Press release
Meticulous Research® Forecasts Exponential Growth: Southeast Asia Edible Insects Market Set to Surpass $1.58 Billion by 2030
[Redding, California . 26-02-2024] - Meticulous Research®, a renowned global market research firm, has announced the release of its latest report titled "Southeast Asia Edible Insects Market by Product, Insect Type, Application, and Country-Forecast to 2030." This comprehensive study projects robust growth for the Southeast Asia Edible Insects Market, with an anticipated value of $1.58 billion by 2030, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 24.1% from 2023.
Catalysts for Growth:
The burgeoning Southeast Asia Edible Insects Market is fueled by various factors, including escalating greenhouse gas emissions from traditional livestock industries, burgeoning demand for insect protein in animal feed applications, and a burgeoning population coupled with increasing awareness regarding the benefits of alternative protein sources. Moreover, the rising popularity of insect-infused food products promises lucrative growth opportunities. However, challenges such as psychological barriers to insect consumption, the expanding vegan demographic, and potential allergy risks pose hurdles to market expansion.
Download Free Sample Report : https://www.meticulousresearch.com/download-sample-report/cp_id=5560
Market Landscape:
The Southeast Asia Edible Insects Market features a moderately competitive landscape, characterized by the presence of numerous global, regional, and local players. Key market participants include Ÿnsect (SAS), Protix B.V., InnovaFeed, EnviroFlight, LLC, Nutrition Technologies Group, Aspire Food Group, All Things Bugs LLC, Global Bugs Asia Co., Ltd, JR Unique Foods, Cricket Lab Limited, Enorm Biofactory A/S, SFly Comgraf SAS, and Protenga Pte. Ltd.
In-depth Market Analysis:
The report provides comprehensive insights into market dynamics, historical data, current estimations, and forecasts for 2030. Market segmentation encompasses product types, insect varieties, applications, end uses, and country-specific analyses, facilitating a thorough understanding of regional and industry-specific trends.
Request Sample Report : https://www.meticulousresearch.com/request-sample-report/cp_id=5560
Key Findings:
Product Segment: The whole insects segment is poised to dominate the market, driven by factors such as accessibility, limited processing infrastructure, increasing adoption of insect-based foods, and growing recognition as a sustainable protein source.
Insect Type: The black soldier fly (BSF) segment is projected to exhibit the highest CAGR, attributed to escalating demand from the animal feed sector, driven by soaring soy meal prices, expansion of the aquaculture industry, and heightened awareness of its high protein content.
Application: Food & beverages emerge as the largest segment, fueled by escalating demand for high-quality protein sources, environmental sustainability concerns, and the growing utilization of insect powder in food processing.
Quick Buy @ https://www.meticulousresearch.com/Checkout/13577294
End Use: Human consumption dominates the market, buoyed by the demand for eco-friendly protein sources, increasing adoption of insect-based diets, and the nutritional superiority of insects in human nutrition.
Country Analysis: Thailand is slated to lead the market, supported by consumer acceptance, extensive insect farming infrastructure, widespread utilization of black soldier flies in animal feed applications, and growth in the livestock sector amidst rising feed costs.
Contact:
Meticulous Market Research Pvt Ltd
Office No-202, 203,204,205,206
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
Phone: +9102066394988
CIN- U93000PN2013PTC149455
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition. Through our mixed bag of research offerings - syndicated research, custom research, and analyst engagement - we enable smart decision making to enhance business performance for global organizations. Our focus is also on finding answers to the challenging questions that global business leaders face on a daily basis. Each year, we deliver more than 300 syndicate studies and 60+ consulting projects across eight industry verticals in 20+ geographic markets.
Catalysts for Growth:
The burgeoning Southeast Asia Edible Insects Market is fueled by various factors, including escalating greenhouse gas emissions from traditional livestock industries, burgeoning demand for insect protein in animal feed applications, and a burgeoning population coupled with increasing awareness regarding the benefits of alternative protein sources. Moreover, the rising popularity of insect-infused food products promises lucrative growth opportunities. However, challenges such as psychological barriers to insect consumption, the expanding vegan demographic, and potential allergy risks pose hurdles to market expansion.
Download Free Sample Report : https://www.meticulousresearch.com/download-sample-report/cp_id=5560
Market Landscape:
The Southeast Asia Edible Insects Market features a moderately competitive landscape, characterized by the presence of numerous global, regional, and local players. Key market participants include Ÿnsect (SAS), Protix B.V., InnovaFeed, EnviroFlight, LLC, Nutrition Technologies Group, Aspire Food Group, All Things Bugs LLC, Global Bugs Asia Co., Ltd, JR Unique Foods, Cricket Lab Limited, Enorm Biofactory A/S, SFly Comgraf SAS, and Protenga Pte. Ltd.
In-depth Market Analysis:
The report provides comprehensive insights into market dynamics, historical data, current estimations, and forecasts for 2030. Market segmentation encompasses product types, insect varieties, applications, end uses, and country-specific analyses, facilitating a thorough understanding of regional and industry-specific trends.
Request Sample Report : https://www.meticulousresearch.com/request-sample-report/cp_id=5560
Key Findings:
Product Segment: The whole insects segment is poised to dominate the market, driven by factors such as accessibility, limited processing infrastructure, increasing adoption of insect-based foods, and growing recognition as a sustainable protein source.
Insect Type: The black soldier fly (BSF) segment is projected to exhibit the highest CAGR, attributed to escalating demand from the animal feed sector, driven by soaring soy meal prices, expansion of the aquaculture industry, and heightened awareness of its high protein content.
Application: Food & beverages emerge as the largest segment, fueled by escalating demand for high-quality protein sources, environmental sustainability concerns, and the growing utilization of insect powder in food processing.
Quick Buy @ https://www.meticulousresearch.com/Checkout/13577294
End Use: Human consumption dominates the market, buoyed by the demand for eco-friendly protein sources, increasing adoption of insect-based diets, and the nutritional superiority of insects in human nutrition.
Country Analysis: Thailand is slated to lead the market, supported by consumer acceptance, extensive insect farming infrastructure, widespread utilization of black soldier flies in animal feed applications, and growth in the livestock sector amidst rising feed costs.
Contact:
Meticulous Market Research Pvt Ltd
Office No-202, 203,204,205,206
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
Phone: +9102066394988
CIN- U93000PN2013PTC149455
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition. Through our mixed bag of research offerings - syndicated research, custom research, and analyst engagement - we enable smart decision making to enhance business performance for global organizations. Our focus is also on finding answers to the challenging questions that global business leaders face on a daily basis. Each year, we deliver more than 300 syndicate studies and 60+ consulting projects across eight industry verticals in 20+ geographic markets.
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