Edible Insects Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Whole Insect, Insect Powder, Insect Meal) By Insect Type (Beetles, Caterpillars, Grasshoppers, Bees, Wasps, Ants, Scale Insects, True Bugs and others), By Application (Human Consumption, Animal Feed and Cosmetics and Pharmaceutical) and Region Forecast 2020-2031

Edible Insects Market size was valued at US$ 348.0 million in 2024 and is expected to reach US$ 1,246.9 million by 2031, growing at a significant CAGR of 20% from 2025-2031. due to the rise in population and increase in demand for environment-friendly proteinaceous food. Moreover, increasing awareness regarding insect feed, changing attitudes towards insects, increasing consciousness towards healthy and protein-rich food by the consumers and the less area requirement for the larger quantity and less effort in farming are the major factors that are driving the growth of the market over the forecast timeframe.

Key Developments

• On 20 January 2025, the Commission has authorised the placing on the market of UV-treated powder of whole Tenebrio molitor larvae (yellow mealworm) as a novel food. The authorisation concerns the ultra-violet (UVB) light treated powder obtained from whole, thermally treated and ground Tenebrio molitor larvae (yellow mealworm).
• On July 19, 2024, Singapore Food Agency (SFA) approved 16 insect species for human consumption like house cricket, African migratory locust, white grubs, greater wax moth, and gaint rhino bettle rub. These insects must be hygienically produced, with regulated farming proof. Strict regulations and proper regulatory are mandatory for handling in kitchens and pre-packaged industries, ensuring low regulatory concerns.