Cowabunga
Member
- Location
- Ceredigion,Wales
Today Cargill, a century and a half old agrifood supplier, broker and trader, including being massive in the meat industry, launches its own meat alternative to compete with Beyond Meat and Impossible Food and other fledgling alternative protein innovators. It will allow others to buy and blend and rebrand its products.
This has the potential to seriously undermine the massive market for mince, which is the bedrock that maintains a minimum beef meat price.
We are only seeing the tip of the iceberg here because it is only a matter of fairly short time before these companies are likely to launch pork, lamb, chicken and even fish substitutes which will, over the next decade, be able to be produced for a fraction of the cost of real animal meat and milk.
Make no mistake, Cargills commitment to this sector is highly significant and very likely to be major disruptor of the status-quo over the next few years. Cargill is a massive supplier of meat and mince and its entry to alternative protein production inevitably points to an intent to cut out the primary producer, conventional-agriculture/farming, for itself to be vertically integrated by being its own primary producer. Expect an exponential growth in such ventures over the next few years.
This has the potential to seriously undermine the massive market for mince, which is the bedrock that maintains a minimum beef meat price.
We are only seeing the tip of the iceberg here because it is only a matter of fairly short time before these companies are likely to launch pork, lamb, chicken and even fish substitutes which will, over the next decade, be able to be produced for a fraction of the cost of real animal meat and milk.
Make no mistake, Cargills commitment to this sector is highly significant and very likely to be major disruptor of the status-quo over the next few years. Cargill is a massive supplier of meat and mince and its entry to alternative protein production inevitably points to an intent to cut out the primary producer, conventional-agriculture/farming, for itself to be vertically integrated by being its own primary producer. Expect an exponential growth in such ventures over the next few years.
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