Beyond Meat (NASDAQ: BYND) Announces Major Retail Expansions Throughout Europe




Positive Phil Show show

Summary: Beyond Meat, Inc. (NASDAQ: BYND) a leader in plant-based meat, today 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 years1. 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. “These new and expanded retail partnerships throughout the continent serve as strong proof points that Europe’s appetite for plant-based meat and Beyond Meat products in particular is on the rise,” said Chuck Muth, Chief Growth Officer, Beyond Meat. “In fact, because of our strict ingredient guardrails, we’ve been able to more easily enter global markets including the EU to make plant-based meat options that are better for people and the planet more accessible to all.” In June 2020, Beyond Meat announced the opening of its first co-manufacturing facilities in Europe. The move comes as part of Beyond Meat’s effort to meet consumers’ growing demand for delicious, nutritious and sustainable, plant-based meat made without GMOs or bioengineered ingredients. In a study conducted at Stanford University and published in The American Journal of Clinical Nutrition, researchers evaluated the impact of replacing animal-based meat with Beyond Meat’s plant-based meats over an 8-week period on cholesterol levels (including LDL), heart disease risk factors including TMAO levels, and body weight, and found improvement in key health metrics when participants replaced animal-based meat with Beyond Meat’s plant-based meat. The results of the Stanford University study complement the results of the University of Michigan’s 2018 LCA which showed that the original Beyond Burger, compared to producing a ¼ lb. standard 80/20 beef burger, has 99% less impact on water scarcity, 93% less impact on land use, requires 46% less energy and generates 90% less greenhouse gas emissions. About Beyond Meat Beyond Meat, Inc. (NASDAQ: BYND) is one of the fastest growing food companies in the United States, offering a portfolio of revolutionary plant-based meats made from simple ingredients without GMOs, bioengineered ingredients, hormones, antibiotics, or cholesterol. Visit www.BeyondMeat.com Read the full press release: https://greenstocknews.com/news/nasdaq/bynd/beyond-meat-announces-major-retail-expansions-throughout-europe Green Stock News is a 21st-century broadcast media company that enhances corporate access for public companies through the distribution of news, interviews, and original content across the web and through social media. Subscribe to our channel for Daily Green Stock News … Green Stock News for the New Green Economy. https://www.greenstocknews.com Get Social https://twitter.com/greenstocknews https://www.facebook.com/greenstocknews https://www.linkedin.com/company/green-stock-news https://www.youtube.com/c/greenstocknews Listen On Your Favorite Podcast Channel iHeart Media : https://www.iheart.com/podcast/966-green-stock-news-75213192/ Spotify: https://open.spotify.com/show/1NFiEAJ4xp0tfglCCLEgxW iTunes: https://podcasts.apple.com/podcast/id1544512622?mt=2&app=podcast&ls=1 Google Podcast: https://podcasts.google.com/feed/aHR0cHM6Ly93d3cuc3ByZWFrZXIuY29tL3Nob3cvNDcwOTkyMi9lcGlzb2Rlcy9mZWVk