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Beston Global Food Co. has inked a supply agreement with Thailand’s KCG Corp. in return for a minority stake in the Australian dairy-to-meat group.

Supermarkets such as Coles and Woolworths are stocking more vegan products as shoppers seek to cut the amount of meat they consume.

Supermarkets such as Coles and Woolworths are stocking more vegan products as shoppers seek to cut the amount of meat they consume.

Supermarkets such as Coles and Woolworths are stocking more vegan products as shoppers seek to cut the amount of meat they consume.

From an environmental and sensory standpoint, it makes sense to create ‘hybrid’ products from a blend of plant-based and meat proteins. Yet experts are dubious the category will take off. Novel ‘blended’ or ‘hybrid’ products, whereby a portion of meat is replaced with plant-based ingredients, have been fighting to gain market share in recent years. In the UK, retail majors Waitrose, Sainsbury’s, Tesco, and M&S have incorporated hybrid meat products into their own-label ranges. Elsewhere in Europe, start-ups are also tapping into the trend. Austrian co...