'Beyond Meat' Files Chapter 11 Bankruptcy

2 months ago
21

Beyond Meat, a pioneer in plant-based meat substitutes, has reportedly filed for Chapter 11 bankruptcy protection on August 10, 2025, amid significant financial challenges. The company, known for products like the Beyond Burger, faced a 20% revenue drop in Q2 2025, with sales falling to $75 million against expectations of $82 million, coupled with a $1.2 billion debt and only $117 million in cash reserves. Declining consumer interest in processed plant-based foods, increased competition, and a shift toward whole-food alternatives have strained the company’s finances, prompting debt restructuring talks and cost-cutting measures like layoffs.

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