Silicon Valley-based Impossible Foods, which supplies
plant-based Whopper patties to Burger King <QSR.TO> in the
United States, said it would begin a limited trial of the
Impossible Sausage in five regions including Springfield,
Illinois, and Albuquerque, New Mexico. The imitation pork
sausage will be sold in a toasted breakfast croissant, called
the Impossible Croissan’wich, with egg and cheese.
"The number of people who are eating pork from pigs is humongous
and the fraction of that market that is captured by plant-based
products is tiny," Pat Brown, the chief executive of Impossible
Foods, told Reuters in a recent interview.
Pork has been the world's most consumed meat for the past four
decades, according to the U.S. Department of Agriculture.
Impossible Foods on Monday also announced another imitation
ground pork product, but did not disclose details about where it
would be produced or sold.
The company has been called out by analysts for selling only one
type of plant-based meat since 2016, when it launched its
burger.
Los Angeles-based Beyond Meat has used imitation pork, chicken
and beef to create products for major fast-food chains including
burgers for McDonald's <MCD.N>, sausage patties for Dunkin
Brands <DNKN.O> and chicken for Yum Brands Inc's <YUM.N> KFC
chain.
Competition is heating up in the exploding plant-based meat
market, with dozens of new products hitting grocery stores and
restaurants this year. The global alternative meat market is
forecast to be worth $140 billion in the next decade, according
to Barclays.
Entering China, the world's biggest consumer of pork, is
Impossible Foods' biggest priority and the company is actively
looking for partners there. Plant-based imitation pork is also
likely to appeal to consumers elsewhere in Asia, where
Impossible currently ships to over 450 restaurants.
(Reporting by Richa Naidu; Editing by Leslie Adler)
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