Mealworms Market Updates

Global Mealworms Market size was valued at USD 170 million in 2023 and is poised to grow from USD 210 million in 2024 to USD 1340 million by 2032, growing at a CAGR of 25.8% during the forecast period (2025-2032).

The mealworms market includes an examination of market competition by company, including an overview, business description, product portfolio, key financials, and so on. Market probability scenarios, a PEST analysis, Porter's Five Forces analysis, supply-chain analysis, and market expansion strategies are also included. 'Ynsect (France) ', 'Protix (Netherlands) ', 'NextProtein (France) ', 'Beta Hatch (USA) ', 'Entomo Farms (Canada) ', 'InnovaFeed (France) ', 'EnviroFlight (USA) ', 'AgriProtein (South Africa) ', 'Insectta (Singapore) ', 'Better Origin (UK) ', 'Mealworm Company (Netherlands) ', 'Kreca Ento-Food BV (Netherlands) ', 'Armstrong Crickets (Canada) ', 'Entobel (Vietnam) ', 'Protenga (Singapore) ', 'Hexafly (Ireland) ', 'Livin Farms (Austria) ', 'Tiny Farms (USA) ', 'Aspire Food Group (Canada) ', 'Nutrition Technologies (Singapore)'

The increasing greenhouse gas emissions from the livestock and poultry industries, the high nutritional value of mealworms, the environmental benefits of edible mealworm consumption, and the lower risk of zoonotic diseases with insect consumption compared to animal-derived products are driving the growth of this market.

Increasing health & wellness trends and rising health awareness, such as the risk of viral infections, cardiovascular disease, liver disease, bone disorders, and an increased risk of certain types of cancer associated with long-term use of animal proteins, have created traction for sustainable protein sources like mealworms. Many vendors are focusing on improving their production capacities, processes, and end products in order to capture this traction in the edible insect industry.

North America, on the other hand, is expected to have the highest CAGR from 2022 to 2030. The growing demand for environmentally friendly protein-rich food is driving this market's rapid growth. Furthermore, growing consumer awareness of insects as food, decreasing food neophobia, and shifting consumer attitudes toward insects as food products are expected to create significant opportunities for the mealworms market to grow.