Coalition of Franchisee Associations

September 19, 2022

BYND Exec Craves Real Meat

Beyond Meat COO arrested for biting man's  nose - CNBC


Anonymous said...

Easterbrook was fired for "biting" females too!

Anonymous said...

: Beyond Meat stock hits all-time low as company executive arrested in nose-biting incident

Anonymous said...

Guess he wanted meat

Anonymous said...

Sales of refrigerated meat alternatives at retailers are down 10.5% by volume for the 52-weeks ending September 4, 2022, according to data from Information Resources Inc., or IRI. While higher prices are the top reason for the slide, it’s not the only one, according to Jonna Parker, a fresh food specialist at the market research company.

“Proteins that were cheaper on a price-per-pound basis did fare better,” Parker said, noting that semi-vegetarian shoppers that may have opted for an alt-product will now just go for the less-expensive real thing. With inflation, consumers have become less willing to pay a premium for faux meat. Taste and health concerns are also playing a role, she said.

Deloitte believes the industry is suffering from a perception problem. In July, it surveyed 2,000 consumers and found a decline in the belief that plant-based meat is healthier and more environmentally sustainable than meat from animals. (While the environmental credentials of plant-based products compared to their meatier counterparts are well established, the health claims are not.)