India's emerging plant-based meat market offers opportunities but hard work lies ahead [Yahoo! Finance]
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: Yahoo! Finance
With an average age of 29, India's 1.3 billion population has been steadily increasing its meat consumption. According to an OECD report published in November, India consumed six million tonnes of meat in 2020, or 4.6 kilograms a person. Nearly half of India's population now consumes non-vegetarian meals once a week. However, at the same time, there is growing interest in the country for modern-style plant-based meat products. The market in India is in its very early stages but is seeing expansion. According to Carmen Bryan, a consumer analyst at GlobalData, the meat substitutes market in India generated retail sales of US$220.8m in 2020 and is expected to reach $292.9 million by 2025, clocking a compound annual growth rate (CAGR) of 5.8%. A number of domestic specialists have carved out a foothold. Udaipur-based GoodDot Enterprises, set up in 2013, has built a nationwide presence for its shelf-stable meat alternatives. Blue Tribe Foods is another, set up in Mumbai in 2020 and
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News
- EU member states cannot ban ‘meaty' names for vegetarian foods, court rules [Yahoo! Finance]Yahoo! Finance
- The Plant-Based Meat Market is projected to grow by USD 27.29 billion from 2024-2028, driven by new product launches and AI driven market transformation- Technavio [Yahoo! Finance]Yahoo! Finance
- Australia's Proform Foods liquidated from administration process [Yahoo! Finance]Yahoo! Finance
- The Trump Trade No One Is Talking About [Forbes]Forbes
- Beyond Meat wants to be healthier—and CEO Ethan Brown seems convinced he can hack the trade-off between nutrition and taste [Fortune]Fortune
BYND
Earnings
- 8/7/24 - Miss
BYND
Sec Filings
- 9/18/24 - Form 4
- 9/16/24 - Form 4
- 9/16/24 - Form 4
- BYND's page on the SEC website