Beyond Meat posted a 11.4% increase in net revenues to $108.2m in the first quarter (ended April 3) and a net loss of $27.3m, with solid growth in retail (+45% to $81.025m) dented by declines in foodservice (-34% to $27.139m), although execs say they’re...
The next iteration of the Beyond Burger - featuring 35% less saturated fat and 75% more iron than 80/20 beef burgers, a comparable level of B vitamins, and a meatier flavor – will hit grocery stores next week and restaurants in June, with a leaner version...
Beyond Meat has opened its first end-to-end manufacturing facility outside the US in the Jiaxing Economic & Technological Development Zone (JXEDZ) near Shanghai.
'When these restaurant chains move, the entire food industry takes notice...'
In a clear signal that plant-based meat is hitting the mainstream, Beyond Meat has announced global partnerships with two of the biggest players in fast food: McDonald’s, and Yum! Brands (KFC, Taco Bell, Pizza Hut), a month after striking a deal with...
Beyond Meat will gradually replace its flagship plant-based Beyond Burger in 2021 with two new variations: a “juicier and meatier” burger featuring 35% less saturated fat than 80/20 beef burgers, and its “most nutritious patty yet,” featuring 55% less...
A weak performance in foodservice and slower than-expected growth at retail combined to deliver a modest 2.7% increase in Q3 revenues to $94.4m at Beyond Meat, a figure “lower than we expected,” CEO Ethan Brown told analysts Monday. However, he insisted...
Impossible Foods is gearing up for market entry in Europe, China and Brazil; Beyond Meat is looking at “any and all plant-based protein sources” as it expands its ingredient toolbox; Meati Foods is preparing to launch fungi-based steaks, and Planterra...
Where is the plant-based meat category heading, and how reliable are some of the predictions out there about how much this market could be worth over the next 10-15 years?
Walmart plans to triple availability of Beyond Meat's plant-based Beyond Burger from 800 stores to 2,400+ stores nationwide beginning next week, as plant-based meat continues to gain traction in mainstream grocery retail.
Beyond Meat (Jiaxing) Food Co., a wholly-owned subsidiary of Beyond Meat, Inc., has signed an agreement with Jiaxing Economic & Technological Development Zone (JXEDZ) to manufacture plant-based meat products including beef, pork, and chicken under...
In an open letter slammed by Impossible Foods as cynical and disingenuous and dismissed by one commentator as a “PR stunt,” Lightlife Foods has attempted to distinguish itself from ‘food tech’ rivals in the plant-based meat arena by positioning itself...
Beyond Meat has fired the latest salvo in a legal spat with former co-manufacturer Don Lee Farms with an amended complaint accusing it of misappropriating trade secrets, defrauding Beyond Meat, and infringing its trademarks.
Adults who swapped out animal protein for plant-based protein saw lower levels of LDL cholesterol, moderate weight loss, and similar sodium intake and blood pressure levels (compared to animal protein consumption) after eight weeks, revealed a two-phase...
While COVID-19 dented foodservice sales, Beyond Meat experienced a 194.9% surge in US retail sales in Q2, with strong gains in the club channel and surging sales of its Cookout Classic 10-burger frozen value packs, priced at a 20% premium to conventional...
US plant-based meat specialist Beyond Meat expects to begin European production by the end of 2020 after opening a new plant in Zoeterwoude and acquiring a further site in Enschede.
Beyond Meat is taking a series of “offensive measures” to chart a course through the coronavirus pandemic, including switching some foodservice production lines over to retail products, developing value packs, offering more aggressive pricing, and building...
While some shoppers have shared photos of empty meat cases next to fully-stocked shelves of plant-based meat on social media, the latest Nielsen data suggests that retail sales of meat alternatives increased significantly in March alongside their animal-based...
The latest innovation from Beyond Meat – the Beyond Breakfast Sausage - will hit the frozen breakfast meat section at ACME, Albertsons, Key Foods, Kings, Pavilions, Raley’s, ShopRite, Vons, Wegmans and Whole Foods later this month.
While its CEO says engaging in an increasingly heated debate over the merits of plant- vs animal-based meat can be a “zero sum” game, Beyond Meat plans to go on the offensive this year with digital and media campaigns that celebrate its ingredients and...
Don Lee Farms has filed a 3rd amended complaint vs Beyond Meat, accusing it of doctoring a food safety consultant’s report and sharing trade secrets with Don Lee's rivals to help them “actively solicit” to replace Don Lee as Beyond Meat’s co-manufacturer...
Beyond Meat has hit back at former co-manufacturer Don Lee Farms after experiencing further setbacks in its legal dispute with the firm, which alleges it wrongfully terminated a supply contract, telling reporters that, “We simply couldn’t get Don Lee...
Ingredients specialist Roquette has extended its pea protein supply agreement with Beyond Meat for three more years. The amount supplied will ‘significantly’ increase compared to 2019 figures, Roquette executive Jean-Philippe Azoulay tells FoodNavigator.
The plant-based Impossible Sausage – the latest innovation from Impossible Foods – will debut next week at Burger King outlets in five states in the 'Impossible Croissan'wich' for a limited period.
A series of ads attacking the next generation of plant-based burgers as ‘ultra-processed’ products ‘hiding’ scary unpronounceable ingredients is a crude attempt by a “dark-money front group funded by Big Beef to mislead consumers and push propaganda,”...
Beyond Meat has struck a deal with McDonald’s to test its plant-based patties in a 12-week trial in 28 restaurants in Ontario, Canada, starting September 30.
HelloFresh will start offering Beyond Meat’s Beyond Burger in its meal kits next month as part of its premium ‘craft burger’ collection, addressing a growing consumer interest in plant-based eating and meat reduction.
New consumer research from Health Focus International shows that perceived health benefits and taste preferences are more significant purchase drivers for plant-based foods and beverages than sustainability or animal welfare concerns, echoing recent research...
Beyond Meat CEO Ethan Brown says he is feeling “very good about our strategy” as some deep-pocketed competitors from Nestlé and Tyson to Impossible Foods enter the retail market with new plant-based meat products, telling analysts on Monday’s Q2 earnings...
Revenues at plant-based meat brand Beyond Meat tripled in Q1 2019 vs Q1 2018, surging 215% to $40.2m, slightly ahead of guidance provided in its IPO filings, primarily driven by growth of the ‘cook from raw’ Beyond Burger in foodservice and retail channels....
Tovala, a company combining the technology of smart countertop ovens with chef-made meals delivered to the home, has entered its first branded food partnership with Beyond Meat, incorporating the plant-based meat alternatives into its meal recipes.
The bulk of Impossible Foods’ $300m series E funding round will go into aggressively scaling up production of its plant-based burgers to meet 'unprecedented' demand, but the company is also working on a suite of other meat products, and has...
Bernstein: Beyond Meat could potentially generate annual sales of $2bn in 2033
Beyond Meat’s decision to go public amounts to “an extremely rare exit strategy in the highly centralized food industry and is almost unheard of in the plant-based food space,” says The Good Food Institute (GFI), a nonprofit that promotes plant- and cell-based...
Beyond Meat's plant-based Beyond Burgers will be available in the meat case at more than 3,000 retail outlets in Canada including Loblaw, Sobeys, Metro, and Whole Foods Market by the end of May.
In another move signaling the mainstream potential of next generation plant-based meat brands, fast-food taco chain Del Taco will roll out tacos featuring Beyond Meat's pea-protein-based crumbles to all 580 locations starting April 25, following...
Since launching exclusively at the Whole Foods Market Pearl Street store in Boulder, Colorado, in late 2017, Beyond Meat's Beyond Sausage has expanded its distribution to over 4,000 grocery stores, restaurants, and sports stadiums across the US....
The Beyond Famous Star burger – a 100% plant-based burger supplied by Beyond Meat – will be available in 1,000+ Carl's Jr. locations this month starting at $6.29.
Plant-based meat brand Beyond Meat has secured non-GMO verification for its wares after completing a “rigorous” one-year review process of its ingredients, supply chain, and manufacturing facilities.
Beyond Sausage - the latest innovation from plant-based brand Beyond Meat – is made with pea protein isolate, fava bean protein, rice protein, potato starch, coconut oil and beet juice “to deliver on the juicy, satisfying taste and texture of pork sausage,...
Beyond Meat raises $55m in round led by Cleveland Avenue LLC
Beyond Meat – the plant-based company behind the Beyond Burger (the first meat-free burger to be merchandised in the meat counter) – has raised $55m in a financing round led by VC firm Cleveland Avenue, LLC, and supported by meat giant Tyson Foods.
'Our relationship with Leo began a few years back...'
The star-studded group of investors backing Beyond Meat – which makes what it claims to be ‘near-perfect’ replicas of meat, from plants – has expanded this week as Oscar winner and environmental activist Leonardo DiCaprio has invested an undisclosed sum...
The Beyond Burger – the first refrigerated plant-based patty to sit in the meat counter – will move into all Whole Foods regions by the end of the year, while brand owner Beyond Meat is also in talks with foodservice chains interested in testing or launching...
Tyson Foods - one of the world's largest processors and marketers of chicken, beef, and pork - has taken a 5% stake in plant-based protein producer Beyond Meat.
Beyond Meat – the California-based maker of plant-based ‘meat’ – is preparing to test market what it claims is “the first plant-based burger that will be placed in the meat counter”, according to executive chairman Seth Goldman.
