(Bloomberg) -- Archer-Daniels-Midland Co. is partnering with French firm InnovaFeed SAS to expand the use of insect protein in U.S. pet food.
InnovaFeed will begin research and development operations at what it calls the world's largest insect-protein facility in Decatur, Illinois, later this year, the company said in a statement.
The partnership with ADM follows recent U.S. regulation allowing the use of black soldier fly in food for dogs. Insects are seen as an alternative protein that can help the food industry burnish its sustainable credentials amid rising demand for animal feed and greater scrutiny of carbon emissions.
READ MORE: ADM to Host Giant Insect Farm in Bet on Sustainable Animal Feed
The market may develop beyond pet food to what people eat. InnovaFeed is also targeting the U.S. in 2022 as a promising market, offering some products as alternative ingredients to animal and plant-based protein.
©2022 Bloomberg L.P.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
