Insect Protein Market is segmented By Insect (Crickets, Mealworms, Grasshoppers, Others), By Applica...
Market Size in USD Bn
CAGR33.3%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 33.3% |
Market Concentration | High |
Major Players | Protix, Entomo Farms, Ynsect, Aspire Food Group, Chapul and Among Others |
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.