![]() So, 50 percent of Bhargava’s cost of production is spent on feed. Each kilo of shrimp requires approximately 1.5 kg of compound feed he said, which costs him roughly INR 120 ($1.5) to procure. His production costs are nearly INR 250 ($3) per kg, and he sells them at INR 375 ($4.5) per kg. India holds a huge potential to become a world leader in, due to its tropical climate suitable for insect growth, and abundant availability of food waste and organic by-products useful as food for insects.Ĭonsider Bhargava, a shrimp farmer from the West Godavari region of Andhra Pradesh in India. The growth of aquaculture and the increasing demand for feed, with stagnating supplies of conventional ingredients – like fish meal, fish oil, krill meal and krill oil – have created tailwinds for the insect industry. Multiple startups have emerged over the last decade to mass produce and process insects into animal feed ingredients. Insects are emerging as a viable source of sustainable alternative ingredients – primarily insect protein concentrate or insect meal and insect fat oil – across the globe. Ensuring a steady supply of quality feed ingredients and addressing market demand and price fluctuations are also key concerns. However, the sector faces several challenges, including disease outbreaks, water pollution and market demand. India has a diverse range of aquaculture practices due to its vast coastline, numerous rivers, lakes and reservoirs and vannamei shrimp, pangasius, tilapia, and Indian major carps – like catla, rohu, and mrigal – are among the most widely farmed species.
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