Global Insect Protein Market Size & Outlook, 2020-2028

The insect protein industry worldwide is expected to reach a projected revenue of US$ 1,738.1 million by 2028. A compound annual growth rate of 27.4% is expected of the worldwide insect protein industry from 2021 to 2028.
Revenue, 2020 (US$M)
$249.9
Forecast, 2028 (US$M)
$1,738.1
CAGR, 2021 - 2028
27.4%
Report Coverage
Worldwide

Global insect protein market highlights

  • The global insect protein market generated a revenue of USD 249.9 million in 2020 and is expected to reach USD 1,738.1 million by 2028.
  • The market is expected to grow at a CAGR (2021 - 2028) of 27.4% by 2028.
  • In terms of segment, coleoptera accounted for a revenue of USD 81.5 million in 2020.
  • Orthoptera is the most lucrative source segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2020.
  • Country-wise, France is expected to register the highest CAGR from 2021 to 2028.

Global data book summary

Market revenue in 2020USD 249.9 million
Market revenue in 2028USD 1,738.1 million
Growth rate27.4% (CAGR from 2020 to 2028)
Largest segmentColeoptera
Fastest growing segmentOrthoptera
Historical data covered2017 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationColeoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera, Diptera

Other key industry trends

  • In terms of revenue, the North America accounted for 26.2% of the global insect protein market in 2020.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
  • By country, France is the fastest growing regional market and is projected to reach USD 64.0 million by 2028.

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Insect Protein Market Companies

Name Profile # Employees HQ Website

Global insect protein market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to insect protein market will help companies and investors design strategic landscapes.


Coleoptera was the largest segment with a revenue share of 32.61% in 2020. Horizon Databook has segmented the Global insect protein market based on coleoptera, lepidoptera, hymenoptera, orthoptera, hemiptera, diptera covering the revenue growth of each sub-segment from 2017 to 2028.


  • Global Insect Protein Source Outlook (Revenue, USD Million, 2017-2028)
    • Coleoptera
    • Lepidoptera
    • Hymenoptera
    • Orthoptera
    • Hemiptera
    • Diptera
    • Others
  • Global Insect Protein Application Outlook (Revenue, USD Million, 2017-2028)
    • Food & Beverages
    • Animal Nutrition
    • Pharmaceutical & Supplements
    • Personal Care and Cosmetics

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Target buyers of Global insect protein market databook

  • Our clientele includes a mix of insect protein market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global insect protein market , including forecasts for subscribers. This global databook contains high-level insights into Global insect protein market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Global insect protein market size, by regions, 2017-2028 (US$M)

Top 10 countries: Insect protein market size, 2020 (US$M)

Global insect protein market share, by source, 2020 & 2028 (%, US$M)

Insect protein market: Opportunity assessment by country

Global insect protein market, by region, 2020 (US$M)

Global insect protein market size, by regions, 2017-2028 (US$M)

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