Chickens are an obvious option but what really stuck out to me was the opportunity for feeding farmed fish. Farmed fish need protein to grow (duh) and the protein they are fed is generally fishmeal made up of smaller "worthless" fish caught by commercial fishing vessels. The problem is that it takes 5 lbs of fishmeal to grow a pound of farmed fish. Not very sustainable if farmed fishing is supposed to protect wild fish populations. Fishmeal fetches a price between $1500 and $2000 per metric ton [2], so there is a market for a viable replacement.
In the end, I realized I was basically redesigning a company that a fraternity brother had started several years earlier - Grubbly Farms [3]. All this is to say that I think insects as a protein source are very exciting and I look forward to seeing how the industry evolves.
1 - https://en.wikipedia.org/wiki/Escamol
2 - https://www.indexmundi.com/commodities/?commodity=fish-meal&...