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Crickets Market by Product (Whole Crickets, Cricket Powder) , Species (House Cricket), Application (Processed Whole Crickets, Protein Supplement Powder, Cricket Protein Bars, Beverages), End Use (Human Nutrition, Animal Nutrition) - Global Forecast to 2029
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Crickets Market on Track to Reach $3.5 Billion by 2029, With a CAGR of 28.6%: Meticulous Research® Exploring the Growth Trajectory and Top Companies in the Crickets Market [28-09-2023] - The Crickets Market is set to witness an impressive CAGR of 28.6% from 2022 to 2029, propelling the market to a valuation of $3.5 billion by 2029. The burgeoning demand for cricket-based food products, the high nutritional value of crickets, and the escalating emission of greenhouse gases from livestock and poultry are the primary drivers fueling this robust growth. This market shows immense potential, especially in emerging economies like Southeast Asia, the Middle East & Africa, and Latin America, presenting lucrative opportunities for industry players. However, non-standardized regulatory frameworks and prevailing psychological and ethical barriers to insects as food are anticipated to pose challenges to market growth. Here are the top 10 companies operating in the Crickets Market : https://meticulousblog.org/top- 10-companies-in-crickets-market/ Top 10 Companies in the Crickets Market: Kreca (Part of Protifarm Holding NV) (Netherlands): Kreca pioneers in insect production and processing, offering a range of insect-based feed and food products. With a significant global presence, it has been a trusted name since 1981. Entomo Farms (Canada): A leading manufacturer of cricket flour, powder, and insect proteins, Entomo Farms caters to both human and pet consumption, solidifying its position across major continents. Aspire Food Group (U.S.): Aspire Food Group focuses on commercially farming usable ingredients for food and feed. It acquired Exo in 2018 to expand its product line, producing cricket bars, high protein powder, and whole roasted crickets. All Things Bugs, LLC (U.S.): Specializing in finely milled whole cricket powder, All Things Bugs, LLC offers its products under the brand 'Griopro,' meeting consumer needs for high-quality insect-based ingredients. Armstrong Cricket Farm Georgia (U.S.): Established in 1947, it is among the oldest cricket growers in the U.S., providing edible insects to a diverse range of customers, including animal feed manufacturers and pet shops. Cricket Lab Limited (U.K.): Cricket Lab Limited is a major cricket processing facility globally, using modern technology to manufacture insect flour. Its large-scale production makes it a key player in the market. Global Bugs Asia Co. Ltd. (Thailand): Known for producing and marketing edible insect products, Global Bugs Asia controls the entire value chain from organic farming of cricket feed to sales and distribution, showcasing its global presence. JR Unique Foods (Thailand): With a focus on producing insect powder and whole roasted insects for human consumption, JR Unique Foods adheres to high food safety standards, offering a range of insect-based food products.
Protix B.V. (Netherlands): Protix manufactures insect ingredients for animal feed and human consumption, converting organic residual streams into valuable protein meal and insect fats. Its strategic acquisitions have bolstered its market position. Cricket Foods (U.K.): Cricket Foods is a significant player in producing high-quality cricket-based ingredients, offering whole dried crickets and cricket flour to meet the growing demand. Top 10 Companies Revolutionizing the Crickets Market: https://meticulousblog.org/top-10- companies-in-crickets-market/ For an in-depth analysis of these companies, including their financial performance, product offerings, and strategic endeavors, refer to the comprehensive report by Meticulous Research®, "Global Opportunity Analysis and Industry Forecast (2022-2029). About Meticulous Research® Meticulous Research® is a leading provider of market research and consulting services, specializing in healthcare, life sciences, electronics, chemicals, and agriculture industries. The company's mission is to provide high-quality, customized research solutions that help businesses make informed decisions and achieve Contact US sustainable growth. Mr. Khushal Bombe Meticulous Research® Direct Lines: +1-646-781-8004 (North America) +44-203-868-8738 (Europe) +91 744-7780008 (Asia-Pacific) Email- sales@meticulousresearch.com Visit Our Website: https://www.meticulousresearch.com/ Meticulous Research® Blog: https://meticulousblog.org/ Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research