Beyond Meat® Unveils New and Expanded Line of Beyond Crumbles, Now Certified by the American Heart Association’s Heart-Check Program and the American Diabetes Association’s Better Choices for Life Program
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Insights
The introduction of Beyond Meat's renovated Beyond Crumbles line, now featuring a healthier nutritional profile, aligns with growing consumer demand for products that support a health-conscious lifestyle. The inclusion of the Heart-Check Food Certification and the Better Choices for Life Program endorsement signifies a strategic move to appeal to a demographic concerned with heart health and diabetes management. Considering the heart disease and diabetes prevalence in the U.S., these certifications may bolster consumer trust and potentially increase market share within the health-focused segment.
However, it's essential to analyze the broader market context. The plant-based meat industry is becoming increasingly competitive, with numerous players vying for market dominance. Beyond Meat's ability to innovate and offer products with health certifications could differentiate it from competitors. Yet, this strategy must be weighed against cost implications and consumer willingness to pay a premium for certified health benefits. Moreover, the long-term success of these products will depend on their taste profile, as consumers often balance health considerations with flavor preferences.
Beyond Meat's product expansion with Beyond Crumbles could be seen as a response to evolving market dynamics in the plant-based sector. The emphasis on quick, convenient preparation and the introduction of a new Italian-Style flavor suggests an understanding of the importance of convenience and variety in consumer decision-making. The company's decision to innovate in this space is likely informed by market research indicating a gap or opportunity within the plant-based protein category.
From a market perspective, the impact on Beyond Meat's stock could be contingent on the product's reception and its ability to capture additional market share. The plant-based meat industry is still in a relatively nascent stage and consumer trends towards healthier eating habits could provide tailwinds for Beyond Meat's new offerings. However, it's important to monitor shifts in consumer preferences and the competitive landscape, as these factors will play a significant role in the long-term performance of Beyond Meat's stock.
For investors, the release of Beyond Crumbles with health certifications could represent an investment in brand equity and long-term growth potential. The alignment with recognized health organizations may enhance brand reputation and drive sales, particularly in a market where health consciousness is a significant trend. However, investors should consider the costs associated with product development and marketing, as well as the potential for increased competition to erode market share and margins.
Financial performance will ultimately be measured by sales growth, margin expansion and market penetration. It will be important to track quarterly earnings reports and management commentary for insights into the product line's performance and its contribution to overall revenue. Investors should also be aware of broader economic factors that could influence consumer spending, such as disposable income levels and macroeconomic conditions.
EL SEGUNDO, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, today announced a newly renovated and expanded line of Beyond Crumbles rolling out now in the freezer aisle at grocery stores across the U.S. The next generation of the company’s plant-based crumbles will be available in three craveable flavors and have a good source of protein, are low in saturated fat, and meet the rigorous nutrition criteria of the American Heart Association’s distinguished Heart-Check Food Certification Program and the American Diabetes Association’s Better Choices for Life Program.
Beyond Crumbles are juicy, bite-sized crumbles that go from frozen to finished in just a few minutes for a delicious and healthy protein option at breakfast, lunch or dinner. Made with clean and simple plant-based ingredients, Beyond Crumbles have 12g of protein per serving with less than 1g of saturated fat and no cholesterol – nutritionals that make it a heart-healthy1 food. These new plant-based crumbles will be available in three versatile flavors, Beyond Beef® Crumbles Original, Beyond Beef® Crumbles Feisty, and the newest flavor, Beyond Sausage® Crumbles Italian-Style, which will be available this summer. Convenient and easy to prepare, simply sauté the crumbles for four minutes in a skillet before adding them to your favorite dish or sauce. From a Feisty Cauliflower Fundido and rich Sweet Potato Chili to a hearty Mushroom Bolognese, the crumbles are endlessly customizable to fit any recipe.
“We continue to innovate across our product lines to deliver delicious taste and health benefits alike. For consumers who love the taste and versatility of beef, but want to reduce saturated fat and cholesterol in their diet, Beyond Crumbles offer a convenient, healthy protein for the center of the plate. Beyond Crumbles’ strong nutritional profile, coupled with its simple and clean ingredient list, earned the product certification by the American Heart Association’s Heart-Check program and the American Diabetes Association’s Better Choices for Life program,” said Beyond Meat Founder and CEO Ethan Brown.
As part of Beyond Meat’s commitment to innovating for human health, this announcement follows Beyond Steak’s earlier certifications by the American Heart Association and the American Diabetes Association. Additionally, the company recently announced its new Beyond IV platform, the fourth generation of the Beyond Burger® and Beyond Beef®, with significant advancements across taste, health and clean label. The new Beyond IV products, which will launch at grocery stores across the U.S. this spring, are the result of a multi-year research effort that included working with leading medical and nutrition experts to meet the standards of top health organizations.
Behind the Heart-Check Mark’s Scientific Nutrition Requirements
The Heart-Check Mark is part of the American Heart Association’s mission to fight heart disease and stroke, with cardiovascular disease as the leading cause of death in the U.S.2 The American Heart Association’s Heart Check Food Certification program provides consumers with an easy and reliable system for identifying healthier foods when reading nutrition labels. When consumers see the Heart-Check Mark, they instantly know the food has been certified to meet the nutritional requirements of the American Heart Association, including being low in saturated fat and sodium, and having over
ADA’s Better Choices for Life Program
With 1.2 million Americans diagnosed with diabetes every year, the Better Choices for Life Program uses the American Diabetes Association’s evidence-based guidelines to help consumers make informed choices about the foods they purchase. Nutrition is an important component of diabetes treatment and prevention. Consuming adequate protein is essential for those with and without diabetes, and according to the American Diabetes Association, plant-based proteins provide quality protein, healthy fats, and fiber.
Advancing Research on the Health Benefits of Plant-Based Meat
Beyond Meat is proud to support scientific and evidence-based research on the health implications of shifting from animal-based meat to plant-based meat. For example, in the SWAP-MEAT study, which was published in The American Journal of Clinical Nutrition, researchers reported the positive impacts of replacing animal-based meat with Beyond Meat’s plant-based meat over an eight-week period, including the improvement of several cardiovascular disease risk factors, such as LDL cholesterol levels and TMAO. Beyond Meat continues to support ongoing studies at the Plant-Based Diet Initiative at Stanford University School of Medicine and also has a multi-year agreement with the American Cancer Society to advance research on plant-based meat and cancer prevention.
Consumers can find the new Beyond Crumbles by looking for the yellow “new” bar across the top of the package. The Beyond Beef Crumbles are rolling out now in the freezer aisle at grocery stores nationwide, and the new sausage flavor will be available this summer. For more info, visit the Beyond Meat website and store locator.
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 0 mg 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, Twitter and TikTok.
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, 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
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1 Diets low in saturated fat and cholesterol, and as low as possible in trans fat, may reduce the risk of heart disease.
2 Heart Disease and Stroke Statistics - 2023 Update. American Heart Association https://professional.heart.org/en/science-news/heart-disease-and-stroke-statistics-2023-update?utm_campaign=sciencenews22-23&utm_source=weekly-sn&utm_medium=email&utm_content=phd-01-25-23
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fb71e93d-24cd-449c-849c-94446fda1499
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