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Canada’s Eat Beyond Global Investment Fund Expects COVID-19 To Further Reduce Consumer Dependence On Animal-Based Foods [Forbes]

Beyond Meat, Inc. - Common stock (BYND) 
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Forbes
MOSCOW, RUSSIA SEPTEMBER 27, 2019: Producing cultured meat in a lab at the Ochakov Food Ingredients... [+]Plant (OKPI). Vyacheslav Prokofyev/TASS (Photo by Vyacheslav Prokofyev\TASS via Getty Images)Eat Beyond Global, Canada’s latest investment fund that was launched in February to focus on helping grow meat, seafood, eggs, and dairy alternative companies, expects the worldwide COVID-19 pandemic to further reduce consumer confidence in animal-based foods.Animal-based products are being hard-hit by meat- and dairy-free alternatives, which have experienced meteoritic rise in value over the past decade, prompting a massive industry makeover not only by entrepreneurial brands such as Beyond Meat, but also traditional food giants including Tyson Foods and Danone.Patrick Morris, CEO and director of Eat Beyond Global, believes the unabated trend will only attract more entrepreneurs to the plant-based space, and his company is looking to help them scale as a fundraising partner.Today In:New K Show less Read more
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