Change is underway in the insect protein industry
A story about how the insect protein industry is moving away from vertical integration as companies realize this approach is not scalable was our second most read article in August.
The biggest barrier to growth for that sector is securing sustainable feedstock for larvae, reported Israel’s FreezeM.
The supply chain within the insect protein sector is evolving, becoming one based on specialization and collaboration, according to Dr Yuval Gilad, CEO and co-founder at Israeli agritech firm FreezeM.
“First generation insect protein companies were vertically integrated for the entire supply chain, doing everything from breeding to waste management, rearing and processing. Now we are seeing the industry becoming more similar to established agricultural or animal protein industries where supply chains are made up of specialists in different fields, as each link of the chain requires unique expertise and knowledge."
Photo Credit: GettyImages/Luis Alvarez
