Global Edible Insects Market Projected to Grow at 25.1% CAGR, Reaching $7.39 Billion by 2029

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What Will the Edible Insects Industry Market Size Be by 2025?
In the past few years, the market size for edible insects has seen major expansion. Projected growth anticipates the market to increase from $2.41 billion in 2024 to a staggering $3.01 billion in 2025, showcasing a compound annual growth rate (CAGR) of 25.3%. Factors contributing to this impressive growth during the historic period includes the escalating preference for black soldier fly (BSF) in organic waste valorization, a surge in health-aware consumers, reduced likelihood of zoonotic diseases transmission, a fall in prices for insect-derived products, and the expensive nature of plant-based and animal protein.

What's the Long-Term Growth Forecast for the Edible Insects Market Size Through 2029?
The market for edible insects is projected to experience substantial expansion in the forthcoming years, ballooning to a worth of $7.39 billion in 2029, with a compound annual growth rate (CAGR) of 25.1%. Factors contributing to this growth during the forecast period can be ascribed to heightened curiosity in unique and unknown culinary experiences, broadening of protein intake sources, an escalating readiness of consumers to experiment with food originating from insects, a growing emphasis on insect cultivation and an increase in government initiatives. Key trends within the predicted period consist of the automation of insect farming, the extraction and processing of insect protein, the creation of food products based on insects, the usage of insects for livestock and aquaculture feed, and the valorization of insect waste.

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What Are the Key Growth Drivers Fueling the Edible Insects Market Expansion?
The surge in the demand for high-protein meals is predicted to drive the expansion of the edible insects industry. High-protein foods are described as those which offer a large quantity of protein relative to their calorie value. They include products like meat, eggs, dairy goods, and seafood. Increased health consciousness, dietary trends, and a higher demand for fitness and muscle-building nourishment are factors contributing to the rise in high protein food consumption. Edible insects are integrated into high-protein foods as a sustainable and nutritionally rich alternative to conventional protein sources. They provide superior quality protein while minimizing the environmental implications. As per the Organisation for Economic Co-operation and Development Food and Agriculture, a France-based intergovernmental institution, in July 2024, the global per person protein consumption is forecasted to grow to 79.8 grams per day by 2033, an increase from 76.6 grams documented between 2021 to 2023. Protein consumption in North America is also predicted to rise by 1.5%, translating to 1.9 grams per person per day, attaining a total of 123 grams per person per day by 2033. Thus, the escalating demand for high-protein foods is fuelling the expansion of the edible insects industry.

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What Are the Key Trends Driving Edible Insects Market Growth?
Prominent businesses in the edible insect market are concentrating their efforts on creating novel items, like pet food made from molitor mealworms, in order to build upon sustainability and nutritional advantages. Pet food derived from molitor mealworms uses mealworms as the main ingredient, capitalizing on their high protein content and sustainable attributes. For example, in May 2023, Ÿnsect, a company based in France that specializes in insect-based food products, introduced Sprÿng, a fresh sustainable brand aimed at the pet food industry. Sprÿng brings high-quality, nutrient-rich components obtained from molitor mealworms that are easily incorporable into both dry and wet pet food styles. These components possess a neutral flavor, a light brown shade, and lack any scent, making them the perfect option for pet food producers in search of sustainable alternatives.

How Is the Edible Insects Market Segmented?
The edible insects market covered in this report is segmented -

1) By Insect Type: Crickets, Black Soldier Flies, Mealworms, Buffalo Worms, Grasshoppers, Ants, Silkworms, Cicadas, Other Edible Insects
2) By Application: Food And Beverage, Feed And Pet Food
3) By End Use: Human Consumption, Animal Nutrition

Subsegments:
1) By Crickets: Whole Crickets, Cricket Flour, Cricket Protein Powder, Roasted Or Seasoned Crickets
2) By Black Soldier Flies: Whole Black Soldier Fly Larvae, Black Soldier Fly Protein, Dried Black Soldier Fly Larvae
3) By Mealworms: Whole Mealworms, Mealworm Powder, Freeze-Dried Mealworms, Roasted Mealworms
4) By Buffalo Worms: Whole Buffalo Worms, Buffalo Worm Protein, Dried Buffalo Worms
5) By Grasshoppers: Whole Grasshoppers, Grasshopper Flour, Roasted Grasshoppers
6) By Ants: Whole Ants, Ant Protein Powder, Roasted Ants
7) By Silkworms: Whole Silkworms, Silkworm Larvae, Dried Silkworms
8) By Cicadas: Whole Cicadas, Roasted Cicadas, Cicada Protein Powder
9) By Other Edible Insects: Termites, Locusts, Beetles, Weevils, Dragonflies

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Which Companies Are Leading the Charge in Edible Insects Market Innovation?
Major companies operating in the edible insects market are Ÿnsect (SAS), InnovaFeed SAS, Nutrition Technologies Group, Aspire Food Group, Entobel Holding Pte Ltd, Agriprotein Technologies Inc, Darling Ingredients, Bioflytech S.L., Bugsolutely Inc, Crik Nutrition, Deli Bugs Ltd, Eat Grub Ltd, Entofood Sdn Bhd, Entomo Farms Ltd, Kreca Ento-Food BV, Nordic Insect Economy Ltd, Nutribug Inc, Protenga Pte Ltd., SFly Comgraf SAS, Thailand Unique Inc.

Which Regions Are Leading the Global Edible Insects Market in Revenue?
Asia-Pacific was the largest region in the edible insects market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the edible insects market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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