Vertical Insect Farming Market: By Insect Type (Crickets, Mealworms, Black Soldier Fly Larvae, and Others), By Application (Pet Food, Human Food, and Animal Feed), By Technology (Aeroponics, Hydroponics, and Hybrid Systems), By Level of Integration (Fully Integrated Farms, and Decentralized Models), By Company Size (Start Ups & SMEs, and Large Established Companies), and Geography

Vertical Insect Farming Market size was valued at USD 6,439.2 million in 2023 and is poised to grow at a CAGR of 25.3% from 2024 to 2030. The global food system faces a monumental challenge providing enough protein to nourish a growing population while minimizing environmental impact. Traditional livestock production struggles to keep pace with population growth, while simultaneously raising concerns about environmental sustainability. Vertical insect farming, a novel and sustainable solution, is buzzing with potential. In addition, the environmental impact of traditional meat production is a major driver for vertical insect farming. Livestock contributes significantly to greenhouse gas emissions, deforestation, water pollution, and land degradation. Vertical farms require minimal land compared to traditional livestock production. Stacking insect rearing trays maximizes space utilization, allowing for protein production in urban areas or on rooftops. Also, insects require significantly less water than livestock.

Vertical farming systems can further optimize water usage through hydroponic or aeroponic techniques, minimizing water waste. Moreover, black Soldier Fly larvae have the unique ability to convert organic waste streams into valuable protein. This creates a circular bioeconomy approach, reducing waste and creating a sustainable protein source. Furthermore, consumer awareness of environmental issues is driving a shift towards sustainable food choices.  This trend is fueling demand for alternative protein sources. Vertical insect farming offers several advantages such as high-quality protein, scalability, and reduced reliance on traditional meat. However, one of the biggest challenges for vertical insect farming is consumer perception. Entomophobia, the fear of insects, is a significant hurdle.  Many consumers have negative associations with insects, viewing them as pests or unclean.