Press release
Global Edible Insects Market Size By Key Information on HaoCheng Mealworms, Agriprotein Technologies, Kreca, Chapul LLC, Six foods, Insectitos and Nutribug Ltd
Market Study Report recently introduced new title on “2018-2024 Global Edible Insects Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2024.
Edible Insects Market may surpass USD 710 million by 2024; according to a new research report.
Edible insects from bars application may surpass USD 150 million by the end of predictable timeframe. Grasshopper and crickets are used as snack bars owing to its rich protein and amino acid content. Increasing consumption of bars by sports person and athletes owing to gluten free content will drive the market demand.
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Scope of Report
The Edible Insects Market Report gives a clear picture of the current situation of the market which covers global industry analysis, size, share, growth, trends, key statistics and forecast Till 2024. The report on global Edible Insects Market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research.
Increasing consumption of bugs in both human and animal diet may witness significant growth in global edible insects Market. Growing consciousness related to various health concerns and change in consumption pattern for protein rich diets may drive the Market. Edible insects are source of fat which plays a vital role in plant ecosystem and also mitigates cardiovascular disease risks, thus driving industry growth.
Skilled labors and knowledge pertaining to breeding of insects may enhance the production cost, thus impacting edible insects market price trend. The products should be cultivated properly to achieve better results and health benefits. Regulatory authorities such as FDA has confirmed edible bugs consumption as harmless and act as accepted protein source for both human and animals. Out of 2,000 species which are cultivated 90 are added in food supplements in the U.S. and are accepted as sustainable food source.
Grasshoppers, locusts & crickets based edible insects Market may witness significant growth and may surpass USD 150 million by 2024. Grasshoppers are rich in vitamin & protein, which are consumed as snacks products and used as alternate protein source in poultry, resulting into increased product demand. Cricket powder are utilized in farming techniques as they are cost efficient, requires low maintenance and are hazard free, thus stimulating industry growth.
Beetles based edible insects market demand may surpass USD 190 million by 2024. Beetle larvae aids in cleaning up dead plant matter and plays a vital role in biodegradation process. Substitution of traditional source of protein from beef and chicken may fuel the market demand over the foreseeable period.
Top Manufacturers in global market are given bellow: HaoCheng Mealworms, Agriprotein Technologies, Kreca, Chapul LLC, Six foods, Insectitos and Nutribug Ltd
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The above information is provided on a regional and country basis for the following: U.S., Belgium, Netherlands, UK, France, China, Thailand, Vietnam, Brazil, Mexico
Data Tables
TABLE 1 Edible insects industry 360 degree synopsis, 2018 - 2024
TABLE 2 Global edible insects market, 2013 - 2017, (USD Million)
TABLE 3 Global edible insects market, 2018 - 2024, (USD Million)
TABLE 4 Global edible insects revenue, by region, 2013 - 2017, (USD Million)
TABLE 5 Global edible insects revenue, by region, 2018 - 2024, (USD Million)
TABLE 6 Global edible insects revenue, by product, 2013 - 2016, (USD Million)
TABLE 7 Global edible insects revenue, by product, 2018 - 2024, (USD Million)
TABLE 8 Global edible insects revenue, by application, 2013 - 2017, (USD Million)
TABLE 9 Global edible insects revenue, by application, 2018 - 2024, (USD Million)
TABLE 10 Edible insects distribution trends
TABLE 11 Vendor matrix
TABLE 12 Company innovation overview
TABLE 13 Maximum permissible limits of insect contamination in food products
TABLE 14 Industry impact forces
TABLE 15 Average protein content comparison among insects, proteins, fish and mammals
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