Global Black Soldier Fly Powder Market Growth 2024-2030

Global Black Soldier Fly Powder Market Growth 2024-2030

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.

The global Black Soldier Fly Powder market size is projected to grow from US$ 23 million in 2023 to US$ 114.6 million in 2030; it is expected to grow at a CAGR of 25.4% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Black Soldier Fly Powder Industry Forecast” looks at past sales and reviews total world Black Soldier Fly Powder sales in 2023, providing a comprehensive analysis by region and market sector of projected Black Soldier Fly Powder sales for 2024 through 2030. With Black Soldier Fly Powder 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 Powder industry.

This Insight Report provides a comprehensive analysis of the global Black Soldier Fly Powder 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 Powder 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 Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Black Soldier Fly Powder 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 Powder.

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.

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

Segmentation by type
Defatted Insect Powder
Full Fat Insect Powder

Segmentation by application
Aquaculture
Animal Feed
Pet Food

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
Nutrition Technologies Group
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 Powder market?

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

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

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

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

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