
Report ID: SQMIG30H2079
SkyQuest Technology's Mealworms market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Mealworms Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Global Mealworms Market size was valued at USD 170 million in 2023 and is poised to grow from USD 210 million in 2024 to USD 1340 million by 2032, growing at a CAGR of 25.8% during the forecast period (2025-2032).
As the COVID-19 pandemic spread to more than 215 countries, it became a global public health emergency. To combat the spread of this disease, many countries declared emergencies and announced complete nationwide, statewide, or citywide lockdowns, halting all travel, transportation, manufacturing, educational institutions, and non-essential trade. These restrictions had a significant impact on many industries, reducing global manufacturing and distribution. The COVID-19 pandemic had a significant impact on the food industry, affecting meat producers worldwide. Several challenges faced the meat products sector, including the risk of continuing production, distribution, and transportation; a lack of workforce; supply chain disruptions; and delays in development activities. These factors influenced the meat products industry, increasing demand for alternative proteins such as insect protein products (mealworm proteins). The rising greenhouse gas emissions from the livestock and poultry industries, the high nutritional value of mealworms, the environmental advantages of eating edible mealworms, and the lower risk of zoonotic diseases with insect consumption compared to the consumption of animal-derived products are some of the factors driving the growth of this market. However, the possibility of adverse reactions brought on by eating mealworms is anticipated to significantly slow the growth of this industry.
US Mealworms Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30H2079
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