Why Beyond Meat has succeeded despite a market 'contraction'

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Ethan Brown اخبار

Brian Sozzi

Beyond Meat (BYND) CEO Ethan Brown joins Yahoo Finance Executive Editor Brian Sozzi to discuss the company's growth since its IPO in May 2019 and some of its...

Brown notes that in the five years since Beyond Meat's IPO, the company has seen both"tremendous growth" and a"contraction" in the market, yet still continues to lead the industry:

Well, I think what you see is there was an enormous disruption in the sense of this is gonna be something that displaces animal protein.And I think we're now beginning to near the end of that.They're very important for the environment, and most importantly, it taste great.And you you were telling me about, uh, campaigns against the company campaigns against plant based food from, I guess, the incumbent meat industry.

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