The Singapore Food Agency (SFA) approved the import of 16 insects in July, including many species of crickets, grasshoppers, locusts, mealworms, and silkworms.
The approval is expected to improve Singapore’s food security as insects have high protein, while insect farming emits low amounts of greenhouse gas. At the same time, it is also a boost for Thai exporters.
“The approval for the import of consumable insects is a good opportunity for Thai entrepreneurs to penetrate Singapore’s market,” SFA says.
According to the Food and Agriculture Organization of the United Nations, more than 1,900 species of insects are edible, and the insect market is expected to exceed $2 billion (about 70 billion baht) by 2027.
According to the Trade Policy and Strategy Office, Thailand can produce over 7,000 tonnes of economic insects annually. The country also has more than 20,000 insect farms.
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