South Korea Edible Insects Market to 2032
Overview
The South Korea Edible Insects Market is expected to reach a 204.34 USD Million by 2032 and is projected to grow at a CAGR of 36.65% from 2025 to 2032.
Revenue, 2024 (USD Million)
34.81
Forecast, 2032 (USD Million)
204.34
CAGR, 2024 - 2032
36.65%
Report Coverage
South Korea
South Korea Edible Insects Market 2018-2032 USD Million
South Korea Edible Insects Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 34.81 USD Million
- Projected Market Size (2032): 204.34 USD Million
- CAGR (2025-2032): 36.65%
Key Findings of South Korea Edible Insects Market
- The South Korea Edible Insects Market was valued at 34.81 USD Million in 2024.
- The South Korea Edible Insects Market is likely to grow at a CAGR of 36.65% 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 48.48 USD Million
- The fastest growing segment Crickets in Insect Segment grew Fastest with a CAGR of 38.33% during the forecast period from 2024 to 2032.
South Korea Edible Insects Market Scope
South Korea Edible Insects Market Segmentation & Scope
Distribution Channel
- Indirect
- Direct
Application
- Others
- Cosmetics
- Pharmaceuticals
- Insect Oil
- Animal Nutrition
- 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
South Korea Edible Insects Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 34.81 USD Million |
| Market Value in 2032 | 204.34 USD Million |
| CAGR (2025-2032) | 36.65% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,Application,Insect Category,Insect |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 34.81 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 34.81 USD Million in 2024.
Segments and Scope
-
South Korea Edible Insects Market to 2032, By Distribution Channel
- Direct is the largest segment in South Korea Edible Insects Market to 2032 with a revenue of 26.14 USD Million in the year 2024.
- Direct is the Fastest growing segment in South Korea Edible Insects Market to 2032 with a Growth rate of 36.92 % in forecast period 2025-2032.
-
South Korea Edible Insects Market to 2032, By Application
- Human Consumption Products is the largest segment in South Korea Edible Insects Market to 2032 with a revenue of 48.48 USD Million in the year 2024.
- Human Consumption Products is the Fastest growing segment in South Korea Edible Insects Market to 2032 with a Growth rate of 37.28 % in forecast period 2025-2032.
-
South Korea Edible Insects Market to 2032, By Insect Category
- Regular Insects is the largest segment in South Korea Edible Insects Market to 2032 with a revenue of 23.58 USD Million in the year 2024.
- Regular Insects is the Fastest growing segment in South Korea Edible Insects Market to 2032 with a Growth rate of 37.30 % in forecast period 2025-2032.
-
South Korea Edible Insects Market to 2032, By Insect
- Crickets is the largest segment in South Korea Edible Insects Market to 2032 with a revenue of 16.15 USD Million in the year 2024.
- Crickets is the Fastest growing segment in South Korea Edible Insects Market to 2032 with a Growth rate of 38.33 % in forecast period 2025-2032.
South Korea Edible Insects Market Company Share Analysis
| Company Name |
|
||
| Enviroflight | |||
| Ynsect NL Nutrition & Health B.V. | |||
| Aspire Food Group | |||
| Beta Hatch | |||
| Insectéo | |||
South Korea Edible Insects Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Edible Insects Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Edible Insects Market is segmented based on Segmentation Distribution Channel,Application,Insect Category,Insect.
South Korea Edible Insects Market was valued at USD 34.81(Revenue in USD Million) in 2021.
South Korea Edible Insects Market is projected to grow at a CAGR of 36.65% during the forecast period of 2024 to 2032.
The Human Consumption Products segment is expected to dominate the South Korea Edible Insects Market, holding a largest market share of 48.48 USD Million in 2024
South Korea Edible Insects Market Scope
South Korea Edible Insects Market Segmentation & Scope
Distribution Channel
- Indirect
- Direct
Application
- Others
- Cosmetics
- Pharmaceuticals
- Insect Oil
- Animal Nutrition
- 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
Frequently Asked Questions
The South Korea Edible Insects Market is segmented based on Segmentation Distribution Channel,Application,Insect Category,Insect.
South Korea Edible Insects Market was valued at USD 34.81(Revenue in USD Million) in 2021.
South Korea Edible Insects Market is projected to grow at a CAGR of 36.65% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Edible Insects Market for final year is USD 204.34 (USD Million).
South Korea Edible Insects Market Company Profiling
Frequently Asked Questions
The South Korea Edible Insects Market is segmented based on Segmentation Distribution Channel,Application,Insect Category,Insect.
South Korea Edible Insects Market was valued at USD 34.81(Revenue in USD Million) in 2021.
South Korea Edible Insects Market is projected to grow at a CAGR of 36.65% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Edible Insects Market for final year is USD 204.34 (USD Million).
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