AgriProtein, Entomo Farms Profiled in Edible Insects Market 2018-2024 | Prominent Players- Ÿnsect, Micronutris, EnviroFlight, LLC, Exo Protein, Protifarm, Bugsolutely, Chapul, Flukers Cricket Farm Inc, Thirty Six Foods Nigeria Ltd, Gathr Foods, Bugeater

Edible Insects Market size was more than $33 million for 2015 and predicted to register greater than 40% CAGR by 2023. Change in focus towards accepting insect consumption for human beings and animals are predicted to drive the industry growth. Rise in consumption of insects due to increasing health issues and avoiding unhealthy diet can favour product demand. It is predicted that one hectare land produces approximately about 150 tons of bug protein every year. Eatable insect production can rise in future, especially in nations like Brazil, U.S., China and UK. Health awareness among the consumers and growing use of insects in food sector has resulted in edible insect industry expansion.

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Company Profiles
1. Ÿnsect
2. Micronutris
3. AgriProtein
4. Entomo Farms
5. Protifarm
6. Bugsolutely
7. EnviroFlight, LLC
8. Exo Protein
9. Chapul
10. Thirty Six Foods Nigeria Ltd
11. Gathr Foods
12. Flukers Cricket Farm Inc
13. Insectescomestibles.fr (Entotech SAS)
14. Crowbar Protein Company
15. Edible, Inc. A Daniel J. Edelman Company
16. Bugeater Foods
17. Crik Nutrition
18. NUTRIBUG LTD
19. Crickers
20. BenSBugS
21. ECOBARS Pty Ltd
22. Thailand Unique
23. Green Kow
24. LaViewEye
25. Insectitos
26. HaoCheng Mealworms, Inc.
27. Kreca

Browse key industry insights spread across 210 pages with 151 market data tables and 36 figures & charts from the report, “Edible Insects Market Size By Product (Beetles, Caterpillars, Grasshoppers, Bees, Wasps, Ants, Scale Insects & True Bugs), By Application (Flour, Protein Bars, Snacks), Industry Analysis Report, Regional Outlook (U.S., Belgium, Netherlands, UK, France, China, Thailand, Vietnam, Brazil, Mexico), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents: @ https://www.gminsights.com/industry-analysis/edible-insects-market

Cricket based protein items are consumed as healthy snacks as they minimize proportion of carbohydrates and saturated fats in human body. Insect protein bars segment is predicted to record more than 42.2% of CAGR by end of 2023. They mainly contain mealworm, grasshopper and cricket and promoted as energy bars.

Bees, wasps & ants based edible insects market size may witness a significant growth of over 43.5%. Consumer awareness regarding health benefits and rising application in food industry has led to increase in product demand. Adult bees are often roasted and grounded into a nutritious flour. In China, ground bees are used for medicinal purpose mainly to cure sore throat.

North America led by the U.S. edible insects market size may exceed USD 80 million by the end of foreseeable timeframe. FDA has also confirmed that consumption of crickets and mealworms is safe and act as natural protein source to consumers. Increasing product demand in various dietary supplements farming applications have fostered market growth.

Rise in automation techniques used for harvesting, rearing and processing will bolster product demand. Out of 2,000 species globally, 90 are used as food supplements in the U.S. and are accepted as natural food product.
Scale insects & true bugs based edible insects market demand will witness a steady gain at over 43.5% by the end of projected timespan.

Marchalina hellenica, scale bug is mainly introduced in Turkey and Greece to increase honey production and hence will increase the food source demand congruently. Carmine, a red dye produced by scale insect is used to color foods, textiles and pharmaceuticals, thus promoting industry demand.

Edible insects market size from flour applications is likely to surpass USD 230 million by 2024. The products are rich in omega 3 fats, iron and high protein and cricket flour is chiefly used due to its gluten-free characteristics, thus driving market demand.

EnviroFlight, AgriProtein and Haocheng mealworm are key operators in edible insects market. Strong R&D spending by manufacturers in order to fulfill with various environmental guidelines may advance product portfolio thereby stimulating industry growth.

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