Edible Insects Market
Edible Insects Market Forecasts to 2028 - Global Analysis By Product Type (Insect Oil, Insect Powder, Insect Meal, Whole Insects), Insect Type (Crickets, Black Soldier Flies, Mealworms, Buffalo Worms, Grasshoppers, Ants, Silkworms, Cicadas, Other Edible Insects), Application (Food & Beverages, Feed), End User (Animal Nutrition, Human Consumption) and By Geography
Years Covered |
2020-2028 |
Estimated Year Value (2022) |
US $832.07 MN |
Projected Year Value (2028) |
US $247 MN |
CAGR (2022 - 2028) |
19.9% |
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
Largest Market |
Asia Pacific |
Fastest Growing Market |
North America |
According to Stratistics MRC, the Global Edible Insects Market is accounted for $832.07 million in 2022 and is expected to reach $247 million by 2028 growing at a CAGR of 19.9% during the forecast period. Edible insects are available in roasted, dried, and powdered forms and are utilised as a low-calorie ingredient in healthful food and beverage preparations. Grasshoppers, bees, ants, crickets, and wasps are examples of often encountered insects. Due to their bland tastes and effective binding abilities, these goods are mostly utilised to make trans-fat flours, protein bars, healthy snacks, and nutritional supplements.
According to the FDA, when soybean and fishmeal were replaced with black soldier fly larvae meal by 10–56%, broiler quail and chicken meat had a satisfactory taste, aroma, and nutritional composition. In addition, the black soldier fly meal was also used as fish feed for Nile tilapia (in different proportions), which resulted in similar growth performance and feed conversion.
Market Dynamics:
Driver:
Rising awareness on potential benefits of edible insects
With growing consumer awareness of the potential health benefits of edible insect products, rising demand for naturally fortified ingredients, and shifting dietary trends toward low-calorie and high-protein sources, industry players are coming up with creative ways to market their goods by giving away free samples, giving discounts, and using eye-catching packaging, which can be seen as one of edible insects' key market drivers.
Restraint:
Lack of awareness
Allergies might be caused by a lack of awareness and excessive eating of these edible insects. It is anticipated to impede the market's expansion for edible insects. Moreover, strict environmental laws, in addition to ethical and psychological obstacles relating to eating edible insects may further impede market expansion.
Opportunity:
Rapid urbanisation
The industry is also anticipated to grow faster overall due to increased urbanization and population growth. The main sensory elements that affect consumer acceptability of products made using insect protein are taste, texture, and appearance. In addition to them, restrictions set forth by governments and associated edible insect associations contribute to increased consumer confidence because they guarantee both safety and hygienic conditions.
Threat:
Stringent rules and negative perceptions about insects
The strict rules and regulations in North America and Europe for food manufacturers towards the use of edible insects in cheese, baked goods, and other food preparations to protect consumer interests are the market's biggest challenge, forcing industry players to offer creative, secure, and high-quality solutions. In addition, consumers' unfavourable attitudes about eating insects and a lack of information are anticipated to restrain the market's expansion over the projection period.
Covid-19 Impact:
The epidemic has created several issues for the food business, particularly in the worldwide meat market. The risk of manufacturing continuing, supply, distribution, a lack of labour, and fewer development activities have all had an impact on the insect feed market. The amount of meat consumed by people has decreased. This has made the issue facing the meat business worse and raised demand for meat replacements such edible insects and vegan goods. On the other hand, regular consumption of animal protein may be healthy for people. The market for edible insects is going through substantial strategic shifts. In March 2020, Thai Union Group (Thailand) announced a USD 30 million investment in new food technology and alternative proteins.
The cricket is expected to be the largest during the forecast period
Based on the insect type, the market is classified into Crickets, Black Soldier Flies, Mealworms, Buffalo Worms, Grasshoppers, Ants, Silkworms, Cicadas and Other Edible Insects. The edible insects market is projected to be dominated by the crickets sector. The high nutritional value and ease of farming and processing of crickets, their inclusion in a variety of recipes and food products, and the expanding demand for cricket-based food products, such as protein powders, protein bars, and snacks, are all factors in the growth of the market.
The food & beverages segment is expected to have the highest CAGR during the forecast period
Based on the application, the market is classified into food & beverages and feed. The food & beverages segment is anticipated to witness the fastest CAGR growth during the forecast period, as the rapid rise of this category is being driven by global food shortages, increased consumption of processed whole insects as food, and increased demand among end users for high-quality alternative protein and amino acid sources.
Region with highest share:
The Asia Pacific region market is estimated to witness a highest share of the global Edible Insects market during the forecast period, owing to the attributed to elements like well-established commercial farming markets for edible insects, particularly in Thailand, the wide availability of different insects combined with enormous production, the favourable attitude toward using insects as food and feed, the absence of regulatory barriers to using insects as food and feed, and the presence of important market players in the area.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period. Due to the rising need for protein-rich, eco-friendly food is the cause of the rising demand for edible insects. The main causes of the expanding acceptance of edible insects in North America also include a growing acquaintance with insects as food, a decline in food neophobia, and a change in attitudes toward insects both generally and as food.
Key players in the market
Some of the key players in Edible Insects market include Beta Hatch, Protenga Pte. Ltd., Hexafly, Cricket Lab Limited, Nutrition Technologies Group, TEBRIO, InnovaFeed, EnviroFlight, Entomo Farms, Buhler Holding AG, Agriprotein, All Things Bugs, Llc, Armstrong Cricket Farm Georgia, Thailand Unique, Nordic Insect Economy Ltd.
Key Developments:
In May 2020, Beta Hatch, a U.S.-based insect rearing technology company, received $3 million in a Series A1 funding round from Cavallo Ventures, Wilbur-Ellis’ venture capital arm and early-stage venture firm Innova Memphis. The round also included investments from Klein Private Equity Investment and Brighton Jones Investment Partners. Beta Hatch is expected to open its mealworm production facility for animal feed in North America.
In March 2019, Buhler Holding AG entered into a partnership with Alfa Laval AB to develop advanced solutions for the insect protein industry.
In October 2018, Entomo Farms which turns crickets into snacks has announced that it is planning to expand its business. The company is planning to increase its insect-based food catches business.
Product Types Covered:
• Introduction
• Insect Oil
• Insect Powder
• Insect Meal
• Whole Insects
Insect Types Covered:
• Crickets
• Black Soldier Flies
• Mealworms
• Buffalo Worms
• Grasshoppers
• Ants
• Silkworms
• Cicadas
• Other Insect Types
Application Covered:
• Food & Beverages
• Feed
End User Covered:
• Animal Nutrition
• Human Consumption
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Edible Insects Market, By Product Type
5.1 Introduction
5.2 Insect Oil
5.3 Insect Powder
5.4 Insect Meal
5.5 Whole Insects
6 Global Edible Insects Market, By Insect Type
6.1 Introduction
6.2 Crickets
6.3 Black Soldier Flies
6.4 Mealworms
6.5 Buffalo Worms
6.6 Grasshoppers
6.7 Ants
6.8 Silkworms
6.9 Cicadas
6.10 Other Insect Types
7 Global Edible Insects Market, By Application
7.1 Introduction
7.2 Food & Beverages
7.2.1 Insect Beverages
7.2.2 Processed Insect Powder
7.2.3 Protein Bars & Shakes
7.2.4 Baked Products & Snacks
7.2.5 Insect Confectioneries
7.2.6 Processed Whole Insect
7.2.7 Other Food & Beverage Applications
7.3 Feed
7.3.1 Animal Feed
7.3.2 Aquaculture Feed
7.3.3 Pet Food
8 Global Edible Insects Market, By End User
8.1 Introduction
8.2 Animal Nutrition
8.3 Human Consumption
9 Global Edible Insects Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Beta Hatch
11.2 Protenga Pte. Ltd.
11.3 Hexafly
11.4 Cricket Lab Limited
11.5 Nutrition Technologies Group
11.6 TEBRIO
11.7 InnovaFeed
11.8 EnviroFlight
11.9 Entomo Farms
11.10 Buhler Holding AG
11.11 Agriprotein
11.12 All Things Bugs, Llc
11.13 Armstrong Cricket Farm Georgia
11.14 Thailand Unique
11.15 Nordic Insect Economy Ltd.
List of Tables
1 Global Edible Insects Market Outlook, By Region (2020-2028) ($MN)
2 Global Edible Insects Market Outlook, By Product Type (2020-2028) ($MN)
3 Global Edible Insects Market Outlook, By Insect Oil (2020-2028) ($MN)
4 Global Edible Insects Market Outlook, By Insect Powder (2020-2028) ($MN)
5 Global Edible Insects Market Outlook, By Insect Meal (2020-2028) ($MN)
6 Global Edible Insects Market Outlook, By Whole Insects (2020-2028) ($MN)
7 Global Edible Insects Market Outlook, By Insect Type (2020-2028) ($MN)
8 Global Edible Insects Market Outlook, By Crickets (2020-2028) ($MN)
9 Global Edible Insects Market Outlook, By Black Soldier Flies (2020-2028) ($MN)
10 Global Edible Insects Market Outlook, By Mealworms (2020-2028) ($MN)
11 Global Edible Insects Market Outlook, By Buffalo Worms (2020-2028) ($MN)
12 Global Edible Insects Market Outlook, By Grasshoppers (2020-2028) ($MN)
13 Global Edible Insects Market Outlook, By Ants (2020-2028) ($MN)
14 Global Edible Insects Market Outlook, By Silkworms (2020-2028) ($MN)
15 Global Edible Insects Market Outlook, By Cicadas (2020-2028) ($MN)
16 Global Edible Insects Market Outlook, By Other Insect Types (2020-2028) ($MN)
17 Global Edible Insects Market Outlook, By Application (2020-2028) ($MN)
18 Global Edible Insects Market Outlook, By Food & Beverages (2020-2028) ($MN)
19 Global Edible Insects Market Outlook, By Insect Beverages (2020-2028) ($MN)
20 Global Edible Insects Market Outlook, By Processed Insect Powder (2020-2028) ($MN)
21 Global Edible Insects Market Outlook, By Protein Bars & Shakes (2020-2028) ($MN)
22 Global Edible Insects Market Outlook, By Baked Products & Snacks (2020-2028) ($MN)
23 Global Edible Insects Market Outlook, By Insect Confectioneries (2020-2028) ($MN)
24 Global Edible Insects Market Outlook, By Processed Whole Insect (2020-2028) ($MN)
25 Global Edible Insects Market Outlook, By Other Food & Beverage Applications (2020-2028) ($MN)
26 Global Edible Insects Market Outlook, By Feed (2020-2028) ($MN)
27 Global Edible Insects Market Outlook, By Animal Feed (2020-2028) ($MN)
28 Global Edible Insects Market Outlook, By Aquaculture Feed (2020-2028) ($MN)
29 Global Edible Insects Market Outlook, By Pet Food (2020-2028) ($MN)
30 Global Edible Insects Market Outlook, By End User (2020-2028) ($MN)
31 Global Edible Insects Market Outlook, By Animal Nutrition (2020-2028) ($MN)
32 Global Edible Insects Market Outlook, By Human Consumption (2020-2028) ($MN)
33 North America Edible Insects Market Outlook, By Country (2020-2028) ($MN)
34 North America Edible Insects Market Outlook, By Product Type (2020-2028) ($MN)
35 North America Edible Insects Market Outlook, By Insect Oil (2020-2028) ($MN)
36 North America Edible Insects Market Outlook, By Insect Powder (2020-2028) ($MN)
37 North America Edible Insects Market Outlook, By Insect Meal (2020-2028) ($MN)
38 North America Edible Insects Market Outlook, By Whole Insects (2020-2028) ($MN)
39 North America Edible Insects Market Outlook, By Insect Type (2020-2028) ($MN)
40 North America Edible Insects Market Outlook, By Crickets (2020-2028) ($MN)
41 North America Edible Insects Market Outlook, By Black Soldier Flies (2020-2028) ($MN)
42 North America Edible Insects Market Outlook, By Mealworms (2020-2028) ($MN)
43 North America Edible Insects Market Outlook, By Buffalo Worms (2020-2028) ($MN)
44 North America Edible Insects Market Outlook, By Grasshoppers (2020-2028) ($MN)
45 North America Edible Insects Market Outlook, By Ants (2020-2028) ($MN)
46 North America Edible Insects Market Outlook, By Silkworms (2020-2028) ($MN)
47 North America Edible Insects Market Outlook, By Cicadas (2020-2028) ($MN)
48 North America Edible Insects Market Outlook, By Other Insect Types (2020-2028) ($MN)
49 North America Edible Insects Market Outlook, By Application (2020-2028) ($MN)
50 North America Edible Insects Market Outlook, By Food & Beverages (2020-2028) ($MN)
51 North America Edible Insects Market Outlook, By Insect Beverages (2020-2028) ($MN)
52 North America Edible Insects Market Outlook, By Processed Insect Powder (2020-2028) ($MN)
53 North America Edible Insects Market Outlook, By Protein Bars & Shakes (2020-2028) ($MN)
54 North America Edible Insects Market Outlook, By Baked Products & Snacks (2020-2028) ($MN)
55 North America Edible Insects Market Outlook, By Insect Confectioneries (2020-2028) ($MN)
56 North America Edible Insects Market Outlook, By Processed Whole Insect (2020-2028) ($MN)
57 North America Edible Insects Market Outlook, By Other Food & Beverage Applications (2020-2028) ($MN)
58 North America Edible Insects Market Outlook, By Feed (2020-2028) ($MN)
59 North America Edible Insects Market Outlook, By Animal Feed (2020-2028) ($MN)
60 North America Edible Insects Market Outlook, By Aquaculture Feed (2020-2028) ($MN)
61 North America Edible Insects Market Outlook, By Pet Food (2020-2028) ($MN)
62 North America Edible Insects Market Outlook, By End User (2020-2028) ($MN)
63 North America Edible Insects Market Outlook, By Animal Nutrition (2020-2028) ($MN)
64 North America Edible Insects Market Outlook, By Human Consumption (2020-2028) ($MN)
65 Europe Edible Insects Market Outlook, By Country (2020-2028) ($MN)
66 Europe Edible Insects Market Outlook, By Product Type (2020-2028) ($MN)
67 Europe Edible Insects Market Outlook, By Insect Oil (2020-2028) ($MN)
68 Europe Edible Insects Market Outlook, By Insect Powder (2020-2028) ($MN)
69 Europe Edible Insects Market Outlook, By Insect Meal (2020-2028) ($MN)
70 Europe Edible Insects Market Outlook, By Whole Insects (2020-2028) ($MN)
71 Europe Edible Insects Market Outlook, By Insect Type (2020-2028) ($MN)
72 Europe Edible Insects Market Outlook, By Crickets (2020-2028) ($MN)
73 Europe Edible Insects Market Outlook, By Black Soldier Flies (2020-2028) ($MN)
74 Europe Edible Insects Market Outlook, By Mealworms (2020-2028) ($MN)
75 Europe Edible Insects Market Outlook, By Buffalo Worms (2020-2028) ($MN)
76 Europe Edible Insects Market Outlook, By Grasshoppers (2020-2028) ($MN)
77 Europe Edible Insects Market Outlook, By Ants (2020-2028) ($MN)
78 Europe Edible Insects Market Outlook, By Silkworms (2020-2028) ($MN)
79 Europe Edible Insects Market Outlook, By Cicadas (2020-2028) ($MN)
80 Europe Edible Insects Market Outlook, By Other Insect Types (2020-2028) ($MN)
81 Europe Edible Insects Market Outlook, By Application (2020-2028) ($MN)
82 Europe Edible Insects Market Outlook, By Food & Beverages (2020-2028) ($MN)
83 Europe Edible Insects Market Outlook, By Insect Beverages (2020-2028) ($MN)
84 Europe Edible Insects Market Outlook, By Processed Insect Powder (2020-2028) ($MN)
85 Europe Edible Insects Market Outlook, By Protein Bars & Shakes (2020-2028) ($MN)
86 Europe Edible Insects Market Outlook, By Baked Products & Snacks (2020-2028) ($MN)
87 Europe Edible Insects Market Outlook, By Insect Confectioneries (2020-2028) ($MN)
88 Europe Edible Insects Market Outlook, By Processed Whole Insect (2020-2028) ($MN)
89 Europe Edible Insects Market Outlook, By Other Food & Beverage Applications (2020-2028) ($MN)
90 Europe Edible Insects Market Outlook, By Feed (2020-2028) ($MN)
91 Europe Edible Insects Market Outlook, By Animal Feed (2020-2028) ($MN)
92 Europe Edible Insects Market Outlook, By Aquaculture Feed (2020-2028) ($MN)
93 Europe Edible Insects Market Outlook, By Pet Food (2020-2028) ($MN)
94 Europe Edible Insects Market Outlook, By End User (2020-2028) ($MN)
95 Europe Edible Insects Market Outlook, By Animal Nutrition (2020-2028) ($MN)
96 Europe Edible Insects Market Outlook, By Human Consumption (2020-2028) ($MN)
97 Asia Pacific Edible Insects Market Outlook, By Country (2020-2028) ($MN)
98 Asia Pacific Edible Insects Market Outlook, By Product Type (2020-2028) ($MN)
99 Asia Pacific Edible Insects Market Outlook, By Insect Oil (2020-2028) ($MN)
100 Asia Pacific Edible Insects Market Outlook, By Insect Powder (2020-2028) ($MN)
101 Asia Pacific Edible Insects Market Outlook, By Insect Meal (2020-2028) ($MN)
102 Asia Pacific Edible Insects Market Outlook, By Whole Insects (2020-2028) ($MN)
103 Asia Pacific Edible Insects Market Outlook, By Insect Type (2020-2028) ($MN)
104 Asia Pacific Edible Insects Market Outlook, By Crickets (2020-2028) ($MN)
105 Asia Pacific Edible Insects Market Outlook, By Black Soldier Flies (2020-2028) ($MN)
106 Asia Pacific Edible Insects Market Outlook, By Mealworms (2020-2028) ($MN)
107 Asia Pacific Edible Insects Market Outlook, By Buffalo Worms (2020-2028) ($MN)
108 Asia Pacific Edible Insects Market Outlook, By Grasshoppers (2020-2028) ($MN)
109 Asia Pacific Edible Insects Market Outlook, By Ants (2020-2028) ($MN)
110 Asia Pacific Edible Insects Market Outlook, By Silkworms (2020-2028) ($MN)
111 Asia Pacific Edible Insects Market Outlook, By Cicadas (2020-2028) ($MN)
112 Asia Pacific Edible Insects Market Outlook, By Other Insect Types (2020-2028) ($MN)
113 Asia Pacific Edible Insects Market Outlook, By Application (2020-2028) ($MN)
114 Asia Pacific Edible Insects Market Outlook, By Food & Beverages (2020-2028) ($MN)
115 Asia Pacific Edible Insects Market Outlook, By Insect Beverages (2020-2028) ($MN)
116 Asia Pacific Edible Insects Market Outlook, By Processed Insect Powder (2020-2028) ($MN)
117 Asia Pacific Edible Insects Market Outlook, By Protein Bars & Shakes (2020-2028) ($MN)
118 Asia Pacific Edible Insects Market Outlook, By Baked Products & Snacks (2020-2028) ($MN)
119 Asia Pacific Edible Insects Market Outlook, By Insect Confectioneries (2020-2028) ($MN)
120 Asia Pacific Edible Insects Market Outlook, By Processed Whole Insect (2020-2028) ($MN)
121 Asia Pacific Edible Insects Market Outlook, By Other Food & Beverage Applications (2020-2028) ($MN)
122 Asia Pacific Edible Insects Market Outlook, By Feed (2020-2028) ($MN)
123 Asia Pacific Edible Insects Market Outlook, By Animal Feed (2020-2028) ($MN)
124 Asia Pacific Edible Insects Market Outlook, By Aquaculture Feed (2020-2028) ($MN)
125 Asia Pacific Edible Insects Market Outlook, By Pet Food (2020-2028) ($MN)
126 Asia Pacific Edible Insects Market Outlook, By End User (2020-2028) ($MN)
127 Asia Pacific Edible Insects Market Outlook, By Animal Nutrition (2020-2028) ($MN)
128 Asia Pacific Edible Insects Market Outlook, By Human Consumption (2020-2028) ($MN)
129 South America Edible Insects Market Outlook, By Country (2020-2028) ($MN)
130 South America Edible Insects Market Outlook, By Product Type (2020-2028) ($MN)
131 South America Edible Insects Market Outlook, By Insect Oil (2020-2028) ($MN)
132 South America Edible Insects Market Outlook, By Insect Powder (2020-2028) ($MN)
133 South America Edible Insects Market Outlook, By Insect Meal (2020-2028) ($MN)
134 South America Edible Insects Market Outlook, By Whole Insects (2020-2028) ($MN)
135 South America Edible Insects Market Outlook, By Insect Type (2020-2028) ($MN)
136 South America Edible Insects Market Outlook, By Crickets (2020-2028) ($MN)
137 South America Edible Insects Market Outlook, By Black Soldier Flies (2020-2028) ($MN)
138 South America Edible Insects Market Outlook, By Mealworms (2020-2028) ($MN)
139 South America Edible Insects Market Outlook, By Buffalo Worms (2020-2028) ($MN)
140 South America Edible Insects Market Outlook, By Grasshoppers (2020-2028) ($MN)
141 South America Edible Insects Market Outlook, By Ants (2020-2028) ($MN)
142 South America Edible Insects Market Outlook, By Silkworms (2020-2028) ($MN)
143 South America Edible Insects Market Outlook, By Cicadas (2020-2028) ($MN)
144 South America Edible Insects Market Outlook, By Other Insect Types (2020-2028) ($MN)
145 South America Edible Insects Market Outlook, By Application (2020-2028) ($MN)
146 South America Edible Insects Market Outlook, By Food & Beverages (2020-2028) ($MN)
147 South America Edible Insects Market Outlook, By Insect Beverages (2020-2028) ($MN)
148 South America Edible Insects Market Outlook, By Processed Insect Powder (2020-2028) ($MN)
149 South America Edible Insects Market Outlook, By Protein Bars & Shakes (2020-2028) ($MN)
150 South America Edible Insects Market Outlook, By Baked Products & Snacks (2020-2028) ($MN)
151 South America Edible Insects Market Outlook, By Insect Confectioneries (2020-2028) ($MN)
152 South America Edible Insects Market Outlook, By Processed Whole Insect (2020-2028) ($MN)
153 South America Edible Insects Market Outlook, By Other Food & Beverage Applications (2020-2028) ($MN)
154 South America Edible Insects Market Outlook, By Feed (2020-2028) ($MN)
155 South America Edible Insects Market Outlook, By Animal Feed (2020-2028) ($MN)
156 South America Edible Insects Market Outlook, By Aquaculture Feed (2020-2028) ($MN)
157 South America Edible Insects Market Outlook, By Pet Food (2020-2028) ($MN)
158 South America Edible Insects Market Outlook, By End User (2020-2028) ($MN)
159 South America Edible Insects Market Outlook, By Animal Nutrition (2020-2028) ($MN)
160 South America Edible Insects Market Outlook, By Human Consumption (2020-2028) ($MN)
161 Middle East & Africa Edible Insects Market Outlook, By Country (2020-2028) ($MN)
162 Middle East & Africa Edible Insects Market Outlook, By Product Type (2020-2028) ($MN)
163 Middle East & Africa Edible Insects Market Outlook, By Insect Oil (2020-2028) ($MN)
164 Middle East & Africa Edible Insects Market Outlook, By Insect Powder (2020-2028) ($MN)
165 Middle East & Africa Edible Insects Market Outlook, By Insect Meal (2020-2028) ($MN)
166 Middle East & Africa Edible Insects Market Outlook, By Whole Insects (2020-2028) ($MN)
167 Middle East & Africa Edible Insects Market Outlook, By Insect Type (2020-2028) ($MN)
168 Middle East & Africa Edible Insects Market Outlook, By Crickets (2020-2028) ($MN)
169 Middle East & Africa Edible Insects Market Outlook, By Black Soldier Flies (2020-2028) ($MN)
170 Middle East & Africa Edible Insects Market Outlook, By Mealworms (2020-2028) ($MN)
171 Middle East & Africa Edible Insects Market Outlook, By Buffalo Worms (2020-2028) ($MN)
172 Middle East & Africa Edible Insects Market Outlook, By Grasshoppers (2020-2028) ($MN)
173 Middle East & Africa Edible Insects Market Outlook, By Ants (2020-2028) ($MN)
174 Middle East & Africa Edible Insects Market Outlook, By Silkworms (2020-2028) ($MN)
175 Middle East & Africa Edible Insects Market Outlook, By Cicadas (2020-2028) ($MN)
176 Middle East & Africa Edible Insects Market Outlook, By Other Insect Types (2020-2028) ($MN)
177 Middle East & Africa Edible Insects Market Outlook, By Application (2020-2028) ($MN)
178 Middle East & Africa Edible Insects Market Outlook, By Food & Beverages (2020-2028) ($MN)
179 Middle East & Africa Edible Insects Market Outlook, By Insect Beverages (2020-2028) ($MN)
180 Middle East & Africa Edible Insects Market Outlook, By Processed Insect Powder (2020-2028) ($MN)
181 Middle East & Africa Edible Insects Market Outlook, By Protein Bars & Shakes (2020-2028) ($MN)
182 Middle East & Africa Edible Insects Market Outlook, By Baked Products & Snacks (2020-2028) ($MN)
183 Middle East & Africa Edible Insects Market Outlook, By Insect Confectioneries (2020-2028) ($MN)
184 Middle East & Africa Edible Insects Market Outlook, By Processed Whole Insect (2020-2028) ($MN)
185 Middle East & Africa Edible Insects Market Outlook, By Other Food & Beverage Applications (2020-2028) ($MN)
186 Middle East & Africa Edible Insects Market Outlook, By Feed (2020-2028) ($MN)
187 Middle East & Africa Edible Insects Market Outlook, By Animal Feed (2020-2028) ($MN)
188 Middle East & Africa Edible Insects Market Outlook, By Aquaculture Feed (2020-2028) ($MN)
189 Middle East & Africa Edible Insects Market Outlook, By Pet Food (2020-2028) ($MN)
190 Middle East & Africa Edible Insects Market Outlook, By End User (2020-2028) ($MN)
191 Middle East & Africa Edible Insects Market Outlook, By Animal Nutrition (2020-2028) ($MN)
192 Middle East & Africa Edible Insects Market Outlook, By Human Consumption (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
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