Hardin, an ex-VP and Director of Finance at Amazon Advertising. has undergone many new leadership changes culminating in June 2021 with a new CFO, Philip E. In 3Q 2020, Beyond Meat initiated an agreement to establish new manufacturing facilities in China with full-scale end-to-end production expected by 2Q 2021 highlighting strong potential upside catalysts.įor more information on updates regarding the science and priorities of the product line, please see the company website or the latest Investor Presentation (May 2021).
Beyond meat stock discussion trial#
Beyond Meat also works through a variety of co-manufacturing facilities in the U.S., Canada, and the Netherlands since 2Q 2020 with commercial trial runs of their new Dutch facility expected to commence in 2Q 2021. Beyond Meat's ~700-strong team consists of experienced scientists, engineers, researchers, technicians, and the required chefs all aiming to re-design Beyond Meat's products to match industry demand with mimicable quality while maintaining a strong brand.īeyond Meat's products are developed through a variety of production facilities out of Missouri and Pennsylvania with R&D facilities in California. This occurs in their various labs (analytical, chemical, and microbiological / fermentation labs). In terms of product development, Beyond Meat utilizes proprietary science for replicating the desirable attributes of their meat products including texture/composition which have features tested with comparative scanning electron microscopy and confocal laser microscopy.
Graphic Source: Investor Presentation (May 2021) Analysts are expecting expanding growth to continue across these outlets through 2026 reaching a total product sales revenue of $1.67B by 2025 up from ~$407M (+37% y/y) in 2020. Beyond Meat services approximately 118K retail and food-service outlets across 80+ countries covering mainstream grocery, mass merchandisers, convenience stores, natural retail channels, direct-to-consumer outlets, and various other forms including restaurants and schools which have shown +281% product-outlet-growth globally, since inception. This market is expected to grow at a compound annual growth rate of 14% up to $9.43B by 2026. sells a range of plant-based food products covering three primary platforms, beef, pork, and poultry which aim to address a global plant-based meat market worth ~$4.89B in 2021. Graphic Source: Investor Presentation (May 2021) Products/Pipelineīeyond Meat, Inc.
It includes industry growth rates which combined with various considerations present a strong upside for the next 1-3 years marking Beyond Meat as a premium-selling, but high upside company. The following report will aim to outline exactly that, assessing where the valuation of Beyond Meat lays today alongside sensitivity testing for deteriorating multiples into the future. The question that remains at the top of investors' minds is where will Beyond Meat's upside come from and will the valuation multiples and growth remain. Beyond Meat aims to target a clientele conscious of growing global issues including human health, climate change, natural resource constraints, and animal welfare aiming to disrupt a global meat industry worth $1.4T.įounded in 2009, Beyond Meat has grown to a sizeable market cap of more than $9b (June 2021) with ~700 employees. Beyond Meat develops meats aiming to replicate the taste, texture, and other sensory attributes of popular animal-based meat products that offer enhanced nutritional and positive environmental benefits. (NASDAQ: NASDAQ: BYND) is a global high-growth food company developing lab-designed plant-based meats. Drew Angerer/Getty Images News Introduction: What is Beyond Meat?īeyond Meat, Inc.
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