openPR Logo
Press release

Black Soldier Fly Market Generating Revenue of $4.12 Billion By 2032, At a Booming 32.40% Growth Rate

04-22-2024 11:16 AM CET | Food & Beverage

Press release from: Polaris Market Research

Black Soldier Fly Market

Black Soldier Fly Market

Polaris Market Research has recently published its latest research report titled "Black Soldier Fly Market by Product Type (Protein Meal, Biofertilizers, Whole Dried Larvae, Larvae Oil, Others), Application, Region - Global Forecast to 2032." The study reveals that the market for black soldier fly was valued at USD 330.19 million in 2023 and is projected to grow to USD 4.12 billion By 2032. This industry is projected to exhibit a compound annual growth rate (CAGR) of 32.40% during the forecast period of 2024 to 2032.

๐—š๐—ฒ๐˜ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—˜๐˜…๐—ฐ๐—น๐˜‚๐˜€๐—ถ๐˜ƒ๐—ฒ ๐—ฃ๐——๐—™ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ @ https://www.polarismarketresearch.com/industry-analysis/black-soldier-fly-market/request-for-sample

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—œ๐—ป๐˜๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป

The black soldier fly is a sleek-looking fly that belongs to the family Stratiomyidae. The origins of the fly can be traced back to South America. Nowadays, the black soldier fly is cosmopolitan, found across temperature climates of nations like Africa, Europe, Asia, and America. The name of the fly comes from adult flies, which bear a black color with metallic reflections. Black soldier flies are a good source of animal protein for both humans and animals as they contain a significant amount of protein in their dry state. Besides, these flies can feed on almost any organic waste, making them an apt choice for dealing with discarded foods and agricultural wastes. The larvae of black soldier flies are a good feed source for poultry, fish, and pigs. Also, they can be given to pets like dogs. Furthermore, these flies present significant potential for human consumption.

๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€

Black soldier fly larvae are renowned for their exceptional quality in transforming organic waste. These flies can ingest a variety of organic waste, which includes food waste, animal dung, municipal organic waste, and crop straw. Also, black solider flies can't spread diseases or parasites when utilized in feed, though they consume garbage and rotten food. The numerous environmental benefits of these files are anticipated to drive the black soldier fly market sales in the upcoming years.

๐‘ฉ๐’–๐’š ๐’•๐’‰๐’Š๐’” ๐‘ท๐’“๐’†๐’Ž๐’Š๐’–๐’Ž ๐‘น๐’†๐’”๐’†๐’‚๐’“๐’„๐’‰ ๐‘น๐’†๐’‘๐’๐’“๐’• @ https://www.polarismarketresearch.com/buy/2922/2

๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€

The market for black soldier files is projected to witness competition owing to the rise in key strategic developments such as acquisitions, mergers, and collaborations.

๐—ฆ๐—ผ๐—บ๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—บ๐—ฎ๐—ท๐—ผ๐—ฟ ๐—ฝ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ด๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ถ๐—ป๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ:

โ€ข AgriProtein
โ€ข Bioflytech
โ€ข Enterra Feed Corporation
โ€ข Entofood
โ€ข Entobel Holding
โ€ข EnviroFlight
โ€ข F4F
โ€ข Hexafly
โ€ข InnovaFeed
โ€ข nextProtein
โ€ข Nutrition Technologies Group
โ€ข Protenga
โ€ข Protix B.V.
โ€ข Sfly

Polaris Market Research has segmented the black soldier fly market report based on product type, application, and region:

Black Soldier Fly, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)
โ€ข Protein Meal
โ€ข Biofertilizers (Frass)
โ€ข Whole Dried Larvae
โ€ข Larvae Oil
โ€ข Others (Live, Larvae, Adult, Cocoon, & Pupa)

Black Soldier Fly, Application Outlook (Revenue - USD Billion, 2019 - 2032)
โ€ข Animal Feed
โ€ข Agriculture
โ€ข Pet Food
โ€ข Others

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ @ https://www.polarismarketresearch.com/industry-analysis/black-soldier-fly-market

๐—•๐—น๐—ฎ๐—ฐ๐—ธ ๐—ฆ๐—ผ๐—น๐—ฑ๐—ถ๐—ฒ๐—ฟ ๐—™๐—น๐˜† ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€

โ€ข Protein Meal segment is anticipated to witness the highest growth in the coming years due to its capabilities in providing healthy feed for animals.
โ€ข Animal Feed segment accounted for the largest market share owing to its cost effectiveness compared to other options.
โ€ข APAC is projected to register the largest growth rate in the study period owing to growing waste in the region and sustainable waste management initiatives.
โ€ข Europe is expected to have the fastest growth owing to the shift in consumer preferences towards sustainable proteins.
โ€ข The global players include AgriProtein, Bioflytech, Entofood, Nutrition Technologies Group, Protenga, Protix B.V. & Sfly.

๐™ˆ๐™ค๐™ง๐™š ๐™๐™ง๐™š๐™ฃ๐™™๐™ž๐™ฃ๐™œ ๐™๐™š๐™ฅ๐™ค๐™ง๐™ฉ๐™จ ๐™—๐™ฎ ๐™‹๐™ค๐™ก๐™–๐™ง๐™ž๐™จ ๐™ˆ๐™–๐™ง๐™ ๐™š๐™ฉ ๐™๐™š๐™จ๐™š๐™–๐™ง๐™˜๐™:

Food Safety Testing Market
https://www.openpr.com/news/3426107/food-safety-testing-market-trends-research-report-growth
Alcoholic Beverages Market
https://www.openpr.com/news/3426110/alcoholic-beverages-market-2024-industry-forecasts-analysis
Cheese Powder Market
https://www.openpr.com/news/3426111/cheese-powder-market-size-overview-business-strategies
Baking Ingredients Market
https://www.openpr.com/news/3426115/baking-ingredients-market-2024-industry-size-growth-revenue
L-Carnitine Market
https://www.openpr.com/news/3426120/l-carnitine-market-2024-industry-analysis-size-share

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐˜€:

Polaris Market Research

Phone: +1-929-297-9727

Email: sales@polarismarketresearch.com

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:

Polaris Market Research is a worldwide market research and consulting organization.
We give unmatched nature of offering to our customers present all around the globe across industry verticals.
Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.
We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation,
next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

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 Generating Revenue of $4.12 Billion By 2032, At a Booming 32.40% Growth Rate here

News-ID: 3471548 • Views: โ€ฆ

More Releases from Polaris Market Research

Glycols Market Set for Steady Expansion by 2025: Current Trends, Future Outlook, and Strategic Innovations Through 2032
Glycols Market Set for Steady Expansion by 2025: Current Trends, Future Outlook, โ€ฆ
Glycols Market The glycols market, in terms of revenue, was estimated to be worth USD 48.16 billion in 2024. It is poised to reach USD 89.80 billion by 2034, growing at a CAGR of 6.50% from 2025 to 2034. What Are Glycols? Glycols are a group of organic compounds associated with the alcohol family. They are commonly known as antifreeze and are known to have a sweet taste. They are widely usedโ€ฆ
Exponential Growth Expected for Medical Drones Market With Complete SWOT Analysis by Forecast From 2025 to 2034 |Airbus, DHL, Embention, EHang
Exponential Growth Expected for Medical Drones Market With Complete SWOT Analysi โ€ฆ
Medical Drones Market Medical Drones-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global medical drone market was estimated to be worth USD 360.48 million in 2024 and is predicted to expand to USD 1,697.55 million by 2034, with a CAGR of 16.8% from 2025 to 2034. Report Scope: This comprehensive study provides an accurate overview of the worldwide medical drone industry. Comprehensive analyses of sales volume, price, revenue, market share, and importantโ€ฆ
Gelatin Market In-depth Analysis, Rising Business Opportunities And Estimated Forecast Till 2025-2034
Gelatin Market In-depth Analysis, Rising Business Opportunities And Estimated Fo โ€ฆ
Gelatin Market The gelatin market is expected to gain market growth during the forecast period of 2025-2034. Polaris Market Research analyses the market to account for USD 57.16 billion by 2034 and will grow at a CAGR of 21.2% in the above-mentioned forecast period. The market was valued at USD 8.41 billion in 2024. Market Explanation Gelatin is a commodity made by cooking collagen. It is made almost completely of protein and itsโ€ฆ
Graphene Market Size and Share: Regional and Global Insights 2025-2032
Graphene Market Size and Share: Regional and Global Insights 2025-2032
Graphene Market In 2023, the graphene market was estimated to be worth USD 193.53 million. The market is projected to expand at a compound annual growth rate (CAGR) of 34.9% from USD 260.53 million in 2024 to USD 2,863.17 million by 2032. Report Scope The study focuses on the latest developments, top companies in the sector, market share, revenue, and geographic data to give a complete picture of the market for graphene. Requestโ€ฆ

All 5 Releases


More Releases for Black

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,โ€ฆ
Black is the New Black
Whilst many people avoid using black furnishings and dรฉcor items to avoid darkening the atmosphere and mood, when used with a touch of panache and teamed with the right dรฉcor items, black really can be the last word in snazzy style. A black rug really can be the home dรฉcor equivalent of the little black dress - delivering an elegant and polished sense of style to any seating space.โ€ฆ
BLACK MANAGEMENT WESTERN CAPE HONOURS BLACK EXCELLENCE
MEDIA ADVISORY - For Immediate Release Cape Town, 05 April 2022- The Black Management Forum Western Cape recently celebrated its Black Excellence Awards at a gala dinner at Cape Town's Table Bay Hotel. The annual Black Excellence Awards are intended to inspire both corporate and individual members of the Forum to expand their horizons and strive for excellence in their spheres.ย  At the event, the following trailblazing individuals were recognized for excellingโ€ฆ
Strather Academy Providing Black Wealth Matters Seminars During Black History Mo โ€ฆ
Detroit, Michigan - Motivating the โ€œBlack Wealth Mattersโ€ movement is Herbert J. Strather. He is a Detroit commercial property developer that is proposing to create new urban real estate developers in 2022 within the city of Detroit. Strather was once the president of Motorcity #Casino# and Resort, lead investor of the Woodbridge Estates, the former president of the investment group to remodel the historic St Regis Hotel and have doneโ€ฆ
Black Pepper Market | Black pepper is gaining popularity in traditional medicine โ€ฆ
Major population from all across the world, specifically from the Asian countries, is inclined toward consuming black pepper. One of the key reasons behind this shift is the growing awareness about the health benefits of black pepper. This scenario predicts that the vendors working in the global black pepper market in the tenure of 2019โ€“2029. Black pepper is an unripe fruit popularly known as king of spices. Key reasons for thisโ€ฆ
Global Tire Carbon Black Market 2020-2028 will help current business? | Evonik I โ€ฆ
Carbon black is a form of paracrystalline carbon, which contains 95% of pure carbon and enhances the physical and mechanical properties of a material, making the end product more effective. It is used in manufacturing tires, plastics, mechanical rubber goods, printing inks, and toners. It can absorb UV light and converts it into heat, hence, it finds its major application is also used in insulating wires and cables. Moreover, itโ€ฆ