1. Introduction
1.1. Market Definition & Scope
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Process of Data Collection and Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
3. Executive Summary
3.1. Overview
3.2. Segmental Analysis
3.2.1. Global Black Soldier Fly Market Analysis: by Product
3.2.2. Global Black Soldier Fly Market Analysis: by Application
3.3. Black Soldier Fly Market, by Regional Analysis
3.4. Competitive Landscape & Market Competitors
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Drivers
4.2.1.1. Rising Global Meat Demand
4.2.1.2. Growing Aquaculture Industry
4.2.1.3. Increasing Demand from the Animal Feed Industry for Alternative Proteins Due to Rising Prices of Fish and Soy Meal
4.2.1.4. Increasing Government Support for the Use of Insect Meal in Livestock Feed
4.2.2. Restraints
4.2.2.1. Non-Standardized Regulatory Framework Across the Europe
4.2.2.2. Limited Acceptance and Approvals for BSFL to be Incorporated into the Human Diet
4.2.3. Opportunities
4.2.3.1. Expansion in Emerging & Developed Economies
4.2.4. Challenges
4.2.4.1. Availability of Cheaper Substitutes
4.2.4.2. High Cost of Skilled Labor
4.2.4.3. Risk of Disease Transmission from BSF
4.3. Regulatory Analysis
4.3.1. North America
4.3.2. Europe
4.3.3. Asia-Pacific
4.3.4. Rest of the World
4.4. Porter’s Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of Substitutes
4.4.4. Threat of New Entrants
4.4.5. Degree of Competition
4.5. SWOT Analysis
4.6. Marketing Mix and Strategies
4.6.1. Pricing Strategy
4.6.2. Product Approvals
4.6.3. Expansion Plans
5. BSF Processing
5.1. Overview
5.1.1. Feedstock Preparation
5.1.2. Rearing Units
5.1.2.1. BSF: Life Cycle
5.1.3. Processing Units
5.1.3.1. BSF Oil Extraction Process
5.1.3.1.1. Processing Method
5.1.3.1.2. Processing Equipment
5.1.3.2. Protein Extraction Process
5.1.3.2.1. Processing Method
5.1.3.2.2. Processing Equipment
5.1.4. Storage
6. Cost Analysis
6.1. BSF Farms Operating Cost Analysis, by Farm Capacity
6.2. Pricing Analysis, by Product, by Country
6.2.1. Protein Meal
6.2.2. Biofertilizer (Frass)
6.2.3. Whole Dried Larvae
6.2.4. Larvae Oil
6.2.5. Others (Live- Larvae, Adult, Cocoon, Pupa)
7. Opportunity Analysis: BSF-Derived Chitin and Chitosan
7.1. BSF-Derived Chitin Trends
7.2. Chitin/Chitosan
7.2.1. Pricing Analysis
7.2.2. Potential Use of Chitin and Chitosan in Industrial Applications
8. Black Soldier Fly Market Assessment—by Product
8.1. Overview
8.2. Protein Meals
8.3. Whole Dried Larvae
8.4. Biofertilizers (Frass)
8.5. Larvae Oil
8.6. Other BSF Products
9. Black Soldier Fly Market Assessment—by Application
9.1. Overview
9.2. Animal Feed
9.3. Agriculture
9.4. Pet Food
9.5. Other Applications
10. Black Soldier Fly Market Assessment—by Geography
10.1. Overview
10.2. Europe
10.2.1. Netherlands
10.2.2. France
10.2.3. U.K.
10.2.4. Germany
10.2.5. Finland
10.2.6. Denmark
10.2.7. Belgium
10.2.8. Rest of Europe (RoE)
10.3. Asia-Pacific
10.3.1. China
10.3.2. South Korea
10.3.3. Japan
10.3.4. Malaysia
10.3.5. Vietnam
10.3.6. Thailand
10.3.7. Rest of Asia-Pacific (RoAPAC)
10.4. North America
10.4.1. U.S.
10.4.2. Canada
10.5. Latin America
10.6. Middle East & Africa
11. Competition Analysis
11.1. Overview
11.2. Key Growth Strategies
11.3. Competitive Benchmarking
11.4. Competitive Dashboard
11.4.1. Industry Leaders
11.4.2. Market Differentiators
11.4.3. Vanguards
11.4.4. Emerging Companies
12. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)
12.1. Protix B.V.
12.2. InnovaFeed SAS
12.3. Enviroflight, LLC
12.4. Nutrition Technologies Group
12.5. BIOFLYTECH S.L.
12.6. Entobel Holding PTE. Ltd.
12.7. Entofood Sdn Bhd
12.8. SFly Comgraf SAS
12.9. Hexafly
12.10. F4F SpA
12.11 Protenga Pte Ltd
12.12. nextProtein SA
13. Emerging Start-ups
13.1. BugEra
13.2. Entoprotech Ltd
13.3. INSECTTA PTE. LTD.
13.4. Entosystem Inc.
13.5. Other Emerging Start-ups
14. Appendix
14.1. Available Customization
14.2. Related Reports
List of Tables
Table 1 World Protein Production Outlook Until 2050
Table 2 North America: Insect Application and Approval Status
Table 3 Europe: Insect Application and Approval Status
Table 4 Asia-Pacific: Insect Application and Approval Status
Table 5 Processing Parameters for Dry and Wet Processing Methods of BSFL
Table 6 North America: Average Operating Cost of BSF Farms Per Day, by Farm Capacity (USD)
Table 7 Europe: Average Operating Cost of BSF Farms Per Day, by Farm Capacity (USD)
Table 8 Asia-Pacific: Average Operating Cost of BSF Farms Per Day, by Farm Capacity (USD)
Table 9 Latin America: Average Operating Cost of BSF Farms Per Day, by Farm Capacity (USD)
Table 10 Middle East & Africa: Average Operating Cost of BSF Farms Per Day, by Farm Capacity (USD)
Table 11 Average Selling Prices for Protein Meal, by Country/Region, 2023–2033 (USD/Ton)
Table 12 Average Selling Prices of Biofertilizers (Frass), by Country/Region, 2023–2033 (USD/Ton)
Table 13 Average Selling Prices of Whole Dried Larvae, by Country/Region, 2023–2033 (USD/Ton)
Table 14 Average Selling Prices of Larvae Oil, by Country/Region, 2023–2033 (USD/Ton)
Table 15 Average Selling Prices of Other BSF Products, by Country/Region, 2023–2033 (USD/Ton)
Table 16 Chitin/Chitosan Market, by Country/Region, 2025—2033 (USD Thousands)
Table 17 Chitin/Chitosan Market, by Country/Region, 2025—2033 (Tons)
Table 18 Average Selling Prices of Other BSF Products, by Country/Region, 2023–2033 (USD/Ton)
Table 19 Global Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 20 Global Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 21 Black Soldier Fly Protein Meals Market, by Country/Region, 2021–2033 (USD Thousands)
Table 22 Black Soldier Fly Protein Meals Market, by Country/Region, 2021–2033 (Tons)
Table 23 Black Soldier Fly Whole Dried Larvae Market, by Country/Region, 2021–2033 (USD Thousands)
Table 24 Black Soldier Fly Whole Dried Larvae Market, by Country/Region, 2021–2033 (Tons)
Table 25 Black Soldier Fly Biofertilizers (Frass) Market, by Country/Region, 2021–2033 (USD Thousands)
Table 26 Black Soldier Fly Biofertilizers (Frass) Market, by Country/Region, 2021–2033 (Tons)
Table 27 Black Soldier Fly Larvae Oil Market, by Country/Region, 2021–2033 (USD Thousands)
Table 28 Black Soldier Fly Larvae Oil Market, by Country/Region, 2021–2033 (Tons)
Table 29 Other Black Soldier Fly Products Market, by Country/Region, 2021–2033 (USD Thousands)
Table 30 Other Black Soldier Fly Products Market, by Country/Region, 2021–2033 (Tons)
Table 31 Global Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 32 Black Soldier Fly Market for Animal Feed, by Country/Region, 2021–2033 (USD Thousands)
Table 33 Black Soldier Fly Market for Agriculture, by Country/Region, 2021–2033 (USD Thousands)
Table 34 Black Soldier Fly Market for Pet Food, by Country/Region, 2021–2033 (USD Thousands)
Table 35 Black Soldier Fly Market for Other Applications, by Country/Region, 2021–2033 (USD Thousands)
Table 36 Global Black Soldier Fly Market, by Country/Region, 2021–2033 (USD Thousands)
Table 37 Global Black Soldier Fly Market, by Country/Region, 2021–2033 (Tons)
Table 38 Europe: Black Soldier Fly Market, by Country/Region, 2021–2033 (USD Thousands)
Table 39 Europe: Black Soldier Fly Market, by Country/Region, 2021–2033 (Tons)
Table 40 Europe: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 41 Europe: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 42 Europe: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 43 Netherlands: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 44 Netherlands: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 45 Netherlands: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 46 France: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 47 France: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 48 France: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 49 U.K.: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 50 U.K.: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 51 U.K.: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 52 Germany: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 53 Germany: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 54 Germany: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 55 Finland: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 56 Finland: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 57 Finland: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 58 Denmark: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 59 Denmark: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 60 Denmark: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 61 Belgium: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 62 Belgium: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 63 Belgium: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 64 Rest of Europe: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 65 Rest of Europe: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 66 Rest of Europe: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 67 Asia-Pacific: Black Soldier Fly Market, by Country/Region, 2021–2033 (USD Thousands)
Table 68 Asia-Pacific: Black Soldier Fly Market, by Country, 2021–2033 (Tons)
Table 69 Asia-Pacific: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 70 Asia-Pacific: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 71 Asia-Pacific: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 72 China: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 73 China: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 74 China: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 75 South Korea: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 76 South Korea: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 77 South Korea: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 78 Japan: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 79 Japan: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 80 Japan: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 81 Malaysia: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 82 Malaysia: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 83 Malaysia: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 84 Vietnam: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 85 Vietnam: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 86 Vietnam: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 87 Thailand: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 88 Thailand: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 89 Thailand: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 90 Rest of Asia-Pacific: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 91 Rest of Asia-Pacific: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 92 Rest of Asia-Pacific: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 93 Top 10 Largest Animal Feed Manufacturers in the U.S., 2022
Table 94 North America: Black Soldier Fly Market, by Country/Region, 2021–2033 (USD Thousands)
Table 95 North America: Black Soldier Fly Market, by Country, 2021–2033 (Tons)
Table 96 North America: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 97 North America: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 98 North America: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 99 U.S.: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 100 U.S.: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 101 U.S.: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 102 Canada: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 103 Canada: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 104 Canada: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 105 Latin America: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 106 Latin America: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 107 Latin America: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 108 Middle East & Africa: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 109 Middle East & Africa: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 110 Middle East & Africa: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 111 Number of Developments by the Major Players During 2020-2023
Table 112 BSF Production Capacity, by Key Players
List of Figures
Figure 1 Research Process
Figure 2 Secondary Sources Referenced for this Study
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 6 Market Sizing and Growth Forecast Approach
Figure 7 In 2023, the Protein Meal Segment to Dominate the Black Soldier Fly Market
Figure 8 In 2023, the Animal Feed Segment to Dominate the Black Soldier Fly Market
Figure 9 Europe to Dominate the Global Black Soldier Fly Market
Figure 10 Impact Analysis of Market Dynamics
Figure 11 World Population Growth, 2010 Vs. 2050
Figure 12 Contribution of Seafood Supply, 2010 to 2030
Figure 13 North America: Regulatory Approval for Insect Use in Animal Feed, 2022
Figure 14 Europe: Regulatory Approval for Insect Use in Animal Feed, 2022
Figure 15 Asia-Pacific: Regulatory Approval for Insect Use in Animal Feed, 2022
Figure 16 Porter’s Five Forces Analysis: Global BSF Market
Figure 17 SWOT Analysis: Global BSF Market
Figure 18 Steps Involved in BSF Processing
Figure 19 Life Cycle of the BSF
Figure 20 Processing of BSF Insect Oil
Figure 21 Processing of BSF Insect Protein
Figure 22 Average Selling Prices of Protein Meal, by Country/Region, 2023–2033 (USD/Ton)
Figure 23 Average Selling Prices of Biofertilizer (Frass), by Country/Region, 2023–2033 (USD/Ton)
Figure 24 Average Selling Prices of Whole Dried Larvae, by Country/Region, 2023–2033 (USD/Ton)
Figure 25 Average Selling Prices of BSF Insect Oil, by Country/Region, 2023–2033 (USD/Ton)
Figure 26 Average Selling Prices of Other BSF Products, by Country/Region, 2023–2033 (USD/Ton)
Figure 27 SWOT Analysis: BSF-Derived Chitin & Chitosan Industry
Figure 28 Commonly Suggested Market Disruption Strategies for BSF-Derived Chitin & Chitosan
Figure 29 Average Selling Prices of Other BSF Products, by Country/Region, 2025–2033 (USD/Ton)
Figure 30 Global Black Soldier Fly Market, by Product, 2023 Vs. 2033 (USD Thousands)
Figure 31 Global Black Soldier Fly Market, by Product, 2023 Vs. 2033 (Tons)
Figure 32 Global Black Soldier Fly Market, by Application, 2023 Vs. 2033 (USD Thousands)
Figure 33 Global Black Soldier Fly Market, by Country/Region, 2023 Vs. 2033 (USD Thousands)
Figure 34 Global Black Soldier Fly Market, by Country/Region, 2023 Vs. 2033 (Tons)
Figure 35 Europe: Black Soldier Fly Market Snapshot (2023)
Figure 36 Asia-Pacific Fish Meal Production, by Country, 2021 (1,000 MT)
Figure 37 Asia-Pacific: Black Soldier Fly Market Snapshot (2023)
Figure 38 North America Poultry Industry Insights, 2020
Figure 39 North America: Black Soldier Fly Market Snapshot (2023)
Figure 40 Latin America: Black Soldier Fly Market Snapshot (2023)
Figure 41 Middle East & Africa: Black Soldier Fly Market Snapshot (2023)
Figure 42 Key Growth Strategies Adopted by Leading Players, 2020-2023
Figure 43 Competitive Benchmarking of Key Players, by Product Offering
Figure 44 Protix B.V.: Major Product Category
Figure 45 Protix B.V. Fundings
Figure 46 Innovafeed SAS: Major Product Category
Figure 47 Innovafeed SAS Fundings
Figure 48 Enviroflight, LLC: Major Product Category
Figure 49 Nutrition Technologies Group: Major Product Category
Figure 50 Nutrition Technologies Group Fundings