Market Research Future (Food and Beverages) Edible Insects Market Research Report- Forecast | Page 4

Edible Insects Market Research Report- Forecast till 2023
3 Sample Pages
Segments:
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. Among all, beetles hold the major market share
followed by crickets. Edible beetles are rich source of protein and serves as a better alternative for chicken and beef.
Also, extensive use of edible cricket and mealworm in preparation of snack bar, protein bar and energy bar is driving
the growth of the edible insects in this segment.
On the basis of the application, the edible insects market is segmented into food & beverages, bakery products,
savory snacks, animal feed, and others. Increasing use of edible insects in the savory snacks is dominating this
segment owing to presence of high protein, vitamin, potassium, zinc, calcium, and amino acid content. Furthermore,
rising demand for convenience food and savory snacks is adding fuel to the growth of the global edible insects
market over the review period.
On the basis of 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.
Key Findings:
Crickets and mealworms are widely used edible insects in human food & pet food, this has a huge opportunity
in the global food and feed market
Increasing bug farming has headed in employment in the rural and urban areas owing to growth in the income
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