Philippines Edible Insects Market to 2032
Overview
The Philippines Edible Insects Market is expected to reach a 61.66 USD Million by 2032 and is projected to grow at a CAGR of 35.89% from 2025 to 2032.
Revenue, 2024 (USD Million)
10.84
Forecast, 2032 (USD Million)
61.66
CAGR, 2024 - 2032
35.89%
Report Coverage
Philippines
Philippines Edible Insects Market 2018-2032 USD Million
Philippines Edible Insects Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 10.84 USD Million
- Projected Market Size (2032): 61.66 USD Million
- CAGR (2025-2032): 35.89%
Key Findings of Philippines Edible Insects Market
- The Philippines Edible Insects Market was valued at 10.84 USD Million in 2024.
- The Philippines Edible Insects Market is likely to grow at a CAGR of 35.89% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Human Consumption Products in Application Segment accounted for the largest share of the market with a revenue of 15.30 USD Million
- The fastest growing segment Crickets in Insect Segment grew Fastest with a CAGR of 37.52% during the forecast period from 2024 to 2032.
Philippines Edible Insects Market Scope
Philippines Edible Insects Market Segmentation & Scope
Application
- Others
- Cosmetics
- Pharmaceuticals
- Animal Nutrition
- Insect Oil
- Personal Care
- Human Consumption Products
Insect Category
- Premium Diet Fed Insects
- Regular Insects
Insect
- Others
- Buffalo's
- Ants
- Silkworms
- Black Soldier Flies
- Cicadas
- Grasshoppers
- Mealworms
- Crickets
Distribution Channel
- Indirect
- Direct
Philippines Edible Insects Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 10.84 USD Million |
| Market Value in 2032 | 61.66 USD Million |
| CAGR (2025-2032) | 35.89% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Insect Category,Insect,Distribution Channel |
Regional Insights:
-
Leading Market (2024-2032): Philippines, leading in terms of revenue 10.84 USD Million in 2024
- Key Country: Philippines, leading in terms of revenue with value of 10.84 USD Million in 2024.
Segments and Scope
-
Philippines Edible Insects Market to 2032, By Application
- Human Consumption Products is the largest segment in Philippines Edible Insects Market to 2032 with a revenue of 15.30 USD Million in the year 2024.
- Human Consumption Products is the Fastest growing segment in Philippines Edible Insects Market to 2032 with a Growth rate of 36.51 % in forecast period 2025-2032.
-
Philippines Edible Insects Market to 2032, By Insect Category
- Regular Insects is the largest segment in Philippines Edible Insects Market to 2032 with a revenue of 7.45 USD Million in the year 2024.
- Regular Insects is the Fastest growing segment in Philippines Edible Insects Market to 2032 with a Growth rate of 36.53 % in forecast period 2025-2032.
-
Philippines Edible Insects Market to 2032, By Insect
- Crickets is the largest segment in Philippines Edible Insects Market to 2032 with a revenue of 5.20 USD Million in the year 2024.
- Crickets is the Fastest growing segment in Philippines Edible Insects Market to 2032 with a Growth rate of 37.52 % in forecast period 2025-2032.
-
Philippines Edible Insects Market to 2032, By Distribution Channel
- Direct is the largest segment in Philippines Edible Insects Market to 2032 with a revenue of 8.22 USD Million in the year 2024.
- Direct is the Fastest growing segment in Philippines Edible Insects Market to 2032 with a Growth rate of 36.16 % in forecast period 2025-2032.
Philippines Edible Insects Market Company Share Analysis
| Company Name |
|
||
| Enviroflight | |||
| Ynsect NL Nutrition & Health B.V. | |||
| Aspire Food Group | |||
| Beta Hatch | |||
| Insectéo | |||
Philippines Edible Insects Market Geographical Sales Distribution, 2018-2032 USD Million
Philippines Edible Insects Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Philippines Edible Insects Market is segmented based on Segmentation Application,Insect Category,Insect,Distribution Channel.
Philippines Edible Insects Market was valued at USD 10.84(Revenue in USD Million) in 2021.
Philippines Edible Insects Market is projected to grow at a CAGR of 35.89% during the forecast period of 2024 to 2032.
The Human Consumption Products segment is expected to dominate the Philippines Edible Insects Market, holding a largest market share of 15.30 USD Million in 2024
Philippines Edible Insects Market Scope
Philippines Edible Insects Market Segmentation & Scope
Application
- Others
- Cosmetics
- Pharmaceuticals
- Animal Nutrition
- Insect Oil
- Personal Care
- Human Consumption Products
Insect Category
- Premium Diet Fed Insects
- Regular Insects
Insect
- Others
- Buffalo's
- Ants
- Silkworms
- Black Soldier Flies
- Cicadas
- Grasshoppers
- Mealworms
- Crickets
Distribution Channel
- Indirect
- Direct
Frequently Asked Questions
The Philippines Edible Insects Market is segmented based on Segmentation Application,Insect Category,Insect,Distribution Channel.
Philippines Edible Insects Market was valued at USD 10.84(Revenue in USD Million) in 2021.
Philippines Edible Insects Market is projected to grow at a CAGR of 35.89% during the forecast period of 2024 to 2032.
The estimated market value of the Philippines Edible Insects Market for final year is USD 61.66 (USD Million).
Philippines Edible Insects Market Company Profiling
Frequently Asked Questions
The Philippines Edible Insects Market is segmented based on Segmentation Application,Insect Category,Insect,Distribution Channel.
Philippines Edible Insects Market was valued at USD 10.84(Revenue in USD Million) in 2021.
Philippines Edible Insects Market is projected to grow at a CAGR of 35.89% during the forecast period of 2024 to 2032.
The estimated market value of the Philippines Edible Insects Market for final year is USD 61.66 (USD Million).
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