Company Information Beyond Meat Inc.
Beyond Meat Inc. is a large international vegan meat substitute company and one of the fastest growing food companies in the United States.
Ethan Brown is the founder and CEO of Beyond Meat, with a total of 400 full-time employees (as of June 29, 2019).
Formed in 2009 in California, the company began selling its first vegan cutlets and other products in April 2013 at Whole Foods in the United States.
In 2018, Beyond Meat expanded its sales to 50 international markets, partnering with Tesco stores in the UK and restaurant chains Tim Hortons and A&W in Canada.
Beyond Meat went public on May 2, 2019 and its IPO (Initial Public Offering) was incredibly successful as investors saw the company’s financial success and great potential for growth in sales of its revolutionary products.
On the first trading day, Beyond Meat shares soared 163%. As of November 8, 2019, the company’s market value is estimated at almost $ 5 billion.
As of the end of 2019, Beyond Meat vegetarian products are sold in over 58,000 grocery stores, restaurants, hotels, universities and more. Below in the picture are logos of Beyond Meat’s sales partners, the company has also entered into supply contracts with Denny’s Corp. (DENN) and Burger King.