- Beyond Meat Inc BYND and PepsiCo Inc PEP launched Beyond Meat Jerky, the first product from the two companies' joint-venture, Planet Partnership, LLC.
- The plant-based jerky will be rolled out at stores nationwide starting in March.
- Beyond Meat Jerky is marinated and slow-roasted to offer the taste of beef jerky in three flavors, Original, Hot & Spicy, and Teriyaki.
- Beyond Meat Jerky contains 10g of protein per serving, no cholesterol, and is made with plant-based ingredients like peas and mung beans, all without GMOs, soy or gluten.
- Planet Partnership was formed in 2021 to develop, produce and market snack and beverage products made from plant-based protein.
- Price Action: BYND shares are trading lower by 1.07% at $50.73, and PEP lower by 0.13% at $164.13 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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