‘Bug Protein’ Is Now A Billion-Dollar Industry
The next big food craze? Bugs, according to a new report from financial analysts. This week, Barclays analysts predicted that ‘edible insects’ will explode into an $8 billion dollar industry by the year 2030, as demand for meat alternatives grows.
Some of the factors cited in the report include the increasing demand for plant-based proteins, a growing global population, and a younger generation that is less turned off by the idea of eating insects.
The report points out that sushi is now commonplace, when it was once considered a ‘weird and whacky’ food.
Currently, about 2 billion people around the world eat bugs regularly.
Eating insects will soon go mainstream as bug protein is set to explode into an $8 billion business https://t.co/yhXA40svxI
— Business Insider (@BusinessInsider) June 25, 2019
