The Asia-Pacific edible insects market is projected to register a substantial CAGR of 25.5% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation:
Asia-Pacific Edible Insects Market, By Insect Type (Crickets, Mealworms, Black Soldier Flies, Buffalo worms, Grasshoppers, Ants, Silkworms, Cicadas, and Others), Insect Category (Regular Insects, Premium Diet-Fed Insects), By Application (Human Consumption Products, Animal Nutrition, Insect Oil, Pharmaceuticals, Cosmetics, Personal Care, Others), By Distribution Channel (Direct, Indirect) Country (China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, New Zealand, and Rest of Asia-Pacific) Industry Trends and Forecast to 2030
Some of the major factors contributing to the growth of the Asia-Pacific edible insects market are:
Rising inclination towards the consumption of protein-rich food coupled with changing food habits of many individuals
A suitable alternative to high-cost conventional protein sources
Market Players:
Some of the major players operating in the Asia-Pacific edible insects market are:
The Asia-Pacific edible insects market is projected to register a substantial CAGR of 25.5% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation:
Asia-Pacific Edible Insects Market, By Insect Type (Crickets, Mealworms, Black Soldier Flies, Buffalo worms, Grasshoppers, Ants, Silkworms, Cicadas, and Others), Insect Category (Regular Insects, Premium Diet-Fed Insects), By Application (Human Consumption Products, Animal Nutrition, Insect Oil, Pharmaceuticals, Cosmetics, Personal Care, Others), By Distribution Channel (Direct, Indirect) Country (China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, New Zealand, and Rest of Asia-Pacific) Industry Trends and Forecast to 2030
Some of the major factors contributing to the growth of the Asia-Pacific edible insects market are:
Rising inclination towards the consumption of protein-rich food coupled with changing food habits of many individuals
A suitable alternative to high-cost conventional protein sources
Market Players:
Some of the major players operating in the Asia-Pacific edible insects market are:
Xiamen Water Life Imp. & Exp. Co., Ltd.
TABLE OF CONTENTS
1 INTRODUCTION 121
1.1 OBJECTIVES OF THE STUDY 121
1.2 MARKET DEFINITION 121
1.3 OVERVIEW OF THE ASIA PACIFIC EDIBLE INSECTS MARKET 121
1.4 CURRENCY AND PRICING 123
1.5 LIMITATIONS 123
1.6 MARKETS COVERED 123
2 ASIA PACIFIC EDIBLE INSECTS MARKET: SEGMENTATION 128
2.1 MARKETS COVERED 128
2.2 GEOGRAPHICAL SCOPE 129
2.3 YEARS CONSIDERED FOR THE STUDY 130
2.4 DBMR TRIPOD DATA VALIDATION MODEL 131
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 134
2.6 MULTIVARIATE MODELLING 135
2.7 INSECT TYPE LIFELINE CURVE 135
2.8 DBMR MARKET POSITION GRID 136
2.9 VENDOR SHARE ANALYSIS 137
2.10 MARKET APPLICATION COVERAGE GRID 138
2.11 SECONDARY SOURCES 139
3 EXECUTIVE SUMMARY 140
4 PREMIUM INSIGHTS 142
4.1 PORTERS FIVE FORCES 143
4.2 CUSTOMER BARGAINING POWER: 143
4.3 SUPPLIER BARGAINING POWER: 143
4.4 THE THREAT OF NEW ENTRANTS 144
4.5 THE THREAT OF SUBSTITUTES 144
4.6 INTERNAL COMPETITION (RIVALRY) 144
4.7 IMPORT-EXPORT ANALYSIS 145
4.8 INDUSTRY TRENDS AND FUTURE PERSPECTIVE 147
4.9 GROWTH STRATEGIES ADOPTED BY KEY MARKET PLAYERS 148
4.10 SUPPLY CHAIN ANALYSIS 150
4.11 DESIGNING A SUPPLY CHAIN AND ITS IMPORTANCE 150
4.12 SCENARIO IN ASIAN COUNTRIES 150
4.13 SCENARIO IN AFRICA AND EUROPEAN UNION 150
4.14 ADOPTION OF E-COMMERCE 151
4.15 CONCLUSION 151
4.16 TECHNOLOGICAL OVERVIEW ON PRODUCTION METHODS 152
4.17 VALUE CHAIN OF EDIBLE INSECTS MARKET - 155
4.18 IMPACT OF ECONOMIC SLOWDOWN ON MARKET 157
5 REGULATORY FRAMEWORK AND GUIDELINES 159
5.1 REGULATORY SCENARIO IN EUROPEAN UNION 159
5.2 REGULATORY SCENARIO IN AMERICAS 160
5.3 REGULATORY SCENARIO IN ASIA-PACIFIC 160
5.4 REGULATORY SCENARIO IN MIDDLE EAST AND AFRICA 161
6 MARKET OVERVIEW 162
6.1 DRIVERS 164
6.1.1 RISING INCLINATION TOWARDS THE CONSUMPTION OF PROTEIN-RICH FOOD COUPLED WITH CHANGING FOOD HABITS OF MANY INDIVIDUALS 164
6.1.2 COMMERCIAL BENEFIT OF INSECT FARMING 164
6.1.3 SUITABLE ALTERNATIVE TO HIGH-COST CONVENTIONAL PROTEIN SOURCES 165
6.1.4 MINIMAL RISK OF TRANSMITTING ZOONOTIC DISEASES WITH THE CONSUMPTION OF EDIBLE INSECTS 165
6.2 RESTRAINTS 166
6.2.1 LACK OF AWARENESS REGARDING THE CONSUMPTION OF EDIBLE INSECTS 166
6.2.2 NON-STANDARDIZED REGULATORY FRAMEWORK IN SOME REGIONS 166
6.2.3 INCREASING PSYCHOLOGICAL AND ETHICAL BARRIERS 167
6.3 OPPORTUNITIES 167
6.3.1 RISING AWARENESS REGARDING NUTRITIONAL BENEFITS 167
6.3.2 POTENTIAL UTILIZATION OF EDIBLE INSECTS FOR ANIMAL FEED 168
6.4 CHALLENGES 168
6.4.1 INCREASING MAJOR FOOD SAFETY HAZARDS AND GUIDELINES 168
6.4.2 THREAT OF RISING PREVALENCE OF CHRONIC DISEASE 169
7 ASIA PACIFIC EDIBLE INSECTS MARKET, BY INSECT TYPE 170
7.1 OVERVIEW 171
7.2 CRICKETS 174
7.3 MEALWORMS 174
7.4 GRASSHOPPERS 175
7.5 CICADAS 176
7.6 BLACK SOLDIER 177
7.7 SILKWORMS 177
7.8 ANTS 178
7.9 BUFFALO WORMS 179
7.10 OTHERS 180
8 ASIA PACIFIC EDIBLE INSECTS MARKET, BY INSECT CATEGORY 181
8.1 OVERVIEW 182
8.2 REGULAR INSECTS 185
8.3 PREMIUM DIET FED INSECTS 186
9 ASIA PACIFIC EDIBLE INSECTS MARKET, BY APPLICATION 187
9.1 OVERVIEW 188
9.2 HUMAN CONSUMPTION PRODUCTS 190
9.2.1 HUMAN CONSUMPTION PRODUCTS, BY TYPE 191
9.2.1.1 WHOLE INSECTS 192
9.2.1.2 INSECT FLOURS AND POWDER 192
9.2.1.3 NUTRITION INSECTS BAR 192
9.2.1.4 INSECT SNACKS 192
9.2.1.4.1 PROCESSED INSECTS 192
9.2.1.4.2 CHIPS 192
9.2.1.4.3 CRACKERS 192
9.2.1.5 BEVERAGES 192
9.2.1.5.1 PROTEIN DRINKS 193
9.2.1.5.2 INSECT DRINKS 193
9.2.1.5.3 BEER 193
9.2.1.5.4 SOFT DRINKS 193
9.2.1.5.5 SPIRITS 193
9.2.1.6 PROCESSED FOOD 193
9.2.1.6.1 PASTA 194
9.2.1.6.2 NOODLES 194
9.2.1.7 CONFECTIONERY 194
9.2.1.7.1 CANDIES 194
9.2.1.7.2 LOLLIES 194
9.2.1.7.3 CHOCOLATES 195
9.2.1.8 INSECT BAKERY 195
9.2.1.8.1 COOKIES 195
9.2.1.8.2 BREAD 195
9.2.2 HUMAN CONSUMPTION PRODUCTS, BY INSECT TYPE 196
9.2.2.1 CRICKETS 196
9.2.2.2 MEALWORMS 196
9.2.2.3 GRASSHOPPERS 196
9.2.2.4 CICADAS 196
9.2.2.5 BLACK SOLDIER FLIES 196
9.2.2.6 SILKWORMS 196
9.2.2.7 ANTS 197
9.2.2.8 BUFFALO WORMS 197
9.2.2.9 OTHERS 197
9.3 ANIMAL NUTRITION 197
9.3.1 ANIMAL NUTRITION, BY PRODUCT TYPE 198
9.3.1.1 INSECT MEAL 198
9.3.1.2 INSECT PROTEIN (AS INGREDIENT) 198
9.3.2 ANIMAL NUTRITION, BY LIVESTOCK TYPE 198
9.3.2.1 AQUATIC NUTRITION 199
9.3.2.1.1 FISH 199
9.3.2.1.2 CRUSTACEANS 199
9.3.2.1.3 MOLLUSKS 199
9.3.2.2 PET NUTRITION 199
9.3.2.3 SWINE NUTRITION 199
9.3.2.3.1 SOW 200
9.3.2.3.2 GROWER 200
9.3.2.3.3 STARTER 200
9.3.2.4 POULTRY NUTRITION 200
9.3.2.4.1 BROILERS 200
9.3.2.4.2 LAYERS 201
9.3.2.4.3 BREEDERS 201
9.3.2.5 RUMINANT NUTRITION 201
9.3.2.5.1 BEEF CATTLE 201
9.3.2.5.2 DAIRY CATTLE 201
9.3.2.5.3 CALVES 201
9.3.3 ANIMAL NUTRITION, BY INSECT TYPE 202
9.3.3.1 CRICKETS 202
9.3.3.2 MEALWORMS 202
9.3.3.3 GRASSHOPPERS 202
9.3.3.4 CICADAS 202
9.3.3.5 BLACK SOLDIER FLIES 202
9.3.3.6 SILKWORMS 202
9.3.3.7 ANTS 203
9.3.3.8 BUFFALO WORMS 203
9.3.3.9 OTHERS 203
9.4 INSECT OIL 203
9.4.1 CRICKETS 204
9.4.2 MEALWORMS 204
9.4.3 GRASSHOPPERS 204
9.4.4 CICADAS 204
9.4.5 BLACK SOLDIER FLIES 204
9.4.6 SILKWORMS 204
9.4.7 ANTS 204
9.4.8 BUFFALO WORMS 205
9.4.9 OTHERS 205
9.5 PHARMACEUTICAL 205
9.5.1 CRICKETS 206
9.5.2 MEALWORMS 206
9.5.3 GRASSHOPPERS 206
9.5.4 CICADAS 206
9.5.5 BLACK SOLDIER FLIES 206
9.5.6 SILKWORMS 206
9.5.7 ANTS 206
9.5.8 BUFFALO WORMS 207
9.5.9 OTHERS 207
9.6 COSMETICS 207
9.6.1 CRICKETS 208
9.6.2 MEALWORMS 208
9.6.3 GRASSHOPPERS 208
9.6.4 CICADAS 208
9.6.5 BLACK SOLDIER FLIES 208
9.6.6 SILKWORMS 208
9.6.7 ANTS 208
9.6.8 BUFFALO WORMS 209
9.6.9 OTHERS 209
9.7 PERSONAL CARE 209
9.7.1 PERSONAL CARE, BY TYPE 209
9.7.1.1 SKIN CARE 210
9.7.1.2 HAIR CARE 210
9.7.2 PERSONAL CARE, BY INSECT TYPE 210
9.7.2.1 CRICKETS 210
9.7.2.2 MEALWORMS 210
9.7.2.3 GRASSHOPPERS 211
9.7.2.4 CICADAS 211
9.7.2.5 BLACK SOLDIER FLIES 211
9.7.2.6 SILKWORMS 211
9.7.2.7 ANTS 211
9.7.2.8 BUFFALO WORMS 211
9.7.2.9 OTHERS 211
9.8 OTHERS 211
10 ASIA PACIFIC EDIBLE INSECTS MARKET, BY DISTRIBUTION CHANNEL 213
10.1 OVERVIEW 214
10.2 DIRECT 217
10.3 INDIRECT 217
11 ASIA PACIFIC EDIBLE INSECTS MARKET, BY REGION 219
11.1 ASIA-PACIFIC 220
11.1.1 CHINA 239
11.1.2 THAILAND 253
11.1.3 INDIA 267
11.1.4 AUSTRALIA 280
11.1.5 MALAYSIA 294
11.1.6 JAPAN 308
11.1.7 SOUTH KOREA 321
11.1.8 SINGAPORE 335
11.1.9 INDONESIA 349
11.1.10 PHILIPPINES 363
11.1.11 NEW ZEALAND 377
11.1.12 VIETNAM 390
11.1.13 REST OF ASIA-PACIFIC 404
12 ASIA PACIFIC EDIBLE INSECTS MARKET: COMPANY LANDSCAPE 406
12.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 406
13 SWOT ANALYSIS 407
14 COMPANY PROFILE 408
14.1 YNSECT 408
14.1.1 COMPANY SNAPSHOT 408
14.1.2 COMPANY SHARE ANALYSIS 408
14.1.3 PRODUCT PORTFOLIO 409
14.1.4 RECENT DEVELOPMENTS 409
14.2 ASPIRE FOOD GROUP 410
14.2.1 COMPANY SNAPSHOT 410
14.2.2 COMPANY SHARE ANALYSIS 410
14.2.3 PRODUCT PORTFOLIO 411
14.2.4 RECENT DEVELOPMENTS 411
14.3 XIAMEN WATER LIFE IMP. & EXP. CO., LTD. 412
14.3.1 COMPANY SNAPSHOT 412
14.3.2 COMPANY SHARE ANALYSIS 412
14.3.3 PRODUCT PORTFOLIO 413
14.3.4 RECENT DEVELOPMENTS 413
14.4 BETA HATCH 414
14.4.1 COMPANY SNAPSHOT 414
14.4.2 COMPANY SHARE ANALYSIS 414
14.4.3 PRODUCT PORTFOLIO 415
14.4.4 RECENT DEVELOPMENTS 415
14.5 FLUCKERS CRICKET FARM 416
14.5.1 COMPANY SNAPSHOT 416
14.5.2 COMPANY SHARE ANALYSIS 416
14.5.3 PRODUCT PORTFOLIO 417
14.5.4 RECENT DEVELOPMENTS 417
14.6 ARMSTRONG CRICKETS GEORGIA 418
14.6.1 COMPANY SNAPSHOT 418
14.6.2 PRODUCT PORTFOLIO 418
14.6.3 RECENT DEVELOPMENTS 418
14.7 CHAPUL, LLC 419
14.7.1 COMPANY SNAPSHOT 419
14.7.2 PRODUCT PORTFOLIO 419
14.7.3 RECENT DEVELOPMENTS 419
14.8 ENTOMO FARMS 420
14.8.1 COMPANY SNAPSHOT 420
14.8.2 COMPANY SHARE ANALYSIS 420
14.8.3 PRODUCT PORTFOLIO 421
14.8.4 RECENT DEVELOPMENTS 421