More than 1,900 species of insects are eaten around the world, mainly in Africa and Asia, but people in the West generally turn their noses up at the likes of grasshoppers, termites and other crunchy fare.
The authors of the study by the Forestry Department, part of the UN Food and Agriculture Organisation (FAO), said many insects contained the same amount of protein and minerals as meat and more healthy fats doctors recommend in balanced diets.
"In the West we have a cultural bias, and think that because insects come from developing countries, they cannot be good," said scientist Arnold van Huis from Wageningen University in the Netherlands, one of the authors of the report.
Eva Muller of the FAO said restaurants in Europe were starting to offer insect-based dishes, presenting them to diners as exotic delicacies.
Danish restaurant Noma, for example, crowned the world's best for three years running in one poll, is renowned for ingredients including ants and fermented grasshoppers.
As well as helping in the costly battle against obesity, which the World Health Organisation estimates has nearly doubled since 1980 and affects around 500 million people, the report said insect farming was likely to be less land-dependent than traditional livestock and produce fewer greenhouse gases.
It would also provide business and export opportunities for poor people in developing countries, especially women, who are often responsible for collecting insects in rural communities.
Van Huis said barriers to enjoying dishes such as bee larvae yoghurt were psychological - in a blind test carried out by his team, nine out of 10 people preferred meatballs made from roughly half meat and half mealworms to those made from meat.
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I would much rather die obese than eat a bug of any kind. I can't even stand crabs and lobsters, just saying.
and what with the pic of mating bug? will it help fight obesity too? lol