The global market for edible insects is expected to reach $1.5 billion by 2026, according to new research from Global Market Insights. Consumer desire for high-protein and low-calorie ingredients and rising competition among edible insect products is likely to boost the industry demand.
In a statement, Global Markets Insights notes, “Industry players are utilizing cricket and mealworm powders rich in protein and nine essential amino acids to prepare snack bars, energy, and protein bars. Industry players are experimenting with various ingredients and flavors to make their product edible in raw form which is likely to encourage consumption.”
Related: Seafood Company Invests in Insect Protein; Grasshoppers, Crickets High in Antioxidants.
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Edible Insect Market to Reach $1.5 Billion
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February 24, 2020
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