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Insect protein,long hailed as a sustainable food source,hasn’t caught on in the mainstream. But in recent years, interest in insects as ingredients for animal food has been growing.
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Shreeji Translogistics Limited Share Price ✌️【Career Goals】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. The Springdale, Arkansas-based Tyson doesn’t make pet food, but it does sell its animal byproducts for use in the pet food and aquaculture market, which feeds fish, the CFO said. Byproducts likeanimal fats, hides and inedible proteins, if not used or reduced, can end up in landfills. In this case, Tyson can send what’s in the stomach of cattle it has processed to a Protix facility, where it’s fed to insects. For the company, creating a larger market for this type of waste can not only reduce waste but offer a larger revenue stream.
“One feature of being in the animal protein business is having to figure out … how to derive value from” waste, Tyson said. “We saw this as an extension of our existing business,” he said of the collaboration with Protix, adding that the insect ingredient market has “really attractive growth characteristics that would accelerate Tyson.”
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“There are more and more startups coming into the space because there’s so much demand for insect protein,” she said.
Partnering with Tyson will help Protix scale up, noted Kees Aarts, the company’s CEO. “These partnerships are really needed to bring solutions like ours onto a global stage,” he said.
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Shreeji Translogistics Limited Share Price ✌️【Career Goals】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. When insects eat animal waste, they are essentially serving as “mini bioreactors,” he said. “And these mini bioreactors, they are very inexpensive,” he said. “You don’t need to apply that much energy. It’s very sustainable.”
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