Global Edible Insects Market Growth Edible Insects Market Growth
Global Edible Insects Market Growth -
Trends and Forecast 2017-2025
Edible Insects Market: Introduction
Edible insects are those insects that are taken into account for the purpose of animal as
well as human feed. The demand for edible insects are increasing as they are rich in
Calcium, Phosphorous, Protein, Magnesium, Iron and Zinc, which makes them ideal to be
used in manufacturing nutritive food items.
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Market Dynamics:
The Global Edible Insects Market is anticipated to grow significantly over the forecast
period, owing to increase in population especially in developing countries, which has
generated the demand for affordable protein-rich food. According to the United Nations
Department of Economic and Social Affairs, the world population is expected to reach 8.5
billion by 2030. High cost of animal and plant based protein is aiding the growth of global
edible insects market, as they are cost effective.
Furthermore, less complexity associated in the manufacturing of food products made up
of edible insects protein, coupled with increased governmental support to edible insect-
based food production are escalating the growth of edible insects market. According to
Food and Agriculture Organization of the United Nations, insects are capable of
converting food at a faster rate, for instance, crickets require four times less feed than
sheep and six times less feed than cattle for the production of similar amount of protein.
However, lack of awareness towards the benefits of consumption of edible insects,
allergies among some individuals and psychological barriers related to insect
consumption can hinder the growth of the global edible insects market.
By Insects Type:
Beetles are anticipated to be the most widely used edible insects over the forecast period,
owing to the availability of a number of beetle species such as ground beetles, Rove