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According to this latest publication from Meticulous Researchu00ae, the crickets market is expected to grow at a CAGR of 28.6% from 2022u20132029 to reach $3.50 billion by 2029.<br>
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TOP 10 COMPANIES IN CRICKETS MARKET
Global Crickets Market - 2022–2029 The Crickets’ Market is poised for substantial growth, with projections suggesting it will reach $3.5 billion by 2029, driven by a compound annual growth rate (CAGR) of 28.6% between 2022 and 2029. The increasing focus on sustainable food sources, driven by the environmental impact of traditional livestock farming, is a significant factor behind this growth. Crickets, known for their high nutritional value and low environmental footprint, have gained popularity as a sustainable alternative to conventional protein sources. The rising demand for cricket-based food products reflects a growing trend toward environmentally conscious consumption. Additionally, emerging markets in Southeast Asia, the Middle East & Africa, and Latin America are expected to offer significant growth opportunities for companies in the cricket industry. However, the market’s expansion may be tempered by challenges such as regulatory inconsistencies and consumer resistance to insect-based foods. Here are the top 10 companies operating in the Crickets Market Kreca (Part of Protifarm Holding NV) (Netherlands) is a longstanding leader in the insect production industry, with operations dating back to 1981 when it began producing crickets for animal feed. By 2007, the company expanded its focus to human consumption, offering products such as whole insects, freeze-dried insects, deep-frozen insects, and insect powder through its Kreca Ento-Food BV division. Kreca’s operations are governed by stringent food safety standards set by the Dutch Food Safety Authorization (NVWA), ensuring that its products meet the highest quality and safety criteria. With a global presence spanning North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, Kreca is a key player in the global crickets’ market. Entomo Farms (Canada)is a major player in the crickets’ market, specializing in the production of cricket flour, powder, and insect proteins. The company offers a wide range of products that cater to various segments, including powder, whole roasted crickets, seasoned snacks, pet food, and even frass. Entomo Farms’ commitment to both human and pet consumption reflects the growing acceptance of cricket-based products as a sustainable protein source. With a strong Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com
Global Crickets Market - 2022–2029 market presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, Entomo Farms is well-positioned to capitalize on the increasing global demand for sustainable and nutritious food products. Aspire Food Group (U.S.)has made significant contributions to the crickets’ market through its large-scale farming and processing operations. In the U.S., the company raises food-grade crickets on a commercial scale, focusing on producing ingredients for both food and feed applications. Aspire Food Group also operates in Ghana, where it farms palm weevil larvae and supports local farmers through sustainable farming initiatives. The acquisition of Exo in 2018 allowed Aspire Food Group to expand its product line to include cricket bars, high-protein powder, and whole roasted crickets. With a global presence spanning North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, Aspire Food Group is well-positioned to meet the growing demand for sustainable and nutritious food products. All Things Bugs, LLC (U.S.)is a prominent name in the crickets’ market, known for its production of finely milled whole cricket powder. The company’s flagship product, ‘Griopro,’ is created through a specialized process that involves grinding crickets before spray drying them, resulting in a fine, neutral-flavored powder with a small particle size. This product has found applications across various industries, contributing to the growing demand for high-quality cricket-based products. All Things Bugs has established a strong market presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, making it a key player in the global crickets’ market. Armstrong Cricket Farm Georgia (U.S.) is one of the oldest and most established cricket growers in the United States, having been a pioneer in commercial cricket farming since 1947. Over the years, the company has expanded its product offerings to include a variety of insects, such as mealworms, waxworms, super worms, big reds, and nightcrawlers. These products are supplied to bait stores, zoos, pet shops, and individual consumers, making Armstrong Cricket Farm a trusted name in the industry. The company also provides a range of accessories and equipment essential for edible insect farming, further solidifying its position as a leader in the crickets’ market. Download Free Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5247 Cricket Lab Limited (U.K.) is a leading player in the cricket processing industry, leveraging automation and modern technology to produce high-quality insect flour. As one of the largest cricket processing facilities in the world, Cricket Lab Limited has established itself as a leader in the industry. The company’s products are distributed across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, contributing to the growing demand for sustainable protein sources. Cricket Lab’s focus on innovation and efficiency has allowed it to maintain a competitive edge in the rapidly expanding crickets’ market. Global Bugs Asia Co. Ltd. (Thailand)has adopted a comprehensive approach to the crickets’ market, overseeing every stage of production from the organic farming of cricket feed to processing and distribution. The company’s product range includes crickets, cricket powder, snacks, and protein bars, catering to a wide range of consumer needs. Global Bugs Asia also Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com
Global Crickets Market - 2022–2029 operates an online trading platform for distributors and private label products, further extending its market reach. With a presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, Global Bugs Asia is well-positioned to meet the growing global demand for insect-based food products. JR Unique Foods (Thailand) has emerged as a leader in the production of high-quality insect powder and whole roasted insects for human consumption. The company’s operations are characterized by a commitment to quality, with crickets raised on a vegetarian, GMO-free feed formula. JR Unique Foods also offers a range of cricket-based products through its trading arm, Thailand Unique, including edible insects, insect candy, insect powder, and other insect-based foods. With a strong market presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, JR Unique Foods is well-equipped to serve the growing market for sustainable and nutritious food products. Protix B.V. (Netherlands) is a trailblazer in the insect industry, focusing on the production of insect-based ingredients for both animal feed and human consumption. The company has developed innovative processes to convert organic residual streams into protein meals, insect fats, and other nutritious food products using various insect species, including crickets. Protix’s acquisition of Fair Insects in 2017 has further expanded its product offerings, allowing the company to include mealworms, crickets, and grasshoppers in its portfolio. With a strong network of over 15 partners and a presence across Europe, North America, and Asia-Pacific, Protix continues to lead the industry with its innovative and sustainable solutions. Cricket Foods (U.K.) is dedicated to producing high-quality cricket-based ingredients, such as whole dried crickets and cricket flour, designed for human consumption. The company’s commitment to sustainability and quality has earned it a strong reputation in the industry. With a market presence spanning North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, Cricket Foods is well-positioned to capitalize on the growing global demand for eco- friendly and nutritious protein alternatives. Browse in Depth : https://www.meticulousresearch.com/product/crickets-market- 5247 Contact us : Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com