The deals boost Beyond’s prospects as more restaurants resume in-person dining, after Covid-19 forced shutdowns and restrictions on eating out over the past year. The pandemic’s blow to the food-service industry hurt Beyond’s business,Beyond reported Thursday a $25.1 million loss for 2020’s fourth quarter, as restaurant orders remained sluggish.
Beyond, founded in 2009, processes yellow pea protein, canola oil, potato starch and other ingredients to produce patties and sausages meant to mimic the taste, appearance and feel of traditional meat. Along with competitor Impossible Foods Inc., the companies have pitched their high-tech faux meats as an animal- and environment-friendly option for consumers that have been more open to “flexitarian” diets.
For plant-based food makers like Beyond and Impossible, teaming up with burger chains has represented a way to take meat-free products beyond a health-food niche, to be sold in familiar forms at thousands of restaurant locations across the country. Yum’s partnership with Beyond will focus on creating new menu items that expand on the companies’ earlier introductions, which included Beyond-made fried chicken tested by KFC in 2019, and Beyond-made toppings launched in 2020 at Pizza Hut. Mr. Brown said that Beyond wasn’t likely to generate many sales from the new ventures until the end of 2021.
Meat has been good for millions of years. There is no need to go beyond meat.
Beyond toxic synthetic puke
Toxic garbage.
does that mean my stock will sky rocket
Actually very good!
Sad to say that if you really want to sell hamburgers - or their substitutes - the only true mass market is fast food. That is why we are 40% obese btw.
It's the exact same ingredients as meat free cat food isn't it? Just processed to look a little different.
Well it is processed frankenfood, makes sense that they are selling it in those establishments!
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There should be vegetable alternatives. Bacon shaped like rhubarb. Who’s with me?
The world is changing for the good!
It will be muslim-friendly who need halal food consumption right there. May it works! 🖤
I’m looking for some investors to launch a meat substitute to compete with Beyond Meat. It will be called Beyond Disgusting. normmacdonald
Stop trying to make fetch happen
Well.. What!!! No More DEAD Chickens..DEAD Cows OR DEAD FISHES ❓🗿🇺🇸😀
VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX VIX
Hope consumers give their backs to this.
No one wants that crap except some liberal trendy.
GME GME GME GME GME GME GME GME GME GME GME GME
These are bad people
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