Insect Protein Market Growing Demand and Rising Trends till 2032

 The latest report by IMARC Group, titled “ Insect Protein Market Report by Source (Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera, Diptera, and Others), Distribution Channel (Offline, Online), Application (Animal Nutrition, Food and Beverages, Pharmaceutical and Supplements, Personal Care and Cosmetics), and Region 2024-2032, offers a comprehensive analysis of the industry, which comprises insights on the global insect protein market trends. The global market size reached US$ 979.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 4,902.4 Million by 2032, exhibiting a growth rate (CAGR) of 19.6% during 2024-2032.

Industry Trends and Drivers: 

• Rising Demand for Sustainable Protein Sources:

One of the key trends driving the insect protein market is the increasing demand for sustainable protein sources. As the global population continues to grow, there is a rising need for alternative protein options that can meet the demands of food production without depleting natural resources. Insect protein offers an eco-friendly solution, as insects require significantly less land, water, and feed compared to traditional livestock. Additionally, insect farming produces fewer greenhouse gases, making it an environmentally sustainable alternative. The growing awareness about climate change and its impact on food security has prompted consumers, particularly in developed markets, to seek out sustainable food choices, driving interest in insect protein. Companies are increasingly marketing insect-based products as both nutritionally rich and environmentally friendly, aligning with the consumer shift toward eco-conscious and ethical consumption. As a result, insect protein is finding its way into various applications, from human food to animal feed and pet products, offering a versatile and scalable solution to global protein needs. This trend is expected to continue as sustainability becomes a central focus of food production strategies worldwide.

• Increasing Use of Insect Protein in Animal Feed:

The use of insect protein in animal feed is another significant trend in the insect protein market. With the livestock and aquaculture industries under pressure to find alternative, cost-effective protein sources, insect protein has emerged as a promising solution. Insects like black soldier flies and mealworms provide high-quality protein and essential nutrients, making them ideal feed ingredients for poultry, fish, and livestock. In particular, the aquaculture industry has shown strong interest in insect protein, as it addresses the sustainability concerns associated with overfishing and the environmental impact of traditional fishmeal. Insect protein is also gaining traction in pet food, where it is marketed as a novel and sustainable ingredient that meets the nutritional needs of dogs and cats. The regulatory environment is becoming more supportive, with countries such as the United States and the European Union approving insect protein for use in animal feed, further accelerating this trend. As global demand for meat, dairy, and fish products continues to grow, the role of insect protein in animal feed is expected to expand, contributing to the overall growth of the insect protein market.

• Innovation in Insect-Based Food Products for Human Consumption:

The development of innovative insect-based food products for human consumption is another major trend in the insect protein market. As consumers become more open to alternative protein sources, companies are exploring various ways to incorporate insect protein into familiar food products, making it more accessible and appealing to a wider audience. Insect protein is being used in protein bars, snacks, pasta, and even baked goods, offering consumers a nutritious and protein-packed alternative to traditional animal-based products. Startups and established food companies alike are investing in research and development to create insect-based foods that meet the nutritional needs of consumers and align with their taste preferences. The high protein content, vitamins, and minerals found in insects make them a valuable ingredient in health-conscious food products, particularly for consumers seeking to increase their protein intake without relying on meat. Additionally, insect-based foods are being marketed as allergen-free, gluten-free, and suitable for specific diets, such as paleo or keto, further broadening their appeal. As consumer acceptance of insects as a food source grows, the market for insect-based human food products is expected to expand, driving innovation in this segment.

Top Insect Protein Market Leaders:

•  Aspire Food Group
• Chapul LLC
• Entomo Farms
• EnviroFlight LLC (Darling Ingredients)
• Goterra, Hexafly
• InnovaFeed SA
• Jimini's, nextProtein
• Protenga
• Protix B.V.

Request Sample PDF Report:https://www.imarcgroup.com/insect-protein-market/requestsample

Report Segmentation:

The report has segmented the market into the following categories:

Source Insights:

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

Based on the source, the market has been segmented into coleoptera, lepidoptera, hymenoptera, orthoptera, hemiptera, diptera, and others.

Distribution Channel Insights:

• Offline
• Online

Offline dominates the market as most insect protein products are still sold through traditional retail outlets and specialty stores, where customers can learn more about these relatively new products.

Application Insights:

• Animal Nutrition 
  • Aqua Feed
  • Poultry Feed
  • Others
• Food and Beverages
• Pharmaceutical and Supplements
• Personal Care and Cosmetics

Animal nutrition exhibits a clear dominance due to the growing demand for sustainable and high-quality protein sources in livestock and aquaculture feed.

Market Breakup by Region:

• 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

Europe holds the leading position owing to a large market for insect protein driven by the strong regulatory support, consumer awareness, and demand for sustainable food solutions in the region.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us.

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145