Tyson Readies Alternative-Meat Debut After Exiting Beyond
- Company ‘well positioned’ to capture growth in alt-meat space
- Preparing to introduce products on limited basis this summer
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By the end of the year, Tyson Foods Inc.’s new alternative-meat product could already be a major player in the U.S., perhaps giving the likes of the Beyond Burger and the Impossible Burger a run for their money.
Tyson is preparing to introduce meatless protein products on a limited basis around the middle of the year and on a much larger scale soon after that, Chief Executive Officer Noel White told analysts on an earnings call Monday.