The Edible Insects Market: Innovations and Trends
“Insects as food or edible insects are insect species used for human consumption, e.g., whole or as an ingredient in processed food products such as burger patties, pasta, or snacks.” Wikipedia
Experts estimate that more than 1900 different species of edible insects are consumed globally. It includes butterflies, beetles, ants, bees, wasps, grasshoppers, crickets, termites etc. The market is forecasted to be worth US$ 710 billion by 2026.
If insects had been consumed for a long time in some regions of the world (Asia, South-America, Pacific etc.), they have been introduced in the Western markets more recently and under non-recognizable forms to arouse the interest of consumers.
For e.g, the Food Industry uses edible insects in processed powders and flours destined to industrial bakery or snacks. Especially in Europe, there has been a rising demand for insects as a protein supplement in bars.
1- The health benefits from eating insects
Insects have a high nutritional profile :
- A high protein income
- A low calorie rate
- A source of amino acids, omega 3 and fibers
- Rich in minerals, zinc, iron, calcium and other vitamins
Source : Insight pest solutions
While they are a less processed food and more nutritious than many foods we eat today ; they are also a sustainable raw material for the industry : with their high nutritional value they are a perfect alternative to meat, fish or soy thanks to their production process which requires less water or feed and rejects fewer emissions. For e.g, a crickets’ production requires 12 times less feed than cattle or 4 times less than sheep for the same amount of protein.
So, insects are considered as a sustainable way to feed the growing humanity for good reason because they can be produced in massive quantities without hurting the environment while delivering quality nutrition to consumers.
2- Innovations and Trends
Trends in snacks & confectionery :
- Chips
- Chocolates
- Macarons
- Bread
- Ice cream
Trends in health & fitness :
- Protein bars
- Bites with cricket and oat flour
- Protein pasta
And companies such as Bentspoke Brewing Co even created the first insect beer !
Source: Global Market Insights
