CATDOLL : CATDOLL: What is the prospect of raising mealworms? Is it suitable for our area? How is the sales? Is it a scam?

CATDOLL: What is the prospect of raising mealworms? Is it suitable for our area? How is the sales? Is it a scam?

1. What is the prospect of raising mealworms? Is it suitable for our area? How is the sales? Is it a scam?

First of all, we need to understand the main economic role of mealworms:

1. Insect skin can be extracted to produce substances used in beauty products.

2. After drying, the larvae can replace high-quality fish meal.

3. Insect feces can be used as feed additives or directly used as green fertilizer.

According to incomplete statistics, the trading volume of dried mealworms has increased from about 1,500 tons last year to 1,800 tons this year. According to my analysis, the reasons why the trading volume of mealworms has increased compared with last year are mainly the following: 1. More and more related companies recognize the mealworm product. 2. With inflation, financial crisis and technological innovation, the cost of breeding and drying mealworms has been reduced.

3. The number of people engaged in mealworm farming is increasing.

4. The number of people engaged in various breeding industries has increased.

In fact, I have always believed that the reason why the mealworm industry has developed relatively slowly is the same as other aquaculture industries. The most fundamental reason is that costs cannot be reduced. Because the profits in the aquaculture industry are originally very low, capital and talents are not interested in these industries. Without talents and capital, there will be no equipment and technology updates, and costs cannot be reduced. It will be difficult to increase demand and profits will be even lower, thus entering a vicious circle.

With the full arrival of the global crisis, the economic depression, the decline in profits of traditional industries, the increase in the number of unemployed people, the reduction in wages, and the government's stimulus plans will to a certain extent promote the development of the breeding industry, of course, including mealworm breeding.

2. Is it really profitable to raise mealworms?

If you want to have your own market, there is not much point in just raising mealworms.

3. I want to raise mealworms. How can I sell them?

It depends on where you live. There are flower and bird markets along the coast. Inland China, there are scorpions, bullfrogs, and special breeding. There are special mealworm markets in our country. They are in Luoyang, Henan, and Heze, Shandong. If you live nearby, there is no problem. If you need more details, please read my related answers.

4. Prospects and value of mealworm breeding

I bought a pound of them and am trying to raise them. Now all the franchisees are speculating on the worms. They will limit your breeding scale and won’t let you sell them to others... Raising them is easy, but it’s hard to find a market for them. It’s so worrying!! If you want to raise them, don’t expect others to buy them back. Find a market for them yourself...

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