The Crickets’ Market is expected to grow at a CAGR of 28.6% from 2022 to 2029 to reach $3.5 billion by 2029. This market is mainly driven by the growing emission of greenhouse gases from livestock and poultry, the rising demand for cricket-based food products, and the high nutritional value of crickets. Moreover, emerging economies, such as Southeast Asia, the Middle East & Africa, and Latin America is expected to create lucrative opportunities for players operating in this market. However, the non-standardized regulatory framework, and psychological and ethical barriers to insects as food, are expected to hinder the growth of this market to some extent.
Here are the top 10 companies operating in the Crickets Market
Kreca builds and operates insect production and processing facilities to produce feed and food products. The company has delivered crickets for animal feed through Kreca Ento-Feed BV since 1981 and for human consumption through Kreca Ento-Food BV since 2007. Its product portfolio includes whole insects, freeze-dried insects, deep-frozen insects, and insect powder. Kreca Ento-Food BV is supervised and authorized by the Dutch Food Safety Authorization (NVWA) to produce and sell edible insects. The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Entomo Farms (Canada)
Entomo Farms manufactures crickets flour, crickets’ powder, and insect proteins. The company offers its products through various segments, namely powder, whole roasted, seasoned snacks, pet food, swag, and frass. Entomo Farms offers its products for both human and pet consumption. The company has its geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Aspire Food Group commercially farms and processes usable ingredients for food and feed. In the U.S., the company raises food-grade crickets on a commercial scale. In Ghana, it commercially farms palm weevil larvae and runs a program that empowers peri-rural farmers to locally raise palm weevils. In March 2018, Aspired Food Group acquired Exo to produce cricket bars, high protein powder, and whole roasted crickets. The company has its geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
All Things Bugs, LLC (U.S.)
All Things Bugs, LLC is involved in the manufacturing and selling finely milled whole crickets’ powder. The company offers its products under the brand name ‘Griopro.’ All Thing Bugs grinds its insects before spray drying them, creating a paler, fine powder with a neutral flavor and smaller particle size (<100 microns). The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Armstrong Cricket Farm Georgia is one of the oldest growers of crickets, and in 1947, it became the first commercial cricket grower in the U.S. The company serves edible insects to various animal feed manufacturers. The firm also provides mealworms, waxworms, super worms, big reds, and nightcrawlers to meet the demand of bait stores, zoos, pet shops, and individuals. Further, the company offers various accessories and equipment used in edible insect farming. The company has its primary presence in the U.S.
Meticulous Research in its latest publication on Crickets Market has predicted the growth of 28.6% during the forecast year 2022-2029.
Cricket Lab Limited (U.K.)
Cricket Lab Limited farms and processes crickets into flour. The company processes crickets and uses automation and modern technology to manufacture insect flour. Cricket Lab Limited is among the biggest crickets processing facilities globally in terms of production. The company has its geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Global Bugs Asia is involved in producing and marketing edible insect products. The company manufactures crickets, cricket powder, snacks, and protein bars. It controls the whole value chain from the organic farming of cricket feed, house cricket and black soldier flies, production, and processing to sales and distribution. Further, the company has a separate online trading platform for distributors and private label products. The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
JR Unique Foods (Thailand)
JR Unique Foods is engaged in producing insect powder and whole roasted insects for human consumption. It produces insects with Grade A BRC food safety certification. It produces crickets that are entirely fed on vegetarian feed formula, which is GMO-free. The company also offers crickets-based food products through its trading company Thailand Unique (Thailand). Its product line includes edible insects, insect candy, insect powder, and insect foods. The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Protix manufactures and supplies insect ingredients for animal feed and human consumption. The company also converts organic residual streams through various insect species, such as black soldier fly, cricket, mealworm, and locust, to form protein meal, insect fats, and healthy food. After the acquisition of Fair insects in September 2017, Protix has been producing mealworms, crickets, and grasshoppers for direct human consumption. With more than 15 partners, the company has its presence across Europe, North America, and Asia-Pacific.
Cricket Foods (U.K.)
Cricket Foods manufactures and supplies cricket-based high-quality ingredients. The company produces whole dried crickets and crickets flour. They produce crickets that are suitable for human consumption. The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa
Authoritative Research on the Crickets Market – Global Opportunity Analysis and Industry Forecast (2022-2029)
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