Edible Insects Market: Trends, Challenges, and Opportunities for Growth by 2027
The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global edible insect market share.
PORTLAND, OR, US, April 3, 2023 /EINPresswire.com/ -- Edible Insects are the insect species used as a food source either whole or as an ingredient in processed food. The practice of eating insects is known as entomophagy, which has been practiced from earlier times by numerous ethnic groups. Insects are invertebrates belonging to phylum Arthropoda. They are one of the most diverse groups of animals on earth and numerous species are present in various parts of the world. According to FAO, more than 1,900 species have been recognized as edible species consumed by at least 2 billion people in the form of a traditional diet.
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Insects are considered as a highly nutritious food source for the fulfillment of protein, fat, vitamins, fiber, and mineral content. Entomophagy is practiced in various parts of the world and is highly based on cultural and regional practices. Insects are highly consumed in countries such as Thailand, Ghana, Mexico, China, Brazil, Australia, Japan, and the Netherland, whereas it is considered taboo in some of the western countries.
Key Players Are:
Thailand Unique, Aspire Food Group USA Inc, Proti-farm NV, Six Foods LLC, Ynsect, All Things Bugs LLC, Bitty Foods LLC, CRIK Nutrition, Bugsolutely, Entomo Farms, Exo Protein, Gather Foods, Crowbar Protein, Cricket Flour, Crickers, Haocheng Mealworm Inc., AgriProtein, Deli Bugs Ltd., Hargol Food Tech, Tiny Farms, Beta Hatch Inc., Entocube, Nordic Insect Economy Ltd., EntoTech, Chapul LLC, Edible Inc., Nutribug Ltd., Bens Bugs, Ecobars Pty Ltd., Flucker’s Cricket Farm Inc.
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Edible insects have provided human food security from earlier times and excellent alternative of fulfilling nutritional requirements preventing malnutrition in various countries. The first publication on edible insects as an alternative to global food shortage issues was given by Meyer Rochow in 1975 since then various developments have occurred in the edible insect market.
Reason to Buy:
✅ Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Edible Insects Market.
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✅ The key findings and recommendations highlight crucial progressive industry trends in the Edible Insects Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
✅ Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
✅ Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
✅ Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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Insect food has high nutritional value due to the presence of a high amount of protein utilized for preventing malnutrition and shortage of food for the ever-growing population. Various species of insects contain a high amount of dietary fiber, high energy value, unsaturated fats, amino acids, vitamin B12, riboflavin, vitamin A, and minerals. They are extensively used for processed food formulations, supplementary diets, therapeutic food, pharmaceuticals, pet food, and animal feed. Edible insects are either consumed raw or in the form of flour, powder, and roasted product.
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