According to an announcement by Nutrition Technologies yesterday, the ingredients manufacturer received the permission to export the insect – based ingredients to the UK and the European Union. The new permission increases the company’s opportunity to gain foothold in European pet food sector.
Nutrition Technologies was founded in 2015 and decidacted to the production of sustainable ingredients out of beneficial microbes and black solider fly larvae (BSFL). Utilizing a low-energy, zero – waste model, the company grows the insects and develops ingredients at its GMP- and HACCP-certified facility in Malaysia. According to the manufacturer, due to the tropical climate it is possible to grow insects and manufacture the same high-quality ingredients as Europeans or North Americans but at lower costs.
Last year in June, Malaysian insect manufacturers were entitled to export their materials to the European Union. Some weeks ago, Nutrition Technologies was the first Malaysian company to be approved importing its products to the EU after the products have only been available across the Asia Pacific region.
“This is a significant step forward in giving European pet food manufacturers more sustainable options in their choice of feed ingredients,” said Nick Piggott, co-founder and co-CEO of Nutrition Technologies. “While there is a rapidly growing demand for sustainable pet foods, there is very little product available in Europe. This development opens the door for new manufacturers to release insect-based products, and for existing manufacturers to both reduce their costs and improve their environmental footprint.”
Nutrition Technologies products include Hi.Protein®, Hi.Frass® and Hi.Oil®.
The company’s products do also contain Hi.Protein®, Hi.Frass® and Hi.Oil®. Hi.Protein® is a brown powder with a nutty aroma containing a high crude protein content of 50%, crude fat of 20%, crude fiber of 15%, ash of 15% and moisture of 10%. The hypo-allergenic ingredient can be used in dog and cat food applications plus in pigs, wild birds, reptiles, fish and shrimp nutrition and can be used for pets with incompatibilities.
According to the company, the change to a use of insect-based proteins can minimize greenhouse gas (GHG) emissions compared to the use of traditional meat sources.
The latest permission will contribute to further growth. The sector was evaluated a worth of $343 million in 2021 with expectations to increase to to $1.3 billion by 2027 with a CAGR of 26.5%.
In order to meet this expectations, the company has raised $20 million in investments in September 2022 for expansion after partnering with Pet World Nutritions to launch the first BSFL commercial dog food.
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