Poultry business update: What did you miss this March?
We’re keeping our finger on the pulse and bring you a summary of the latest business updates from the global poultry industry from March, including Targan’s US$100m growth financing deal, Hubbard’s R$60m investment to expand production in Brazil, and the world’s largest single-cell protein project in Saudi Arabia. This and more from the global poultry industry.
Targan secures US$100m growth financing
Targan announced a US$100 million financing agreement with Symbiotic Capital, a private credit fund specialising in the healthcare sector. The deal closed in December 2025 and included an initial funded tranche of $30 million. The financing provides additional capital to support the company as it accelerates commercial deployment of its flagship technology, WingScan.
Hubbard invests R$60m to increase production in Brazil
Responding to growing demand from poultry producers, broiler breeding company Hubbard has announced a strategic investment of R$60m (about US$11.4m) to increase its Grandparent operation in Luziânia, Goiás. This investment will increase the production capacity in Brazil to meet rising demand for the Hubbard Efficiency Plus breed.
2026 Alltech Asia Import Risk Analysis highlights key regional and animal-specific mycotoxin concerns
Alltech has released the results of its 2026 Alltech Asia Import Risk Analysis. Now in its 5th edition, this report uses data from the Alltech Harvest Analysis to provide Asian feed and livestock producers with the insights needed to optimise nutritional strategies in the coming months. The report identifies key themes by region, and contains risk assessments for individual species, such as broilers, grow/finish pigs and dairy cows.
Partnership aims to build the world’s largest single-cell protein plant in Saudi Arabia
Saudi Industrial Investment Group (SIIG) and biofermentation company Unibio International will build the world’s largest single-cell protein plant in Saudi Arabia through an 80:20 joint venture. The plant will use Unibio’s proprietary vertical loop bioreactor technology to convert methane into Uniprotein, a sustainable animal feed ingredient. It will start with 50,000 tonnes a year and is expected to expand to more than 300,000 tonnes. Uniprotein has been tested successfully in various animal species. Non-GMO, free from pesticides, and fully traceable, it is approved for aquaculture in Saudi Arabia, for feed in the EU and has additional registrations globally.
Cargill upgrades Cedar Rapids (Iowa) facility for postbiotic fermentation
Cargill Animal Nutrition & Health has invested US$3.5 million in infrastructure to enable postbiotic fermentation at its Cedar Rapids, Iowa facility. Nutrition solutions produced in Cedar Rapids are shipped both domestically and internationally. The upgrades were completed in February 2026 and are now fully operational.
Adisseo expands butyrate portfolio with Sanion Tetra
Adisseo has launched Sanion Tetra 50 and Sanion Tetra 70. Part of Adisseo’s Animal Resilience portfolio, these protected sodium butyrate additives with 50% and 70% active content and have been designed to support gut health and animal performance.
Antonin Bonneau appointed as president of Aviagen Asia
Aviagen welcomes Antonin Bonneau as its new president of Asia, effective 11 April 2026. Antonin brings more than 24 years of international leadership experience across Asia, with a strong understanding of diverse poultry markets and customer needs. Known for his entrepreneurial approach, he has driven business growth through strategic planning, practical execution, and the leadership of cross-functional teams in multicultural environments.
