Global Edible Insects Market Value to Reach US$ 722.9 Mn in Revenues by 2024 End
The global market for edible insects is expected to register healthy growth over the forecast period, 2016-2024. In terms of value, market will escalate to US$ 722.9 Mn by 2024 end, up from US$ 423.8 Mn in 2016. The expected CAGR for market expansion is around 6.1%. Lower production costs of insect-based products compared to chicken, beef, and pork will remain a key driver pushing the market growth.
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