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Edible Insects Industry in Brazil to exceed USD 55 million revenue by 2023

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.

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Edible Insects Industry in Brazil to exceed USD 55 million revenue by 2023

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  1. Edible Insects Market to grow at over 40% CAGR by 2023: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from Edible Insects Market: • Edible insects are rich in minerals and contain large amounts of potassium, iron, magnesium, sodium and zinc. • 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. • Cockroach oil is used as industrial lubricant or paint and this can provide new growth avenues for industry players to increase their product applications. • Global industry is segmented into different products that include bees, scale insects & true bugs, beetles, wasps, caterpillars, ants and grasshoppers.

  3. Continued... • Industry is segmented into applications like snacks, flour and protein bars. • Protein bars is projected to record 42.1% CAGR during forecast timeline and cross $166 million mark. They are mainly utilized in preparing smoothies, biscuits, muffins, soups, breads and desserts. Flour applications include mealworm and cricket in powdered form. Other main applications of edible insects are chocolates, protein shake and pasta. • Latin America, dominated by Brazil, can expand substantially and Brazil edible insects market is anticipated to record 42.1% CAGR and surpass $55.1 million in terms of revenue during forecast timeframe. • Europe edible insects industry is projected to experience heavy expansion during forecast timeline and is dominated by countries like France, UK and Holland.

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

  5. Browse Full Market Research Report On Edible Insects Market@ http://bit.ly/29kMNf3 Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/501https://www.gminsights.com/request-sample/detail/49

  6. 360° Analysis • Product Analysis • Global industry is segmented into different products that include bees, scale insects & true bugs, beetles, wasps, caterpillars, ants and grasshoppers. Grasshoppers are considered as natural food and a rich protein source. • Regional Analysis • Europe edible insects industry is projected to experience heavy expansion during forecast timeline and is dominated by countries like France, UK and Holland. • Asia Pacific industry, dominated by Thailand and China, was biggest region with higher than $10.1 million of revenue production for 2015. • 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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