Please ensure Javascript is enabled for purposes of website accessibility
Tyson Foods Diversifies into Insect Protein Market
By admin
Published 1 year ago on
October 20, 2023

Share

Getting your Trinity Audio player ready...

Tyson Foods, a leading US meat producer, is venturing into the insect protein market. The company has invested in Protix, a Dutch firm that specializes in insect ingredients, and is collaborating with them to establish a US factory. The facility will utilize animal waste to feed black soldier flies, which will then be processed into food for pets, poultry, and fish. The financial details of the deal remain undisclosed.

The insect protein, while not intended for human consumption at this stage, is seen as a sustainable food source. A 2021 Rabobank report predicted that the demand for insect protein, primarily as an ingredient in animal feed and pet food, could surge to half a million metric tons by 2030, a significant increase from the current market of around 10,000 metric tons.

Tyson Foods, based in Springdale, Arkansas, does not manufacture pet food but sells its animal byproducts for use in the pet food and aquaculture market. The company sees the insect ingredient market as a promising growth area that could provide a larger revenue stream and help reduce waste.

The Growing Demand for Insect Protein

The insect ingredient market is expanding rapidly, with more startups entering the space due to the growing demand for insect protein. The partnership with Tyson Foods will enable Protix to scale up its operations and bring its solutions to a global stage.

Insect farming is considered more sustainable than traditional meat production, as it requires less land, water, and energy. Insects also consume waste that would otherwise be discarded, further reducing the environmental impact.

Read more on CNN.

RELATED TOPICS:

DON'T MISS

What California Can Learn From Texas on Rebuilding After a Natural Disaster

DON'T MISS

Trump Is Going Woke on Energy

DON'T MISS

Live Horse Racing Out for 2025 Big Fresno Fair

DON'T MISS

Fresno Councilmembers Want to End Sending of Homeless People to City

DON'T MISS

Fresno Agencies Scramble for Clarity on Trump’s Ordered End to Federal Aid

DON'T MISS

Trump Offers All Federal Workers a Buyout With 7 Months’ Pay

DON'T MISS

California Shoots Down Trump’s Claim That US Military ‘Turned on the Water’

DON'T MISS

Federal Judge Temporarily Blocks Trump Administration Freeze on Federal Grants and Loans

DON'T MISS

Will You Boycott Super Bowl Because of Alleged Referee Favoritism for Chiefs?

DON'T MISS

Warriors to Retire Andre Iguodala’s No. 9 Jersey

UP NEXT

When Foster Farms Closes Turlock Turkey Plant, What Happens to 519 Jobs?

UP NEXT

General Motors Swings to 4th Quarter Loss on Toughing China Conditions

UP NEXT

California Considers Letting Victims of Natural Disasters Sue Oil Companies for Damages

UP NEXT

US Consumer Confidence Dips Again to Start the Year, According to Business Group

UP NEXT

California Utility Reports Fault on Power Line Miles Away From Origin of Deadly Eaton Fire

UP NEXT

California Projected to Lose Congressional Seats While Texas, Florida Gain

UP NEXT

Tech Stocks Fall as Chinese Rival Threatens AI Lead; Nvidia Drops 18%

UP NEXT

Wall Street Banks Prepare to Offload Billions in Musk’s X Debt

UP NEXT

US Home Sales in 2024 Fall to Lowest Level in Nearly 30 Years as Prices, and Mortgages, Soar

UP NEXT

AG Bonta Sues Tulare Over Cold Storage Project. Are State Minimums Not Enough?

Fresno Councilmembers Want to End Sending of Homeless People to City

15 hours ago

Fresno Agencies Scramble for Clarity on Trump’s Ordered End to Federal Aid

15 hours ago

Trump Offers All Federal Workers a Buyout With 7 Months’ Pay

17 hours ago

California Shoots Down Trump’s Claim That US Military ‘Turned on the Water’

17 hours ago

Federal Judge Temporarily Blocks Trump Administration Freeze on Federal Grants and Loans

17 hours ago

Will You Boycott Super Bowl Because of Alleged Referee Favoritism for Chiefs?

20 hours ago

Warriors to Retire Andre Iguodala’s No. 9 Jersey

20 hours ago

Israel’s Prime Minister Says Trump Has Invited Him to the White House on Feb. 4

20 hours ago

Trump Administration Halts HIV Drug Distribution in Poor Countries

20 hours ago

‘Doomsday Clock’ Moves Closer to Midnight Amid Global Threats

20 hours ago

What California Can Learn From Texas on Rebuilding After a Natural Disaster

Can California learn from other states about housing recovery after a natural disaster? Sameea Kamal CalMatters That’s the idea beh...

3 hours ago

3 hours ago

What California Can Learn From Texas on Rebuilding After a Natural Disaster

Indiana Coal Plant
3 hours ago

Trump Is Going Woke on Energy

14 hours ago

Live Horse Racing Out for 2025 Big Fresno Fair

15 hours ago

Fresno Councilmembers Want to End Sending of Homeless People to City

15 hours ago

Fresno Agencies Scramble for Clarity on Trump’s Ordered End to Federal Aid

President Donald Trump greets a Marine Corps honor guard as he disembarks Marine One upon arrival on the South Lawn of the White House in Washington, Monday, Jan. 27, 2025. (AP/Rod Lamkey, Jr.)
17 hours ago

Trump Offers All Federal Workers a Buyout With 7 Months’ Pay

California water system
17 hours ago

California Shoots Down Trump’s Claim That US Military ‘Turned on the Water’

President Donald Trump speaks to reporters aboard Air Force One en route from Miami to Joint Base Andrews, Md., Monday, Jan. 27, 2025. (AP/Mark Schiefelbein)
17 hours ago

Federal Judge Temporarily Blocks Trump Administration Freeze on Federal Grants and Loans

Help continue the work that gets you the news that matters most.

Search

Send this to a friend