Top 10 Leading Companies in the Global Mealworms Market

Published Date : 2024-Dec-01

The global mealworms market has seen tremendous growth, driven by rising demand for sustainable protein sources and the increasing use of mealworms in food products, animal feed, and other applications.

Below, we explore the top 10 leading companies in this market, highlighting their profiles, operations, and regional presence. The company name are Ynsect, Protix, NextProtein, BETA Hatch, AgriProtein, Entomo Farms, Insectta, InnovaFeed & EnviroFlight.


Top 10 Leading Companies

Ynsect (France)

Headquarters: Paris, France
Founded: 2011
Employees: Approx. 200
Revenue (2023): Estimated at ~$30 million
Regional Presence: Europe, North America, and Asia.

Ynsect is a leading player in the insect-based protein market, focusing on mealworms and other insect species. The company has invested heavily in technology to scale the production of sustainable mealworms, offering high-quality protein for food, feed, and fertilizer. With multiple production facilities across Europe, Ynsect is a major player in the global market.

 

Protix (Netherlands)

Headquarters: Dongen, Netherlands
Founded: 2009
Employees: Approx. 150
Revenue (2023): Estimated at ~$40 million
Regional Presence: Europe, North America, and expanding into Asia.

Protix is a pioneer in insect protein, focusing on sustainable solutions for the food and feed industries. The company processes mealworms to produce high-quality proteins, lipids, and chitin, and serves a wide range of applications, from pet food to aquaculture feed.

Protix is helping lead the charge toward more sustainable and circular food systems by using insect protein to replace more traditional animal-based proteins. The company's innovative approach to insect farming and protein extraction is positioning it for continued growth in the global market.

 

NextProtein (France)

Headquarters: Paris, France
Founded: 2015
Employees: Approx. 50-100 (estimated)
Revenue (2023): Estimated at ~$20 million
Regional Presence: Across Europe and is expanding globally.

NextProtein is a French company specializing in the production of insect-based protein, specifically using black soldier fly (BSF) larvae. The company focuses on producing sustainable protein for use in animal feed, pet food, and fertilizers, while also addressing the global food waste problem by converting organic waste into high-quality protein. NextProtein is at the forefront of the insect farming industry, contributing to a more sustainable and circular economy.

 

BETA Hatch (USA)

Headquarters: Pullman, Washington
Founded: 2016
Employees: Approx. 50
Revenue (2023): Estimated at ~$10 million
Regional Presence: Africa, Europe, North America.

BETA Hatch is an innovative leader in the sustainable insect protein industry, with a strong focus on developing insect-based ingredients for animal feed. They primarily use black soldier flies (BSF) for their operations, converting organic waste into high-value proteins and fats, which are used in animal feed, pet food, and fertilizer.

 

AgriProtein (South Africa)

Headquarters: Cape Town, South Africa
Founded: 2008
Employees: Approx. 200+
Revenue (2023): Estimated at ~$20 million
Regional Presence: Africa, Europe, and Asia.

AgriProtein is a leading company in the sustainable protein sector, specializing in the production of insect-based protein and ingredients. The company focuses on using fly larvae, particularly from black soldier flies (BSF), to convert organic waste into high-quality protein and fat for use in animal feed, pet food, and fertilizers. AgriProtein is a key player in the growing insect farming industry, which addresses global challenges related to food waste and environmental sustainability.

 

Entomo Farms (Canada)

Headquarters: Ontario, Canada
Founded: 2014
Employees: Approx. 50-100
Revenue (2023): Estimated at ~$10 million
Regional Presence: North America

Entomo Farms is a Canadian company that specializes in the sustainable production of insect-based protein, particularly from crickets. The company focuses on the cultivation of crickets to create a variety of products, including cricket protein powder, whole crickets, and other edible insect-based ingredients for use in food, supplements, and animal feed.

The company plays a significant role in the insect protein industry, offering a sustainable, eco-friendly alternative to traditional animal proteins. The company’s focus on cricket farming positions it as a key player in the global shift toward more sustainable and resource-efficient food production systems.

 Regional Presence: Europe, expanding to North America.

 

Insectta (Singapore)

Headquarters: Ayer Rajah Crescen, Singapore
Founded: 2018
Employees: Approx. 50
Revenue (2023): ~$6 million
Regional Presence: Asia-Pacific and expanding into Europe.

Insectta is a Singapore-based company that produces insect-based ingredients, including mealworms, for various applications, from food to cosmetics. The company focuses on the sustainable conversion of organic waste into high-quality protein for animal feed, pet food, and other applications.

 

InnovaFeed (France)

Headquarters: Paris, France
Founded: 2016
Employees: Approx. 150
Revenue (2023): Estimated at ~$50 million
Regional Presence: InnovaFeed has expanded its operations to multiple countries, including strategic partnerships in North America and Asia.

InnovaFeed is a French company that specializes in the large-scale production of insect protein, particularly using black soldier flies (BSF). The company focuses on converting organic waste, such as food scraps, into sustainable protein for animal feed, particularly for aquaculture and pets. InnovaFeed's innovative farming system makes use of insect larvae to create protein and fat in a highly sustainable and efficient manner, contributing to reducing the environmental impact of traditional animal farming.

 

EnviroFlight (US)

Headquarters: Ohio, United States
Founded: 2016
Employees: Approx. 50-100 (estimated)
Revenue (2023): Estimated at ~$10 million
Regional Presence: EnviroFlight is focusing on expanding its market share globally.

EnviroFlight is a prominent player in the insect farming industry, specializing in the production of sustainable insect protein from black soldier fly (BSF) larvae. The company focuses on converting organic waste into high-value protein products for use in animal feed, aquaculture, and pet food. EnviroFlight’s innovative approach contributes to the reduction of food waste and the creation of a more sustainable protein source, providing an alternative to traditional livestock farming.

 

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