Tyson Foods: Powering the Future of Proteins

Tyson Foods, Inc. is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935, the company’s purpose is to feed a growing world and continually raise expectations for how much good food can do. To date, it is a global organization with US$53 billion in revenues for the financial year 2022 and is present in 16 countries.

In a conversation with #biztechasia, Yeong Sheng Lee, the VP for Commercial at Tyson Foods Asia Pacific, spoke about the company’s operations in the Asia Pacific, the opportunities that this market presents, and how it aims to tap into the region’s position as the protein powerhouse and key market for protein-based foods by 2025.

Sheng also shared Tyson Foods’ perspective around food security and global inflation, the measures undertaken by the company to tame the impact of inflation on its business and customers, including how the company aims to help local economies become more sustainable and self-sufficient.

Additionally, he touched on:

• The company’s partnership with Malayan Flour Mills Berhad, the strategy around this acquisition, and the results of this partnership.
• Capitalizing on Malaysia’s position as a renowned global halal hub.
• The company’s plans to capture the alternative proteins market in Asia.
• Tyson Food’s competitive edge over its competitors in a crowded alternative protein space.

Guest: Yeong Sheng, Lee, VP Commercial, Tyson Foods Asia Pacific

Host: Brian Fernandez

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