Singapore start-up Altimate Nutrition has developed a range of cricket-based products that are ready for mass manufacturing and distribution, except that it continues to be hindered by regulatory approval delays.
Singapore-based start-up Altimate Nutrition is on track to launch its debut bar made from cricket protein this year and become the first company to produce insect foods and supplements in the country.
Ho Chi Minh-based edible insect firm CricketOne has its eye on becoming a major cricket powder supplier and alternative meat producer in Japan after recently closing a successful fundraising round, calling the East Asian country a ‘hot bed’ for such products.
Germany’s SENS Foods and it’s Thailand-based farm business, The Cricket Lab, have raised €1.9 million (US$2.1 million) in funding to help further automate and launch new products in the market.
Asia is at the forefront of advances in developing insects for human consumption and will benefit from growing demand for nutrient-dense protein sources for the global marketplace.
