Beyond Meat's stock pops on report that meatless companies are struggling to meet demand

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Beyond Meat and rival Impossible Foods have struggled to meet surging demand for meat alternative products, the Wall Street Journal reported.

Due to limited production capacity, the two leading purveyors of meat-alternatives, Beyond Meat and Impossible Foods, have been unable to meet the high frequency of orders from restaurants adding meatless products to their menus.Beyond Meat and Impossible Foods are served in almost 20,000 restaurants across the country, according to the report. TGI Fridays,and Red Robin have joined the list, adding pea-based or soy-based burgers to their meat-heavy menus.

Burger King and White Castle have also added the meat-alternatives to their menus to attract more customers, the Journal said. The rise in popularity in planet-based burgers has caught more than just the eyes of restaurant chains.

 

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Missed a great opportunity for a pun here. Disappointing.

Yes but what about our DNA

Dang should have bought some after IPO when it was 65.00!! 🤦‍♀️🤦‍♀️

Fake meat is discussing.

Mind boggling. Hey CNBC, publish the ingredients again.

NESTLE about to drop their product. Gonna be ugly $bynd

Which means the most opt analyst tgts wont be met $BYND

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