Edible Insects Market Driven by Increasing Demand for Food Products with High Protein

Global Edible Insects Market: Overview

Edible insects have gone through a huge transition from being famine food to a food included in the daily diet. At present, insects are not just consumed during scarcity of conventional food products but are also part of the food culture of many countries. Edible insects are not only used as human food but also as animal feed due to the presence of amino acids and essential minerals in them.

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Edible insects such as ants, wasps, bees, flies, scale insects, termites, cockroaches, crickets, beetles, and grasshoppers are rich sources of nutrition for poultry. By type, the global edible insects market is segmented into beetles, termites, caterpillar, locusts, grasshoppers, mealworm, and others. Based on application the market is classified into animal feed (aquaculture and poultry), human food, and others.

The research report provides an in-depth analysis of the growth trajectory of the global edible insects market and the opportunities that are likely to benefit the vendors of edible insects in future. It evaluates the key segments and highlights their share in the global edible insects market. The report further delves into the competitive landscape of the market and provides information about the degree of barriers to entry and exit in the market by utilizing the Porter’s five forces analysis. The study also presents projections on the volume and revenue growth of the global edible insects market. The dynamics that are likely to restrain or drive the growth of the market are also mentioned in the report.

Global Edible Insects Market: Trends and Opportunities

The growth of the global edible insects market can be attributed to the increasing demand for food products with high protein value among middle class consumers and the rising population across the world. Feed and food insecurity and the high cost of animal protein are factors that have lifted the consumption of edible insects as feed and food. Entomophagy or consumption of insects is considered to have a positive impact on the livelihood and health of consumers.

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