AgriProtein has set up camp in North America with the aim of building 20 fly farms in the US and Canada in pursuit of its global targets of 100 fly farms by 2024 and 200 by 2027.
The world’s biggest fly-farmer and first commercial-scale insect meal producer, AgriProtein is building a global network of insect protein factories mass-producing sustainable animal feeds to replace fishmeal used in aquaculture, agriculture and petfood.
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On the supply side of the business, AgriProtein’s technology helps tackle the world’s growing waste crisis by rearing fly larvae on a massive scale on organic waste, which would otherwise go to landfill. Co-founder and CEO Jason Drew explains: “With supplies of fishmeal dwindling we’re moving as quickly as we can to bring insect protein into the mainstream of animal feed. As well as ensuring continued supply of protein in the years ahead, replacing fishmeal with insect meal allows our oceans to heal, reduces greenhouse gases at every stage of the supply chain from point-of-catch to point-of-sale and leaves more fish in the sea for humans.”
Now AgriProtein has set up a dedicated North American team to develop its business locally and build an R&D capability. Headed by Jon Duschinsky, it will identify suitable locations and licensing partners for fly-farm operations in the US and Canada. The company announced the North America initiative at the World AgriTech Innovation Summit 2017 in San Francisco. Duschinsky: “The US is the world’s biggest consumer of protein and the world’s biggest producer of organic waste, a very important market for us. And as AgriProtein is disrupting 3 industries – agriculture, aquaculture and animal feed – it’s natural we chose the world centre of disruptive technologies to launch our North American campaign.”
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AgriProtein has allocated several international licenses to use its technology in Asia, Australasia and the Middle East. Last week the company signed an agreement to build 3 fly farms in Saudi Arabia.