Please ensure Javascript is enabled for purposes of website accessibility
Tyson Foods Diversifies into Insect Protein Market
By admin
Published 8 months 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

Fresno Police Intensify Efforts Against Impaired Driving

DON'T MISS

New AD Garrett Klassy Aims to Brand the Bulldogs as the ‘Work & Grit’ Teams

DON'T MISS

Fresno County Traffic Stop Leads to 262 Pound Crystal Meth Bust

DON'T MISS

One of Fresno’s Biggest Names in Fighting Opioid Addiction Sued for $126K

DON'T MISS

Your Guide to July 4th Fireworks Displays Throughout the Valley

DON'T MISS

‘I Know I’m Not a Young Man’: Biden Confronts Doubters During Forceful Rally

DON'T MISS

Here’s 108 Reasons Not to Light Fireworks on July 4 in Fresno

DON'T MISS

Apple Is at It Again! Fresno Will Not Be 120 Degrees

DON'T MISS

Sha’Carri, Lyles, McLaughlin-Levrone Cruise Through Early Rounds at US Olympic Track Trials

DON'T MISS

Joe Biden Is a Good Man and a Good President. He Must Bow Out of the Race.

UP NEXT

Sun Kissed Festival May Bring Thousands. Property Dispute May Leave Them With Nowhere to Park.

UP NEXT

Planning on Traveling for the Fourth of July Holiday? Here’s How to Avoid the Rush

UP NEXT

US Economic Growth for Last Quarter is Revised Up Slightly to a 1.4% Annual Rate

UP NEXT

Walgreens to Take a Hard Look at Underperforming Stores, Could Shutter Hundreds More

UP NEXT

Supreme Court Blocks Enforcement of EPA’s ‘Good Neighbor’ Rule on Downwind Pollution

UP NEXT

How Troops Convicted Under Gay Sex Ban Can Seek Biden’s Pardon—Will Benefits Follow?

UP NEXT

Corruption Law Allows Gifts to State and Local Officials, Supreme Court Rules

UP NEXT

Amazon Joins Exclusive Club, Crossing $2 Trillion in Stock Market Value for the First Time

UP NEXT

The Benefits, Concerns, and Pathways for Hydrogen Fuel in the Central Valley

UP NEXT

US Military Shows Reporters Pier Project in Gaza as It Takes Another Stab at Aid Delivery

One of Fresno’s Biggest Names in Fighting Opioid Addiction Sued for $126K

7 hours ago

Your Guide to July 4th Fireworks Displays Throughout the Valley

8 hours ago

‘I Know I’m Not a Young Man’: Biden Confronts Doubters During Forceful Rally

8 hours ago

Here’s 108 Reasons Not to Light Fireworks on July 4 in Fresno

9 hours ago

Apple Is at It Again! Fresno Will Not Be 120 Degrees

10 hours ago

Sha’Carri, Lyles, McLaughlin-Levrone Cruise Through Early Rounds at US Olympic Track Trials

10 hours ago

Joe Biden Is a Good Man and a Good President. He Must Bow Out of the Race.

11 hours ago

What’s Next as Fresno Looks for 3rd Police Chief in 5 Years?

11 hours ago

NHRA Drag Racing Great John Force Has Head Injury, Team Says ‘Long Road’ to Recovery Ahead

11 hours ago

Under Newsom’s Governorship, Homelessness Crisis Still Haunts California

12 hours ago

Fresno Police Intensify Efforts Against Impaired Driving

The Fresno Police Department is stepping up efforts to combat impaired driving, with targeted patrols planned for Saturday, June 29 from 4 p...

6 hours ago

6 hours ago

Fresno Police Intensify Efforts Against Impaired Driving

6 hours ago

New AD Garrett Klassy Aims to Brand the Bulldogs as the ‘Work & Grit’ Teams

7 hours ago

Fresno County Traffic Stop Leads to 262 Pound Crystal Meth Bust

7 hours ago

One of Fresno’s Biggest Names in Fighting Opioid Addiction Sued for $126K

8 hours ago

Your Guide to July 4th Fireworks Displays Throughout the Valley

8 hours ago

‘I Know I’m Not a Young Man’: Biden Confronts Doubters During Forceful Rally

9 hours ago

Here’s 108 Reasons Not to Light Fireworks on July 4 in Fresno

10 hours ago

Apple Is at It Again! Fresno Will Not Be 120 Degrees

MENU

CONNECT WITH US

Search

Send this to a friend