To increase the sustainability and energy efficiency of food processing, PepsiCo is interested in opportunities for extracting value from all food manufacturing by-products. Currently, this material is typically dehydrated and sold as low cost animal feed. PepsiCo is interested in alternative uses for by-products such as potato peels and starch, oat hulls, corn bran, coconut husks, and fruit peel.
Two categories of suggestions are of interest:
- Processing methods to transform or extract higher value products that could be used by PepsiCo within their own processing operations or sold as food or feed ingredients (e.g. ferulic acid from corn bran, powdered orange peel)
- Companies interested in these materials for further processing
Suggestions of interest will include:
- A description of the processing technology and equipment required
- An estimation of the volume of material that can be processed per year
- Manufacturers with interest in extracting or purchasing higher value products from specific by-products
- An indication of the market size and value for the ingredient or feedstock
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