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Beyond Meat Fever Turns the Tiny Pea Into America’s Hot New Crop

Anchin in the NewsJuly 3, 2019Published by Bloomberg News
Anchin Partner Quoted: Gregory A. Wank, CPA, CGMA
Beyond Meat Fever Turns the Tiny Pea Into America’s Hot New Crop

Greg Wank, Leader of Anchin's Food and Beverage Industry Practice, says the time is right for plant-based companies to go mainstream:

Plant-based companies have been around for decades, but products were aimed at vegans and vegetarians, a tiny market, according to Greg Wank, food and beverage lead at New York-based accounting and consulting firm Anchin, Block & Anchin LLP. Now that even meat-eating consumers are trying to get more of their protein from alternative sources, demand is taking off, underscoring the blistering debut of Beyond Meat. The shares are up about 500% since they started trading in May.

“It’s the right place and the right time,” Wank said.

Read the complete article on Bloomberg.com.

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