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Protein powder for aquaculture
Advanced and sustainable solution with added values for fish feeding, produced from the dietary residues of the larvae
Oil
An unique active ingredient for the cosmetics and nutritional supplements industries
Protein powder for pets
High quality, sustainable protein ingredient for pet food products
Premium protein powder for humans
High quality, sustainable protein ingredient for food
Potential Markets
Aquaculture industry
Pet food industry
o The global aquaculture industry has reached about $107 billion in 2021
o Global market estimated to grow to $170 billion by 2026 with a CAGR of 10%
o The global pet food industry has reached about $97 billion in 2021
o Global market estimated to grow to $137 billion by 2028 with a CAGR of 5%
The global protein market
Oils in the cosmetics industry
o The global protein ingredient market has reached about $42 billion in 2021
o Global market estimated to grow to $85 billion by 2028 with a CAGR of 10%
o The alternative protein market is expected to reach $27 billion by 2027
o The global oil ingredient market for the cosmetics industry has reached about $56 billion in 2020
o Global market estimated to grow to $72 billion by 2028 with a CAGR of 5%
Reasons for transitioning to
alternative protein
Health reasons
People are choosing to consume less animal protein for health reasons such as heart disease, weight control and diabetes
Ethical reasons
Ethical reasons concerning animal welfare are motivating people to re-examine the impact of their nutritional choices on animals
Environmental concerns
Growing awareness concerning the negative effects on the environment that result from farming and conventional processing of meat