Canadian insect protein ingredient company, Entosystem Inc, has raised CAD$66m (US$52m), from both public and private investors, to start building a second production facility.
US insect protein company, EnviroFlight, has announced the development of a new R&D and corporate center in Apex, North Carolina, close to the prestigious Research Triangle Park, known for its agtech and biotech focus.
The demand for insect protein, mainly as an ingredient in feed and pet food, could reach half a million metric tons by 2030, up from today’s market of around 10,000 metric tons, predict the authors of a new RaboResearch report.
Charoen Pokphand Foods (CP Foods) has expressed ‘keen interest’ in insect protein, indicating many years of research in that field, and announcing it has signed an agreement with Thailand’s Chiang Mai University to develop Black Soldier Fly (BSF) derived...
SKOV, which produces ventilation, management systems and digital services for animal production, has entered into a partnership with Danish insect startup, ENORM Biofactory, to develop future climate control and production systems for insect farms.
Bulgaria-headquartered insect producer, Nasekomo, is looking to secure a niche function in the less capital intensive, upstream part of the insect protein value chain.
French insect feed producer, Agronutris, has bolstered its strategic partnership with Bühler in its bid to get to commercial-scale production. Its first industrial plant is scheduled to be up and running in the last quarter of 2021.
The global black soldier fly market will grow at a CAGR of 33.3% from 2019 to 2030 to reach US$2.57bn in a decade, according to new market analysis from Meticulous Research.
