The Global Black Soldier Fly Oil Market was valued at US$ 10 Million in 2023 and is projected to reach US$ 39 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 22.6% during the forecast period (2024–2030). This explosive growth is being driven by the urgent search for sustainable protein sources, advancements in insect farming technology, and the high nutritional value of BSF oil across aquaculture, animal feed, and cosmetics.

As the world pivots towards circular bio-economies, the Black Soldier Fly (Hermetia illucens) has emerged as a champion of waste-to-value conversion. In this blog, we profile the Top 10 Companies in the Black Soldier Fly Oil Industry—innovators and scale-up leaders who are transforming organic waste into premium lipids and proteins, thereby reshaping sustainable supply chains.

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🔟 1. Protix

Headquarters: Dongen, Netherlands
Key Offering: BSF Larvae, BSF Oil (Feed Grade), BSF Protein Meal

Protix is a global leader in the insect ingredient industry, operating one of the world’s most advanced BSF farms. The company utilizes proprietary technology to rear larvae on organic waste streams, producing high-quality oil rich in lauric acid, which is particularly beneficial for aquaculture and pet nutrition.

Sustainability Initiatives:

• Pioneering large-scale circular agriculture models

• Strategic partnerships with major feed producers like aquaculture giant Skretting

• Committed to reducing the environmental footprint of animal feed production

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9️⃣ 2. Ÿnsect

Headquarters: Evry, France
Key Offering: BSF Oil, BSF Protein, BSF Fertilizer

Ÿnsect is a vertically integrated player focused on producing insect-based ingredients for pet food, aquaculture, and plant nutrition. With one of the largest vertical farms in the world, the company emphasizes precision fermentation and automation to ensure product quality and scalability.

Sustainability Initiatives:

• Major investments in R&D for optimizing BSF oil yields and nutritional profiles

• Focus on obtaining regulatory approvals across key global markets

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8️⃣ 3. InnovaFeed

Headquarters: Paris, France
Key Offering: BSF Oil for Aquafeed, BSF Protein

InnovaFeed specializes in producing insect ingredients through industrial-scale partnerships. Its unique model involves co-locating production facilities next to agro-industrial partners to utilize their by-products as feed for the flies, creating a highly efficient and low-carbon supply chain.

Sustainability Initiatives:

• World’s largest BSF production site in Nesle, France

• Long-term supply agreements with global animal nutrition leaders like Cargill

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7️⃣ 4. Enterra Feed Corporation

Headquarters: Vancouver, Canada
Key Offering: BSF Oil (Feed Grade), BSF Meal, Whole Dried Larvae

Enterra is a North American leader in sustainable insect farming, using pre-consumer food waste to rear Black Soldier Fly larvae. Their products are marketed as natural and sustainable alternatives to fishmeal and fish oil, addressing critical bottlenecks in the aquafeed industry.

Sustainability Initiatives:

• Diverting significant volumes of food waste from landfills

• Focus on Life Cycle Assessment (LCA) to quantify environmental benefits

Download FREE Sample Report: Black Soldier Fly Oil Market – View in Detailed Research Report

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6️⃣ 5. BioflyTech

Headquarters: Cartagena, Spain
Key Offering: BSF Oil, BSF Frass (Fertilizer), BSF Larvae

BioflyTech is a prominent European company focused on the bioconversion of organic waste using BSF. The company has developed modular and scalable technology solutions for both small and large-scale operations, making insect farming more accessible.

Sustainability Initiatives:

• Development of turnkey BSF farming solutions for waste management companies

• Active participation in EU-funded research projects for circular economy development

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5️⃣ 6. Hexafly

Headquarters: Meath, Ireland
Key Offering: BSF Oil, BSF Protein Meal, BSF Chitin

Hexafly is an Irish innovator that has developed a patented, climate-controlled vertical farming system for BSF. This technology allows for year-round production, maximizing efficiency and output consistency for high-value oil and protein products.

Sustainability Initiatives:

• Focus on creating a decentralized network of BSF farms

• R&D into value-added products like chitin from BSF exoskeletons

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4️⃣ 7. Protenga

Headquarters: Singapore
Key Offering: BSF Oil, BSF Protein, Smart Insect Farming Systems

Protenga is a Singapore-based company driving innovation in tropical BSF farming. Its integrated “Smart Insect Farm” combines AI, IoT, and automation to optimize the entire production lifecycle, catering strongly to the growing Asia-Pacific market.

Sustainability Initiatives:

• Addressing organic waste challenges in Southeast Asia

• Developing solutions tailored for smallholder farmers and large corporations alike

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3️⃣ 8. Entobel

Headquarters: Ho Chi Minh City, Vietnam
Key Offering: BSF Oil, BSF Meal

Entobel operates industrial-scale BSF production facilities in Vietnam, strategically positioned to serve the massive Asian aquaculture and livestock sectors. The company focuses on cost-effective production to make insect ingredients competitive with conventional alternatives.

Sustainability Initiatives:

• Utilizing agricultural by-products prevalent in Vietnam as feedstock

• Significant contribution to reducing the region’s reliance on imported soy and fishmeal

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2️⃣ 9. EnviroFlight (A Darling Ingredients Company)

Headquarters: Mason, Ohio, USA
Key Offering: BSF Oil, BSF Meal

EnviroFlight, a subsidiary of global rendering leader Darling Ingredients, is a key player in the North American BSF market. Leveraging Darling’s vast experience in ingredient processing and distribution, EnviroFlight is scaling production to meet growing demand.

Sustainability Initiatives:

• Integration into a large-scale sustainable ingredient supply chain

• Focus on achieving regulatory milestones for insect ingredients in the U.S. market

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1️⃣ 10. nextProtein

Headquarters: Tunis, Tunisia
Key Offering: BSF Oil, BSF Protein, Organic Fertilizer

nextProtein is an African innovator tackling both food waste and protein scarcity. The company uses low-value organic waste to produce sustainable feed ingredients, aiming to improve food security and create economic opportunities in the region.

Sustainability Initiatives:

• Addressing dual challenges of waste management and sustainable agriculture in Africa

• Focusing on creating a positive social impact through job creation

Get Full Report Here: Black Soldier Fly Oil Market – View in Detailed Research Report

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🌍 Outlook: The Future of Black Soldier Fly Oil Is Circular and High-Value

The Black Soldier Fly oil market is at a pivotal juncture. While production volumes are still scaling, the industry is attracting significant investment for biorefinery concepts, advanced extraction technologies, and market expansion into new applications like cosmetics and pharmaceuticals.

📈 Key Trends Shaping the Market:

• Regulatory approvals expanding for BSF oil in aquafeed and pet food across the EU, US, and Asia

• R&D focus on improving lipid yields and fatty acid profiles for specific applications

• Integration of AI and automation to drive down production costs and enhance scalability

• Growing consumer and corporate demand for transparent and sustainable supply chains

Get Full Report Here: Black Soldier Fly Oil Market – View in Detailed Research Report

The companies listed above are not only producing a novel oil—they are building the foundation for a more resilient and circular bio-economy.