InnovaFeed aims to bring insect-based protein ingredients to snacks and sports nutrition products as soon as this year
InnovaFeed uses a zero-waste vertical farming model to breed black soldier flies
First, the company is partnering with Archer-Daniels-Midland Co. ADM, +0.93% to bring the ingredient to pet food.
InnovaFeed has announced a partnership with ADM’s pet food division to expand the sustainable pet food industry into the use of insect protein. The move also marks InnovaFeed’s expansion into the U.S. market.
Black soldier flies have been recognized as an inexpensive and eco-friendly protein source for animals and fish. U.S. regulation now allows the inclusion of black soldier fly in dog food.
InnovaFeed’s proprietary technology brings the black soldier fly, or Hermetia Illucens, “back to its rightful place at the heart of the food chain,” the company says.
For ADM, the partnership is a chance to expand the company’s animal nutrition business, which was up 19% to $940 million in the fourth quarter.
Read: Archer-Daniels-Midland beats expectations, raises dividend
“Pet solutions is a strategic growth opportunity for ADM, with $100 billion in demand growing 4.5% a year,” said Jorge Martinez, president of ADM pet solutions, in a statement announcing the InnovaFeed partnership.
“Pet owners increasingly are demanding the same kind of sustainable, healthy products they eat themselves.”
The move towards greater “pet humanization” alongside a surge in pet adoptions during the COVID-19 pandemic has given companies like Petco Health & Wellness Co. WOOF, +3.78% and others a quarterly earnings boost.
Also: Lowe’s and Petco partner for store-in-store pilot
Moreover, diners are increasingly concerned about climate change, and the impact their purchases and consumption are having on the environment. Beyond Meat Inc. BYND, +1.05%, Impossible Foods and a slew of other plant-based food companies; fast-food chains like McDonald’s Corp. MCD, +0.09% and Yum Brands Inc.’s YUM, -0.09% KFC; and even meat companies like Tyson Foods Inc. TSN, -0.38% are creating and investing in animal meat alternatives that promise to not only taste good to humans, but lessen the impact that people’s meals have on the Earth.
See: McDonald’s is expanding its test of the plant-based McPlant sandwich to 600 more locations
The global insect protein market across plants, animals and humans is expected to grow to $113 billion in the next few years, according to data provided by InnovaFeed. The company plans to begin research and development operations at what it says is the world’s largest insect-protein manufacturing facility in Decatur, Ill. later this year. And the company sees the U.S. as a “promising market” for launching ingredients for human consumption in 2022, including sports nutrition products, healthy snacks and meat alternatives.
“It’s digestible and adaptable to human needs,” said Clément Ray, co-founder and chief executive of InnovaFeed, on a video call with MarketWatch, adding that the amino acid profile of the black soldier fly is “much closer to what humans need than plant protein.”
One of the big hurdles for companies offering plant-based alternatives is mimicking the taste of animal-based products. Ray says black soldier flies have that covered as well.
“As an ingredient, it’s good,” he said. “You don’t need to add things to enhance the flavoring.”
To be sure, humans all over the world are already eating insects as snacks and even fine dining options.
But InnovaFeed says wider consumption will lower the carbon footprint of the food system, with about 20% of current global carbon emissions coming from the food industry. The company’s vertical farming model is zero waste and uses fewer resources than widely used animal feed.
“Everyone wants products that are good for health and good for the planet with a good taste,” Ray said.
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Calling BS on pet owners concerns about sustainable pet foods and climate change. Humans “all over the world” are eating bugs so you should too is gaslighting to the flock that just want to be part of the in crowd. Funny how the in crowd never contains the uber wealthy jetting off to eat the best foods cooked by the best chefs…
With the Greenie Nutters taking over Germany, they may well be having to eat bugs.
As Germany goes, so goes Europe = Lights out, enviro weenie nutters taking over.
Biden’s Build Back Better crackpipes. They’re freeeeeee!!! Get yours while supplies last. And for a small fee of $ 400,000 you can have yours personally signed by the first family crackhead himself, Hunter Biden…can’t wait to get mine. It’ll be something I’ll want to pass onto to my Somalian/Chinese grandchildren
The new $30 million grant program from the Health and Human Services (HHS) department will provide funds to local governments and nonprofits for “smoking kits/supplies,” according to the Washington Free Beacon.
HHS said the kits aim to reduce the risk of infection when smoking substances with glass pipes, which can lead to infections through cuts and sores. Applicants for the grants are prioritized if they treat a majority of “underserved communities,” including African Americans and “LGBTQ+ persons,” as established under President Joe Biden’s executive order on “advancing racial equity.”
https://www.zerohedge.com/medical/biden-admin-funding-free-crack-pipes-promote-racial-equity
A lot of these start ups are pushing “indoor, vertical farming”. What do they know that we don’t about the lack of being able to grow food outdoors in the not too distant future?
re purposing vacant shopping malls across the nation.
It’s what plants crave.
Brought to you by Monsanto’s Jr.
Start ups….
Why has this become the way to smile for this age group?
It’s primate for submission.
As is monkey see monkey do.
I don’t believe it has anything to with potential future environment DoNY (but who knows at this point and it wouldn’t surprise me).
As a guy who has grown 150 fruit/nut trees and 5k-10k heads of garlic for the local market for almost 20 years, I will call bullshit right now on “vertical farming” for anything but a few crops. Main, staple crops and the majority of fruit/veggies will not perform well (or at all) in vertical farming. Plant-wise and economically.
There are benefits for some products from indoor/vertical. Growing lettuce/greens indoors is possible economically. Herbs, too. But those foods have little nutritional value and are, basically, weeds – they’ll grow in crap conditions and really outperform in controlled conditions. The average person has no idea (literally, none at all) how to grow anything, let alone grow it in commrecial quantities, harvest it, cure it and get it to market in a format that will sell. To them indoor/vertical seems like some kind of miracle. You find it’s not when time reading about is put in and you realize it’s a con on the level of windmills.
Now, if the Criminals In Charge start throwing subsidies at indoor/vertical farming….then all bets are off. Anything can be grown commerically with subsidies because true cost is irrelevant. California garlic takes, on average, 75 gallons of water per pound above and beyond natural rain fall. In the midwest, that number is often zero and in “high use” years, it’s maybe 5 gallons per pound. Who cares when water is “free”?
For the Blackflies, there is a “bidding-game” going on. How do you get what you want? Ask for WAY more.
How do I get Blackflies accpeted – and demanded in the future – for animal feed? I start saying it should be for Human feed! I increase my “ask”. And Voila! People start thinking, “I’m not eating that shit, but I guess I might eat a chicken that was already eating flies and other insects whenever they found them, anyway”.
And BOOM – now there is a market for flies…to feed to animals…in commercial quantity.
I’m not bugged by this at all.
As a kid, eaten more than my share of dirt.
The worms crawl in, the worms crawl out….
ANYBODY advocating making bugs into people food automatically falls under Joe Stalin’s #1 rule about people: If you get rid of the trouble makers, then you won’t have any problems.
This is going the way of ‘Impossible Meat’ only faster. People don’t want this garbage and they aren’t going to buy it no matter the hype. And people won’t feed this to their beloved pets either. I’d personally rather go vegetarian.
It will probably be entered into the food supply without anyone’s knowledge.
“U.S. Regulation now allows…”
I started to watch We Have To Talk About Cosby last night. I couldn’t get past, or even much into, the pep rally portion that presumably precedes the panel’s (people all unfamiliar to me) plumbing of the man’s smooth sociopathy. So I switched to this:
creedmoor, sharps, bugs en-belfry, socially constructed/constricted foodstuffs, & pails & buckets…..
Kathleen Lloyd was the fresh young thing in The Missouri Breaks. And she was Assistant District Attorney on Magnum, P.I. for 5 seasons. Social amnesia forgets what a small world it is, among other things, & how easy now brown cow can you hear me now & reaching out to touch someone is facilitated by all that smallness.
That’s just one kind of flyswatter.
I know shite-quality, impurina, pet food is a huge “business” (interlocked with AKC inbreeding & combat veterinarian “businesses”), but some might be surprised by how big & growing the raw pet food biz is.
I got no confidence that carnivorous insect corps/es can pull this wings-off-&-eat-it “pacification” – regulators, or no, & despite how buggy the massman pop-goes-weasel is – as evinced by sayers/believers of incantations like this: “InnovaFeed’s proprietary technology brings the black soldier fly, or Hermetia Illucens, “back to its rightful place at the heart of the food chain,” the company says.” Who are spittin’ images of this:
I watched the entire Cosby series for you, goes something like this-
Rich, powerful celebrities attract young females who readily go to their hotel room with them, drink what they are offered, take the pills that are passed out, regret it and then go back and repeat it over and over until they realize he isn’t going to share his wealth/access to stardom with them and then they go on with their lives. Many years later they regret their behavior and instead of questioning whether or not they actually possess agency, free will and good judgment, decide instead to join in a lawsuit to cash in on their status as victims.
I have zero respect for Cosby and his hypocritical posturing, but we all know that power corrupts and he exudes creepiness and anyone with two eyeballs could see it. He was an entertainer, not a paragon of moral authority. How people confused those two is a mystery.
It is equally difficult to respect anyone with the kind of self awareness these women seemed to exhibit. Their judgment was non-existent. There were one or two who clung to the story that they were slipped something without their knowledge, but most of them admitted that he was up front about it and they readily accepted the offer of drink and drugs. All of them went off alone with him.
Here’s a tip for any young women- or men for that matter- who care to listen to an old man.
Before you do something you may regret later on in life, consider the consequences of your actions first. Not one single one of the women in that series wound up drugged and raped because of Bill Cosby dragging them into an alley, but rather because they willfully chose to get up nice and cozy with celebrity thinking some of it might rub off. If a man invites you to their motel room their is zero chance it is for any reason other than to have sex. Period. Ever. How any adult human being could not know this is a mystery for the ages and it doesn’t help feminism’s claims of gender equality to portray this seemingly endless string of victims as hopeless naifs. You either have the freedom to make choices and accept the consequences or you do not. You can’t have it both ways.
I have invented a new substance called kyliyomptonite, which I dab just a touch on the back of black flies, put them in a jar with two electrodes protruding from the lid, which then uses induction to derive unlimited power from the incessant buzzing of flies within the jar. I plan on obtaining government funding so that the hard working people won’t have to pay for this wonderful invention, as we all know that officially qualifies it as “clean green” electricity. I will do a “free electricity” video on Youboob soon to reveal my wonderful invention to the world. One small Gerber baby food jar with six flies can light up a whole room. Since the flies work for free, that qualifies it as free energy. Since kyliyomptonite is derived from fly crap, that’s free too…
Damn, wait a minute, I wonder if I could actually get a patent approved for this…
Too late. I just stole your idea and secured a patent in my own name.
Incidentally, since leftists are so full of shit, all we do is seal one of them in a jar with 72 flies and thereby generate the one point twenty-one JIGGAWATTS of electricity needed to activate the Flux Capacitor.
Watch what I do now!!!
(Of course, you’ll never know since history will change as soon as I do it.)
I’m back. My real name is Klaus Schwab and now I rule the world!!!
That’s the problem with patents…. You gotta tell people and draw diagrams… I always wanted my own Jiggawatt…