Beyond Meat, PepsiCo Launch First JV Product 'Beyond Meat Jerky'

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.