New York (CNN Business) ConAgra, the owner of Slim Jim, Marie Callender's frozen meals and Birds Eye, is the latest big food company to disappoint investors with lackluster results. But the company is hoping to turn things around by investing more in plant-based proteins. During a conference call with analysts Thursday, ConAgra CEO Sean Connolly said the company believes the overall plant-based protein market in the United States could generate $30 billion in sales each year. Connolly added that most plant-based products, particularly burgers , are targeted at beef eaters. But he thinks many other so-called flexatarians will be willing to try other protein-based substitutes -- especially for chickenRead More

Source: CNN June 27, 2019 16:52 UTC