Company Expands Into Insect Protein and Oil Production with New Factory Investment in 2019

Date of Release: 06/05/2019

Qingdao City, China – In 2019, the company made a significant investment by establishing and acquiring shares in a new factory dedicated to the production of insect protein powder and insect oil, with a focus on mealworms (Tenebrio molitor) and black soldier flies (Hermetia illucens). This strategic move positions the company at the forefront of the rapidly growing insect-based protein industry, which is increasingly recognized as a sustainable and highly nutritious alternative to traditional animal proteins.

Insect protein, derived from mealworms and black soldier flies, is emerging as a key ingredient in various sectors, including animal feed, pet food, and even human consumption. The high protein content, rich amino acid profile, and minimal environmental footprint make insect protein an attractive option for meeting the global demand for sustainable protein sources. Insect oil, extracted from these larvae, is also gaining popularity due to its high content of lauric acid and other beneficial fatty acids, which are valuable in both animal nutrition and cosmetics.

The global market for insect protein is projected to grow significantly in the coming years. As of 2023, the European Union has already embraced the use of insect protein in aquaculture, poultry, and pig feed, with further applications being explored in pet food and human nutrition. This market is expected to reach a valuation of over $2 billion by 2033, driven by increasing awareness of environmental sustainability and the need to reduce the reliance on traditional livestock farming.

The company's new facility, equipped with state-of-the-art technology, adheres to stringent food safety standards, including ISO22000 and HACCP certifications. This ensures that the products meet the highest quality requirements for both domestic and international markets.

Our company's founder commented, "Investing in insect protein production aligns with our commitment to sustainability and innovation. We see tremendous potential in insect protein and oil as essential components of the future food system. This investment not only strengthens our product portfolio but also supports global efforts to create a more sustainable and efficient food supply chain."

With this new investment, the company is poised to become a leading player in the insect protein market, contributing to the development of sustainable agricultural practices and offering high-quality products that cater to the growing demand for alternative proteins.