Edible Insects Market Report by Type (Beetles, Cricket, Caterpillars, Grasshoppers, Bees, Ants, and Others), Product (Whole Insects, Insect Powder, Insect Meal, Insect Oil), Application (Food and Beverage, Bakery, Pet Food, and Others), and Region 2024-2032

Edible Insects Market Report by Type (Beetles, Cricket, Caterpillars, Grasshoppers, Bees, Ants, and Others), Product (Whole Insects, Insect Powder, Insect Meal, Insect Oil), Application (Food and Beverage, Bakery, Pet Food, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A6050
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Market Overview:

The global edible insects market size reached US$ 1.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.2 Billion by 2032, exhibiting a growth rate (CAGR) of 16.15% during 2024-2032. The emergence of insect-based protein powders and supplements, the increasing investments in insect farming startups and ventures, the rising acceptance of insects as ingredients in processed foods, and the growing product adoption as pet food ingredients are some of the factors propelling the market.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 1.6 Billion
Market Forecast in 2032
US$ 6.2 Billion
Market Growth Rate 2024-2032 16.15%


Edible insects represent specific insect species that are part of human diets due to their rich nutritional content. These insects, which encompass grasshoppers, crickets, ants, termites, bees, beetles, caterpillars, mealworms, and stinkbugs, are valued sources of vitamins, protein, zinc, fiber, iron, omega-3 and omega-6 fatty acids, as well as essential amino acids. They undergo roasting, drying, and powdering, producing high-protein, low-calorie flour. They also play a crucial role in animal feed production. Their notable food conversion efficiency and comparatively lower production costs make them valuable in animal diets. However, the appeal of edible insects extends far beyond their nutritional value. These insects boast environmentally friendly attributes, contributing to reduced greenhouse gas emissions. Additionally, they offer the potential for managing and preventing chronic diseases more effectively. This remarkable combination of nutritional, environmental, and health benefits has led to the integration of edible insects into various sectors. The food and beverage (F&B) industry utilizes them as ingredients to enhance the nutritional and flavor profiles of products. Moreover, the agricultural industry incorporates these insects to enhance crop enrichment with vital nutrients, demonstrating their versatility and potential impact on various facets of human life.

edible insects market

The global market is majorly driven by the increasing population and demand for sustainable protein sources. In line with this, the rising awareness about the product's nutritional value is significantly contributing to the market. Furthermore, the growing interest in alternative protein options is positively influencing the market. Apart from this, the escalating environmental concerns are leading to a search for eco-friendly food sources. Moreover, the exploration of diverse culinary experiences and unique flavors is catalyzing the market. Besides, the increasing incorporation of edible insects in traditional cuisines and the rise of innovative insect-based food products are propelling the market. Additionally, the growing research and development in insect farming techniques is providing a boost to the market. Other factors driving the market include the escalating promotion by sustainability-focused organizations, the expansion of insect farming facilities and technologies, the increasing collaboration between insect farmers and food manufacturers, the shifting consumer preferences towards natural and organic foods, and the rising popularity of insect-based snacks and convenience foods.

Edible Insects Market Trends/Drivers:

Increasing integration of insects in animal feed for livestock and poultry

The increasing integration of insects in animal feed for livestock and poultry is stimulating the market. As traditional protein sources face sustainability challenges and rising demand for meat products strains resources, insects present a viable solution. Insects offer a nutrient-rich alternative protein source that can be efficiently converted into animal feed. Their high feed conversion efficiency and lower environmental impact make them attractive. Incorporating insects into livestock and poultry feed not only enhances the nutritional value of the feed but also contributes to improved animal growth and health. Additionally, the reduced dependence on conventional protein sources such as soy and fish meal eases pressure on ecosystems and mitigates overfishing concerns. This shift towards insect-based animal feed aligns with the growing global focus on sustainable agriculture and responsible resource management, further fueling the market.

Rising awareness campaigns promoting the nutritional benefits of insects

The rise in awareness campaigns highlighting the nutritional benefits of insects is catalyzing the market. These campaigns play a crucial role in reshaping consumer perceptions and shedding light on the impressive nutritional content of edible insects, including their high protein, vitamin, and mineral content. By dispelling misconceptions and fostering understanding, these campaigns are breaking down barriers to insect consumption. As more consumers become informed about the health advantages of incorporating insects into their diets, a shift in dietary habits is occurring. This increased awareness stimulates demand for insect-based products in the food and beverage sector and encourages the exploration of innovative insect-derived ingredients and snacks. Consequently, the edible insect market is expanding as informed consumers seek out these sustainable and nutrient-rich protein sources, transforming awareness into action and propelling the industry forward.

Development of insect-based food safety regulations

The development of insect-based food safety regulations is offering numerous opportunities for the market. As consumer interest in edible insects rises, ensuring the safety and quality of insect-based products becomes paramount. Establishing clear and comprehensive food safety regulations gives consumers the confidence to embrace insect-derived foods. These regulations address concerns regarding insects' cultivation, processing, and consumption, ensuring they meet rigorous safety standards. The development of such regulations assures consumers of the hygienic and nutritional aspects of insect-based products and facilitates their integration into mainstream food supply chains. This, in turn, encourages food manufacturers to invest in insect-based innovations without compromising safety. Robust regulations foster credibility within the industry, attracting more consumers and increasing the development of diverse insect-based food products. The establishment of insect-based food safety regulations bolsters consumer trust and fuels the market by providing a solid foundation for sustainable and safe insect consumption.

Edible Insects Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global edible insects market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type, product and application.

Breakup by Type:

edible insects market

  • Beetles
  • Cricket
  • Caterpillars
  • Grasshoppers
  • Bees
  • Ants
  • Others
     

Beetles dominates the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes beetles, cricket, caterpillars, grasshoppers, bees, ants, and others. According to the report, beetles represented the largest segment.

The market is experiencing significant growth propelled by the increasing interest in sustainable food sources and innovative dietary choices. Beetles and crickets, in particular, have emerged as key drivers of this trend. Beetles, with their high protein content and rich nutrient profile, are gaining traction as a viable protein source. They are being used in various forms, such as ground into powders for protein bars and baked goods, contributing to the diversification of the protein market.

Crickets, on the other hand, are protein-rich and environmentally efficient to farm, requiring less land, water, and feed than traditional livestock. Cricket flour is incorporated into various food products, from snacks to protein supplements, catering to health-conscious consumers seeking alternative protein options.

Breakup by Product:

  • Whole Insects
  • Insect Powder
  • Insect Meal
  • Insect Oil
     

Insect powder dominates the market

The report has provided a detailed breakup and analysis of the market based on the product. This includes whole insects, insect powder, insect meal, and insect oil. According to the report, insect powder represented the largest segment.

The market is undergoing a transformative growth phase, largely propelled by the increasing consumption of whole insects and insect powder. Insect powder, obtained by processing insects into a finely ground form, is another pivotal factor driving market growth. This versatile powder is being incorporated into diverse food products, including energy bars, protein shakes, and baked goods. It addresses consumer preferences for sustainable and protein-rich foods and is easily incorporated into existing food processes.

Whole insects, such as crickets and mealworms, are also gaining popularity as a versatile protein source. They are integrated into culinary creations, offering consumers a novel and sustainable protein option. Whole insects' visual appeal and inherent nutritional benefits contribute to their market traction.

Breakup by Application:

  • Food and Beverage
  • Bakery
  • Pet Food
  • Others
     

Food and beverage dominates the market

The report has provided a detailed breakup and analysis of the market based on application. This includes food and beverage, bakery, pet food, and others. According to the report, food and beverage represented the largest segment.

The edible insects market is experiencing substantial growth, with the food and beverage and bakery sectors playing pivotal roles in this expansion. The food and beverage industry is integrating edible insects into various products, ranging from protein bars and snacks to savory dishes, thereby diversifying protein sources and catering to health-conscious consumers seeking sustainable alternatives. The nutritional value and environmental efficiency of insects align with the industry's emphasis on health and sustainability.

On the contrary, in the bakery sector, edible insects create innovative and nutritious baked goods. Insect flours and powders are finding their way into bread, muffins, and other baked treats, enhancing their nutritional content while reducing the ecological footprint. The bakery industry's focus on novel ingredients and health-driven trends has prompted the exploration of insects as functional ingredients.

Breakup by Region:

edible insects market

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

North America exhibits a clear dominance, accounting for the largest edible insects market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for edible insects.

In North America, changing consumer preferences and increasing awareness of sustainable food sources have fostered a growing acceptance of edible insects. As health-conscious individuals seek alternative protein options, incorporating insects into various food products, such as snacks and energy bars, has increased, this is driving the market expansion.

In the Asia Pacific, cultural traditions and a long history of insect consumption have paved the way for a flourishing market. Edible insects are deeply ingrained in the culinary heritage of numerous Asian countries. As dietary habits evolve, insect-based foods are being modernized and incorporated into contemporary diets. Rapid urbanization and the region's large population provide a significant consumer base, further propelling market growth.

Competitive Landscape:

Top companies are pivotal in driving market growth through their innovative approaches and strategic initiatives. These companies are investing in research and development to create novel insect-based products that cater to evolving consumer preferences for sustainable protein sources. They are actively collaborating with food manufacturers to integrate insects into diverse food products, expanding their market reach. Additionally, these companies are focusing on transparent and ethical sourcing, ensuring the quality and safety of their insect-derived ingredients. They set industry standards and inspire consumer confidence by prioritizing sustainability and environmentally-friendly practices. Their efforts to educate the public about edible insects' nutritional benefits and ecological advantages are also key drivers, gradually shifting perceptions and encouraging wider adoption. Moreover, their participation in industry events, partnerships, and awareness campaigns is helping to normalize insect consumption and establish it as a viable and exciting food choice.

The report has provided a comprehensive analysis of the competitive landscape in the edible insects market. Detailed profiles of all major companies have also been provided.

  • All Things Bugs LLC
  • Bugsolutely Ltd.
  • Chapul LLC
  • DeliBugs
  • Eat Grub Ltd.
  • Entomo Farms
  • EnviroFlight LLC
  • EXO Protein (Aspire Food Group)
  • Fluker's Cricket Farm Inc.
  • Jr Unique Foods Ltd.
  • Nutribug Ltd.
  • Thailand Unique

Recent Developments:

  • In June 2022, All Things Bugs achieved a groundbreaking milestone by securing a US patent for the utilization of insects in sustainable food production, marking a significant industry first.
  • In January 2022, Chapul Farms successfully secured funding of 2.5 million dollars. They partnered with Nexus PMG to expand its operations, focusing on scaling insects as an innovative solution for waste management and climate impact mitigation.
  • In February 2021, Entomo, a Canadian startup specializing in alternative insect protein, successfully concluded a funding round, securing C$ 3.7 million (US$ 2.89 million) from undisclosed investors in Canada and Asia. This funding injection will propel Entomo's efforts to advance the utilization of cricket protein.

Edible Insects Market Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
  • Type
  • Product
  • Application
  • Region
Types Covered Beetles, Cricket, Caterpillars, Grasshoppers, Bees, Ants, Others
Products Covered Whole Insects, Insect Powder, Insect Meal, Insect Oil
Applications Covered Food and Beverage, Bakery, Pet Food, Others
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered All Things Bugs LLC, Bugsolutely Ltd., Chapul LLC, DeliBugs, Eat Grub Ltd., Entomo Farms, EnviroFlight LLC, EXO Protein (Aspire Food Group), Fluker's Cricket Farm Inc., Jr Unique Foods Ltd., Nutribug Ltd., Thailand Unique., etc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the edible insects market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global edible insects market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the edible insects industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Key Questions Answered in This Report

We expect the global edible insects market to exhibit a CAGR of 16.15% during 2024-2032.

The rising consumer awareness towards the numerous environmental and nutritional benefits of consuming edible insects is primarily driving the global edible insects market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of edible insects. 

Based on the type, the global edible insects market can be categorized into beetles, cricket, caterpillars, grasshoppers, bees, ants, and others. Currently, beetles account for the majority of the total market share.

Based on the product, the global edible insects market has been segregated into whole insects, insect powder, insect meal, and insect oil. Among these, insect powder currently holds the largest market share.

Based on the application, the global edible insects market can be bifurcated into food and beverage, bakery, pet food, and others. Currently, food and beverage exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global edible insects market include All Things Bugs LLC, Bugsolutely Ltd., Chapul LLC, DeliBugs, Eat Grub Ltd., Entomo Farms, EnviroFlight LLC, EXO Protein (Aspire Food Group), Fluker's Cricket Farm Inc., Jr Unique Foods Ltd., Nutribug Ltd., and Thailand Unique.

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Edible Insects Market Report by Type (Beetles, Cricket, Caterpillars, Grasshoppers, Bees, Ants, and Others), Product (Whole Insects, Insect Powder, Insect Meal, Insect Oil), Application (Food and Beverage, Bakery, Pet Food, and Others), and Region 2024-2032
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