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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Insect Protein Market Size

The global insect protein market reached approximately USD 1.01 billion in 2024. The market is projected to grow at a CAGR of 16% between 2025 and 2034, reaching a value of around USD 4.09 billion by 2034.

Global Insect Protein Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 1.01
Market Size 2034 USD Billion 4.09
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 16.0%
CAGR 2025-2034 - Market by Region Europe 17.3%
CAGR 2025-2034 - Market by Country Brazil 16.7%
CAGR 2025-2034 - Market by Country France 15.8%
CAGR 2025-2034 - Market by Insect Type Crickets 18.2%
CAGR 2025-2034 - Market by Distribution Channel Online 16.7%
Market Share by Country 2023 Germany 4.7%

Insect Protein Market Outlook

  • As per the industry reports, the global demand for protein is expected to rise by around 60 per cent by 2050, which fuels the demand for insect farming.
  • Insect farming utilises around 50 to 90 per cent less land compared to livestock rearing and that land can be used for food cultivation.
  • The manufacturing site of Ÿnsect, based in Dole, eastern France, is the largest vertical insect farm in the world with a capacity of around 3 trillion mealworm beetles, utilised as a protein source and fertiliser.

Insect Protein Market Growth

Rising consumption of insects, demand for alternative sources of protein, and the rich nutritional content of insects are some of the prominent market drivers. Insects have become an essential part of food intake in the world as around 2 billion people in the world consume insects in their meals.

Moreover, several companies are investing in insect farming as unlike livestock, insects can be raised on food waste and with the implementation of renewable energy sources in the production process, the carbon footprint of insect farming can be significantly lower than landfill.

Market players are harnessing advanced technologies to enhance their production capacity. For instance, Full Circle Biotechnology is leveraging AI to study the historical and present-day data on insect farming to boost the trial-and-error process and optimise the production capacity for maximum output.

Insect Protein Industry Segmentation

“Insect Protein Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Insect Type

  • Crickets
  • Black Soldier Flies
  • Mealworms
  • Grasshoppers
  • Ants
  • Others

Market Breakup by Application

  • Food and Beverages
  • Animal Nutrition
  • Pharmaceutical and Supplements
  • Personal Care and Cosmetics

Market Breakup by Distribution Channel

  • Offline
  • Online

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2025-2034 - Market by Country
Brazil 16.7%
France 15.8%
China 15.8%
Italy 14.1%
Australia 11.2%
USA XX%
Canada XX%
UK XX%
Germany XX%
Japan XX%
India XX%
Saudi Arabia XX%
Mexico XX%

Insect Protein Market Share

Based on region, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Europe accounts for a substantial market share owing to the high consumption of insect-based food products among the old-age population, the utilisation of insect-based protein in nutritional supplements, and its rising implementation in animal feed.

Leading Companies in the Insect Protein Market

The market players are enhancing their production capacity to gain a competitive edge in the market.

  • Innovafeed SAS
  • Darling Ingredients Inc.
  • Hexafly
  • Protix B.V.
  • Aspire Food Group
  • Chapul, LLC
  • NTG Holdings Pte. Ltd.
  • Entomo Farms
  • Goterra
  • NEXT Proteins, Inc.
  • Others

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Insect Type
  • Application
  • Distribution Channel
  • Region
Breakup by Insect Type
  • Crickets
  • Black Soldier Flies
  • Mealworms
  • Grasshoppers
  • Ants
  • Others
Breakup by Application
  • Food and Beverages
  • Animal Nutrition
  • Pharmaceutical and Supplements
  • Personal Care and Cosmetics
Breakup by Distribution Channel
  • Offline
  • Online
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Innovafeed SAS
  • Darling Ingredients Inc.
  • Hexafly
  • Protix B.V.
  • Aspire Food Group
  • Chapul, LLC
  • NTG Holdings Pte. Ltd.
  • Entomo Farms
  • Goterra
  • NEXT Proteins, Inc.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 1.01 billion.

The market is estimated to grow at a CAGR of 16% between 2025 and 2034.

The market is estimated to witness a healthy growth during 2025-2034 to reach around USD 4.09 billion by 2034.

The market is being driven due to rising consumption of insects, demand for alternative sources of protein, and the rich nutritional content of insects.

The key trends aiding the market include the rising trend of sustainability, growing availability in retail stores, and technological advancements in the production process.

Regions considered in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Based on application, market segmentations include food and beverages, animal nutrition, pharmaceutical and supplements, and personal care and cosmetics, among others.

Different distribution channels are offline and online.

The major players in the market are Innovafeed SAS, Darling Ingredients Inc., Hexafly, Protix B.V., Aspire Food Group, Chapul, LLC, NTG Holdings Pte. Ltd., Entomo Farms, Goterra, and NEXT Proteins, Inc., among others.

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