MARKET REPORT F&A Alternative Proteins Edition April 2023 67 AgriProtein (Insect Technology Group) Agronutris Algenex All Things Bugs LLC Armstrong Cricket Farm Georgia Aspire Food Group Beta Bugs Beta Hatch Inc. BioPhero Chapul Cricket Protein (U.S.) Cowboy Cricket Farms Deli Bugs Ltd. Enterra Corporation ENTOBEL HOLDING PTE. LTD EntoCube Ltd. Entofood Sdn Bhd Entomo Farms EnviroFlight F4F SpA Global Bugs Goterra Haocheng Mealworms Inc. Hargol FoodTech Hexafly Innovafeed Jimini’s Next Protein Inc. Norbite Nutrition Technologies Oxitec Protenga Protifarm Protix Rocky Mountain Micro Ranch SFly Comgraf SAS Sibö Smart Resilin Swarm Nutrition Tebrio Thailand Unique Tiny Farms Ÿnsect Major Players: - In February 2022, Innovafeed announced a collaboration with the ADM. In this collaboration, Innovafeed will offer its black soldier fly protein to ADM's pet food division to make 'high-quality, nutritious' products that have a 'much smaller carbon footprint and land need' than conventional animal protein. - In April 2022, Global Bugs has made strategic partnership with Innovative Natural Solutions. The goal of Global Bugs Asia (GBA) and Innovative Natural Solutions (INS) is to collaboratively promote, support, and manufacture and distribute nutritious food items using a combination of plantbased components and crickets. Resources: 1. Markets and Markets; Insect Protein Market - 2027; August 2022; https://www.marketsandmarkets.com/Market-Reports/insect-protein-market-150067243.html 2. Data Bridge Market Research; Global Insect Protein Market – Industry Trends and Forecast to 2029; August 2022; https://www.databridgemarketresearch. com/reports/global-insect-protein-market 3. Research and Markets; Insect Protein Market - A Global and Regional Analysis, 2022-2027; May 2022; https://www.researchandmarkets.com/ reports/5596064/insect-protein-market-a-global-and-regional 4. Fortune Business Insights; Insect Protein Market 2022-2029; March 2022; https://www.fortunebusinessinsights.com/industry-reports/insect-based-protein-market-100780 5. Grand View Research, Inc.; Global Insect Protein Market Size Report, 2021-2028; https://www. grandviewresearch.com/industry-analysis/insect-protein-market 6. Mordor Intelligence; Global Insect Protein Market - Size, Share, Covid-19 Impact & Forecasts Up o 2026; https://www.mordorintelligence.com/industry-reports/global-insect-protein-market
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