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Black Soldier Fly Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

Black Soldier Fly Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Black Soldier Fly Market: By Product Type (Protein Meal, Biofertilizers (Frass), Whole Dried Larvae, Larvae Oil, Chitin/Chitosan, Others (Live, Larvae, Adult, Cocoon, & Pupa)), By Application (Animal Feed, Agriculture, Pet Food, Others) and Geography

 

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Report

Description

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

MARKET SUMMARY
-
33.5%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 33.5%
  • Largest Market– North American
  • Fastest Growing Market– Asia-Pacific

Black Soldier Fly Market

  • The Black Soldier Fly Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The Black Soldier Fly Market is segmented based on product type, application and geography.
Key Players
  • Agriprotein
  • BioflyTech
  • Chonex
  • Enterra Feed Corporation
  • Entobel
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
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Features of the Report

  • 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

segmentation-block-image

Product Type

    • Protein Meal
    • Biofertilizers
    • Whole Dried Larvae
    • Larvae Oil
    • Chitin/Chitosan
    • Others
segmentation-block-image

Application

    • Animal Feed
    • Agriculture
    • Pet Food
    • Others
segmentation-block-image

By Geography

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • MEA
Location

GEOGRAPHY

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

Report

Table Of Content

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) 
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) 
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) 
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) 
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) 
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) 
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) 
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
Report

Company Profile

  • Agriprotein
  • BioflyTech
  • Chonex
  • Enterra Feed Corporation
  • Entobel
  • Entofood Sdn Bhd
  • EnviroFlight Corporation
  • F4F SpA
  • InnovaFeed
  • Insect.Systems
  • Nutrition Technologies Group
  • Protenga Pte Ltd

Description

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.

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