August 6, 2020
Cargill invests US$15 millionin cattle bypass fat plant in India
Cargill said on August 6 that it has invested US$15 million (~Rs 112 crore) to set up a plant in Kurkumbh, Maharashtra to manufacture health and nutrition supplement bypass fat for dairy cattle, Northeast Today reported.
Commercial production has commenced at the high-pressure hydrogenation plant, and the product will be marketed under the global brand Carfe.The product is already available in developed dairy cattle markets worldwide.
"We have made a total investment of $15 million to set up this plant. It has an annual capacity of 35,000 tonnes, making it one of the largest facilities to manufacture bypass fats and speciality waxes in the country," says Keerthy Pethaiyan, regional director, Cargill Bioindustrial, India in a virtual press conference.
Bypass fat is a source of energy for dairy animals, and Pethaiyansaysthat it will help in improving milk yield by 7-10% and also fat content.
India has been the top milk producer in the world for over two decades but milk productivity per animal is still low in comparison to the world average, Pethaiyan adds.
On the market size for bypass fat, Pethaiyan says the current size is about 30,000-35,000 tonnes in India and it is expected to double by 2025.
He says the company targets to capture significant market share.