- Protein Meal
- Biofertilizers
- Whole Dried Larvae
- Larvae Oil
- Chitin/Chitosan
- Others
Black Soldier Fly Market size is valued at USD 220.5 million in 2021 and is expected to reach a value of USD 1,666.4 million by 2028, growing at a CAGR of 33.5% during the forecast period 2022 to 2028. The global market provides a detailed overview of the black soldier fly market and that can be segmented by product type and application. By product type, the black soldier fly market has been segmented into protein meal, biofertilizers (frass), whole dried larvae, larvae oil, chitin/chitosan, and others (live, larvae, adult, cocoon, & pupa). The protein meal segment is likely to be the largest and fastest-growing segment in terms of product type. Based on application, the black soldier fly market is segmented into animal feed, agriculture, pet food and others. Among these, the animal feed segment is expected to have the fastest-growing market during the forecast period 2022-2028.
Black Soldier Fly Market Summary
Study Period
2023-29
Base Year
2022
CAGR
33.5%
Largest Market
North American
Fastest Growing Market
Asia-Pacific
Black Soldier Fly Market Drivers
The increased demand for meat around the world, the growing necessity for alternative proteins from the animal feed sector, and the growth of government support for using insect meal as livestock feed are some key factors fostering the market growth.
Europe Got Significant Share
Black Soldier Fly Market
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The black soldier fly market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
- The black soldier fly market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The black soldier fly market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The black soldier fly market report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The black soldier fly market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Black Soldier Fly Market Segmentation
Product Type
Application
- Animal Feed
- Agriculture
- Pet Food
- Others
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
The black soldier fly market is projected to expand at a CAGR of 33.5% during the forecast period
The major players in the global black soldier fly market are Agriprotein, BioflyTech, Chonex, Enterra Feed Corporation, Entobel, Entofood Sdn Bhd, EnviroFlight Corporation, F4F SpA, InnovaFeed, Insect.Systems, Nutrition Technologies Group, and Protenga Pte Ltd.
Europe is the fastest-growing region for black soldier fly market
| 1. Executive Summary |
| 2. Global Black Soldier Fly Market Introduction |
| 2.1. Global Black Soldier Fly Market – Taxonomy |
| 2.2. Global Black Soldier Fly Market –Definitions |
| 2.2.1. Product Type |
| 2.2.2. Application |
| 3. Global Black Soldier Fly Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Black Soldier Fly Market Dynamic Factors - Impact Analysis |
| 3.6. Global Black Soldier Fly Market – Competition Landscape |
| 4. Global Black Soldier Fly Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 |
| 4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Black Soldier Fly Market, By Product Type, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
| 5.1. Protein Meal |
| 5.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Biofertilizers (Frass) |
| 5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Whole Dried Larvae |
| 5.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Larvae Oil |
| 5.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Chitin/Chitosan |
| 5.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Others (Live, Larvae, Adult, Cocoon, & Pupa) |
| 5.6.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6. Global Black Soldier Fly Market Forecast, By Application, 2017 - 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) |
| 6.1. Animal Feed |
| 6.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Agriculture |
| 6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Pet Food |
| 6.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Black Soldier Fly Market Forecast, By Region, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
| 7.1. North America |
| 7.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Black Soldier Fly Market - Opportunity Analysis Index, By Product Type, Application and Region, 2022 - 2028 |
| 8. North America Black Soldier Fly Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
| 8.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Protein Meal |
| 8.1.2. Biofertilizers (Frass) |
| 8.1.3. Whole Dried Larvae |
| 8.1.4. Larvae Oil |
| 8.1.5. Chitin/Chitosan |
| 8.1.6. Others (Live, Larvae, Adult, Cocoon, & Pupa) |
| 8.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Animal Feed |
| 8.2.2. Agriculture |
| 8.2.3. Pet Food |
| 8.2.4. Others |
| 8.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. U.S. |
| 8.3.2. Canada |
| 8.4. North America Black Soldier Fly Market - Opportunity Analysis Index, By Product Type, Application and Country, 2022 - 2028 |
| 8.5. North America Black Soldier Fly Market Dynamics – Trends |
| 9. Europe Black Soldier Fly Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
| 9.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Protein Meal |
| 9.1.2. Biofertilizers (Frass) |
| 9.1.3. Whole Dried Larvae |
| 9.1.4. Larvae Oil |
| 9.1.5. Chitin/Chitosan |
| 9.1.6. Others (Live, Larvae, Adult, Cocoon, & Pupa) |
| 9.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Animal Feed |
| 9.2.2. Agriculture |
| 9.2.3. Pet Food |
| 9.2.4. Others |
| 9.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Poland |
| 9.3.8. Rest of Europe |
| 9.4. Europe Black Soldier Fly Market - Opportunity Analysis Index, By Product Type, Application and Country, 2022 - 2028 |
| 9.5. Europe Black Soldier Fly Market Dynamics – Trends |
| 10. Asia-Pacific Black Soldier Fly Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
| 10.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Protein Meal |
| 10.1.2. Biofertilizers (Frass) |
| 10.1.3. Whole Dried Larvae |
| 10.1.4. Larvae Oil |
| 10.1.5. Chitin/Chitosan |
| 10.1.6. Others (Live, Larvae, Adult, Cocoon, & Pupa) |
| 10.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Animal Feed |
| 10.2.2. Agriculture |
| 10.2.3. Pet Food |
| 10.2.4. Others |
| 10.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Black Soldier Fly Market - Opportunity Analysis Index, By Product Type, Application and Country, 2022 - 2028 |
| 10.5. Asia-Pacific Black Soldier Fly Market Dynamics – Trends |
| 11. Latin America Black Soldier Fly Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
| 11.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Protein Meal |
| 11.1.2. Biofertilizers (Frass) |
| 11.1.3. Whole Dried Larvae |
| 11.1.4. Larvae Oil |
| 11.1.5. Chitin/Chitosan |
| 11.1.6. Others (Live, Larvae, Adult, Cocoon, & Pupa) |
| 11.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Animal Feed |
| 11.2.2. Agriculture |
| 11.2.3. Pet Food |
| 11.2.4. Others |
| 11.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Black Soldier Fly Market - Opportunity Analysis Index, By Product Type, Application and Country, 2022 - 2028 |
| 11.5. Latin America Black Soldier Fly Market Dynamics – Trends |
| 12. Middle East and Africa Black Soldier Fly Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn)Â |
| 12.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Protein Meal |
| 12.1.2. Biofertilizers (Frass) |
| 12.1.3. Whole Dried Larvae |
| 12.1.4. Larvae Oil |
| 12.1.5. Chitin/Chitosan |
| 12.1.6. Others (Live, Larvae, Adult, Cocoon, & Pupa) |
| 12.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Animal Feed |
| 12.2.2. Agriculture |
| 12.2.3. Pet Food |
| 12.2.4. Others |
| 12.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Black Soldier Fly Market - Opportunity Analysis Index, By Product Type, Application, and Country, 2022 - 2028 |
| 12.5. MEA Black Soldier Fly Market Dynamics – Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Product Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Agriprotein |
| 13.2.2. BioflyTech |
| 13.2.3. Chonex |
| 13.2.4. Enterra Feed Corporation |
| 13.2.5. Entobel |
| 13.2.6. Entofood Sdn Bhd |
| 13.2.7. EnviroFlight Corporation |
| 13.2.8. F4F SpA |
| 13.2.9. InnovaFeed |
| 13.2.10. Insect.Systems |
| 13.2.11. Nutrition Technologies Group |
| 13.2.12. Protenga Pte Ltd |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
- Agriprotein
- BioflyTech
- Chonex
- Enterra Feed Corporation
- Entobel
- Entofood Sdn Bhd
- EnviroFlight Corporation
- F4F SpA
- InnovaFeed
- Insect.Systems
- Nutrition Technologies Group
- Protenga Pte Ltd