All articles tagged with #plant based meat
Beyond Meat is expanding its distribution at over 2,000 Walmart stores across the U.S., introducing new products including a value pack of the Beyond Burger, along with other popular plant-based options like Beyond Chicken Pieces and Beyond Steak Korean BBQ-Style, aiming to provide nutritious, plant-based alternatives to more consumers.
Beyond Meat's shares fell below $1 due to investor concerns over its plan to issue more shares to reduce debt, amid ongoing struggles with weak demand and declining sales, leading to a significant stock decline and potential delisting risk.
Beyond Meat's shares fell below $1 due to investor concerns over its plan to issue new shares to reduce debt, amid ongoing struggles with weak demand and declining sales, especially in the U.S., leading to fears of delisting from Nasdaq.
Beyond Meat's stock has fallen below $1 for the first time, a significant decline from its peak of over $230 in 2019, reflecting waning investor enthusiasm and market challenges for plant-based meat alternatives.
Plant-based meat products are vegan or vegetarian substitutes for real meat, made from plant-based ingredients like legumes, grains, vegetables, and seasonings to mimic the texture, appearance, mouthfeel, and flavor of the real thing. They are often free of dietary cholesterol and saturated fat, making them a popular choice for those looking to reduce their risk of heart disease and other health conditions. A registered dietitian recommends 10 plant-based options that closely mimic the taste and texture of real meat, including chicken, ground beef, burgers, chicken patties, chicken wings, steak, breakfast sausage, bratwurst, nuggets, and deli meat, providing a nutritious and delicious alternative for plant-based eaters.
A study suggests that plant-based meat products offer no clear benefit for heart health and may even lead to worse blood pressure compared to consuming real meat. The experiment involved vegan participants swapping meat for ultra-processed alternatives from various brands. Researchers urge the food industry to re-evaluate the development of meat alternatives to improve their nutritional attributes. The study highlights that the health benefits of traditional plant-based diets should not be conflated with plant-based meat diets. Interest in plant-based diets has increased, but recent research indicates a slowdown in demand for meat-free products.
A study suggests that switching to plant-based meat products may not offer clear health benefits, as participants who consumed fake sausages, burgers, and mince had worse blood pressure than meat-eaters. The study found that plant-based meat alternatives can be high in salt, saturated fat, and additives, and may not provide the same health advantages as a traditional plant-based diet consisting of whole foods. Researchers urge the food industry to re-evaluate the development of meat alternatives to improve their nutritional attributes. The study also revealed that interest in plant-based diets has increased, but sales of plant-based meat products have slowed down, with some companies struggling due to decreased demand.
A new study published in the American Journal of Clinical Nutrition suggests that consuming plant-based fake meat products like Beyond and Impossible burgers may increase the risk of heart disease and diabetes due to their high carbohydrate and low protein content. The study found that participants who ate a diet high in fake meats for eight weeks had higher blood sugars compared to those who consumed real meat, putting them at a higher risk for developing heart disease and diabetes. The rise in popularity of plant-based meat products has led to increased revenue for companies like Beyond Meat and Impossible Foods, but research indicates that these highly-processed products are high in saturated fats and salt, potentially contributing to health issues.
Beyond Meat's stock surged after the company's fourth-quarter earnings call, where it revealed plans to reduce expenses and achieve profitability by 2024 through pricing actions, new product launches, and expense discipline. The company's cost-cutting measures and potential balance sheet boost in 2024 have boosted investor confidence, despite some concerns about liquidity and debt obligations. The stock's rally is attributed to signs of positive developments, including better profit margins and revenue realignment within the product portfolio.
Beyond Meat's shares surged 60% in premarket trading after announcing plans to raise prices and implement cost cuts to improve margins, triggering a short squeeze on its highly shorted shares. The company, which has lost nearly 70% of its market value since its IPO, reported a 7.8% decline in fourth quarter net revenue but exceeded analyst expectations. Beyond Meat aims to significantly reduce operating costs and expects improved gross margins by 2024. The stock's price surge is expected to continue due to short sellers rushing to exit their bearish bets.
Beyond Meat's stock surged over 60% in after-hours trading after the company's quarterly results revealed a forecast of improved gross margins for 2024, despite reporting a net loss for the fiscal fourth quarter. The company's 2024 plan includes cost-saving initiatives and manufacturing optimization efforts to support margin expansion, with analysts noting the encouraging steps taken to right-size the business in the plant-based meat category. Despite the initial surge, the stock settled to around a 68% increase, following a challenging year where it had declined 58%.
Beyond Meat exceeded fourth-quarter revenue estimates due to strong demand for its plant-based meat products outside the United States, leading to an 80% surge in its shares. The company plans to implement significant cost-cutting measures in 2024 to address weak demand in the U.S., including reducing operating expenses and cash use. Despite a 7.8% decline in net revenue for the fourth quarter, Beyond Meat's international markets, particularly in Europe, have sustained demand for its products. The company's full-year net revenue forecast fell below market expectations, and it reported a larger-than-expected loss per share for the quarter.
Beyond Meat unveils its new "Beyond IV" plant-based beef products, featuring avocado oil as a key ingredient to address criticism of its nutritional benefits. The company claims the new products have reduced saturated fat and sodium counts, and secured a "heart-healthy recipe" label from the American Heart Association. Beyond Meat's CEO Ethan Brown aims to reset the company's image and financial performance amid challenges, including declining sales and stock value. Analysts are cautious about the company's future, but Brown remains optimistic about the potential impact of the new products on the plant-based meat industry.
Brice Klein and Saba Fazeli, both 29, are entrepreneurs aiming to revolutionize plant-based meat by adding real animal fat to improve taste and texture. Their startup, Choppy, seeks to address the flavor and texture limitations of plant-based proteins. They are part of a growing trend of startups, including Mission Barns and Hoxton Farms, exploring the addition of lab-grown fat to enhance plant-based meats. These entrepreneurs believe that improving taste is crucial for the long-term success of plant-based products, as evidenced by the recent stagnation in plant-based meat sales.
Startups in the plant-based meat industry are incorporating animal fats, collagen, and broth into their products to improve taste and texture, addressing the shortcomings of traditional plant-based alternatives. This shift comes after a decline in funding and consumer interest in purely plant-based meats, as well as challenges with taste, cost, and health perceptions. The addition of animal fats aims to enhance flavor and mouthfeel, potentially appealing to a broader consumer base and offering a more flexible approach to reducing meat consumption in the future.