Impossible Foods' signature plant blood ingredient “heme,” or soy leghemoglobin, has received FDA approval — meaning the neck-and-neck competition between Impossible Foods and Beyond Burger for domination of the fake burger market just got a little bit tighter.
Beyond Meat became the first plant-based food manufacturer to go public on a major stock exchange on May 4. The company's stock, which was priced at $25 a share, closed the day up 163%, to $65.75. Beyond Meat ended the day with a market capitalisation of $3.9-billion.
Jo'burg's Infinite Foods has introduced one of Silicon Valley's much publicised meat alternatives, the Beyond Burger, the flagship product of Beyond Meat, one of the rapidly growing companies taking a new approach to animal protein alternatives.