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Monday, May 11, 2020

Demand for plant-based meat alternatives soars amid coronavirus

Beyond Meat and Impossible Foods, makers of plant-based meat alternatives, have seen surges in sales due to a shortage of beef and pork during the coronavirus pandemic.

Beyond Meat reported its first quarter net revenues increased 141 percent from the previous year to more than $97 million, compared to more than $40 million in first quarter in 2019.
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