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Edible Insects Market - Global Market Share, Trends, Analysis , Forecast 2016 – 2024

  • Date Submitted: 05/26/2016 10:14 PM
  • Flesch-Kincaid Score: 29.9 
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Insect are often considered as pest for animals and crops. However they are fundamental part of nature and are a source of food
at low cost. Insects are not merely famine food eaten at times of scarcity or situation when harvesting of conventional food
becomes difficult. Edible insect as food and feed has emerged as agile issue due to rising cost of animal protein, food and feed
insecurity, growing population and rising demand for protein among the middle class. The consumption of insects or
entomophagy contributes to positive health and livelihood.
The edible insect market can be segmented by type as- Mealworm, Grasshoppers, Locusts, Caterpillar, Termites, Beetles and
Others. Moreover it can also be segmented by application type such as- Human food, Animal feed (Poultry and Aquaculture) and
Others. Geographically the market can be segmented as- North America, APAC, Europe and Rest of the World (RoW) regions.
Palatability of insect and presence of edible insects in local food culture are the driving forces which are shaping the global
edible insects market. Moreover insects are rich source of protein and are low cost substitute for animal proteins. Lack of legal
framework governing the insect consumption and deficit of networking and distribution channel among producers are the
restraining factors hindering the growth of edible insects market. Moreover consumer...

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