Edible insects such as caterpillars, bees, ants and wasps, beetles, scale insects, grasshoppers, crickets, locusts, and mealworm are fit for human consumption and do not produce any toxic effect. Additionally, edible insects are considered as a rich source of protein, vitamins, and amino acids, which has a wide range of application in the food & beverage and animal feed industry. Also, they do not produce toxic gases such as ammonia, which is harmful to the environment.
Global Key Players and Competition Analysis
Some of the key players profiled in the global edible insects market: Nordic Insect Economy Ltd. (Finland), Thailand Unique (Thailand), Haocheng Mealworms Inc. (China), Chapul Inc. (U.S.), Nutribug Ltd. (U.K), Bugsolutely Ltd. (Thiland), Eap Group, Sarl (France)
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Segmentation Analysis
Edible insects are segmented on the basis of type, which includes caterpillars, bees, ants and wasps, beetles, scale insects, grasshoppers, crickets and locusts, mealworm, and others. On the basis of the application, the edible insects market is segmented into food & beverages, bakery products, savory snacks, animal feed, and others. Based on the distribution channel, the market is segmented into the store-based and non-store-based distribution channel. However, the store-based distribution channel is dominating the market based on the one-stop shopping experience.
Regional Analysis
The global Edible Insects market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific is dominating the Edible Insects Market followed by rest of the world. Thailand is the leading consumer of edible insects owing to the increasing awareness about the benefits of consuming edible insect products.
Market Scope
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, fiber, energy, minerals, vitamins, and fatty acids, which has shown a boundless inclination towards the edible insect products.
Browse the market data and information spread across 110 pages with 25 data tables and 15 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
Industry News
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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