Press release
Edible Insects Market Size Projected To Reach $7.39 Billion By 2034 With A Cagr Of 25.1%
The Edible Insects Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Edible Insects Market?
The edible insects market has seen significant expansion in recent years. It is projected to increase from $2.41 billion in 2024 to $3.01 billion in 2025, reflecting a compound annual growth rate (CAGR) of 25.3%. This historical growth is attributed to the increasing application of black soldier fly (BSF) in waste management, a rise in health-conscious consumers, minimal zoonotic disease transmission risk, falling costs of insect-based products, and the high expense of both plant-based and animal proteins.
The edible insects market size is projected to witness exponential expansion in the coming years. It is expected to reach $7.39 billion by 2029, growing at a compound annual growth rate (CAGR) of 25.1%. Growth during the forecast period will be driven by increased consumer curiosity for unique and unconventional foods, diversification in protein consumption, rising openness towards insect-based diets, advancements in insect farming, and growing governmental support. Key trends anticipated include automation in insect cultivation, enhanced methods for protein extraction and processing, development of insect-based food products, use of insects in animal feed for aquaculture and livestock, and recycling insect waste for value-added purposes.
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What Are the Different Edible Insects Market Segments?
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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What Are the Primary Drivers Shaping the Edible Insects Market?
The growing demand for protein-rich food is expected to drive the expansion of the edible insects market. Protein-rich foods, such as meat, eggs, dairy products, and seafood, are those that offer a high amount of protein compared to their total calorie content. The demand for such foods is rising due to increased health awareness, choices, and the growing need for nutrition focused on fitness and muscle development. Edible insects provide a sustainable and nutrient-dense alternative to traditional protein sources, offering high-quality protein with a reduced environmental footprint. For example, the Organisation for Economic Co-operation and Development (OECD) projects that global per capita protein intake will rise to 79.8 grams per day by 2033, compared to 76.6 grams between 2021 and 2023. In North America, protein intake is expected to increase by 1.5%, amounting to 123 grams per person per day by 2033. As a result, the increasing demand for protein-rich food is propelling the growth of the edible insects market.
Which Companies Are Leading 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 Are the Major Trends Shaping the Edible Insects Market?
Leading companies in the edible insect industry are concentrating on creating innovative products-such as pet food made from molitor mealworms-to promote sustainability and improve nutritional value. This type of pet food uses mealworms as a primary ingredient due to their rich protein content and environmentally friendly attributes. For example, in May 2023, the French company Ÿnsect introduced Sprÿng, a new sustainable brand aimed at the pet food sector. Sprÿng provides premium, nutrient-rich ingredients sourced from Molitor mealworms that can be easily incorporated into both dry and wet pet food. These ingredients are odorless, light brown in color, and have a neutral flavor, making them an attractive sustainable option for pet food producers.
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What Are the Top Revenue-Generating Geographies 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Edible Insects Market?
2. What is the CAGR expected in the Edible Insects Market?
3. What Are the Key Innovations Transforming the Edible Insects Industry?
4. Which Region Is Leading the Edible Insects Market?
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