Beyond Meat® Locks Down New Market in China
CHINA - Beyond Meat® is riding out its plant-based momentum on an international scale. The innovative brand is on the precipice of a significant expansion in China, after signing a distribution deal with Sinodis, a company that specializes in distributing imports in the country.
“Our goal is to increase availability of plant-based meat globally, providing consumers with more choice and access to the nutritional and environmental benefits of plant-based meat,” said Chuck Muth, Chief Growth Officer at Beyond Meat. “China is an important market given its large population and interest in plant-based proteins. We are committed to building infrastructure that will support our long-term growth in the region.”
The arrangement covers the expansion of Beyond Meat’s Beyond Beef and Beyond Burger products.
According to a press release, Beyond Meat also announced another deal in China with Yum China, which introduces some of the company’s products to KFC, Taco Bell, and Pizza Hut.
How will Beyond Meat’s expansion impact the plant-based sector? And how will this market expansion grow the reach of fresh produce-based products?ANUK will continue to keep our finger on the pulse.
