Despite a stigma, as much as 80% of the world already eats insects. That number is expected to grow as people turn to insects because of their high protein content and relatively low environmental impact.
How you can capitalize
Education and Marketing: If brands are able to smash through the stigma, they will be able to create an exponentially larger market.
New product lines: Companies that create new arenas for bug grub will find an unsaturated market.
Entertainment: Ever heard of Wine and Bug Tastings? They exist.
Remember when lobster was a “poor man’s food”? How times have changed. Because of their high protein content and low environmental impact the candidate for the “next lobster” may be surprising: insects.
In 2009, long before the “resale market” had picked up steam, thredUP incorporated. Now, 10 years later, they’ve raised over $300m in funding, including a new $175m...
The Trends Small Business Database houses hundreds of small businesses, along with their financials and unique stories. You can access the entire database here or read...