Beyond Meat Inc. (BYND)
Summary
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Update Tuesday, 12:15 p.m.:
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Beyond Meat Inc. Profile
| Food Products Industry | Consumer Staples Sector | Ethan Brown CEO | NASDAQ (NGS) Exchange | 08862E109 CUSIP |
| US Country | 754 Employees | - Last Dividend | - Last Split | 2 May 2019 IPO Date |
Overview
Beyond Meat, Inc. is a pioneering company in the plant-based meat industry, focusing on developing, manufacturing, marketing, and distributing a wide variety of plant-based meat products both domestically and internationally. Founded originally as Savage River, Inc., the company underwent a rebranding to Beyond Meat, Inc. in September 2018, marking a significant step in its mission to offer sustainable and health-conscious alternatives to conventional meat. Established in 2008 and based in El Segundo, California, Beyond Meat has quickly grown to become a key player in the plant-based food sector, catering to a growing demand for plant-based meat options across various consumer segments.
Products and Services
Beyond Meat, Inc. offers an extensive array of plant-based meat products, designed to replicate the taste, texture, and culinary experience of traditional meats while utilizing plant-based ingredients. The company’s product lineup is categorized across the following platforms:
- Beef: The plant-based beef products are designed to offer the rich taste and texture of traditional beef but are made from plants. These products are versatile and can be used in a variety of dishes that traditionally use ground beef, such as burgers, meatballs, and tacos.
- Pork: Beyond Meat’s plant-based pork products aim to replicate the flavor and culinary attributes of pork using plant-based ingredients. These alternatives are suitable for use in recipes that require ground pork, sausages, and more, offering a pork-like experience without the use of animal products.
- Poultry: The company’s plant-based poultry offerings are crafted to mimic the taste and texture of chicken, providing a sustainable and animal-free alternative for chicken-based dishes. These products are designed for versatility in cooking, suitable for grilling, frying, and baking.
Beyond Meat distributes its products through a wide range of channels to ensure accessibility for various consumer bases. These include grocery stores, mass merchandisers, club stores, and natural retailers, providing easy access for those shopping for home cooking. Additionally, Beyond Meat caters to the food-away-from-home sector through partnerships with restaurants, foodservice outlets, and educational institutions, making plant-based meat options more widely available to a broader audience.
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