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Demand for Protein Rich Diet Drives the Black Soldier Fly Market

Posted in Agriculture by Adolf on Oct 31,2022 461

With the huge availability of whole insects, growing consumption of insect-based foods, high nutritional value of insects, and the growing demand for environment-friendly, edible insects are consumed as an alternative protein source. Owing to the high nutritional value, easy farming and easy processing, edible insects are roasted, dried and powdered to form a part of various food recipes and products. Besides, the increasing inclination towards fitness and wellness, rising number of health clubs and fitness centres preferring and serving insect powder, the emergence of several start-ups producing insect protein powders, protein bars and shakes, as well as busy lifestyles that demand highly nutritious and convenient foods have become some of the reasons for the demand of this protein rich ingredient.

Also, the growth of the edible insects’ market is driven by the increasing greenhouse gas emissions from the livestock and poultry industries, the high nutritional value of insects, the environmental benefits of consuming edible insects, the rising demand for insect-derived protein in the animal feed industry for alternative proteins due to rising prices of soymeal and fishmeal, and increasing government support for the application of insect meal in livestock feed, and the minimal risk of transmitting zoonotic diseases with the consumption of edible insects. In addition, expansions in developed and emerging economies provide significant opportunities for the growth of the black soldier fly market.

Emerging economies provide significant opportunities for manufacturers in the edible insects’ market. However, non-standardized regulatory framework, psychological and ethical barriers to insects as food, and allergies due to insect consumption are expected to restrain the future growth of this market marginally.

Analysing the Black Soldier Fly (BSF) Market -

The global population is rising exponentially along with economic growth and changing dietary patterns. These factors are expected to support and account for a 70% increase in the demand for livestock products by 2050. The prices of livestock-based products are increasing consistently due to rising feed costs. Presently, feed cost contributes 60–70% to the total livestock production cost. Fish and soybean meal are the major protein sources for feed. However, these sources also cater to human food requirements. Moreover, the availability of fish meals has become limited due to the over-exploitation of marine resources, causing a rapid increase in the cost of these feed ingredients. As a result, the search for sustainable alternatives has led to a growing interest in using black soldier fly (BSF) as a feed ingredient.

An in-depth analysis of the black soldier fly market in 5 major geographies, emphasizes the current market trends, size, share, recent developments and forecast till 2033. In terms of value, the global black soldier fly market is expected to grow 30.5% CAGR from 2022 to reach $3.96 billion by 2033. Whereas, in terms of volume, this market is expected to grow 36.9% CAGR from 2022 to reach 8,003.7 thousand tons by 2033.

However, factors such as a non-standardized regulatory framework across Europe and limited acceptance & approvals for BSFL to be incorporated into the human diet hinder the growth of the overall black soldier fly market. Further, the availability of cheaper substitutes, high cost of skilled labour and risk of disease transmission from BSF challenge the growth of this market.

The study comprehensively analyses the global black soldier fly market concerning various product types and applications. The global black soldier fly market is segmented based on product type (protein meals, whole dried larvae, biofertilizers {frass}, larvae oil, and others), application (animal feed, agriculture, pet food, and other), and geography.

Based on product type, in terms of value, the protein meals segment is estimated to account for the largest share of the global black soldier fly market in 2022. The large share of this market is mainly attributed to the increasing demand for protein meals from animal feed manufacturers, increasing fish and soy meal prices, and government support and approval for an insect meal to be used in animal feed.


Based on application, the animal feed segment is estimated to witness rapid growth during the forecast period. The rapid growth of this segment is mainly attributed to the growing demand for animal-derived products and subsequent increase in the demand for protein-rich animal feed, rising soy meal prices and government approval for BSF to be used as a feed ingredient.

Geographically, the global black soldier fly market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe is expected to account for the largest share of the global black soldier fly market in 2022. The major share of this market is mainly attributed to the growing aquaculture industry, rising awareness of an alternative protein source for use in animal feed and increased fish meal prices.

The key players profiled in the global black soldier fly market report are Protix B.V. (Netherlands), Enterra Feed Corporation (Canada), InnovaFeed (France), EnviroFlight LLC (U.S.), Bioflytech (Spain), Entobel Holding PTE. Ltd. (Singapore), Entofood (Malaysia), Sfly (France), Hexafly (Ireland), F4F (Chile), Nutrition Technologies Group (Malaysia), nextProtein (France), and Protenga Pte Ltd (Singapore), among others.


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