Executive summary: Investment in insect farming has stalled since 2021 with many major players struggling, suggesting future production capacity will likely be much lower than previous forecasts, though still involving billions of farmed insects.
Key points:
Of $2B total investment in insect farming, 37% went to companies that have failed or are struggling, with most investment concentrated in black soldier fly larvae (59%) and mealworms (36%).
Annual investment flows have plateaued or declined since 2021, with low investor sentiment following major company failures.
Model projects 221K metric tonnes of dried insect production capacity by 2030, less than half of Rabobank’s 2021 forecast.
Despite lower projections, the median scenario still estimates 293B larvae being farmed at any time and 3.9T killed annually by 2030.
High uncertainty in projections due to model limitations and volatile industry conditions (key caveat noted by author).
This comment was auto-generated by the EA Forum Team. Feel free to point out issues with this summary by replying to the comment, andcontact us if you have feedback.
Executive summary: Investment in insect farming has stalled since 2021 with many major players struggling, suggesting future production capacity will likely be much lower than previous forecasts, though still involving billions of farmed insects.
Key points:
Of $2B total investment in insect farming, 37% went to companies that have failed or are struggling, with most investment concentrated in black soldier fly larvae (59%) and mealworms (36%).
Annual investment flows have plateaued or declined since 2021, with low investor sentiment following major company failures.
Model projects 221K metric tonnes of dried insect production capacity by 2030, less than half of Rabobank’s 2021 forecast.
Despite lower projections, the median scenario still estimates 293B larvae being farmed at any time and 3.9T killed annually by 2030.
High uncertainty in projections due to model limitations and volatile industry conditions (key caveat noted by author).
This comment was auto-generated by the EA Forum Team. Feel free to point out issues with this summary by replying to the comment, and contact us if you have feedback.