Beyond Meat's competition is beefing up, analysts warn.
Beyond Meat Inc. is a leader in the rapidly growing plant-based meat space, but UBS analysts are concerns about margins, which could be at risk due to competition.
“Beyond Meat is leading the charge to disrupt the $1 trillion-plus global animal meat industry,” UBS said. And big food companies like Tyson Foods Inc. TSN, -0.74% , Kellogg Co. K, +0.41% , Hormel Foods Corp. HRL, +0.82% and Conagra Brands Inc. CAG, -1.29% are among the companies that are boosting plant-based meat brands in their portfolios.Kroger Co. KR, +0.60% , just this week during its investor event, said it would introduce 58 plant-based items under its private label Simple Truth in 2020.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Exclusive: Beyond Meat eyes production in Asia before the end of 2020Exclusive: While Beyond Meat sells its products in Taiwan, Singapore and Hong Kong, the company and rival Impossible Foods are racing to expand sales to China, a major untapped market via Richa_Writes
Leer más »
Beyond Uber: Your guide to ridesharing apps around the worldIs it Lyft in Los Angeles? Ola in India? Easily book a car by knowing the right ridesharing app to download before your next trip.
Leer más »
Is there life beyond Donald Trump for Jeff Sessions?Former Attorney General Jeff Sessions will formally enter the race for the Senate seat he left almost three years ago to serve as the top cop in the Trump administration.
Leer más »
Beyond chicken noodle: 8 feel-good soups top chefs swear byWhen you're under the weather, nothing beats a bowl of hot soup. Add a few new recipes to your repertoire with these favorites from Dorie Greenspan, Andrew Zimmern and Giada de Laurentiis.
Leer más »
Cybersecurity experts say insider spying is an issue beyond Twitter - Business InsiderTwo former Twitter employees allegedly spied on Twitter users on behalf of the Saudi Arabian government — and experts warn that it could happen again.
Leer más »
Ukraine Company’s Campaign to Burnish Its Image Stretched Beyond Hunter BidenBurisma Holdings’ campaign to clean up its image in the West reached beyond the 2014 hiring of Hunter Biden, son of the then-U.S. vice president, to include other well-connected operatives in Washington.
Leer más »