Beyond Meat expands to new El Segundo lab, where it hopes to concoct plant-based bacon and steak
7 years, 2 months ago

Beyond Meat expands to new El Segundo lab, where it hopes to concoct plant-based bacon and steak

LA Times  

Sales of Beyond Meat’s plant-based replications of chicken and beef have doubled the last year. But the Bill Gates-backed company isn’t standing pat, opening a 26,000 square foot R&D center in El Segundo so it can continue seeking the perfect analog “Slightly better Tofurkey.” The appraisal of Beyond Meat by an influential technologist hangs on the wall of company founder and Chief Executive Ethan Brown’s office like a motivational taunt. “But we really want to look at this in a more fundamental way, and we want to be the first people who build a piece of meat perfectly from plants.” Some of Beyond Meat’s backers say the company’s already there. “It usually takes five to 10 years before consumers develop new behavior.” Seifer said Beyond Meat and its rivals are making it easier on consumers by presenting a facsimile of animal protein rather than simply urging them to give-up meat for unadorned vegetables. Brown said he recruited experts from various disciplines beyond food science — biochemists and biophysicists capable of getting Beyond Meat ever closer to the perfect analogue.

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History of this topic

Beyond Meat Says Being Attacked Has Just Made It Stronger
3 months ago

Beyond Meat Says Being Attacked Has Just Made It Stronger

Wired  

In 2019, the future of vegan meat looked rosy. Beyond Meat was on the verge of going public and the media could not get enough of juicy, bleeding, plant-based burgers that would make lentil pucks a thing of the past and convince a whole generation of meat-eaters to try vegan fare. Things were so good that a few attack ads …

Beyond Meat reverses revenue slide by raising prices on its plant-based products
4 months, 3 weeks ago

Beyond Meat reverses revenue slide by raising prices on its plant-based products

Associated Press  

Beyond Meat reversed a sales slide in the third quarter, growing revenue for the first time since 2022 as it charged higher prices for its plant-based meat. Still, Beyond Meat’s shares fell nearly 6% in after-hours trading after it said it expects full-year net revenue in the range of $320 million to $330 million. Unlike previous products, Beyond Meat said …

Beyond Meat Is Stalling in the US. Europe Could Be Another Story
55 years, 3 months ago

Beyond Meat Is Stalling in the US. Europe Could Be Another Story

Wired  

The plant-based meat industry is in a bad place. “We are encouraged by many of the results we see this quarter, results that demonstrate clear progress against our 2024 plan and our longer-term goal of profitable operations,” Beyond Meat CEO Ethan Brown told investors in an earnings call Wednesday. In the UK, McDonald’s has sold McPlant burgers with Beyond Meat …

How Beyond Meat is trying to get its sizzle back
10 months ago

How Beyond Meat is trying to get its sizzle back

LA Times  

A package of Beyond Meat’s new burger, which contains less saturated fat and sodium than previous versions. “We thought we were just gonna go from our meteoric rise into the mainstream and not have to deal with this cycle that we’re in,” said Beyond Meat founder and Chief Executive Ethan Brown in an interview at the company’s new El Segundo …

Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales
10 months, 3 weeks ago

Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales

Associated Press  

Plant-based meat maker Beyond Meat urged investors to look past its mixed first quarter results Wednesday, saying a new, healthier burger hitting U.S. shelves now will help reignite weak sales. International retail sales fell 12%, reflecting lower demand for plant-based chicken, Beyond Meat said. Beyond Meat said it was a tough comparison to the first quarter of 2023, when Beyond …

Beyond Meat’s shares soar on better-than-expected Q4 revenue despite weak US sales
1 year, 1 month ago

Beyond Meat’s shares soar on better-than-expected Q4 revenue despite weak US sales

Associated Press  

Beyond Meat shares soared Tuesday as investors cheered better-than-expected fourth quarter revenue and a new, healthier burger that could help revive U.S. sales. Beyond Meat President and CEO Ethan Brown said the company used to rely on 13 outside manufacturing locations in North America; now it uses just one. Beyond Meat said its U.S. sales fell 23.5% during the quarter. …

Can a healthier plant-based burger combat falling US sales? Beyond Meat hopes so
1 year, 1 month ago

Can a healthier plant-based burger combat falling US sales? Beyond Meat hopes so

Associated Press  

Beyond Meat is revamping its signature plant-based burger, hoping that healthier ingredients will help it boost flagging U.S. sales. The El Segundo, California-based company said Wednesday its new Beyond Burger patties and Beyond Beef grounds cut saturated fat by 60% by switching from canola and coconut oils to avocado oil. The new Beyond Burger also has less saturated fat and …

Beyond Meat revenue falls as rising demand in Europe can’t overcome plummeting US sales
1 year, 4 months ago

Beyond Meat revenue falls as rising demand in Europe can’t overcome plummeting US sales

Associated Press  

Beyond Meat’s revenue fell nearly 9% in the third quarter as higher sales of its plant-based meat in Europe failed to make up for plummeting demand in the U.S. Beyond Meat cut its third-quarter and full-year revenue forecast last week, saying an anticipated rebound in plant-based meat sales during the quarter didn’t occur. Beyond Meat’s international retail sales rose 39% …

Beyond Meat cuts non-production workforce by 19% with demand for plant-based meat weak
1 year, 4 months ago

Beyond Meat cuts non-production workforce by 19% with demand for plant-based meat weak

Associated Press  

Beyond Meat is cutting 19% of its non-production workforce after a weaker-than-expected third quarter. “We anticipated a modest return to growth in the third quarter of 2023 that did not occur,” Beyond Meat President and CEO Ethan Brown said in a statement. U.S. retail dollar sales of fresh meat alternatives, like sausage and burgers, were down 21.5% this year through …

Beyond Meat revenue plummets in the second quarter due to flagging US demand
1 year, 7 months ago

Beyond Meat revenue plummets in the second quarter due to flagging US demand

Associated Press  

Plant-based meat substitute maker Beyond Meat said its revenue plunged 30.5% in the second quarter as consumer demand for its burgers, sausages and other products fell despite price cuts. In a conference call with investors, Beyond Meat President and CEO Ethan Brown said the company faced tough comparisons to the second quarter of 2022, when a new beef jerky product …

Beyond Meat beats Q4 forecasts despite flagging sales
2 years, 1 month ago

Beyond Meat beats Q4 forecasts despite flagging sales

Associated Press  

Beyond Meat on Thursday reported better-than-expected fourth quarter sales despite flagging consumer demand and lower prices. Beyond Meat President and CEO Ethan Brown said the company is seeing progress in its drive to cut costs and manufacturing complexity. Brown also said Beyond Meat plans new products with improved taste this year. Beyond Meat said it expects net revenue in the …

Internal documents detail dirty conditions at Beyond Meat plant
2 years, 4 months ago

Internal documents detail dirty conditions at Beyond Meat plant

LA Times  

Photos and internal documents from a Beyond Meat Inc. plant in Pennsylvania show apparent mold, listeria and other food-safety issues, compounding problems at a factory the company had expected to play a major role in its future. Inspections by the Pennsylvania Department of Agriculture in March and September “found no instances of nonconformance with regulations,” and the company’s food-safety protocols …

Beyond Meat exec departs amid job cuts, slowing sales
2 years, 5 months ago

Beyond Meat exec departs amid job cuts, slowing sales

Associated Press  

The Beyond Meat executive charged with biting a man’s nose during a fight last month left the plant-based meat company Friday amid a larger round of job cuts as the company seeks tries to offset a decline in sales. The news came as Beyond Meat announced a second round of job cuts and trimmed its revenue expectations for the year. …

Beyond Meat cuts jobs as demand cools for alternative proteins
2 years, 5 months ago

Beyond Meat cuts jobs as demand cools for alternative proteins

LA Times  

Two patties of Beyond Meat’s meatless burger cook in a skillet. Retail sales of refrigerated meat alternatives fell almost 11% in the 12 months that ended Oct. 2 from the previous period. Beyond Meat asked employees to work from home Thursday and restricted access to documents, according to some of the people, who asked not to be named because they …

Beyond Meat announces layoffs after lower Q2 sales
2 years, 7 months ago

Beyond Meat announces layoffs after lower Q2 sales

Associated Press  

Plant-based meat maker Beyond Meat said Thursday it’s laying off 4% of its workforce after a difficult second quarter that saw cost-conscious customers bypass its higher-priced products. Beyond Meat President and CEO Ethan Brown said customers dealing with food price inflation traded down to cheaper store brands of plant-based meat or bought animal meat. Brown said Beyond Meat’s ground beef …

Kim Kardashian Shows She Really Ate A Beyond Meat Burger In Viral Commercial
2 years, 9 months ago

Kim Kardashian Shows She Really Ate A Beyond Meat Burger In Viral Commercial

Huff Post  

LOADING ERROR LOADING Kim Kardashian wants to prove her critics wrong. “Guys, come on,” Kardashian wrote on the behind-the-scenes clips showing her tasting an array of Beyond Meat products. Kardashian, who was recently crowned Beyond Meat’s first “chief taste consultant,” posted the plant-based meat company’s commercial last week to her Instagram account. Fans quickly flooded her comments, telling her that …

Beyond Meat shares tumble on disappointing Q1
2 years, 10 months ago

Beyond Meat shares tumble on disappointing Q1

Associated Press  

Plant-based meat company Beyond Meat reported lower-than-expected revenue in the first quarter as it slashed prices and demand from restaurants fell. Beyond Meat said the total volume of products sold in the first quarter rose by 12%, but net revenue per pound dropped 10%, largely because of discounts and reductions in list prices. Beyond Meat President and CEO Ethan Brown …

What Beyond Meat and McDonald’s deal means for your plate
4 years, 1 month ago

What Beyond Meat and McDonald’s deal means for your plate

Live Mint  

EL SEGUNDO, Calif. — Plant-based food company Beyond Meat will be partnering with several major fast-food chains in the coming years to expand offerings that could eventually include plant-based burgers, chalupas or toppings on a stuffed-crust pizza. Beyond Meat recently announced distribution agreements with McDonald's as well as with Yum Brands, the parent company of KFC, Taco Bell and Pizza …

McPlant and more: Beyond Meat inks McDonald's, Yum deals
4 years, 1 month ago

McPlant and more: Beyond Meat inks McDonald's, Yum deals

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Plant-based food company Beyond Meat …

Tricking the Taste Buds: Flavour Makers Rise to Meaty Challenge Amid Concerns Over Health, Animal Welfare
4 years, 4 months ago

Tricking the Taste Buds: Flavour Makers Rise to Meaty Challenge Amid Concerns Over Health, Animal Welfare

News 18  

At flavour maker Givaudan’s innovation centre near Zurich, veteran chef Sam Brunschweiler serves up a lamb shawarma dish that looks and tastes appropriately meaty but is made from pea protein. Givaudan analyses how fat, proteins, sugars and water in meat produce different flavours when heated because “most of the flavour comes from the cooking”, Garofalo said. Stacy Pyett, who manages …

Beyond says it collaborated with McDonald’s on McPlant patties
4 years, 4 months ago

Beyond says it collaborated with McDonald’s on McPlant patties

LA Times  

Beyond Meat Inc. recovered earlier losses after announcing it collaborated with McDonald’s Corp. in the creation of plant-based patties for the fast-food giant’s new line of substitute meat products. The announcement from Beyond Meat helped the stock reverse earlier losses after McDonald’s said its new plant-based burgers would be “crafted exclusively for McDonald’s by McDonald’s.” The market interpreted that to …

Beyond Meat stock price soars amid fear of a coronavirus beef and pork shortage
4 years, 11 months ago

Beyond Meat stock price soars amid fear of a coronavirus beef and pork shortage

LA Times  

Ethan Brown, founder and chief executive of Beyond Meat, at his company’s headquarters in El Segundo in February 2019. “The market’s taking that as if there’s a shortage out there; Beyond Meat can potentially benefit,” said Rupesh Parikh, a senior analyst at Oppenheimer & Co. who tracks food, grocery and consumer products. A surge in demand could provide some needed …

Ethan Brown went vegan but missed fast food. So he started a revolution
5 years, 2 months ago

Ethan Brown went vegan but missed fast food. So he started a revolution

LA Times  

Twitter co-founder Biz Stone likes to think of himself as a “not preachy vegetarian.” He doesn’t eat meat but tends to keep his views to himself. “We showed it to other people besides Ethan, but Ethan was the only one who was committed enough and saw enough future in it to actually pursue it.” Kitchen assistant Tony Partida seals a …

Beyond Meat raises sales forecast despite competition
5 years, 5 months ago

Beyond Meat raises sales forecast despite competition

Associated Press  

NEW YORK — Beyond Meat is facing a growing field of competitors but on Monday it raised its sales forecast for the year citing its leading role a new wave of vegetarian products intended to more closely mimic meat. It said McDonald’s also recently announced a test of a Beyond Meat burger in Canada. The upbeat sales forecast comes as …

Vegan sausage which ‘sizzles and satisfies’ like pork version to launch in Tesco
5 years, 6 months ago

Vegan sausage which ‘sizzles and satisfies’ like pork version to launch in Tesco

The Independent  

Sign up to IndyEat's free newsletter for weekly recipes, foodie features and cookbook releases Get our food and drink newsletter for free Get our food and drink newsletter for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A vegan sausage that is as "sizzling and delicious" as …

Are Beyond Meat And Impossible Burgers Better For You? Nutritionists Weigh In.
5 years, 8 months ago

Are Beyond Meat And Impossible Burgers Better For You? Nutritionists Weigh In.

Huff Post  

LOADING ERROR LOADING Sure, plant-based meat alternatives are better for the planet than meat, but a viral blog post called “Beyond Meat Is Beyond Unhealthy” got the internet wondering: Are they really that much healthier for our bodies? But Fine said quality over quantity is what matters, and the high protein in Beyond and Impossible burgers comes from processed plant-based …

Even Tyson is getting in on the plant-based meat craze
5 years, 9 months ago

Even Tyson is getting in on the plant-based meat craze

CNN  

New York CNN Business — Tyson, one of the world’s biggest meat producers, is entering the alternative meat space. “So we’re creating new products for the growing number of people open to flexible diets that include both meat and plant-based protein.” He added that “for us, this is about ‘and’ — not ‘or.’” The chicken-free nuggets are made with egg …

How Beyond Meat made it into the meat aisle
5 years, 9 months ago

How Beyond Meat made it into the meat aisle

CNN  

New York CNN Business — Beyond Meat, the plant-based protein company, is on fire. “It feels like this breakthrough moment,” Beyond’s executive chair Seth Goldman told CNN Business. But “in the consumer’s mind, it’s definitely been a step-change in terms of awareness and acceptance.” One thing that likely helped more people learn about Beyond was its placement in the meat …

Plant-based burger maker Beyond Meat beats forecasts in 1Q
5 years, 9 months ago

Plant-based burger maker Beyond Meat beats forecasts in 1Q

Associated Press  

Beyond Meat went beyond expectations in its first earnings report since its stock market debut last month. Beyond Meat also said it expects full-year revenue to hit $210 million this year, more than double its 2018 revenue and higher than the $205 million analysts had forecast, according to FactSet. In a conference call with analysts, Brown said he’s not concerned …

Meat-based alternatives gain new popularity
5 years, 9 months ago

Meat-based alternatives gain new popularity

Hindustan Times  

From Burger King’s introduction of a vegetarian version of its uber-popular Whopper burger to the much-celebrated Wall Street entry of vegan startup Beyond Meat, companies selling meat alternatives have the wind in their sails. The companies are banking on changing dietary habits of part of the population limiting meat consumption for environmental, health or animal rights reasons. But several companies …

Beyond Meat stock is overpriced beyond reason, says analyst who had Facebook IPO pegged
5 years, 10 months ago

Beyond Meat stock is overpriced beyond reason, says analyst who had Facebook IPO pegged

LA Times  

In the world of high finance, Erlan Abdikarimov is as small-time as they come. So when Abdikarimov came out last week with a dire warning on Beyond Meat Inc., predicting shares would plunge, no one on Wall Street took much notice. After all, Beyond Meat is the hottest IPO the U.S. market has seen in more than a decade, with …

Beyond Meat: Shares in vegan burger company double on stock market debut
5 years, 10 months ago

Beyond Meat: Shares in vegan burger company double on stock market debut

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares in Beyond Meat doubled …

The Latest: Beyond Meat shares close 163% higher
5 years, 10 months ago

The Latest: Beyond Meat shares close 163% higher

Associated Press  

NEW YORK — The Latest on Beyond Meat’s initial public offering : 4:30 p.m. Investors gave a beefy welcome to Beyond Meat in its debut on the Nasdaq stock exchange Thursday. Beyond Meat CEO Ethan Brown says his company could have continued to attract private funding, but wanted consumers to be able to participate in Beyond Meat’s growth. Beyond Meat …

Beyond Meat IPO: Stock skyrockets 163% as it hits public market
5 years, 10 months ago

Beyond Meat IPO: Stock skyrockets 163% as it hits public market

LA Times  

Beyond Meat CEO Ethan Brown, center, celebrates with guests after ringing the opening bell at Nasdaq MarketSite in New York on Thursday. “But it’s not clear that Beyond Meat is that.” The company will need to expand its product range to succeed outside the United States, where burgers aren’t as popular, Lawson added. Brown says Beyond Meat’s ingredient list — …

Plant-based 'Beyond Burger' now available in Dutch supermarkets
5 years, 11 months ago

Plant-based 'Beyond Burger' now available in Dutch supermarkets

NL Times  

Good news for Dutch meat lovers who also want to make a more environmentally-friendly choice with their meals. The Beyond Burger is a plant-based burger patty by Beyond Meat that boasts to have the same texture and flavor as a real-meat burger patty. It is also more environmentally friendly than its beef counterpart, producing 90 percent fewer greenhouse gas emissions …

‘Bleeding’ vegan Beyond burger hits UK stores
6 years, 4 months ago

‘Bleeding’ vegan Beyond burger hits UK stores

CNN  

London CNN — It sold out in the US, and now the delayed launch of a “bleeding” vegan burger is causing huge excitement among UK vegetarians and vegans. On November 12 the Beyond Burger, a soy-free, gluten-free vegan patty that “changes color as you cook it,” just like a traditional beef burger, hit the shelves at the UK’s largest supermarket …

Why your new favorite backyard burger may soon be plant-based
8 years, 9 months ago

Why your new favorite backyard burger may soon be plant-based

LA Times  

Classic burgers on the grill at a tailgate party. Beyond Meat, a company based in El Segundo, just unveiled a burger so similar to the classic American burger that it’s become the first ever plant-based product sold in the meat department at Whole Foods. The Beyond Burger, along with the company’s line of other plant-based products, aims to disrupt the …

Whole Foods sells meatless burger 'tastes, feels and even bleeds'
8 years, 10 months ago

Whole Foods sells meatless burger 'tastes, feels and even bleeds'

Daily Mail  

In Denver and Washington, D.C. soon and other locations over the summer It is billed as the ultimate burger - but one containing absolutely no beef. In order to develop the illusion of a juicy ground beef patty, the firm looked to researchers like Stanford University structural biologist Joseph Puglisi to devise a plan for layering plant fat. Beyond Meat …

Whole Foods introduces meatless burger that 'bleeds' vegetable juices
8 years, 10 months ago

Whole Foods introduces meatless burger that 'bleeds' vegetable juices

The Independent  

Sign up to IndyEat's free newsletter for weekly recipes, foodie features and cookbook releases Get our food and drink newsletter for free Get our food and drink newsletter for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. Brown left the energy industry and founded a startup called Beyond Meat in 2009, …

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