Edible Insects Industry - Regional Synopsis
By Region
Geographically, the edible insects market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. North America industry is estimated to dominate majority revenue share by 2037, impelled by increased awareness amongst the population and increasing prices of commercial and residential spaces.
In the European region, the demand for edible insects is substantially high on account of minimal risk of disease transfer as matched to animals and the existence of micronutrients and nutrients such as fatty acids, zinc, selenium, phosphorus, manganese, magnesium, iron, and copper.
The Asia Pacific is expected to be the largest region accounting for maximum edible species of insects, with a growing population and rising food demand, the reliance on edible insects is also increasing. Geographical regions play an important role in the availability of insects and some countries in the Asia-Pacific region are dominated by the particular type of edible insects. In countries such as Thailand and China, edible insects are likely to be sold as a whole to be consumed by people. Also, they are part of street food in these countries. Insect trading is flourishing in cities such as Bangkok and Kinshasa, and there is a higher demand from metropolitan consumers.
