In Arkansas, Tyson Foods invested an undisclosed amount for a five percent ownership position in Beyond Meat to help the plant-based protein producer expand its product reach. Already present in retail food stores nationwide, Beyond Meat sees this investment as an opportunity to broaden distribution of plant protein products alongside more traditional Tyson offerings.
Tyson joins other notable investors including The Humane Society of the United States and Bill Gates in recognizing the value of plant protein as an alternative to animal sources for human nutrition. Plant protein products that mimic meat have become a fast-growing consumer segment and Tyson sees this as an opportunity to support the segment while remaining focused on their core businesses.
Beyond Meat CEO Ethan Brown said, “This investment by Tyson Foods underscores the growing market for plant protein. I’m pleased to welcome Tyson as an investor and look forward to leveraging this support to broaden availability of plant protein choices to consumers.”