Visitors attempt plant-based meat substitutes at restaurants and bars and gourmet Asia Expo on November 11, 2020 at the Hong Kong Convention and Exhibition Center in Hong Kong. Peter Parks | AFP | Getty Images SINGAPORE – Demand for meat alternatives has increased and will continue to grow, but there …
Read More »Beyond Meat (BYND) Q32020 has missed revenue
Meat on Monday said it turned to losses in the third quarter after a coronavirus epidemic weakened demand for its meat alternatives in restaurants. CEO Ethan Brown said some of the blame for its low result lies in customer stopping. Panic-buying at the start of the crisis had boosted Beyond’s …
Read More »Beyond Meat, Incogmeato, Impossible Foods up ante in plant-based meat market
Consumers hungry for more plant-based meat options will get enough Thursday. Beyond Meat Inc. BYND, + 5.28% launched an e-commerce site, shop.beyondmeat.com, which offers its products directly to consumers, while Incogmeato of MorningStar Farms offers the largest new product line launch in the market’s 40-year history. The Consumer Direct site …
Read More »Impossible Foods brings a meatless burger to Walmart
Impossible Foods CEO Patrick Brown said launching the Impossible Burger at Walmart is a “very significant step” for the company, as the discount retailer is the largest meat seller in the United States. “Walmart is the world’s largest food retailer,” Brown said Thursday in “Closing Bell.” “It has a great …
Read More »Beyond Meat Enters Grocery Stores in Mainland China Through Alibaba Association
Beyond Meat’s “Beyond Burger” burgers made with plant-based substitutes for meat products are on a shelf for sale on November 15, 2019 in New York City. Angela Weiss | AFP | fake pictures Beyond Meat announced on Tuesday that Alibaba’s Freshippo grocery stores would start selling their meatless burgers, marking …
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