Beyond Meat Expands Foodservice Portfolio with the Fourth Generation Beyond Burger® and New Beyond® Crispy Nuggets

Beyond Meat Expands Award-Winning Foodservice Portfolio with the Rollout of the Fourth Generation Beyond Burger® and New Beyond® Crispy Nuggets 

The new Beyond Burger, made with avocado oil and available at retailers nationwide, is making its foodservice debut in a 2.5oz patty specifically designed to deliver the craveable taste, ease of prep, and clean ingredients that foodservice operators are looking for in a plant-based meat option

The juicy and delicious new foodservice patties have just 1g of saturated fat with 13g of protein from peas, brown rice, red lentils and faba beans

Attendees at the upcoming National Restaurant Association Show can stop by the Beyond Meat booth (#678) to be among the first to try the new burger and nuggets

El Segundo, CALIF. (May 16, 2024) – Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, today announced the debut of its popular new fourth-generation Beyond Burger® in foodservice. The new patties, which are made with avocado oil, were developed in partnership with leading operators and culinary experts to deliver an even juicier, tastier, more nutritious and versatile plant-based burger option for the foodservice channel. In a recent survey, of respondents that mentioned health benefits and clean ingredients as key drivers when purchasing a plant-based meat product, products using healthier oils were top-rated in health considerations for both Commercial operators (76%) and Non-Commercial operators (73%)¹. Beyond Meat is one of the first plant-based meat companies to use avocado oil as it expands its portfolio of delicious, nutritious and sustainable plant-based meat products.

The new 2.5oz Beyond Burger patty is an excellent source of protein – 13g per serving – with just 1g of saturated fat, and no cholesterol or added antibiotics or hormones. The product’s meatier flavor and taste were preferred over the previous version in consumer testing², and feedback on the new burger from operators who have tried it has been overwhelmingly positive. Additionally, at a recent conference of registered dietitians, 94% of attendees³ said they enjoyed the taste of the new Beyond Burger, viewed it as healthful, and would recommend it.

Highlights of the new Beyond Burger:

• Tastier, beefier flavor thanks to avocado oil’s smoother, more neutral flavor
• Designed to sizzle, grill and cook even better than before because of avocado oil’s higher smoke point
• Just 1g of sat fat per patty (75% less than 80/20 beef) due to the high levels of heart-healthy monounsaturated fats⁴ in avocado oil 
• Added nutrient-dense plant-based ingredients including red lentil and faba bean protein
• Simplified the ingredient list, including removing the coconut and canola oils
• 20% less sodium vs. the previous version⁵ 

“Since we first announced the new, fourth generation Beyond Burger in retail, we’ve received a lot of interest on the foodservice side, and are excited to meet that demand with our new 2.5oz Beyond Burger foodservice patty. This product was developed in partnership with foodservice operators, for foodservice operators, and the response from folks who have tried it, is how amazing it tastes and how well it performs in their kitchens. Beyond IV represents the most significant renovation in the company’s history, and we couldn’t be prouder to expand our foodservice portfolio with yet another amazingly delicious and nutritious product to make it easier than ever for operators and consumers to Go Beyond,” said Dawn Lockwood, VP, Foodservice North America, Beyond Meat.

In addition to the new Beyond Burger patty made with avocado oil, Beyond Meat is also debuting Beyond® Crispy Nuggets, a perfect blend of light, golden tempura coating and tender, plant-based chicken to deliver a satisfying crunch in every bite. The new products will both be sampled at the upcoming National Restaurant Association Show in Chicago along with Beyond Meat’s Food and Beverage Innovation (FABI) Award winning products including the Beyond Smashable Burger, Beyond Steak, and Beyond Sausage. An 8-time FABI award winner, Beyond Meat is proud to consistently be recognized in the foodservice space as a leading innovator in plant-based proteins. 

The new Beyond Burger, Beyond Crispy Nuggets and Beyond Meat’s other products are available at DOT Foods nationwide. To learn more, request samples, or contact a Beyond Meat sales representative, please visit www.beyondmeat.com/en-US/food-service/.  

Media Contact
Allison Trager
[email protected] 

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, Threads and LinkedIn.

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, and Beyond Meat’s Quarterly Report on Form 10-Q for the quarter ended March 30, 2024 filed with the SEC on May 9, 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.

¹Beyond Meat SKP Survey Insights, January 2024

²The People's Choice Consumer Testing (Sept 2023) "Beyond Meat Plant-based Burger Affective CLT" [n=93]

³31 registered dietitians surveyed at the 2024 FoodFluence conference after trying the new Beyond Burger 

⁴https://www.heart.org/en/healthy-living/healthy-eating/eat-smart/fats/monounsaturated-fats

 ⁵on an ounce-for-ounce basis compared to the previous Beyond Burger recipe