Feed & Additive Magazine Issue 23 December 2022

ISSUE FOCUS 24 FEED & ADDITIVE MAGAZINE December 2022 Modern pet parents are looking for ways to feed their four-legged family members in much the same way that they feed themselves. According to ADM’s 2023 global trends research, this includes a preference for pet food that aligns with the popular flexitarian lifestyle, in which many sources of protein, both traditional and alternative, are used to comprise a more sustainable and earth-friendly diet. Additionally, exactly what ingredients are used in their pets’ food, where it comes from, who made it and how it was made are of growing importance to both North American and global consumers. To meet these needs, ADM Ventures, the corporate venture capital division of ADM, has made two new important partnerships to support the development of expanded protein sources and earth-first production practices. Bond Pet Foods is a pioneer at the forefront of alternative protein, employing precision fermentation to make nature-identical chicken, beef, fish and other meat proteins for pet food applications. Innovafeed, a leader in the growing space of insect proteins, has taken advantage of the approval by the Association of American Feed Control Officials (AAFCO) for black soldier fly larvae (BSFL) to be used in adult dog food and treats in the U.S. ADM’s investment in these two forward-thinking companies represents its commitment to producing pet food the right way, to benefit pets, people and the planet. PRECISION FERMENTATION AS A PET PARENT PREFERRED SOLUTION The 163 million dogs and cats that comprise America’s pet population eat an enormous amount of protein. As the world’s population continues to increase, responsible protein production is of critical importance, particularly for animal protein which has a significant impact on the planet’s land, water and energy resources. Bond Pet Foods is solving this problem by applying precision fermentation to produce nutritionally complete nature-identical meat proteins for dogs and cats that are far less resource intensive than their animal protein counterparts. “We’re excited to be a part of this next chapter of Bond Pet Foods’ growth,” said Jorge Martínez, President, Pet Nutrition for ADM. “More and more, consumers demand their pets eat the same sustainable, responsibly produced food that they themselves eat, and proteins produced by precision fermentation are key to being part of the future of the industry. We’ve expanded our capabilities and are proud to be part of the Bond Pet Foods journey.” Precision fermentation, Bond’s production proJorge Martínez President Pet Nutrition, ADM ADM ACCELERATES PLANET-FRIENDLY PET FOOD INNOVATIONS ADM Ventures invests in two startups on the leading edge of developing alternative proteins for pet food, including animal-free proteins created by precision fermentation and alternative protein made from insects.

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