(MENAFN- Ameliorate Digital Consultancy)
The edible insects market presents many opportunities for growth. Firstly, insects are an abundant and sustainable source of protein. Insects require less feed, water, and land than traditional livestock and produce fewer greenhouse gas emissions. This makes them an attractive alternative for consumers looking to reduce their environmental impact. Secondly, there is a growing demand for unique and exotic foods. Edible insects offer a new and exciting culinary experience for adventurous eaters. Insects also have a high nutritional value, containing essential nutrients such as protein, vitamins, and minerals.
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Despite the many opportunities in the edible insects market, there are also challenges that must be addressed. One challenge is consumer acceptance. Many consumers are still wary of eating insects, and there is a need to educate consumers about the benefits of edible insects and dispel any myths or misconceptions.Another challenge is the need for regulation. In many countries, there are no clear regulations governing the production and sale of edible insects. This can make it difficult for companies to navigate the market and can also raise concerns about food safety and hygiene.
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Companies Covered in This Report –
Thailand Unique Kreca Ento-Food BV Nordic Insect Economy Ltd. Entomo Farms Ltd. Enviro Flight,LLC Proti-Farm Exo Inc. ENTOTECH Deli Bugs Ltd. Eat Grub Ltd. Other
Companies are also moving towards providing food-grade certified insects for consumption. Moreover, activities such as insect harvesting requires very less investment and it is considered as the best way to earn for the poorest section of society. However, companies are finding new ways to offer edible insects with maximum nutrition value.
Moreover, the demand for edible insects is also growing due to the number of benefits offered by them. The demand for edible insects has also increased owing to the rise in globalization. Edible insects are being produced by adopting wild harvesting, farming and semi-domestication. These methods also require very minimal investment.
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All the data including qualitative and quantitative is provided based on the primary and secondary research done. Interviews were conducted with market experts, and the opinions provided by them were cross-checked with the valid data sources. presentation, and other available documents with important data. The report also provides five force analysis and SWOT analysis. This helps in understanding the market and identify growth opportunities. Market attractiveness analysis is also done to provide market attractiveness index. It plays an important role in identifying opportunities for both manufacturers and suppliers. The data is provided in form of CAGR, revenue, and year-on-year growth.
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