Thai Union turns to insects for fish foodMr Thiraphong says foreign startups in foodtech are interested in setting up operations in Thailand. "We can use alternative proteins to replace fish meal, but cost is the key and that is something these startups have to take care of." Thai Union has committed US$30 million (949 million baht) to a fund to invest in alternative proteins and other foodtech innovations. In the past decade, Thai Union has invested heavily in sustainability and last year ranked No.1 among the food industry on the Dow Jones Sustainability Index. Despite the interest in alternatives, he said Thai Union will still focus on its core business of seafood.

Source: Bangkok Post March 13, 2020 03:11 UTC