Black Soldier Fly Market by Product (Protein Meals, Biofertilizers {Frass}, Chitin/ Chitosan, Others {Cocoons, Pupa}), Application (Animal Feed, Agriculture, Pet Food, Pharmaceutical, Cosmetic, Biofuel), and Geography– Global Forecast to 2030
The research report titled “Black Soldier Fly Market by Product (Protein Meals, Biofertilizers {Frass}, Chitin/ Chitosan, Others {Cocoons, Pupa}), Application (Animal Feed, Agriculture, Pet Food, Pharmaceutical, Cosmetic, Biofuel), and Geography– Global Forecast to 2030” provides an in-depth analysis of the black soldier fly market in five major geographies and emphasizes the current market trends, market size, market share, recent developments, and forecast till 2030. The Global Black Soldier Fly Market is expected to reach $3.4 billion by 2030, at a CAGR of 34.7% during the forecast period of 2020 to 2030.


The increasing global meat demand, growing aquaculture industry, increasing demand from the animal feed industry for alternative proteins due to rising prices of soymeal, growing government support for the use of insect meal in livestock feed, and growing investment by key players in the BSF industry are the factors driving the black soldier fly market. However, factors such as non-standardized regulatory framework across Europe hindering the growth of the overall black soldier fly market.

The study offers a comprehensive analysis of the global black soldier fly market concerning various product types and applications. The global black soldier fly market is segmented based on by product type (protein meal, biofertilizer {frass}, whole dried larvae, larvae oil, chitin and derivatives {raw chitin fraction, processed chitin, and processed chitosan}), application (animal feed, agriculture, pet food, and other), and geography.

Based on product type, in terms of value, the protein meals segment accounted for the largest share of the global black soldier fly market in 2020. The large share of this market is mainly attributed to the increasing demand for protein meals from animal feed manufacturers, increasing fish and soy meal prices, and government support and approval for an insect meal to be used in animal feed.

Based on the application, animal feed is estimated to witness rapid growth during the forecast period. The fast growth of this market is mainly attributed to the growing demand for animal-derived products and subsequent increase in the demand for protein-rich animal feed, rising soy meal prices, and government approval for the BSF to be used as a feed ingredient.

Geographically, the global black soldier fly market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe is expected to witness rapid growth during the forecast period due to the high demand for protein-rich animal feed; large supply of waste, including pre-consumer food waste from agriculture and food and beverage sectors; government approval for BSF products to be used in animal feed and pet food; and presence of supportive policies for BSF farming.

The report includes a competitive landscape based on an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past three years (2018–2021). The key players profiled in the global black soldier fly market report are AgriProtein (A Part of Insect Technology Group) (England), Protix B.V. (Netherlands), Enterra Feed Corporation (Canada), InnovaFeed (France), EnviroFlight LLC (U.S.), Bioflytech (Spain), Entobel Holding PTE. Ltd. (Singapore), Entofood (Malaysia), Sfly (France), Hexafly (Ireland), F4F (Chile), Nutrition Technologies Group (Malaysia), nextProtein (France), and Protenga Pte Ltd (Singapore), among others.

Key questions answered in the report-

  • Which are the high growth market segments in terms of the product, application, and countries/regions?
  • What is the historical market for black soldier fly across the globe?
  • What are the market forecasts and estimates for the period of 2020-2027?
  • What are the major drivers, restraints, and opportunities in the global black soldier fly market?
  • Who are the major players in the global 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 recent developments have taken place in the global black soldier fly market?
  • What are the different strategies adopted by the major players in this market?
  • What are the key geographic trends, and which are the high-growth countries?
  • Who are the local emerging players in the global black soldier fly market, and how do they compete with the other market players?