Global Dried Black Soldier Fly Market Growth 2024-2030
Dried Black Soldier Fly is derived from the larvae of the Hermetia illucens species, renowned for its efficient organic waste conversion. This sustainable and protein-rich product serves various industries, including animal feed and aquaculture. With a nutrient-dense composition, it offers a cost-effective and environmentally friendly alternative. Its versatility, from waste reduction to protein production, positions Dried Black Soldier Fly as a valuable resource in fostering sustainable practices across diverse sectors.
The global Dried Black Soldier Fly market size is projected to grow from US$ 44 million in 2023 to US$ 206.3 million in 2030; it is expected to grow at a CAGR of 24.7% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Dried Black Soldier Fly Industry Forecast” looks at past sales and reviews total world Dried Black Soldier Fly sales in 2023, providing a comprehensive analysis by region and market sector of projected Dried Black Soldier Fly sales for 2024 through 2030. With Dried Black Soldier Fly sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Dried Black Soldier Fly industry.
This Insight Report provides a comprehensive analysis of the global Dried Black Soldier Fly 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 Dried Black Soldier Fly portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Dried Black Soldier Fly market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Dried Black Soldier Fly 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 Dried Black Soldier Fly.
United States market for Dried Black Soldier Fly 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 Dried Black Soldier Fly 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 Dried Black Soldier Fly is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Dried Black Soldier Fly players cover Protix, BioflyTech, Veolia, Nutrition Technologies Group and Darling Ingredients, 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 Dried Black Soldier Fly market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Dried Full-fat Worm
Dried Defatted Worms
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
Hexafly
Protenga
Biocycle
Bioforte Biotechnology
Guangzhou Unique Biotechnology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Dried Black Soldier Fly market?
What factors are driving Dried Black Soldier Fly market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Dried Black Soldier Fly market opportunities vary by end market size?
How does Dried Black Soldier Fly break out type, application?
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