openPR Logo
Press release

Meticulous Research® Projects Middle East & Africa Black Soldier Fly Market to Reach $47.88 Million by 2033, Driven by Surge in Demand for Alternative Proteins

08-30-2024 11:12 AM CET | Food & Beverage

Press release from: Meticulous Research®

/ PR Agency: Meticulous Research
August 2024 - Meticulous Research®, a globally recognized market research firm, has released a new report titled, "Middle East & Africa Black Soldier Fly Market by Product, Application, and Country - Forecast to 2033." The report offers a comprehensive analysis of the region's black soldier fly (BSF) market, projecting significant growth over the next decade.

Download Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5649

According to the report, the Middle East & Africa black soldier fly market is poised to grow from its current value, reaching $47.88 million by 2033, with an impressive compound annual growth rate (CAGR) of 20.2% from 2024 to 2033. This market expansion is primarily driven by the increasing adoption of insect-based feeds among farmers and feed processors, rising costs of traditional protein sources such as fish and soy meals, and the rapid growth of the aquaculture sector. However, the limited regulatory approval for incorporating black soldier fly larvae (BSFL) into the human diet may slightly hinder market growth.

Market Segmentation and Key Insights

The report segments the Middle East & Africa black soldier fly market by product, application, and geography:

By Product: The market is divided into protein meals, whole dried larvae, larvae oil, biofertilizers (frass), and other BSF products. The protein meals segment is expected to dominate the market in 2024, driven by high demand from the animal feed industry, rising prices of fish and soy meals, and supportive government regulations for insect meal usage in animal feed.

Check complete table of contents with list of table and figures: https://www.meticulousresearch.com/product/middle-east-and-africa-black-soldier-fly-market-5649

By Application: Key applications include animal feed, agriculture, pet food, and others. The animal feed segment is projected to hold the largest market share due to increasing meat consumption, which in turn fuels the demand for protein-rich feed, along with the growing acceptance of BSF meals as a viable alternative to traditional protein sources.

By Geography: South Africa is anticipated to experience the highest growth rate within the region during the forecast period. This growth is attributed to the country's growing interest in alternative proteins, expanding aquaculture sector, and the willingness of local farmers and feed processors to adopt insect-based feed solutions.

Competitive Landscape

The Middle East & Africa black soldier fly market is moderately competitive, with a mix of global, regional, and local players. Leading companies in this market include BioflyTech (Spain), Entoprotech Ltd (Israel), PROTICYCLE (South Africa), KIMMY FARM (Vietnam), and NovFeed (T) Limited (Tanzania). These companies are at the forefront of innovation, driving the adoption of BSF-based products across various applications.

Quick Buy: https://www.meticulousresearch.com/Checkout/53376511

Key Report Highlights

The report addresses crucial questions and offers insights into:

Current and projected market values and growth rates.
Key factors influencing market growth at the country level.
Major opportunities for both established players and new entrants.
High-growth product segments and applications.
Geographical trends and regions with significant growth potential.
Competitive strategies and recent developments in the market.
For detailed insights and further information, download a sample of the report here.

Request Free Sample PDF Copy Here: https://www.meticulousresearch.com/request-sample-report/cp_id=5649

About Meticulous Research®

Meticulous Research® is a trusted provider of market intelligence, offering detailed research and strategic insights across various industries. Our reports are tailored to help businesses make informed decisions, capitalize on emerging opportunities, and navigate challenges effectively.

For further inquiries, contact:

Meticulous Research®
Email: sales@meticulousresearch.com
Phone: +1-646-781-8004
Connect with us on LinkedIn

Mr. Khushal Bombe
Meticulous Market Research Pvt. Ltd.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

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 Meticulous Research® Projects Middle East & Africa Black Soldier Fly Market to Reach $47.88 Million by 2033, Driven by Surge in Demand for Alternative Proteins here

News-ID: 3640347 • Views:

More Releases from Meticulous Research®

RWE Solutions Market to Reach $6.37 Billion by 2031, Growing at 11.7% CAGR
RWE Solutions Market to Reach $6.37 Billion by 2031, Growing at 11.7% CAGR
Meticulous Research®-a leading global market research company, published a research report titled,'Real-world Evidence Solutions Market Size, Share, Forecast, & Trends Analysis by Component (Datasets [Clinical, Claims, Pharmacy], Services) Application (Market Access, Drug Development & Approvals, PMS) End User - Global Forecast to 2031'. The global RWE solutions market was valued at $2.62 billion in 2023. This market is expected to reach $6.37 billion by 2031 from an estimated $2.94 billion in
Global Corrugated Packaging Market to Hit $206.3 Billion by 2032, Growing at 4.4% CAGR
Global Corrugated Packaging Market to Hit $206.3 Billion by 2032, Growing at 4.4 …
Meticulous Research®-a leading global market research company, published a research report titled, 'Corrugated Packaging Market by Type (Single Wall, Double Wall, Triple Wall), Packaging Type (Slotted, Telescope, Fold Type & Tray), End Use Industry (Food & Beverages, Consumer Products, Pharmaceutical), and Geography - Global Forecast to 2032.' According to this latest publication from Meticulous Research®, the global corrugated packaging market is projected to reach $206.3 billion by 2032, at a CAGR
Regenerative Agriculture Market - Global Opportunity Analysis and Industry Forecast (2025-2032)
Regenerative Agriculture Market - Global Opportunity Analysis and Industry Forec …
As the global agricultural sector faces mounting pressure from climate change, soil degradation, and biodiversity loss, regenerative agriculture is emerging as a transformative solution. Unlike conventional farming, regenerative agriculture goes beyond sustainability-it aims to restore ecosystems, improve soil health, and increase biodiversity while also providing economic resilience to farmers. From multinational agribusinesses to smallholder farms, stakeholders are turning to regenerative practices to future-proof food systems. According to industry estimates, the global
Organic Farming Market - Global Opportunity Analysis and Industry Forecast (2025-2032)
Organic Farming Market - Global Opportunity Analysis and Industry Forecast (2025 …
Organic farming is no longer just a trend-it's becoming a critical part of the global food production system. With growing concerns about food safety, environmental degradation, and the health impact of chemical-based agriculture, consumers and producers alike are shifting toward sustainable, organic alternatives. As this movement gains momentum, the organic farming market is poised for significant growth over the coming years. Market Overview The global organic farming market was valued at approximately

All 5 Releases


More Releases for Africa

ONShine Africa Awareness Expands Through ONSAFX and Develop Africa Partnership
ONSA FX, a forex broker licensed by South Africa's Financial Sector Conduct Authority (FSCA), is extending its social impact through a strategic partnership with Develop Africa, under the umbrella of its social responsibility platform, ONShine Africa. This collaboration focuses on delivering critical educational support to children across Africa and reinforcing ONSA FX's commitment to sustainable development through long-term, values-based initiatives. Develop Africa is a respected nonprofit organization founded in 2006 with
Zetu Africa: Designing a Sustainable Future for Education Across Africa
In the heart of Kampala, Uganda, lies a bustling hub of creativity and purpose: Zetu Africa [https://www.zetuafrica.org/]. This award-winning design company has garnered acclaim not only for its stunning products but also for its unwavering commitment to social and environmental impact. At the core of Zetu's ethos is the belief that design can be a powerful force for positive change, and this belief is reflected in everything they do. Image: https://www.abnewswire.com/uploads/83a984ca8ea183848376ae0ab0fea376.jpg The
Buildexpo Africa – Largest building and construction exhibition returns to Eas …
Buildexpo Africa is the only show with the widest range of the latest technology in building material, mining machines, construction machinery and heavy equipment. At the latest edition of Buildexpo, East Africa's largest building and construction fair, we bring you exhibitors from over 40 countries who are the finest in infrastructure development. Find what suits you best from about 14.3 million business prospects during the three-day event, with over 10,000 products,
South Africa Agriculture Market, South Africa Agriculture Industry, South Africa …
The South Africa has a market-oriented agricultural economy, which is much diversified and includes the production of all the key grains (except rice), deciduous, oilseeds, and subtropical fruits, sugar, wine, citrus, and most vegetables. Livestock production includes sheep, cattle, dairy, and a well-developed poultry & egg industry. Value-added activities in the agriculture sector include processing & preserving of fruit and vegetables, crushing of oilseeds, chocolate, slaughtering, processing & preserving of
Wellness Tourism Market 2019 Future Growth with Worldwide Players: Africawellnes …
Wellness Tourism Market 2019 Industry Research Report provides a detailed Global Wellness Tourism Industry overview along with the analysis of industry’s favorable growth opportunities, the advent of flexible packaging is likely to dampen the market’s growth to an extent. Nevertheless, the increasing number of manufacturers, high demand for management applications, growth of residential & commercial sector and superior strength & corrosion resistance property. Get Sample Copy of this Report -https://www.orianresearch.com/request-sample/904685 Market Overview:
Vizocom Selects iSAT Africa as Its Africa C-band Partner
Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions. Sharjah, UAE, March 02, 2016 -- Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions such as data solutions including C-band VSAT services and