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Banza Teams Up With Beyond Meat® and Follow Your Heart® to Launch Two New Pizzas
Banza, the rapidly growing maker of chickpea-based comfort foods, today announced that two new varieties of its chickpea pizza are hitting shelves nationwide starting this month. Joining Banza's line of high-fiber, high-protein chickpea pizzas are Supreme, a spin on a traditional sausage pizza featuring Beyond Sausage® Italian Crumbles, and Plant-Based Cheese, a vegan pie made with Follow Your Heart® dairy-free cheese.
The new pizzas offer the same nutritional benefits as Banza's original pizza varieties — more protein...
Pizza Hut Expands Partnership with Beyond Meat for New Plant-Based Beyond Pepperoni Pizza Topping
Pizza Hut and Beyond Meat have reunited. The two innovation leaders are entering another milestone in their partnership with the debut of Beyond Pepperoni, a plant-based version of Pizza Hut's #1 selling pizza topping, and a first for both brands. Beginning today, the Beyond Pepperoni Pizza will be available as a test in nearly 70 locations across five U.S. markets for a limited time, only at Pizza Hut.
Beyond Pepperoni was co-developed by Beyond Meat and Pizza Hut's culinary teams and is made from simple, plant-based ingredients like peas and rice, with no GMOs, soy, gluten, hormones, antibiotics or cholesterol. As part of its ongoing partnership with Beyond Meat...
Beyond Meat Reports Second Quarter 2021 Financial Results
Beyond Meat, a leader in plant-based meat, reported financial results for its second quarter ended July 3, 2021.
Second Quarter 2021 Financial Highlights
- Net revenues were $149.4 million, an increase of 31.8% year-over-year.
- Gross profit was $47.4 million, or gross margin of 31.7% of net revenues.
- Net loss was $19.7 million or $0.31 per common share. Net loss as a percentage of net revenues was...
Beyond Meat Expands Partnership with A&W Canada to Launch Plant-Based Chicken Nuggets
Beyond Meat announced another milestone in its partnership with A&W Canada with the introduction of Beyond Meat Nuggets. The launch taps into the growing consumer demand for chicken from quick-service restaurants as well as an increased demand for plant-based proteins.
Beyond Meat Nuggets offer the same experience as traditional chicken nuggets while offering 18 grams of plant-based protein per six pieces. Like all Beyond Meat products, Beyond Meat Nuggets are made from...
Beyond Meat Launches Beyond Chicken Tenders at Restaurants Nationwide
Beyond Meat, a leader in plant-based meat, launched its new, awarding-winning Beyond Chicken® Tenders. Crafted to look, cook and taste like traditional chicken tenders, the plant-based Beyond Chicken Tenders are breaded for a crispy outside and tender bite. Starting today, consumers can find the latest product from Beyond Meat at select restaurants across the country.
Consumer demand for chicken is continuing to skyrocket. As restaurants are rebounding while struggling to meet soaring consumer demand, Beyond Meat is offering a plant-based option for...
DoorDash and Beyond Meat Introduce Limited Edition Summer Grilling Kits for On-Demand Delivery
DoorDash announced a partnership with Beyond Meat, a leader in plant-based meat, to offer limited-edition, July 4th grilling kits to help customers host the ultimate BBQ featuring the new Beyond Burger®. The kits are available exclusively on DoorDash for on-demand delivery from DashMart, a new type of convenience store owned, operated, and curated by DoorDash.
As many people prepare for a summer of grilling and gathering, the kit also provides a seamless way for consumers to get their grilling essentials without taking a last-minute trip to the grocery store. According to a national consumer survey that polled 1,000 U.S. adults...
Beyond Meat Announces New Executive Leadership Appointments
Beyond Meat announced the appointments of Phil Hardin as Chief Financial Officer, Deanna Jurgens as Chief Growth Officer and Margaret “Jackie” Trask as Chief People Officer. These seasoned veterans bring extensive experience to the Beyond Meat executive leadership team to support the company's continued growth and innovation-focused culture.
“We are excited to welcome Phil, Deanna and Jackie to the Beyond Meat executive leadership team,” said Ethan Brown, President and Chief Executive Officer, Beyond Meat. “In each case, we conducted extensive searches to identify best-in-class talent and I could not be more pleased with the outcome. Whether Deanna's highly successful customer-focused leadership at PepsiCo, Jackie's impressive track record of building teams and...
Beyond Meat Introduces First-ever Value 6-Pack of Beyond Burger Across Canada
Beyond Meat announced the launch of the first-ever value 6-pack of its iconic Beyond Burger® in Canada. Major grocery stores across Canada now carry the 6-pack of plant-based burger patties, which are frozen and perfect for summer cookouts, backyard BBQs and last-minute grill nights.
The new 6-pack offers taste along with added convenience and value for shoppers since they are sold in the frozen meat aisle with a suggested retail price of...
Pizza Hut Canada Partners with Beyond Meat to Launch Beyond Italian Sausage
Beyond Meat and Pizza Hut announced an expansion of their global partnership to bring new plant-based protein menu items to Canada. Beginning today, fans in the west end of the GTA (Mississauga, Etobicoke, Milton and Oakville) and Edmonton can order three new offerings featuring Beyond Italian Sausage™ Crumble. The new Beyond Meat topping is exclusive to Pizza Hut and available on pizzahut.ca or through the Pizza Hut app for contactless delivery or pick-up.
The delicious new menu items include...
Beyond Meat Expands Presence at Walmart with Beyond Meatballs and Summer Grilling Pop-ups
Beyond Meat, a leader in plant-based meat, announced its second expansion of product offerings this year at Walmart. This June, Beyond Meatballs™ will be available for the first time at 2,100 Walmart stores in which Beyond Meat products are already sold across the country. This rollout is the second major Beyond Meat expansion at Walmart in 2021, following the launch of Beyond Sausage® Hot Italian and Cookout Classic™ in stores earlier this year.
As demand for plant-based meat options continues to grow, Beyond Meat has increased retail momentum across the U.S., Europe, Australia and other global markets in an effort to increase worldwide accessibility to delicious plant-based meat products made without GMOs. As the key summer grilling season kicks off, consumers have continued to...
Beyond Meat Reports First Quarter 2021 Financial Results
Beyond Meat, a leader in plant-based meat, reported financial results for its first quarter ended April 3, 2021.
First Quarter 2021 Financial Highlights
The Brand New Beyond Burger Launches at Grocery Stores Nationwide
Beyond Meat announced that the highly-anticipated new version of its iconic Beyond Burger® will arrive in grocery stores nationwide beginning the week of May 3rd. The latest and greatest Beyond Burger, which offers impressive advancements in taste and nutrition, will be sold in a 2-pack, the brand’s first-ever value 4-pack (MSRP: $9.99) and a 1lb. Beyond Beef® pack.
“We are continuously working on understanding beef flavor at a deeper level to ensure our plant-based beef platform delivers a delicious and satisfying sensory experience. The new Beyond Burger’s rich flavor profile resembles that of ground beef, and extensive testing with our consumers validated this new flavor direction with...
Carl's Jr. and Beyond Meat Partner for Plant-based Meat Menu Takeover on Earth Day
Carl’s Jr. is inspiring fans to Go Beyond this Earth Day by hosting a one-of-a-kind, one day plant-based meat menu takeover at a local restaurant in Los Angeles. The store will Go Beyond for customers to stop by and try a complimentary eco-friendly Beyond Meat® item. Fans of Carl’s Jr. and Beyond Meat who are not able to join the celebration in Los Angeles can enjoy any Beyond Burger for five dollars via an email offer at participating Carl’s Jr. locations throughout the U.S.
“We are excited to give our fans a fun, delicious way to celebrate Earth Day this year with a full plant-based meat experience at Carl’s Jr.,” said Patty Trevino, senior vice president of brand marketing at CKE Restaurants. “With nearly one-third of consumers identifying as flexitarian, we continue to...
Beyond Meat Announces Major Retail Expansions Throughout Europe
Beyond Meat announced significant product distribution expansion within thousands of European retail locations this spring. As Beyond Meat has grown its retail presence in the region, the European plant-based foods market has seen aggressive growth with sales increasing by 49% over the last two years. Beyond Meat’s commitment to making products utilizing simple, plant-based ingredients without GMOs has enabled the brand to rapidly expand product distribution throughout the continent.
Beyond Meat products are available at approximately 122,000 retail and foodservice outlets in over 80 countries worldwide. The new product distribution in Europe includes...
Beyond Meat Expands U.S. Retail Distribution within Multiple National and Regional Grocery Chains
Beyond Meat announced several major product expansions within its existing footprint at retailers nationwide. As demand for plant-based meat continues to rise, this increased distribution strengthens the company’s expansive retail presence at approximately 28,000 retail outlets across the U.S. in which consumers have made their preference for Beyond Meat clear: Beyond Meat was the #1 selling plant-based meat brand in the refrigerated category at grocery stores and across foodservice.
The expanded retail product availability includes...
Beyond Meat Opens Manufacturing Facility in China
Beyond Meat announced the grand opening of its new state-of-the-art manufacturing facility in the Jiaxing Economic & Technological Development Zone (JXEDZ) near Shanghai. As Beyond Meat’s first end-to-end manufacturing facility outside the U.S., the cutting-edge plant in Jiaxing is expected to significantly increase the speed and scale in which the company can produce and distribute its products within the region while also improving Beyond Meat’s cost structure and sustainability of operations.
Designed to serve China’s growing plant-based meat market, the facility will produce Beyond Meat’s innovative range of plant-based pork, beef and poultry products, including Beyond Pork™, the company’s first innovation created specifically for the Chinese market. By producing closer to the consumer and...
Beyond Meat Expands Product Distribution
Beyond Meat announced its latest expansion of product offerings at Walmart. Starting this week, within the approximately 2,400 Walmart locations nationwide in which Beyond Meat products are currently sold, Walmart will be adding Beyond Sausage Hot Italian® to the fresh meat aisle at more than 400 stores as well as expanding the frozen Cookout Classic value-pack to approximately 500 stores.
This increased distribution at Walmart is Beyond Meat’s second in the past year and is part of Beyond Meat’s effort to increase worldwide accessibility to simple, plant-based meat products made without GMOs or bioengineered ingredients. As demand for plant-based meat continues to rise, this increased distribution complements the company’s expansive retail presence at approximately...
Beyond Meat Reports Fourth Quarter and Full Year 2020 Financial Results
Beyond Meat, Inc., a leader in plant-based meat, reported financial results for its fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Financial Highlights
Beyond Meat Announces Global Strategic Agreements with McDonald's and Yum! Brands
Following the release of its financial results for the fourth quarter and full year 2020, Beyond Meat announced a global strategic partnership with McDonald's and Yum! Brands to offer signature plant-based menu items.
As part of the three-year global agreement with McDonald's, Beyond Meat will be the preferred supplier for the patty in the McPlant, a new plant-based burger being tested in select McDonald's markets globally. Additionally, Beyond Meat and McDonald's will explore developing other plant-based menu items together, including options for chicken, pork, and eggs, as part of McDonald's broader McPlant platform.
The announcement further solidifies the relationship between McDonald's and Beyond Meat, which began in 2019 with the test of...
Shifting Trends See Global Food Giants Ramp Up Their Plant-based Offerings
The past few years have seen plant-based meat and dairy alternatives go from a niche product to a mainstream trend, and finally to a mainstay in the food industry. Now that the average consumer has had the opportunity to try plant-based alternatives, the market has spoken and plant-based foods are taking a much larger role in the food industry in 2021.
Plant-based offerings are being added to the lineups of the world's largest food producers, multinational restaurants and cafes, and to important segments like the infant nutrition space. It's clear that the largest players in the food industry like Tyson Foods, PepsiCo, Starbucks Corporation, and Yum! Brands, along with innovative plant-based foods companies like...
PepsiCo and Beyond Meat Establish Partnership to Introduce New Plant-Based Offerings
PepsiCo, Inc. and Beyond Meat, Inc. announced they will form The PLANeT Partnership, LLC (TPP), a joint venture to develop, produce and market innovative snack and beverage products made from plant-based protein. The joint venture will leverage Beyond Meat’s leading technology in plant-based protein development and PepsiCo’s world-class marketing and commercial capabilities to create and scale new snack and beverage options. Financial terms of the partnership were not disclosed. Joint venture operations will be managed through the newly created entity The PLANeT Partnership, LLC (TPP).
“Plant-based proteins represent an exciting growth opportunity for us, a new frontier in our efforts to build a more sustainable food system and be a positive force for people and the planet, while meeting...
Beyond Meat Unveils Plans for New Global Headquarters
Beyond Meat, Inc. announced its plans to enter a 12-year lease in a new, nearly 300,000 square foot space at 888 N. Douglas Street in El Segundo, California. The building is currently under development by Hackman Capital Partners with anticipated completion in spring 2021. The site will serve as the company’s new state-of-the-art global headquarters, making it one of the world’s largest and most technologically advanced plant-based research centers. The cutting-edge campus is slated to open in fall of this year and is a substantial increase in the company’s footprint that will support...
Taco Bell Announces Return of Potatoes and Plans to Launch Beyond Meat Menu Items
Taco Bell is starting fresh in 2021, especially with its vegetarian fans. The brand is kicking the year off with the return of potatoes and exploring a new plant-based protein with Beyond Meat.
After a brief hiatus from menus due to Taco Bell's menu simplification efforts last year, Cheesy Fiesta Potatoes and the Spicy Potato Soft Taco will be back starting March 11. Taco Bell is also teaming up with Beyond Meat to create an innovative new plant-based protein that will be tested in the next year. Taco Bell chose to team up with...
FiveStar Gourmet Foods Debuts New Salad Featuring Beyond Meat
FiveStar Gourmet Foods is partnering with Beyond Meat to bring more salad protein choices to consumers. FiveStar is introducing a new Simply Fresh Taco Salad made with Beyond Meat, featuring plant-based beef crumbles from Beyond Meat.The new 7.5-oz complete salad recently debuted in Publix supermarkets. Available to retailers nationwide starting in January, the salad is just one of the many new product possibilities for the culinary giant.
"We are thrilled to be working with Beyond Meat, a company we appreciate and respect. This partnership allows us to be more versatile with our main product lines and enables...
Beyond Meat Unveils Next Iterations of Beyond Burger Coming in Early 2021
Beyond Meat announced the next step forward in cutting-edge innovation with the unveiling of two new versions of the Beyond Burger which are expected to launch nationwide in early 2021. The new iterations are designed to meet consumers’ growing demand for plant-based proteins that deliver on both taste and nutrition, while featuring an enhanced meaty flavor and the craveable taste consumers love.
Similar to the range of nutritional options of beef currently available in the marketplace, the two versions are designed to offer more choice for consumers. The new Beyond Burgers will include...
Beyond Meat Reports Third Quarter 2020 Results
Beyond Meat, Inc., a leader in plant-based meat, reported financial results for its third quarter ended September 26, 2020.
Third Quarter 2020 Financial Highlights
Pizza Hut Announces Partnership with Beyond Meat
Pizza Hut has announced a partnership with Beyond Meat, to bring a plant-based meat pizza to the masses with the nationwide launch of new Beyond Pan Pizzas, the Beyond Italian Sausage Pizza and the Great Beyond Pizza.
This first-in the-category national launch makes plant-based meat pizzas more widely available everywhere, giving consumers more choices and even more reasons to love Pizza Hut.
The new Beyond Pan Pizzas include...
Beyond Meat Introduces New Breakfast Sausage Links at Grocery Stores Nationwide
Beyond Meat announced the addition of Beyond Breakfast Sausage Links to its line of innovative plant-based meat offerings.
The brand’s fourth new retail product of 2020 following the launch of Beyond Breakfast Sausage Patties, Cookout Classic and most recently, Beyond Meatballs, Beyond Breakfast Sausage Links will roll into grocery stores nationwide, including at select Kroger, Albertsons, Sprouts, Harris Teeter, Wegmans, Whole Foods Market and more throughout October. Sold in the meat case with...
Veggies Made Great Partners with Beyond Meat and Debuts New Frittatas
Veggies Made Great is partnering with Beyond Meat to create a new Veggies Made Great Frittata Line made with Beyond Meat, which will be available at select retailers in the coming weeks, and available online at the Veggies Made Great website and Amazon.
The Frittatas come in two flavors:
TGI Fridays Reinvents Menu With Beyond Meat
TGI Fridays is partnering with Beyond Meat to build on its offerings and introduce new menu items featuring Beyond Beef. Known for its drinks, ribs and iconic potato skins, TGI Fridays is also leading the way for plant-based meat options, using Beyond Beef to create a proprietary chili recipe exclusive to its restaurant.
Fridays was one of the first casual dining restaurants to offer the Beyond Burger and is once again expanding the menu to introduce new dishes. Developed by TGI Fridays corporate chef, Beyond Chili is a warm, flavor-packed chili featuring Beyond Meat's plant-based ground meat, Beyond Beef. The plant-based meat options at Fridays don't end there — in addition to Beyond Chili, guests can now order...
French Plant-Based Protein Maker Roquette Sees Short-Term COVID-19 Impact
The plant-based protein market has seen a slowdown in new product launches and lower sales in restaurants and cafeterias due to COVID-19 but benefited from more people cooking at home and trying new products, French manufacturer Roquette said.
The market for plant-based protein such as meat-free burgers has surged in the past few years, attracting major investment from global agrifood groups, including Archer Daniels Midland, Cargill, and Nestle, hoping to capitalize on a trend towards healthy eating generally, including less red meat.
But lockdowns around the world to prevent the spread of COVID-19 have shaken the market, Jean-Philippe Azoulay, Head of Pea and New Proteins Business at French ingredient maker...
A Snapshot of Plant-Based Protein Growth Amid the Pandemic
Alternative protein markets, and those specifically utilized in the production of plant-based meat analogues, continue to boon as a result of COVID-19 economic implications. Primarily used to produce beef-like substitutes, products from companies like...
Beyond Meat to Expand Walmart Distribution
Beyond Meat, Inc. announced a major expansion in its long-standing relationship with Walmart. Following this summer’s successful launch of the Cookout Classic value pack, Beyond Meat’s most affordable product offering to date, this fall, Walmart plans to triple availability of the Beyond Burger from approximately 800 locations to more than 2,400 stores nationwide beginning next week. The move comes as part of Beyond Meat’s effort to increase worldwide accessibility to simple, plant-based meat products made without GMOs.
Beyond Meat first launched its frozen products at Walmart in 2015. Since then, Walmart has expanded its Beyond Meat in-store offerings to include the Beyond Burger and Beyond Sausage in the fresh meat aisle and most recently...
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