Special edition: Novel Proteins
Insect protein gains in popularity
The protein innovation attracting venture capital investment and grabbing the headlines in recent years has been that focused on insect-generated meal. Black soldier flies and mealworm derived protein sources are increasingly seen as sustainable, alternative forms of protein for fish feed, and eventually, monogastric rations.
Ynsect, a French company focused on mealworm production, was named one of France’s most promising startups last year, making the country's prestigious NEXT40 index. It also received a massive injection of funds early in 2019.
In June 2019, Cargill and another French insect protein producer, InnovaFeed, entered into an alliance to jointly market fish feed that includes insect protein, a move the partners said will enable them to support the growth of sustainable aquaculture.
In Canada, BSF got approval from the regulatory authorities for it to be included in feed rations for salmonids, trout, tilapia and poultry. And, in the US, global insect producer AgriProtein is establishing a commercial-scale production site.