Insects are a good source of proteins and fats. Edible insects are recently widely being exploited as food for humans and animals in many countries across the globe. Also, using insects for food and feed applications over conventional alternatives has significant ecological advantages.
Insects can be a good source of protein for animals as they are rich in protein and can also extract protein from waste material and facilitate significant reductions in the volume of waste. This has led to the idea of exploring insects as sustainable sources of protein. To exploit this opportunity, a large number of startups are investing in edible insects rearing and processing business and launching innovative products in the market. Rising investment, increased focus on getting regulatory approvals, expanding application for insect products, enhancing production, and achieving operating efficiency are some of the trends expected to drive the focus on innovation and product enhancement in this dynamic market.
Through our extensive research coverage, we at Meticulous Research® are uniquely positioned to guide companies operating in edible insects market in this innovation journey and help them design strategies for sustainable future business.
Growing greenhouse gas emissions from the livestock and poultry industries
High nutritional value of insects and rising demand for cricket-based food products
Environmental benefits of insects as a source of protein
Low risk of transmitting zoonotic diseases with the consumption of edible insects
Increasing concerns with greenhouse gas emissions from the livestock & poultry industries
Rising demand for insect protein in the animal feed industry
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The Edible Insects Market is expected to reach $9.6 billion by 2030, at a CAGR of 28.3% during the forecast period 2022–2030. In terms of volume, the edible insects market is expected to reach 3,139,035.10 tonnes by 2030, at a CAGR of 31.1% during the forecast ...
The Black Soldier Fly Market is expected to grow 30.5% CAGR from 2022 to reach $3.96 billion by 2033. In terms of volume, this market is expected to grow 36.9% CAGR from 2022 to reach 8,003.7 thousand tons by 2033. Rising global meat demand, growing aquaculture ...
The Mealworms Market is expected to reach $1.27 billion by 2030, at a CAGR of 25.8% during the forecast period 2022–2030. In terms of volume, the mealworms market is expected to grow at a CAGR of 28.6% from 2022–2030 to reach 367,491.7 tons by 2030. The growth ...
The Black Soldier Fly (BSF) Oil Market is expected to grow at a CAGR of 21.1% from 2022–2029 to reach $72 million by 2029. The growth of this market is driven by the increasing demand from the animal feed industry and the growing expansions in emerging & developed ...
The Insect Protein Market is expected to reach $9.46 billion by 2030, at a CAGR of 28.4% during the forecast period 2022–2030. In terms of volume, the Insect Protein Market is expected to reach 3,028,468.3 tonnes by 2030, at a CAGR of 31.5% during the forecast ...
The Crickets Market is expected to reach $3.5 billion by 2029, at a CAGR of 28.6% during the forecast period of 2022–2029. Some of the major factors driving the growth of this market are the growing emission of greenhouse gases from livestock and poultry, the ...
The Canada Black Soldier Fly Market is expected to grow at a CAGR of 18.2% from 2021 to 2028 to reach $18.4 million by 2028. Some of the major factors driving the growth of this market include the growing aquaculture industry, rising demand for alternative proteins ...
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