Tyson Foods Inc. said Monday that it is launching new products under the Raised & Rooted label: plant-based burger patties, plant-based ground meat and plant-based bratwurst and Italian sausages. Tyson quotes data showing a 148% increase in plant-based protein sales. Competition in the category continues to heat up with the latest launch from Kellogg Co.’s Incogmeato brand and the newest iteration of the Beyond Meat Inc. burger. Tyson stock is up 1.8% in Monday trading and has gained 22.3% for the year to date. The S&P 500 index is up 11.7% for 2021 so far.
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