Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Dec 04, 2019

Ethan Brown, Beyond Meat CEO and Fake Meat’s Real Winner

Ethan Brown, Beyond Meat CEO and Fake Meat’s Real Winner

(Bloomberg Businessweek) -- Barclays Plc forecasts that meat alternatives will be a $140 billion market worldwide in the next decade, and Brown is positioning his company to be the leader. His products are used or sold in more than 58,000 restaurants, food-service operations, and supermarkets globally, and they include not only plant-based burgers but Beyond Sausage (now available in breakfast sandwiches at Dunkin' across the U.S.) and Beyond Fried Chicken (an August pilot sale at a KFC in Atlanta ran out in hours). Competition is fierce, however. Impossible Foods Inc. closed $300 million in funding in May, and its burgers are now sold as Impossible Whoppers at Burger King. Nestlé, Kellogg, and Conagra Brands are developing their own alternatives, too.

To contact the editor responsible for this story: Bret Begun at bbegun@bloomberg.net, Jeremy Keehn

©2019 Bloomberg L.P.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com