Analysis: Beyond Meat Bit Off More Than it Can Chew
When Beyond Meat went public in May 2019, investors went a little crazy. On its first day of trading, the company’s stock rose 163%. That was the kind of move that hadn’t been seen since …
When Beyond Meat went public in May 2019, investors went a little crazy. On its first day of trading, the company’s stock rose 163%. That was the kind of move that hadn’t been seen since …
The global plant-based meat market is projected to grow at a CAGR of 13.3% through 2030, but recent struggles could complicate the market.
Beyond Meat reported third quarter earnings on Wednesday afternoon, and they were disastrous. Revenue declined 22.5% year-over-year … and that wasn’t even the worst news.
Tattooed Chef founder Sarah Galletti has noticed increasing demand for convenient, healthy, ready-made plant-based foods.
What the stock market is indicating in 2022 is that plant-based stocks aren’t likely to displace traditional offerings – only complement them.