Costa Rica with the Potential to Join the World Market of Edible Insects

The world industry of edible insects is in full evolution and Costa Rica has the potential to participate in a market that in 2020 was $894 million worldwide and that is expected to grow annually, on average, 26.5% by 2027.

This was evidenced in the market study: “International Market for Edible Insects” prepared by Procomer, which describes the characteristics of international marketing of edible insects and determines the most favorable segments for marketing.

The General Manager of Procomer, Pedro Beirute Prada, pointed out that the insect industry represents an inclusive business, since it allows access to small producers and production chains.

“We are facing a market with the potential to revitalize our productive sector with high environmental benefits and high nutritional value. Just to cite one example, in land use efficiency, insects require 2 to 10 times less agricultural land to produce 1kg of edible insect protein compared to 1kg of pig or cattle protein,” added Beirute.

Enrique Ulloa, economic analyst in charge of the study, reiterated that taking advantage of the market is closely linked to overcoming current market barriers, including the regulatory framework and psychological and ethical aspects related to its consumption. In addition, as an incipient industry, it has risks associated with production and demand.

In the case of Costa Rica, Ulloa acknowledges that the country can opt for the development of applications for human consumption such as insect powder and protein bars, which show greater sales dynamism in the medium term. Without neglecting animal consumption products.

A culture of consumption

“We must work on the development of a culture of consumption at the national level to promote the domestic market and, without a doubt, work on the technical training of our producers, which must be accompanied by the training of professionals in the industry who can provide them with assistance”, commented the analyst.

Worldwide, 63% of the market uses its products for human consumption and the remaining 37% for animals, with crickets (42%), the black soldier fly (20%) and mealworms (15%) being the main insects. marketed.

At the same time, in 2020, the main markets were Asia Pacific, Europe and North America. Precisely, the United States stands out as the main destination with potential for human and animal consumption given the size of its demand and projected growth (29.3% per year for the period 2020-2027).

Figures

• About 140 countries in the world consume insects with more than 2,000 registered species.

• The consumption of insects by humans is known as entomophagy and is practiced in many countries around the world, but mainly in regions of Asia, Africa and Latin America.

• Insects complement the diet of approximately 2,000 million people and it is a habit that has always been present in the eating behavior of human beings.

• The use of insects as food and for the manufacture of animal feed has been analyzed by the United National Organization (FAO) for its environmental, health and social benefits, through its Edible Insects Program since 2003.