Insect based Protein Market Report 2025 (Global Edition)

Global Insect based Protein Market Report 2025 Market Size Split by Type Outlook: (Crickets, Black Soldier Flies, Mealworms, Grasshoppers), by Application Outlook: (Food & Beverages, Animal Nutrition,...

Insect based Protein Market Report Description

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Competitive Landscape of the Insect-based Protein Market

In the Insect-based Protein Market's competitive landscape, numerous key competitors are driving innovation and growth. These companies specialize in creating protein products derived from insects such as crickets, black soldier flies, and mealworms that are both nutritious and environmentally sustainable. Market rivalry is encouraging technological and processing innovations to develop insect-based protein solutions that fulfill both consumer demands and sustainability goals, keeping the market dynamic and competitive.

In October 2024, The International Finance Corporation (IFC) announced a USD 2 million loan to ProNuvo, a Costa Rica-based startup focused on sustainable insect protein production. This investment aims to enhance the circular economy and reduce greenhouse gas (GHG) emissions associated with animal feed.

(Source:https://www.ifu.dk/en/news/new-investment-supports-sustainable-insect-based-protein/)

In August 2024, The National Alternative Protein Innovation Centre (NAPIC) launched with a significant investment of 19 million from the UK Research and Innovation (UKRI), specifically through the Biotechnology and Biological Sciences Research Council (BBSRC) and Innovate UK. This initiative aims to enhance the alternative proteins sector in the UK, focusing on sustainable and nutritious food sources such as cultured meat, insect-based proteins, and fermentation-derived proteins.

(Source:https://www.ukri.org/news/national-alternative-protein-innovation-centre-launches/)

In October 2023, Tyson Foods, Inc. has announced a strategic two-fold investment in Protix, a leading global insect ingredients company, aimed at advancing the insect ingredient industry. This partnership is designed to enhance the production of sustainable proteins and lipids for various applications in the global food system.

(Source:https://www.tysonfoods.com/news/news-releases/2023/10/tyson-foods-announces-partnership-protix-more-sustainable-protein)

Top Companies Market Share in Insect based Protein Industry: (In no particular order of Rank)

• EnviroFlight
• InnovaFeed
• HEXAFLY
• Protix
• Global Bugs
• Entomo Farms
• Ynsect
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Insect-based Protein Market

Which Region Dominates the Insect-based Protein Market in 2024?

According to Cognitive Market Research, North America currently dominates the Insect-based Proteins market, and the region is expected to have significant growth during the projected period. The region's dominance is driven by rising demand for sustainable protein alternatives, growing consumer awareness of environmental issues, and advancements in insect farming and processing technologies. Increasing applications in food, animal feed, and pet food further support this growth. North America's focus on sustainability and innovation positions it as a key player in the insect-based protein market.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). This growth is driven by increasing demand for alternative protein sources, rising awareness about sustainability, and growing investments in insect farming technologies. The region's large population and rising consumption of protein-rich foods, along with a shift toward more eco-friendly options, are key factors contributing to the strong market expansion in Asia-Pacific.

The current report Scope analyzes Insect based Protein Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Insect based Protein

According to Cognitive Market Research, the global Insect-based Protein market size was estimated at USD 815.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 326.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Insect-based Protein market with a market size of USD 257.37 million in 2024 and is projected to grow at a CAGR of 32.2% during the forecast period. The U.S. market's rising popularity of eco-friendly and sustainable food options.
• The Canada Insect-based Protein market had a market share of USD 39.14 million in 2024 and is projected to grow at a CAGR of 33.2% during the forecast period. Canada’s rising awareness among the population.
• The Mexico Insect-based Protein market is projected to witness growth at a CAGR of 32.9% during the forecast period, with a market size of USD 29.68 million in 2024.

Europe Insect based Protein

According to Cognitive Market Research, the global Insect-based Protein market size was estimated at USD 815.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 244.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.7% from 2024 to 2031.

• The United Kingdom Insect-based Protein market had a market share of USD 41.10 million in 2024 and is projected to grow at a CAGR of 33.5% during the forecast period. In the UK, Insect-based Protein sales witness an upswing due to the increasing focus on environmental sustainability.
• The France Insect-based Protein market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 22.1 million in 2024.
• According to Cognitive Market Research, the German Insect-based Protein market size was valued at USD 48.44 million in 2024 and is projected to grow at a CAGR of 32.9% during the forecast period. In Germany, Insect-based Protein surged due to the Increased focus of the manufacturers and major market players.
• The Italy Insect-based Protein market is projected to witness growth at a CAGR of 32.1% during the forecast period, with a market size of USD 21.04 million in 2024.
• The Russia Insect-based Protein market is projected to witness growth at a CAGR of 31.7% during the forecast period, with a market size of USD 37.92 million in 2024.
• The Spain Insect-based Protein market is projected to witness growth at a CAGR of 31.8% during the forecast period with a market size of USD 20.06 million in 2024
• The Luxembourg Insect-based Protein market is projected to witness growth at a CAGR of 32.8% during the forecast period, with a market size of USD 7.58 million in 2024.
• The Portugal Insect-based Protein market is projected to witness growth at a CAGR of 32.5% during the forecast period, with a market size of USD 5.14 million in 2024.
• The Greece Insect-based Protein market is projected to witness growth at a CAGR of 33.0% during the forecast period, with a market size of USD 2.94 million in 2024.
• The Rest of Europe's Insect-based Protein market is projected to witness growth at a CAGR of 31.1% during the forecast period, with a market size of USD 37.92 million in 2024.

Asia Pacific Insect based Protein

According to Cognitive Market Research, the global Insect-based Protein market size was estimated at USD 815.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 187.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 36.2% from 2024 to 2031.

• According to Cognitive Market Research, the China Insect-based Protein market size was valued at USD 84.40 million in 2024 and is projected to grow at a CAGR of 35.7% during the forecast period. Insect-based Protein surged in China due to the increasing consumer demand for sustainable protein sources.
• The Japan Insect-based Protein market is projected to witness growth at a CAGR of 34.7% during the forecast period, with a market size of USD 25.88 million in 2024.
• The India Insect-based Protein market had a market share of USD 22.51 million in 2024 and is projected to grow at a CAGR of 38.0% during the forecast period. India's rising awareness of its health benefits .
• The South Korean Insect-based Protein market is projected to witness growth at a CAGR of 35.3% during the forecast period, with a market size of USD 18.76 million in 2024.
• The Australian Insect-based Protein market is projected to witness growth at a CAGR of 35.9% during the forecast period, with a market size of USD 9.75 million in 2024.
• The South East Asia Insect-based Protein market is projected to witness growth at a CAGR of 37.2% during the forecast period, with a market size of USD 12.76 million in 2024.
• The Rest of Asia Pacific Insect-based Protein market is projected to witness growth at a CAGR of 36.0% during the forecast period, with a market size of USD 13.32 million in 2024.

South America Insect based Protein

According to Cognitive Market Research, the global Insect-based Protein market size was estimated at USD 815.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 40.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 33.6% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Insect-based Protein market size was valued at USD 17.45 million in 2024 and is projected to grow at a CAGR of 34.2% during the forecast period. Insect-based Proteins flourished in Brazil due to increasing demand for animal nutrition.
• Argentina's Insect-based Protein market had a market share of USD 6.85 million in 2024 and is projected to grow at a CAGR of 34.5% during the forecast period. Argentina's rising personal disposable income .
• Colombia Insect-based Protein market is projected to witness growth at a CAGR of 33.4% during the forecast period, with a market size of USD 3.63 million in 2024.
• Peru Insect-based Protein market is projected to witness growth at a CAGR of 33.8% during the forecast period, with a market size of USD 3.35 million in 2024.
• Chile Insect-based Protein market is projected to witness growth at a CAGR of 33.9% during the forecast period, with a market size of USD 2.94 million in 2024.
• The Rest of Latin America's Insect-based Protein market is projected to witness growth at a CAGR of 32.7% during the forecast period, with a market size of USD 6.56 million in 2024.

Middle East and Africa Insect based Protein

According to Cognitive Market Research, the global Insect-based Protein market size was estimated at USD 815.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 16.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 33.9% from 2024 to 2031..

• The GCC Countries Insect-based Protein market is projected to witness growth at a CAGR of 34.7% during the forecast period, with a market size of USD 6.98 million in 2024. Insect-based Protein sales flourish due to the presence of major market players.
• The Egypt Insect-based Protein market is projected to witness growth at a CAGR of 34.2% during the forecast period, with a market size of USD 1.71 million in 2024.
• The South Africa Insect-based Protein market is projected to witness growth at a CAGR of 34.9% during the forecast period, with a market size of USD 2.58 million in 2024. Insect-based Protein sales flourished in South Africa due to increasing demand and regulatory support.
• The Turkey Insect-based Protein market is projected to witness growth at a CAGR of 33.4% during the forecast period, with a market size of USD 0.81 million in 2024.
• The Nigeria Insect-based Protein market is projected to witness growth at a CAGR of 33.0% during the forecast period, with a market size of USD 1.71 million in 2024.
• The Rest of the MEA Insect-based Protein market is projected to witness growth at a CAGR of 32.0% during the forecast period, with a market size of USD 1.92 million in 2024.

Insect based Protein Market Analysis

How are Segments Performing in the Global Insect-based Protein Market?

Insect-based Protein Market Type Segment Analysis

According to Cognitive Market Research, the Crickets segment holds the largest share of the market. Their high protein content, essential amino acids, and micronutrients make them popular for use in food products, dietary supplements, and protein-based snacks. Crickets are versatile, used in various forms like powders, protein bars, and snacks, which increases their market adoption. Their sustainability and relatively low environmental impact also contribute to their dominance in the market, as consumers increasingly seek eco-friendly protein sources.

In the Insect-based Protein Market, the Black Soldier Flies has been expanding at a rapid pace. Their rapid growth rate and efficient conversion of organic waste into protein make them an attractive option for animal feed, particularly in aquaculture, poultry, and livestock industries. As demand for alternative, sustainable protein sources grows, Black Soldier Flies are gaining popularity due to their low production costs and environmental benefits.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Insect based Protein Industry. Request a Free Sample PDF!

Insect-based Protein Market Application Segment Analysis

According to Cognitive Market Research, the Animal Nutrition segment holds the largest share of the market due to the high demand for insect-based proteins in livestock, poultry, and aquaculture feed. Insect proteins are rich in nutrients like amino acids, essential fats, and vitamins, which makes them a nutritious and sustainable alternative to traditional animal feed ingredients like fishmeal and soy. As more industries look for eco-friendly and cost-effective feed options, insect-based proteins in animal nutrition continue to gain traction.

In the Insect-based Protein Market, the Food & Beverages has been expanding at a rapid pace. The growth is driven by growing consumer interest in plant-based diets and sustainable protein sources. As consumers become more conscious of their environmental impact, insect proteins are increasingly being used in functional foods, protein bars, snacks, and beverages. The shift toward healthier, eco-friendly food options is driving the rapid growth of this segment..

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Insect based Protein Capacity Outlook: Segment Analysis

Insect-based Protein Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the Offline segment holds the largest market share. Retail outlets like supermarkets, health food stores, and direct sales through events and pop-up shops are the primary sales channels for insect protein products. These traditional channels offer convenience and have established consumer trust, making them effective in reaching customers and promoting insect-based products.

In the Insect-based Protein market, the rapidly growing sector is Online category. The growth in this category is riven by the increasing use of e-commerce platforms. Consumers are more likely to purchase insect protein products online due to convenience, wider selection, and the ability to easily learn about their benefits. As awareness of sustainable food grows, online platforms are becoming a key channel for reaching new customers.

• Offline
• Online

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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