Insect Protein Market Size Worth USD 2,716.76 Million by 2034 | CAGR: 17.0%

Insect Protein Market Size Worth USD 2,716.76 Million by 2034 | CAGR: 17.0%


The global insect protein market size is expected to reach USD 2,716.76 million by 2034, according to a new study by Polaris Market Research. The report “Insect Protein Market Share, Size, Trends, Industry Analysis Report: By Product, Type (Crickets, Mealworms, Black Soldier Flies, Grasshoppers, and Others), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The expansion of applications beyond animal feed is a trend in the insect protein market as it highlights the versatility and sustainability of insect-based products. Initially restricted to animal feed, insect protein is now gaining traction in sectors such as pet food, aquaculture, and even human food. This shift is driven by its high nutritional profile, including essential amino acids, and its lower environmental impact compared to traditional protein sources. For human food products, insect protein is being incorporated into protein bars, snacks, and alternative flours, appealing to health-conscious and eco-aware consumers. The use of insect protein in pet food, particularly for hypoallergenic diets, is also rising, addressing specific dietary needs. This diversification is further supported by increasing regulatory approvals and consumer acceptance, solidifying its role as a sustainable protein alternative across various industries.

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The rising focus on novel product development is an insect protein market trend driven by growing consumer demand for innovative, sustainable, and nutrient-dense food options. Companies are developing unique offerings such as insect-based protein powders, energy bars, pasta, and snacks to cater to diverse dietary preferences, including those of health-conscious and environmentally aware consumers. Additionally, advancements in processing technologies are enabling the production of high-quality insect protein with improved taste, texture, and functionality. This trend is further supported by collaborations between food innovators and insect farming companies to integrate insect protein into mainstream food products.

Insect Protein Market Report Highlights

  • Based on application, the animal feed segment led the insect protein market share in 2024, driven by rising demand for sustainable and nutrient-dense alternatives to traditional feed options.
  • The orthoptera segment, based on product, is anticipated to witness the fastest growth during the forecast period, owing to the increasing recognition of grasshoppers, crickets, and locusts as sustainable, high-protein food sources.
  • Europe dominated the insect protein market revenue share in 2024, supported by favorable regulations and heightened consumer awareness regarding sustainability and health benefits.
  • The North American insect protein market is set to expand, driven by evolving food industry trends that are fostering greater acceptance and utilization of insect protein in diverse products.
  • Ynsect, Protix, AgriProtein, EnviroFlight, Hexafly, Innovafeed, Beta Hatch, Entomo Farms, Entobel, and NextProtein are among the key global market players.

Polaris Market Research has segmented the insect protein market report on the basis of product, type, application, and region.

By Product Outlook (Volume, Metric Tons; Revenue – USD Million, 2020–2034)

  • Coleoptera
  • Lepidoptera
  • Hymenoptera
  • Orthoptera
  • Hemiptera
  • Diptera
  • Others

By Type Outlook (Volume, Metric Tons; Revenue – USD Million, 2020–2034)

  • Crickets
  • Mealworms
  • Black Soldier Flies
  • Grasshoppers
  • Others

By Application Outlook (Volume, Metric Tons; Revenue – USD Million, 2020–2034)

  • Food & Beverages
  • Animal Feed
  • Personal Care & Cosmetics
  • Others

By Regional Outlook (Volume, Metric Tons; Revenue – USD Million, 2020–2034)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Netherlands
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Malaysia
    • South Korea
    • Indonesia
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

Insect Protein Report Scope

Report Attributes

Details

Market Size Value in 2024

USD 568.47 million

Market Size Value in 2025

USD 662.66 million

Revenue Forecast by 2034

USD 2,716.76 million

CAGR

17.0 % from 2025 to 2034

Base Year

2024

Historical Data

2020–2023

Forecast Period

2025–2034

Quantitative Units

Revenue in USD million and CAGR from 2025 to 2034

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends

Segments Covered

  • By Product
  • By Type
  • By Application

Regional Scope

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Competitive Landscape

  • Insect Protein Industry Trends Analysis (2024)
  • Company Profiles/Industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments

Report Format

  • PDF + Excel

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

For Specific Research Requirements

Request for Customized Report