Beyond Meat Panda Express

© Beyond Meat

Food Service

Panda Express Brings Back ‘Beyond The Original Orange Chicken’ to the USA in Response to Consumer Demand

Panda Express has announced the return of Beyond The Original Orange Chicken to its menus across the United States. This plant-based version of the hugely popular dish, created in partnership with Beyond Meat, is making a comeback due to substantial consumer demand. The dish, designed to replicate the crunchy texture and flavor of Panda Express’s traditional Orange Chicken, was initially launched nationwide in September 2022 after successful trials in Southern California and New York City in 2021. The trial phases saw the dish selling out in less than two weeks, prompting its expansion to 70 additional locations. In 2022, Panda Express also tested two other Beyond Meat dishes at its Pasadena, California location: Mapo Tofu with Beyond Beef and String Beans with Beyond Beef. Petition …

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Heaser image for the Webtalk reording "Navigating the Plant-Based Markets in Germany and France - Expert Insights and Industry Trends" - "update" the business webtalk by vegconomist
Market & Trends

Catch the Replay: Insights on Navigating Plant-Based Markets in Germany and France

Dive into the latest industry insights with our recorded Business Webtalk, the first in our new “update” series, called Navigating the Plant-Based Markets in Germany and France – Expert Insights and Industry Trends. In this discussion, you can hear from top experts as they discuss emerging trends, opportunities, and challenges in these dynamic markets. Participants Swantje TOMALAK, French-German vegan industry expert Jean-Gabriel MOLLARD, Global Marketing and Communication Director at SIAL NETWORK Fabian FUCHS, Manager Retail Sales DACH at Beyond Meat Marta Aleksandra KUSNIERZ, Innovation Marketing Manager Europe at Givaudan Nadine FILKO, Moderator Watch Now Delve into the topics by watching the full session below. Display content from YouTube Click here to display content from YouTube. Learn more in YouTube’s privacy policy. Always display content from …

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Products & Launches

Canadians Are Dubious About Plant Alternatives. Beyond Brings Beyond Steak to Canada to Prove Them Wrong

Beyond Meat, Inc. (NASDAQ: BYND) recently commissioned a survey in order to understand the attitudes of Canadian consumers towards red meat. The findings indicate that many Canadians are skeptical about plant-based meat and despite a willingness to reduce meat consumption, the overall sentiment is that such products would not offer the same quality of taste. The results of the Beyond survey were as follows. 67% of participants would consider reducing their red meat consumption A third of those who would like to reduce red meat feel that plant-based meat products do not taste good 49% would rather give up social media for a month than forego red meat Two-thirds of respondents believed steak to be the hardest meat to replicate in a plant-based alternative 55% …

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Spicy Beyond Burger Jalapeño

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Products & Launches

Beyond Meat Launches Spicy Beyond Burger Jalapeño in the UK

Beyond Meat has launched a new product, the Spicy Beyond Burger Jalapeño, at retailers across the UK. The launch comes as Europe continues to be Beyond Meat’s strongest market and a focal point for the business. The burger is described as “irresistibly juicy and delivering a spicy kick”. High in protein and made without soy, the NPD is aimed at all consumers who want to “continue eating what they love, no sacrifice required”; this includes meat-eaters, flexitarians, and vegans. The patty is said to be ideal for grilling, with Beyond Meat research indicating that 42.5% of respondents now serve or eat more plant-based foods at barbecues than they did five years ago*. “There is a growing trend for spicy foods in the UK,” said Ellie …

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beyond meat investor profile

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Stock market

Despite 8th Consecutive Quarterly Decline, Ethan Brown Predicts a “Pivotal and Terrific Year” for Beyond Meat

Beyond Meat has reported its Q1 2024 financial earnings, communicating a continued decline in revenue, prompting a nearly 14% drop in the company’s stock. Net revenues fell 18% year-over-year to $75.6 million, marking the eighth consecutive quarter of year-over-year revenue declines for the company.  This development follows a significant surge in the company’s stock value in February after Beyond announced its 2023 Q4 earnings. Despite a nearly 8% decline in Q4 revenue compared to the previous year, Beyond Meat received favorable reviews from analysts during the recent earnings call. This positive feedback was due to the fact that, although US sales decreased, the company’s performance exceeded analyst expectations. The decrease in revenue in Q1 was largely due to a 16.1% reduction in the volume of …

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Beyond meat beef crumbles

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Products & Launches

Beyond Meat Launches Revamped Plant-Based Crumbles, Earning American Heart and Diabetes Association Certifications

Plant-based meat leader Beyond Meat has introduced an updated and expanded selection of Beyond Crumbles, now available in the freezer sections of grocery stores throughout the United States. This latest iteration of the company’s plant-based crumbles is offered in three flavors, and has notably received third-party certifications from both the American Heart Association’s Heart-Check Food Certification Program and the American Diabetes Association’s Better Choices for Life Program. The revamped Beyond Crumbles range is available in: Beyond Beef Crumbles Original, Beyond Beef Crumbles Feisty, and a new addition, Beyond Sausage Crumbles Italian-Style, which will hit shelves this summer. The new crumbles can be prepared from frozen in minutes and each serving contains 12 grams of protein, less than one gram of saturated fat, and no cholesterol. …

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Beyond Burger

© Beyond Meat

Products & Launches

Beyond Burger Rolls Out at Over 800 Co-op Stores UK-Wide

Beyond Meat has announced that the Beyond Burger is launching at over 800 Co-op convenience stores and supermarkets across the UK. The burger, which has won several awards including Which’s Best Vegan Burger 2023, will be available in the frozen aisle. It contains 19g of protein and is cholesterol-free. A recent life cycle analysis indicates that the Beyond Burger requires 97% less land, 97% less water, and 37% less non-renewable energy than a comparable beef burger, while also generating 90% fewer greenhouse gas emissions. “Just in time for the warmer weather and BBQ season, we’re delighted to be extending our tasty Beyond Burger into Co-op stores across the UK,” said Lee Crane, Regional Sales Manager UK at Beyond Meat. “Local and convenient, the new launch …

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Beyond Steak launches in Belgium

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Meat- and Fish Alternatives

Beyond Steak Arrives in Belgium, Launching at 250 Delhaize Stores

Beyond Meat has announced that its award-winning Beyond Steak has launched in Belgium for the first time. In a LinkedIn post, the brand revealed that the product is now available at Delhaize, one of the country’s leading supermarket chains. Over 250 Delhaize stores are stocking the plant-based steak. Delhaize has been offering Beyond Meat products since 2019, when it first listed the Beyond Burger. The brand’s Smash Burger, Chicken Burger, and Tenders are also available at the retailer. The launch comes six months after Beyond Steak arrived in the UK, where it received a gold award in the esteemed Casual Dining Innovation Challenge 2023. The judges described the product as a “sustainable gamechanger”, praising its high protein content and low saturated fat levels. “Resonating with …

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Beyond Meat stock chart on mobile phone

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Stock market

Examining the Beyond Meat Stock Surge After the Earnings Call

It is too early to say if Beyond Meat is bouncing back, but the brand did enjoy a small rally since its earnings call last week. Far from being out of the woods, why did The Street respond positively to CEO Ethan Brown’s call?  Here are VegTech™ Invest CEO Elysabeth Alfano and Chief Investment Officer Sasha Goodman’s comments on analysts’ response to Beyond Meat, including a bit of the stock’s history. Wild Ride IPO Beyond Meat IPO’d during an exuberant time in 2019 with the stock rising 163% in one day, the largest rise of an IPO stock since 2008.  It was exciting, to say the least.  The valuation back then, however, was more aligned with the tech companies of the DotCom bubble than with …

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Beyond Burger

© Beyond Meat

Company News

Beyond Meat’s Q4 2023 Earnings Exceed Analyst Estimates, Prompting Stock Surge

Plant-based meat industry leader Beyond Meat has disclosed its financial results for the fourth quarter and full year ending December 31, 2023, triggering a surge in its stock value. Beyond Meat’s Q4 2023 net revenues were reported at $73.7 million, reflecting a 7.8% decrease compared to the previous year. Despite this decline, the figures exceeded the average analyst estimate of $66.8 million, as compiled by Bloomberg, propelling the company’s stock to a notable upswing. The gross profit for Q4 2023 saw a loss of $83.9 million, mainly due to non-cash charges related to a Global Operations Review report in November, and changes in accounting estimates. The net loss for Q4 2023 amounted to $155.1 million, compared to $66.9 million in the corresponding period last year. …

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Beyond Meat IV

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Company News

Beyond IV: Recipe Overhaul Represents “Transformative Step Forward” for Beyond Meat

The plant-based industry has faced growing consumer skepticism regarding the health of alternative meat products and myths around how potentially ‘processed’ they might be. This has led to challenges for key players like Beyond Meat. Founder and CEO Ethan Brown recently discussed necessary strategy shifts for the brand as the plant-based movement is up against stakeholders in animal agriculture who are pushing the narrative that plant-based meat is “fake, processed, and full of chemicals.”  Addressing this challenge, Beyond Meat has taken a significant step to improve the taste, nutrition, and ingredient transparency of its products with the latest development in its product lineup, the Beyond IV platform. This marks the fourth iteration of the Beyond Burger and Beyond Beef. Enhanced nutritional credentials Set to debut …

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Image courtesy of Beyond Meat

Marketing & Media

Europe Continues as Beyond Meat’s Strongest Market With Multiple Veganuary Activations

Beyond Meat’s vision is to be a global protein company helping the transition from animal to plant-based meat to address the climate crisis and animal welfare positively. On various occasions, the company has expressed strong ambitions for Europe, aiming to have a localized production to serve the growing demand for meat alternatives in the region. In 2021, the brand created a new position, General Manager of Europe, to expedite its growth in the continent. Since then, the company has expanded its presence in the UK and European countries, including Germany, The Netherlands, Switzerland, Spain, Slovenia, Belgium, Italy, and more recently Romania, launching different products through retail and foodservice. In November it was reported widely that customer demand in Europe is a bright spot for the company amid …

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Beyond Meat least you can do campaign

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Marketing & Media

Beyond Meat Targets New Year’s Resolutions with ‘Literally The Least You Can Do’ Campaign

In an effort to tackle one of the most common New Year’s resolutions — eating more healthily — Beyond Meat has launched a new marketing campaign called “Literally The Least You Can Do” which shines a spotlight on its heart-healthy Beyond Steak. The digital campaign will run on TV, OLV, Social, and Digital channels. Beyond Steak recently received the Heart-Check certification from the American Heart Association and has also achieved the distinction of being the first plant-based meat product to meet the nutritional guidelines set by the American Diabetes Association’s Better Choices for Life program, according to the company. Actor and producer Rizwan Manji, known for his role in Schitt’s Creek, features in the campaign, continuing his collaboration with Beyond Meat after appearing in the …

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Ethan Brown Beyond Meat

Ethan Brown © Beyond Meat

Company News

Beyond Meat’s Path Forward: CEO Ethan Brown’s Stance Amidst Market Challenges

The future of Beyond Meat has been a significant topic of discussion as of late, with many sources citing less than positive outlooks for the company. Yet, founder and CEO Ethan Brown’s commitment to the company’s mission remains unwavering despite the challenges the company has faced over the last few years. Brown recently appeared on Yahoo Finance’s Lead This Way to discuss his leadership strategies during company setbacks. He states, “People can say what they want, but we just keep doing the work. You just keep repeating and envisioning that and helping the team to see that, and you can get through almost anything.”  He speaks to the importance of focusing on the company’s “true north,” which, in its case, is providing plant-based meat that …

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Beyond Burger

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Sustainability / Environment

Beyond Meat Unveils Reports Highlighting Huge Environmental Benefits of Beyond Burger 3.0 Over Animal Beef Patties

Beyond Meat (NASDAQ: BYND) has released its 2022 ESG Report and an updated environmental life cycle assessment (LCA) of the latest version of its Beyond Burger 3.0., which launched for the first time in April 2021. The LCA results show that a quarter-pound Beyond Burger 3.0  patty compared to an 80/20 quarter-pound US beef patty, generates 90% less GHG emissions and requires 37% less non-renewable energy, 97% less land, and 97% less water consumption. The study focused on four key impact categories: global warming impact, fossil resources (non-renewable energy) use, land use, and water consumption, and was calculated based on product ingredients and production data from 2022. As explained by the brand, it was conducted in collaboration with Blonk Consultants, leading experts in food system sustainability, adhering to …

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New Beyond Burger at CostCo

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Products & Launches

Beyond Meat Introduces New Beyond Burger and 10-Packs Exclusively at Costco

Beyond Meat has announced the launch of its new and improved Beyond Burger, now available exclusively at Costco stores across the United States. Closely mimicking the taste of beef and designed to cook from frozen in just 10 minutes, the new burger aims to cater to Costco’s clientele of families and busy individuals. The company says its revamped Beyond Burger offers a juicy, flavorful interior with a perfectly seared exterior, achieving the classic griddled burger experience. With 19 grams of protein per patty, it has 35% less saturated fat compared to a standard 80/20 beef burger, without any cholesterol, added antibiotics, or hormones. The burgers still contain clean, simple, non-GMO ingredients like brown rice and pea protein, but Beyond says the new burger is even …

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Beyond Meat Pizza Hut pizza

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Food Service

Pizza Hut and Beyond Meat Unveil Beyond Pepperoni Range Across the UK

Pizza Hut UK and Beyond Meat announce the introduction of the Beyond Pepperoni pizza range at Pizza Hut delivery locations across the UK. Beginning January 2024, the plant-based pepperoni will also be available at Pizza Hut dine-in establishments for a limited time, aiming to cater to the evolving dietary preferences of pizza consumers.  The Beyond Pepperoni range features the Big New Yorker, a 16” pepperoni and cheese pizza, Beyond Pepperoni Feast with mixed peppers, and Beyond Pepperoni Melt pizza. By default, these pizzas come with regular mozzarella cheese, but Violife’s vegan cheese is available on request (at no extra cost) to make them 100% vegan. Hazell White, Head of Brand & Innovation at Pizza Hut UK & Europe, expressed pride in the partnership with Beyond …

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Wagamama veganuary

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Charity & Campaigns

Wagamama, Beyond Meat, and Wicked Kitchen Join New ’50 by 25′ Sustainable Dining Campaign

Animal rights charity Viva! and Emma Osborne, founder of Citizen Kind, have together launched a large-scale, two-year long initiative centred around sustainable dining called 50 by 25, which urges restaurants to make 50% of their menu plant-based by the end of 2025. Restaurants, hotels, coffee shops, food brands, distributors, wholesalers, professional chefs, and delivery services will all play an important role in kicking off this UK-based campaign. Brands Wagamama, Beyond Meat, and Wicked Kitchen have already pledged their support, joined by celebrities such as plant-based chef Derek Sarno, co-founder of Wicked Kitchen, and the multi-award-winning French chef (turned vegan) Alexis Gauthier. Wagamama’s menu is already 50% plant-based, and the 50 by 25 campaign is now calling for other restaurants to follow suit. As part of the …

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Beyond Stack Burger_bite

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Company News

Beyond Meat to Cut Non-Production Workforce by 19% as Q3 Results Fall Short of Expectations

Beyond Meat has said it plans to cut its global non-production workforce by 19% following weaker-than-expected third-quarter sales. The company expects revenues of around $75 million for the quarter (8.5% lower than the same period last year) and a loss of $7 to $8 million. Net revenue for the full year is predicted to be between $330 and $340 million (19-21% lower than 2022), while gross profit is expected to be approximately breakeven. Beyond Meat had previously said it aimed to be cash-flow positive by the end of the year. The company cites three factors that it believes have negatively impacted Q3 revenues — weaker than expected sales in US retail and food service channels, lower than expected effectiveness of promotions, and weaker sales of …

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Beyond Meat GO BEYOND GRILL Madison Square Garden

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Food Service

Beyond Meat Becomes the First Official Plant-Based Meat Partner of Madison Square Garden

Beyond Meat announces the opening of a first-of-its-kind dedicated concession stand at Madison Square Garden in NYC – the GO BEYOND GRILL. Part of a larger partnership with MSG Sports and MSG Entertainment, Beyond Meat is making history as the first official plant-based meat partner of Madison Square Garden, the New York Knicks, and the New York Rangers. Akerho “AK” Oghoghomeh, senior vice president of global marketing at Beyond Meat, commented, “Madison Square Garden is one of the world’s most iconic venues, reaching millions of consumers each year through their robust schedule of sports, music, and live entertainment events. We are proud to partner with The Garden to bring increased choice to their fans and make it even easier for event attendees to Go Beyond …

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