checkAd

Black Soldier Fly (BSF) Market to Reach $3.4 Billion by 2030- Exclusive Report Covering Pre and Post COVID-19 Market Analysis and Forecasts by Meticulous Research

Nachrichtenquelle: PR Newswire (engl.)
16.04.2021, 14:00  |  116   |   |   

LONDON, April 16, 2021 /PRNewswire/ -- According to a new market research report titled "Black Soldier Fly Market by Product (Protein Meals, Biofertilizers {Frass}, Chitin/ Chitosan, Others {Cocoons, Pupa}), Application (Animal Feed, Agriculture, Pet Food, Pharmaceutical, Cosmetic, Biofuel), and Geography– Global Forecast to 2030", published by Meticulous Research, the black soldier fly market is expected to grow at a CAGR of 34.7% from 2020 to 2030 to reach $3.4 billion by 2030.

Meticulous_Research_Logo

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5074

Over the last decade, the world has witnessed enormous growth in the aquaculture sector of many developing countries of Asia and Africa. Nutrition and feeding play a central and essential role in the sustained development of aquaculture. Hence, fertilizers and feed resources are continuing to dominate aquaculture needs. In fish farming, nutrition is critical because feed represents 40-50% of the production cost. Fish nutrition has advanced dramatically in recent years by developing new balanced commercial diets that promote optimal fish growth and health. The essential nutrients for fish growth are amino acids, fatty acids, vitamins, minerals, and energy-yielding macronutrients (protein, lipid, and carbohydrate). Further, it is projected that the aquaculture sector will expand to 93 million tons by 2030 (Source: FAO).

BSF larvae contain high amounts of protein (~40%) and have a well-balanced profile of essential amino acids. Therefore, it can be used as an alternative source of protein for fish feed. Owing to these factors, some countries have approved insect-based meals, such as BSFL, for aquafeed applications. Thus, the growing aquaculture industry and government approvals of insects as aquafeed are expected to spur the demand for BSF in the aquaculture industry.

The growth of the global black soldier fly market is increasing mainly due to expanding global meat demand. Moreover, an increasing number of health-conscious consumers are demanding environmentally safe and chemical-residue-free meat. Such factors are leading meat producers to adopt insect-derived ingredient feed, such as BSFL protein meals. Furthermore, insects are an inexpensive alternative protein source compared to fish and soy meals for animal feed. Hence, insects contribute high-quality and low-price feed for livestock, poultry, and fish.

Seite 1 von 4
Milch jetzt über den Testsieger (Finanztest 11/2020) handeln, ab 0 € auf Smartbroker.de



Wertpapier



0 Kommentare

Schreibe Deinen Kommentar

Bitte melden Sie sich an, um zu kommentieren. Anmelden | Registrieren

 

Disclaimer

Black Soldier Fly (BSF) Market to Reach $3.4 Billion by 2030- Exclusive Report Covering Pre and Post COVID-19 Market Analysis and Forecasts by Meticulous Research LONDON, April 16, 2021 /PRNewswire/ - According to a new market research report titled "Black Soldier Fly Market by Product (Protein Meals, Biofertilizers {Frass}, Chitin/ Chitosan, Others {Cocoons, Pupa}), Application (Animal Feed, Agriculture, Pet …

Nachrichten des Autors

Titel
Titel
Titel
Titel