Tyson Foods partners with insect protein startup to develop ingredient facility
The meat giant will work with Protix to construct a plant dedicated to insect protein items in the U.S., for use in pet food, aquaculture and livestock production.
Tyson Foods announced a strategic investment with insect protein startup Protix to boost the presence of insect ingredients utilized in the food system, the company said in a statement. Tyson said it will acquire a minority stake in the company, but financial terms were not disclosed.
The meat giant said it plans to construct an ingredient facility in the U.S. with Protix that will “upcycle food manufacturing byproducts into high-quality insect proteins and lipids,” for use in pet food, aquaculture, and livestock production.
The agreement aims to combine Tyson’s ability to widely scale products with Protix’s insect protein technology to meet the growing demand for the ingredients.
Related news
Food Labels Should Indicate Whether Products Were Made Using AI, Say Consumers
Some 83% of consumers believe that food labels should state…
Read more >Target launches generative AI gift finder
The Bullseye Gift Finder debuted with a focus on toys…
Read more >Aldi opened nearly 120 stores in 2024
Fast-growing discount grocer gets closer to its goal of opening…
Read more >Related news
Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners
This year, Trade Magazine announced the Christmas TV Ads 2024…
Read more >This year’s CO-OP Star Silver Pine and Silver Star awards have been presented
As every year before Christmas, this December, the CO-OP Star…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >