Edible Insects Market to exceed USD 710 Mn by 2024 | Ÿnsect : Micronutris : AgriProtein : Entomo Farms : Protifarm : Bugsolutely : EnviroFlight, LLC : Exo Protein : Chapul : Thirty Six Foods Nigeria Ltd : Gathr Foods
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.
Make an Inquiry before buying @ https://www.gminsights.com/inquiry-before-buying/501
Rise in consumption of insects has resulted in increase of sustainable food due to low environmental effect. Sustainable foods are safe and healthy, inexpensive, nutritious and easily available for consumption. Insects have great nutritional value which includes fatty acids, protein, dietary energy, vitamins, minerals and fibres. Intake of minerals increases resistance power of the body against diseases. Further, eatable insects are source of oils & fats rich in polyunsaturated fatty acids. As per reports of FAO (Food & Agricultural Organization) of United Nations (UN), insects emit low proportion of greenhouse gases and can be consumed as sustainable diet. All these aspects are predicted to drive the industry growth during forecast timeframe.
Bug consumption has led to rise in demand due to reasonable price of raw materials, transportation and deployment. Low raw material price can result in production increase and directly affect edible insect market price trend. Capital investment by firms to increase their product portfolio can drive the industry demand. Insects can be hazardous if not harvested properly. Limited guidelines and rules for edible insects rearing can hinder the industry expansion.
Beetle edible insects segment was evaluated at more than $9.1 million for 2015. Food items use mealworm powders and cricket powders which are protein rich. Further, mealworm and cricket bars are used as energy bars, snack bars and protein bars.
Grasshoppers are considered as natural food. These insects are predicted to record more than 42.6% of CAGR and can grow substantially. They are protein rich and can prove to be advantageous as compared to poultry or meat consumption.
Snacks led the application segment and were evaluated at more than $11.1 million for 2015. They are rich in zinc, protein, amino acid, vitamin, calcium and amino acid. This aspect may drive the edible insects market size.
Request for a sample of this research report - https://www.gminsights.com/request-sample/detail/501
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.
Insect based flour applications are predicted to witness CAGR of 42.3% and cross $166 million mark by end of forecast period. They are mainly used in production of muffins, biscuits, smoothies, breads, soups, cookies and desserts. Mealworm and cricket are utilized in powder form and found in flour items. Other key applications include roasted food, chocolates, insect protein shake, chips, pasta, roasted food and live feeder bug.
APAC was the biggest region which produced more than $10 million revenue for 2015. It was led by Thailand and China edible insects market. In Thailand, more than 201 insects are consumed while in China produces raw silk as sericulture is originated there. Both these countries sell both fresh and cooked eatable insects in local as well as wholesale markets.
Europe edible insects market share, dominated by France, UK and Holland is predicted to experience high rate of expansion during forecast timeframe. Most of the European Union nations consume or intake mealworms and crickets in their pet or regular diet.
Latin America, dominated by Brazil, is predicted to expand substantially in future. Brazil is predicted to register more than 42.4% of CAGR and surpass $55 million mark by end of forecast timeframe.
Key industry participants profiled in the report include Ÿnsect, Micronutris, AgriProtein, Entomo Farms, Protifarm, Bugsolutely, EnviroFlight, LLC, Exo Protein, Chapul, Thirty Six Foods Nigeria Ltd, Gathr Foods, Flukers Cricket Farm Inc, Insectescomestibles.fr (Entotech SAS), Crowbar Protein Company, Edible, Inc. A Daniel J. Edelman Company, Bugeater Foods, Crik Nutrition, NUTRIBUG LTD, Crickers, BenSBugS, ECOBARS Pty Ltd, Thailand Unique, Green Kow, LaViewEye, Insectitos, HaoCheng Mealworms, Inc., 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:
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
Explore Our Blog @ http://algosonline.com/news
Connect with us: Facebook | Google+ | LinkedIn | Twitter
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Edible Insects Market to exceed USD 710 Mn by 2024 | Ÿnsect : Micronutris : AgriProtein : Entomo Farms : Protifarm : Bugsolutely : EnviroFlight, LLC : Exo Protein : Chapul : Thirty Six Foods Nigeria Ltd : Gathr Foods here
News-ID: 1586712 • Views: 562
More Releases from Global Market Insights, Inc.
Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing
More Releases for Insect
Global Insect Killer Market Research Report
Global Insect Killer Market advertise report contains profundity Value chain examination, that gives a thorough perspective of the Global Insect Killer Market showcase. The Porter's five powers display for the Insect Killer showcase has moreover been encased to help see the challenge scene of the market. The examination includes advertise investigation, whereby application portions are benchmarked upheld their market measure, rate of development, and patterns. Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=6395 Table
Insect Repellent Market Global Industry Outlook 2023
According to a new market report published by Transparency Market Research “Insect Repellent Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023,” in terms of revenue, Europe insect repellent market was valued at US$1.40 bn in 2014, and is expected to reach US$1.82 bn by 2023, increasing at a CAGR of 3.0% from 2015 to 2023. Read Report Overview @ https://www.transparencymarketresearch.com/europe-insect-repellent-market.html The insect repellant market in Europe is
Global Insect Repellent Market Forecast 2018-2023
An insect repellent is a substance applied to skin, clothing, or other surfaces which discourages insects (and arthropods in general) from landing or climbing on that surface. Insect repellents help prevent and control the outbreak of insect-borne (and other arthropod-bourne) diseases such as malaria, Lyme disease, dengue fever, bubonic plague, and West Nile fever. Pest animals commonly serving as vectors for disease include insects such as flea, fly, and mosquito;
ReportsWorldwide has announced the addition of a new report title Insect Pheromones to its growing collection of premium market research reports. The significant increase in world population demands more food production and, consequently, key inputs such as fertilisers and pesticides, particularly in developing countries. Environmentally-sustainable technologies for pest management means greater semiochemical use, which currently shows a compound annual growth rate higher than 15%. This report cogently explains how increased semiochemical
United States Insect Repellent Market Report 2017
Report Hive Market Research Released a New Research Report of 166 pages on Title "United States Insect Repellent Market Report 2017" with detailed Analysis, Forecast and Strategies. The global Insect Repellent market is valued at 5069.64 million USD in 2016 and is expected to reach 7212.28 million USD by the end of 2022, growing at a CAGR of 6.05% between 2016 and 2022. United States plays an important role in global
Insect Repellent Market 2017 By Product Type: Body Worn Insect Repellent, Non Bo …
Albany, New York, June 16, 2017 : The rise in the number of insect-borne diseases is driving the growth of the insect repellent market in Europe. In order to protect themselves from diseases caused by mosquitoes or ticks, consumers prefer different insect repellent products such as apparels, oils and creams, and stickers and patches among others. According to the European Centre for Disease Prevention and Control, the changing climatic conditions