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Tyson to launch meatless products

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Tyson Foods plans to launch its own plant-based meat substitutes this summer.

Tyson previuosly sold its stake in Beyond Meat before the plant-based meat producer went public last Thursday in the best initial public offering of the year.

Euromonitor International data estimate the U.S. meat substitute market is worth about $1.4 billion.

Read more from CNBC.

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