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Middle East & Africa Black Soldier Fly Market
Middle East & Africa Black Soldier Fly Market by Product (Protein Meals, Whole Dried Larvae, Biofertilizers (Frass), Larvae Oil, Other BSF Products); Application (Animal Feed, Agriculture, Pet food, Other Applications); and Country – Forecast to 2033
Report ID:MRFB - 104966 Pages: 200 Jul-2024 Formats*: PDF Category: Food and Beverages Delivery: 24 to 72 HoursThe Middle East & Africa Black Soldier Fly Market is slated to register a CAGR of 20.2% from 2024 to 2033 to reach $47.88 Million by 2033. Black Soldier Fly (Hermetia illucens) is a revolutionary insect species that provides a feed industry solution with an alternative meal source. Black Soldier Fly Larvae (BSFL) can grow on organic waste and convert the manure into high protein and lipids. It is rich in protein (40-44%) and lipid (7-36%) and has emerged as the cheaper protein alternative source for animal feed applications. The growth of the Middle East & Africa black soldier fly market is mainly attributed to the high willingness of feed processors and farmers to integrate insects in their feeds, increasing demand from the animal feed industry for alternative proteins due to rising prices of fish and soy meal, and growing aquaculture industry.
However, limited acceptance and approvals for BSFL to be incorporated into the human diet are expected to hinder the growth of this market to some extent.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategic developments by leading market participants in the industry. Some of the key players operating in the Middle East & Africa black soldier fly market are BioflyTech (Spain), Entoprotech Ltd (Israel), PROTICYCLE (South Africa), KIMMY FARM (Vietnam), and NovFeed (T) Limited (Tanzania), among other local players.
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Growing Aquaculture Industry
Over the last decade, the region has witnessed enormous growth in the aquaculture sector of many developing countries in the Middle East & Africa. Nutrition and feeding play a central and essential role in the sustained development of aquaculture. Hence, feed resources continue to dominate aquaculture needs. In fish farming, nutrition is critical because feed represents 40-50% of the production costs. Fish nutrition has advanced dramatically by developing new balanced commercial diets promoting 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).
BSF larvae contain high amounts of protein (~40%) and have a well-balanced profile of essential amino acids, such as BSF, which is rich in methionine and lysine (9.05 and 22.3 g/kg DM, respectively). 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 aqua feed applications.
Thus, the growing aquaculture industry and rising demand for alternative protein for aqua feed spur growth opportunities for BSF manufacturers in the Middle East & Africa.
Key Findings in the Middle East & Africa Black Soldier Fly Market Study:
In 2024, the Protein Meals Segment to Dominate the Middle East & Africa Black Soldier Fly Market
Based on product, the Middle East & Africa black soldier fly market is segmented into whole dried larvae, oil, protein meals, biofertilizers (frass), and other BSF products. In 2024, the protein meals segment is expected to dominate the Middle East & Africa black soldier fly market. The large market share of this segment is attributed to the increasing demand for protein meals from the animal feed industry, increased fish meal & soy meal prices, and government support & approval for insect meal to be used in animal feed.
The Animal Feed Segment is Expected to Account for the Largest Share of the Middle East & Africa Black Soldier Fly Market
Based on application, the Middle East & Africa black soldier fly market is segmented into agriculture, animal feed, pet food, and other applications. In 2024, the animal feed segment is expected to account for the largest share of the Middle East & Africa black soldier fly market. The large share of this segment is mainly attributed to the growing demand for meat products and subsequent increase in the demand for protein-rich animal feed, rising soy meal prices, and high adoption of BSF meal in the animal feed industry.
South Africa is Expected to Register the Highest CAGR During the Forecast Period
The Middle East & Africa black soldier fly market is segmented into countries: Saudi Arabia, United Arab Emirates (UAE), South Africa, and Rest of the Middle East & Africa. South Africa is slated to register the highest CAGR during the forecast period. The growth of this country's market is mainly attributed to factors such as the emerging trend of adopting alternative protein, increasing demand for aquaculture and animal feed, and the high willingness of feed processors and farmers to integrate insects into their feeds.
Scope of the Report:
Middle East & Africa Black Soldier Fly Market Assessment, by Product
- Protein Meals
- Whole Dried Larvae
- Biofertilizers (Frass)
- Larvae Oil
- Other BSF Products
Middle East & Africa Black Soldier Fly Market Assessment, by Application
- Animal Feed
- Agriculture
- Pet Food
- Other Applications
Middle East & Africa Black Soldier Fly Market Assessment, by Country
- Saudi Arabia
- United Arab Emirates (UAE)
- South Africa
- Tanzania
- Kenya
- Congo
- Uganda
- Zimbabwe
- Madagascar
- Rest of the Middle East & Africa
Key Questions Answered in the Report:
The Middle East & Africa black soldier fly market is projected to reach $47.88 million by 2033, at a CAGR of 20.2% from 2024 to 2033.
The protein meals segment is expected to account for the largest share of the Middle East & Africa black soldier fly market.
The animal feed applications segment is slated to register the highest CAGR during the forecast period and provide significant opportunities for players operating in this market.
- High Willingness of Feed Processors and Farmers to Integrate Insects in Their Feeds
- Increasing Demand from the Animal Feed Industry for Alternative Proteins Due to Rising Prices of Fish and Soy Meal
- Growing Aquaculture Industry.
- Limited Acceptance and Approvals for BSFL to be Incorporated into the Human Diet
The major key players operating in the Middle East & Africa black soldier fly market are BioflyTech (Spain), Entoprotech Ltd (Israel), PROTICYCLE (South Africa), KIMMY FARM (Vietnam), and NovFeed (T) Limited (Tanzania).
South Africa is slated to register the highest CAGR during the forecast period. The growth of this country's market is mainly attributed to factors such as the emerging trend of adopting alternative protein, increasing demand for aquaculture and animal feed, and the high willingness of feed processors and farmers to integrate insects into their feeds.
1. Market Definition & Scope
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
2.5. Limitations of the Study
3. Executive Summary
3.1. Overview
3.2. Segment Analysis
3.2.1. Middle East & Africa Black Soldier Fly Market Assessment—by Product
3.2.2. Middle East & Africa Black Soldier Fly Market—by Application
3.3. Middle East & Africa Black Soldier Fly Market: Geographical Analysis
3.4. Competitive Landscape & Market Competitors
4. Market Insights
4.1. Overview
4.2. Drivers
4.2.1. The High Willingness of Feed Processors and Farmers to Integrate Insects in their Feeds
4.2.2. Increasing Demand from the Animal Feed Industry for Alternative Proteins Due to Rising Prices of Fish and Soy Meal
4.2.3. Growing Aquaculture Industry
4.3. Restraints
4.3.1. Limited Acceptance and Approvals for BSFL to be Incorporated into the Human Diet
4.4. Challenges
4.4.1. Availability of Cheaper Substitutes
4.5. Regulatory Analysis
5. Middle East & Africa Black Soldier Fly Market Assessment—by Product
5.1. Overview
5.2. Protein Meals
5.3. Whole Dried Larvae
5.4. Biofertilizers (Frass)
5.5. Larvae Oil
5.6. Other BSF Products
6. Middle East & Africa Black Soldier Fly Market Assessment—by Application
6.1. Overview
6.2. Animal Feed
6.3. Agriculture
6.4. Pet Food
6.5. Other Applications
7. Middle East & Africa Black Soldier Fly Market Assessment—by Country
7.1. Overview
7.2. Saudi Arabia
7.3. United Arab Emirates (UAE)
7.4. South Africa
7.5. Tanzania
7.6. Kenya
7.7. Congo
7.8. Uganda
7.9. Zimbabwe
7.10. Madagascar
7.11. Rest of the Middle East & Africa
8. Competitive Analysis
8.1. Overview
8.2. Key Growth Strategies
8.3. Competitive Benchmarking
8.4. Competitive Dashboard
8.4.1. Industry Leaders
8.4.2. Market Differentiators
8.4.3. Vanguards
8.4.4. Contemporary Stalwarts
8.5. Market Share Analysis, by the Key Players/Key Market Ranking, 2022
9. Company Profiles (Company Overview, Financial Overview, Product Portfolio, SWOT analysis, and Strategic Developments)
9.1. BioflyTech
9.2. Entoprotech Ltd
9.3. PROTICYCLE
9.4. KIMMY FARM
9.5. NovFeed (T) Limited
9.6. Other Companies
(Note: SWOT Analysis of the top 5 companies will be Provided.)
10. Appendix
10.1. Questionnaire
10.2. Available Customization
List of Tables
Table 1 Middle East & Africa Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 2 Middle East & Africa Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 3 Middle East & Africa Black Soldier Fly Protein Meals Market, by Country, 2021–2033 (USD Thousands)
Table 4 Middle East & Africa Black Soldier Fly Protein Meals Market, by Country, 2021–2033 (Tons)
Table 5 Middle East & Africa Black Soldier Fly Whole Dried Larvae Market, by Country, 2021–2033 (USD Thousands)
Table 6 Middle East & Africa Black Soldier Fly Whole Dried Larvae Market, by Country, 2021–2033 (Tons)
Table 7 Middle East & Africa Black Soldier Fly Biofertilizers (Frass) Market, by Country, 2021–2033 (USD Thousands)
Table 8 Middle East & Africa Black Soldier Fly Biofertilizers (Frass) Market, by Country, 2021–2033 (Tons)
Table 9 Middle East & Africa Black Soldier Fly Larvae Oil Market, by Country, 2021–2033 (USD Thousands)
Table 10 Middle East & Africa Black Soldier Fly Larvae Oil Market, by Country, 2021–2033 (Tons)
Table 11 Middle East & Africa Other Black Soldier Fly Products Market, by Country, 2021–2033 (USD Thousands)
Table 12 Middle East & Africa Other Black Soldier Fly Products Market, by Country, 2021–2033 (Tons)
Table 13 Middle East & Africa Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 14 Middle East & Africa Black Soldier Fly Market for Animal Feed, by Country, 2021–2033 (USD Thousands)
Table 15 Middle East & Africa Black Soldier Fly Market for Agriculture, by Country, 2021–2033 (USD Thousands)
Table 16 Middle East & Africa Black Soldier Fly Market for Pet Food, by Country, 2021–2033 (Tons)
Table 17 Middle East & Africa Black Soldier Fly Market for Other Applications, by Country, 2021–2033 (USD Thousands)
Table 18 Middle East & Africa: Black Soldier Fly Market, by Country, 2021–2033 (USD Thousands)
Table 19 Middle East & Africa: Black Soldier Fly Market, by Country, 2021–2033 (Tons)
Table 20 Saudi Arabia: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 21 Saudi Arabia: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 22 Saudi Arabia: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 23 United Arab Emirates (UAE): Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 24 United Arab Emirates (UAE): Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 25 United Arab Emirates (UAE): Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 26 South Africa: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 27 South Africa: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 28 South Africa: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 29 Kenya: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 30 Kenya: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 31 Kenya: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 32 Uganda: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 33 Uganda: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 34 Uganda: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 35 Zimbabwe: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 36 Zimbabwe: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 37 Zimbabwe: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 38 Madagascar: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 39 Madagascar: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 40 Madagascar: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
Table 41 Rest of Middle East & Africa: Black Soldier Fly Market, by Product, 2021–2033 (USD Thousands)
Table 42 Rest of Middle East & Africa: Black Soldier Fly Market, by Product, 2021–2033 (Tons)
Table 43 Rest of Middle East & Africa: Black Soldier Fly Market, by Application, 2021–2033 (USD Thousands)
List of Figures
Figure 1 Market Ecosystem
Figure 2 Research Process
Figure 3 Key Secondary Sources
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 7 Market Size Estimation
Figure 8 The Protein Meals Segment to Dominate the Middle East & Africa Black Soldier Fly Market
Figure 9 The Animal Feed Segment to Dominate the Middle East & Africa Black Soldier Fly Market
Figure 10 Factors Affecting Market Growth
Figure 11 Middle East & Africa Black Soldier Fly Market, by Product, 2024 Vs. 2033 (USD Million)
Figure 12 Middle East & Africa Black Soldier Fly Market, by Application, 2024 Vs. 2033 (USD Million)
Figure 13 Middle East & Africa: Black Soldier Fly Market Snapshot (2024)
Figure 14 Key Growth Strategies Adopted by Leading Players, 2020–2024
Figure 15 Middle East & Africa Black Soldier Fly Market: Competitive Benchmarking, by Product
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