![Global Crickets Market](https://res.cloudinary.com/devmoveo/image/upload/v1705499690/skyquest/report/phps534Um.jpg)
Report ID: SQMIG30B2019
Report ID:
SQMIG30B2019 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|
Tables:
95 |
Figures:
67
Crickets Market Driver
Cricket products are well-known for providing more energy than traditional animal-based protein products. Cricket protein powder contains more essential amino acids than conventional meat products, suggesting that consuming cricket protein powder may allow for adequate amino acid intake. Vitamin B12, which is only found in animal-based foods, is abundant in house crickets. This vitamin is necessary for human health development in general.
Crickets Market Restraint
Insect farming has long been hailed by environmentalists as a highly effective substitute for the production of beef, poultry, and swine. There are no legal restrictions on the production, selling, or consumption of insects in several nations, including Thailand and Vietnam. Regulators in western nations, however, pose a serious obstacle to the use of insects in food and feed. Western regulators disagree on whether insects should be covered by the current food laws or whether they should be treated as a unique food product that needs substantial testing. That’s why uncertain and non-standardized regulatory scenario for the use and consumption of insects as food and feed across regions is expected to hindering the growth of the crickets market.
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REQUEST FREE CUSTOMIZATIONCrickets Market was valued at USD 2.3 billion in 2019, andit is expected to grow from USD 2.9 billion and reach a value of USD 22.13 billion by 2031, at a CAGR of 28.6% over the forecast period (2024-2031).
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Report ID: SQMIG30B2019