Global Edible Insects Market Analysis & Outlook 2017-2023
Growing demand for nutritional products is supporting the growth of edible insects market at a global stage. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on ‘Global Edible Insects Market Research Report- Forecast to 2023’ that the market will demonstrate an exceptional CAGR during the forecast period.
Growing consumer interest towards edible insects in the food and feed industry is increasing owing to the presence of amino acids and essential minerals, which has several health benefits associated with the consumption. Edible insects are rich source of protein, fibre, energy, minerals, vitamins, and fatty acids, which has shown a boundless inclination towards the edible insect products. Moreover, increased preference for natural ingredients in food & beverage products has surged the demand for edible insects in the global market.
Jan 2018 EU standardizes edible insect rules. European Food Safety Authority (EFSA) will approve applications for edible bugs that will then be legal to serve to Europeans throughout the EU.
Nov 2017 Coop Switzerland has followed up the launch of burgers and meatballs developed from insects with ‘Insect Bars’, a range of energy bars made from dried crickets, along with dates, apples, sultanas and cranberries.
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Some of the key players profiled in the global edible insects market: Nordic Insect Economy Ltd. (Finland), Thailand Unique (Thiland), Haocheng Mealworms Inc. (China), Chapul Inc. (U.S.), Nutribug Ltd. (U.K), Bugsolutely Ltd. (Thiland), Eap Group, Sarl (France)
The global Edible Insects Market has been divided into type, application, and region.
Based on Type: Caterpillars, Bees, Ants, Beetles, Grasshoppers, Crickets, Mealworm, and others
Based on Application: Food & Beverages, Bakery, Snacks, Feed, and others
Based on Region: North America, Europe, Asia Pacific, and ROW.
Browse the market data and information spread across 115 pages with 47 data tables and 12 figures of the report “Edible Insects Market Research Report- Forecast till 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/edible-insects-market-4902
The global Edible Insects market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Asia Pacific is dominating the edible insects market followed by rest of the world. Thailand is a leading consumer of edible insects owing to increasing awareness about the benefits of consuming edible insect products. Also, mounting awareness towards insect farming is the key driving factor in this region.