Momentum in insect protein market
A story looking at a report showing the BSF market will be worth US$2.57bn in 2030 gained a lot of traction last month.
Insect species that are mass-reared such as black soldier fly (BSF) have received significant attention mainly due to their ability to feed on different substrates including organic waste streams, according to the report.
As well as the increasing demand from the feed industry for alternative proteins, the growth of the BSF market stems from a hike in global meat demand, the development of the aquaculture industry, and more government support for the use of insect meal in livestock feed, along with investments by the key players in the BSF industry, noted the authors.