Beyond Meat has announced a new partnership with 'Pinduoduo,' a Chinese agricultural technology platform. Through this partnership, Beyond Meat will launch an online store for its flagship plant-based meat products. This new online store will make Beyond Meat products, such as 'Beyond Beef' and 'Beyond Pork,' more accessible to the Chinese market.
Beyond Meat opened a manufacturing plant in China in September of last year, which means it does not need to ship its Beyond products internationally in order to generate supply for Pinduoduo. While plant-based meats have yet to become a national sensation in China, Beyond Meat hopes to alleviate some of the strain on the foodservice supply chain in China while also providing a tasty, healthy option for consumers to enjoy. China has a huge meat industry that largely consists of imports, so having local factories to produce reliable food sources, such as Beyond Meat, is excellent news.
Plant-Based Meat Platforms
Beyond Meat and 'Pinduoduo' Will Sell Plant-Based Meats Online in China
Trend Themes
1. Plant-based Meat Sales Online - Beyond Meat and Pinduoduo partner to sell plant-based meat products online in China.
2. China's Plant-based Market - Beyond Meat taps into China's meat industry as it seeks to expand its plant-based meat product offerings.
3. Accessible Plant-based Meat Products - Beyond Meat's new online store in China makes their plant-based meat products more accessible to Chinese consumers.
Industry Implications
1. Food Retail - Plant-based meat products are expected to disrupt the food retail industry in China.
2. Agriculture Technology - The partnership between Beyond Meat and Pinduoduo creates an opportunity for agriculture technology to shift from animal farming to plant-based alternatives.
3. Sustainable Food Production - Increasing the availability of plant-based meat products in China supports a more sustainable and environmentally friendly food industry.