The food & beverage industry has a lion’s share in expanding economic avenues. This is due to the fact that it is universal to human health as well as human life. Augmented by the rising disposable revenue, the food & beverage industry has been undergoing a phenomenal change in usage pattern. In addition to this, advent of developing countries paired with their increasing population as well as rising government rules supporting the industry development ispositively affecting the food manufacturing players and their business tactics.
The food & beverage industry has a lion’s share in expanding economic avenues. This is due to the fact that it is universal to human health as well as human life. Augmented by the rising disposable revenue, the food & beverage industry has been undergoing a phenomenal change in usage pattern. In addition to this, advent of developing countries paired with their increasing population as well as rising government rules supporting the industry development ispositively affecting the food manufacturing players and their business tactics.
The edible insect-based food products market size is expected to be worth around USD 1,200 million by 2034, up from USD 250 million in 2024, growing at a CAGR of approximately 17.5% during the forecast period from 2024 to 2034.
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