Black Soldier Fly Market by Product, by Application, and Geography - Global Forecast to 2033 (Business Opportunities - Advertising Service)

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Black Soldier Fly Market by Product, by Application, and Geography - Global Forecast to 2033


Black Soldier Fly Market by Product (Protein Meals, Whole Dried Larvae, Biofertilizers {Frass}, Larvae Oil, Others {Cocoons, Pupa}), Application (Animal Feed, Agriculture, Pet Food, Others), and Geography– Global Forecast to 2033
The research report titled “Black Soldier Fly Market by Product (Protein Meals, Whole Dried Larvae, Biofertilizers {Frass}, Larvae Oil, Others {Cocoons, Pupa}), Application (Animal Feed, Agriculture, Pet Food, Others), and Geography– Global Forecast to 2033” provides an in-depth analysis of the black soldier fly market in five major geographies and emphasizes the current market trends, market size, market share, recent developments, and forecast till 2033. In terms of value, the global black soldier fly market is expected to grow 30.5% CAGR from 2022 to reach $3.96 billion by 2033. Whereas, in terms of volume, this market is expected to grow 36.9% CAGR from 2022 to reach 8,003.7 thousand tons by 2033.

This market is mainly driven by rising global meat demand, growing aquaculture industry, increasing demand from the animal feed industry for alternative proteins due to rising prices of soymeal and fishmeal, and increasing government support for the application of insect meal in livestock feed. In addition, expansions in developed and emerging economies provide significant opportunities for the growth of the black soldier fly market.

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Target State: Maharashtra
Target City : Navi Mumbai
Last Update : 29 July 2022 10:15 AM
Number of Views: 59
Item  Owner  : vidhya
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2023-03-30 (0.466 sec)