Despite the rollercoaster ride Beyond Meat (BYND) endured throughout the year of 2019, is it worth another look? Well, let’s do a quick analysis!
The year to date change for Beyond Meat is roughly 6%, starting off the new year green is a good sign. Depending on your food preferences you are now able to buy Beyond Meat without the fear of volatility .
Future of Beyond Meat (BYND)
With all eyes on Beyond Meat in 2019, there has been rumors of a future catalyst, insiders claim that the company is on the verge of a partnership or acquisition by McDonald’s, and they’re already testing Beyond Meat’s plant based offering. Some other partnerships BYND has entered into are with Subway, Kentucky Fried Chicken (KFC) and Dunkin’ Brands.
2020 could be a year of more expansion and partnerships for the major plant based foods giant.
BYND Delivery Food
Restaurant delivery will continue its evolution from a perk into a basic, expected service. But as delivery apps have increasingly crowded the space on smartphone screens, 2020 could also bring more questions about how many of them diners actually need.
Food Transparency
While most Americans are now concerned about food transparency in animal welfare and environmental standards, most people are showing signs of some type of sentience about what they put into their bodies. Analysts say restaurants will increasingly need to show how they make food and where they get it to stay in consumers’ good graces.
