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Edible Insects Market is expected to reach $17.95 billion by 2033 from an estimated $1.87 billion in 2024, at a CAGR of 28.6% during the forecast period 2024-2033.

The global protein industry, traditionally dominated by livestock meat production, is facing increasing pressure to find sustainable alternatives as environmental concerns intensify. Currently, livestock production accounts for the majority of protein production worldwide, with approximately 70% of agricultural land and 30% of the Earth’s total land dedicated to raising livestock. However, expanding this footprint further is neither practical nor sustainable, given the environmental toll already exacted on natural resources.

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The livestock industry is responsible for more greenhouse gas emissions than all forms of transportation combined, including planes, trains, and automobiles. This significant environmental impact, coupled with the escalating strain on land and water resources, highlights the urgent need for alternative protein sources. In response, high-quality protein derived from edible insects has emerged as a crucial solution, offering a pathway to reduce pollution, limit habitat destruction, and conserve natural resources.

According to the Population Reference Bureau (PRB), the global population is projected to grow by 75 million people annually, reaching 9.9 billion by 2050—a 25.3% increase from approximately 7.9 billion in 2021. This exponential growth is expected to put immense pressure on global food production and supply chains, further amplifying the need for sustainable protein alternatives. Edible insects, rich in protein and essential micronutrients such as iron and zinc, present a viable solution to meet these challenges.

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Furthermore, the rise of health-conscious consumers has created a growing demand for environmentally-friendly, chemical-free meat products. In response, many meat producers are exploring insect-derived feed options, such as Black Soldier Fly Larvae (BSFL) protein meal, which provides a more sustainable and cost-effective alternative to traditional feed sources like fishmeal and soy. Insects offer a range of environmental advantages, including lower greenhouse gas emissions, reduced water pollution, and minimal land use. For instance, crickets require 12 times less feed, 15 times less land, 2,000 times less water, and produce 100 times fewer greenhouse gas emissions than cattle for the same amount of protein.

Insects can also be raised on food waste, such as banana peels or rice bran, making them an even more attractive solution for sustainable animal feed. As a result, the demand for insect protein has soared, fueling the growth of the edible insect market.

According to a recent report by Meticulous Research®, the global edible insect market is poised for significant expansion. The market is projected to reach $17.9 billion by 2033, growing at a robust CAGR of 28.6% from 2024 to 2033. In terms of volume, the market is expected to hit 4.7 million tons by 2033, with a CAGR of 36.3% over the forecast period.

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As the world grapples with the environmental impact of traditional livestock production and the demands of a growing population, edible insects stand out as a sustainable and scalable solution. This burgeoning market promises to revolutionize both human consumption and animal feed industries, offering a promising path toward a more sustainable future.

About Meticulous Research® Meticulous Research® is a global market research firm providing insights into various industries, including the edible insect market. With a focus on delivering accurate and actionable data, the company helps businesses make informed decisions to drive growth and sustainability.

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