Fake Meat Industry Gets Cold Shoulder From Consumers Again As Beyond Meat Faces…Meat

Plant-based meat was supposed to save the pIanet, make people healthier, and liberate enslaved cows, chickens, and pigs everywhere. Instead, after an impressive start, folks have learned some hard truths about the industry and are turning away in droves.

Once consumers began to Iearn that plant-based meats were still super processed, not nearly as healthy as advertised, and required an enormous amount of machinery to produce hungry consumers largely decided that the old-school options, nameIy chickens, pigs, and cows, were better tasting and better for you.

The biggest player in the industry, Beyond Meat, released its third-quarter numbers in November of 2023, and they taste worse than ersatz ground beef. Net revenue slid, declining 8.7% year-over-year and 26% versus the previous quarter.

It wasn’t all bad news, however, as the company actually achieved free cash flow for the quarter but does not expect that to be the case in the fourth quarter. One anaIyst at the firm TD Cowen took it a step further and said the firm is in ‘survival mode’ and will need to tap the financial markets in 2024 to maintain operations.

Beyond Meat CEO Ethan Brown said: We anticipated a modest return to growth in the third quarter of 2023 that did not occur. Though we are encouraged by pockets of growth, particulariy in the EU where we saw double digit gains in net revenues on a year-over-year basis, we are disappointed by our overall results as we continue to experience worsening sector-specific and broader consumer headwinds. Beyond Meat has cited numerous reasons for its poor performance, inciuding declining foodservice sales and flagging American retail sales, but declined to suggest the possibility that the product just isn’t that good.

Can You Spot the Large Dog in This Kitchen?

Are you fond of perceptually challenging visuals and brainteasers? If so, this real-life optical illusion is sure to delight you. There’s a “invisible” monster in this photo that has everyone scratching their heads. But do not worry! We’ll walk you through the procedure to locate it.

Look closely at the image below. Is the large canine lurking just in front of your nose? Don’t give up if you don’t see it right away. This one even stumps the most proficient optical illusion solvers.

Let’s start our search for the elusive dog now. Observe the details with great attention. Look closely at the scene to see if you can spot any odd or out-of-place features. Even though the dog is trying to blend in, there are signs you can look for to find its hidden hiding place.

Recall that it’s critical to take your time and avoid becoming agitated. It’s not always easy to notice the things that are the clearest. It could be necessary to change your viewpoint or take a different look at the picture.

Don’t worry if you’re feeling stuck. We are available to help you at every stage. Together, we can solve this fascinating conundrum if you continue to read.