China

Beyond Meat signs partnership for production in China

Products

"China is a critical part of Beyond Meat’s long-term growth strategy," a spokesperson said.

Posted on Sep 09 ,05:54

Beyond Meat signs partnership for production in China

Beyond Meat is ramping up production in China as plant-based products continue to infiltrate global markets. The alternative meat company said Tuesday that it is signing a deal to open a production facility near Shanghai. The facility will manufacture plant-based meat products, including alternatives for beef, pork and chicken.
The Los Angeles-based company signed a deal with Jiaxing Economic and Technological Development Zone to design and produce facilities in the Shanghai region, Beyond Meat said in a press release. The production facility is expected to be fully operational by early 2021. Beyond Meat has already opened the Chinese market since April this year, when its products launched in Starbucks coffee shops in mainland China. In June, the company signed a partnership with Yum China to launch its plant-based products at restaurants like KFC, Pizza Hut and Taco Bell.

"China is a critical part of Beyond Meat’s long-term growth strategy, and we are committed to growing our presence in this vitally important country and market," a Beyond Meat spokesperson said for FOXBusiness channel.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

Germany

No shock-wave in the German pig market

The recent discovery of African Swine fever in three German pig farms had no echo in the domestic...


Read more Read more
International

Poultry to dominate consumption by 2030

Poultry is to represent the clear choice of consumers over the next 10 years, according to a rece...


Read more Read more
Brazil

Brazilian are switching from beef to eggs and chicken meat

Beef consumption in Brazil has dropped abruptly in the last couple of years, while consumers are ...


Read more Read more
Websolutions by Angular Software and SpiderClass