Impossible Foods said it would cut the prices of its faux meat patties by 20% at U.S. grocery stores as it ramps up production with a larger plan to eventually undercut ground beef prices.
PepsiCo Inc and Beyond Meat Inc said on Tuesday they would form a joint venture to develop and sell snacks and beverages made from plant-based protein.
Settlement discussions are under way over a lawsuit challenging a Missouri measure making it a misdemeanor crime to promote plant-based food products as “meat.”
