Flush with $250 million, Cargill-backed insect meal producer ramping up production for aquaculture market

By 2030 there will be a need for 100,000 metric tons of insect protein in Norway alone, and 150,000 metric tons by 2040.

Innovafeed is in the process of ramping up its production facility to 15,000 metric tons of protein, Innovafeed CBO Nizar El Alami and Product Manager Alex Diana said.
Innovafeed is in the process of ramping up its production facility to 15,000 metric tons of protein, Innovafeed CBO Nizar El Alami and Product Manager Alex Diana said.Photo: hanna gezelius
Published 23 March 2023, 06:01Updated 27 March 2023, 12:17
FranceUSACargillAlternative feedInnovafeed