openPR Logo
Press release

Black Soldier Fly Market Expected to Reach $2.57 Billion By 2030 with a CAGR of 33.3% by 2030|Market Size, Trends & Analysis

02-07-2020 10:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Meticulous Research

Black Soldier Fly Market

Black Soldier Fly Market

Meticulous Research- leading global market research company published a research report titled "Black Soldier Fly Market by Product Type (Protein Meal, Whole Dried Larvae, Oil, Biofertilizer, Live Insect, Chitin/Chitosan), Application (Animal Feed, Agriculture, Pet Food, Pharmaceutical, and Cosmetics), and Region - Global Forecast to 2030".

According to this latest publication from Meticulous Research, in terms of value, the global black soldier fly market is expected to grow at a CAGR of 33.3% from 2019 to reach $2.57 billion by 2030; whereas, in terms of volume, this market is expected to reach 2,052.9 KT by 2030.

Get Free Sample Copy of this Report:
https://www.meticulousresearch.com/request-sample-report/cp_id=5074
(Note: Sample PDF Download with TOC, Charts, and Graphs)

The high growth of the black soldier fly market is mainly attributed to the increasing global meat demand, growing aquaculture industry, increasing demand from animal feed industry for alternative proteins due to rising prices of soy meal, growing government support for the use of insect meal in livestock feed, and growing investments by key players in the BSF industry. However, factors such as non-standardized regulatory framework across the Europe and limited acceptance and approval for BSFL application in human diet are hindering the growth of this market.

The global black soldier fly market study presents historical market data in terms of value and volume (2017 and 2018), estimated current data (2019), and forecasts for 2030- by product type (protein meal, biofertilizer, whole dried larvae, larvae oil, chitin/chitosan), application (animal feed, agriculture, pet food, and other), and geography. The study also evaluates industry competitors and analyzes the market at the regional and country level.

Based on product, the global black soldier fly market is segmented into protein meal, biofertilizer (frass), whole dried larvae, larvae oil, and chitin and Chitosan. In terms of value, protein meal commanded the largest share of the overall black soldier fly market in 2019. The large share of this market is mainly attributed to increasing demand for protein meal from animal feed manufacturers; rising soy meal prices; and government support and approval for an insect meal to be used in animal feed and pet food. However, in terms of volume, the biofertilizers (frass) segment commanded the largest share of the overall black soldier fly market in 2019, which is mainly attributed to the fact that large quantity of fertilizer is generated during the BSF processing compared to protein meal and oil.

Check complete table of contents with list of table and figures: https://www.meticulousresearch.com/product/black-soldier-fly-market-5074/

Based on application, the global black soldier fly market is mainly segmented into animal feed, agriculture, pet food, and others. In terms of value, animal feed application is estimated to witness a rapid growth in the overall black soldier fly market during the forecast period. The growth of this market is mainly attributed to the growing demand for meat products and subsequent increase in the demand for protein rich animal feed; rising soy meal and fish meal prices; and government approval for the BSF to be used as a feed ingredient. Also, agriculture is expected to command the second largest share of the overall black soldier fly market in 2019.

Geographically, Asia-Pacific region commanded the largest share of the overall black soldier fly market in 2019. The major share of this region is mainly attributed to the increasing consumption of meat and seafood, growing aquaculture industry, rising awareness of BSF as an alternative protein source for the use in animal feed, no regulatory hurdles, and an increase in the prices of fish meal. However, Europe is expected to witness the rapid growth during the forecast period.

Key Players::

Some of the key players operating in the global black soldier market are AgriProtein (South Africa), Bioflytech (Spain), Enterra Feed Corporation (Canada), Entobel (Vietnam), Entofood (Malaysia), Entomo Farm (France), EnviroFlight (U.S.), Hexafly (Ireland), F4F (Chile), Hermetia GmbH (Germany), InnovaFeed (France), Protenga (Malaysia), and Protix (The Netherlands) among others.

Download Sample Report Now !! https://www.meticulousresearch.com/download-sample-report/cp_id=5074

Scope of the Report:

Black Soldier Fly Market by Product Type

Protein Meal
Biofertilizers (Frass)
Whole Dried Larvae
Larvae Oil
Chitin/Chitosan
Others (Live, Larvae, Adult, Cocoon, & Pupa)
Black Soldier Fly Market by Application

Animal Feed
Agriculture
Pet Food
Others
Black Soldier Fly Market by Geography

North America
U.S.
Canada
Europe
The Netherlands
France
U.K.
Germany
Finland
Denmark
Belgium
Rest of Europe (RoE)
Asia-Pacific (APAC)
China
South Korea
Japan
Malaysia
Vietnam
Thailand
Rest of Asia-Pacific (RoAPAC)
Latin America
Middle East and Africa

Make an Enquiry Of This Report:: https://www.meticulousresearch.com/enquire-before-buying/cp_id=5074

Key questions answered in the report-

Which are the high growth market segments in terms of product type, application, and regions?
What are pricing trends for different BSF products across the globe?
What are the regulations affecting the growth of black soldier fly market?
What is the historical market for black soldier fly across the globe?
What are the market forecasts and estimates for the period of 2019-2030?
What are the major drivers, restraints, and opportunities in the global black soldier fly market?
Who are the major players in the global black soldier fly market and what share of the market do they hold?
Who are the major players in various countries and what share of the market do they hold?
How is the competitive landscape?
What are the recent developments in the global black soldier fly market?
What are the different strategies adopted by the major players in the global black soldier fly market?
What are the geographic trends and high growth countries?
Who are the local emerging players in the global black soldier fly market and how do they compete with the other players?

You Can Directly Buy This Report From Here::
https://www.meticulousresearch.com/buy_now.php?pformat=375&vformat=1111

Browse More Reports::

Specialty Yeast Market - Global Opportunity Analysis and Industry Forecast (2019-2025)
https://www.meticulousresearch.com/product/specialty-yeast-market-5032/

Spirulina Market - Global Opportunity Analysis and Industry Forecast (2019-2025)
https://www.meticulousresearch.com/product/spirulina-market-5070/

Contact Us:

Meticulous Research
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

About Meticulous Research

The name of our company defines our services, strengths, and values. Since the inception, we have endeavoured to research, analyze and present the critical market data with great attention to details.

Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Black Soldier Fly Market Expected to Reach $2.57 Billion By 2030 with a CAGR of 33.3% by 2030|Market Size, Trends & Analysis here

News-ID: 1922993 • Views:

More Releases from Meticulous Research

The Cloud Managed Services Market is projected to reach $247.5 billion by 2030
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030, growing at a robust CAGR of 14.2% from 2023 to 2030. This growth is fueled by advancements in cloud technologies, increasing demand in sectors like BFSI and healthcare, and a rising focus on customized and managed cloud services. However, challenges such as high costs, security risks, compliance issues, and limited flexibility may impact market growth. Download free
Language Learning Market Projected to Reach $124.6 Billion by 2031
Meticulous Research® recently published a report titled, "Language Learning Market by Age Group (40 years), Language (English, Mandarin, Spanish, French, German, Italian, Japanese), End User (B2C, B2B), and Geography - Global Forecast to 2031." Download sample report here: https://www.meticulousresearch.com/download-sample-report/cp_id=5561 According to the report, the language learning market is anticipated to reach $124.6 billion by 2031, growing at a CAGR of 10.7% from 2024 to 2031. Key factors fueling this growth
Oncology Information Systems Market to be Worth $4.45 Billion by 2030: Analytica …
Introduction: Meticulous Research® recently released a comprehensive report titled "Oncology Information Systems Market By Offering (Software, Services) Application (Medical, Surgical, Radiology Oncology) End User (Hospital, Diagnostic Imaging Center, Cancer Care Center) - Global Forecast to 2030." The report reveals that the oncology information systems (OIS) market is projected to reach approximately $4.45 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% from 2024. This growth is
IoT Sensors Market to be Worth $56.8 Billion by 2030
IoT Sensors Market to be Worth $56.8 Billion by 2030
Meticulous Research®-a leading global market research company, published a research report titled, 'IoT Sensors Market by Offering (Image Sensors, RFID Sensors, Biosensors, Humidity Sensors, Optical Sensors, Others), Technology (Wired, Wireless), Sector (Manufacturing, Retail, Consumer Electronics, Others), & Geography - Global Forecast to 2030.' According to this latest publication from Meticulous Research®, in terms of value, the IoT sensors market is projected to reach $56.8 billion by 2030, at a CAGR of

All 5 Releases


More Releases for Black

Recycled Black Mass & Black Powder Latest Market Analysis Report 2025
On Mar 3, 2025, Global Info Research released a research report titled "Global Recycled Anode Black Powder Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031". This report provides detailed data analysis of the Recycled Anode Black Powder market from 2020 to 2031. Including the market size and development trends of Recycled Anode Black Powder Market, it analyzes market size indicators such as sales, sales volume, average price
Black Mass Recycling Market Black Gold in Disguise: The Rise of Black Mass Recyc …
Black Mass Recycling Market to reach over USD 51.22 billion by the year 2031 - Exclusive Report by InsightAce Analytic InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Black Mass Recycling Market Size, Share & Trends Analysis Report By Battery Source (Automotive, Industrial, And Portable Batteries), Technology (Hydrometallurgy, Pyrometallurgy), Recovered Metal (Nickel, Cobalt, Lithium, Copper, Manganese), And Application (Automotive, Consumer Electronics, Energy, Aerospace And
"Black To The Future: Black Prosperity & Progress" Event Promises Unforgettable …
As Black History Month comes to a close, the local South Florida Chapters of Startup Grind and Founders Live are proud to join forces to host "Black To The Future: Black Prosperity & Progress," a dynamic celebration of Black achievements and contributions. Scheduled to take place on February 27th, this event promises to be an inspiring and empowering evening that will sell out quickly. Attendees will have the opportunity to immerse
Join the Celebration of Black Music Month with "Black House Black Joy" Podcast a …
FOR IMMEDIATE RELEASE Newark, NJ - "Black House Black Joy" Podcast and WBGO Studios are thrilled to invite the public to a remarkable celebration of Black Music Month, honoring the profound influence of House Music in New Jersey and beyond. This collaborative event promises to be a unique opportunity for individuals to engage with the captivating stories and sounds that have shaped a community and continue to resonate today. At its core,
Black Sci-Fi is the New Black
Black Sci-Fi is the New Black. Black Science Fiction writers & their stories are exploding onto the big screen telling epic tales that captivate and excite. Underfunded and underrepresented, Black writers in the science fiction genre sustain a perilous journey to deliver their precious works to waiting audiences. Beady Beats Music announces acquisition of the latest sci-fi script penned by controversial screenwriter, Saab Lofton. "Hi, I'm a columnist with The Seattle Times,
Black is the New Black
Whilst many people avoid using black furnishings and décor items to avoid darkening the atmosphere and mood, when used with a touch of panache and teamed with the right décor items, black really can be the last word in snazzy style. A black rug really can be the home décor equivalent of the little black dress - delivering an elegant and polished sense of style to any seating space.