Thailand's edible insect market poised for explosive growth


- Photo: The Nation/ANN

BANGKOK: Thailand is positioning itself to capitalise on the rapidly expanding global edible insect market, which experts predict will grow by 25.1% annually between 2025 and 2030, as consumers worldwide increasingly turn to sustainable protein alternatives.

Already ranked as the world's sixth-largest insect exporter, Thailand's deep-rooted expertise in insect farming and growing domestic market acceptance provide a solid foundation for expansion in this emerging sector.

The shift toward insect protein comes as environmentally conscious consumers seek alternatives to traditional livestock farming, which generates approximately 14.5% of global greenhouse gas emissions.

- Photo: The Nation/ANN- Photo: The Nation/ANN

By comparison, insect farming produces remarkably lower environmental impacts:

- Producing one kilogram of insect protein generates just one kilogram of CO₂ equivalent—27 to 40 times less than conventional livestock

- Requires 5-13 times less water and feed than cattle, pigs, and chickens

- Can operate in limited spaces with significantly higher efficiency

"Thailand has a competitive advantage with our rich heritage of catching, farming, and cooking a diverse range of edible insects," says Kasikorn Research Center in its latest market analysis.

"The nation already produces over 7,000 tonnes of these 'economic insects' annually."

While rising global temperatures pose challenges for traditional livestock—potentially reducing yields by up to 38%—many insect species actually thrive in warmer climates, potentially accelerating production cycles.

This climate resilience could further strengthen Thailand's position in the global market as traditional protein production faces increasing challenges from climate change.

For Thai farmers, insect farming represents a potentially lucrative opportunity:

- Initial investment for a basic cricket farm ranges from 45,000 to 75,000 baht

- Fresh insect sales can generate profits between 9,600 and 37,000 baht annually

- Processing insects into flour could increase profits to 260,000 baht per year

- Land-use efficiency can generate up to 9,300 baht per square meter—significantly higher than the 1,500 baht per square meter from broiler chickens or dairy cows

Market Growth and Challenges

The global edible insect market, valued at US$1.35 billion in 2024, is gaining traction particularly in Europe, the Americas, and East Asia.

Insects are increasingly being utilised in protein powders, bars, and as ingredients in animal feed.

Thailand currently accounts for 6% of the world's total insect export value (approximately US$586,000), with the United States as the primary destination market.

Despite this potential, consumer acceptance remains a significant hurdle, with unfamiliarity and food safety concerns presenting obstacles to widespread adoption. The broader impacts of large-scale production also require careful monitoring.

Nevertheless, with appropriate government support and promotion of both domestic consumption and exports, Thailand's edible insect sector could become a cornerstone of a more sustainable food system, generating substantial income while reducing environmental impacts.

"With our combination of local knowledge, favorable climate, and alignment with global sustainability trends, Thailand is uniquely positioned to become a leader in this growing market," the research concludes. - The Nation/ANN

 

 

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