Insect Snacks Market Research Report – Global Forecast till 2027

Insect Snacks Market Research Report: Information by Insect Type (Coleoptera, Lepidoptera, Hymenoptera, Orthoptera), Packaging Type (Cans, Pouches), End-Use (Food Retail, Food Service), Region (North America, Europe, Asia-Pacific, RoW) — Global Forecast till 2027

ID: MRFR/F-B & N/6055-HCR | August 2022 | Region: Global | 90 Pages         

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Rivalry

5 Market Dynamics of Global Insect Snacks Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Insect Snacks Market, by Insect Type

6.1 Introduction

6.2 Coleoptera

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 Lepidoptera

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, by Region, 2020–2027

6.4 Hymenoptera

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast, by Region, 2020–2027

6.5 Orthoptera

6.5.1 Market Estimates & Forecast, 2020–2027

6.5.2 Market Estimates & Forecast, by Region, 2020–2027

6.6 Hemiptera

6.6.1 Market Estimates & Forecast, 2020–2027

6.6.2 Market Estimates & Forecast, by Region, 2020–2027

6.7 Others

6.7.1 Market Estimates & Forecast, 2020–2027

6.7.2 Market Estimates & Forecast, by Region, 2020–2027

7. Global Insect Snacks Market, by Packaging Type

7.1 Introduction

7.2 Cans

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Pouches

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 Bottles

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.5 Others

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Insect Snacks Market, by End-Use

8.1 Introduction

8.2 Food Retail

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Food Service

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

9. Global Insect Snacks Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.2.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.2.5 US

9.2.5.1 Market Estimates & Forecast, 2020–2027

9.2.5.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.2.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.5.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2020–2027

9.2.6.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.2.6.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.6.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.2.7 Mexico

9.2.7.1 Market Estimates & Forecast, 2020–2027

9.2.7.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.2.7.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.7.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.3.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.3.5 Germany

9.3.5.1 Market Estimates & Forecast, 2020–2027

9.3.5.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.3.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.5.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.3.6 France

9.3.6.1 Market Estimates & Forecast, 2020–2027

9.3.6.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.3.6.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.6.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.3.7 Italy

9.3.7.1 Market Estimates & Forecast, 2020–2027

9.3.7.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.3.7.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.7.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.3.8 Spain

9.3.8.1 Market Estimates & Forecast, 2020–2027

9.3.8.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.3.8.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.8.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.3.9 UK

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.3.9.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.9.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.3.10 Rest of Europe

9.3.10.1 Market Estimates & Forecast, 2020–2027

9.3.10.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.3.10.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.10.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.4.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2020–2027

9.4.5.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.4.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.5.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.4.6 India

9.4.6.1 Market Estimates & Forecast, 2020–2027

9.4.6.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.4.6.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.6.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2020–2027

9.4.7.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.4.7.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.7.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.4.8 Australia & New Zealand

9.4.8.1 Market Estimates & Forecast, 2020–2027

9.4.8.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.4.8.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.8.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, 2020–2027

9.4.9.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.4.9.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.9.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.5 Rest of the World (RoW)

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.5.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.5.5 South America

9.5.5.1 Market Estimates & Forecast, 2020–2027

9.5.5.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.5.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.5.5.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.5.6 Middle East

9.5.6.1 Market Estimates & Forecast, 2020–2027

9.5.6.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.5.6.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.5.6.4 Market Estimates & Forecast, by End-Use, 2020–2027

9.5.7 Africa

9.5.7.1 Market Estimates & Forecast, 2020–2027

9.5.7.2 Market Estimates & Forecast, by Insect Type, 2020–2027

9.5.7.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.5.7.4 Market Estimates & Forecast, by End-Use, 2020–2027

10. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis

(Expansions/ Mergers and Acquisitions/ Joint Ventures/ New Product Developments/ Agreements/ Investments

11. Company Profiles

11.1 Eat Grub

11.1.1 Company Overview

11.1.2 Financial Updates

11.1.3 Product/Business Segment Overview

11.1.4 Strategy

11.1.5 Key Developments

11.1.6 SWOT Analysis

11.2 Jimini’s

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Product/Business Segment Overview

11.2.4 Strategy

11.2.5 Key Developments

11.2.6 SWOT Analysis

11.3 Thailand Unique

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Product/Business Segment Overview

11.3.4 Strategy

11.3.5 Key Developments

11.3.6 SWOT Analysis

11.4 Entomo Farms

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Product/Business Segment Overview

11.4.4 Strategy

11.4.5 Key Developments

11.4.6 SWOT Analysis

11.5 Chapul Cricket Protein

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Product/Business Segment Overview

11.5.4 Strategy

11.5.5 Key Developments

11.5.6 SWOT Analysis

11.6 Edible Inc.

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Product/Business Segment Overview

11.6.4 Strategy

11.6.5 Key Developments

11.6.6 SWOT Analysis

11.7 Cricket Flours

11.7.1 Company Overview

11.7.2 Financial Updates

11.7.3 Product/Business Segment Overview

11.7.4 Strategy

11.7.5 Key Developments

11.7.6 SWOT Analysis

11.8 EXO

11.8.1 Company Overview

11.8.2 Financial Updates

11.8.3 Product/Business Segment Overview

11.8.4 Strategy

11.8.5 Key Developments

11.8.6 SWOT Analysis

11.9 Six Foods

11.9.1 Company Overview

11.9.2 Financial Updates

11.9.3 Product/Business Segment Overview

11.9.4 Strategy

11.9.5 Key Developments

11.9.6 SWOT Analysis

12. Conclusion

LIST OF TABLES

Table 1 Global Insect Snacks Market, by Region, 2020–2027 (USD Million)

Table 2 Global Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 3 Global Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 4 Global Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 5 North America: Insect Snacks Market, by Country, 2020–2027 (USD Million)

Table 6 North America: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 7 North America: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 8 North America: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 9 US: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 10 US: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 11 US: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 12 Canada: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 13 Canada: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 14 Canada: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 15 Mexico: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 16 Mexico: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 17 Mexico: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 18 Europe: Insect Snacks Market, by Country, 2020–2027 (USD Million)

Table 19 Europe: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 20 Europe: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 21 Europe: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 22 Germany: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 23 Germany: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 24 Germany: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 25 France: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 26 France: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 27 France: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 28 Italy: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 29 Italy: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 30 Italy: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 31 Spain: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 32 Spain: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 33 Spain: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 34 UK: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 35 UK: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 36 UK: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 37 Rest of Europe: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 38 Rest of Europe: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 39 Rest of Europe: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 40 Asia-Pacific: Insect Snacks Market, by Country, 2020–2027 (USD Million)

Table 41 Asia-Pacific: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 42 Asia-Pacific: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 43 Asia-Pacific: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 44 China: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 45 China: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 46 China: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 47 India: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 48 India: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 49 India: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 50 Japan: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 51 Japan: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 52 Japan: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 53 Australia and New Zealand: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 54 Australia and New Zealand: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 55 Australia and New Zealand: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 56 Rest of Asia-Pacific: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 57 Rest of Asia-Pacific: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 58 Rest of Asia-Pacific: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 59 Rest of the World (RoW): Insect Snacks Market, by Country, 2020–2027 (USD Million)

Table 60 Rest of the World (RoW): Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 61 Rest of the World (RoW): Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 62 Rest of the World (RoW): Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 63 South America: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 64 South America: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 65 South America: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 66 Middle East: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 67 Middle East: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 68 Middle East: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

Table 69 Africa: Insect Snacks Market, by Insect Type, 2020–2027 (USD Million)

Table 70 Africa: Insect Snacks Market, by Packaging Type, 2020–2027 (USD Million)

Table 71 Africa: Insect Snacks Market, by End-Use, 2020–2027 (USD Million)

 

LIST OF FIGURES

FIGURE 1 Global Insect Snacks Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Insect Snacks Market

FIGURE 4 Value Chain of Global Insect Snacks Market

FIGURE 5 Share of Global Insect Snacks Market in 2020, by Country (%)

FIGURE 6 Global Insect Snacks Market, by Region, 2020–2027,

FIGURE 7 Global Insect Snacks Market Size, by Insect Type, 2020

FIGURE 8 Share of Global Insect Snacks Market, by Insect Type, 2020–2027 (%)

FIGURE 9 Global Insect Snacks Market Size, by Packaging Type, 2020

FIGURE 10 Share of Global Insect Snacks Market, by Packaging Type, 2020–2027 (%)

FIGURE 11 Global Insect Snacks Market Size, by End-Use, 2020

FIGURE 12 Share of Global Insect Snacks Market, by End-Use, 2020–2027 (%)

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Market Scenario


The global insect snacks market is projected to witness a significant growth rate during the forecast period, owing to the surging acceptance of the consumption of insects and insect-based ingredients in the form of snacks. Increasing consumption of convenience snacks due to the busy lifestyle of people is yet another determinant fuelling the growth of the insect snacks market. Being nutritive in nature, snacks prepared from insects offer most of the nutrients required by the human body, such as protein, vitamins, and minerals.


A major market restraint is the growing trend of veganism. According to a data cited by the Food Revolution Network, the number of consumers in the US identifying themselves as vegan increased by approximately 600%, reaching a share of 6% in 2017, as compared to the 1% of US consumers in 2014. Similarly, the UK witnessed an increase of 350% in the number of consumers identifying themselves as vegan.


Rearing of insects for food is an environment-friendly alternative as insects offer a high feed conversion efficiency. For instance, crickets require only 2 kilograms of feed for every 1 kilogram of body weight gain. The feed provided to insects while rearing is mainly food or kitchen leftovers, leading to lowered dumping of waste in landfills. Hence, insect rearing for food is a crucial emerging trend in sustainable industrial farming and is expected to pave the way for several profitable growth opportunities for the market players during the coming years.


Segmentation


The global insect snacks market has been segmented based on insect type, packaging type, end-use, and region.


By insect type, the global insect snacks market has been classified as Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera, and others.


The global insect snacks market has also been segregated, on the basis of packaging type, into cans


pouches, bottles, and others.


By end-use, the global insect snacks market is categorized into food service and food retail.


The global insect snacks market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American insect snacks market has further been segmented into the US, Canada, and Mexico. The European insect snacks market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The insect snacks market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The insect snacks market in the rest of the world has been segmented into South America, the Middle East, and Africa.


Regional Market Summary


Global Insect Snacks Market Share (%), by Region, 2017


Insect Snacks Market


Source: Secondary Sources and MRFR Analysis


Asia-Pacific is projected to dominate the insect snacks market during the forecast period as entomophagy is a common practice in a majority of Asia-Pacific countries. Being a rich source of various nutrients, insect snacks are gaining demand among the consumers in North America. In Europe, the demand for insect snacks is comparatively low owing to the growing trend of veganism and low adoption of entomophagy.


Global Insect Snacks Market, by Insect Type



  • Coleoptera

  • Lepidoptera

  • Hymenoptera

  • Orthoptera

  • Hemiptera

  • Others


Global Insect Snacks Market, by Packaging Type



  • Cans

  • Pouches

  • Bottles

  • Others


Global Insect Snacks Market, by End-Use



  • Food Service

  • Food Retail


Global Insect Snacks Market, by Region



  • North America

    • US

    • Canada

    • Mexico



  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific



  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Key Players in the Global Insect Snacks Market



  • Eat Grub (UK)  

  • Jimini’s (France)

  • Thailand Unique (Thailand)

  • Entomo Farms (Canada)

  • Chapul Cricket Protein (US)

  • Edible Inc. (Korea)

  • Cricket Flours (US)

  • EXO (US)

  • Six Foods (US)


Intended Audience



  • Insect snacks producers/processors

  • Food & beverage manufacturers

  • Raw material suppliers and distributors

  • Traders, exporters, and importers



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