DRIED BLACK SOLDIER FLY MARKET OVERVIEW
The global dried black soldier fly (BSF) market is experiencing robust growth, driven by the demand for sustainable protein sources in animal feed, aquaculture, and waste management.
MARKET SIZE AND GROWTH
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MARKET SIZE (2024):
APPROXIMATELY USD 45 MILLION
PROJECTED MARKET SIZE (2032): AROUND USD 307.40 MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 23.80% DURING THE FORECAST PERIOD.
By Type
Dried Full-fat Worm
MARKET SEGMENTATION
Dried Defatted Worms
By Application
Aquaculture
Animal Feed
Pet Food
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
MIDDLE EAST & AFRICA
EUROPE
Gradual adoption in farming sectors. Boosted by eco-friendly agriculture trends.
NORTH AMERICA
Strong growth from sustainable feed demand.
ASIA-PACIFIC
Fastest growth, driven by aquaculture.
KEY PLAYERS
Protix
Veolia BioflyTech
Hexafly
Protenga
