Edible Insects Market drivers of growth analysed in a new research report

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Edible Insects Market analysis research and
trends report for 2017-2024
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Edible Insects Market

• Global human population is anticipated to
  increase by more than 2 billion by end of 2050
  giving rise to food problem. Increase in food
  production will lead to more pressure on
  environment. So consumption of edible insects is
  one of the food alternatives through which one
  can get high quality protein, amino acids and
  vitamins at affordable costs.
• Edible insects possess high food conversion rate
  and emit less greenhouse gases than traditional
  livestock. Furthermore, insect farming is cost
  effective as compared to cattle farming. Also,
  these insects are considered as a protein source
  for direct human consumption. They can be
  nourished and nurtured in a natural
  environment.As per Global Market Insights
  reports, edible insects market size was evaluated
  at 33.1 million for 2015 and is anticipated to
  record higher than 40.1 CAGR by end of forecast
  timeline. Growing acceptance of bug consumption
  all across the globe is predicted to drive global
  edible insects industry trends.

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Continued...

• Edible insects are rich in minerals and contain
  large amounts of potassium, iron, magnesium,
  sodium and zinc. Intake of diet rich in mineral
  content has a positive impact on fighting dreaded
  ailments. Eatable insects are main source of oils
  and fats and contain large proportions of
  polyunsaturated fatty acids. All these aspects
  are anticipated to expand edible insects market
  share during forecast timeline.
• Raw substance price is less that has resulted in
  enhancement in production and this directly
  affects edible insects market price trends.
  Cockroach oil is used as industrial lubricant or
  paint and this can provide new growth avenues for
  industry players to increase their product
  applications. However, edible insects can cause
  harm to health if they are harvested improperly.
  Limited regulations for edible insects can hinder
  industry expansion in future.

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U.S. Edible Insects Market size, by application,
2012-2023 (USD Million)

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360 Analysis

• Application Trends
• Snacks led the application segment and made a
  contribution of higher than 11.1 million for
  2015. They are rich in amino acids, proteins,
  zinc, vitamins, calcium and potassium and these
  features can promote the segment expansion.
  Cricket based items are consumed as snacks as
  they are good for health and as they minimize
  carbohydrates and saturated fats.
• Regional Trends
• Global edible insects market is segmented into
  Asia Pacific, North America, Middle East
  Africa, Latin America and Europe.
• Europe edible insects industry is projected to
  experience heavy expansion during forecast
  timeline and is dominated by countries like
  France, UK and Holland.
• Competitive Market Share
• Key industry participants profiled in the report
  include Thailand Unique, AgriProtein
  Technologies, Gathr Foods, Crik Nutrition,
  Crickers, ECOBARS, Bugeater Foods, Entomo Farms,
  Proti-Farm and HaoCheng Mealworm Incorporation.

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