Thailand Insect Protein Market to 2032
Overview
The Thailand Insect Protein Market is expected to reach a 292.14 USD Million by 2032 and is projected to grow at a CAGR of 43.06% from 2025 to 2032.
Revenue, 2024 (USD Million)
54.49
Forecast, 2032 (USD Million)
292.14
CAGR, 2024 - 2032
43.06%
Report Coverage
Thailand
Thailand Insect Protein Market 2018-2032 USD Million
Thailand Insect Protein Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 54.49 USD Million
- Projected Market Size (2032): 292.14 USD Million
- CAGR (2025-2032): 43.06%
Key Findings of Thailand Insect Protein Market
- The Thailand Insect Protein Market was valued at 54.49 USD Million in 2024.
- The Thailand Insect Protein Market is likely to grow at a CAGR of 43.06% 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 36.00 USD Million
- The fastest growing segment Crickets in Insect Type Segment grew Fastest with a CAGR of 48.50% during the forecast period from 2024 to 2032.
Thailand Insect Protein Market Scope
Thailand Insect Protein Market Segmentation & Scope
Application
- Pharmaceuticals And Cosmetics
- Food & Beverage
- Feed
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
Distribution Channel
- Indirect
- Direct
Thailand Insect Protein Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2019 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 54.49 USD Million |
| Market Value in 2032 | 292.14 USD Million |
| CAGR (2025-2032) | 43.06% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Insect Type,Distribution Channel |
Regional Insights:
-
Leading Market (2024-2032): Thailand, leading in terms of revenue 54.49 USD Million in 2024
- Key Country: Thailand, leading in terms of revenue with value of 54.49 USD Million in 2024.
Segments and Scope
-
Thailand Insect Protein Market to 2032, By Application
- Feed is the largest segment in Thailand Insect Protein Market to 2032 with a revenue of 32.76 USD Million in the year 2024.
- Food & Beverage is the Fastest growing segment in Thailand Insect Protein Market to 2032 with a Growth rate of 41.36 % in forecast period 2025-2032.
-
Thailand Insect Protein Market to 2032, By Insect Type
- Beetles is the largest segment in Thailand Insect Protein Market to 2032 with a revenue of 17.71 USD Million in the year 2024.
- Crickets is the Fastest growing segment in Thailand Insect Protein Market to 2032 with a Growth rate of 45.91 % in forecast period 2025-2032.
-
Thailand Insect Protein Market to 2032, By Distribution Channel
- Direct is the largest segment in Thailand Insect Protein Market to 2032 with a revenue of 36.00 USD Million in the year 2024.
- Direct is the Fastest growing segment in Thailand Insect Protein Market to 2032 with a Growth rate of 43.57 % in forecast period 2025-2032.
Thailand Insect Protein Market Company Share Analysis
| Company Name |
|
||
| Enviroflight | |||
| Ynsect NL Nutrition & Health B.V. | |||
| Agriprotein | |||
| Enterra Solutions LLC | |||
| Aspire Food Group | |||
Thailand Insect Protein Market Geographical Sales Distribution, 2018-2032 USD Million
Thailand Insect Protein Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Thailand Insect Protein Market is segmented based on Segmentation Application,Insect Type,Distribution Channel.
Thailand Insect Protein Market was valued at USD 54.49(Revenue in USD Million) in 2019.
Thailand Insect Protein Market is projected to grow at a CAGR of 43.06% during the forecast period of 2024 to 2032.
The Direct segment is expected to dominate the Thailand Insect Protein Market, holding a largest market share of 36.00 USD Million in 2024
Thailand Insect Protein Market Scope
Thailand Insect Protein Market Segmentation & Scope
Application
- Pharmaceuticals And Cosmetics
- Food & Beverage
- Feed
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
Distribution Channel
- Indirect
- Direct
Frequently Asked Questions
The Thailand Insect Protein Market is segmented based on Segmentation Application,Insect Type,Distribution Channel.
Thailand Insect Protein Market was valued at USD 54.49(Revenue in USD Million) in 2019.
Thailand Insect Protein Market is projected to grow at a CAGR of 43.06% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Insect Protein Market for final year is USD 292.14 (USD Million).
Thailand Insect Protein Market Company Profiling
Frequently Asked Questions
The Thailand Insect Protein Market is segmented based on Segmentation Application,Insect Type,Distribution Channel.
Thailand Insect Protein Market was valued at USD 54.49(Revenue in USD Million) in 2019.
Thailand Insect Protein Market is projected to grow at a CAGR of 43.06% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Insect Protein Market for final year is USD 292.14 (USD Million).
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