Insect Protein Market size was valued at USD 1.3 Billion in 2024 and is projected to reach USD 8.1 Billion by 2033, exhibiting a CAGR of 24.8% from 2026 to 2033.
The global insect protein market was valued at approximately USD 162 million in 2022 and is projected to grow at a CAGR of 24.5% from 2023 to 2030. This growth can be attributed to the increasing demand for sustainable protein sources, driven by the need to feed the growing global population while addressing environmental concerns. The market is also fueled by the rising popularity of insect protein as a high quality, nutrient dense alternative to traditional animal based proteins. North America and Europe are leading regions in terms of market share, owing to the higher adoption of alternative proteins, coupled with strong research and development efforts to innovate insect protein based food products. Additionally, the Asia Pacific region is witnessing rapid growth due to the increasing awareness and acceptance of insect consumption for both animal feed and human nutrition, alongside the region’s rich history of entomophagy. The market is expected to experience substantial growth, particularly in regions where food security and environmental sustainability are major concerns.
Regional growth trends indicate that Europe held the largest share of the insect protein market in 2022, contributing to more than 35% of the global market. This is due to the regions strong regulatory framework supporting insect based food products and animal feed. Asia Pacific, however, is expected to witness the fastest growth during the forecast period, with a projected CAGR of 28.1%. The demand in this region is being driven by both government initiatives and increasing consumer interest in sustainable food sources. Latin America and the Middle East & Africa are also showing potential for significant growth, with an expanding market for insect protein products used in animal feed and pet food. These regions present numerous opportunities for market players to expand their product offerings, particularly with the rising awareness of insect protein’s environmental benefits.
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Proti-Farm
Entomo Farms
JR Unique Foods
Nordic Insect Economy
Enviro Flight
Aspire Food Group
Crik Nutrition
Agriprotein Technologies
Bugsolutely
Kric8
Hargol Food Tech
Griopro
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Insect Protein Market
Food and Nutrition
Animal Feed
Other Uses
Crickets
Mealworms
Black Soldier Fly
Grasshoppers
Ants
Whole Insects
Protein Powder
Protein Bars
Flour
Extracts
Online Retail
Offline Retail
Health-Conscious Consumers
Fitness Enthusiasts
Vegan and Vegetarian Consumers
Pet Owners
Eco-Friendly Consumers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Insect Protein Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Insect Protein Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Insect Protein Market, By Type
6. Global Insect Protein Market, By Application
7. Global Insect Protein Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Insect Protein Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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