) aims to start production in Asia before the end of next year, as it gets closer to selling its popular plant-based meat products in China, Executive Chairman Seth Goldman told Reuters.
As consumers grow more concerned about health and the environmental impact of industrial animal farming, the global plant-based market is expected to explode to an estimated $140 billion over the next decade, according to Barclays. “We have committed to producing in Europe in the first quarter of next year...Asia’s not going to be that quick, but we do hope to have something up and running before the end of next year.”
Rival Impossible Foods told Reuters in September it was actively working to speed up entry into China, its top priority in terms of overseas markets. The company said it was in preliminary talks with potential partners, and was hoping to find enterprises or local governments that would help bring its technology to China.
China sells counterfeit eggs for decades. They cost less than real. Asians are not going to eat overpriced bs meat. These fake meat producers just benefit from stocks, expand globally they do. Scams, fave like their meat.
Oh yes fake meat from Asia is what I have been missing all my life! Or I could eat...
'said in May it would begin manufacturing in the Netherlands in early 2020 to meet strong European demand and avoid exporting the products from the United States, cutting down on such transportation.' - Brexit will make it costly. Stop Brexit.
👀Eyes👀
Richa_Writes that mean more and cheaper meat for us the carnivores🤗😋
Richa_Writes Hey Richa, did beyond reach out to you for this story or did you reach out to them. And if you reached out to them what alerted you to this story?
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