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Leading Meat Processor Tyson Foods Invests in Alternative ‘Meat’

Leading Meat Processor Tyson Foods Invests in Alternative ‘Meat’


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Tyson now has a five percent stake in Beyond Meat

A Tyson representative said, “The investment for us is not about an either-or choice, it’s about the ‘and.’ This is just another form for consumers to enjoy protein as part of their daily diet.”

Tyson, a leader in the meat industry, specializing in chicken, and the largest meat producer in the United States, has invested in Beyond Meat, a company that creates “meat” from alternative protein sources, The New York Times reported.

The company is investing an undisclosed amount for a five percent stake in the company.

“The quality of the Beyond Burger [Beyond Meat's signature product] is amazing,” said Monica McGurk, senior vice president in charge of strategy and new ventures at Tyson. “We think it’s a game-changing product that gives us exposure to this fast-growing part of the food business.”

Plant-based foods are on the rise among American consumers. Companies such a Beyond Meat, Califia Farms, and others logged $4.9 billion in sales over the past year, according to the Plant Based Foods Association.

Ethan Brown, founder and chief executive of Beyond Meat, sees the investment as an opportunity to push his company into the mainstream with consumers as they look for protein alternatives.


The Good Food Institute recently reported that alternative meat companies are less susceptible to factory closures due to the pandemic because the products require much less labor. The largest meat producer in the U.S, Tyson Foods (NYSE: TSN), suffered a drop in its stock after production plants were shut following a number of the employees contracting the deadly virus, while the likes of Beyond Meat (NASDAQ: BYND) and Conagra Brands (NYSE: CAG) are reaping the benefits.

Beyond Meat has had a great year so far in terms of sales, jumping 141% in the fiscal first quarter compared to the same time last year. The fake meat company has also struck a deal with coffee chain Starbucks (NASDAQ: SBUX) which will offer the products across more than 4,000 stores in China. Beyond Meat is returning gross profits that are up 250% from last year to hit $37.7 million and is showing no signs of slowing down.

There is also competition from other players in the food industry including Nestle (OTC: NSRGY), Kellogg (NYSE:K) and Tyson Foods. These household names caught on to the fake meat craze and are producing a number of their own products. Grocery brands such as Kroger (NYSE: KR) have also invested in meat-alternative products, which could prove a hurdle if it allocates more shelf space for its own products.


The Good Food Institute recently reported that alternative meat companies are less susceptible to factory closures due to the pandemic because the products require much less labor. The largest meat producer in the U.S, Tyson Foods (NYSE: TSN), suffered a drop in its stock after production plants were shut following a number of the employees contracting the deadly virus, while the likes of Beyond Meat (NASDAQ: BYND) and Conagra Brands (NYSE: CAG) are reaping the benefits.

Beyond Meat has had a great year so far in terms of sales, jumping 141% in the fiscal first quarter compared to the same time last year. The fake meat company has also struck a deal with coffee chain Starbucks (NASDAQ: SBUX) which will offer the products across more than 4,000 stores in China. Beyond Meat is returning gross profits that are up 250% from last year to hit $37.7 million and is showing no signs of slowing down.

There is also competition from other players in the food industry including Nestle (OTC: NSRGY), Kellogg (NYSE:K) and Tyson Foods. These household names caught on to the fake meat craze and are producing a number of their own products. Grocery brands such as Kroger (NYSE: KR) have also invested in meat-alternative products, which could prove a hurdle if it allocates more shelf space for its own products.


The Good Food Institute recently reported that alternative meat companies are less susceptible to factory closures due to the pandemic because the products require much less labor. The largest meat producer in the U.S, Tyson Foods (NYSE: TSN), suffered a drop in its stock after production plants were shut following a number of the employees contracting the deadly virus, while the likes of Beyond Meat (NASDAQ: BYND) and Conagra Brands (NYSE: CAG) are reaping the benefits.

Beyond Meat has had a great year so far in terms of sales, jumping 141% in the fiscal first quarter compared to the same time last year. The fake meat company has also struck a deal with coffee chain Starbucks (NASDAQ: SBUX) which will offer the products across more than 4,000 stores in China. Beyond Meat is returning gross profits that are up 250% from last year to hit $37.7 million and is showing no signs of slowing down.

There is also competition from other players in the food industry including Nestle (OTC: NSRGY), Kellogg (NYSE:K) and Tyson Foods. These household names caught on to the fake meat craze and are producing a number of their own products. Grocery brands such as Kroger (NYSE: KR) have also invested in meat-alternative products, which could prove a hurdle if it allocates more shelf space for its own products.


The Good Food Institute recently reported that alternative meat companies are less susceptible to factory closures due to the pandemic because the products require much less labor. The largest meat producer in the U.S, Tyson Foods (NYSE: TSN), suffered a drop in its stock after production plants were shut following a number of the employees contracting the deadly virus, while the likes of Beyond Meat (NASDAQ: BYND) and Conagra Brands (NYSE: CAG) are reaping the benefits.

Beyond Meat has had a great year so far in terms of sales, jumping 141% in the fiscal first quarter compared to the same time last year. The fake meat company has also struck a deal with coffee chain Starbucks (NASDAQ: SBUX) which will offer the products across more than 4,000 stores in China. Beyond Meat is returning gross profits that are up 250% from last year to hit $37.7 million and is showing no signs of slowing down.

There is also competition from other players in the food industry including Nestle (OTC: NSRGY), Kellogg (NYSE:K) and Tyson Foods. These household names caught on to the fake meat craze and are producing a number of their own products. Grocery brands such as Kroger (NYSE: KR) have also invested in meat-alternative products, which could prove a hurdle if it allocates more shelf space for its own products.


The Good Food Institute recently reported that alternative meat companies are less susceptible to factory closures due to the pandemic because the products require much less labor. The largest meat producer in the U.S, Tyson Foods (NYSE: TSN), suffered a drop in its stock after production plants were shut following a number of the employees contracting the deadly virus, while the likes of Beyond Meat (NASDAQ: BYND) and Conagra Brands (NYSE: CAG) are reaping the benefits.

Beyond Meat has had a great year so far in terms of sales, jumping 141% in the fiscal first quarter compared to the same time last year. The fake meat company has also struck a deal with coffee chain Starbucks (NASDAQ: SBUX) which will offer the products across more than 4,000 stores in China. Beyond Meat is returning gross profits that are up 250% from last year to hit $37.7 million and is showing no signs of slowing down.

There is also competition from other players in the food industry including Nestle (OTC: NSRGY), Kellogg (NYSE:K) and Tyson Foods. These household names caught on to the fake meat craze and are producing a number of their own products. Grocery brands such as Kroger (NYSE: KR) have also invested in meat-alternative products, which could prove a hurdle if it allocates more shelf space for its own products.


The Good Food Institute recently reported that alternative meat companies are less susceptible to factory closures due to the pandemic because the products require much less labor. The largest meat producer in the U.S, Tyson Foods (NYSE: TSN), suffered a drop in its stock after production plants were shut following a number of the employees contracting the deadly virus, while the likes of Beyond Meat (NASDAQ: BYND) and Conagra Brands (NYSE: CAG) are reaping the benefits.

Beyond Meat has had a great year so far in terms of sales, jumping 141% in the fiscal first quarter compared to the same time last year. The fake meat company has also struck a deal with coffee chain Starbucks (NASDAQ: SBUX) which will offer the products across more than 4,000 stores in China. Beyond Meat is returning gross profits that are up 250% from last year to hit $37.7 million and is showing no signs of slowing down.

There is also competition from other players in the food industry including Nestle (OTC: NSRGY), Kellogg (NYSE:K) and Tyson Foods. These household names caught on to the fake meat craze and are producing a number of their own products. Grocery brands such as Kroger (NYSE: KR) have also invested in meat-alternative products, which could prove a hurdle if it allocates more shelf space for its own products.


The Good Food Institute recently reported that alternative meat companies are less susceptible to factory closures due to the pandemic because the products require much less labor. The largest meat producer in the U.S, Tyson Foods (NYSE: TSN), suffered a drop in its stock after production plants were shut following a number of the employees contracting the deadly virus, while the likes of Beyond Meat (NASDAQ: BYND) and Conagra Brands (NYSE: CAG) are reaping the benefits.

Beyond Meat has had a great year so far in terms of sales, jumping 141% in the fiscal first quarter compared to the same time last year. The fake meat company has also struck a deal with coffee chain Starbucks (NASDAQ: SBUX) which will offer the products across more than 4,000 stores in China. Beyond Meat is returning gross profits that are up 250% from last year to hit $37.7 million and is showing no signs of slowing down.

There is also competition from other players in the food industry including Nestle (OTC: NSRGY), Kellogg (NYSE:K) and Tyson Foods. These household names caught on to the fake meat craze and are producing a number of their own products. Grocery brands such as Kroger (NYSE: KR) have also invested in meat-alternative products, which could prove a hurdle if it allocates more shelf space for its own products.


The Good Food Institute recently reported that alternative meat companies are less susceptible to factory closures due to the pandemic because the products require much less labor. The largest meat producer in the U.S, Tyson Foods (NYSE: TSN), suffered a drop in its stock after production plants were shut following a number of the employees contracting the deadly virus, while the likes of Beyond Meat (NASDAQ: BYND) and Conagra Brands (NYSE: CAG) are reaping the benefits.

Beyond Meat has had a great year so far in terms of sales, jumping 141% in the fiscal first quarter compared to the same time last year. The fake meat company has also struck a deal with coffee chain Starbucks (NASDAQ: SBUX) which will offer the products across more than 4,000 stores in China. Beyond Meat is returning gross profits that are up 250% from last year to hit $37.7 million and is showing no signs of slowing down.

There is also competition from other players in the food industry including Nestle (OTC: NSRGY), Kellogg (NYSE:K) and Tyson Foods. These household names caught on to the fake meat craze and are producing a number of their own products. Grocery brands such as Kroger (NYSE: KR) have also invested in meat-alternative products, which could prove a hurdle if it allocates more shelf space for its own products.


The Good Food Institute recently reported that alternative meat companies are less susceptible to factory closures due to the pandemic because the products require much less labor. The largest meat producer in the U.S, Tyson Foods (NYSE: TSN), suffered a drop in its stock after production plants were shut following a number of the employees contracting the deadly virus, while the likes of Beyond Meat (NASDAQ: BYND) and Conagra Brands (NYSE: CAG) are reaping the benefits.

Beyond Meat has had a great year so far in terms of sales, jumping 141% in the fiscal first quarter compared to the same time last year. The fake meat company has also struck a deal with coffee chain Starbucks (NASDAQ: SBUX) which will offer the products across more than 4,000 stores in China. Beyond Meat is returning gross profits that are up 250% from last year to hit $37.7 million and is showing no signs of slowing down.

There is also competition from other players in the food industry including Nestle (OTC: NSRGY), Kellogg (NYSE:K) and Tyson Foods. These household names caught on to the fake meat craze and are producing a number of their own products. Grocery brands such as Kroger (NYSE: KR) have also invested in meat-alternative products, which could prove a hurdle if it allocates more shelf space for its own products.


The Good Food Institute recently reported that alternative meat companies are less susceptible to factory closures due to the pandemic because the products require much less labor. The largest meat producer in the U.S, Tyson Foods (NYSE: TSN), suffered a drop in its stock after production plants were shut following a number of the employees contracting the deadly virus, while the likes of Beyond Meat (NASDAQ: BYND) and Conagra Brands (NYSE: CAG) are reaping the benefits.

Beyond Meat has had a great year so far in terms of sales, jumping 141% in the fiscal first quarter compared to the same time last year. The fake meat company has also struck a deal with coffee chain Starbucks (NASDAQ: SBUX) which will offer the products across more than 4,000 stores in China. Beyond Meat is returning gross profits that are up 250% from last year to hit $37.7 million and is showing no signs of slowing down.

There is also competition from other players in the food industry including Nestle (OTC: NSRGY), Kellogg (NYSE:K) and Tyson Foods. These household names caught on to the fake meat craze and are producing a number of their own products. Grocery brands such as Kroger (NYSE: KR) have also invested in meat-alternative products, which could prove a hurdle if it allocates more shelf space for its own products.



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