Meat Companies Seek New Plant-Based Niches

Big meat companies are facing a huge dilemma in dealing with plant-based alternatives: Consumers want to try them out, so they might as well have some offerings, but at the same time they clearly need to keep building their legacy animal products businesses.

So they are taking two approaches, often simultaneously. At the same time they are investing in and developing side businesses in plant-based alternatives, meat giants also are finding ways to put their existing products into plant-substitute…