男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Beyond Meat to set up factories in Zhejiang

By WANG ZHUOQIONG | China Daily | Updated: 2020-09-10 07:36
Share
Share - WeChat
Products from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, US, on June 5, 2019. [Photo/Agencies]

Beyond Meat, the US plant-based meat maker, said on Tuesday that it is building two new production facilities in East China's Zhejiang province to make products like plant-based beef, pork and chicken.

The move will help the US firm to optimize product prices, expand production and develop innovative flavors for Chinese consumers, the company said, adding that production is expected to start in early 2021.

Products from the new factory will be rolled out under the Beyond Meat brand, making it the first international plant-based meat brand having its own production facilities in China.

Apart from being a major production and research and development center, China will also be a major consumer of its products, the company said.

Calling the production facilities "the perfect road to long-term success in China", Micky Pant, senior adviser to Beyond Meat, said the factory has set up a dedicated, cuttingedge production capacity via a wholly-owned subsidiary-Beyond Meat (Jiaxing) Food Co Ltd.

Plant-based meat companies are eyeing huge growth potential in the Chinese market as more consumers are shifting to plant-based diets.

"China is one of the world's largest markets for animal-based meat products, and potentially for plant-based meat," said Ethan Brown, CEO and founder of Beyond Meat.

Beyond Meat's two production facilities include one of the world's largest and technologically advanced plant-based meat factories at the Jiaxing Economic and Technological Development Zone.

The move is in line with the company's earlier plan to invest more in the Chinese market for improving the accessibility of its products and manufacturing capacity apart from adopting local flavors.

The global plant-based meat market was estimated at $12.1 billion in 2019 and set to reach $27.9 billion by 2025, with an annual growth rate of 15 percent during the forecast period, according to MarketsandMarkets, a research firm.

Beyond Meat teamed up with coffee chain Starbucks in China earlier this year to develop a menu including pasta, lasagna and wraps. It also worked with Yum China Holdings Inc to introduce Beyond Burger at select KFC, Pizza Hut and Taco Bell locations starting June 3. Globally, the firm has been involved with 94,000 retail, restaurant and food service outlets in 75 countries and regions.

Li Chen, deputy director of the food and beverage sector at Mintel, a research firm, said plant-based meat producers from the United States and Europe have strengths in management and production systems but also face challenges while adopting local flavors to suit Chinese palates.

"The topic of plant-based meat and protein alternatives for meat is hot among investors. However, consumers in China are not yet fully ready for the same," said Li.

She said snacks, rather than meals, made from plant-based meat, would be easier to launch in the local market. Swiss food major Nestle said in May that work on its first production facility in Asia in Tianjin for plant-based products is progressing steadily with production likely to start by the end of the year.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 通辽市| 焦作市| 盱眙县| 忻州市| 扎囊县| 荣昌县| 巨鹿县| 辽阳市| 紫金县| 措勤县| 小金县| 太保市| 高平市| 郎溪县| 浦城县| 射阳县| 武川县| 珲春市| 遂昌县| 枣强县| 白银市| 南宁市| 连州市| 天等县| 虞城县| 平阳县| 浙江省| 元朗区| 大关县| 昌都县| 布拖县| 乐山市| 佛山市| 绍兴县| 独山县| 正宁县| 丰顺县| 霍山县| 普兰店市| 英吉沙县| 武隆县|