Insect-based food company Hey Planet is taking its mission of eating bugs to improve health and the sustainability of the planet to a wider audience with a move into the US market, brand co-founder Jessica Buhl-Nielsen told FoodNavigator-USA.
InnovaFeed, a French company with global ambitions in the edible insect arena, has raised $250m in a series D round* backed by agri-food giants including ADM and Cargill, and says it will break ground on a large-scale production facility to farm black...
While animal feed and pet food present bigger commercial opportunities for edible insects in the short term, two key European players in the segment - Innovafeed and Ÿnsect, who are both planning large-scale, highly-automated production facilities in...
“A lot of cricket protein products seem to be bars and powders targeted at 18-35 year old males that are into mountain biking,” observes Shelby Smith, founder of Iowa-based edible insect startup Gym-N-Eat Crickets. “But in my experience, having interacted...
Edible insects were always going to be a slow burn in the alternative protein market in Europe and North America, given the ‘ick’ factor and the lack of infrastructure to farm and process them at scale, says Israeli firm Hargol FoodTech. But while the...
“We’ve seen people come and go in the edible insects space, but the people who are still around know what they’re doing,” observes Hector Jimenez at Nutrinsectos in Guadalajara Mexico, who – like many people in this nascent industry – first got the edible...
Aspire Food Group - which is on a mission to automate and professionalize edible insect farming – aims to start production at a CAD $90m 100,000sqft automated cricket processing facility near London, Ontario, in Q1/Q2 of next year that will produce 10,000...
Back in 2013/14, no food innovation conference was complete without at least one session promoting edible insects as the next big thing in ‘alternative protein.’ Since then, the field has become littered with the corpses of bug-fueled startups that ran...
Israeli firm Hargol FoodTech – which is blazing a distinct trail in the embryonic edible insect sector by focusing on grasshoppers, rather than crickets – has completed a $3m financing round from existing shareholders, Singapore-based Sirius Venture Capital...
Vietnamese edible insect startup Cricket One – which processes crickets raised by local cassava farmers in abandoned shipping containers that have been kitted out as intensive breeding units - has closed a seed round led by VC firm 500 Startups and Singapore-based...
While media and investor interest in ‘alternative proteins’ is focused on plant-based meat, cell-cultured meat, and proteins produced via microbes, demand for cricket protein is still growing, claims Cowboy Cricket Farms, which will open a new edible...
Edible insect pioneer Chapul – which introduced many Americans to the concept of eating bugs by milling them into powder and adding them to protein bars – has pulled out of the bar category for the time being after its co-packer went out of business,...
Despite the ubiquity of bug consumption in some parts of the world, the tools and techniques to raise and process insects as human food on an industrial scale are still evolving, and there are still no globally agreed standards about how to do it in the...
Edible insects were always going to be a slow burn in the alternative protein market, given both the ‘ick’ factor and the lack of infrastructure to farm and process them at scale. But just because investors have been cautious about the sector doesn’t...
A bill proposing to tackle government waste which stipulates that “no federal funds may be used for the development of insect-based foods for human consumption,” will make it even harder for the embryonic US edible insects industry to compete vs other...
Cricket protein powder prices will come down “drastically” over the next five years as production capacity increases and firms add layers of automation to the farming process, predicts Montana-based Cowboy Cricket Farms.
