This presentation is about using sustainable fly farming and processing techniques to get commercially viable protein source as fish and soy meal alternatives.
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Black Soldier Fly Business pitch
1. Meet Your Future Friend
The BSF(Black Soldier Fly)
The FUTURE of FOOD
2. Problem
● The Protein Gap(Lack of protein)
● Nutrient Recycling(Waste
problem)
● Rising Fish Meal Price
● Rising use of land for soybean
cultivation
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7. Business Model
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Process:
1. Waste at zero cost
2. Free transportation of waste
3. Pre-processing cost of waste at
by using a shredder
7. 1% Larvae oil, 10% Larvae
meal and 30% compost output
from waste.
9. Marketing Plan
• Introduce the product in the market during December(Due to
low fish meal availability)
• Use existing network of fish meal dealers and distributors
• Use online service to promote the product
• Use government channels to sell compost
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10. PORTER’S ANALYSIS
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Substitute Products
● Fish Meal, Soybean Meal and other
grain meals comparatively Larvae
meal is the cheapest if produced in
scale.
Barriers to Entry
● Obtaining Licenses & Neighborhood
approval can be challenging.
Bargaining Power of Customers
● Moderate bargaining power based on
studies.
Bargaining Power of Suppliers
● Homogenous product therefore low
switching cost.
Intensity of competitive rivalry
● Low competition initially due to lack of
product availability, but high
competition after 5 years due to easy
scalability.