This year the European Food Safety Agency has ruled that three species of insects are safe for humans to eat
Since a ban on processed animal protein was imposed in 2001 in the wake of the “mad cow” crisis, soy and fishmeal have become the bedrock of animal feed in Europe. But their production needs lots of space and can be harmful to the environment, so feed manufacturers are looking for alternatives.
The one thing going against them is price: insect protein is two to three times more expensive than fishmeal, and many times pricier than soy. Scaling up production may help reduce the disparity. Rabobank, a Dutch lender, predicts that global insect production will reach 500,000 tonnes a year by 2030, up from just 10,000 tonnes currently, and that prices will tumble.
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