Beyond Meat and PepsiCo debut the first product out of their joint venture
Lemon_tm/iStock via Getty Images


Beyond Meat (NASDAQ:BYND) and PepsiCo (NASDAQ:PEP) announced the debut of Beyond Meat Jerky as the first product coming out of the Planet Partnership joint venture between the two companies.
Beyond Meat Jerky is described as an on-the-go snack experience that offers traditional beef jerky in original, hot & spicy or teriyaki flavors. Beyond Meat Jerky contains 10g of protein per serving, no cholesterol and is made with simple, plant-based ingredients like peas and mung beans.

The Planet Partnership JV is said to combine Beyond Meat's (BYND) leading technology in plant-based protein development and PepsiCo's (PEP) world-class commercial capabilities. The launch of Beyond Meat Jerky signals the first of many plant-based protein innovations from the JV.
Shares of Beyond Meat (BYND) jumped 3.39% premarket, while PepsiCo (PEP) traded flat.
Compare financial metrics and ratings on BYND and PEP.