What Has Been the Growth of the Edible Insects Market So Far?
The edible insects market has seen considerable growth due to a variety of factors.
• The edible insects market has expanded significantly in recent years. It is projected to rise from $2.41 billion in 2024 to $3.01 billion in 2025, at a compound annual growth rate (CAGR) of 25.3%.
The growth is driven by the increased use of black soldier flies (BSF) for organic waste management, a growing base of health-conscious consumers, lower risk of zoonotic disease transmission, decreasing insect-based product prices, and the high cost of plant and animal proteins.
What Are the Future Growth Projections for the Edible Insects Market?
The edible insects market is expected to maintain its strong growth trajectory in upcoming years.
• The edible insects market is projected to grow exponentially, reaching $7.39 billion by 2029 with a CAGR of 25.1%.
This is driven by increasing interest in exotic foods, diversification of protein sources, growing willingness to try insect-based products, the rise of insect farming, and government support. Key trends include automated insect farming, insect protein extraction, product development, insect feed for livestock and aquaculture, and insect waste valorization.
What Are The Core Factors Supporting Growth In The Edible Insects Market?
The growing demand for protein-rich foods is expected to drive the edible insects market. Protein-rich foods are becoming more popular due to health awareness, fitness trends, and dietary preferences. Edible insects are emerging as a sustainable and nutritious alternative to traditional protein sources. For example, in July 2024, the Organisation for Economic Co-operation and Development forecasted that global per capita protein intake would rise to 79.8 grams per day by 2033. This increasing demand for protein-rich foods is contributing to the growth of the edible insects market.
What Are The Major Segments Within The Global Edible Insects Market?
The edible insects market covered in this report is segmented –
1) By Insect Type: Crickets, Black Soldier Flies, Mealworms, Buffalo Worms, Grasshoppers, Ants, Silkworms, Cicadas, Other Edible Insects
2) By Application: Food And Beverage, Feed And Pet Food
3) By End Use: Human Consumption, Animal Nutrition
Subsegments:
1) By Crickets: Whole Crickets, Cricket Flour, Cricket Protein Powder, Roasted Or Seasoned Crickets
2) By Black Soldier Flies: Whole Black Soldier Fly Larvae, Black Soldier Fly Protein, Dried Black Soldier Fly Larvae
3) By Mealworms: Whole Mealworms, Mealworm Powder, Freeze-Dried Mealworms, Roasted Mealworms
4) By Buffalo Worms: Whole Buffalo Worms, Buffalo Worm Protein, Dried Buffalo Worms
5) By Grasshoppers: Whole Grasshoppers, Grasshopper Flour, Roasted Grasshoppers
6) By Ants: Whole Ants, Ant Protein Powder, Roasted Ants
7) By Silkworms: Whole Silkworms, Silkworm Larvae, Dried Silkworms
8) By Cicadas: Whole Cicadas, Roasted Cicadas, Cicada Protein Powder
9) By Other Edible Insects: Termites, Locusts, Beetles, Weevils, Dragonflies
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How Are New Trends Impacting The Size Of The Edible Insects Market?
Companies in the edible insect market are developing products like molitor mealworm-based pet food to improve sustainability and nutrition. These pet foods use mealworms, which offer high protein content and environmental benefits. In May 2023, French company Ÿnsect launched Sprÿng, a sustainable brand for the pet food market that uses mealworm-derived ingredients with neutral taste and odorless properties, ideal for both dry and wet formulations.
Who Are the Key Players In The Edible Insects Market?
Major companies operating in the edible insects market are:
• Ÿnsect (SAS)
• InnovaFeed SAS
• Nutrition Technologies Group
• Aspire Food Group
• Entobel Holding Pte Ltd
• Agriprotein Technologies Inc
• Darling Ingredients
• Bioflytech S.L.
• Bugsolutely Inc
• Crik Nutrition
• Deli Bugs Ltd
• Eat Grub Ltd
• Entofood Sdn Bhd
• Entomo Farms Ltd
• Kreca Ento-Food BV
• Nordic Insect Economy Ltd
• Nutribug Inc
• Protenga Pte Ltd.
• SFly Comgraf SAS
• Thailand Unique Inc.
What Is The Most Dominant Region In The Edible Insects Market?
Asia-Pacific was the largest region in the edible insects market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the edible insects market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
