Tyson Foods Turns Its Attention To Protein Snacks, While Tackling Food Waste

February 21, 2018: 12:00 AM EST

Giant U.S. meat producer Tysons Foods has set its strategic sights on the snack business in a way that will put some of its scraps to good use. A company R&D team was given six months to figure out a way make protein-based snacks from materials that would otherwise go to the landfill. As consumers turn away from sugary snacks, they are buying more protein snacks, creating a $2.9 billion market in 2017. Tyson thinks it can take ingredients like poultry scraps, spent grain from brewers, and vegetable pulp from juicers to create high-protein snacks. Tyson has already begun to branch out from poultry into snacks: its acquisition of Hillshire Brands in 2014 brought with it the jerky brand Golden Island, and Tyson has used the Hillshire name to launch a line of meat snacks. [Image Credit: © Tyson Foods]

Megan Durisin et al., "Tyson Innovation Lab Aims to Turn Scraps Into Snacks", Bloomberg, February 21, 2018, © Bloomberg Finance L.P.

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