Tyson, a major US meat producer, is making a bet on insect protein by investing in Protix, a Netherlands-based insect ingredients maker. The partnership aims to build a US factory that will use animal waste to feed black soldier flies, which will then be turned into food for pets, poultry, and fish. While the flies will not be used in human food, there is growing interest in using insects as ingredients for animal food. The demand for insect protein as an animal feed and pet food ingredient is expected to reach half a million metric tons by 2030. Tyson's collaboration with Protix not only helps reduce waste but also offers a new revenue stream. Insect ingredients have attractive growth characteristics and can help make the meat industry more sustainable by reducing its environmental footprint. Bugs take up less space and can subsist on waste that would otherwise be discarded, making them a valuable solution for waste management. By utilizing insects, the production of animal feed becomes more sustainable and cost-effective.
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