The Global Black Soldier Fly Oil Market was valued at USD 10 Million in 2023 and is projected to reach USD 39 Million by 2030, growing at a remarkable Compound Annual Growth Rate (CAGR) of 22.6% during the forecast period. This explosive growth is driven by the urgent need for sustainable protein and lipid sources in animal feed, aquaculture, and cosmetics, coupled with increasing regulatory support for circular economy practices.

As the world seeks alternatives to traditional fishmeal and plant-based oils, the Black Soldier Fly (BSF) emerges as a powerful solution for upcycling organic waste into high-value nutrients. In this blog, we profile the Top 10 Companies in the Black Soldier Fly Oil Industry—a dynamic group of insect farming pioneers, ingredient processors, and sustainability leaders shaping the future of agri-food systems.

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🔟 1. Protix

Headquarters: Dongen, Netherlands
Key Offering: BSF Larvae Oil, Protein Meal, Whole Dried Larvae

Protix is a global leader in the insect ingredient industry, operating one of the world’s most advanced automated BSF production facilities. The company’s proprietary technology platform enables efficient conversion of food waste into high-quality oils and proteins, serving major players in the aquafeed and pet food sectors.

Sustainability Initiatives:

• Pioneering large-scale vertical farming for BSF

• Strategic partnership with animal nutrition giant DSM

• Focus on creating a circular food system through waste valorization

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9️⃣ 2. InnovaFeed

Headquarters: Paris, France
Key Offering: HiFiOIL (BSF Oil), HiFiPRO (Protein Meal)

InnovaFeed is a major industrial player with one of the largest BSF production capacities globally. The company operates an integrated model, co-locating its facilities with agro-industrial partners to optimize energy and feedstock supply chains, delivering premium insect-based ingredients for aquaculture and pet nutrition.

Sustainability Initiatives:

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

• Partnerships with Cargill and ADM for global distribution

• Life cycle assessments showing significant carbon footprint reduction

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8️⃣ 3. Enterra Feed Corporation

Headquarters: Vancouver, Canada
Key Offering: BSF Oil, Protein Meal, Frass Fertilizer

Enterra is a North American leader in insect farming, using proprietary technology to rear BSF larvae on pre-consumer food waste. The company’s Renew™ products are approved for use in poultry and aquaculture feed, offering a sustainable alternative to conventional ingredients.

Sustainability Initiatives:

• Diverting over 130,000 tons of waste from landfills annually

• Carbon-neutral production processes

• Continuous R&D for enhancing oil yield and nutritional profile

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7️⃣ 4. Ÿnsect

Headquarters: Evry, France
Key Offering: AdalbaPro (BSF Oil & Protein), Frass Fertilizer

Ÿnsect is a vertically integrated insect company specializing in mealworm and BSF production. With the world’s largest vertical farm under construction, the company focuses on producing high-value ingredients for pet food, aquaculture, and human nutrition markets with advanced robotics and AI-driven farming.

Sustainability Initiatives:

• Building the world’s largest vertical insect farm in Amiens, France

• Targeting B Corp certification for sustainability performance

• Carbon-negative production model

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6️⃣ 5. Hexafly

Headquarters: Dublin, Ireland
Key Offering: BSF Oil, Protein Concentrates, Chitin

Hexafly is an Irish insect biotechnology company developing innovative BSF-based solutions for feed and food applications. The company operates a state-of-the-art R&D facility and is scaling production to meet growing demand from European aquaculture and livestock sectors.

Sustainability Initiatives:

• Developing specialized BSF oil variants for different applications

• Focus on circular economy partnerships with local food producers

• EU-funded research projects for advancing insect farming technology

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5️⃣ 6. AgriProtein (now part of Insect Technology Group)

Headquarters: London, United Kingdom
Key Offering: MagMeal™ (Protein), MagOil™ (BSF Oil), MagSoil™ (Fertilizer)

AgriProtein, now operating as part of the Insect Technology Group following a merger with Ÿnsect, was one of the pioneering companies in industrial-scale BSF farming. The company’s MagOil is rich in lauric acid, making it particularly valuable for aquaculture and pet food formulations.

Sustainability Initiatives:

• Global network of waste-to-nutrient factories

• Focus on reducing marine resource dependency in aquaculture

• Partnerships with multinational food and feed companies

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4️⃣ 7. Entobel

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

Entobel is a leading Asian BSF producer with industrial-scale operations in Vietnam. The company focuses on serving the rapidly growing aquaculture industry in Southeast Asia, offering sustainable alternatives to fishmeal and fish oil while addressing regional organic waste challenges.

Sustainability Initiatives:

• Asia’s first industrial-scale BSF facility

• Addressing marine resource depletion in Asian aquaculture

• Developing cost-effective solutions for emerging markets

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3️⃣ 8. Protenga

Headquarters: Singapore
Key Offering: BSF Oil, Protein, Fertilizer

Protenga is a Singapore-based insect biotechnology company developing smart insect farming systems for tropical climates. The company’s distributed farming model and proprietary technology platform enable efficient BSF production across Southeast Asia, serving feed manufacturers and waste management companies.

Sustainability Initiatives:

• AI-powered Smart Insect Farm technology

• Focus on tropical climate adaptation

• Partnerships for urban organic waste upcycling

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2️⃣ 9. NextProtein

Headquarters: Paris, France
Key Offering: BSF Oil, Protein Concentrates, Organic Fertilizer

NextProtein develops innovative solutions for insect farming, focusing on high-density production systems that maximize resource efficiency. The company’s technology enables efficient conversion of fruit and vegetable waste into premium insect ingredients for animal nutrition.

Sustainability Initiatives:

• High-density vertical farming technology

• Focus on Mediterranean and Middle Eastern markets

• Water and energy-efficient production processes

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1️⃣ 10. Bioforte Biotechnology

Headquarters: Guangzhou, China
Key Offering: BSF Oil for Cosmetics, Animal Feed Ingredients

Bioforte Biotechnology is a Chinese company specializing in BSF-derived products for cosmetic and nutritional applications. The company leverages China’s growing insect farming sector to produce high-quality BSF oil rich in antimicrobial compounds and essential fatty acids.

Sustainability Initiatives:

• Developing specialized BSF oil for cosmetic applications

• Focus on value-added product development

• Integration with China’s circular economy initiatives

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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 experiencing unprecedented growth as sustainability becomes a core priority across food systems. While traditional feed ingredients still dominate, the industry is rapidly scaling insect farming operations and developing novel applications for BSF oil in cosmetics, pharmaceuticals, and functional foods.

📈 Key Trends Shaping the Market:

• Rapid capacity expansion in Europe and Southeast Asia

• Regulatory approvals for insect-based ingredients in animal feed

• Development of specialized BSF oil variants for different applications

• Integration of AI and automation in insect farming operations

• Growing investment from major agri-food corporations

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

The companies listed above are not only producing sustainable nutrients—they’re pioneering the circular transformation of global food systems.