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The growth of this market is attributed to the growing need for protein alternatives as global food scarcity grows, the environmental benefits associated with grasshoppers, and the rising demand for grasshoppers in the animal feed industry. Additionally, increasing awareness about edible insects offers significant growth opportunities for edible grasshopper vendors.
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Edible Grasshoppers Market to be Worth $236.35 Million by 2030
Global Edible Grasshoppers Market – 2023-2030 Meticulous Research®—a leading global market research company, published a research report titled, ‘Edible Grasshoppers Market by Product Type (Dried Grasshoppers, Powdered Grasshoppers, Frozen Grasshoppers), End Use (Human Nutrition, Animal Nutrition), Distribution Channel (Offline, Online) - Global Forecast to 2030.’ According to this latest publication from Meticulous Research®, the edible grasshoppers market is expected to record a CAGR of 20.4% from 2023 to 2030 to reach $236.35 million by 2030. The growth of this market is attributed to environmental benefits associated with grasshoppers; the growing need for protein alternatives as global food scarcity grows, and the rising demand for grasshoppers in the animal feed industry. Additionally, increasing awareness about edible insects offers significant growth opportunities for edible grasshopper vendors. However, the lack of a standardized regulatory framework and psychological and ethical barriers to consuming insects as food restrains the edible grasshoppers market growth. Download Sample Report Here @ https://www.meticulousresearch.com/download- sample-report/cp_id=5558 Key Players The key players operating in the edible grasshoppers market are Proscientia (China), Hargol FoodTech (Israel), Protix B.V. (Netherlands), Kreca Ento-Feed BV (Netherlands), and Heze Jianuojia Pet Products Co., Ltd. (China). The edible grasshoppers market is segmented based on product type, end use, distribution channel, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels. Based on product type, the edible grasshoppers market is segmented into dry grasshoppers, powdered grasshoppers, frozen grasshoppers, and other product types. In 2023, the dry grasshoppers segment is expected to account for the largest share of the edible grasshoppers market. The large market share of this segment is attributed to easy availability, the requirement for lower costs compared to processed grasshopper products, and the inaccessibility of processing techniques in some regions. However, the powdered grasshoppers segment is expected to register the highest CAGR during the forecast period. Based on end use, the edible grasshoppers market is segmented into human nutrition and animal nutrition. In 2023, the human nutrition segment is expected to account for the largest share of the edible grasshoppers market. The large market share of this segment is attributed to their acceptance and adoption as a food source, a diverse nutrient profile, and high demand for innovative and unique products. This segment is also expected to register the highest CAGR during the forecast period due to grasshoppers being considered a reliable source of protein in health products. Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com
Global Edible Grasshoppers Market – 2023-2030 Based on distribution channel, the edible grasshoppers market is segmented into offline distribution and online distribution. In 2023, the offline distribution segment is expected to account for the largest share of the edible grasshoppers market. The major market share of offline distribution channels is attributed to the higher preference of consumers for traditional shopping experiences from physical stores offering easy accessibility, quick purchase for fresh produce, and conventional trust and familiarity. Buy Now: https://www.meticulousresearch.com/Checkout/94001457 Based on geography, in 2023, Europe is expected to account for the largest share of the edible grasshoppers market. Europe’s major market share is attributed to the consumers’ positive attitude toward the consumption of insects as food & feed, government approval for the grasshoppers, a well-established commercial farming market for edible insects, and the presence of well-established manufacturers. However, North America is projected to register the highest CAGR during the forecast period. The growth of this regional market is attributed to the growing demand for a sustainable protein diet, growing concerns about meat production, and increasing demand for insect-based products. Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com
