The plant-based meat market is becoming fiercely competitive in China now. Right after Vesta got investment from Shanghai Xuerong, Chinese plant-based meat company-Gu meat (Wuxi Gu meat food tech Co., LTD.) announced that it is launching plant-based meat soon in the second half-year of 2020.
It is not easy to promote plant-based meat in China because it is much more expensive than real meat. For instance, the price of a box . . .
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