The chicken wars are still raging — and Beyond Meat (BYND) is leaping into the fray with its own plant-based spin on the white hot food trend. On Monday, the plant-based meat company announced that, after a successful foodservice launch earlier this summer, Beyond Chicken Tenders will be available to purchase at select retailers nationwide, beginning next month. The new offering, which comes pre-cooked and ready-to-heat in an air fryer, oven or microwave, will retail for $4.99 and joins… Source link
Read More »Banza, Beyond Meat team up as plant-based meat makes its way to pizza
Banza is the latest company to partner with Beyond Meat (BYND) to unveil a new menu offering, as alternative meat makes inroads in fast and comfort foods. On Tuesday, the food company known for chickpea-inspired creations like pasta, pizza, rice and mac & cheese, announced the release of a new, frozen vegetarian pizza option — but this one using plant-based Beyond Sausage Italian Crumbles. The new pizza is dubbed Banza Supreme. The latest entry to the frozen food section is made with… Source link
Read More »Plant-based meat creeps its way into McDonald, fast food — becoming a $14B opportunity
The competition among purveyors of plant-based protein is heating up the fast food industry with a frenzy that resembles the increasingly hot chicken sandwich wars. On Thursday, McDonald’s (MCD) announced its plan to test its first ever plant-based burger, the McPlant, it created with Beyond Meat (BYND) in a strategic three-year partnership. For now, however, the Sept. 29 launch is limited to 10 restaurants in the United Kingdom and Ireland. On October 13th, it will expand to 250 locations… Source link
Read More »Beyond Meat just made plant-based pepperoni for Pizza Hut
And who said fast-food innovation has peaked. Beyond Meat (BYND) and Yum! Brands (YUM) said Tuesday they will debut a new pizza featuring plant-based pepperoni from Beyond Meat. The pizza will be available initially at 70 Pizza Hut locations, including Albany, N.Y.; Columbus and Macon Georgia; Houston, Texas; and Jacksonville, Fla. The pepperoni pizza is the first creation under a new global partnership signed by Yum! Brands and Beyond Meat in February. Under the deal, the two companies… Source link
Read More »Beyond Meat looks to revolutionize chicken nuggets
If Beyond Meat could get people quickly ordering its newest innovation, perhaps the chicken shortage plaguing restaurants may ease by the year 2023. On Thursday, the plant-based food company led Ethan Brown took the wraps off its new breaded chicken tenders. The tendies — as one would surmise from Beyond Meat — are plant-based, with the starring ingredient giving it a chicken flavor being the fava bean. Beyond Meat (BYND) is no stranger to the faux chicken game. At one-time it sold… Source link
Read More »Meat Is Latest Cyber Victim as Hackers Hit Top Supplier JBS
(Bloomberg) — The world’s biggest meat supplier has become the latest casualty of a cybersecurity attack, posing a fresh threat to global food security already rattled by the Covid-19 pandemic. JBS SA shut its North American and Australian computer networks after an organized assault on Sunday on some of its servers, the company said by email. Without commenting on operations at its plants, JBS said the incident may delay certain transactions with customers and suppliers. The attack… Source link
Read More »Beyond Meat just revealed its juiciest burger ever — here’s how they made the magic happen
Bloomberg Bond Investors Take Ever-Riskier Bets in Hunt for Returns (Bloomberg) — Bond investors, emboldened by a recovering economy and a global vaccine rollout, are taking on more risk, sometimes a lot more risk.Insurers, pension systems and high-grade credit managers in the U.S. and Europe are buying bigger amounts of junk-rated debt to offset shrinking yields, forcing high-yield investors to jostle for allocations of BB rated bonds — the safest and largest part of their class with 60% of… Source link
Read More »McDonald’s unveils its own meatless burger McPlant, a year after Beyond Meat test
Big Mac or McPlant, that will soon be the two options consumers in line at McDonald’s (MCD) will have for their latest high-calorie fast-food dinner. The Golden Arches said Monday it has developed a plant-based patty it will dub the McPlant. A McDonald’s spokesperson tells Yahoo Finance the McPlant will be put into test in 2021 on a market-by-market basis. “As we have worked to better understand customer demand, some markets around the world have tested plant-based products. Informed by… Source link
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