Edible Insects Market Size (USD 826.7 M) by 2032 By Types (Whole Insects, Insect Powder, Insect Meal, Others), By Applications Covered (Human Consumption, Animal Nutrition) and Regional Forecast to 2032

Edible Insects Market Size

The Edible Insects Market was valued at USD 152.4 million in 2023 and is expected to reach USD 183.9 million in 2024, with projections indicating it will grow to USD 826.7 million by 2032, reflecting a compound annual growth rate (CAGR) of 20.66% over the forecast period from 2024 to 2032.

The U.S. edible insects market is rapidly growing, driven by increasing consumer awareness of sustainable food sources and the demand for alternative proteins. Regulatory support and innovations in insect-based products are fueling market expansion.

Edible Insects Market Growth and Future Outlook

The edible insects market is gaining significant attention due to its potential to address global food security issues and provide sustainable, high-protein alternatives to conventional livestock. As the global population rises, demand for protein sources is increasing, putting pressure on traditional food systems. Edible insects, such as crickets, mealworms, grasshoppers, and silkworms, offer an efficient and environmentally friendly solution. They require significantly less land, water, and feed compared to cattle, pigs, and poultry, making them a sustainable choice for the future. Additionally, insects emit fewer greenhouse gases and contribute less to environmental degradation, aligning with the growing trend toward sustainable food production.

The edible insects market is expected to grow rapidly over the next decade, driven by rising awareness of environmental concerns, the need for alternative protein sources, and supportive government policies. Various sectors, including food and beverage, animal feed, and cosmetics, are exploring the benefits of incorporating edible insects into their products. In the food industry, edible insects are used in protein bars, snacks, and as ingredients in protein powders. Additionally, insect-based feed for animals is gaining traction, especially in the aquaculture sector, where insect protein has been found to be a suitable substitute for fishmeal.

Market players are increasingly investing in research and development to improve the quality and scalability of insect farming. Technological advancements, such as automated insect farming systems and innovative processing techniques, are enabling the mass production of edible insects. This progress is essential for meeting the growing demand and ensuring consistent supply. Several startups and established companies are also launching insect-based products aimed at health-conscious consumers, further driving market growth.

The future outlook of the edible insects market looks promising, with increasing consumer acceptance and the expansion of product offerings. Regions like Europe and North America are experiencing a surge in interest due to changes in regulations that allow for the commercialization of edible insects. In addition, the Asia-Pacific region, which has a long history of insect consumption, continues to be a significant market. The edible insects market is poised to become a multi-billion-dollar industry in the coming years, providing innovative solutions to some of the world’s most pressing challenges, including food security, sustainability, and climate change.

Edible Insects Market Trends

The edible insects market is driven by several key trends that are shaping its development. One of the most prominent trends is the growing demand for alternative protein sources due to rising environmental concerns. As consumers become more aware of the environmental impact of livestock farming, they are seeking sustainable alternatives like edible insects. This shift is particularly evident among younger generations, who are more inclined to adopt eco-friendly food choices.

Another trend is the increasing use of edible insects in pet food and animal feed. Insects like black soldier fly larvae are rich in protein and have become popular ingredients in pet food, offering a sustainable alternative to traditional protein sources. Additionally, the trend of incorporating insects into human food products, such as protein bars, cookies, and snacks, continues to grow, with companies focusing on creating palatable, nutritious options for consumers.

Market Dynamics

The market dynamics of the edible insects industry are influenced by a range of factors, including consumer perception, regulatory developments, and technological innovations. The growing awareness of the environmental benefits of edible insects is a major driver, as consumers seek sustainable food options. Additionally, the nutritional benefits of insects, such as their high protein content and rich nutrient profile, are attracting health-conscious individuals.

However, market dynamics are also shaped by challenges such as cultural resistance to insect consumption, particularly in Western countries. While insect consumption is widely accepted in parts of Asia and Africa, it remains a novel and sometimes unappealing concept in Europe and North America. Overcoming this cultural barrier is crucial for the widespread adoption of edible insects.

Drivers of Market Growth

The edible insects market is primarily driven by the need for sustainable and alternative protein sources. As the global population continues to grow, the demand for protein is increasing, putting a strain on traditional livestock farming, which is resource-intensive and contributes significantly to environmental degradation. Edible insects offer a highly efficient alternative, requiring far less land, water, and feed compared to traditional livestock. This makes them an attractive option for addressing global food security challenges while reducing the environmental impact of food production.

In addition, the growing awareness of the nutritional benefits of edible insects is contributing to market growth. Insects are rich in protein, vitamins, minerals, and healthy fats, making them a nutrient-dense food source. As consumers become more health-conscious, they are seeking out high-protein, low-fat options, and edible insects fit this profile perfectly. The rise of fitness and wellness trends is also boosting the demand for insect-based protein powders and supplements.

Market Restraints

Despite its potential, the edible insects market faces several significant restraints. One of the primary challenges is consumer resistance to the idea of eating insects, particularly in Western markets. Cultural perceptions play a crucial role in determining food choices, and the consumption of insects is still viewed with skepticism and distaste by many consumers in regions like Europe and North America. Changing these ingrained attitudes will require extensive education and marketing efforts to highlight the environmental and nutritional benefits of edible insects.

Regulatory barriers also pose a challenge to market growth. While some countries have updated their regulations to allow for the commercialization of edible insects, others have yet to establish clear guidelines. This creates uncertainty for companies looking to enter the market, as they must navigate complex regulatory landscapes that vary from one region to another.

Market Opportunities

The edible insects market offers numerous opportunities for growth, particularly in the food and beverage, animal feed, and cosmetics sectors. As consumer demand for sustainable products continues to rise, companies have the opportunity to develop innovative insect-based products that appeal to health-conscious and environmentally aware consumers. The development of insect-based snacks, protein powders, and pet food presents significant opportunities for market expansion.

Moreover, the growing acceptance of insects as a protein source in Western markets, driven by media coverage and endorsements from sustainability advocates, presents a major opportunity. Companies can leverage this trend by developing products that are not only nutritious but also delicious and easy to incorporate into everyday diets. Furthermore, advancements in insect farming technologies, such as automated farming systems, are opening up opportunities for scaling production and reducing costs.

Market Challenges

One of the key challenges facing the edible insects market is the scalability of insect farming. While insect farming is resource-efficient compared to traditional livestock farming, scaling production to meet the growing demand poses challenges. Insect farms must invest in advanced technologies to ensure consistent production, quality control, and food safety standards. Additionally, maintaining high levels of hygiene and minimizing the risk of contamination is crucial in ensuring consumer trust.

Another challenge is the regulatory environment. While some regions have embraced the commercialization of edible insects, others lag behind in establishing clear regulations. This creates uncertainty for businesses and can hinder market growth. Companies must navigate these regulatory complexities and work with governments to develop standards that ensure the safety and sustainability of insect-based products.

Segmentation Analysis

The edible insects market can be segmented based on type, application, and distribution channel. Each segment plays a crucial role in shaping the overall market dynamics and growth trajectory.

Segment by Type

The edible insects market can be segmented by type into crickets, grasshoppers, mealworms, silkworms, and others. Crickets are one of the most popular insect types in the market, widely used in protein bars, powders, and snacks. Their high protein content and mild flavor make them an appealing option for consumers looking to incorporate insect protein into their diets. Mealworms are another widely consumed insect, particularly in the animal feed industry, where they serve as a sustainable protein source for livestock and pets.

Segment by Application

In terms of application, the edible insects market can be segmented into food and beverage, animal feed, and cosmetics. In the food and beverage sector, edible insects are being used to create high-protein snacks, supplements, and protein powders. The animal feed sector is also seeing increased demand for insect-based feed, particularly in aquaculture, where insect protein is being used as a substitute for fishmeal. The cosmetics industry is exploring the use of insect-derived ingredients in skincare products due to their antioxidant and moisturizing properties.

By Distribution Channel

The edible insects market is distributed through various channels, including online retail, specialty stores, and supermarkets. Online retail platforms have become a popular distribution channel, offering consumers a convenient way to purchase insect-based products. Specialty stores focused on health and sustainability are also key players in the market, offering a curated selection of edible insect products. Supermarkets are gradually beginning to stock insect-based products as consumer demand grows, particularly in regions where regulatory barriers have been relaxed.

Edible Insects Market Regional Outlook

The edible insects market is witnessing growth across various regions, driven by factors such as increasing consumer awareness, sustainability concerns, and government support. Each region presents unique opportunities and challenges that shape the overall development of the market. While regions such as North America and Europe are still in the early stages of adoption, the Asia-Pacific region is leading the market due to its long history of insect consumption. The Middle East & Africa region is also emerging as a potential growth area, supported by an increasing focus on sustainable protein sources. The regional outlook offers insights into how each market is developing and the factors contributing to its growth.

North America

North America is a growing market for edible insects, driven primarily by increasing awareness of environmental sustainability and the need for alternative protein sources. The United States and Canada are witnessing a rise in consumer interest, especially among health-conscious individuals and sustainability advocates. Insect-based snacks, protein powders, and supplements are gaining traction, with more companies entering the market. Regulatory developments are also facilitating the growth of the market, with the FDA approving certain edible insects for human consumption. The region is expected to see continued growth as consumer acceptance increases and companies invest in product innovation.

Europe

Europe is another promising region for the edible insects market, with countries like the Netherlands, France, and Belgium leading the way. The European Union has recently updated its regulations to allow for the commercialization of certain edible insects, which has opened up opportunities for companies to launch new products. Insects are being incorporated into food products such as protein bars, snacks, and pasta, appealing to eco-conscious consumers. The growing focus on sustainability and reducing the environmental impact of food production is driving the demand for edible insects in Europe. Additionally, the region is witnessing increasing investment in insect farming technology and research.

Asia-Pacific

Asia-Pacific is the largest and most established market for edible insects, as many countries in this region have a long history of insect consumption. Countries like Thailand, China, and Japan are major markets for edible insects, where insects are consumed both as a delicacy and a protein-rich food source. The region is also home to numerous insect farms and processing facilities, making it a key player in the global market. With a strong cultural acceptance and growing demand for sustainable food options, the Asia-Pacific region is expected to continue leading the edible insects market in the coming years.

Middle East & Africa

The Middle East & Africa region is emerging as a potential growth area for the edible insects market. While insect consumption is not as widespread as in Asia, there is growing interest in sustainable protein sources, particularly in regions where food security is a concern. Countries in sub-Saharan Africa, in particular, are exploring the use of edible insects to address food scarcity and malnutrition. Additionally, the region is seeing increasing investment in insect farming, particularly for use in animal feed. The potential for growth in the Middle East & Africa is significant, as the region focuses on addressing food security challenges through sustainable solutions.

List of Key Edible Insects Companies Profiled

• Aspire Food Group (Exo) – Headquarters: Austin, Texas, USA – Revenue: $10 million (2023)
• EnviroFlight – Headquarters: Maysville, Kentucky, USA – Revenue: $8 million (2023)
• Entomo Farms – Headquarters: Ontario, Canada – Revenue: $5 million (2023)
• Don Bugito – Headquarters: San Francisco, California, USA – Revenue: $3 million (2023)
• Six Foods – Headquarters: Boston, Massachusetts, USA – Revenue: $2.5 million (2023)
• Bitty Foods – Headquarters: San Francisco, California, USA – Revenue: $2 million (2023)
• Enterra Feed – Headquarters: Langley, British Columbia, Canada – Revenue: $7 million (2023)
• Chapul – Headquarters: Salt Lake City, Utah, USA – Revenue: $4 million (2023)
• All Things Bugs – Headquarters: Oklahoma, USA – Revenue: $1.5 million (2023)

Covid-19 Impacting Edible Insects Market

The COVID-19 pandemic has had a mixed impact on the edible insects market. On one hand, the pandemic disrupted global supply chains, leading to challenges in the production and distribution of insect-based products. Insect farming operations faced logistical challenges, including labor shortages, transportation issues, and delays in raw material procurement. These disruptions led to temporary declines in production capacity and affected the availability of insect-based products in the market. Additionally, some consumers were hesitant to try new food products during the pandemic, leading to a slower adoption rate in certain regions.

On the other hand, the pandemic also accelerated the demand for sustainable and alternative protein sources, as the global food supply chain faced unprecedented challenges. Consumers became more aware of the vulnerabilities in traditional food systems, leading to increased interest in edible insects as a resilient and sustainable source of protein. The environmental benefits of insect farming, such as lower resource requirements and reduced greenhouse gas emissions, gained attention during the pandemic, further driving demand for insect-based products.

Moreover, the pandemic led to an increased focus on health and wellness, with consumers seeking nutrient-dense, high-protein foods to boost their immunity and overall health. Edible insects, which are rich in protein, vitamins, and minerals, became more appealing to health-conscious consumers. This shift in consumer behavior created opportunities for companies to market their insect-based products as both nutritious and sustainable, leading to a rise in online sales and e-commerce platforms for edible insect products.

Overall, while the edible insects market experienced short-term disruptions due to the pandemic, the long-term outlook remains positive, with increasing consumer acceptance and growing demand for sustainable food options. The pandemic highlighted the need for more resilient and sustainable food systems, and edible insects are well-positioned to play a key role in meeting this demand.

Investment Analysis and Opportunities

The edible insects market offers significant investment opportunities, particularly in the areas of insect farming, product development, and technology innovation. As the demand for sustainable and alternative protein sources continues to grow, investors are increasingly looking at insect farming as a viable solution to global food security challenges. Insect farming requires fewer resources than traditional livestock farming, making it an attractive option for investors seeking to support environmentally sustainable ventures.

One of the key areas of investment is in the development of automated insect farming systems. These systems use advanced technologies such as AI, robotics, and IoT to optimize the farming process, reduce labor costs, and increase production efficiency. Companies that invest in these technologies are well-positioned to scale their operations and meet the growing demand for insect-based products.

Another area of opportunity lies in the development of new insect-based food products. As consumer interest in edible insects grows, there is increasing demand for innovative and palatable products. Companies that can create insect-based snacks, protein powders, and supplements that appeal to a broad consumer base are likely to see strong market growth. Investment in research and development to improve the taste, texture, and nutritional profile of insect-based products will be crucial in driving consumer adoption.

Additionally, the animal feed sector presents a significant investment opportunity. Insect-based feed is gaining traction as a sustainable alternative to traditional feed sources such as soy and fishmeal. The aquaculture industry, in particular, is exploring the use of insect protein to reduce its reliance on fishmeal, which is becoming increasingly scarce and expensive. Companies that invest in the production of insect-based feed are well-positioned to capitalize on this growing market.

5 Recent Developments

• Launch of new insect-based protein bars by Aspire Food Group in 2023, targeting health-conscious consumers.
• Expansion of Entomo Farms into the European market, with the opening of a new insect farming facility in 2023.
• Collaboration between EnviroFlight and major pet food companies to incorporate insect protein into pet food products, announced in 2023.
• Introduction of insect-based protein powders by Six Foods, aimed at fitness enthusiasts and athletes, launched in 2023.
• Regulatory approval in the EU for the commercialization of mealworms as a food ingredient, paving the way for market growth in Europe.

Report Coverage of Edible Insects Market

The report on the edible insects market provides comprehensive coverage of key aspects of the industry, including market size, growth drivers, restraints, and opportunities. It includes detailed segmentation analysis by type, application, and distribution channel, as well as regional insights. The report also covers competitive landscape analysis, profiling key players in the market and providing insights into their business strategies, revenue, and market positioning.

In addition to market dynamics, the report examines the impact of regulatory developments on the edible insects market, with a focus on regions such as Europe, North America, and Asia-Pacific. The report also provides investment analysis, highlighting key areas of opportunity for investors and companies looking to enter the market.

New Products

The edible insects market is witnessing the launch of several new products aimed at both human consumption and animal feed. Companies are focusing on creating innovative and palatable products to appeal to a wider consumer base. Recent product launches include insect-based protein bars, snacks, and protein powders targeted at health-conscious individuals. These products are designed to provide a sustainable, high-protein alternative to traditional snacks and supplements.

In the animal feed sector, new insect-based feed products are being introduced, particularly for use in aquaculture and pet food. Black soldier fly larvae, in particular, are gaining popularity as a protein-rich feed ingredient. Companies are also exploring the use of insect-derived ingredients in cosmetics and skincare products, offering antioxidant and moisturizing benefits.

Report Scope

The report on the edible insects market covers a wide range of topics, including market size, growth drivers, restraints, and opportunities. It provides a detailed segmentation analysis by type, application, and distribution channel, offering insights into the key factors driving growth in each segment. The report also includes a regional outlook, examining the market dynamics in North America, Europe, Asia-Pacific, and the Middle East & Africa.

In addition to market analysis, the report profiles key companies operating in the edible insects market, providing insights into their business strategies, revenue, and market positioning. The report also examines the impact of regulatory developments on the market, highlighting the regions where edible insects are gaining traction. Furthermore, the report includes investment analysis, identifying key opportunities for investors and companies looking to enter the market.