Summary
Livin Farms´ vision is to feed the world while saving the planet. We develop, build and commercialise disruptive technology to transform food waste into high quality ingredients for feed, food and fertiliser.
The global demand for animal proteins will increase by 60% until 2030. Currently, the EU is importing 74% of high protein feeds that are needed for the most carbon-efficient livestock: fish and poultry. With arable land decreasing and climate change putting additional strain on production, insects are an extremely space- and climate-efficient solution.
However, it is extremely difficult for potential insect producers to enter the market, due to high infrastructure cost, lack of know-how and a sound business case. As the cost of feed accounts for more than half the production costs of insects, we decided to go to where feed is essentially free and the necessary infrastructure already available: Feed mills.
Our value proposition: Empower non-insect companies to use our insect technology to significantly increase their profit.
Our solution: A highly scalable insect farming concept consisting of an insect fattening plant together with the supply of baby larvae, combined with a service model.
Since 2015, we have successfully built, patented and launched two insect farming systems for the education space. Our products are distributed into more than 48 countries. Following our companies’ vision, since late 2018 our focus is on industrial insect farming.
We have a strategic partnership with Europe's largest retailer LIDL and have secured our first pilot customer, an Austrian feed mill. Overall, we have identified 175 potential customers in the EU. This corresponds to a market potential of €770 million for our business for bakery waste alone.
The global demand for animal proteins will increase by 60% until 2030. Currently, the EU is importing 74% of high protein feeds that are needed for the most carbon-efficient livestock: fish and poultry. With arable land decreasing and climate change putting additional strain on production, insects are an extremely space- and climate-efficient solution.
However, it is extremely difficult for potential insect producers to enter the market, due to high infrastructure cost, lack of know-how and a sound business case. As the cost of feed accounts for more than half the production costs of insects, we decided to go to where feed is essentially free and the necessary infrastructure already available: Feed mills.
Our value proposition: Empower non-insect companies to use our insect technology to significantly increase their profit.
Our solution: A highly scalable insect farming concept consisting of an insect fattening plant together with the supply of baby larvae, combined with a service model.
Since 2015, we have successfully built, patented and launched two insect farming systems for the education space. Our products are distributed into more than 48 countries. Following our companies’ vision, since late 2018 our focus is on industrial insect farming.
We have a strategic partnership with Europe's largest retailer LIDL and have secured our first pilot customer, an Austrian feed mill. Overall, we have identified 175 potential customers in the EU. This corresponds to a market potential of €770 million for our business for bakery waste alone.
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/101009212 |
| Start date: | 01-01-2021 |
| End date: | 31-12-2022 |
| Total budget - Public funding: | 3 625 000,00 Euro - 2 500 000,00 Euro |
Cordis data
Original description
Livin Farms´ vision is to feed the world while saving the planet. We develop, build and commercialise disruptive technology to transform food waste into high quality ingredients for feed, food and fertiliser.The global demand for animal proteins will increase by 60% until 2030. Currently, the EU is importing 74% of high protein feeds that are needed for the most carbon-efficient livestock: fish and poultry. With arable land decreasing and climate change putting additional strain on production, insects are an extremely space- and climate-efficient solution.
However, it is extremely difficult for potential insect producers to enter the market, due to high infrastructure cost, lack of know-how and a sound business case. As the cost of feed accounts for more than half the production costs of insects, we decided to go to where feed is essentially free and the necessary infrastructure already available: Feed mills.
Our value proposition: Empower non-insect companies to use our insect technology to significantly increase their profit.
Our solution: A highly scalable insect farming concept consisting of an insect fattening plant together with the supply of baby larvae, combined with a service model.
Since 2015, we have successfully built, patented and launched two insect farming systems for the education space. Our products are distributed into more than 48 countries. Following our companies’ vision, since late 2018 our focus is on industrial insect farming.
We have a strategic partnership with Europe's largest retailer LIDL and have secured our first pilot customer, an Austrian feed mill. Overall, we have identified 175 potential customers in the EU. This corresponds to a market potential of €770 million for our business for bakery waste alone.
Status
CLOSEDCall topic
H2020-EIC-SMEInst-2020-4Update Date
27-10-2022
Geographical location(s)
Structured mapping
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