Beyond Meat is increasing its presence in China, becoming the first foreign company specialising in plant-based meat to build production facilities in the country.
The US group said on Tuesday it would build a factory in the Jiaxing Economic and Technological Development Zone close to Shanghai to manufacture plant-based chicken, beef and pork under its brand.
Leading companies in the fast-growing sector have sought to expand into China, which consumes roughly a third of the world’s meat, in the hope that rising global appetite for alternative protein products will spread across the vast market.
您已阅读22%（599字），剩余78%（2152字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。