively over the forecast period

  4. Key Development In June 2019, Lightel launched its DI-2000 to expand its product series with autofocus features and optional Wi-Fi connectivity. The DI-2000 package consists four UPC tips, free Connector View software for image display, auto-centering, image capture, and digital zoom.

  5. Figure 1. Global Edible Insects Market, Revenue Share (%), By Region, 2019

  6. Market Restraints & Market Opportunities • Human consumption of edible insects is limited to certain regions since it is considered as a taboo. This is expected to hinder the market growth of the edible insects. • Increasing demand for mixed insect’s packs that entails various edible insects is expected to augment the market growth of the edible insects. The mixed insect's packs usually contain mealworms, crickets, and cockroaches that are packed in deli cups and this is considered under ready-to-eat food products. Thus, the rising demand for mixed insect packs will favor market growth.

  7. Figure 2. Global Edible Insects Market – Opportunity Analysis

  8. Figure 3. Global Edible Insects Market, Revenue Share (%), By Insect Type, In 2019

  9. Competitive Section • Key players are operating in the global edible insects market are Thailand Unique, Kreca, Nordic Insect Economy Ltd., Entomo Farms, Enviro Flight,LLC, Proti-Farm, Exo Inc., Entotech, Deli Bugs Ltd., and Eat Grub Ltd. • Few Recent Developments • Entomo Farms  • In October 2018, Entomo Farms that turns crickets into snacks has announced that it is planning to expand its business. The company is planning to increase its insects-based food catches business worldwide

  10. Request Sample Report • Download PDF Brochure • Request Customization • Talk to Analyst BUY NOW For Your Reference: https://www.coherentmarketinsights.com/press-release/edible-insects-market-3071

  11. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  12. Contact Us Mr. Shah Coherent Market Insights Private Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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