JBS SA, the world’s biggest meat supplier, told Bloomberg the company plans to set up a global company that focuses on plant-based products. With a growing population, it will become more difficult to satisfy the world’s protein needs, the company said.
“Plant-based will help us to reduce this protein gap with more affordable products compared with animal protein, which will be more premium,” JBS CEO Gilberto Tomazoni said. “We see plant-based as an independent business in the future.”
He added as of right now, the company’s focus is to develop new products and understand the market better.
