Bug consumption has led to rise in demand due to reasonable price of raw materials, transportation and deployment. Low raw material price can result in production increase and directly affect edible insect market price trend.

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Fuel Cell Market size worth $25.5bn by 2024
Edible Insects Market – Global Industry Analysis Report, Share, Size, Growth,
Price Trends and Forecast, 2016 – 2023: Fractovia.org

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 Edible Insects Market size was more than $33 million for 2015 and predicted to register
greater than 40% CAGR by 2023. Change in focus towards accepting insect consumption
for human beings and animals are predicted to drive the industry growth. Rise in
consumption of insects due to increasing health issues and avoiding unhealthy diet can
favour product demand.
 It is predicted that one hectare land produces approximately about 150 tons of bug
protein every year. Eatable insect production can rise in future, especially in nations like
Brazil, U.S., China and UK. Health awareness among the consumers and growing use of
insects in food sector has resulted in edible insect industry expansion.
 Rise in consumption of insects has resulted in increase of sustainable food due to low
environmental effect. Sustainable foods are safe and healthy, inexpensive, nutritious and
easily available for consumption. Insects have great nutritional value which includes fatty
acids, protein, dietary energy, vitamins, minerals and fibres.
Key Insights of Edible Insects Market:

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 Intake of minerals increases resistance power of the body against diseases. Further,
eatable insects are source of oils & fats rich in polyunsaturated fatty acids. As per reports
of FAO (Food & Agricultural Organization) of United Nations (UN), insects emit low
proportion of greenhouse gases and can be consumed as sustainable diet. All these
aspects are predicted to drive the industry growth during forecast timeframe.
 Bug consumption has led to rise in demand due to reasonable price of raw materials,
transportation and deployment. Low raw material price can result in production increase
and directly affect edible insect market price trend.
 Capital investment by firms to increase their product portfolio can drive the industry
demand. Insects can be hazardous if not harvested properly. Limited guidelines and rules
for edible insects rearing can hinder the industry expansion.
Continued…

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