Beyond Meat® brings latest iteration of the Beyond Burger® to Canada, available at major grocery stores nationwide
July 22 2020 - 07:00AM
Beyond Meat® is announcing its latest iteration of the Beyond
Burger®, produced locally at a co-manufacturing facility in Canada,
is now available at major grocery stores nationwide. This latest
version of the Beyond Burger, Beyond Meat’s flagship product, has
20g of protein derived from simple, plant-based ingredients like
peas, mung beans and rice, and features marbling made from cocoa
butter that is designed to melt and tenderize like beef.
Canada continues to be an important part of Beyond Meat’s
long-term growth strategy and producing the Beyond Burger locally
in Canada enables Beyond Meat to better serve the Canadian market,
while reducing the company’s environmental footprint.
“We look forward to providing the Canadian consumer with our
latest burger iteration and to furthering our commitment to this
important market by investing in local production. Our process of
rapid and relentless innovation in service of the consumer, and
making investments in the markets we serve, are key pillars in our
company’s strategy to provide delicious and nutritious plant-based
protein with a lower environmental footprint,” said Ethan Brown,
Founder and CEO of Beyond Meat.
This latest iteration of the Beyond Burger represents Beyond
Meat’s commitment to creating plant-based protein that is
indistinguishable (in terms of taste, texture, colour and cooking
experience) from its animal protein equivalent through its approach
to rapid and relentless innovation.
Made with simple, plant-based ingredients without GMOs, soy,
gluten or artificially produced ingredients, the Beyond Burger is
designed to meet, if not exceed, the nutritional profile of its
animal protein equivalent. Compared to a traditional beef burger,
this new version of the Beyond Burger contains:
- A complete source of protein with 20g of plant-based protein
per patty derived from peas, rice and mung beans
- More iron
- 35% less saturated fat
- Less total fat
- No cholesterol, antibiotics or hormones
This latest Beyond Burger joins an already delicious line-up of
innovative plant-based options available in grocery stores across
Canada. Beyond Meat first entered the Canadian retail market with
the launch of the iconic initial Beyond Burger in June 2019,
followed by the launch of Beyond Beef® eight months later. Most
recently, the brand launched Beyond Sausage® just in time for the
grilling season, providing Canadians with even more better-for-you
plant-based options.
Canadians can now find the new Beyond Burger in the fresh meat
counter of their local grocery store (SRP: $7.99 CAD). Look for the
green circle on the package with a 35% less saturated fat call out
to know it’s the new product.
About Beyond Meat
Beyond Meat, Inc. (NASDAQ:BYND) is one of the fastest growing
food companies in the United States, offering a portfolio of
revolutionary plant-based proteins. Founded in 2009, Beyond Meat
has a mission of using simple, plant-based ingredients applied in
fresh ways to replicate the taste, texture and other sensory
attributes of popular animal-based meat products while offering the
nutritional and environmental benefits of plant-based proteins.
Beyond Meat’s brand commitment, Eat What You Love™, represents a
strong belief that by eating its portfolio of plant-based meats,
consumers can enjoy more, not less, of their favorite meals, and by
doing so, help address concerns related to human health, climate
change, resource conservation and animal welfare. Beyond Meat’s
portfolio of plant-based proteins were available at approximately
94,000 retail and foodservice outlets in 75 countries worldwide as
of March 28, 2020. Visit www.BeyondMeat.com and follow @BeyondMeat,
#BeyondBurger and #GoBeyond on Facebook, Instagram and Twitter.
Forward Looking Statements
Certain statements in this release constitute “forward-looking
statements.” These statements are based on management's current
opinions, expectations, beliefs, plans, objectives, assumptions or
projections regarding future events or future results. These
forward-looking statements are only predictions, not historical
fact, and involve certain risks and uncertainties, as well as
assumptions. Actual results, levels of activity, performance,
achievements and events could differ materially from those stated,
anticipated or implied by such forward-looking statements. While
the Company believes that its assumptions are reasonable, it is
very difficult to predict the impact of known factors, and, of
course, it is impossible to anticipate all factors that could
affect actual results. There are many risks and uncertainties that
could cause actual results to differ materially from
forward-looking statements made herein including, most prominently,
the risks discussed under the heading “Risk Factors” in the
Company’s Form 10-Q for the quarter ended March 28, 2020 filed with
the U.S. Securities and Exchange Commission (“SEC”) on May 12, 2020
and the Company’s Annual Report on Form 10-K for the year ended
December 31, 2019 filed with the SEC on March 19, 2020, as well as
other factors described from time to time in the Company’s filings
with the SEC. Such forward-looking statements are made only as of
the date of this release. The Company undertakes no obligation to
publicly update or revise any forward-looking statement because of
new information, future events or otherwise, except as otherwise
required by law. If we do update one or more forward-looking
statements, no inference should be made that we will make
additional updates with respect to those or other forward-looking
statements.
Media ContactNatalie Foxnfox@golin.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/32996adc-6ea7-43eb-9199-5f89c14caba2
Beyond Meat (NASDAQ:BYND)
Historical Stock Chart
From Feb 2024 to Mar 2024
Beyond Meat (NASDAQ:BYND)
Historical Stock Chart
From Mar 2023 to Mar 2024