Categories
Food Security Investments

ADQ’s strategy to support the UAE’s agri-food ecosystem

Abu Dhabi’s, ADQ has agreed to acquire a 50 per cent stake to buy 50% stake in agri-food specialist Al Dahra Holding. Al Dahra is a prominent multinational leader in agribusiness, specializing in the cultivation, production and trading of animal feed and essential food commodities and end-to-end supply chain management. Serving a large customer base spanning the Government and Commercial sectors, Al Dahra has a widespread geographic footprint, with a workforce of 5,000 employees, operating in over 20 countries and catering to more than 45 markets, with a leading position in Asia and the Middle East.

“Food and agri-business is of importance to ADQ’s strategy because it is high growth and important for Abu Dhabi’s socio-economic agenda. Since 1995 when Al Dahra was founded in the UAE, it has grown into a global food and animal feed company and is a pillar of Abu Dhabi and our country’s food security mandate. Al Dahra will complement our existing efforts to extend ADQ’s reach in food production and distribution. With our investment, Al Dahra will be well positioned to further expand its reach and footprint while enabling Abu Dhabi to reach its goals of continuing to diversify its food sources and growing into a regional food hub.”

H.E. Mohammed Hassan Alsuwaidi, Chief Executive Officer of ADQ

Al Dahra owns and operates 15 state-of-the-art forage processing and baling facilities globally. The company also cultivates different types of fresh produce, including a wide range of fruits and vegetables, as well as grains with infrastructure to facilitate grains’ trading. Al Dahra operates three rice mills with capacity to supply 500,000 tons annually in India, Pakistan and the UAE.

The company also owns shares in three flour mills in Greece and Bulgaria that have the capacity to supply 500,000 tons annually. Additionally, the company has an olive oil production plant in Morocco with an annual production capacity of 10,000 tons, and dairy farms in Serbia and the UAE with 20,000 cows and a production capacity of 80 million liters of milk annually.

Read more at Al Dahra

Categories
AgTech Protein

Insectta Receives R&D Funding to Fuel Insect Biomaterials Research

Insectta, founded in 2017, started as an insect farm focused on producing alternative proteins for animal feeds, but pivoted to the extraction of biomaterials from insects. As the first urban insect farm in Singapore rearing the black soldier fly (hermetia illucens), Insectta takes food waste and returns it into the economy as valuable biomaterials.

Trendlines Agrifood Fund, a medical and agricultural technologies focussed fund, has invested an undisclosed amount in Insectta, to fuel the work on the extraction of valuable insect-derived biomaterials.

Insectta manufactures black soldier fly chitosan, which is much purer and lower in heavy metals than conventional chitosan and have applications in pharmaceuticals, cosmetics, anti-microbial food packaging, and agrotech. The company is in the midst of developing a superior black soldier fly derived animal feed additive that functions as both a protein and a probiotic.

Read more at Trendlines

Categories
Fisheries

Fish Protein Hydrolysate Market Overview

Fish protein hydrolysates is an amino product as it contains high concentration of natural protein. They are manufactured using hydrolysis reaction on protein bonds which results in quick absorbing protein solutions. They are widely used in animal feed products as they aid in boosting the metabolic system against infections and reduce outbreak of diseases which is likely to foster fish protein hydrolysate market outlook. Fish Protein Hydrolysates Market size exceeded USD 420 million, globally in 2019 and is estimated to grow at over 4.5% CAGR between 2020 and 2026. Increasing disposable income & rising demand for easily digestible and high-quality protein powders will fuel the global industry growth.

Fish protein hydrolysate market is competitive and major industry players include SOPROPECHE, Diana Aqua, Copalis Sea Solutions, Scanbio, TripleNine, Hofseth Biocare, Bio-Marine Ingredients, United Fish, Weishardt and Omega Protein, 3D Corporate Solutions, Sociedad Pesquera Landes Sa, Janatha Fish Meal & Oil Products, Nutrifish, Drammatic Organic Fertilizer, Shenzhen Taier Biotechnology, TC Union Agrotech and United Fisheries.

Read more at Global Market Insights