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Beyond Meat fights for survival

foodinstitute.com

261–270 of 645 posts

Re: Beyond Meat fights for survival

#261

Earlier quoted context omitted.

Is this really a problem with Beyond Meat or a problem with our policies not correctly pricing meat due to not caring about the environment or animal welfare?

It's the same policy whether it's real meat patties or beyond meat, because beyond beef has the same main ingredient as the feed for the cattle: soybeans.

How much soy does it take to raise 1kg of beef compared with producing 1kg of beyond meat?

Re: Beyond Meat fights for survival

#262

So the biggest problem here is that Beyond Meat has a huge debt due in just 2 years: That’s a problem given that $1 billion in convertible bonds come due in March 2027. Beyond Meat has no way to repay that debt, and the credit markets know it: The bonds currently trade at about 17 cents on the dollar. To put the "$1B" number into the context, Beyond Meat sold $300M worth of plant-based meats last year, and made a net…

And this as well: > The company expects the figure to reach about $330 million in 2025, roughly 10% higher than it was six years earlier despite a huge increase in the number of products offered. It’s not like they have any growth potential to speak of that would enable them to service that debt. It’s a bit hard to see who their target market is or, rather, it’s a bit hard to see that the market segment they’re aimin…

I would guess the primary target market is ex meat eaters that are trying to go vegetarian but have been raised to enjoy the taste/texture of meat. I am in this group. I agree it’s not a very large market for the reasons you stated above. However, maybe BM hoped they could grow that market, I.e. convince more meat eaters to give it up for ethical reasons.

Re: Beyond Meat fights for survival

#263
post #29

Earlier quoted context omitted.

What have you substituted cheese with? It's one of my favorite foods but no substitute has come close to it

Vegan cheese is made from cashews. If you’re in the Bay Area try Arizmendi’s vegan pizza. Surprisingly good.

I looked them up and I couldn't find any indication that they regularly offer vegan pizzas.

Re: Beyond Meat fights for survival

#264

So the biggest problem here is that Beyond Meat has a huge debt due in just 2 years: That’s a problem given that $1 billion in convertible bonds come due in March 2027. Beyond Meat has no way to repay that debt, and the credit markets know it: The bonds currently trade at about 17 cents on the dollar. To put the "$1B" number into the context, Beyond Meat sold $300M worth of plant-based meats last year, and made a net…

> If they could magically become profitable at 10% profit margin, it would take 20+ years to repay the debt. It's hopeless. Why is that hopeless? Maybe I'm too green or optimistic but that just requires long-term planning. Also inflation will make it a bit easier. One thing I find tough for them personally is that I like the Impossible burger a lot more. I find Beyond meat not tasting like meat, not enough. Since tha…

> Why is that hopeless?

because you can’t take 20 years to pay off debt that is due in 2 years.

Re: Beyond Meat fights for survival

#265

The hidden message of the title: Plant based alternatives may not succeed. I don’t believe that. I rather see more and more friends and people avoid eating meat or reduce their consumption drastically. Many buy plant based alternatives to milk as well. Twenty years ago only a few people would ask for oat/soy milk when ordering a coffee. But these days many do. I have been eating plant based meat alternatives for four…

Delicious vegetarian food is already a thing, and doesn't require new technology, and it's not necessary to completely eliminate meat-eating to significantly reduce your ethical-harm footprint. It's a matter of changing food culture. Once you adapt to an omnivore diet that contains tasty meals from both meat and non-meat cuisine, it's actually quite easy to reduce your meat intake further.

I was raised as a meat eater and ate it for 30 years. I’ve been vegetarian for about a decade for ethical reasons that I do believe are incompatible with eating any meat. I consider myself a good cook and make vegetarian/vegan meals for my family every night. However: I will never stop thinking that the taste of chicken, pork, beef and lamb are desirable. The conditioning is too strong. Sticking with vegetarianism is still an act of willpower for me. This is why I like meat alternatives.

Re: Beyond Meat fights for survival

#266

The hidden message of the title: Plant based alternatives may not succeed. I don’t believe that. I rather see more and more friends and people avoid eating meat or reduce their consumption drastically. Many buy plant based alternatives to milk as well. Twenty years ago only a few people would ask for oat/soy milk when ordering a coffee. But these days many do. I have been eating plant based meat alternatives for four…

> Plant based alternatives may not succeed. I don’t believe that. Neither do I, but it's a highly competitive market that competes with both the established industrial meat market, as well as people actually educating themselves on cooking without "meat". I've always seen people buying "meat replacements" as kind of lazy, let's just swap one thing out for another, instead of find / cook something different entirely.…

> I've always seen people buying "meat replacements" as kind of lazy

Pretty harsh to expect people to throw away their entire food culture just to cut down on meat consumption.

Re: Beyond Meat fights for survival

#267

The problem with Beyond Meat is that it is insanely expensive. I could buy a free range, organic and grass fed beef burger for the price of their ultra processed burger. Don’t get me wrong, as a vegetarian, I think they taste nice. They are just too damn expensive and not particularly healthy which goes against why I am a vegetarian. In Europe we have so many alternatives that are insanely cheaper and, as an Indian,…

> before wrapping in some cling film and pressing it into a patty Why do you wrap it? Couldn't you also form the burger patty without the cling film?

If you'd rather avoid the single-use-ish plastic, then wax paper usually works as well.

Re: Beyond Meat fights for survival

#268

Earlier quoted context omitted.

> If they could magically become profitable at 10% profit margin, it would take 20+ years to repay the debt. It's hopeless. Why is that hopeless? Maybe I'm too green or optimistic but that just requires long-term planning. Also inflation will make it a bit easier. One thing I find tough for them personally is that I like the Impossible burger a lot more. I find Beyond meat not tasting like meat, not enough. Since tha…

> Why is that hopeless? because you can’t take 20 years to pay off debt that is due in 2 years.

Refinancing, but whoever lends them the money will take a long hard look at the rest of their finances and decide to pass.

Re: Beyond Meat fights for survival

#269

Earlier quoted context omitted.

The more common term you're looking for is "ultra-processed food"

Which types of processing exactly is implied by that, and which are not? Where's the line drawn, is ground beef ultra processed or not? how about a chicken schnitzel? canned sardines? dark chocolate? Which part of the ultra-processing is making the foot unhealthy, is it chemicals they add? the fact that they heat it up (but at home when you cook you also heat up stuff)? something else they do with it? If you bake fri…

The term comes from the Nova classification.

https://en.wikipedia.org/wiki/Nova_classification

Re: Beyond Meat fights for survival

#270

Earlier quoted context omitted.

Why do you believe it's not healthy? Because of the processes food hysteria stuff?

It's not hysteria. Beyond Meat uses way too much processing in their food. They literally have patented processes to alter protein structures.

I mean, so do cows and chickens.

Moving a chemical process out of a living being and into a lab can make it safer: you’re doing it without the bacteria and viruses omnipresent in the natural world, and you know exactly what is going into the reaction…

When you “cook” a piece of fish in salt and lime (a la Ceviche) you are also altering the protein structures).

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