Published Date : 2025-Mar-01
The global insect protein market is experiencing rapid growth due to rising demand for sustainable and alternative protein sources. Insect protein is widely used in food, animal feed, pet food, and agriculture. The market size is projected to reach USD 1,446 Million by 2032, with a CAGR of 50.5% from 2024 to 2032 according to a new report by Intellectual Market Insights Research. Leading regions in this market include North America, Europe, and Asia-Pacific.
Here are the top leading companies driving innovation in this space: Aspire Food Group, Ynsect, Innovafeed, Protix, Beta Hatch, Entomo Farms, EnviroFlight, Hexafly and Jimini’s.
Overview: Aspire Food Group is a North American pioneer in cricket farming, specializing in insect-based protein for human consumption, pet food, and animal feed. The company is recognized for its high-tech automated cricket farming and commitment to sustainability, food security, and alternative proteins.
Aspire Food Group is a global innovator in insect protein, using AI-powered automated farms to scale cricket farming. With strong investment backing, industry partnerships, and a sustainability-driven model, Aspire is set to revolutionize the alternative protein market.
Overview: Ynsect is a French biotechnology company specializing in the production of insect-based protein and fertilizers. The company is a major player in the alternative protein industry, focusing primarily on mealworms as a sustainable source of nutrition for animals, aquaculture, pet food, and even human consumption. The company has gained significant investment and expanded its operations globally.
Largest insect farm in the world: Ynsect operates a vertical farming facility in Amiens, France, producing tons of mealworm protein annually.
The company is a pioneer in sustainable protein solutions, using cutting-edge technology to revolutionize the global food industry. Its focus on mealworms, AI-driven farms, and expansion into human nutrition make it a top innovator in the insect protein sector.
Overview: Innovafeed is a French biotechnology company specializing in black soldier fly (BSF) larvae protein production for aquaculture, livestock feed, pet food, and plant fertilizers. The company is a key player in the global insect protein market, focusing on sustainability, large-scale production, and circular economy solutions.
Innovafeed is one of the fastest-growing companies in the insect protein industry, leading innovation in black soldier fly farming for animal nutrition. With high-tech facilities, strong investors, and major partnerships, it is positioned to become a global leader in sustainable protein solutions.
Overview: Protix is a Dutch biotechnology company specializing in black soldier fly (BSF) larvae production for animal feed, pet food, and aquaculture. As a pioneer in insect-based sustainable protein, Protix plays a crucial role in reducing the environmental impact of protein production worldwide. The company is one of the world's largest insect protein production companies.
Protix is a global leader in sustainable insect protein, focusing on black soldier fly farming to revolutionize animal nutrition. With its high-tech production facilities, strong partnerships, and commitment to environmental impact, Protix is positioned as a key player in the future of alternative proteins.
Overview: Beta Hatch is a U.S.-based biotechnology company that specializes in mealworm farming to produce sustainable insect protein for animal feed, aquaculture, and pet food. The company is known for its innovative approach to insect farming, focusing on low-waste, high-efficiency protein production for global food security.
Beta Hatch is leading the way in mealworm farming for sustainable protein in the U.S. With its cutting-edge production facility, strong investor backing, and eco-friendly farming approach, the company is positioned to become a key player in the insect protein industry.
Overview: Entomo Farms is a Canadian-based company specializing in cricket farming for sustainable human food, pet food, and animal nutrition. As one of the largest insect protein producers in North America, the company focuses on high-quality cricket-based protein products that serve the growing demand for alternative proteins.
Entomo Farms is a pioneer in North American cricket protein production, driving the adoption of insect-based protein for human and animal consumption. With its large-scale cricket farms, partnerships with major brands, and commitment to sustainability, the company is well-positioned for continued growth in the alternative protein market.
Overview: EnviroFlight is a U.S.-based biotechnology company specializing in black soldier fly (BSF) larvae farming to produce sustainable protein for animal feed, aquaculture, and pet food. It is a pioneer in insect-based protein production in North America, with a focus on circular economy principles and eco-friendly agriculture.
EnviroFlight is a key innovator in the North American insect protein market, leading the way in black soldier fly farming for animal nutrition. With its strong financial backing from Darling Ingredients, cutting-edge production facility, and sustainability-driven model, EnviroFlight is set to scale insect protein adoption in the U.S. and beyond.
Overview Hexafly is an Ireland-based biotechnology company specializing in black soldier fly (BSF) larvae farming to produce sustainable insect protein, oils, and organic fertilizers. The company is focused on agriculture, aquaculture, and pet food industries, using circular economy principles to transform organic waste into high-value insect-based products.
Hexafly is one of Europe’s rising leaders in black soldier fly protein production, offering sustainable, high-quality alternatives to traditional animal feed ingredients. With strong investment support, advanced insect farming technology, and a commitment to sustainability, the company is well-positioned for rapid growth in the global insect protein market.
Overview: Jimini’s is a France-based food company specializing in insect-based snacks, protein bars, and meal replacements for human consumption. It is one of Europe’s leading brands in the edible insect market, promoting sustainable and high-protein alternatives to traditional animal products.
Jimini’s is a pioneer in the European edible insect industry, making insect-based snacks and protein bars accessible to mainstream consumers. With its strong brand identity, retail presence, and commitment to sustainability, Jimini’s is shaping the future of alternative protein in Europe.
The insect protein industry is rapidly expanding as sustainability concerns drive demand for alternative protein sources. Europe leads the market, but North America and Asia-Pacific are growing fast. These top Leading companies are at the forefront of this revolution.
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