Why These Restaurant-Industry Trends May Eat Into Beyond Meat’s Growth This Year

  • 📰 Forbes
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Here's why these restaurant-industry trends may eat into Beyond Meat’s growth this year:

, for example, said in December a “simplified” menu at Olive Garden, its biggest chain, has helped to improve profit and made operations more efficient.

Before the pandemic in 2019, Beyond Meat’s foodservice sales more than quadrupled, outpacing its sales growth to retailers. While Taco Bell said this month it’s working with Beyond Meat to create a new plant-based protein that will be tested in the next year, Saleh said a nationwide introduction isn’t likely this year and “a test could last several quarters with no guarantee of success.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Hellll naw. My daughter has tried and tried and I aint eatin that mess. And I can tell too. We went to burgerking and she got me a impossible whopper thinking I wouldn't know the difference. I been eatin them whoppers for 40yrs you can't fool me!!!

🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮

I'll pass on this mock meat. Thanks anyway.

Beyond Meat’s growth is due to a variety of factors such as demand for healthier alternatives to meat and it’s branding. I forecast beyond meat will continue to grow at a constant and stable pace.

95% only bad news(

those are so good and taste just like real meat!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Independent Restaurant Coalition, Cointreau will run Super Bowl ad - Business InsiderIndependent restaurants banded together to survive the pandemic. Now they're running a Super Bowl Ad to raise relief awareness.
Source: BusinessInsider - 🏆 729. / 51 Read more »