The edible insects market will observe substantial demand in coming years. The demand for edible insects in form of powders, to prepare healthy protein rich food and snacks has provided a spur to the product adoption on a larger scale. Ant and beetle powders have found use in different snack types such as wedges, potato chips, chocolates, and other confectionary products that increase the nutritional content of the snacks. These powders constitute of pure and high concentration of branched amino acids which support in improving immunity and muscle growth, thereby sufficing the demand of health conscious consumers.
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The global edible insects market to record a remuneration of USD 1.5 billion by the end of 2026.
Let alone the snacks, edible insects powders are also abundantly used in baking industry to prepare high quality nutritious bread products.
The demand for edible insects market has been seeing a prolific rise in the states of Europe and North. This can be attributed to the rising living standards aligned with high per capita income and growing cognizance on potential benefits of edible insects products consumption. Moreover, the introduction of stringent regulations across the region for food manufacturers pertaining to the use of edible insects in cheese, bakery, and other preparations has prompted industry leaders to provide innovative, high quality, and safe solutions and products.
The edible insects market is expected to grow rapidly due to newly found interest of consumers towards high protein and low calorie product consumption. The fundamental reason supporting this increasing demand is the product’s rich concentration of nine essential amino acids and easy digestibility.
One of America’s finest food and service companies, Sysco has recently made it to the headlines owing to its partnership with Lewiston based Entosense, Inc., subjected to the addition of latter’s edible insects product line in the company’s main offerings. This partnership would allow Sysco to boast its massive food service to the customers in the North American and Europe regions, as the demand from these states is prolifically rising. The newly announced pact is expected to augment Sysco’s stance in the global food market and also pave way for the company to expand its horizon in the edible insects market.
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Various market leaders including Exo Protein, Crowbar Protein, Crickers, Bugsolutely, and multiple others, operating in edible insects market have been immensely engaged in rolling out new products by developing advanced extraction and farming techniques to reduce the manufacturing costs. These players are also entering into M&As with other companies, potential vendors, and distributors to expand their product penetration and widen the reach geographically.
Another profound factor leading to the consumption of these products is emerging health trends on fitness and adoption of calorie keto diets.
Myriad product manufacturers across worldwide edible insects industry have been making use of mealworm and cricket powders rich in nine essential amino acids and protein to make energy, protein bars, and snack bars that meet the needs of today’s generation demanding for protein rich diet. Not only this, these marketing giants have been massively experimenting with vivid ingredients and flavors to create products that are edible in raw form, paving way for edible insects market expansion. In addition to this, mounting prevalence of livestock diseases is making consumers opt for low calorie, safe, and economic protein rich alternative sources.
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