Why traditional meat companies are making the switch to plant-based meats: by leah_rosenbaum
Plant-based meat alternatives are having a moment. The stock for Beyond Meat, the first plant-based meat company to go public, has increased more thansince its May IPO to a current market cap of $9.4 billion.
Smithfield isn’t the only meat giant vying for a spot in the alt-protein space. Tyson Foods, the world’s largest processor of chicken, beef and pork and a previous investor in Beyond Meat, unveiled a new line of plant-based products in June. Nestlé also plans to begin offering a plant-based burger thisNot all meat alternatives are made from soy. Some, like the Nestlé burger and Beyond Meat burger, use pea protein.
Yet soy is also controversial. For every expert saying that soy is healthy and a good source of protein, another will describe potential health problems it can cause. “Soy’s got a perception problem,” Weber says. and minerals, especially for vegetarian and vegan consumers. “Soy’s been a part of our diet, if you think about traditional Asian diets, for hundreds of years,” says Michelle Braun, a research scientist and president of the Soy Nutrition Institute.
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