Tyson Foods has become one of the well-known food producers in America. However, they haven’t added plant-based products to their food yet. The company also offers the best chicken nuggets with eggs and zero antibiotics.
Moreover, they also use pea protein, in addition to bamboo fibre and flaxseed. These two food products are expected to go on sale in late 2019.
About Tyson Foods
Tyson was founded by John W. Tyson in 1935. Since then, it has become a great producer of protein. The main headquarters are situated in Springdale, Arkansas.
Our EVP and General Counsel sat down with @ArkBusiness to talk #protein trends, international growth, and leadership. #RaisingExpectations https://t.co/6AQ229JRWF
— Tyson Foods (@TysonFoods) June 12, 2019
Today, the company has created various brands like Jimmy Dean®, Ball Park®, Aidells®, Hillshire Farm®, Wright®, State Fair®, and ibp®.
On September 29, 2018, the company had 121,000 employees working in the company. These days, Tyson is working on another alternative of proteins. However, it is unclear whether the new food will be plant-based.
Tyson is selling meatless protein alternatives to their consumers
Credits: Bloomberg
Many consumers are seeking for vegan diet because it has various health benefits. Besides, people are also consuming more protein-rich food. Hence, Tyson has decided to create more protein options for people who want flexible diets.
Amazing. On my 2 year anniversary with this company we announce this! #RaisingExpextations with #RaisedandRooted https://t.co/uQzHoIodFV
— Tom Mastrobuoni (@TomMastrobuoni) June 13, 2019
Moreover, protein food is expected to include plant-based protein and meat. Tyson has become a competitor of Beyond Meat and Impossible Foods. Also, the demand for vegan plant-based proteins is increasing day by day. The company was once the investor of Beyond Meat.
Our commitment to leading in protein continues with our investment in alternative protein company @MemphisMeats. Find out more here https://t.co/XhSDxIE4uH pic.twitter.com/kxo5WLPHkZ
— Tyson Foods (@TysonFoods) January 29, 2018
However, they sold its holdings when Beyond decided to go public. On November 2018, Tyson held a 6.5% of ownership stake before the IPO in April. By this week, Beyond Meat’s stock price had increased more than 600% since its Initial Public Offering. Check Out The Geek Herald for more exciting updates.
