Edible Insects Market share to grow at over 40% CAGR from 2016 to 2023

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

• 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.

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Continued

• 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.

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Insects Market _at_ http//bit.ly/2efd1CN
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