They mainly focus on developing insect protein for animal feed or insect snacks, such as cricket flour. Some companies are developing patented technologies to extract high-value biomaterials from insects.
Enterprise Singapore said that as a regional R&D center, Singapore can become a springboard for local and European insect companies to cooperate in the industry to develop insect-based food. In addition to this, farmed insects can also be used as animal feed or organic fertilizers.