Crickets Market Forecast

The Crickets' Market is on track to grow significantly, with a projected compound annual growth rate (CAGR) of 28.6% from 2022 to 2029, aiming to achieve a value of $3.5 billion by 2029. This growth trajectory is fueled by increasing greenhouse gas emissions from conventional livestock, a surge in the demand for cricket-based food products, and the impressive nutritional profile of crickets. Additionally, expanding economies in Southeast Asia, the Middle East & Africa, and Latin America are anticipated to offer promising opportunities for industry stakeholders. Nonetheless, the market might encounter some obstacles due to inconsistent regulatory standards and societal reluctance towards consuming insects.

Here are the top 10 companies operating in the  Crickets Market 

Kreca (Part of Protifarm Holding NV) (Netherlands)

Kreca operates as a leading producer and processor of insects, catering to both the feed and food sectors. Established in 1981, Kreca has been providing crickets for animal feed through Kreca Ento-Feed BV and for human consumption through Kreca Ento-Food BV since 2007. The company's offerings include whole, freeze-dried, and deep-frozen insects, as well as insect powder. Kreca Ento-Food BV is accredited by the Dutch Food Safety Authorization (NVWA) for the production and sale of edible insects. The company has a broad presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Entomo Farms (Canada)

Entomo Farms specializes in producing cricket flour, powder, and insect proteins. Its product lineup spans various segments, including powder, whole roasted crickets, seasoned snacks, pet food, and frass. Catering to both human and pet markets, Entomo Farms operates globally, with a presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Aspire Food Group (U.S.)

Aspire Food Group is involved in the commercial farming and processing of crickets and other insects for food and feed applications. In the U.S., the company raises crickets on a significant scale, while in Ghana, it focuses on farming palm weevil larvae and supports local farmers in this endeavor. Following the acquisition of Exo in March 2018, Aspire Food Group expanded its product range to include cricket bars, high-protein powder, and roasted crickets. The company operates across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

All Things Bugs, LLC (U.S.)

All Things Bugs, LLC is dedicated to producing and selling finely milled whole cricket powder under the brand 'Griopro.' The company’s processing involves grinding insects into a fine, neutral-flavored powder with a particle size under 100 microns. Its products are available in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Armstrong Cricket Farm (U.S.)

Armstrong Cricket Farm is a pioneer in the cricket farming industry, having begun commercial operations in 1947. The company supplies edible insects for animal feed and offers various insects such as mealworms and waxworms for bait stores and pet shops. Armstrong also provides essential equipment for insect farming and operates primarily within the U.S.

Meticulous Research has forecasted a robust 28.6% growth rate for the Crickets Market from 2022 to 2029.

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Cricket Lab Limited (U.K.)

Cricket Lab Limited is a prominent producer of cricket flour, utilizing state-of-the-art automation and technology. It ranks among the largest cricket processing facilities globally. The company has a wide-reaching market presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Global Bugs Asia Co. Ltd. (Thailand)

Global Bugs Asia engages in the comprehensive production of edible insects, including crickets, cricket powder, snacks, and protein bars. The company oversees all stages from organic farming to processing and sales. Additionally, it operates an online platform for distributor and private label products. The company is active in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

JR Unique Foods (Thailand)

JR Unique Foods focuses on producing insect powder and whole roasted insects, with a Grade A BRC food safety certification. The company offers GMO-free vegetarian-fed crickets and various insect-based foods through Thailand Unique. JR Unique Foods is present in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Protix B.V. (Netherlands)

Protix B.V. specializes in manufacturing insect ingredients for both animal feed and human consumption. The company converts organic waste into protein meals and fats using various insect species. Following its 2017 acquisition of Fair Insects, Protix now includes mealworms, crickets, and grasshoppers in its offerings. Protix operates extensively across Europe, North America, and Asia-Pacific.

Cricket Foods (U.K.)

Cricket Foods produces high-quality cricket-based ingredients, including whole dried crickets and cricket flour, designed for human consumption. The company's products are distributed across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

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