Edible Insects Market Size, Growth, and Industry Statistics | Latest Insights till - 2030| IMR
Edible Insect Market Size Was Valued at USD 237.15 Million in 2022, and is Projected to Reach USD 1291.73 Billion by 2030, Growing at a CAGR of 23.6% From 2023-2030.
Insects that are consumed by humans and animals for sustenance are considered edible. Insects come in a variety of forms in nature that humans can eat for food and snacks. Insects are being exploited as a source of food and protein due to the growing demand for animal-based food and protein to support big populations. Because they are high in protein, vitamins, and minerals, edible insects—like mealworms, grasshoppers, and crickets—make a wholesome and sustainable food source. Effective and environmentally friendly protein sources are desperately needed as the world's population continues to rise. Compared to conventional cattle, insects have a far smaller ecological footprint since they require less feed, water, and acreage to generate the same quantity of protein.
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Edible Insect Market Size Was Valued at USD 237.15 Million in 2022, and is Projected to Reach USD 1291.73 Billion by 2030, Growing at a CAGR of 23.6% From 2023-2030.
Insects that are consumed by humans and animals for sustenance are considered edible. Insects come in a variety of forms in nature that humans can eat for food and snacks. Insects are being exploited as a source of food and protein due to the growing demand for animal-based food and protein to support big populations. Because they are high in protein, vitamins, and minerals, edible insects—like mealworms, grasshoppers, and crickets—make a wholesome and sustainable food source. Effective and environmentally friendly protein sources are desperately needed as the world's population continues to rise. Compared to conventional cattle, insects have a far smaller ecological footprint since they require less feed, water, and acreage to generate the same quantity of protein.
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06:04 AM - Feb 06, 2024 (UTC)
