Canada Black Soldier Fly Market Size, Share, Growth Analysis, By Application(poultry, aquaculture, pet food, livestock and others), By Product(whole insect, protein meal, oil, frass), By Region - Industry Forecast 2024-2031

Canada Black Soldier Fly Market Drivers

Its Advantages over Other Alternatives to Boost Its Demand during Forecast Period

• Numerous feed products are being suggested as alternatives due to the escalating resource deficit, with insects garnering the most attention. Insects are present in food because of their benefits to human health, the economy, and the environment. An expanded focus on insects is one of several tactics being used to ensure animal feed security on a worldwide scale. In comparison to other traditional feed items, insects have a high protein content and outstanding production efficiency.

• To generate the same amount of protein, the black soldier fly consumes four times as little feed as sheep, twelve times as little as cattle, and only half as much as broiler chickens and pigs. Egg production increased by 2.4% when dried insect meal was substituted for fish meal.

Canada Black Soldier Fly Market Restraints

Strenuous Manufacturing and Marketing Procedure to Hinder Market Growth

• The manufacturing cycle and marketing procedure encountered challenges in the animal feed sector. Reduced marketing options, restrictions on import and export trade, and diminished buying power are a few more aspects of the animal feed sector that endanger BSF farmers. The sustainability of BSF production systems in Canada at the beginning of 2020 has been gravely jeopardized by this predicament.