EDIBLE BUG BUSINESS IS BOOMING.

The edible insect industry is booming. And although the thought of eating bugs may be unappealing, insect protein is already being used for aquaculture, livestock feed, pet foods, and many products intended for human consumption. Insects are also being hailed as a possible solution to world hunger as increasing populations, and limited resources become a growing concern, and food industries are compelled to find viable alternatives. The French biotech firm Ÿnsect has just announced plans to construct a global network of insect farms, significantly ramping up production. Ÿnsect will soon boast the world’s largest vertical insect farm in Amiens, France. The company says the vertical farm model allows the production of more protein using less space and fewer resources. The automated facility is the second in France and claims it will manufacture 20,000 tons of insect-based foods annually.
In December 2022, the company announced it was expanding into the U.S. and Mexico to build insect ingredient production facilities, pushing into two substantial new markets. Ÿnsect also signed a deal with the U.S. flour milling company Ardent Mills to build a factory next to one of its U.S.-Midwest sites, expanding its reach into new territory.

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