One working group of the Pet Food Alliance is progressing toward this goal for the pet food and rendering industries.

According to research, squid meal and shrimp hydrolysate may offer sustainable and nutritional benefits.

The biotech startup will use the funds to scale the production of its sustainable protein ingredient.

In its 2023 Year Ahead report, CoBank detailed that inflation will continue to plague the industry, as well as those that rely on it, like pet food.

Under the partnership, the company will work with Fullpet Co. to promote the development of functional, healthy pet foods.

The company plans to invest $550 million in a new soy protein plant located in Indiana.

The facility will upcycle fish trimmings, transforming them into fishmeal and fish oil for use in pet food.

Binders can help create a desired texture, structure and stability in wet and dry pet food and treat formulations.

Among its expansion plans, the company will construct a protein conversion facility to create pet food ingredients.

The company’s Nutrition segment will acquire F.L. Emmert.