The edible insects market size was valued at USD 490.8 million in 2023, growing at a significant CAGR of 19.8% during the forecast period 2024-2030. The growth of the market is majorly driven by demand for quality and protein rich food.

Certain insect species are utilized as food or edible insects that are consumed by humans. It is believed that about 2 billion people consume insects every day. More than 2,000 bug species are thought to be edible worldwide, yet much fewer are being investigated for industrialized mass production and have been given regional approval for use as food. Though nutritional content varies by species and other factors like age and diet, many insects are quite healthy. Eaten whole or ground up for use in recipes and processed foods like pasta, burger patties, and snacks, insects have a vast range of flavors. Eating insects carries some hazards, similar to those of eating other meals, like the possibility of allergic responses. Countries are adopting insects as food as the business interest in them rises.

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The Edible Insects Market segmentation:
1) By Product Type: Whole Insect, Insect Powder, Insect Meal.
2) By Insect Type: Beetles, Caterpillars, Grasshoppers, Bees, Wasps, Ants, Scale Insects, True Bugs and others.
3) By Application: Human Consumption, Animal Feed and Cosmetics and Pharmaceutical.

Based on its Segmentations, and its many positive attributes, The suborder Caelifera includes a group of insects known as grasshoppers. They belong to one of the oldest groups of herbivorous insects that are still alive, probably dating back 250 million years to the early Triassic advertising as well as consumption.

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The prominent key players operating in the Edible Insects Market is Kreca Ento-Food Bv , A Proti-Farm Company, Thailand Unique, Entomo Farms, Haocheng Mealworm Inc., Global Bugs Asia Co. Ltd., AgriProtein Holdings Ltd, JIMINI`S , Entomo Ltd, Enorm ApS, Chapul Inc., Ynsect, Hargol Food Tech, Aspire Food Group, All Things Bugs, LLC

Scope of The Report:

·         The Edible Insects Market research report includes historical data, trending features, and market growth estimates for the future.

·         The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.

·         The market report helps to provide the best results for business enhancement and business growth.

·         The report gives a comprehensive overview of both primary and secondary data. 

·         The market key players covered here to help them strengthen their place in the market.

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