Beyond Meat
| Use attributes for filter ! | |
| Stock price | BYND |
|---|---|
| Disclaimer | |
| Founders | Ethan Brown |
| Founded | Los Angeles |
| California | |
| United States | |
| Headquarters | El Segundo |
| California | |
| United States | |
| Number of employees | 400 (June 29, 2019) |
| Parent organizations | Savage River Inc. |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2426034 |
About Beyond Meat
Beyond Meat is a Los Angeles-based producer of plant-based meat substitutes founded in 2009 by Ethan Brown. The company's initial products became available across the United States in 2012. The company has products designed to simulate chicken, beef, and pork sausage.
Have we had our fill of fake meat?
... But Beyond Meat s quest for perfection has left shoppers cold...
Cost of living: Beyond Meat hit as shoppers shift to cheaper animal protein
...By Annabelle LiangBusiness reporterVegan food firm Beyond Meat has seen its sales plunge by almost a third as the rising cost of living pushes shoppers to buy cheaper animal protein...
Sausage maker Heck cuts vegan range as appetite drops
... Beyond Meat, which makes a plant-based range including burgers, sausages and chicken, suffered a slump in sales last year, blaming obstacles with consumers around taste, perception of health benefits and price...
After the hype plant-based proteins face leaner times
... Beyond Meat, was one of the brightest starts of the alternative meat sector...
Beyond Meat executive exits after biting incident
...By Natalie ShermanBusiness reporter, New YorkThe Beyond Meat executive who was accused of biting a man s nose is leaving the vegan food company...
Beyond Meat: Vegan food executive accused of biting man's nose
...Vegan food giant Beyond Meat s chief operating officer has been arrested for reportedly biting a man s nose during a row in the US...
CES 2020: 'pork made from the plant was brought to life by Impossible Foods
......
Pea power: Can the humble crop save the planet?
... Perhaps the best known is Beyond Meat, which makes plant-based meat products, and this year floated on the stock market, worth $1...
Sausage maker Heck cuts vegan range as appetite drops
By Jemma DempseyBBC News
Sausage company Heck is reducing its range of meat-free products, citing lack of consumer appetite.
The Yorkshire-based firm is shelving production of most of its vegan range of sausages and burgers.
Co-founder Jamie Keeble said shoppers were " not there yet" when it came to buying its vegan products.
The Company will now make just two plant-based varieties - chipolatas and burgers - Down from its original range of 10.
Heck's decision comes against a backdrop of waning interest in meat-free lines at other firms.
Beyond Meat , which makes a plant-based range including burgers, sausages and chicken, suffered a slump in sales Last Year , blaming obstacles with consumers around taste, perception of health benefits and price.
And Industry Giant Nestle said in March it said it would stop selling its Garden Gourmet plant-based vegan brand in UK retailers less than two years after it first appeared on shelves.
Supermarket customers have cut back on meat-replacement products generally, according to research firm NielsenIQ, which reported sales fell by £37. 3m in the year to September 2022.
However, market and consumer data provider Statista suggested the in the UK would grow annually by 17. 53% over The Next five years.
Heck said it would continue its production of 90,000 vegan sausages per day.
UK consumers still wanted to replace meat with " something that reminds them of meat" Mr Keeble said.
" I think [demand] will come back around, " he added. " We had pulses and grains in the products. It was really nutritional but The Public wasn't really there yet. "
The Vegan Society said the cost-of-living crisis in the UK was having a " big impact" on people's purchasing choices.
However, it said falling sales of plant-based substitutes did not reflect a broader rejection of vegan options.
" Where there has been a drop in sales, it is not due to a decline in interest in veganism but rather a change in people's spending habits, " The Society said.
" Many people may be replacing both meat and meat-substitutes with more budget-friendly vegan options in a bid to make savings on their weekly shops, " it added.
Last March A Survey for IPSOS found 33% of people questioned said the cost of plant-based products was too high, but almost half (46%) said they were considering reducing their intake of meat in The Future .
Most meat-free products tended to be vegan, the Vegan Society told The Bbc . However, some use egg as a binding agent, making them suitable for vegetarians but not vegans, it said.
Related TopicsSource of news: bbc.com
