PR95194

PARIS, March 29, 2022, /PRNewswire=KYODO JBN/ --

Jord Producers [https://www.jordproducers.com/ ], Nebraska-based, has been

incorporated into Ynsect's production portfolio, signifying the global leader's

entry into North American mealworm production. The move comes off the back of

Ynsect's [http://www.ynsect.com/en ] introduction to the US market in November

2021.

With the world's largest vertical insect farm in France, Ynsect transforms

Buffalo and Molitor mealworms into premium, high-value, sustainable ingredients

to feed animals, fish, plants and humans. Having raised more than $500 million,

Ynsect exports its products worldwide.

The addition of Jord Producers reflects Ynsect's expansion into the US market

and their entry into the backyard chicken feed market. During the pandemic, the

backyard chicken market saw significant growth in America. By 2026, the US

market is predicted to reach approximately $400M according by a recent study by

Arthur D. Little.

Over the last two years, the number of Americans rearing chickens has increased

to around 26 million. Emerton studies showed that 82% of US backyard chicken

owners prefer mealworms versus other insects. Recent trials conducted by Ynsect

have shown increased performance on egg size. Antoine Hubert, CEO and

Co-Founder of Ynsect commented, "We're very excited to continue establishing

our presence in the US, which is a priority market for Ynsect as we expand

globally. As an impact company, sustainability and support for the environment

is at the top of our agenda. We were obviously very impressed with Cheryl's

entrepreneurial skills. She co-founded Jord within the best agricultural region

in the US, allowing easy, local access to raw materials. It was therefore an

obvious choice for us."

Mealworms like those produced at Jord offer significant benefits to livestock

and pets alike as they contain all the amino acids a chicken needs for optimal

development: very high protein content (72% protein), highly digestible,

hypoallergenic and the potential to decrease skin diseases.

Cheryl Powers, CEO of Jord Producers, added: "Having built Jord Producers from

scratch with co-founders Kris Vrooman and Amber Klassen, becoming experts in

raising and distributing live and whole dried larvae to the backyard chicken

market, Jord Producers is delighted to join the Ynsect family. We're confident

that move will help us take the production of high-quality mealworms to the

next level."

With the incorporation of Jord Producers, Ynsect's production portfolio grows

to three vertical farms and one hatchery. This will eventually allow Ynsect to

increase volumes of mealworm larvae production and, will also help pave the way

into further entries into the petfood market, with ingredients like protein

meal and oil expected to be approved for production in the near future in North

America.

By using Ynsect's ingredients instead of other types of protein for pet food,

manufacturers benefit from using 98% less land and 45% fewer resources.

Furthermore, Ynsect utilizes a circular-economy model through its new vertical

farms to create value chains, fully aligned with the Paris COP21 Agreements

+1.5°C scenario, and the EU Fit for 55 target.

Ynsect - Anais Maury: anais.maury@ynsect.com / +33 (0)6 78 44 59 80

Sopexa – Rana Barbari: rbarbari@hopscotch.eu / + 353 15569720

SOURCE: Ynsect