165 0 Kommentare 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 - Seite 3

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Based on the application, the animal feed segment is estimated to witness rapid growth during the forecast period. The fast growth of this market 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 the BSF to be used as a feed ingredient. Also, the growing adoption of insects as an alternative source of protein for animal feed offers immense opportunities for market growth.

Geographically, Asia-Pacific accounted for the largest share of the global black soldier fly market in 2020. The major share of this market is mainly attributed to the increasing consumption of meat and seafood, growing aquaculture industry, rising awareness of BSF as an alternative protein source for use in animal feed, and an increase in fish meal prices.

The key players operating in the global black soldier fly market are AgriProtein (A Part of Insect Technology Group) (England), 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.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/black-soldier-fly-market-5074

Scope of the Report:

Black Soldier Fly Market, by Product Type