What are the latest figures on the edible insects market’s size and projected CAGR?
The edible insects market size has grown exponentially in recent years. It will grow from $2.41 billion in 2024 to $3.01 billion in 2025 at a compound annual growth rate (CAGR) of 25.3%. The growth in the historic period can be attributed to the rising use of BSF for organic waste valorization, an increasing number of health-conscious consumers, low risk of transmitting zoonotic diseases, declining prices of insect-based products, and high cost of plant-based and animal protein.
The edible insects market size is expected to see exponential growth in the next few years. It will grow to $7.39 billion in 2029 at a compound annual growth rate (CAGR) of 25.1%. The growth in the forecast period can be attributed to rising interest in exotic and novel food experiences, diversification of protein sources consumption, increasing willingness of consumers to try insect-based food, increasing importance towards insect farming and rising government initiatives. Major trends in the forecast period include automated insect farming, insect protein extraction and processing, insect-based food product development, insect feed for livestock and aquaculture, and insect waste valorization.
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What are the key drivers behind the rapid expansion of the edible insects market?
The growing demand for protein-rich food is expected to propel the growth of the edible insects market going forward. Protein-rich foods refer to those that contain a high amount of protein relative to their overall calorie content, such as meat, eggs, dairy products, and seafood. Protein-rich food consumption is growing due to increased health awareness, dietary preferences, and the rising demand for fitness and muscle-building nutrition. Edible insects are used in protein-rich foods as a sustainable and nutrient-dense alternative to traditional protein sources, offering high-quality protein with a lower environmental impact. For instance, in July 2024, according to the Organisation for Economic Co-operation and Development Food and Agriculture, a France-based intergovernmental organization, the global per capita protein intake is projected to increase to 79.8 grams per day by 2033, up from 76.6 grams recorded from 2021 to 2023. The protein intake in North America is also anticipated to increase by 1.5%, equivalent to 1.9 grams per person per day, by 2033, reaching a total of 123 grams per person per day. Therefore, the growing demand for protein-rich foods is driving the growth of the edible insects market.
What is the segmentation for the 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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Who are the most influential companies 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 most influential trends expected to drive the edible insects market forward?
Major companies operating in the edible insect market are focused on developing innovative products, such as molitor mealworm-based pet food, to enhance sustainability and nutritional benefits. Molitor mealworm-based pet food refers to pet food products formulated using mealworms as a primary ingredient, leveraging their high protein content and sustainability benefits. For instance, in May 2023, Ÿnsect, a France-based insect-based food product company, launched Sprÿng, a new sustainable brand targeting the pet food market. Sprÿng offers high-quality, nutritious ingredients derived from Molitor mealworms, designed for easy integration into both dry and wet pet food formulations. These ingredients feature a neutral taste, a light brown color, and odorless properties, making them an ideal choice for pet food manufacturers seeking sustainable solutions.
What are the major regional insights for the edible insects market, and which region holds the top position?
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.
What Does The Edible Insects Market Report 2025 Offer?
The edible insects market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Edible insects are insects that are consumed as food by humans. They provide a sustainable source of protein, vitamins, and minerals, and are considered a more environmentally friendly alternative to traditional livestock due to their lower resource requirements and reduced greenhouse gas emissions.
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