Global Insect for Food market cagr 13.4%

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Insect for Food Market

Insect for Food Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Insect for Food Market Size and Growth

The insect for food market is rapidly expanding, driven by rising veganism, protein demand, and sustainable food sources. Valued at approximately $750 million in 2023, it is projected to grow significantly, reaching over $1.3 billion by 2028. Key trends include innovation in product offerings and increasing regulatory support.

Companies Covered

(Covid 19 Impact Covered)

◍ AgriProtein

◍ EnviroFlight

◍ Innovafeed

◍ Ÿnsect

◍ Hexafly

◍ Protix

◍ Aspire Food Group

◍ EntomoFarms

◍ Protifarm

◍ Jimini’s

◍ Chapul Cricket Protein

◍ Imago Insect Products

The insect for food market features companies like AgriProtein, EnviroFlight, and Ÿnsect, which produce protein-rich insect products for human consumption and animal feed. They drive market growth through innovation, sustainability, and partnerships, enhancing food security. For instance, Innovafeed reported sales of €20 million in 2022.

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Market Segmentation

By Application

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By Product

Market Growth

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$ X Billion USD

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