Food Magazine October 2015 | Page 11

PROTEIN PRODUCTION IN SOUTH AMERICA
Peru . “ We have a projected growth of 1,000 percent due to the size , freezing capacity , storage and amount of
technology integrated in the plant ,” Altamar president and founder Alberto Pescatore said in a recent profile .
Where seafood suppliers are growing , they create an increase in opportunities for supplies and services . Minnesota-based Cargill has had a presence in Latin America since the 1960s — and a good deal of its

‘ Where seafood suppliers are growing , they create an increase in opportunities for supplies and services .’ recent growth in the region has been tied to an interest in commodity support for the aquaculture industry . In early 2015 Cargill Mexico invested $ 8 million USD into improvements at its Tehuacan aquaculture feed plant , reportedly as part of a bigger $ 16 million plan to increase Cargill ’ s status as a feed manufacturer of choice throughout Latin America . The company doubled down on this goal later in the year with the acquisition of EWOS , a Norwegian company specializing in salmon and trout feed . In addition to its plant in Norway , the acquisition also netted Cargill lucrative production plants in ( among other locations ) Chile , aiding the company further in its growth as a feed provider throughout Latin America .

With exports up and production rising , the future of protein is bright for Central and South America .
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