Beyond Meat is benefiting from the real meat shortage

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But the closure of retail partners like Starbucks and Dunkin’ Donuts presets challenges ahead. As meat shortages continue around the country due to COVID-19 lockdowns shutting down production, at least one company is benefiting: Beyond Meat. The plant-based meat startup’s stock has surged 162% since mid-March, reports CNBC , due partly to meat-production plant shutdowns. Read Full Story

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This company is introducing plant-based protein to a meat-loving nation

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After the U.S., Brazil is the number-two country for meat consumption, but many people are increasingly concerned about health and sustainability. Fazenda Futuro—a winner of Fast Company’s 2020 World Changing Ideas Awards—is addressing that demand. When it comes to plant-based meats, Fazenda Futuro may not be a household name in the U.S. like Impossible or Beyond Meats, but in its native Brazil, it now holds a large chunk of the plant-based market share, producing 130 to 150 tons of that imitation meat every month. “For us, it’s like our obligation, because Brazil has the second-largest meat consumption in the world,” says Marcos Leta, the founder of Fazenda Futuro, which translates to “Future Farm,” and which is the winner of the Latin America regional category in Fast Company’s 2020 World Changing Ideas Awards. Read Full Story

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When will we reach peak meat?

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The year that animal protein consumption begins to decline might be sooner than you think. A decade ago, companies such as Beyond Meat and Impossible Foods hadn’t yet started selling their ultrarealistic plant-based burgers to omnivores. But within the next decade, meat alternatives are likely to capture so much of the market that North America will reach “peak meat,” and the consumption of animal protein will start to decline. Read Full Story

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Plant-based burgers aren’t a health food. That’s a good thing

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The point is to get people to stop eating meat, not fix their diets. It’s been a few years since the Impossible Foods and Beyond Meat burgers began showing up in grocery stores and restaurants. Despite their popularity, critics note that high-tech meat alternatives don’t exactly deserve a health halo . Perhaps in response, Impossible Foods r eleased its 2.0 version in 2019 , with 36% less sodium and 43% less saturated fat. Late last year, Beyond Meat announced its plans to debut a newer, leaner patty with less saturated fat as well. Read Full Story

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Taco Bell was always good for vegetarians—now it’s adding plant-based meat

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Taco Bell’s bean burritos have appealed to vegetarians and vegans for decades, but the chain now is seeing the value in adding plant-based meat to its menu. Long before the Impossible Whopper at Burger King and Beyond Meat chicken at KFC , Taco Bell filled a fast-food gap for vegetarians and vegans with its easy ability to swap beans for beef and its “fresco” style modification, which subs pico de gallo for dairy toppings such as sour cream and cheese. The company even once said it wouldn’t pursue adding plant-based options from Impossible or Beyond, despite growing interest from other fast-food eateries in those menu additions, instead focusing on its own vegetarian offerings that have been available for decades. Read Full Story

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