Black Soldier Fly Market Worth $2.57 Billion by 2030

Meticulous Research®– leading global market research company published a research report titled “Black Soldier Fly Market by Product Type (Protein Meal, Whole Dried Larvae, Oil, Biofertilizer, Live Insect, Chitin/Chitosan), Application (Animal Feed, Agriculture, Pet Food, Pharmaceutical, and Cosmetics), and Region - Global Forecast to 2030”. According to this latest publication from Meticulous Research®, in terms of value, the global black soldier fly market is expected to grow at a CAGR of 33.3% from 2019 to reach $2.57 billion by 2030; whereas, in terms of volume, this market is expected to reach 2,052.9 KT by 2030. The high growth of the black soldier fly market is mainly attributed to the increasing global meat demand, growing aquaculture industry, increasing demand from animal feed industry for alternative proteins due to rising prices of soy meal, growing government support for the use of insect meal in livestock feed, and growing investments by key players in the BSF ind

https://www.meticulousresearch.com/press-release/black-soldier-fly-market-2030/416