Chinese firms bet on plant-based meat as coronavirus fuels healthy consuming trend

BEIJING (Reuters) – A small however growing coterie of Chinese business are banking on a bright future for plant-based meat items as consumers take their health more seriously in the wake of the COVID-19 pandemic.Though still a niche organization compared to China’s giant meat supply chain, vegetarian alternatives to meat are picking up speed following health terrifies like the unique coronavirius and African swine fever, analysts and industry insiders said.U.S.-based Beyond Meat Inc BYND.O said recently it had actually signed an offer to open a production facility near Shanghai and previously this year introduced a partnership with Starbucks Corp SBUX.O for its plant-based meat items to be offered by the cafe giant in China.Beijing-based start-up Zhenmeat, whose products include plant-based m
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