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Japan's Sumitomo taps into insect feed business

Trading house aims to sell 30,000 tonnes of food for farmed fish by 2030 in Japan

Sumitomo Corp. plans to sell insect feed for farmed fish, made by grinding black soldier flies.   © Reuters

TOKYO -- Japan's Sumitomo Corp. will begin selling insect-based feed for farmed fish in Japan later this year, becoming the country's first large trading house to do so.

Insects are attracting global attention as a valuable source of protein amid decarbonization efforts. The company aims to import and sell 30,000 tonnes of insect feed by 2030.

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