The insect market for food and feed is forecast to reach an estimated production volume of 3.1M tonnes by 2030. As the EU market for insects opens progressively following the first authorisations of insects as novel foods, the production potential for insects as food is estimated to reach 260,000 tonnes by 2030.[1] 

The future potential of insects as feed is expected to be much greater than for food.  A review of alternative protein sources suggests that, depending on the fish species, fishmeal in aquafeed can be partially replaced by 25-30% insect meal; for Atlantic salmon even up to 100% replacement without compromising quality.  For pigs and poultry, 10% of conventional protein can be replaced by insect meal.[2]

Insect feed production is thus projected to grow at least up to 2.7M tonnes by 2030.[3] In that period, the share of insects intended for use in aquaculture and as pet food are expected to increase, from 50% at present to over 80% of the share of EU insect production as feed.[4]