Bait

Bait is an item used in fishing, however it can be eaten to regenerate 1 hunger point. The bonuses of having bait in your inventory when fishing are; The fish will appear sooner, the red dot starts larger gets bigger, and grows faster, less chance the fish will swim away, more likely to catch rare fish. It is obtained by Frog Beasts (drops, gives an assortment of bait), Digging (swamp biome, gives an assortment of bait), Crafting (1 meat, gives 10 bait).

Game Description "Keep some of these in your inventory to speed up fishing and maybe attract a better class of fish."