Entomophagy is engaged with the practice of eating insects. Where most of the parts of the world still lack the awareness regarding insect foods and their health benefits, these edible insects also form a part of table meal in the countries including Thailand, Vietnam, Cambodia, China, Africa, Mexico, etc.

The shift of people towards protein and mineral-rich foods and supplements, convenience foods, non-vegan culture, rising disposable income, increasing global population, rising investments in food processing sector, rising competency in the market for production of sustainable source of food, rising environmental concern are few of the factors driving the global edible insect food market.

Major trends observed in the market are the highest consumer demand for crickets among insect category. Where cricket pasta is gaining good popularity in the market. Also, these insect foods have good taste. Area wise, Asia Pacific is representing the highest market share followed by Europe and the United States.

The global edible insect market is segmented based on:
• Application: human food and animal feed.
• Insect type: crickets, termites, grasshoppers, mealworms, caterpillars, beetles, ants, etc.
• Product type: whole insects, insect powder/flour, insect protein bar, insect beverage, insect oil, etc.

The global market for edible insects is anticipated to grow at the CAGR of 24% annually and reach the figure around a thousand million dollars in the next five years. Proteins from Edible Insects have the potential to replace the animal proteins in the next few decades.

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Key questions answered in the report: -

• What is the feasibility of starting Edible Insect Farming and Processing in India?
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• Which are the high growth market segments in Edible Insect foods?
• With what capacity per day one should start?
• What are the requirements for starting Edible Insect Farming and Processing?
• What will be the budget for “xx” Kg capacity of business?
• How to minimize the operating cost?
• What are the market forecasts and estimates from the period 2019-2022?
• What are the major drivers, trends, restrains, threats, and opportunities in the Industry?
• Who are the major players in the Edible Insect food market?
• How to get loan or raise funds?
• How to operate the business?

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