Additionally, Cargill began marketing several plant-based protein ingredients, made from soy, pea and wheat, to food and beverage manufacturers worldwide.
What to expect for plant-based meat in next decade Cargill's calculated approach to plant-based meats coincides with the nascent industry's trajectory.
And then there's the consumer's appetite to pay a premium price for plant-based meat.
So Cargill's biggest competition will be the established plant-based meat companies, like Beyond and Impossible, he said.
The future of plant-based meat might be analogous to the ongoing transition to electric vehicles.
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