Edible Insect Farming And Processing Business

1. Edible Insect Farming And Processing Business • Available Reports on this Title – • http://meticulousbplans.com/product/edible-insect-farming-and-processing/ • Business Feasibility Study Report • Business Model • Project Report • Business Plan • Detailed Project Report

2. Executive Summary and Analysis • Insects have a good amount of proteins, dietary fibers, vitamins, minerals, etc. Their nutritional value does not differ from the nutritional value of other meat sources like chicken, pork, beef and fish. • Insect farming and processing into products offers potential benefits like the environmental sustainability, create potential job opportunities for people residing in poor areas, high nutritional value than the traditional meat, etc. • The most popular insect species employed for human consumption include the crickets, termites, mealworms, grasshoppers, migratory locusts, bees, etc. among which crickets have the highest demand in the market. • As per MBP analysis, the global market for edible insects is anticipated to grow at the CAGR of 24% annually and reach the figure around a thousand million dollars in the next five years.

3. Competitive Advantage & Pre-requisite Pre-requisite Revenue Generation Skilled Worker Limited Competitors Employment Generation Business License 4 2 3 Land location Competitive Advantages 5 1 Required Technical Expert Raw Material Availability Market Potential Supply Chain and Logistics

4. Market Dynamics Growth Drivers Opportunities • Hardly any regulatory barrier for insect foods. • Rising competency for production of sustainable source of food. • Increasing demand for protein-rich foods. • Limited competitors. Challenges Threat • To know the toxicity of unknown species • Lack of awareness. • New entrants. • Inborne allergy of the human body towards such foods.

5. Financial Summary • Project – Edible Insect Farming And Processing Business • Product Type–Insect Powder/Flour, Insect Protein Bar, Insect Beverage, Insect Oil, Etc. • Initial Investment – 5000 USD • Capital Investment – 4000 USD

6. Project Profile – Project Details Manpower Required Legal Requirements Product Portfolio Edible Insect Farming And Processing Business Business & Industry Requirement Skilled Labor & Executive Employee Products Employment Generation List Skilled Labor – XX Unskilled Labor – XX Plant executive – X ( for Dock, Process, Product, Store & for Lab) Supervisor – X Operator -X Admin Executive – X (Admin, HR, Account & Finance) Marketing Executive – x (Sales & Marketing) Director – X (Admin, Operation, Marketing & Finance) • Insect Powder/Flour, • Insect Protein Bar, • Insect Beverage, • Insect Oil, etc. PAN & TAN MSME Registration Shop Act GST FSSAI XXX XXX XXX XXX XXX

7. Start-up Budget and Production Details Slide Title • Budget (INR) • Pre-operative Expenses – XX,00,000 • Fixed Capital – XX,00,00,000 • Working Capital ( X Month) – X,00,00,000 • Total Investment – XX,00,00,000 • Cost Per Unit – XX INR • Price Per Unit – XX INR • Profitability – XX % • BEP – XX Years • ROI – XX % Production Details Operation – 1st Year – XX%, Second Year – XX% and 3rd Year – XXX% Working Days – X00 Per Annum Land Requirement – Non Fertile Agri Land / Industrial Land Area Required – X Sq. ft. Power Requirement – XX – X00 Kw (x Phase) Water Requirement – XX,000 LPD Transportation – XX, Km

8. Recent News(Timeline) & MBP Analysis • IGA becomes the first major supermarket brand in Australia to stock edible crickets, in the form of Australian-based company Grilo Organic’s protein bars, cricket powder and smoothie protein blends.  • Finnish startup EntoCube built a €250k edible insect farm inside an old mine as it will make insect farming cheaper by taking it 1436m underground. • With bug cuisine gaining traction, the Florida Museum of Natural History has opened a new exhibit discussing its relevance, recipes and environmental impact.

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