Where's the fake beef? Not at Kraft Heinz, investors worry
Share:
CHICAGO (Reuters) - Investors are chewing out Kraft Heinz Co for failing to lay out a full strategy for how it plans to compete in the roughly $3 billion(2.43 billion pounds)-a-year plant-based protein market. At the Kraft Heinz annual meeting to be held in Pittsburgh on Thursday, shareholders will vote on a proposal asking the company to reveal its long-term strategy for imitation meat and alternative proteins.Products by rivals Beyond Meat Inc and Impossible Foods have become the hottest..