Beyond Meat, Inc.
American publicly traded food technology company producing plant-based meat substitutes and alternative protein products, founded in 2009.
Company Type
public
Founded
2009
Headquarters
El Segundo, California, USA
Stock
NASDAQ: BYND
About Beyond Meat, Inc.
Who owns Beyond Meat?
Beyond Meat is publicly traded on NASDAQ under ticker BYND. The company has a broad institutional and retail shareholder base. Founder Ethan Brown serves as CEO.
Beyond Meat is publicly traded on NASDAQ under ticker BYND. The company has a broad institutional and retail shareholder base. Founder Ethan Brown serves as CEO.
Who founded Beyond Meat?
Beyond Meat was founded in 2009 by Ethan Brown in Los Angeles, California. Brown was motivated by a desire to address the environmental impact of conventional meat production.
Beyond Meat was founded in 2009 by Ethan Brown in Los Angeles, California. Brown was motivated by a desire to address the environmental impact of conventional meat production.
Is Beyond Meat publicly traded?
Yes, Beyond Meat is publicly traded on NASDAQ under ticker BYND. The company went public in May 2019 in one of the most successful IPOs of that year.
Yes, Beyond Meat is publicly traded on NASDAQ under ticker BYND. The company went public in May 2019 in one of the most successful IPOs of that year.
Is Beyond Meat profitable?
No, Beyond Meat has not achieved profitability since its 2019 IPO. The company has been implementing cost-cutting measures and restructuring to improve its financial position.
No, Beyond Meat has not achieved profitability since its 2019 IPO. The company has been implementing cost-cutting measures and restructuring to improve its financial position.
What is Beyond Meat's main product?
Beyond Meat's flagship product is the Beyond Burger, a plant-based beef patty designed to look, cook, and taste like a conventional beef burger. The company also produces Beyond Beef (ground), Beyond Sausage, and Beyond Chicken products.
Beyond Meat's flagship product is the Beyond Burger, a plant-based beef patty designed to look, cook, and taste like a conventional beef burger. The company also produces Beyond Beef (ground), Beyond Sausage, and Beyond Chicken products.
History of Beyond Meat, Inc.
Beyond Meat was founded in 2009 by Ethan Brown in Los Angeles, California. Brown, who had previously worked in the fuel cell industry, was motivated by a desire to address the environmental impact of conventional meat production. He partnered with researchers at the University of Missouri who had developed technology for creating plant-based proteins with meat-like textures.
Beyond Meat's early products included chicken strips made from soy protein, which were sold at Whole Foods Market starting in 2012. The company attracted early investment from notable backers including Bill Gates, Twitter co-founders Biz Stone and Evan Williams, and Kleiner Perkins.
The company's breakthrough product was the Beyond Burger, launched in 2016. The Beyond Burger was designed to look, cook, and taste like a beef burger, with a distinctive pink color from beet juice and a texture that mimicked ground beef. The product generated significant media attention and consumer interest.
Beyond Meat went public on NASDAQ in May 2019 in one of the most successful IPOs of the year. The stock opened at $46 per share (above the $25 IPO price) and surged to over $200 per share within months, giving the company a market capitalization of over $14 billion at its peak.
Beyond Meat formed high-profile partnerships with major restaurant chains including McDonald's (McPlant burger), KFC (Beyond Fried Chicken), Pizza Hut, and Taco Bell. However, most of these partnerships did not result in permanent menu additions, as consumer demand for plant-based options at fast food chains proved lower than anticipated.
The plant-based meat category experienced a significant slowdown beginning in 2021-2022. Consumer interest moderated, and Beyond Meat's revenue declined from approximately $465 million in 2021 to approximately $326 million in 2024. The company has implemented multiple rounds of layoffs and cost-cutting measures.
Beyond Meat has faced competition from Impossible Foods (privately held), traditional meat companies that have launched plant-based lines, and private label plant-based products from retailers.
Brands Owned by Beyond Meat, Inc.
Beyond Meat, Inc. owns 1 brand in our database.
Stock Information
Beyond Meat, Inc. Ownership: Pros & Cons
Advantages
- +Pioneer and strong brand in the plant-based meat category
- +Products available in more than 100 countries through retail and foodservice channels
- +Founder Ethan Brown's continued leadership provides mission-driven direction
- +Proprietary food technology for creating meat-like textures from plant proteins
- +NASDAQ listing provides access to capital markets
Considerations
- -Revenue has declined from approximately $465 million (2021) to approximately $326 million (2024)
- -Company has not achieved profitability since its IPO in 2019
- -2022 COO assault incident damaged company reputation
- -Consumer demand for plant-based meat has moderated significantly from pandemic-era peak
- -Competition from Impossible Foods and private label products intensifying
Frequently Asked Questions About Beyond Meat, Inc.
Who owns Beyond Meat?
Beyond Meat is publicly traded on NASDAQ under ticker BYND. The company has a broad institutional and retail shareholder base. Founder Ethan Brown serves as CEO.
Who founded Beyond Meat?
Beyond Meat was founded in 2009 by Ethan Brown in Los Angeles, California. Brown was motivated by a desire to address the environmental impact of conventional meat production.
Is Beyond Meat publicly traded?
Yes, Beyond Meat is publicly traded on NASDAQ under ticker BYND. The company went public in May 2019 in one of the most successful IPOs of that year.
Is Beyond Meat profitable?
No, Beyond Meat has not achieved profitability since its 2019 IPO. The company has been implementing cost-cutting measures and restructuring to improve its financial position.
What is Beyond Meat's main product?
Beyond Meat's flagship product is the Beyond Burger, a plant-based beef patty designed to look, cook, and taste like a conventional beef burger. The company also produces Beyond Beef (ground), Beyond Sausage, and Beyond Chicken products.
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