What is Global Edible Cooking Insects Market?
The Global Edible Cooking Insects Market is an intriguing sector that's gaining momentum across the globe. This market revolves around the cultivation, processing, and sale of insects for human consumption. With a valuation of US$ 662 million in 2023, it's a niche yet rapidly expanding industry, projected to soar to US$ 1589 million by 2030, marking a Compound Annual Growth Rate (CAGR) of 12.4% from 2024 to 2030. This growth is driven by a growing awareness of the nutritional benefits of insects, which are rich in protein, vitamins, and minerals, alongside an increasing focus on sustainable and eco-friendly food sources. Insects, being highly efficient in converting feed into edible body weight, offer a viable solution to the pressing global food security challenges. Moreover, the market's expansion is facilitated by the gradual shift in consumer attitudes, with many now viewing edible insects as a viable dietary option. This market's evolution reflects a broader trend towards alternative proteins and sustainable eating practices, positioning it at the forefront of the food industry's innovation.
Beetle, Mealworms, Others in the Global Edible Cooking Insects Market:
Diving into the specifics of the Global Edible Cooking Insects Market, we find that it is predominantly segmented by types such as Beetles, Mealworms, and Others. Beetles, known for their hard shells and diverse species, are a popular choice in many cultures for their rich flavor and nutritional content. Mealworms, the larvae of the darkling beetle, are another highly sought-after category, prized for their versatility in cooking and high protein content. The "Others" category encompasses a wide range of insects including crickets, grasshoppers, and ants, each offering unique flavors and textures to adventurous diners. These insects are not only consumed for their taste but also for their health benefits, as they are packed with essential amino acids, healthy fats, and micronutrients like iron and zinc. The cultivation and processing of these insects are becoming increasingly sophisticated, with advancements in farming techniques and processing technologies ensuring higher quality and safety standards. This segment's growth is propelled by the rising demand for sustainable and ethical food sources, as well as the culinary curiosity of consumers looking to explore new and exotic flavors. As the market matures, we're seeing a broader acceptance and integration of edible insects into mainstream cuisine, signaling a significant shift in global food culture.
Dining Room, Supermarket, Others in the Global Edible Cooking Insects Market:
The usage of the Global Edible Cooking Insects Market spans various areas, including Dining Rooms, Supermarkets, and Others. In Dining Rooms, chefs are creatively incorporating edible insects into dishes, offering a unique dining experience that challenges conventional food norms and caters to a growing demographic of eco-conscious and adventurous eaters. Supermarkets are increasingly stocking edible insect products, from whole insects like crickets and mealworms to processed forms such as powders and bars, making them more accessible to the general public. This availability is crucial in normalizing the consumption of insects and integrating them into daily diets. The "Others" category includes online platforms and specialty stores, which play a vital role in educating consumers and providing a wide array of insect-based products. These channels are instrumental in bridging the gap between traditional insect-eating cultures and Western markets, where eating insects is a relatively new concept. The expansion of edible insects into these areas is not just a testament to their versatility and appeal but also reflects a growing recognition of their potential to address food sustainability and security issues. As the market continues to evolve, we can expect to see even broader adoption and innovation in how edible insects are used and consumed.
Global Edible Cooking Insects Market Outlook:
Regarding the market outlook for the Global Edible Cooking Insects Market, it's clear that this sector is on a remarkable growth trajectory. Starting from a valuation of US$ 662 million in 2023, the market is forecasted to burgeon to US$ 1589 million by the year 2030. This impressive growth, characterized by a Compound Annual Growth Rate (CAGR) of 12.4% during the period from 2024 to 2030, underscores the increasing acceptance and demand for edible insects as a food source. This surge is underpinned by several factors, including the rising awareness of the environmental and health benefits of insect consumption, the ongoing search for sustainable protein sources, and the gradual cultural shift towards embracing alternative diets. The market's expansion is indicative of a broader movement towards sustainability and innovation in the food industry, reflecting changing consumer preferences and the global challenge of food security. As the market continues to mature, it will likely play a pivotal role in shaping future food systems, making edible insects a staple in diets around the world.
| Report Metric | Details |
| Report Name | Edible Cooking Insects Market |
| Accounted market size in 2023 | US$ 662 million |
| Forecasted market size in 2030 | US$ 1589 million |
| CAGR | 12.4% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| by Type |
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| by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Protifarm Holding NV, Protix, HaoCheng Mealworm Inc., Kreca Ento-Food BV, Chapul Cricket Protein, Exo Protein, JR Unique Foods Ltd., Part., Entomo Farms, Craft Crickets Inc., Crik Nutrition, Nutribug Ltd., Cricket Flours LLC., Bugsolutely Ltd., DeliBugs |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
