Insect Farming
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Black soldier fly (BSF) farming is a method of producing protein that has been gaining attention as a potential solution to the global protein shortage crisis.
BSF larvae are able to convert organic waste into protein-rich animal feed, making them an efficient and sustainable source of protein. Additionally, BSF farming requires less land and water than traditional livestock farming, which can help to alleviate some of the environmental impacts of meat production.
Overall, BSF farming has the potential to provide a sustainable and efficient source of protein that could help to address the global protein shortage crisis.
The global insect protein market is showing no signs of slowing down, with demand for insect protein forecast to reach 3 million tonnes and be worth $9.46bn by 2030. According to another recent report, the global black soldier fly market specifically is expected to grow by 30.5% CAGR from 2022 to reach $3.96b by 2033.
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