27 Jan 2021 --- Beyond Meat and PepsiCo have linked up in a significant move that will create and scale up an array of plant-based selections for the snacks and drinks aisles. The meat alternatives player and beverage giant have coined their new joint venture operations The PLANeT Partnership. FoodIngredientsFirst reached out to the companies for insights into the project, which will leverage Beyond Meat’s food processing technologies and PepsiCo’s marketing and commercial capabilities. The financial terms of the partnership were not disclosed. However, Beyond Meat’s shares jumped 17.7 percent to US$186.83 today following the announcement yesterday.
