The global insect protein market is projected to reach USD 1.51 billion by 2030, growing at a CAGR of 16.9% from 2024 to 2030, according to a recent report by Grand View Research, Inc. This surge in demand stems from the recognition of insect protein as a sustainable alternative to conventional livestock. Insects require considerably less land and water and generate fewer greenhouse gas emissions. Regulatory milestones, such as EU approvals for insect protein in animal feed, are propelling the market forward. Meanwhile, educational campaigns and increased awareness are gradually boosting consumer acceptance of insect-based products.

Beetle-derived protein is gaining attention due to its high nutritional value and environmentally friendly production, making it attractive to health-conscious and sustainability-minded consumers. As the social stigma around insect consumption fades, beetle-based products are anticipated to see increased demand. Advances in processing and product innovation are also contributing to the accessibility and appeal of beetle protein across broader consumer demographics. Companies like InnovaFeed are utilizing advanced bioconversion technologies to convert organic waste into premium insect protein, supporting circular economy models. Moreover, genetic engineering is playing a key role in enhancing insect nutrition and growth efficiency.

These technological advancements are making insect protein production more scalable and cost-effective, enabling suppliers to meet the growing needs of sectors such as animal feed, pet food, and aquaculture. Key market players are focusing on innovation by developing sustainable feed solutions and adopting advanced farming systems, often in collaboration with industry leaders. They are also diversifying their offerings by including insect-based oils and proteins tailored for a range of applications, including aquaculture and nutrition for monogastric animals. These efforts are further strengthened by supportive regulations and rising consumer awareness of the ecological advantages of insect protein over traditional livestock sources.

Get a preview of the latest developments in the Insect Protein Market! Download your FREE sample PDF today and explore key data and trends

Insect Protein Market Report Highlights

  • Coleoptera Segment: In 2023, this segment represented over 30% of total revenue. Beetle larvae, particularly mealworms, are valued for their high protein and nutrient content. Their minimal environmental footprint makes them a favored eco-friendly food source. The global push for sustainable protein alternatives is accelerating the use of coleoptera-based proteins in the food industry.

  • Animal Feed Segment: Holding more than 40% market share in 2023, this segment benefits from the rising demand for sustainable replacements for soy and fishmeal. Black soldier flies and mealworms offer essential amino acids and nutrients, making them ideal for aquaculture, poultry, and pet food. Their production—using organic waste and minimal resources—aligns well with sustainable farming goals.

  • Regional Growth – Europe: With a projected CAGR of 16.8% from 2024 to 2030, Europe is set to lead regional growth, driven by regulatory support and increased consumer interest in sustainable and health-conscious products. Notably, EU regulations from 2021 now permit insect protein in feed for chickens and pigs (previously approved for fish), helping to broaden market adoption across agriculture.

  • Market Landscape: The market remains moderately fragmented. Companies like AgriProtein and Ynsect are expanding operations to deliver sustainable feed solutions, leveraging eco-friendly production methods.

  • Notable Industry Move: In October 2023, Tyson Foods, a major U.S. meat producer, announced its investment in Dutch insect protein company Protix. The collaboration seeks to establish a U.S. facility that uses animal waste to farm black soldier flies, producing feed for pets, poultry, and fish. Tyson’s initial approach emphasizes insect protein in animal feed rather than direct human consumption.

Key Insect Protein Company Insights

The market is moderately fragmented, with leading players scaling operations and investing in sustainable production methods. AgriProtein and Ynsect are among the frontrunners offering innovative feed solutions with a lower environmental footprint. Companies like Protix, Ynsect, and Enterra are advancing production through technological innovation and strategic partnerships. Protix, headquartered in the Netherlands, collaborates with Tyson Foods to grow its U.S. presence. Canada-based Enterra focuses on converting organic waste into protein and oils for agriculture and aquaculture. These firms continue to drive progress through research, collaboration, and regulatory engagement, solidifying their positions in the competitive landscape.

Key Players in the Insect Protein Market

  • Ynsect

  • Protix

  • AgriProtein

  • EnviroFlight

  • Hexafly

  • Innovafeed

  • Beta Hatch

  • Entomo Farms

  • Entobel

  • nextProtein

Gather more insights about the market drivers, restrains and growth of the Insect Protein Market