Canada Insect Protein Market to 2032
Overview
The Canada Insect Protein Market is expected to reach a 53.55 USD Million by 2032 and is projected to grow at a CAGR of 41.99% from 2025 to 2032.
Revenue, 2024 (USD Million)
10.29
Forecast, 2032 (USD Million)
53.55
CAGR, 2024 - 2032
41.99%
Report Coverage
Canada
Canada Insect Protein Market 2018-2032 USD Million
Canada Insect Protein Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 10.29 USD Million
- Projected Market Size (2032): 53.55 USD Million
- CAGR (2025-2032): 41.99%
Key Findings of Canada Insect Protein Market
- The Canada Insect Protein Market was valued at 10.29 USD Million in 2024.
- The Canada Insect Protein Market is likely to grow at a CAGR of 41.99% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Direct in Distribution Channel Segment accounted for the largest share of the market with a revenue of 6.80 USD Million
- The fastest growing segment Crickets in Insect Type Segment grew Fastest with a CAGR of 48.13% during the forecast period from 2024 to 2032.
Canada Insect Protein Market Scope
Canada Insect Protein Market Segmentation & Scope
Insect Type
- Mealworms
- Flies
- Dragonflies
- Termites
- Scale Insects
- Plant Hoppers
- Others
- Leafhoppers
- Cicadas
- True Bugs
- Crickets
- Black Soldier Flies
- Locusts
- Grasshoppers
- Wasps & Ants
- Bees
- Caterpillars
- Beetles
Application
- Pharmaceuticals And Cosmetics
- Food & Beverage
- Feed
Distribution Channel
- Indirect
- Direct
Canada Insect Protein Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2019 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 10.29 USD Million |
| Market Value in 2032 | 53.55 USD Million |
| CAGR (2025-2032) | 41.99% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Insect Type,Application,Distribution Channel |
Regional Insights:
-
Leading Market (2024-2032): Canada, leading in terms of revenue 10.29 USD Million in 2024
- Key Country: Canada, leading in terms of revenue with value of 10.29 USD Million in 2024.
Segments and Scope
-
Canada Insect Protein Market to 2032, By Insect Type
- Beetles is the largest segment in Canada Insect Protein Market to 2032 with a revenue of 3.47 USD Million in the year 2024.
- Crickets is the Fastest growing segment in Canada Insect Protein Market to 2032 with a Growth rate of 43.78 % in forecast period 2025-2032.
-
Canada Insect Protein Market to 2032, By Application
- Feed is the largest segment in Canada Insect Protein Market to 2032 with a revenue of 6.30 USD Million in the year 2024.
- Food & Beverage is the Fastest growing segment in Canada Insect Protein Market to 2032 with a Growth rate of 41.25 % in forecast period 2025-2032.
-
Canada Insect Protein Market to 2032, By Distribution Channel
- Direct is the largest segment in Canada Insect Protein Market to 2032 with a revenue of 6.80 USD Million in the year 2024.
- Direct is the Fastest growing segment in Canada Insect Protein Market to 2032 with a Growth rate of 42.50 % in forecast period 2025-2032.
Canada Insect Protein Market Company Share Analysis
| Company Name |
|
||
| Enviroflight | |||
| Ynsect NL Nutrition & Health B.V. | |||
| Agriprotein | |||
| Enterra Solutions LLC | |||
| Aspire Food Group | |||
Canada Insect Protein Market Geographical Sales Distribution, 2018-2032 USD Million
Canada Insect Protein Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Canada Insect Protein Market is segmented based on Segmentation Insect Type,Application,Distribution Channel.
Canada Insect Protein Market was valued at USD 10.29(Revenue in USD Million) in 2019.
Canada Insect Protein Market is projected to grow at a CAGR of 41.99% during the forecast period of 2024 to 2032.
The Direct segment is expected to dominate the Canada Insect Protein Market, holding a largest market share of 6.80 USD Million in 2024
Canada Insect Protein Market Scope
Canada Insect Protein Market Segmentation & Scope
Insect Type
- Mealworms
- Flies
- Dragonflies
- Termites
- Scale Insects
- Plant Hoppers
- Others
- Leafhoppers
- Cicadas
- True Bugs
- Crickets
- Black Soldier Flies
- Locusts
- Grasshoppers
- Wasps & Ants
- Bees
- Caterpillars
- Beetles
Application
- Pharmaceuticals And Cosmetics
- Food & Beverage
- Feed
Distribution Channel
- Indirect
- Direct
Frequently Asked Questions
The Canada Insect Protein Market is segmented based on Segmentation Insect Type,Application,Distribution Channel.
Canada Insect Protein Market was valued at USD 10.29(Revenue in USD Million) in 2019.
Canada Insect Protein Market is projected to grow at a CAGR of 41.99% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Insect Protein Market for final year is USD 53.55 (USD Million).
Canada Insect Protein Market Company Profiling
Frequently Asked Questions
The Canada Insect Protein Market is segmented based on Segmentation Insect Type,Application,Distribution Channel.
Canada Insect Protein Market was valued at USD 10.29(Revenue in USD Million) in 2019.
Canada Insect Protein Market is projected to grow at a CAGR of 41.99% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Insect Protein Market for final year is USD 53.55 (USD Million).
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