US company Cargill injects new blood into 'fake meat' food market

US conglomerate Cargill will launch plant-based hamburger patties and ground “fake meat” products in April, the company has said, challenging Beyond Meat and Impossible Foods for sales in grocery stores, cafeterias and restaurants.

The entry of Cargill, one the world’s largest privately held companies in the world, in the market for imitation meat highlights the growing popularity of plant-based foods and expectations that consumers will continue to gobble up meat substitutes.