Cargill to launch new private label plant-based products

Global food and agriculture company Cargill will launch its private label plant-based patties and ground products in April.

The launch will allow the company to enter the growing plant-based protein market with its own brands.

Cargill developed these products through culinary insight, extensive consumer research and innovation in its own facilities.

Cargill alternative protein team managing director Elizabeth Gutschenritter said: “We’ve created some of the best tasting products available in the plant-based category today.

“We’ve combined our deep knowledge of plant proteins with our expertise in research and development (R&D), product development and production to deliver products consumers will love.”

The company said that these products serve as a key step in bringing more protein options to the global market.

Gutschenritter added: “Producing plant-based products across our global supply chain is the logical next step to expanding our ability to meet consumer needs and bring new value to this category.”

Data suggests that global demand for protein products will increase by 70% over the next 30 years. Cargill aims to advance its animal and alternative protein products to meet these projections.

Over the last five years, it has invested $7bn worldwide in animal protein and made strategic investments in the alternative protein sector.

In December, Cargill signed a joint development agreement (JDA) with Renmatix to use its technology to convert unused plant materials into functional food ingredients.