Black Soldier Fly Market
Black Soldier Fly Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Protein Meals, Biofertilizers, Chitin/ Chitosan, Others
- By Application Animal Feed, Agriculture, Pet Food, Pharmaceutical, Cosmetic, Biofuel
- By Region North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2030 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 308.4 Million |
Revenue 2030: | USD 2046.9 Million |
Revenue CAGR (2024 - 2030): | 37.09% |
Volume (2023): | 412.3 Tons |
Volume (2030): | 3872.0 Tons |
Volume CAGR (2023 - 2030): | 45.25% |
Fastest Growing Region (2024 - 2030) | Asia Pacific |
Largest Region (2023): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2018 to 2022 |
3. | Forecast Data | 2024 to 2030 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Black Soldier Fly in terms of revenue?
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The global Black Soldier Fly valued at USD 308.4 Million in 2023 and is expected to reach USD 2046.9 Million in 2030 growing at a CAGR of 37.09%.
Which are the prominent players in the market?
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The prominent players in the market are Protix B.V, InnovaFeed, EnviroFlight LLC, Entobel Holding PTE. Ltd, Bioflytech, Entofood, Hexafly, Sfly, Nutrition Technologies Group, Protenga Pte Ltd..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 37.09% between 2024 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Black Soldier Fly include
- Increasing Need for Sustainable Sources of Protein Will Fuel the Black Soldier Fly Market's Growth
Which region accounted for the largest share in the market?
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Europe was the leading regional segment of the Black Soldier Fly in 2023.