Beyond Meat makes plant-based burgers and sausages that have the taste and texture of real meat. Del Taco (TACO), Applebee's (owned by Dine Brands (DIN)), Tim Horton's (owned by Burger King parent Restaurant Brands (QSR)) and Carl's Jr. serve Beyond Meat products in their restaurants.
Industry watchers say that the company could nab fast-food giant McDonald's (MCD) as former McDonald's CEO Don Thompson is on Beyond Meat's board.Beyond Meat makes plant-based burgers and sausages that have the taste and texture of real meat. Del Taco (TACO), Applebee's (owned by Dine Brands (DIN)), Tim Horton's (owned by Burger King parent Restaurant Brands (QSR)) and Carl's Jr. serve Beyond Meat products in their restaurants.
Industry watchers say that the company could nab fast-food giant McDonald's (MCD) as former McDonald's CEO Don Thompson is on Beyond Meat's board.
There's increasing demand for plant-based products and fake meat in particular. But Beyond Meat faces increased competition from meat producers. Tyson Foods (TSN) launched its own plant-based and blended products unit.
So how did a plant-based meat company become this months hottest IPO!
