Cargill has signed a deal to bring more plant-based food products to market.
The food industry giant confirmed this week it is investing in PURIS, North America’s leading producer of pea protein.
David Henstrom, vice president, Cargill Starches, Sweeteners and Texturizers, said: “PURIS is a game changer in terms of taste and vertical integration in pea protein. Cargill is excited to expand into the emerging pea protein space while continuing to support our conventional agricultural crops. It’s clear that PURIS is in alignment with Cargill’s vision to meet the growing demand for protein globally and to help customers deliver label-friendly products without sacrificing taste.”
Plant-based products are predicted to be a big trend of 2018 and Innovators Magazine regularly features the pioneering companies redefining the future of food.
Speaking to Innovators Magazine for an upcoming edition, Bruce Friedrich, Executive Director, The Good Food Institute, told us: “In addition to huge investments in plant-based and clean meat startups by venture capital kingmakers like Bill and Melinda Gates, Google Ventures, Kleiner Perkins, and DFJ, the meat industry itself now sees the writing on the wall. Tyson, the largest meat producer in the US, has invested in Silicon Valley darling Beyond Meat, and the massive meat conglomerate Cargill has invested in clean meat pioneer Memphis Meats.”