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Edible Insects Market Driven by High Nutritional Value and Low Environmental Impact

03-19-2025 07:53 AM CET | Food & Beverage

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Edible Insects Market

Edible Insects Market

Edible Insects Market Poised for Rapid Growth, Expected to Reach New Heights by 2030
The Edible Insects Market is gaining significant traction as a sustainable and nutritious alternative protein source. Valued at USD 3.30 billion in 2023, the global market is anticipated to grow at a remarkable CAGR of 19.2% over the forecast period, driven by increasing consumer awareness about eco-friendly food choices and rising demand for protein-rich diets.

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Edible Insects Market Competitive Landscape and High-Demand Regions

Key players in the Edible Insects Market include Ÿnsect, Entomo Farms, Protifarm, Aspire Food Group, and EnviroFlight LLC, among others. These companies are focusing on innovation, expanding production capacities, and strategic partnerships to tap into the growing consumer base. The Asia Pacific and European regions are witnessing the highest demand due to government support for alternative proteins and increasing consumer acceptance.

United States: Growth and Market Consolidation

The U.S. edible insects market is experiencing rapid growth, driven by the rising trend of sustainable protein sources. Companies like Aspire Food Group have been making significant strides, with their world's largest automated cricket protein production facility in Texas becoming operational in 2024. This facility aims to boost the supply of insect-based proteins for food and animal feed industries.

Additionally, investments in food tech startups focusing on insect-based products have surged, with major funding rounds recorded for companies such as Exo Protein and Chirp Chips, expanding their product reach across North America.

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Asia Pacific: Expansion and Opportunities

The Asia Pacific region leads the edible insects market, driven by cultural acceptance and a long history of insect consumption. Countries like Thailand, China, and Vietnam are seeing increased commercial farming of crickets, mealworms, and grasshoppers for protein powders, snacks, and flour alternatives.

In 2024, Thailand-based insect protein company Cricket Lab announced its expansion into Japan and South Korea, securing a $50 million funding round to enhance production capacity and R&D initiatives. Additionally, China has introduced new regulations allowing insect-based foods in supermarkets, further boosting market expansion.

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Europe: Trends and Consumer Adoption

Europe is emerging as a key player in the edible insects market, primarily due to its strong regulatory support and growing consumer preference for sustainable foods. In 2025, the European Food Safety Authority (EFSA) approved several insect-based food products, opening doors for companies like Ÿnsect and Protifarm to expand their market share.

Recent studies indicate that over 40% of European consumers are willing to try insect-based foods, particularly as protein bars, pasta, and snacks. This shift in consumer mindset is paving the way for major supermarket chains in France and the Netherlands to introduce edible insect products.

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Middle East and Africa: Emerging Market Trends

While still in its early stages, the Middle East and Africa are witnessing growing interest in insect-based nutrition, particularly in regions facing food security challenges. Governments are investing in alternative protein sources, with the United Arab Emirates (UAE) launching research programs on insect farming to address protein sustainability.

In 2024, South African startup Gourmet Grubb introduced its EntoMilk product, a dairy alternative derived from insects, gaining traction among eco-conscious consumers. Additionally, several African nations are exploring cricket farming as a cost-effective solution to malnutrition and protein deficiency.

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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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