5 Best Plant-Based Meat Companies to Buy

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1. The Kraft Heinz Company (NASDAQ:KHC)

Number of Hedge Fund Holders: 39

Value of Hedge Fund Holdings: $12,265,513,000

The Kraft Heinz Company (NASDAQ:KHC) is the third biggest food and beverage company in the US.

The Kraft Heinz Company (NASDAQ:KHC) launched its own brand of plant-based meats in 2019 under the Devour brand. The Devour line includes frozen plant-based ground “beef,” burgers and chicken nuggets made from soy and wheat protein. The Kraft Heinz Company (NASDAQ:KHC) positioned Devour as a premium, lifestyle plant-based brand for mainstream consumers. The company has adopted the ‘Beanz Liberation’ strategy to promote its plant-based meat alternatives and enter into new categories related to ready-to-eat meals.

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