– U.S. Headquartered sustainable insect feed company with a 4 year old manufacturing facilities in South Africa and a management team of 10.
– The most sustainable type of protein is that derived from insects, with BSFL (Black Soldier Fly Larvae) being the most sustainable and easiest and most economical to produce commercially for aquaculture, animal feed and backyard chicken treats
– The main leaders in the aquaculture and animal feed areas are currently using BSFL in their blends and plan on growing BSFL inclusion in their feeds. (Cargill, Purina, Skretting, BioMar)
– There are 6-8 major Black Soldier Fly Larvae (BSFL) manufacturers, each recently raising $5-100M, each with a current valuation exceeding $30-100M+. The majority are based in high production cost countries (U.S. & EU)
– Insects feed on food waste destined for landfill, need minimal resources to produce high quality protein, and the insect’s own waste itself provides a novel organic plant enhancement fertilizer
– NutrientLoop’s BSFL feed on non-GMO all natural South African fruit processing cuttings, wine yeast and spent brewers’ grains
– Most low-cost international chicken treat BSFL facilities are in China and they use post-consumer waste and pig manure as BSFL feed
– NutrientLoop has developed our own proprietary technology and processes that allow us to invest vastly lower capital costs to get started and also our ongoing costs are lower due to our South African location.
NutrientLoop Products:
- Specialty Products: Whole, dried BSFL for backyard chickens, reptiles and zoos. It involves simply drying and packaging the insect (45% protein content) – Phase 1 target market.
- BSFL Meal: When the oil is pressed out of the insect, the remaining “meal” is then sold in bulk or pelletized for uses in aquafeed, poultry feed, pet food and other feeds (65% protein content)
- BSFL Oil: The oil from the insect is also used as a feed ingredient in aquafeed, poultry, pet food and for other uses. Several recent studies have shown this oil to have unique antimicrobial qualities.
- Frass: The by-product generated during the BSFL growing cycle is called frass, which includes the insect’s excrement, it’s exoskeletal shedding, and leftover substrate. This is used as a unique organic fertilizer, for soil remediation, and as a soil enhancer. The natural insecticidal properties of a compound known as Chitin, found in the frass is gaining traction in the marijuana and organic farming industry. (2.5 LB’s of frass is produced for every 1 LB of dried BSFL produced) – This product has the most potential upside.
- Chitin: Chitin, which can be compounded into Chitosan is also used in the medical and pharmaceutical industries, among others. There may be a high value extraction process for this chitin available soon.
– Our 1st phase target is the $100+M market for Backyard Chickens, Reptiles, Zoos in the US and Europe
– Our 2nd phase is the worldwide fish meal market which is growing to $10B by 2023 (BSFL can replace 50% of this market)
– Our 3rd phase is the $460B poultry and livestock feed market of which BSFL can replace 5%+ of this market, or $23B+