I tried BYND burger a few weeks ago from A&W. It tastes fine but I would never order it again, I just wanted to see what all the hype was about. This one is extra popular because its a soy free product. I found it strange that this fake vegetarian burger cost exactly the same as a real burger. Makes you wonder what this whole veganism fad is really about..... (hint: making money off stupid people).
I see major competition coming into this market, everyone is seeing the demand and many top meat producers will be all over this as well as probably startups that we haven't heard of yet being started by the avocado toast hipsters!!!
Although it seems like a plant-based burger should have a "cleaner" ingredients label, it's actually more complicated. An animal meat burger has one ingredient: beef. A Beyond Meat burger, on the other hand, has 18 ingredients: water, pea protein isolate, expeller-pressed canola oil, refined coconut oil, rice protein, natural flavors, cocoa butter, mung bean protein, methylcellulose, potato starch, apple extract, salt, potassium chloride, vinegar, lemon juice concentrate, sunflower lecithin, pomegranate fruit powder, beet juice extract. And don't forget there's more to a burger than just the protein. Carl's Jr. bills its Beyond Famous Star Burger -- featuring a meatless Beyond Burger -- as a "healthier option," but once you add a bun, cheese, lettuce, tomato, mayo, pickles, onions, and special sauce, you're looking at a sandwich with 710 calories, 40 grams of fat (no saturated or trans fat, though), 1,550 milligrams of sodium, and 12 grams of sugars. A McDonald's Big Mac nutrition label is slimmer than that with 540 calories, 28 grams of fat (10 grams saturated and 1 gram trans), 940 milligrams of sodium, and 9 grams of sugars. On the carb front, the Carl's Jr. burger has 61 grams while the Big Mac has 46. In a cholesterol matchup, the Carl's Jr. sandwich has 30 milligrams while the McDonald's sandwich has 80. While a foodborne illness outbreak can affect any restaurant or food company, the U.S. Centers for Disease Control and Prevention found produce was more than twice as likely to contribute to an illness or death as meat or poultry. Beyond Meat has wisely warned in its SEC filings that such contamination is a possibility and would have an adverse material effect on its business. https://www.fool.com/investing/2019/06/13/6-reasons-investors-should-be-leery-of-beyond-meat.aspx
Exactly. at first I thought this beyond meat was actually lab grown cloned meat, figured they were long ways out from FDA approval, let alone an IPO. Didn't realize it was just soy meat substitute which we've had for decades. The only thing that makes sense for this stock is moving volume, and it seems like they've struck deals with fast food chains. This was second thought, just a fad aiming for the holier than thous. Fad stocks are tricky though. Where's GoPro? My 3rd thought. Seems like there's some genius marketing going on. After all, we've had coffee for a long ass time before Starbucks
since this is an IPO and except the underwriters and their tight connections, very few know what is up lol.... so a pump a dump serves 2 purposes... 1 is the profit from the scam itself... the 2nd is actually a marketing campaign as a hot stock attracts lots of attention then people find out about the product then want to try...
So as America's life expectancy topped out and has declined relatively speaking in comparison to other developed countries, while eating a higher degree of meat based protein, we of course should continue doing exactly that? ROFLMAO And no I am not a vegan. Just someone who has learned over a lifetime (that I hope continues decades more) to choose what I eat, and just as important, how much I eat ... carefully. BTW: the bun is just as unhealthy as the burger, regardless of whether burger is the vegan or meat variety.