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North America Insect Protein Market – Industry Trends and Forecast to 2031

Food & Beverage

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North America Insect Protein Market – Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • Apr 2024
  • North America
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

North America Insect Protein Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 47.79 Billion
Diagram Market Size (Forecast Year) USD 274.08 Billion
Diagram CAGR %

Major Markets Players

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North America Insect Protein Market, By Source (Coleoptera and Orthoptera), Insect Type (Beetles, Caterpillars, Bees, Wasps and Ants, Grasshoppers, Locusts, Crickets, True Bugs, Black Soldier Flies, Cicadas, Leafhoppers, Plant Hoppers, Scale Insects, Termites, Dragonflies, Flies, Mealworms, and Others), Application (Food and Beverage, Feed, and Pharmaceuticals and Cosmetics), Distribution Channels (Direct and Indirect) – Industry Trends and Forecast to 2031.

North America Insect Protein Market Analysis and Size

The insect protein market is witnessing significant expansion driven by its eco-friendly nature and nutritional value. Advancements in processing methods have led to products, such as insect protein powder and bars, that appeal to health-conscious consumers. Insects' sustainability benefits, requiring minimal land and water compared to traditional livestock, highlight their potential as an efficient and ethical protein source.

For instance, in November 2020, Innova Feed partnered with Archer Daniels Midland Company, a major player in agribusiness, to bolster its insect protein venture. They plan to establish a new facility in Illinois, U.S., with a projected annual production capacity of 60,000 tons to meet growing demand for sustainable protein sources.

Data Bridge Market Research analyses that the North America insect protein market size was valued at USD 47.79 billion in 2023, is projected to reach USD 274.08 billion by 2031, with a CAGR of 24.40% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation       

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Source (Coleoptera and Orthoptera), Insect Type (Beetles, Caterpillars, Bees, Wasps and Ants, Grasshoppers, Locusts, Crickets, True Bugs, Black Soldier Flies, Cicadas, Leafhoppers, Plant Hoppers, Scale Insects, Termites, Dragonflies, Flies, Mealworms, and Others), Application (Food and Beverage, Feed, and Pharmaceuticals and Cosmetics), Distribution Channels (Direct and Indirect)

Countries Covered

U.S., Canada, and Mexico

Market Players Covered

All Things Bugs, LLC (U.S.), AgriProtein (South Africa), Enterra Feed Corporation (Canada), Aspire Food Group (Canada), Beta Hatch (U.S.), BIOFLYTECH (Spain), Chapul Cricket Protein (U.S.), Entobel (Vietnam), Entocycle (U.K.), Entomo Farms (France), Global Bugs (Thailand), Haocheng Mealworms Inc. (China), HEXAFLY (Ireland), Innovafeed (France), JSC „INSECTUM“ (Norway), nextProtein (France), Protenga (Singapore), Protify (Sweden), PROTIX (Netherlands), Seek Food (U.S.), Thailand Unique (Thailand), and Ynsect (France)

Market Opportunities

  • Growing Acceptance and Awareness among Consumer
  • Growing Animal Welfare Concerns

Market Definition

Insect protein is increasingly utilized as a feed additive in aquaculture, poultry, and other animal diets across the region. With amino acid and protein content ranging from 40% to 70% and high digestibility, it's favored by animal feed manufacturers. Derived from insects such as crickets and mealworms, it offers essential amino acids and is recognized for sustainability, making it a popular eco-friendly dietary choice globally.

Insect Protein Market Dynamics

Drivers

  • Nutritional Benefits of Insect Protein

Insects are protein-rich, packed with vitamins and minerals, offering essential amino and fatty acids, promoting a balanced diet and human health. Processed into powders or bars, they offer convenient and versatile nutrition options. For instance, bug protein presents a complete protein source, teeming with vital amino acids, vitamins, and minerals, championing sustainability and spurring growth in the insect protein market amid consumer demand for eco-friendly dietary alternatives.

  • Increasing Population and Food Demand

As the global population expands, the demand for protein-rich food rises. Given its nutritional richness and efficient production, insect protein presents a compelling solution. With high protein content and minimal resource needs, insects provide a sustainable alternative to conventional livestock farming, addressing the increasing protein demand in a resource-limited environment.

Opportunities

  • Growing Acceptance and Awareness among Consumer

Increasing awareness of insect protein's nutritional and environmental advantages fosters greater consumer acceptance. This trend is bolstered by the availability of insect-based food items in mainstream markets, fueling market expansion. As consumers become more informed about the benefits, the demand for insect protein products continues to rise, driving growth in the market.

For instance, food companies are incorporating insect-based ingredients into their products, offering consumers nutritious and eco-friendly alternatives, thereby driving the expansion of the insect protein market worldwide.

  • Growing Animal Welfare Concerns

Increasing concern for animal welfare leads consumers to seek cruelty-free protein sources. Insect protein, perceived as ethical, gains traction as an alternative to conventional livestock farming, resonating with consumer values. This trend drives demand for insect protein as a sustainable and humane option, meeting the needs of ethically conscious consumers.

Restraints/Challenges

  • Cultural Resistance Impact Growth

Cultural resistance poses a significant barrier to the insect protein market. In many societies, insects are not culturally accepted as food, leading to deep-seated taboos and aversions. They are convincing people to incorporate insect protein into their diets, which challenges deeply ingrained cultural norms, hindering widespread market adoption and growth.   

  • Growing Allergy Concern among Consumer

Allergen concerns pose a significant challenge for the insect protein market. Common allergies to insects necessitate meticulous labeling and risk management to ensure consumer safety and market acceptance. Failure to address these concerns could hinder the adoption of insect protein as a viable food source.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In June 2022, Innovafeed and Cargill expanded their collaboration to increase the utilization of insect ingredients across diverse animal feed applications, reflecting a shared commitment to sustainable and innovative solutions in the agriculture and feed industries
  • In April 2022, Global Bugs formed a strategic alliance with Innovative Natural Solutions to jointly promote, support, manufacture, and distribute nutritious food items integrating plant-based components and crickets
  • In February 2022, marked Innovafeed's collaboration with ADM, offering black soldier fly protein to develop high-quality, nutritious pet food with a reduced carbon footprint
  • In December 2021, Neo Bites launched the first line of functional dog food toppers crafted from insect protein, aiming to enhance dog health and foster environmental sustainability in the pet food industry
  • In November 2021, Ÿnsect debuted Bernie’s, an ultra-premium dog feed luxury brand in the U.S. market, in partnership with Pure Simple True LLC

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Insect Protein Market Scope

The market is segmented on the basis of source, insect type, application, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Source

  • Coleoptera
  • Orthoptera

 Insect Type

  • Beetles
  • Caterpillars
  • Bees
  • Wasps and Ants
  • Grasshoppers
  • Locusts
  • Crickets
  • True Bugs
  • Black Soldier Flies
  • Cicadas
  • Leafhoppers
  • Plant Hoppers
  • Scale Insects
  • Termites
  • Dragonflies
  • Flies
  • Mealworms
  • Others

 Application

  • Food and Beverage
  • Feed
  • Pharmaceuticals
  • Cosmetics

 Distribution Channels

  • Direct
  • Indirect

Insect Protein Market Regional Analysis/Insights

The market is analysed and market size insights and trends are provided by country, source, insect type, application, and distribution channel as referenced above.

The countries covered in the market report are U.S., Canada, and Mexico.

The U.S. is expected to dominate the market owing to a growing preference for healthy lifestyles and heightened awareness about insect protein benefits. Primarily used in feed products, its incorporation into food and other goods is rising, prompting companies to intensify efforts to meet market demand efficiently.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Insect Protein Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the market are:

  • AgriProtein (South Africa)
  •  Enterra Feed Corporation (Canada)
  •  Aspire Food Group (Canada)
  •  Beta Hatch (U.S.)
  •  BIOFLYTECH (Spain)
  •  Chapul Cricket Protein (U.S.)
  •  Entobel (Vietnam)
  •  Entocycle (U.K.)
  •  Entomo Farms (France)
  •  Global Bugs (Thailand)
  •  Haocheng Mealworms Inc. (China)
  •  Hexafly (Ireland)
  •  Innovafeed (France)
  • JSC „INSECTUM“(Norway)
  • nextProtein (France)
  •  Protenga (Singapore)
  •  Protify (Sweden)
  •  PROTIX (Netherlands)
  • Seek Food (U.S.)
  •  Thailand Unique (Thailand)
  • Ynsect (France)
  • All Things Bugs, LLC (U.S.)


SKU-

LIST OF TABLES

TABLE 1 NORTH AMERICA INSECT PROTEIN MARKET: VOLUME TABLE FOR INSECT PROTEIN SOLD AROUND THE GLOBE

TABLE 2 THE PRICE RANGE OF EQUIPMENT USED IN INSECT REARING AND PROCESSING

TABLE 3 COMPANIES OFFERING INSECT REARING AND PROCESSING EQUIPMENT AND TECHNOLOGY

TABLE 4 REGULATIONS FOR INSECT BASED FOOD AND FEED PRODUCT BY EUROPEAN UNION

TABLE 5 COST COMPARISON OF DIFFERENT PROTEIN SOURCES

TABLE 6 NORTH AMERICA INSECT PROTEIN MARKET, BY INSECT TYPE, 2018-2027 (USD THOUSANDS)

TABLE 7 NORTH AMERICA BEETLES IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 8 NORTH AMERICA CATERPILLARS IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 9 NORTH AMERICA BEES IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 10 NORTH AMERICA WASPS & ANTS IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 11 NORTH AMERICA GRASSHOPPERS IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 12 NORTH AMERICA LOCUSTS IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 13 NORTH AMERICA CRICKETS IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 14 NORTH AMERICA TRUE BUGS IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 15 NORTH AMERICA BLACK SOLDIERS FLIES IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 16 NORTH AMERICA CICADAS IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 17 NORTH AMERICA LEAFHOPPERS INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 18 NORTH AMERICA PLANT HOPPERS IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 19 NORTH AMERICA SCALE INSECTS IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 20 NORTH AMERICA TERMITES IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 21 NORTH AMERICA DRAGONFLIES IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 22 NORTH AMERICA FLIES IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 23 NORTH AMERICA MEALWORMS IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 24 NORTH AMERICA OTHERS IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSANDS)

TABLE 25 NORTH AMERICA INSECT PROTEIN MARKET, BY APPLICATION,2018-2027 (USD THOUSAND )

TABLE 26 NORTH AMERICA FEED IN INSECT PROTEIN MARKET, BY REGION,2018-2027 (USD THOUSAND )

TABLE 27 NORTH AMERICA FEED IN INSECT PROTEIN MARKET, BY APPLICATION ,2018-2027 (USD THOUSAND )

TABLE 28 NORTH AMERICA FOOD & BEVERAGE IN INSECT PROTEIN MARKET, BY REGION,2018-2027 (USD THOUSAND )

TABLE 29 NORTH AMERICA FOOD & BEVERAGE IN INSECT PROTEIN MARKET, BY APPLICATION,2018-2027 (USD THOUSAND )

TABLE 30 NORTH AMERICA BAKERY PRODUCTS IN INSECT PROTEIN MARKET, BY APPLICATION,2018-2027 (USD THOUSAND )

TABLE 31 NORTH AMERICA CONVENIENCE FOOD IN INSECT PROTEIN MARKET, BY APPLICATION,2018-2027 (USD THOUSAND )

TABLE 32 NORTH AMERICA MEAT PRODUCTS & ANALOGS IN INSECT PROTEIN MARKET, BY APPLICATION,2018-2027 (USD THOUSAND )

TABLE 33 NORTH AMERICA PHARMACEUTICALS AND COSMETICS IN INSECT PROTEIN MARKET, BY REGION,2018-2027 (USD THOUSAND )

TABLE 34 NORTH AMERICA INSECT PROTEIN MARKET, BY DISTRIBUTION CHANNEL ,2018-2027 (USD THOUSAND )

TABLE 35 NORTH AMERICA DIRECT IN INSECT PROTEIN MARKET, BY REGION,2018-2027 (USD THOUSAND )

TABLE 36 NORTH AMERICA NDIRECT IN INSECT PROTEIN MARKET, BY REGION, 2018-2027 (USD THOUSAND )

TABLE 37 NORTH AMERICA INDIRECT IN INSECT PROTEIN MARKET, BY DISTRIBUTION CHANNEL 2018-2027 (USD THOUSAND )

TABLE 38 NORTH AMERICA INSECT PROTEIN MARKET, BY COUNTRY, 2018-2027 (USD THOUSANDS)

TABLE 39 NORTH AMERICA INSECT PROTEIN MARKET, BY INSECT TYPE, 2018-2027 (USD THOUSANDS)

TABLE 40 NORTH AMERICA INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 41 NORTH AMERICA FEED IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 42 NORTH AMERICA FOOD & BEVERAGE IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 43 NORTH AMERICA BAKERY PRODUCTS IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 44 NORTH AMERICA MEAT PRODUCTS & ANALOGS IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 45 NORTH AMERICA CONVENIENCE FOOD IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 46 NORTH AMERICA INSECT PROTEIN MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD THOUSANDS)

TABLE 47 NORTH AMERICA INDIRECT IN INSECT PROTEIN MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD THOUSANDS)

TABLE 48 U.S. INSECT PROTEIN MARKET, BY INSECT TYPE, 2018-2027 (USD THOUSANDS)

TABLE 49 U.S. INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 50 U.S. FEED IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 51 U.S. FOOD & BEVERAGE IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 52 U.S. BAKERY PRODUCTS IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 53 U.S. MEAT PRODUCTS & ANALOGS IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 54 U.S. CONVENIENCE FOOD IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 55 U.S. INSECT PROTEIN MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD THOUSANDS)

TABLE 56 U.S. INDIRECT IN INSECT PROTEIN MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD THOUSANDS)

TABLE 57 CANADA INSECT PROTEIN MARKET, BY INSECT TYPE, 2018-2027 (USD THOUSANDS)

TABLE 58 CANADA INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 59 CANADA FEED IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 60 CANADA FOOD & BEVERAGE IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 61 CANADA BAKERY PRODUCTS IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 62 CANADA MEAT PRODUCTS & ANALOGS IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 63 CANADA CONVENIENCE FOOD IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 64 CANADA INSECT PROTEIN MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD THOUSANDS)

TABLE 65 CANADA INDIRECT IN INSECT PROTEIN MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD THOUSANDS)

TABLE 66 MEXICO INSECT PROTEIN MARKET, BY INSECT TYPE, 2018-2027 (USD THOUSANDS)

TABLE 67 MEXICO INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 68 MEXICO FEED IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 69 MEXICO FOOD & BEVERAGE IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 70 MEXICO BAKERY PRODUCTS IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 71 MEXICO MEAT PRODUCTS & ANALOGS IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 72 MEXICO CONVENIENCE FOOD IN INSECT PROTEIN MARKET, BY APPLICATION, 2018-2027 (USD THOUSANDS)

TABLE 73 MEXICO INSECT PROTEIN MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD THOUSANDS)

TABLE 74 MEXICO INDIRECT IN INSECT PROTEIN MARKET, BY DISTRIBUTION CHANNEL, 2018-2027 (USD THOUSANDS)

 

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FREQUENTLY ASK QUESTIONS

Nutritional Benefits of Insect Protein & Increasing Population and Food Demand are the growth drivers of the North America Insect Protein Market.
Source, insect type, application, and distribution channel are the factors on which the North America Insect Protein Market research is based.
The major companies in the North America Insect Protein Market are All Things Bugs, LLC (U.S.), AgriProtein (South Africa), Enterra Feed Corporation (Canada), Aspire Food Group (Canada), Beta Hatch (U.S.), BIOFLYTECH (Spain), Chapul Cricket Protein (U.S.), Entobel (Vietnam), Entocycle (U.K.), Entomo Farms (France), Global Bugs (Thailand), Haocheng Mealworms Inc. (China), HEXAFLY (Ireland), Innovafeed (France), JSC „INSECTUM“ (Norway), nextProtein (France), Protenga (Singapore), Protify (Sweden), PROTIX (Netherlands), Seek Food (U.S.), Thailand Unique (Thailand), and Ynsect (France).
The North America Insect Protein Market size will be worth USD 274.08 billion by 2031.
The growth rate of the North America Insect Protein Market is 24.40%.
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