Beyond Meat’s Newest Ad Targets Meat Industry Attacks About Plant-Based Food Being Ultra-Processed and Unhealthy

August 8, 2023

Beyond Meat has launched a new ad titled “There’s Goodness Here” to counter criticisms from the meat industry about plant-based meats being ultra-processed and unhealthy. The ad features a North Dakota farmer named Steven, who grows fava beans, one of the ingredients in Beyond’s products, to emphasize the “goodness” in their ingredients and production process. Beyond Meat’s new ad comes amid a slump in sales for plant-based meat makers like Beyond Meat and Impossible Foods, partly attributed to food price inflation and increased consumer interest in less-expensive alternatives.

Recent News

Premium and Healthier Food Options Gain Traction

As consumers become more mindful of their spending, the global sales of cooking ingredients and meals saw a notable increase of 4.4% in 2023, driven by inflation and higher commodity prices, according to Euromonitor International. This trend underscores a shift in consumer behavior towards more economical choices while still showing a preference for premium, healthier, and environmentally sustainable options.

Dairy Manufacturers Inc. Issues Voluntary Recall of Baby Formula

In a significant move, Dairy Manufacturers Inc., a Texas-based company, has initiated a voluntary recall of several baby formula products after they were found to be noncompliant with U.S. Food and Drug Administration (FDA) regulations. The recall encompasses all lot codes of three specific products: Crecelac Infant 0-12, Farmalac 0-12, and Farmalac 0-12 Low Lactose. This announcement was officially published on the FDA’s website on Saturday.

Fitness Equipment to Become $18.4 Billion Market

The global fitness equipment market is projected to reach $18.4 billion by 2033, growing at a CAGR of 3.02% from 2024 to 2033, according to Allied Market Research. Key drivers include the integration of Internet of Things (IoT) technology in fitness devices and the rise of corporate wellness programs. IoT-enabled equipment captures workout metrics in real time, enhancing user engagement and offering personalized insights. Corporate wellness initiatives promote physical activity in the workplace, increasing demand for fitness equipment in corporate gyms.