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Beyond Meat's Plant-Based Woes

This is a US news story, published by Wired, that relates primarily to Beyond Meat news.

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Meat CEO Ethan Brown

Wired

Wired

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Beyond Meat Is Stalling in the US. Europe Could Be Another Story

Wired

Summary

Nutrition label

81% Informative

Beyond Meat announced mixed results for the second quarter of 2024 .

Revenue was down 8.8 percent , and sales volumes declined by 14 percent .

In 2023 , Beyond ’s revenue declined by 18 percent , to $343.4 million .

In the US , sales declined by 32.3 percent .

In the UK , Beyond Meat is one of the most expensive plant-based alternatives on shelves (listed at 4 , or $ 5 , for two patties) Europe is one part of the world where things might be shifting in favor of plants-based companies.

In 2023 , people in Germany ate a record low average of 51.6 kilograms of meat per person.

VR Score

79

Informative language

77

Neutral language

35

Article tone

informal

Language

English

Language complexity

47

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not offensive

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not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

24

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