- Protein Meal
- Biofertilizers
- Whole Dried Larvae
- Larvae Oil
- Chitin/Chitosan
- Others
Black Soldier Fly Market size was valued at USD 220.5 million in 2022 and is poised to grow at a CAGR of 33.5% from 2023-2029. 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.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
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.
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, 2018 - 2022 and Forecast, 2023 -2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (Revenue, USD Mn)Â |
| 5.1. Protein Meal |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2022 2028 (Revenue, USD Mn) |
| 6.1. Animal Feed |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (Revenue, USD Mn)Â |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (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, 2018 - 2022 and Forecast, 2023 -2029 (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, 2023 -2029 |
| 8. North America Black Soldier Fly Market Analysis, 2018 - 2022 and Forecast, 2023 -2029 (Revenue, USD Mn)Â |
| 8.1. Product Type Analysis 2018 - 2022 and Forecast 2023 -2029 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 2018 - 2022 and Forecast 2023 -2029 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 2018 - 2022 and Forecast 2023 -2029 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, 2023 -2029 |
| 8.5. North America Black Soldier Fly Market Dynamics Trends |
| 9. Europe Black Soldier Fly Market Analysis, 2018 - 2022 and Forecast, 2023 -2029 (Revenue, USD Mn)Â |
| 9.1. Product Type Analysis 2018 - 2022 and Forecast 2023 -2029 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 2018 - 2022 and Forecast 2023 -2029 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 2018 - 2022 and Forecast 2023 -2029 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, 2023 -2029 |
| 9.5. Europe Black Soldier Fly Market Dynamics Trends |
| 10. Asia-Pacific Black Soldier Fly Market Analysis, 2018 - 2022 and Forecast, 2023 -2029 (Revenue, USD Mn)Â |
| 10.1. Product Type Analysis 2018 - 2022 and Forecast 2023 -2029 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 2018 - 2022 and Forecast 2023 -2029 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 2018 - 2022 and Forecast 2023 -2029 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, 2023 -2029 |
| 10.5. Asia-Pacific Black Soldier Fly Market Dynamics Trends |
| 11. Latin America Black Soldier Fly Market Analysis, 2018 - 2022 and Forecast, 2023 -2029 (Revenue, USD Mn)Â |
| 11.1. Product Type Analysis 2018 - 2022 and Forecast 2023 -2029 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 2018 - 2022 and Forecast 2023 -2029 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 2018 - 2022 and Forecast 2023 -2029 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, 2023 -2029 |
| 11.5. Latin America Black Soldier Fly Market Dynamics Trends |
| 12. Middle East and Africa Black Soldier Fly Market Analysis, 2018 - 2022 and Forecast, 2023 -2029 (Revenue, USD Mn)Â |
| 12.1. Product Type Analysis 2018 - 2022 and Forecast 2023 -2029 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 2018 - 2022 and Forecast 2023 -2029 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 2018 - 2022 and Forecast 2023 -2029 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, 2023 -2029 |
| 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 |