Insect Protein Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Insect Protein Market is segmented By Insect (Crickets, Mealworms, Grasshoppers, Others), By Applica...

Insect Protein Market Size

Market Size in USD Bn

CAGR33.3%

Study Period2025-2032
Base Year of Estimation2024
CAGR33.3%
Market ConcentrationHigh
Major PlayersProtix, Entomo Farms, Ynsect, Aspire Food Group, Chapul and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Insect Protein Market Analysis

The insect protein market is estimated to be valued at USD 1.89 Bn in 2025 and is expected to reach USD 14.13 Bn by 2032, growing at a compound annual growth rate (CAGR) of 33.3% from 2025 to 2032. The market has seen steady growth over the past few years and increased awareness about environmental and health benefits of insect-based proteins is driving more consumers to shift to alternative protein sources.