How Cargill is addressing GMO concerns, and looking to Asia for growth
American agribusiness Cargill has its sights set on moving up the food chain and focusing on the aquaculture and meat segments, with Asia expected to be a key market.
Since the company spent $1.5 billion acquiring Norwegian salmon-feed manufacturer EWOS in 2015, it has realigned its portfolio to focus on its core food production business, Cargill Chairman and CEO David MacLennan told CNBC's "Managing Asia."
"(T)he rate of growth of fish consumption in the world greatly exceeds pork consumption in the world. We see that trend and we're getting on it," MacLennan said.
MacLennan expressed interest in the prospects Asia offers, adding that Cargill has made recent investments in the region. Among them are a chocolate facility in Indonesia, feed mills in Vietnam and South Korea, and joi...









