The global insect feed market, valued at USD 1.25 Billion in 2023, is projected to reach USD 3.42 Billion by 2032, growing at a CAGR of 11.8% according to Straits Research, with Asia-Pacific emerging as the largest revenue contributor and expected to grow at a CAGR of 12.3% during the forecast period.
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Global Market Size and CAGR Projections
The insect feed market is experiencing remarkable growth, with projections indicating a substantial expansion from USD 1.25 Billion in 2023 to USD 3.42 Billion by 2032, representing a compound annual growth rate (CAGR) of 11.8% during the forecast period (2024-2032). This growth trajectory is complemented by the parallel expansion of the insect protein market, which was valued at USD 302.38 million in 2024 and is expected to reach USD 1850.93 million by 2033, growing at an even more impressive CAGR of 27.1%.
The market's expansion is driven by increasing recognition of insect feed as a sustainable protein alternative for livestock, pets, and human consumption. Edible insects provide exceptional nutritional value, containing between 50% to 80% of the protein required for animal nutrition in dry form. With over 2,000 edible insect species available—including beetles, caterpillars, bees, ants, grasshoppers, crickets, and flies—the market offers diverse options to address global food security challenges and environmental concerns associated with traditional livestock farming.
Asia-Pacific Market Leadership Analysis
Asia-Pacific dominates the insect feed market, contributing the highest revenue and projected to grow at a CAGR of 12.3% during the forecast period. This regional leadership is anchored in traditional entomophagy practices and accelerated by modern industrial-scale farming developments. In rural China, insect farming provides a distinctive form of livelihood, with companies like Guangzhou Wuliang Biotechnology Co. and Haocheng Mealworms Inc. producing insect feed as alternatives to imported soybeans—a shift partially triggered by US-China trade tensions.
The region holds approximately 24% of the global edible insects market share as of 2025, with Thailand emerging as a cricket farming powerhouse operating over 20,000 small-scale farms supported by government initiatives like the "Insect for Future" program launched in 2024. Countries including Thailand, Indonesia, and China collectively cultivate more than 50 edible insect species, with Japan also increasingly embracing entomophagy as a sustainable protein source. This regional dominance is further strengthened by growing applications in aquaculture, where black soldier fly larvae are increasingly used to feed tilapia and salmon, significantly reducing feed costs while addressing environmental concerns.
To explore detailed insights and sample data, request a free sample of the report here: https://straitsresearch.com/report/insect-feed-market/request-sample
China's Rural Insect Farming Impact
China's rural insect farming sector is undergoing significant transformation amid demographic shifts, with the rural population declining from 42.0% in 2017 to 38.57% in 20201. This transition has catalyzed innovative agricultural practices, with insect farming emerging as a viable alternative livelihood for remaining rural communities. The cultivation of insects requires minimal land, water, and feed inputs compared to traditional livestock, making it particularly suitable for small-scale farmers in resource-constrained environments.
The promotion of insects as food by social and scientific communities in China has created new economic opportunities in rural areas1. These initiatives align with national food security goals while offering sustainable protein alternatives to imported feed ingredients. Local insect farming operations are increasingly integrated into regional supply chains, providing employment opportunities that help stabilize rural economies despite ongoing urbanization pressures.
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