Did Beyond Meat Just Get a New Competitor?

Did Beyond Meat Just Get a New Competitor?

On Dec. 8, the food company Tattooed Chef (NASDAQ: TTCF) announced two new products: plant-based pepperoni and plant-based sausage. The company's products were always vegetarian or vegan, but its new product announcements were its first for plant-based meat substitutes. The plant-based meat space has well-known incumbents like Beyond Meat (NASDAQ: BYND) and privately held Impossible Foods all vying for consumers' dollars.