The plant-based meat case is getting mighty crowded. “We’re not saying that meat is bad,” says Darcey Macken, CEO of Planterra Foods, the new Colorado-based subsidiary of JBS USA where Ozo and other plant-based foods are being developed. Planterra products are being stocked at a critical moment for plant-based foods, which have seen a rise in demand as meat supply fears—now abating—had escalated considerably. Cargill announced in February that it would offer private-label plant-based protein to grocers that would first hit the shelves in April. “Plant-based sales continue to grow so strongly after panic-buying—faster than total sales and faster than animal-based meat.”Full coverage and live updates on the Coronavirus

Source: Forbes June 18, 2020 13:00 UTC