South America Insect Protein Market to 2032
Overview
The South America Insect Protein Market is expected to reach a 1,387.89 USD Million by 2032 and is projected to grow at a CAGR of 46.95% from 2025 to 2032.
Revenue, 2024 (USD Million)
227.19
Forecast, 2032 (USD Million)
1,387.89
CAGR, 2024 - 2032
46.95%
Report Coverage
South America
South America Insect Protein Market 2018-2032 USD Million
South America Insect Protein Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 227.19 USD Million
- Projected Market Size (2032): 1,387.89 USD Million
- CAGR (2025-2032): 46.95%
Key Findings of South America Insect Protein Market
- The South America Insect Protein Market was valued at 227.19 USD Million in 2024.
- The South America Insect Protein Market is likely to grow at a CAGR of 46.95% 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 152.09 USD Million
- The fastest growing segment Crickets in Insect Type Segment grew Fastest with a CAGR of 53.32% during the forecast period from 2024 to 2032.
South America Insect Protein Market Scope
South America Insect Protein Market Segmentation & Scope
Distribution Channel
- Indirect
- Direct
Application
- Pharmaceuticals And Cosmetics
- Food & Beverage
- Feed
Insect Type
- Mealworms
- Flies
- Dragonflies
- Others
- Termites
- Scale Insects
- Plant Hoppers
- Leafhoppers
- True Bugs
- Cicadas
- Crickets
- Black Soldier Flies
- Locusts
- Grasshoppers
- Wasps & Ants
- Bees
- Caterpillars
- Beetles
South America Insect Protein Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2019 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 227.19 USD Million |
| Market Value in 2032 | 1,387.89 USD Million |
| CAGR (2025-2032) | 46.95% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,Application,Insect Type |
Regional Insights:
-
Leading Market (2024-2032): South America, leading in terms of revenue 227.19 USD Million in 2024
- Key Country: Brazil, leading in terms of revenue with value of 136.73 USD Million in 2024.
Segments and Scope
-
South America Insect Protein Market to 2032, By Distribution Channel
- Direct is the largest segment in South America Insect Protein Market to 2032 with a revenue of 152.09 USD Million in the year 2024.
- Direct is the Fastest growing segment in South America Insect Protein Market to 2032 with a Growth rate of 47.53 % in forecast period 2025-2032.
-
South America Insect Protein Market to 2032, By Application
- Feed is the largest segment in South America Insect Protein Market to 2032 with a revenue of 140.70 USD Million in the year 2024.
- Food & Beverage is the Fastest growing segment in South America Insect Protein Market to 2032 with a Growth rate of 45.43 % in forecast period 2025-2032.
-
South America Insect Protein Market to 2032, By Insect Type
- Beetles is the largest segment in South America Insect Protein Market to 2032 with a revenue of 70.74 USD Million in the year 2024.
- Crickets is the Fastest growing segment in South America Insect Protein Market to 2032 with a Growth rate of 49.77 % in forecast period 2025-2032.
South America Insect Protein Market Company Share Analysis
| Company Name |
|
||
| Enviroflight | |||
| Ynsect NL Nutrition & Health B.V. | |||
| Agriprotein | |||
| Enterra Solutions LLC | |||
| Aspire Food Group | |||
South America Insect Protein Market Geographical Sales Distribution, 2018-2032 USD Million
South America Insect Protein Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South America Insect Protein Market is segmented based on Segmentation Distribution Channel,Application,Insect Type.
South America Insect Protein Market was valued at USD 227.19(Revenue in USD Million) in 2019.
South America Insect Protein Market is projected to grow at a CAGR of 46.95% during the forecast period of 2024 to 2032.
The Direct segment is expected to dominate the South America Insect Protein Market, holding a largest market share of 152.09 USD Million in 2024
South America Insect Protein Market Scope
South America Insect Protein Market Segmentation & Scope
Distribution Channel
- Indirect
- Direct
Application
- Pharmaceuticals And Cosmetics
- Food & Beverage
- Feed
Insect Type
- Mealworms
- Flies
- Dragonflies
- Others
- Termites
- Scale Insects
- Plant Hoppers
- Leafhoppers
- True Bugs
- Cicadas
- Crickets
- Black Soldier Flies
- Locusts
- Grasshoppers
- Wasps & Ants
- Bees
- Caterpillars
- Beetles
Frequently Asked Questions
The South America Insect Protein Market is segmented based on Segmentation Distribution Channel,Application,Insect Type.
South America Insect Protein Market was valued at USD 227.19(Revenue in USD Million) in 2019.
South America Insect Protein Market is projected to grow at a CAGR of 46.95% during the forecast period of 2024 to 2032.
The estimated market value of the South America Insect Protein Market for final year is USD 1,387.89 (USD Million).
South America Insect Protein Market Company Profiling
Frequently Asked Questions
The South America Insect Protein Market is segmented based on Segmentation Distribution Channel,Application,Insect Type.
South America Insect Protein Market was valued at USD 227.19(Revenue in USD Million) in 2019.
South America Insect Protein Market is projected to grow at a CAGR of 46.95% during the forecast period of 2024 to 2032.
The estimated market value of the South America Insect Protein Market for final year is USD 1,387.89 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.