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.
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