The Crickets Market is projected to reach $3.5 billion by 2029, growing at a CAGR of 28.6% from 2022 to 2029. Key drivers include the increasing greenhouse gas emissions from livestock and poultry, rising demand for cricket-based food products, and crickets' high nutritional value. Additionally, emerging markets in Southeast Asia, the Middle East & Africa, and Latin America present substantial growth opportunities due to favorable conditions for cricket farming. However, the market faces challenges from the lack of standardized regulations and psychological and ethical resistance to insects as food.

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The global crickets market is segmented based on product, species, application, end use, and geography. The study also evaluates industry competitors and analyses the market at a country level.

Based on product The crickets market is segmented by product into whole crickets, cricket powder, cricket meal, and other products. In 2022, the whole crickets segment is expected to hold the largest share of the global market, driven by their easy availability, lower cost compared to processed forms, and higher demand from protein ingredient and food manufacturers for further processing. However, the cricket powder segment is anticipated to grow at the highest CAGR during the forecast period. This growth is mainly due to the ease of incorporating cricket powder into various food products and its wide range of applications in both human and animal foods.

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Based on species, The crickets market is primarily segmented into house crickets (Acheta domesticus) and other species (Gryllus and others). In 2022, the house crickets segment is expected to hold the largest share of the global market. This dominance is mainly due to their high nutritional value for both human and animal nutrition, low cost, and increasing acceptance, approval, and production of this species as food and feed.
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Based on application, The global crickets market is segmented into processed whole crickets, animal feed and pet food products, protein supplement powder, cricket protein bars and protein shakes, bakery products, snacks, beverages, and other applications. In 2022, the processed whole crickets segment is anticipated to dominate the global market. This dominance is primarily due to the widespread availability of whole crickets, rising consumption of cricket-based foods, and the high nutritional value of crickets for human consumption. However, the cricket protein bars and protein shakes segment are projected to exhibit the fastest CAGR during the forecast period. This growth is driven by increasing demand for protein bars made from edible insects, particularly crickets, fueled by the proliferation of health and fitness clubs, growing awareness of healthy lifestyles, and rising consumer preference for ready-to-eat food products.

Based on end use, The global crickets market is categorized into human consumption, animal nutrition, and other end uses. In 2022, the human consumption segment is projected to hold the largest market share. This dominance is credited to the rising demand for innovative and sustainable food options to accommodate the rapidly expanding global population, the notable nutritional value of crickets, the increasing preference for eco-friendly protein sources, and the growing awareness regarding the benefits and necessity of high-protein diets.

Based on geography, The crickets market is segmented across five primary regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, Asia-Pacific is expected to hold the largest share of the global crickets market. This dominance is linked to the well-established commercial cricket farming practices, particularly in Thailand, the availability of diverse cricket species and substantial production, the favorable perception of crickets as both food and feed, the absence of regulatory barriers regarding their use, and the presence of key market players in the region.

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However, the North American crickets market is expected to record the highest CAGR during the forecast period. The rapid market growth in this region is mainly attributed to the growing demand for environment-friendly high protein diets, aversion to highly processed foods, the increasing demand for insect-based foods, a growing number of crickets-based food product manufacturers, and the rising environmental concerns about meat production.

The key players operating in the global crickets market are KRECA (Part of Protifarm Holding NV) (Netherlands), Entomo Farms (Canada), Aspire Food Group (U.S.), All Things Bugs, LLC (U.S.), Armstrong Cricket Farm Georgia (U.S.), Cricket Lab Limited (U.K.), Global Bugs Asia Co. Ltd. (Thailand), JR Unique Foods Ltd. (Thailand), Protix B.V. (Netherlands), and Cricket Foods (U.K.), and Entogama (Lithuania).

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