I hear bells dinging somewhere…
This is the condensed video version of one of the two reports we talked about in a recent post “Edible Insect Market Predictors Can’t Get It Right”. These are the guys that projected the global edible insect market to be worth $1.1 Billion annually by 2024.
Compare that with it being worth about $30 Million two years ago…
Edible Insects Market By Type (Edible Crickets, Mealworms, Black Soldier Fly, Grasshopper), Product (Whole Insects, Insect Flour, Cricket Protein Bars, Insect Snacks, Insect In Chocolate) – Global Opportunity Analysis And Industry Forecast (2018-2023) Global edible insects market is expected to reach USD 1,181.6 million by 2023, supported by a CAGR of 23.8% during the forecast period of 2018 to 2023.
Here’s the video version: