USA- Agri-solution giants, BASF and Cargill, have extended their animal nutrition cooperation by expanding their presence in the United States in the quest to offer high-performance enzyme solutions to animal protein producers.
The expanded partnership was announced at the International Production & Processing Expo (IPPE), taking place this week at the Georgia World Congress Center in Atlanta, Georgia, US.
The partnership comes at a time when the market size of the Farm Animal Feed Production industry in the US has recorded a gradual growth of 2.3% per year on average between 2018 and 2023.
Therefore, the partners have committed to bringing innovative enzyme-based solutions to the market, generating distinctive value for animal feed customers.
Just like the 2021 partnership, BASF and Cargill will co-develop, produce, market, and sell customer-centric enzyme products and solutions.
Adeptly, the partners intend to form a joint innovation pipeline for animal protein producers by combining the enzyme research and development strengths of BASF with Cargill’s know-how in the application and broad market reach.
With the expanded geographical reach, BASF and Cargill aim to bring the voice and commercial insights of US protein producers to craft the next generation of enzymes.
Through this next stage of collaboration , BASF and Cargill strive to deliver solutions that address productivity and cost challenges for US customers through solving the dilemma of nutrient waste, feed efficiency and sustainably promoting animal performance.
According to Gisele Santos Bin, global sales director for Feed Enzymes & Feed Performance Ingredients at BASF, the partnership will increase the value creation opportunities for animal feed customers, and the companies will also continue to build joint success stories.
“We are proud to be on this journey with Cargill to increase further the value creation opportunities for animal feed customers.”
In 2021, BASF and Cargill moved the relationship beyond pure distribution agreements into the joint development of new enzyme technologies and applications.