Source: Bloomberg
Just Inc., which makes plant-based egg products and is already selling in the country, has received questions from Chinese state-backed food companies seeking animal-free protein sources amid the coronavirus outbreak, Chief Executive Officer Josh Tetrick said.
“Some of the biggest companies, larger food manufacturers, including some that are backed by the state government, are proactively reaching out to me personally, our executive team, our board, and the team in China, about now wanting to partner,” he said in an interview. China’s producers are viewing the current climate as a time for more quality-controlled food, he said.