Protein supplements market set to soar beyond US$45bn by 2025
Some of the p...
The global protein ingredients market is poised to grow by roughly 5.2% over the next decade to reach approximately $46.81 billion by 2025.
Some of the prominent trends that the market is witnessing include increasing focus on healthier food products, growing research and development in protein ingredients, and recent technological advancements in protein ingredients industry.
The research, carried out by Research and Markets, focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies, and includes comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and the rest of the world.
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Companies mentioned include Arla Foods, Amco Proteins and Omega Protein Corporation.
The US market is witnessing steady growth. In an interview with Supply Chain Digital, Casey Bauer, COO of sports nutrition company Nutrabolt, producer of the popular C4 supplement brand, said retailers are knocking on the door to get access to protein products.
“The interesting thing for me is that the retailers across the USA are coming to us to increase distribution, such is the demand for the products,” he said. “We don’t have to knock down the doors, they are already open.”
Better Origin’s AI insect farm is a solution to food waste
With 1.3 billion tonnes of food wasted annually, a solution has come to market that recycles food waste back into feed, using insects.
Better Origin, a UK agritech business based in Cambridge, has developed a fully automated insect farm powered by AI, to naturally feed chickens. The company is reducing dependency on imported feed and helping food producers achieve net-zero.
With the global population expected to surpass nine billion by 2050, food production will need to increase by 70% to meet this demand. Sustainably produced animal-grade protein is a part of a long-term solution to increase food supply to humans.
Launched in 2015, Better Origin started with two Cambridge graduates’ love for nature and technology and a desire to ‘bring the food chain back to its origins’.
The Better Origin X1 product reduces the need for many resources
Better Origin wanted a solution to the broken food chain. By using both nature and AI, the company is addressing the global food security problem. Their solution to food waste increases food security and improves animal welfare and sustainability.
The product – the Better Origin X1 - uses insects to naturally convert food waste into animal feed. It reduces the need for many resources required to produce animal feed:
The X1 looks like a standard shipping container, but it's a fully autonomous, modular insect farm powered by AI. The feed created by this new technology is produced naturally, is cost-effective and promotes a more circular food system, providing greater resilience and flexibility in times of need.
The Better Origin X1 recycles local agricultural waste to produce natural insect protein. This reduces the farmers’ dependency on unsustainable feeds, such as soy. The bioconversion unit grows insect feed on the farmers’ behalf, overseeing the larvae’s feeding and growth. This solution tackles waste and improves productivity, yield, and animal welfare, all while delivering a 130% ROI.
Achieving net-zero with insect protein and AI innovation
Insects farms are already operating in four places around the UK, including independent free-range farms.
“Humans are terrible at dealing with waste, while nature does it perfectly”, said Fotis Fotiadis, CEO & Founder of Better Origin. “We can have insects all around the world, addressing food waste locally. They will improve the lives of animals and make the future of food more sustainable. Our technology is on the path to becoming the mark of best practice within the food industry. We are working with farmers, retailers, and food producers to roll out this solution, with the aim to help secure the future of food.”