Beyond Meat is bringing its meatless meatballs to grocery stores across the United States, CNBC reports. The company first made meatballs through a partnership with Subway last year, but grocery stores have also been asking for the item, according to a company spokesperson. Demand for refrigerated plant-based meatballs has surged 145 percent in the 52 weeks ended Aug. 9, according to the latest IRI data. The company has already released Beyond Breakfast Sausage and a value pack of its beef-free burgers in 2020. Shares of Beyond, which has a market value of US$8.42 billion, have risen by 78 percent this year as of Friday’s close.
Source: The Standard September 14, 2020 13:18 UTC