Thursday 24 August 2023

 Edible Insects Market Forecast 2024 to 2032

Edible insects refer to various species of insects that are consumed by humans as a source of food and nutrition. Insects such as crickets, mealworms, and grasshoppers are rich in protein, healthy fats, vitamins, and minerals. They have been consumed in different cultures for centuries and are gaining attention as a sustainable and environmentally friendly protein source due to their low greenhouse gas emissions and minimal resource requirements.

Edible Insects Market was valued at USD 518 Million in 2022 and is expected to register a CAGR of 13.79% by 2032.

Key factors in the edible insects market include the increasing awareness of sustainable and alternative protein sources, the need for addressing global food security challenges, and the potential of insects to provide a nutrient-rich and environmentally friendly food option. Growing consumer acceptance of edible insects as a viable protein source, the rise of innovative insect-based food products, and the influence of cultural practices that incorporate insects into diets contribute to the market's growth.

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