Beyond Meat has surged in 2020, shaking off fears of competitors muscling in on the increasingly popular plant-based foods trend. However, the entrance of major CPG producer Cargill could change that by offering low-cost substitutes for Beyond Meat’s top of the line products for distribution under private labels. While insulation from the Coronavirus’ disruption to Asian markets has benefitted Beyond, international sales will be key to competing with major competitors like Tyson and Nestle.
To read this Market Insight, you’ll need to sign in
If you don’t have a subscription, sign up or start a free trial .