Market value | $6.1 billion in 2022(Caputo et al., 2024) | Growing due to advancements in food technology(Samad et al., 2024b) | An emerging market with high growth potential(Chodkowska et al., 2022) | Expected to grow with increasing awareness(Malila et al., 2024) |
Consumer acceptance | High, but needs improvement in taste and affordability(Gradl et al., 2024) | Increasing due to health and sustainability benefits(Samad et al., 2024b) | Gradually growing, but faces perception and cost challenges(Samad et al., 2024c) | Low, but improving with awareness and innovative products(Malila et al., 2024) |
Production cost | Relatively low and decreasing(Samad et al., 2024a) | Moderate, depending on the technology and ingredients used(Molina et al., 2024) | High, but expected to decrease with scale(Niszczota and Błaszczyński, 2024) | Low, but varies with the type of insect and processing method(Khayrova et al., 2024) |
Environmental impact | Lower than conventional meat but varies by product(Bakhsh et al., 2021a) | Lower than traditional meat, depends on ingredients(Molina et al., 2024) | Significantly lower than conventional meat(Chodkowska et al., 2022) | Very low insects require less land, water, and feed(Malila et al., 2024) |
Nutritional value | High in protein, fiber, and other nutrients, but varies by product(Kumari et al., 2023) | It can be tailored to match or exceed conventional meat(Samad et al., 2024b) | Comparable to traditional meat, it can be customized(Chodkowska et al., 2022) | High in protein, vitamins, and minerals(Khayrova et al., 2024) |
Regulatory status | Widely accepted and regulated(Kumari et al., 2023) | Accepted, but varies by region(Samad et al., 2024b) | Limited, but increasing with more approvals(Samad et al., 2024c) | Limited, varies by region, but gaining acceptance(Malila et al., 2024) |
Key players | Beyond Meat, Impossible Foods(Samad et al., 2024a) | Various food tech companies(Molina et al., 2024) | Memphis Meats, Mosa Meat(Samad et al., 2024c) | Aspire Food Group, Entomo Farms(Megido et al., 2024) |