Beyond Steak wins innovation award

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Meat- and Fish Alternatives

Beyond Steak Arrives in the UK, Wins Gold Innovation Award at Casual Dining 2023

Beyond Meat‘s plant-based steak alternative, Beyond Steak, has made its UK debut at the annual Casual Dining Show. At the event, the product won gold in the esteemed Casual Dining Innovation Challenge 2023. Judges described the plant-based steak pieces as a “sustainable gamechanger”, praising their high protein content and low levels of saturated fat. It comes after the steak alternative became the first plant-based meat to be certified by the American Heart Association in May, following its US launch in October 2022. Beyond Steak was also named one of the best inventions of 2022 by TIME magazine, with the publication praising it as having the “fibrous texture” of steak while being “definitely healthier”. Additionally, the product received a prestigious FABI Award from the US National …

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Sausalitos Beyond Burger

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Food Service

Germany: Beyond Meat’s Steak, Burger, & Meatballs Now on Menus at SAUSALITOS

German gastronomy chain SAUSALITOS is launching new dishes with Beyond Burger, Beyond Steak, and Beyond Meatballs. SAUSALITOS is bringing three new plant-based dishes to the menu featuring Beyond Burger, the Beyond Meatballs and the award-winning Beyond Steak at over 40 SAUSALITOS locations in Germany. The new offerings come in response to the increasing number of German consumers consciously refraining from eating animal meat. According to a survey by GFI Europe, one in two Germans has reduced their meat consumption in the last five years. Instead, 41% of Germans eat plant-based meat at least once a week. “The wishes of our customers change, so we constantly adapt our offering and keep up with the times,” says Eiko Scharfenberger, food product manager at SAUSALITOS. “Beyond Meat’s plant-based …

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Mcdonald's Mcplant

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Products & Launches

McDonald’s Launches the McPlant in Switzerland and Slovenia

McDonald’s continues its global plant-based menu expansion following the successful launch of the McPlant Steakhouse in the Netherlands, which features a patty co-developed with Beyond Meat and three other new plant-based options. Now, Switzerland and Slovenia are the latest European destinations to add meatless offerings to the menu. McPlant in Switzerland As the popularity of flexitarianism continues to grow in Switzerland, McDonald’s is catering to the demand by introducing the McPlant to the menu. The plant-based patty is crafted in collaboration with Beyond Meat and can be served entirely plant-based by omitting the cheese and sauce.  Lara Skripitsky, managing director of McDonald’s Switzerland, highlights: “With the McPlant, we offer our guests who eat flexitarian food even more choice. The McPlant patty is made from plant-based …

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Food Service

Veggie Grill Welcomes Beyond Steak to Its 100% Plant-Based Menu

US fast-casual chain Veggie Grill furthers its partnership with Beyond Meat (Nasdaq: BYND) by introducing an expanded range of Beyond Steak options.  Veggie Grill opened the doors of its flagship location in Irvine, California, in 2006, and by 2020, it expanded to 36 locations across the US. While the chain has scaled back to just 17 locations across California, Oregon, Washington, and Massachusetts, it’s focusing on innovating its menu with fresh items such as those featuring Beyond Steak.  Innovating the menu All Veggie Grill locations will now serve Romaine Caesar Salad with Beyond Steak, Steak Fajita Quesadilla, and Sonoran Bowl with Beyond Steak. Beyond Steak can also be added to other select Veggie Grill menu items, including the Caesar Salad Wrap. Veggie Grill has received …

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Beyond Steak

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Marketing & Media

Beyond Meat Takes Back the Narrative, Shows Why Plant Meat Should be “Celebrated, Not Vilified” in New Multi Phase Ad Campaign

Beyond Meat today launches the There’s Goodness Here campaign which aims to bring transparency to the process behind its plant meat products. In response to the current narrative around “processed”, the plant leader defines “process” as “a series of steps taken in order to achieve a particular end,” and says it “is taking back the narrative to showcase why the clean and simple steps in [its] process should be celebrated, not vilified.” The marketing initiative states, “In an increasingly noisy landscape where it can be hard for consumers to navigate between fact and fiction, the new campaign is focused on demystifying the process behind the creation of the company’s delicious, nutritious, and sustainable plant-based meat products.” Today, the multi-phase campaign kicks off with a video …

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Beyond Stack Burger_with packaging

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Products & Launches

The New Beyond Stack Burger, “Closer in Taste & Texture to Beef”, Arrives in US Retail

Beyond Meat announces today the expansion of its burger portfolio with latest NPD, the Beyond Stack Burger, a patty described as even closer in taste and texture to beef and designed for single, double, and triple-stacked burgers. Beyond says the Beyond Stack Burger is described in early reviews as “juicy,” having a “delicate crumble that truly resembles beef burgers,” and being “crispy on the outside, resembling the popular beef smash burgers“, with the launch coming as smash-style burgers continue to grow in popularity, with a 720% increase on menus over the past four years. This May, the company launched its first Smash Burger into foodservice, and this retail expansion allows consumers to enjoy the product at home. Despite recent naysaying regarding the nutritional qualities of …

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Beyond Steak Seared Tips

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Retail & E-Commerce

Beyond Meat Expands Best-Selling Beyond Steak to Thousands of New Retail Locations

Beyond Meat (NASDAQ: BYND) announces it is expanding retail availability for its award-winning Beyond Steak product, which can now be found at 14,000 retail locations across the US.  According to Beyond Meat, its steak ranks as the top-selling new plant-based meat in retail and recently launched at grocery chains such as Whole Foods Market, Publix, Wegmans, Meijer and Stater Bros. Markets. The company also reveals recent data showed that 2 out of 3 households that tried Beyond Steak repurchased the product, which supports other positive feedback the product has received since its US launch last year.  In June, Beyond Steak was named “Best Plant-Based Beef” by PEOPLE Food Awards 2023 for having “the texture, chew and flavor” of real steak. The product also received a FABI …

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People eating Beyond Meat around grill

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Stock market

Chiron Capital Management Makes Strategic Investment in Beyond Meat, Recognizing the Potential of Plant-Based Meat

Chiron Capital Management reportedly purchased 10,953 shares of Beyond Meat (NASDAQ: BYND) at an estimated value of $178,000 in Q1, 2023 — a move signaling that the US fund is confident of the potential success of Beyond Meat and the plant-based meat market.  The online platform Beststocks states that this strategic investment is fueled by thorough analysis and an astute understanding of market trends. It argues that by investing in Beyond Meat, Chiron Capital Management is part of a growing group of companies that recognize the potential of the alt protein sector. In February, Beyond Meat’s NASDAQ shares increased by 15% and months later reached its highest point in 52 weeks on the Frankfurt Stock Exchange. In May, better-than-expected Q1 results boosted Beyond Meat stock …

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Beyond Nuggets

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Meat- and Fish Alternatives

Beyond Meat Launches Beyond Nuggets and Beyond Tenders at REWE Germany

Beyond Meat (NASDAQ: BYND) is expanding its range in Germany with two new plant-based chicken-style products: Beyond Nuggets and Beyond Tenders. The product innovations will initially be available in 1,600 REWE stores and in the REWE Online Shop starting this week. In Germany, more than one in three (40%) already follow a flexitarian diet or abstain from animal meat altogether. In 2022, meat consumption in Germany fell to a record low, while the market for plant-based meat continues to grow. By 2029, the European market for plant-based foods is expected to grow to over €16 billion. This puts Europe in a good position to lead the global shift towards a plant-based diet. Beyond Meat continues on expansion course Beyond Meat continues to expand despite many …

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Beyond Sausage and Burgers at Costco

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Retail & E-Commerce

Beyond Meat’s Popular Sausage Debuts at Select US Costco Stores

Beginning this week, Beyond Meat (NASDAQ: BYND) announces it is expanding its Costco portfolio with the debut of Beyond Sausage. In addition, the brand’s Beyond Burger will be a featured item at Costco stores from now until July 23, offering the product at a more approachable price point ahead of the July 4th holiday.  Made for grilling According to Beyond Meat, the new “even meatier” Hot Italian Beyond Sausage will be sold in a 12-link pack at select Costco warehouses in US West, Southwest and Hawaii regions. As America’s “top-selling” plant-based dinner sausage, Beyond Sausage now features a new recipe with an enhanced flavor and meatier taste and texture. Each link contains 16 grams of protein and 40% less saturated fat than a leading brand of …

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Beyond Sausage lifestyle

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Products & Launches

Beyond Meat’s Latest Iteration of Beyond Sausage Has “Meatier, Juicier” Taste

Beyond Meat (NASDAQ: BYND) announces it is launching a new iteration of its popular Beyond Sausage, featuring a meatier, “juicier” taste and texture. The latest version is rolling out to more than 15,000 US retail stores in time for the July 4th holiday.  According to Beyond Meat, Beyond Sausage ranks as the top-selling plant-based dinner sausage, and the innovation offers an enhanced flavor profile with new spices to fully recreate the taste of traditional pork sausage. In consumer testing, the brand reports consumers showed a strong preference for the newest Beyond Sausage and praised its overall flavor and texture.  Available in Brat Original, Hot Italian and Sweet Italian, the sausage is made with ingredients like peas and brown rice while offering 16 grams of protein …

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Beyond Meat Smashable Burger

Smash burger © Beyond Meat

Meat- and Fish Alternatives

Alt Meats Approach Price Parity in France as Beyond Meat Becomes 40% Cheaper

New figures from France suggest that plant-based meats are close to price parity with conventional meat, as high inflation amongst other factors continues to affect the price of animal products. According to market analyst Xerfi, meat alternatives have been less affected by rising costs, due to increased economies of scale and the compression of margins. In fact, the prices of some plant-based meats have actually fallen, despite inflation, mirroring a GFI report from April in which data from 13 countries demonstrated that the prices of these foods have been less affected by inflation than conventional animal products. For example, Beyond Meat’s burgers dropped from €27 to €16.34 per kilogram between 2020 and 2023 — a 40% reduction that brings them close to price parity. Meanwhile, …

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Beyond Meat Smashable Burger

Smash burger © Beyond Meat

Food Service

Beyond Meat Launches 2.5oz Beyond Smashable Burger Patty Into US Foodservice

Following the emerging trend for smash burgers, differentiated by the cooking method of smashing the meat into the grill with a spatula, creating increased surface area and allowing for an elevated taste profile due to the extra heat; Beyond Meat today launches  2.5oz Beyond Smashable Burger into US foodservice channels. Described by Beyond as having a “juicy, tender center and crispy, caramelized exterior”, the new patty is said to offer a “customizable experience so that foodservice operators can create the perfect smash-style burger option to fit their menu.” The launch comes in response to the fact that smash burgers have been trending on social media in recent months, while plant-based burgers have remained the fastest-growing term on restaurant menus since 2019 — up 1,150% according …

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Plant-based ready meals

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Products & Launches

Beyond Meat Launches Frozen Plant-Based Ready Meals in the UK

Beyond Meat has added to its product range in the UK with the launch of three frozen plant-based ready meals at Tesco stores. The Beyond Meals range consists of: Spaghetti Bolognese — Beyond Meat in a tomato and herb sauce with spaghetti. Keema Curry & Pilau Rice — Beyond Meat simmered in a sauce made from spices, tomato, and onion, accompanied by spiced pilau rice. Chili with Coriander Rice — Beyond Meat combined with black beans and red pepper in a tomato chili sauce, paired with coriander rice. All three meals can be prepared in under ten minutes and contain at least 14 grams of protein. “Something for everyone” Beyond Meat initially applied to register the trademark “Beyond Meals” in the UK last October, leading …

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Beyond Meat plant-based chicken burger

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Investments & Finance

Beyond Meat to Raise $200M in Equity Offering as Q1 Results Surpass Expectations

Beyond Meat has reported that it is seeking to raise up to $200 million in an equity offering for “general corporate and working capital purposes”. The sales could be made at any time, either over the counter or negotiated privately. Goldman Sachs will be the sales agent. The news comes after the company posted better-than-expected results for the first quarter of 2023, with a smaller loss and greater revenue than predicted by Wall Street. Net loss narrowed to $59 million, while net revenue was $92.2 million — $1.4 million greater than expected. Following the publication of the results, shares in Beyond rose by 11% in extended trading before paring gains. Stronger revenue growth is now expected for the remainder of the year; Beyond’s food service …

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Beyond Steak Healthy Plant-Based Meat

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Health

Beyond Steak Becomes “First” Plant-Based Meat Certified by the American Heart Association

Beyond Meat (Nasdaq: BYND) announces Beyond Steak has become the first plant-based meat and first steak to be certified by the American Heart Association’s Heart-Check Program.  The product will now carry the organization’s widely recognized Heart-Check seal, which helps consumers identify healthier foods when reading nutrition labels.  According to Beyond, its steak joins a select group of food products that meet the Association’s exacting nutritional standards for a heart-healthy food – including being low in saturated fats, trans fats, cholesterol and sodium, and having over 10% of the Daily Value of essential nutrients.  Described as a better-for-you and portionable product, each serving of Beyond Steak offers 21 grams of protein, 170 calories and 1 gram of saturated fat, with no cholesterol, GMOs or added hormones …

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Beyond Meat plant-based chicken burger

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Meat- and Fish Alternatives

Beyond Meat Launches Plant-Based Chicken Made With Fava Beans in the UK

Beyond Meat is expanding its range in the UK with three new plant-based chicken products, following the success of the brand’s beef and pork alternatives. The new products are: Beyond Burger Chicken-Style — a twist on the classic Beyond Burger, containing 15 grams of protein per 100 grams. Beyond Fillet — a quick-to-prepare option, described as “crunchy on the outside and juicy on the inside”. Beyond Nuggets — breaded plant-based chicken pieces, said to be “tasty, convenient, and easy to make”. Beyond’s existing range in the UK includes sausage, beef-style burgers, mince, and meatballs. While the original Beyond Burger is made from pea protein, the new products are made with fava beans and wheat gluten; according to Beyond, the properties of the beans make them …

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Beyond Burger in Store

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Stock market

Beyond Meat Stock at Highest Point in 52 Weeks on Frankfurt Stock Exchange

This Tuesday morning (18th April), Beyond Meat stock jumped 1.4 percent in Frankfurt trading, hitting a high for the day at €13.37, as Germany continues at the forefront of animal meat reduction. Beyond Meat stock reached its highest point in 52 weeks (since April 28, 2022), although the stock currently trades 68.77 percent below its 52-week high. Furthermore, the current Beyond Meat share price is 26.72 percent higher than the low point reached on December 29, 2022, as explained by finanzen. Diminished losses in Q4 Beyond Meat declared its Q4 2022 results at the end of February, reporting diminished losses and revenue that surpassed expectations. The news sent Beyond shares soaring by 15 percent in after-market trading.  CEO Ethan Brown, said upon sharing the Q4 results: “We …

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Beyond Meat Pepperoni and Chicken Fillets

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Products & Launches

Beyond Meat Launches Beyond Pepperoni and New Chicken Fillets Into US Food Service

Beyond Meat announces the launch of Beyond Pepperoni and all-new Beyond Chicken Fillets into North American food service, with the new products said to be indistinguishable in taste from animal-based meat.  According to Beyond, more people than ever are seeking plant-based pepperoni at their favorite restaurants, with 53% of polled consumers agreeing they would increase visits to a restaurant if plant-based pepperoni were available. Beyond previously debuted plant-based pepperoni at US Pizza Hut locations in 2021 – this rollout marks the first time the product is available to foodservice operators across the country.  Better chicken Beyond Chicken Fillets were created to help meet the growing demand for plant-based chicken in restaurants, which the company says has increased +1,098% from one year ago. Beyond states that …

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Beyond Steak plant-based steak

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Company News

Beyond Meat’s Beyond Steak Wins Prestigious 2023 FABI Innovation Award

Beyond Meat (NASDAQ: BYND) announces its Beyond Steak product has been awarded the coveted 2023 FABI Award (Food and Beverage Innovation) from the National Restaurant Association. The award recognizes plant-based Beyond Steak for “breaking new ground in creativity and taste”, and marks Beyond Meat’s seventh consecutive FABI award.  According to the National Restaurant Association, the FABI Awards honor products that are revolutionizing food and beverage with innovative flavors, ingredients, creativity, and profit potential. Beyond Meat says its Beyond Steak seared tips provide an authentically juicy, meaty taste and flavor profile that is ideal for sandwiches, bowls, salads, stir fries, tacos and more. FABI praised the product, which first launched in the US in Fall 2022, for its “tender” bite and perfectly “caramelized crust.” Made with …

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