Beyond Meat to sell its plant-based products in Sao Paulo, marking its entrance into the Brazil market

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Beyond Meat Inc. is entering the Brazil market through a partnership with grocer St. Marche, which will be selling four items in 19 stores across Sao Paulo. "As the third largest market in the world in terms of animal meat consumption, Brazil offers significant opportunity for plant-based meat adoption," Beyond Meat said in its announcement. Beyond Meat has been expanding globally, announcing Tuesday that it was furthering expanding in China. Beyond Meat stock has rallied more than 71% for the year to date while the S&P 500 index has slipped 0.3% for the period.