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Industrial Outlook of Edible Insects Market Edible insects market is projected to grow at a CAGR of 19.52% during the forecast period, reaching a total market size of US$2.279 billion in 2024 from US$0.782 billion in 2018. The edible insects market is growing owing to the growing population and decreasing food resources, which opens up the need for finding sustainable and environment-friendly food production methods with high nutrition.