- Insect protein, derived from edible insects, is emerging as a sustainable and nutrient-rich alternative to traditional protein sources, finding applications in food and beverage, animal feed, and pharmaceuticals and cosmetics due to its high protein content, low environmental footprint, and scalability
- The surge in demand for insect protein is fueled by increasing consumer acceptance of alternative proteins, supportive regulatory frameworks, and growing investments in insect-based food production
- The U.S. dominated the North America insect protein market with the largest revenue share of 37.8% in 2024, driven by a strong focus on sustainability, widespread adoption in food and feed industries, and the presence of leading market players. The U.S. market is further propelled by innovative startups and research into novel insect-based products tailored to consumer preferences
- Canada is expected to be the fastest-growing country in the insect protein market during the forecast period, attributed to rising consumer interest in sustainable diets, favourable government initiatives, and increasing urbanization
- The Coleoptera segment, encompassing beetles, dominated the largest market revenue share of 58.5% in 2024, driven by the diverse and abundant beetle species, particularly mealworms, which offer high protein content and are widely used in animal feed and food products
