Drugs, biofuel and handbags: meat byproducts are big business - News Summed Up

Drugs, biofuel and handbags: meat byproducts are big business


Meat byproducts such as tallow, collagen and blood are increasingly earning money for farmers; last year $1.6 billion worth of byproducts were exported, 17 per cent of the value of total meat exports, figures from the Meat Industry Association show. Byproducts of the meat industry such as animal fat (tallow) are marketed as ‘‘specialty ingredients and materials’’. In the past year, the supply of animal tallow from sheep and cows has been completely “mopped up” for use in biofuels. Other meat byproducts include skins, which are sold for leather, much of it to Italy for use in fashion. Anzco’s healthcare division business manager Steve Cartwright said the meat company used byproducts in pharmaceutical, biotechnology and biomedical products.


Source: Stuff June 07, 2021 06:01 UTC



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