The 2022 global for Bees Edible Insects Market had a value of USD 1.2 billion and is projected to achieve a substantial growth, reaching USD 4.3 billion by 2032. During this forecasted period, it is expected to maintain a robust compound annual growth rate (CAGR) of 14.5%. The driving forces behind this substantial revenue growth are the increasing demand for alternative protein sources, a growing awareness of health among consumers, and rising environmental concerns.

Edible insects have gained popularity as a valuable source of protein, vitamins, minerals, and healthy fats, which has led to their increased consumption by health-conscious individuals. Notably, insects are considered a more sustainable protein option in contrast to traditional livestock farming, as they require significantly fewer resources, including water, land, and feed.

Furthermore, the world's expanding population and the escalating need for protein-rich sustenance are pivotal factors contributing to the market's revenue expansion. With the global population projected to reach 9.7 billion by 2050, conventional protein sources like meat, poultry, and fish are expected to face growing sustainability challenges. Consequently, there is anticipated to be a substantial surge in the demand for alternative protein sources, notably edible insects.

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Top Companies:

• Entomo Farms
• Aspire Food Group
• Chapul Farms
• Agriprotein
• Cricket Flours
• Protix
• Ynsect
• All Things Bugs
• Bitty Foods
• Exo Inc.

Here are some key trends in the bees edible insects market

• Growing Demand for Sustainable Protein: The edible insect market has gained traction as a sustainable protein source. With concerns about the environmental impact of traditional livestock farming, insects are seen as a more eco-friendly option. They require less water, land, and food compared to conventional livestock.
• Nutritional Benefits: Insects are rich in protein, fiber, and essential nutrients like vitamins and minerals. Consumers are increasingly recognizing the nutritional value of insects, making them a desirable food choice.
• Cultivated Insects: Farming and cultivating insects for food production have become more common. This controlled environment ensures the quality and safety of edible insects, addressing concerns about wild-caught insects' potential contamination.

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To assist readers in making profitable business decisions, the report is written with the help of industry analysts, market segmentation, and data collection. In addition to providing a comprehensive database of technological and product advances, the report provides detailed information on growth rates, market values, as well as niche market segments.

This report analyzes the Bees Edible Insects Market in terms of growth rate, market share, current and emerging trends, production and consumption ratios, industrial chains, demand and supply, imports, exports, revenue contribution, and key player presences in key regions. As a part of the report, a country-by-country analysis of the Bees Edible Insects Market is provided to gain a deeper understanding of its growth and progress.

The global Bees Edible Insects Market is segmented into:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Further market segmentation

Type Outlook:

• Crickets
• Mealworms
• Ants
• Grasshoppers
• Bees
• Others

 Application Outlook:

• Food and Beverage
• Animal Feed
• Others

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