Edible Insects Market Is Anticipated To Expand From $3.5 Billion In 2024 To $9.6 Billion By 2034

Market Overview

The global Edible Insects Market is rapidly transforming from a niche curiosity to a significant player in the global protein supply chain. Valued at approximately USD 3.5 billion in 2024, the market is forecasted to grow at a robust CAGR of 10.6%, reaching USD 9.6 billion by 2034. This exponential growth is driven by a convergence of factors including rising global food demand, sustainability concerns, and the nutritional superiority of insects. Edible insects are increasingly being recognized not only as survival food but as a mainstream protein source. Crickets, mealworms, grasshoppers, and black soldier flies are now being processed into powders, snacks, bars, and even incorporated into pet foods and livestock feed, reshaping how the world views alternative protein.

Market Dynamics

Several powerful dynamics are fueling the edible insects market. First and foremost is the increasing demand for sustainable protein alternatives. As climate change, water scarcity, and greenhouse gas emissions become pressing global issues, edible insects stand out as a low-impact protein source. Insect farming uses significantly less land, water, and feed than traditional livestock and emits fewer greenhouse gases.

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Nutritionally, insects are rich in high-quality protein, fiber, and essential micronutrients such as iron, zinc, and omega-3 fatty acids, making them appealing to health-conscious consumers. The trend of fitness and clean eating has also fueled the integration of insect-based protein powders into nutritional supplements and functional foods.

Another driving force is the growing acceptance of insect consumption (entomophagy) across western nations, facilitated by increasing awareness, innovative marketing, and novel product formats. Companies are developing snackable forms like cricket chips, protein bars, and cookies, which are more palatable for first-time consumers. Regulatory support, such as approvals from the European Food Safety Authority (EFSA) for certain insect species, is further legitimizing and expanding market opportunities.

However, the market is not without challenges. Cultural resistance remains a significant barrier in many Western countries where entomophagy is still considered taboo. Additionally, concerns about allergenicity, standardization of farming practices, and food safety are areas that need continuous monitoring and development.

Key Players Analysis

The edible insects market features a blend of start-ups and established companies focusing on innovation, quality, and scalability. Leading players include Ÿnsect (France), which specializes in mealworm production and has developed high-tech vertical farms; Entomo Farms (Canada), one of North America’s largest cricket farms producing flours and snacks; and Aspire Food Group (USA), known for its automation in cricket farming and expansion into protein powders and pet food.

Other notable players include Jimini’s (France), which offers a range of flavored edible insects and insect-based snacks, and Bugsolutely (Thailand), which has gained popularity for cricket pasta. Many of these companies are not only focusing on human food but are also expanding into animal feed and aquaculture, opening new verticals for growth. Strategic partnerships, product diversification, and geographic expansion are central strategies being employed to gain a competitive edge.

Regional Analysis

Asia-Pacific currently leads the edible insects market, both in terms of production and consumption. Countries like Thailand, Vietnam, and China have a long-standing tradition of entomophagy, and their mature infrastructure supports large-scale farming and export. The region benefits from favorable climatic conditions, abundant labor, and lower regulatory hurdles.

Europe is emerging as a key growth region, driven by increasing regulatory clarity and consumer interest in sustainable and alternative protein sources. The European Union’s approval of various insect species for human consumption is a milestone that has opened up retail and foodservice opportunities across the continent.

North America is seeing steady growth, with startups and venture capital investments driving innovation and marketing efforts. The United States and Canada are increasingly adopting edible insect products, particularly among environmentally conscious millennials and fitness enthusiasts. Latin America and Africa, regions with rich entomophagy traditions, offer long-term potential, although infrastructure and regulatory alignment need improvement to support market scalability.

Recent News & Developments

Recent years have witnessed a wave of innovations and milestones in the edible insects sector. In 2023, Ÿnsect secured additional funding to expand its vertical farm operations, while Aspire Food Group completed the construction of the world’s largest cricket processing facility in Ontario, Canada.

In Europe, new EFSA approvals for additional insect species like mealworms and locusts have expanded the permissible product categories. Supermarket chains such as Carrefour and Tesco have also begun testing insect-based food products on their shelves, indicating growing mainstream interest.

On the policy front, food safety authorities across regions are working to establish clear frameworks for insect farming, labeling, and allergen information, which will further enhance consumer trust. Furthermore, several countries are now investing in insect-based feed production to reduce reliance on fishmeal and soy, thereby enhancing food system sustainability.

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Scope of the Report

This report provides an in-depth analysis of the global edible insects market, covering key segments, regional trends, technological advancements, and competitive landscape. It sheds light on the economic and environmental benefits of edible insects, examines consumer behavior shifts, and evaluates how regulatory frameworks are shaping market development.

It also explores applications beyond human consumption, such as animal feed, aquaculture, and cosmetics, showcasing the full potential of insects in a circular economy. As consumers and industries alike search for climate-resilient, high-protein solutions, the edible insects market offers a compelling, scalable path forward—one that redefines the future of food.

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