Impossible Foods CEO Says Beyond Meat Is Not a Competitor

Jon Quast, The Motley Fool
·4-min read
Impossible Foods CEO Says Beyond Meat Is Not a Competitor

Plant-based alternatives to meat are a rising trend in the food industry. While there are many players in the space, two of the most recognizable brands are Impossible Foods and Beyond Meat (NASDAQ: BYND), so investors assume these are cutthroat competitors. If Beyond Meat and Impossible Foods aren't competing, then who (or what) exactly is the antagonist in this story?