Book inspired parties are always a great idea - especially for the little ones before they have a strong interest in any one theme. Very Hungry Caterpillar is such a great example of this! Here are a few ideas to help Frost your Hungry Caterpillar theme! And don't forget about this older (but still fresh!) Hungry Caterpillar frosting (here)
LOVE LOVE this setup! I love when people use up vertical space and not just with a fabric background! So cute! Source
Make signs that represent the parts throughout the book... Source
These are adorable favor bags! Look closely... pom pom caterpillars with a little hole "eaten" - so genius! Source found via funfavorsbydulce blog
Top cupcakes with fruit shapes with a bitten "hole"... if you are scared of fondant - try fruit rollups/fruit bars with mini cookie cutters! Source