Global Black Soldier Fly Powder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Black Soldier Fly Powder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Black Soldier Fly Powder market size was valued at USD 25 million in 2023 and is forecast to a readjusted size of USD 107.9 million by 2030 with a CAGR of 23.4% during review period.

Black Soldier Fly Powder, derived from the larvae of Hermetia illucens, offers a sustainable and nutrient-rich solution. Packed with high-quality proteins, vitamins, and minerals, it serves as an eco-friendly feed additive for livestock and aquaculture. Known for its efficient organic waste conversion, this powder supports circular economy practices and holds promise in promoting sustainable agriculture.

Black Soldier Fly Powder, as a sustainable protein source, is gaining attention in the market. The current market size is expanding gradually, with sales showing a steady increase. It is primarily utilized as a high-quality feed additive in livestock and aquaculture. Its unique nutritional composition and environmentally friendly characteristics make it an ideal choice for agriculture and animal farming. In the future, with an increasing emphasis on sustainable development and resource utilization, Black Soldier Fly Powder is poised to find broader applications in the global market, becoming a key factor driving sustainable practices in agriculture and animal husbandry.

The Global Info Research report includes an overview of the development of the Black Soldier Fly Powder industry chain, the market status of Aquaculture (Defatted Insect Powder, Full Fat Insect Powder), Animal Feed (Defatted Insect Powder, Full Fat Insect Powder), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Black Soldier Fly Powder.

Regionally, the report analyzes the Black Soldier Fly Powder markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Black Soldier Fly Powder market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Black Soldier Fly Powder market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Black Soldier Fly Powder industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., Defatted Insect Powder, Full Fat Insect Powder).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Black Soldier Fly Powder market.

Regional Analysis: The report involves examining the Black Soldier Fly Powder market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Black Soldier Fly Powder market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Black Soldier Fly Powder:

Company Analysis: Report covers individual Black Soldier Fly Powder manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Black Soldier Fly Powder This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Aquaculture, Animal Feed).

Technology Analysis: Report covers specific technologies relevant to Black Soldier Fly Powder. It assesses the current state, advancements, and potential future developments in Black Soldier Fly Powder areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Black Soldier Fly Powder market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Black Soldier Fly Powder market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Defatted Insect Powder
Full Fat Insect Powder

Market segment by Application
Aquaculture
Animal Feed
Pet Food

Major players covered
Protix
BioflyTech
Veolia
Nutrition Technologies Group
Darling Ingredients
InnovaFeed
Hexafly
Entobel
Protenga
NextProtein
Biocycle
Bioforte Biotechnology
Guangzhou Unique Biotechnology

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Black Soldier Fly Powder product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Black Soldier Fly Powder, with price, sales, revenue and global market share of Black Soldier Fly Powder from 2019 to 2024.

Chapter 3, the Black Soldier Fly Powder competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Black Soldier Fly Powder breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Black Soldier Fly Powder market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Black Soldier Fly Powder.

Chapter 14 and 15, to describe Black Soldier Fly Powder sales channel, distributors, customers, research findings and conclusion.