Abstract
Summary
Black Soldier Fly Oil is a valuable and sustainable product derived from the larvae of Hermetia illucens. Rich in essential fatty acids, vitamins, and antioxidants, this oil serves various applications in the food, cosmetic, and pharmaceutical industries. Known for its eco-friendly production process, Black Soldier Fly Oil offers a nutrient-dense and environmentally conscious alternative, contributing to the growing demand for sustainable ingredients in diverse sectors.
The global Black Soldier Fly Oil market size is projected to grow from US$ 11 million in 2023 to US$ 44 million in 2030; it is expected to grow at a CAGR of 22.3% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Black Soldier Fly Oil Industry Forecast” looks at past sales and reviews total world Black Soldier Fly Oil sales in 2023, providing a comprehensive analysis by region and market sector of projected Black Soldier Fly Oil sales for 2024 through 2030. With Black Soldier Fly Oil 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 Oil industry.
This Insight Report provides a comprehensive analysis of the global Black Soldier Fly Oil 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 Oil 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 Oil market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Black Soldier Fly Oil 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 Oil.
United States market for Black Soldier Fly Oil 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 Black Soldier Fly Oil 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 Black Soldier Fly Oil is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Black Soldier Fly Oil players cover Protix, BioflyTech, Veolia, Darling Ingredients and InnovaFeed, 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 Black Soldier Fly Oil market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Feed Grade
Cosmetic Grade
Segmentation by application
Aquaculture
Animal Feed
Pet Food
Cosmetics
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
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 Oil market?
What factors are driving Black Soldier Fly Oil market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Black Soldier Fly Oil market opportunities vary by end market size?
How does Black Soldier Fly Oil break out type, application?
The global Black Soldier Fly Oil market size is projected to grow from US$ 11 million in 2023 to US$ 44 million in 2030; it is expected to grow at a CAGR of 22.3% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Black Soldier Fly Oil Industry Forecast” looks at past sales and reviews total world Black Soldier Fly Oil sales in 2023, providing a comprehensive analysis by region and market sector of projected Black Soldier Fly Oil sales for 2024 through 2030. With Black Soldier Fly Oil 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 Oil industry.
This Insight Report provides a comprehensive analysis of the global Black Soldier Fly Oil 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 Oil 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 Oil market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Black Soldier Fly Oil 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 Oil.
United States market for Black Soldier Fly Oil 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 Black Soldier Fly Oil 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 Black Soldier Fly Oil is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Black Soldier Fly Oil players cover Protix, BioflyTech, Veolia, Darling Ingredients and InnovaFeed, 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 Black Soldier Fly Oil market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Feed Grade
Cosmetic Grade
Segmentation by application
Aquaculture
Animal Feed
Pet Food
Cosmetics
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
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 Oil market?
What factors are driving Black Soldier Fly Oil market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Black Soldier Fly Oil market opportunities vary by end market size?
How does Black Soldier Fly Oil break out type, application?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Black Soldier Fly Oil Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Black Soldier Fly Oil by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Black Soldier Fly Oil by Country/Region, 2019, 2023 & 2030
2.2 Black Soldier Fly Oil Segment by Type
2.2.1 Feed Grade
2.2.2 Cosmetic Grade
2.3 Black Soldier Fly Oil Sales by Type
2.3.1 Global Black Soldier Fly Oil Sales Market Share by Type (2019-2024)
2.3.2 Global Black Soldier Fly Oil Revenue and Market Share by Type (2019-2024)
2.3.3 Global Black Soldier Fly Oil Sale Price by Type (2019-2024)
2.4 Black Soldier Fly Oil Segment by Application
2.4.1 Aquaculture
2.4.2 Animal Feed
2.4.3 Pet Food
2.4.4 Cosmetics
2.5 Black Soldier Fly Oil Sales by Application
2.5.1 Global Black Soldier Fly Oil Sale Market Share by Application (2019-2024)
2.5.2 Global Black Soldier Fly Oil Revenue and Market Share by Application (2019-2024)
2.5.3 Global Black Soldier Fly Oil Sale Price by Application (2019-2024)
3 Global Black Soldier Fly Oil by Company
3.1 Global Black Soldier Fly Oil Breakdown Data by Company
3.1.1 Global Black Soldier Fly Oil Annual Sales by Company (2019-2024)
3.1.2 Global Black Soldier Fly Oil Sales Market Share by Company (2019-2024)
3.2 Global Black Soldier Fly Oil Annual Revenue by Company (2019-2024)
3.2.1 Global Black Soldier Fly Oil Revenue by Company (2019-2024)
3.2.2 Global Black Soldier Fly Oil Revenue Market Share by Company (2019-2024)
3.3 Global Black Soldier Fly Oil Sale Price by Company
3.4 Key Manufacturers Black Soldier Fly Oil Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Black Soldier Fly Oil Product Location Distribution
3.4.2 Players Black Soldier Fly Oil Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Black Soldier Fly Oil by Geographic Region
4.1 World Historic Black Soldier Fly Oil Market Size by Geographic Region (2019-2024)
4.1.1 Global Black Soldier Fly Oil Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Black Soldier Fly Oil Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Black Soldier Fly Oil Market Size by Country/Region (2019-2024)
4.2.1 Global Black Soldier Fly Oil Annual Sales by Country/Region (2019-2024)
4.2.2 Global Black Soldier Fly Oil Annual Revenue by Country/Region (2019-2024)
4.3 Americas Black Soldier Fly Oil Sales Growth
4.4 APAC Black Soldier Fly Oil Sales Growth
4.5 Europe Black Soldier Fly Oil Sales Growth
4.6 Middle East & Africa Black Soldier Fly Oil Sales Growth
5 Americas
5.1 Americas Black Soldier Fly Oil Sales by Country
5.1.1 Americas Black Soldier Fly Oil Sales by Country (2019-2024)
5.1.2 Americas Black Soldier Fly Oil Revenue by Country (2019-2024)
5.2 Americas Black Soldier Fly Oil Sales by Type
5.3 Americas Black Soldier Fly Oil Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Black Soldier Fly Oil Sales by Region
6.1.1 APAC Black Soldier Fly Oil Sales by Region (2019-2024)
6.1.2 APAC Black Soldier Fly Oil Revenue by Region (2019-2024)
6.2 APAC Black Soldier Fly Oil Sales by Type
6.3 APAC Black Soldier Fly Oil Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Black Soldier Fly Oil by Country
7.1.1 Europe Black Soldier Fly Oil Sales by Country (2019-2024)
7.1.2 Europe Black Soldier Fly Oil Revenue by Country (2019-2024)
7.2 Europe Black Soldier Fly Oil Sales by Type
7.3 Europe Black Soldier Fly Oil Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Black Soldier Fly Oil by Country
8.1.1 Middle East & Africa Black Soldier Fly Oil Sales by Country (2019-2024)
8.1.2 Middle East & Africa Black Soldier Fly Oil Revenue by Country (2019-2024)
8.2 Middle East & Africa Black Soldier Fly Oil Sales by Type
8.3 Middle East & Africa Black Soldier Fly Oil Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Black Soldier Fly Oil
10.3 Manufacturing Process Analysis of Black Soldier Fly Oil
10.4 Industry Chain Structure of Black Soldier Fly Oil
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Black Soldier Fly Oil Distributors
11.3 Black Soldier Fly Oil Customer
12 World Forecast Review for Black Soldier Fly Oil by Geographic Region
12.1 Global Black Soldier Fly Oil Market Size Forecast by Region
12.1.1 Global Black Soldier Fly Oil Forecast by Region (2025-2030)
12.1.2 Global Black Soldier Fly Oil Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Black Soldier Fly Oil Forecast by Type
12.7 Global Black Soldier Fly Oil Forecast by Application
13 Key Players Analysis
13.1 Protix
13.1.1 Protix Company Information
13.1.2 Protix Black Soldier Fly Oil Product Portfolios and Specifications
13.1.3 Protix Black Soldier Fly Oil Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Protix Main Business Overview
13.1.5 Protix Latest Developments
13.2 BioflyTech
13.2.1 BioflyTech Company Information
13.2.2 BioflyTech Black Soldier Fly Oil Product Portfolios and Specifications
13.2.3 BioflyTech Black Soldier Fly Oil Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 BioflyTech Main Business Overview
13.2.5 BioflyTech Latest Developments
13.3 Veolia
13.3.1 Veolia Company Information
13.3.2 Veolia Black Soldier Fly Oil Product Portfolios and Specifications
13.3.3 Veolia Black Soldier Fly Oil Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Veolia Main Business Overview
13.3.5 Veolia Latest Developments
13.4 Darling Ingredients
13.4.1 Darling Ingredients Company Information
13.4.2 Darling Ingredients Black Soldier Fly Oil Product Portfolios and Specifications
13.4.3 Darling Ingredients Black Soldier Fly Oil Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Darling Ingredients Main Business Overview
13.4.5 Darling Ingredients Latest Developments
13.5 InnovaFeed
13.5.1 InnovaFeed Company Information
13.5.2 InnovaFeed Black Soldier Fly Oil Product Portfolios and Specifications
13.5.3 InnovaFeed Black Soldier Fly Oil Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 InnovaFeed Main Business Overview
13.5.5 InnovaFeed Latest Developments
13.6 Hexafly
13.6.1 Hexafly Company Information
13.6.2 Hexafly Black Soldier Fly Oil Product Portfolios and Specifications
13.6.3 Hexafly Black Soldier Fly Oil Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Hexafly Main Business Overview
13.6.5 Hexafly Latest Developments
13.7 Entobel
13.7.1 Entobel Company Information
13.7.2 Entobel Black Soldier Fly Oil Product Portfolios and Specifications
13.7.3 Entobel Black Soldier Fly Oil Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Entobel Main Business Overview
13.7.5 Entobel Latest Developments
13.8 Protenga
13.8.1 Protenga Company Information
13.8.2 Protenga Black Soldier Fly Oil Product Portfolios and Specifications
13.8.3 Protenga Black Soldier Fly Oil Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Protenga Main Business Overview
13.8.5 Protenga Latest Developments
13.9 NextProtein
13.9.1 NextProtein Company Information
13.9.2 NextProtein Black Soldier Fly Oil Product Portfolios and Specifications
13.9.3 NextProtein Black Soldier Fly Oil Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 NextProtein Main Business Overview
13.9.5 NextProtein Latest Developments
13.10 Biocycle
13.10.1 Biocycle Company Information
13.10.2 Biocycle Black Soldier Fly Oil Product Portfolios and Specifications
13.10.3 Biocycle Black Soldier Fly Oil Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Biocycle Main Business Overview
13.10.5 Biocycle Latest Developments
13.11 Bioforte Biotechnology
13.11.1 Bioforte Biotechnology Company Information
13.11.2 Bioforte Biotechnology Black Soldier Fly Oil Product Portfolios and Specifications
13.11.3 Bioforte Biotechnology Black Soldier Fly Oil Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Bioforte Biotechnology Main Business Overview
13.11.5 Bioforte Biotechnology Latest Developments
13.12 Guangzhou Unique Biotechnology
13.12.1 Guangzhou Unique Biotechnology Company Information
13.12.2 Guangzhou Unique Biotechnology Black Soldier Fly Oil Product Portfolios and Specifications
13.12.3 Guangzhou Unique Biotechnology Black Soldier Fly Oil Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Guangzhou Unique Biotechnology Main Business Overview
13.12.5 Guangzhou Unique Biotechnology Latest Developments
14 Research Findings and Conclusion