Dutch insect agriculture company Protix is shifting its primary focus from Europe and North America to Asia. This strategic redirection is due to more favorable cost structures and regulatory environments in Asia, where energy, land, labor, and building costs are lower, and feedstock restrictions are fewer. In Europe, strict regulations on using post-consumer food waste and animal by-products as feed make operations challenging. Protix’s planned large-scale facility in North America with Tyson Foods is currently on hold. The company intends to establish joint ventures in Southeast Asia, contributing its expertise and genetics, while local partners provide feedstock and capital. Protix’s European facility in Bergen op Zoom will transition into a global development hub, and the company will generate revenue through consulting, technology licensing, and selling young larvae. Protix aims for cost competitiveness in Asian markets, especially for aquafeed.
Source: Protix targets Asia as Tyson-linked US insect ag project stalls