Global Black Soldier Fly Oil Market Growth 2024-2030

Global Black Soldier Fly Oil Market Growth 2024-2030

Black Soldier Fly Oil is a valuable and sustainable product derived from the larvae of Hermetia illucens. Rich in essential fatty acids, vitamins, and antioxidants, this oil serves various applications in the food, cosmetic, and pharmaceutical industries. Known for its eco-friendly production process, Black Soldier Fly Oil offers a nutrient-dense and environmentally conscious alternative, contributing to the growing demand for sustainable ingredients in diverse sectors.

The global Black Soldier Fly Oil market size is projected to grow from US$ 11 million in 2023 to US$ 44 million in 2030; it is expected to grow at a CAGR of 22.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Black Soldier Fly Oil Industry Forecast” looks at past sales and reviews total world Black Soldier Fly Oil sales in 2023, providing a comprehensive analysis by region and market sector of projected Black Soldier Fly Oil sales for 2024 through 2030. With Black Soldier Fly Oil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Black Soldier Fly Oil industry.

This Insight Report provides a comprehensive analysis of the global Black Soldier Fly Oil landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Black Soldier Fly Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Black Soldier Fly Oil market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Black Soldier Fly Oil and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Black Soldier Fly Oil.

United States market for Black Soldier Fly Oil is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Black Soldier Fly Oil is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Black Soldier Fly Oil is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Black Soldier Fly Oil players cover Protix, BioflyTech, Veolia, Darling Ingredients and InnovaFeed, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Black Soldier Fly Oil market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Feed Grade
Cosmetic Grade

Segmentation by application
Aquaculture
Animal Feed
Pet Food
Cosmetics

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Protix
BioflyTech
Veolia
Darling Ingredients
InnovaFeed
Hexafly
Entobel
Protenga
NextProtein
Biocycle
Bioforte Biotechnology
Guangzhou Unique Biotechnology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Black Soldier Fly Oil market?

What factors are driving Black Soldier Fly Oil market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Black Soldier Fly Oil market opportunities vary by end market size?

How does Black Soldier Fly Oil break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.