South Africa Insect Protein Market to 2032
Overview
The South Africa Insect Protein Market is expected to reach a 49.01 USD Million by 2032 and is projected to grow at a CAGR of 35.17% from 2025 to 2032.
Revenue, 2024 (USD Million)
11.85
Forecast, 2032 (USD Million)
49.01
CAGR, 2024 - 2032
35.17%
Report Coverage
South Africa
South Africa Insect Protein Market 2018-2032 USD Million
South Africa Insect Protein Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 11.85 USD Million
- Projected Market Size (2032): 49.01 USD Million
- CAGR (2025-2032): 35.17%
Key Findings of South Africa Insect Protein Market
- The South Africa Insect Protein Market was valued at 11.85 USD Million in 2024.
- The South Africa Insect Protein Market is likely to grow at a CAGR of 35.17% 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 8.04 USD Million
- The fastest growing segment Crickets in Insect Type Segment grew Fastest with a CAGR of 39.13% during the forecast period from 2024 to 2032.
South Africa Insect Protein Market Scope
South Africa Insect Protein Market Segmentation & Scope
Application
- Pharmaceuticals And Cosmetics
- Food & Beverage
- Feed
Distribution Channel
- Indirect
- Direct
Insect Type
- Mealworms
- Flies
- Dragonflies
- Termites
- Scale Insects
- Plant Hoppers
- Others
- Leafhoppers
- True Bugs
- Cicadas
- Crickets
- Black Soldier Flies
- Locusts
- Grasshoppers
- Wasps & Ants
- Bees
- Caterpillars
- Beetles
South Africa Insect Protein Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2019 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 11.85 USD Million |
| Market Value in 2032 | 49.01 USD Million |
| CAGR (2025-2032) | 35.17% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Distribution Channel,Insect Type |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 11.85 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 11.85 USD Million in 2024.
Segments and Scope
-
South Africa Insect Protein Market to 2032, By Application
- Feed is the largest segment in South Africa Insect Protein Market to 2032 with a revenue of 7.48 USD Million in the year 2024.
- Food & Beverage is the Fastest growing segment in South Africa Insect Protein Market to 2032 with a Growth rate of 33.63 % in forecast period 2025-2032.
-
South Africa Insect Protein Market to 2032, By Distribution Channel
- Direct is the largest segment in South Africa Insect Protein Market to 2032 with a revenue of 8.04 USD Million in the year 2024.
- Direct is the Fastest growing segment in South Africa Insect Protein Market to 2032 with a Growth rate of 35.83 % in forecast period 2025-2032.
-
South Africa Insect Protein Market to 2032, By Insect Type
- Beetles is the largest segment in South Africa Insect Protein Market to 2032 with a revenue of 3.81 USD Million in the year 2024.
- Crickets is the Fastest growing segment in South Africa Insect Protein Market to 2032 with a Growth rate of 36.77 % in forecast period 2025-2032.
South Africa Insect Protein Market Company Share Analysis
| Company Name |
|
||
| Enviroflight | |||
| Ynsect NL Nutrition & Health B.V. | |||
| Agriprotein | |||
| Enterra Solutions LLC | |||
| Aspire Food Group | |||
South Africa Insect Protein Market Geographical Sales Distribution, 2018-2032 USD Million
South Africa Insect Protein Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Insect Protein Market is segmented based on Segmentation Application,Distribution Channel,Insect Type.
South Africa Insect Protein Market was valued at USD 11.85(Revenue in USD Million) in 2019.
South Africa Insect Protein Market is projected to grow at a CAGR of 35.17% during the forecast period of 2024 to 2032.
The Direct segment is expected to dominate the South Africa Insect Protein Market, holding a largest market share of 8.04 USD Million in 2024
South Africa Insect Protein Market Scope
South Africa Insect Protein Market Segmentation & Scope
Application
- Pharmaceuticals And Cosmetics
- Food & Beverage
- Feed
Distribution Channel
- Indirect
- Direct
Insect Type
- Mealworms
- Flies
- Dragonflies
- Termites
- Scale Insects
- Plant Hoppers
- Others
- Leafhoppers
- True Bugs
- Cicadas
- Crickets
- Black Soldier Flies
- Locusts
- Grasshoppers
- Wasps & Ants
- Bees
- Caterpillars
- Beetles
Frequently Asked Questions
The South Africa Insect Protein Market is segmented based on Segmentation Application,Distribution Channel,Insect Type.
South Africa Insect Protein Market was valued at USD 11.85(Revenue in USD Million) in 2019.
South Africa Insect Protein Market is projected to grow at a CAGR of 35.17% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Insect Protein Market for final year is USD 49.01 (USD Million).
South Africa Insect Protein Market Company Profiling
Frequently Asked Questions
The South Africa Insect Protein Market is segmented based on Segmentation Application,Distribution Channel,Insect Type.
South Africa Insect Protein Market was valued at USD 11.85(Revenue in USD Million) in 2019.
South Africa Insect Protein Market is projected to grow at a CAGR of 35.17% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Insect Protein Market for final year is USD 49.01 (USD Million).
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