The edible bug business is expected to grow to a whopping $720 million by 2024.
Looking to meet demand is the Aspire Food Group, co-founded by former MBA student聽Mohammed Ashour.
Next year, Aspire will scale its 25,000-square-foot operation into an adjacent building that is ten times larger.
Aspire Food Group, a manufacturer of food products made from crickets co-founded by former MBA student聽Mohammed Ashour, announced that it has acquired Exo, a producer of protein bars made from crickets.
According to Ashour, 鈥淭here was such a great meeting of minds it very quickly evolved into Aspire acquiring Exo. The synergy and logic just make sense鈥�.
Restauranteurs and entrepreneurs around the world are heeding the call for more sustainable food sources. Among them is the Aspire Food Group, which has recently doubled its production of crickets for human consumption at its Texas farm.
And they are not the only ones to recognise the value of insects as food. The edible bug business is booming, with a global market of $33 million in 2015, according to the research firm Global Market Insights, which expects it to grow 40 percent by 2023.
Former MBA student Mohammed Ashour聽and the Aspire Group have come a long way since winning the Hult Prize in 2013 for their vision of creating a high-tech cricket farm to produce foods for human consumption.
The Aspire Group has since erected a 25,000-square-foot building in Austin, Texas, which produces roughly 22 million crickets every month.
Despite great headway, Ashour recounts his plans for further expansion, along with the nutritional benefits of crickets.
Mohammed Ashour, co-founder of Aspire Food Group, received the Highly Commended Award at FoodBytes, a startup competition that supports innovative ideas in food and agriculture. The Aspire Group transforms crickets into high-protein powder and snacks, and are looking to expand their market into the U.S., where the aversion to insects as food seems to prevail.
As the world鈥檚 population increases, the pressure to find an ecologically-feasible protein source is mounting, so former MBA student聽Mohammed Ashour聽of the Aspire Food Group is bringing a foreign concept to the US: eating insects. Long a staple protein source in many countries, bugs offer a bigger protein hit, and require fewer resources than traditional livestock does.
On Saturday, Dec. 3, 鲍鱼直播 will be hosting the Hult Prize @ 鲍鱼直播 鈥� the university-level competition for the prestigious Hult Prize. The Hult Prize is a social entrepreneurship challenge that invites student teams to solve some of the world鈥檚 toughest challenges, affording them a chance to win $1,000,000 in seed funding. Winners from the University will go on to represent 鲍鱼直播 at the regional competitions in March 2017.
Depuis quelques temps, la nourriture 脿 base d'insectes semble de plus en plus populaire. Un succ猫s qui pourrait bien encore monter d'un cran avec cette d茅couverte. Des 茅tudiants de l'Universit茅 鲍鱼直播 ont mis au point une farine fabriqu茅e 脿 base d'insectes et destin茅e 脿 faire du pain et d'autres aliments.
It鈥檚 not news that聽Canada has an Innovation Problem. Over the years, governments have tried their hand at fixing The Problem, and yet, we continue to underperform against peer nations.
Aspire co-founder and COO Gabe Mott is a neuroscientist who never imagined he would be a cricket farmer. He is聽also a vegetarian, but he makes an exception for聽insects because he believes they are ethical, sustainable, and 鈥渁 reasonable distribution of food.鈥澛犅�
He absolutely gushed over the succulent calamari-texture and sweetness of the palm weevil his company supports in Ghana.聽
The very thought of eating insects grosses people out. The image of a creepy, crawly, bug working its way down your windpipe doesn鈥檛 exactly conjure up feelings of the contentment we feel with other foods.
But why not? How is it that a cow, pig, chicken, or fish seem more appetizing than other creatures? In other cultures who don鈥檛 have the 鈥渓uxury鈥� of consuming conventional sources of protein regularly, insects are a perfectly legitimate choice. In fact, 2 billion people worldwide eat insects regularly as a food source, and North America is JUST starting to catch on.
Would you rather miss a PB by a single second, or eat a grasshopper? Runners who are聽competitive enough would聽probably strongly consider the grasshopper in this moment鈥� being grossed out is temporary, but pride is forever, right? Eating insects isn鈥檛 new. Including bugs are a main food ingredient (the technical term is聽entomophagy) is however becoming more trendy.
Recent 鲍鱼直播 law grad Shobhita Soor says she is 鈥済rateful to be in good company,鈥� after being recognized by Forbes magazine as a breakout talent of 2016 30 Under 30 list.聽
Along with her teammates 鈥� while studying in the joint civil-common law and MBA program 鈥� Soor helped create a company that addresses food security around the world with innovative technology.
La soci茅t茅 Aspire, fond茅e en 2012 par 5 dipl么m茅s de 鲍鱼直播, appara卯t au classement de Forbes. Aspire, qui a remport茅 le prestigieux prix Hult en entrepreneuriat social, se sp茅cialise en agriculture et en alimentation.
Lire l'article complet: , Janvier 5, 2016
Kyei Manu is one of four people farming palm weevil larvae in Donyina village under a scheme run by Aspire Food Group, which operates Ghana鈥檚 first commercial insect farm. Aspire wants to bring insects from the culinary margins to the mainstream to address food shortages, as well as to boost people鈥檚 iron intake.
... Aspire was founded by students from 鲍鱼直播 in 2013, and launched the Ghana project last year.
