alt. protein from insects - zerowastescotland.org.uk keiran... · we’re entocycle and we’ve...
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Alt. Protein From Insects
We’re Entocycle and we’ve developed patent-pending technology to industrially farm insects.
We’re leading the way to a sustainable future for protein.
60 million tonne protein deficit by 2025
33% more protein in diet
50% Increase in world population
Today’s proteins cannot meet tomorrow’s protein demand…
Alltech 2018
Fishmeal
-31%
By 2025, we’ll have a protein shortage of 4x current global fishmeal production
Source: UNFAO and WWF, IndexMundi
Insect protein?
8 weeks 6 weeks
4 weeks
&
Pest6 weeks
Insect protein?
Black Soldier Fly
Just 2 ½ weeks Egg to Harvest
Black Soldier Flyeggs
Waste from food growers, brewers and
distillers
In just twelve days the larvae consume
the waste, from which we extract
co-products
Protein
Lipid
Fertilizer Food farming
INPUT 12-DAY BIO-CONVERSION
Fish, animal and pet feed industries
SELLABLE PRODUCTS
MARKET
Entocycle’s Sustainable, Circular Economy
ENTOCYCLE REGIONAL HUB
CONTRACT FINISHER FARMS
A Profitable And Scalable Hub And Spoke Business Model
• Breeds and supplies larvae
• Handles input logistics
• Provides operational support
• Licenses Entocycle’s technology
• Grows, harvests and dries larvae
c
ENTOCYCLE REGIONAL HUB
• Collects and processes products
• Sells to an animal, fish and pet feed markets
• Revenue share
Tried And Trusted Agriculture Business Model
$770m Opportunity In The UK Market
Scotland:Up to 76 Finisher Farms
North West:Up to 79 Finisher Farms
East England:Up to 65 Finisher Farms
South West:Up to 61 Finisher Farms
YorkshireUp to 77 Finisher Farms
* Each Regional Hub can support 4 Finisher Farms
The UK has >500 finisher farms
We’ve identified five key regions for UK roll out
Source: Entocycle Feed Source Input Mapping (2018)
UK TARGET REGIONS
We can farm our insects anywhere
Climate controlled,smart farm
0 Seasonality
365 days
24 hours
Just 12 Days ‘on Farm’
SPECIES
Major Investment in Insect Protein
Funding to date $28m $10m $51m $122m $4m
French Government to invest up to €1 billion over the next five years in
'future proteins' with a focus on microalgae and insects.
- Currently ~€39m
Scotland could and should be World Leaders
-10
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110
130
-10
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2018 2019 2020 2021 2022 2023 2024 2025
Mill
ion
s ($
)
Revenues EBIT # Finisher Farms
Market Entry In 2020: Profitable By 2023
# Fi
nis
he
r Fa
rms
Co
mm
erc
ialis
atio
n
Pro
fita
bili
ty
Sufficient production volume to replace 30% of fishmeal in the entire Scottish Salmon industry by
2025
