Currently, about 2bn people consume insects, so there must be a scaled industry already as well.
Then, you can buy cricket powder at roughly $100/kg.
Now my concern is:
- if this is already a common nutrition source, why the price? (could not imagine, those 2bn people pay that)
- nevertheless insect farming wherever it takes involves lot of manual labour
In my understanding, a future source of food should match the following criteria:
- sustainable (OK)
- cheap (not clear)
- scalable through automation (I think this is currently very limited)
Compared to a meat brewery, if they will mature, seems easier to scale, even if entrypoint is harder.
So why is the price currently so high and how exactly are these insects will become the future of food (media excitement put aside) - is a realistic criteria market turnover?