Beyond Meat Unveils Expanded Line of Beyond Steak®, One of the Fastest Growing and Top Selling Plant-Based Meat Products on the Market (1)
07 February 2025 - 1:00AM
Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based
meat, today announced an expanded line of Beyond Steak, one of the
fastest growing and top selling plant-based meat products on the
market,3 at Sprouts Farmers Market stores coast to coast. The new
line of pre-seasoned steak tips is available in two craveable
flavors, Beyond Steak Chimichurri and Beyond Steak Korean
BBQ-Style, is a good source of protein, is low in saturated fat,
and meets the nutrition criteria of leading health organizations.
Designed to deliver the juicy, tender bite of
seared steak tips in a pre-seasoned format for added convenience,
the new varieties are not only delicious and easy to prepare but
also boast a strong nutritional profile with 20g of clean
plant-based protein, just 1g of saturated fat per serving, and no
cholesterol. Beyond Steak Chimichurri and Beyond Steak Korean
BBQ-Style are heart-healthy4 plant-based steak offerings that meet
the rigorous nutrition criteria of the American Heart Association's
Heart-Check program and the Better Choices for Life Program of the
American Diabetes Association and are Non-GMO Project verified.
“The original Beyond Steak was a game-changing
product, which has been praised for its tender bite,5 juiciness,6
and flavor.7 It is one of the top selling plant-based meat products
on the market.8 For those who enjoy the meaty taste and texture of
steak but wish to cut down on saturated fat and cholesterol in
their diet, we are thrilled to introduce two new delicious,
convenient and heart-healthy9 varieties of Beyond Steak,” said Drew
Lufkin, Senior Vice President of Sales, Beyond Meat.
The debut of the expanded line of Beyond Steak
follows the launch in U.S. retail of Beyond Meat’s newly renovated
and craveworthy Beyond Burger, Beyond Beef and Beyond Sausage
(Beyond IV), now made with avocado oil which is high in
heart-healthy monounsaturated fats.10 The company also recently
introduced the flavor-forward Beyond Sun Sausage line, a clean
protein option made from wholesome plant-based ingredients and
certified by the American Heart Association’s Heart-Check program
and the American Diabetes Association’s Better Choices for Life
program.
The new Beyond Steak Chimichurri and Beyond
Steak Korean BBQ-Style are now available in the freezer aisle at
Sprouts Farmers Market stores across the country, and the original
Beyond Steak can be found at major retailers nationwide. Try the
new pre-seasoned varieties in Beyond Steak Chimichurri & Sweet
Potato Plate or Beyond Steak KBBQ Bowl and for more recipes, more
information or to find the store nearest you, visit
www.BeyondMeat.com.
About Beyond Meat Beyond Meat,
Inc. (NASDAQ: BYND) is a leading plant-based meat company offering
a portfolio of revolutionary plant-based meats made from simple
ingredients without GMOs, no added hormones or antibiotics, and 0mg
of cholesterol per serving. Founded in 2009, Beyond Meat products
are designed to have the same taste and texture as animal-based
meat while being better for people and the planet. Beyond Meat’s
brand promise, Eat What You Love®, represents a strong belief that
there is a better way to feed our future and that the positive
choices we all make, no matter how small, can have a great impact
on our personal health and the health of our planet. By shifting
from animal-based meat to plant-based protein, we can positively
impact four growing global issues: human health, climate change,
constraints on natural resources and animal welfare. Visit
www.BeyondMeat.com and follow @BeyondMeat on Facebook, Instagram,
Threads and LinkedIn.
Beyond Meat 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 Beyond Meat 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 Beyond Meat's Annual Report on Form 10-K for the
year ended December 31, 2023 filed with the U.S. Securities and
Exchange Commission (“SEC”) on March 1, 2024, and Beyond Meat’s
Quarterly Report on Form 10-Q for the quarter ended September 28,
2024 filed with the SEC on November 7, 2024, as well as other
factors described from time to time in Beyond Meat’s filings with
the SEC. Such forward-looking statements are made only as of the
date of this release. Beyond Meat 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 Beyond Meat does update one or more
forward-looking statements, no inference should be made that Beyond
Meat will make additional updates with respect to those or other
forward-looking statements.
Media Contact Shira Zackai
shira.zackai@beyondmeat.com
1 SPINS 52w ENDING 12/31/23 & 12/31/24 TOTAL MULO+NEC DOLLAR
& UNIT SALES (COMPARING Y2Y CHANGE IN TOTAL DOLLAR & UNIT
SALES GROWTH OVER 2023 & 2024)2 Diets low in saturated fat and
cholesterol, and as low as possible in trans fat, may reduce the
risk of heart disease.3 SPINS 52w ENDING 12/31/23 & 12/31/24
TOTAL MULO+NEC DOLLAR & UNIT SALES (COMPARING Y2Y CHANGE IN
TOTAL DOLLAR & UNIT SALES GROWTH OVER 2023 & 2024)4 Diets
low in saturated fat and cholesterol, and as low as possible in
trans fat, may reduce the risk of heart disease.5
https://www.fastcompany.com/90799052/beyond-meat-steak-tips-beef-new6
Results of Beyond Meat Steak Tips Central Location Test involving
90 consumers, data on file7
https://people.com/people-food-awards-2023-the-66-best-foods-of-the-year-75510048
SPINS 52w ENDING 12/31/23 & 12/31/24 TOTAL MULO+NEC DOLLAR
& UNIT SALES (COMPARING Y2Y CHANGE IN TOTAL DOLLAR & UNIT
SALES GROWTH OVER 2023 & 2024)9 Diets low in saturated fat and
cholesterol, and as low as possible in trans fat, may reduce the
risk of heart disease.10
https://www.heart.org/en/healthy-living/healthy-eating/eat-smart/fats/monounsaturated-fats
Photos accompanying this announcement are available at
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https://www.globenewswire.com/NewsRoom/AttachmentNg/ba053ecd-700d-408b-b1df-ac6ec89d7be0
https://www.globenewswire.com/NewsRoom/AttachmentNg/b35197d1-2bee-40e6-8c23-ebed1af9183c
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