Edible insects or insect products consumed as snack
alternatives are commonly referred to as insect snacks. Insect snack is a
feasible alternative to various other healthy snacks as it offers the high
nutritional content at a lower cost. Insects are a rich source of proteins,
minerals, vitamins, and essential amino acids as compared to other sources,
such as fish and meat. Moreover, rearing of insects is a sustainable industrial
farming practice as they help in lowering the ecological footprint by emitting
low amounts of greenhouse gases and ammonia, in comparison to other livestock.
Based on insect type, the global insect snacks market has been
segmented into Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera, and
others. The Coleoptera segment is expected to gain the largest revenue share in
the global insect snacks market owing to the high protein content and their
ability to convert cellulose into digestible fat. However, the orthoptera
segment is projected to register the highest CAGR as they are available in
abundance, offer high protein content, and can easily be mixed in any flavor.
For instance, crickets belonging to the order Orthoptera contain nearly 69%
protein, all nine essential amino acids, vitamin B12, iron, calcium, fiber, and
omega 3 & 6.
Regional Analysis
The global insect snacks market has been segmented by region,
into North America, Europe, Asia-Pacific, and Rest of the World.
Asia-Pacific is projected to dominate the global insect snacks
market due to the high acceptance rate of the concept of consuming insects in
the region. Moreover, several insects are being reared in various Asia-Pacific
countries, such as China, Korea, India, Thailand, Malaysia, and Vietnam for
their consumption in the form of snacks.
Segmentation
The global insect snacks market has been segmented on the
basis of insect type, packaging type, end-use, and region.
The global insect snacks market has been divided, by insect
type, into Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera, and
others.
Based on packaging type, the global insect snacks market has
been segregated into cans, pouches, bottles, and others.
By end-use, the global insect snacks market is bifurcated into
food service and food retail.
Key Players
Some of the key players in the global insect snacks market are
Eat Grub (UK), Jimini’s (France), Thailand Unique (Thailand), Entomo Farms
(Canada), Chapul Cricket Protein (US), Edible Inc. (Korea), Cricket Flours
(US), EXO (US), and Six Foods (US).
Complete Report Details @ https://www.marketresearchfuture.com/reports/insect-snacks-market-7524
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