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Food & Beverage

Tuna leader Thai Union charts a course for new waters

From insect protein to fish oil, company seeks a sustainable future

Fishermen and their families watch as a worker carries a yellow fin tuna off a fishing boat at fish at a port in General Santos City, Mindanao, southern Philippine. As global population growth and overfishing fuel alarm over depleted fishery stocks, seafood producers face pressure to develop a more sustainable business model.   © Reuters

BANGKOK -- Thai Union Group is expanding its horizons beyond its canned-fish stronghold, as growing concern about conservation of shrinking fish stocks casts a shadow over its decades-old business model.

The world's largest maker of canned tuna is developing value-added functional foods from fishery products that would otherwise go to waste, and investing actively in companies on the cutting edge of food tech.

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