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Beyond Meat stock has more than tripled from its March lows. It also noted the use of antibiotics in the livestock industry will present greater risks for human and animal infection.But it was the word he used to describe the Asian opportunity that was about as dramatic as CFO talk ever gets. Sinodis, a subsidiary of French group Savencia, is a distributor of imported food products to more than 4500 wholesalers, restaurant chains, and hotels in China.“This latest investment in production capacity reflects our continued commitment to serving global markets,” said Ethan Brown, CEO of Beyond Meat. So this deal isn't as big as Beyond Meat's partnership with Starbucks. Beyond Meat is booming in the U.S., which has the highest level of animal-based meat consumption per person on a global basis and where meat is the largest category in … It's the third largest consumer of beef in the world and its largest exporter. Beyond Meat said it expected the expansion to be completed by the summer. He said that the R&D for regional development would not be a “massive investment” for the company. 05.08.2018. If Beyond Meat can find an audience in a country like that, it can succeed anywhere.Stock Advisor launched in February of 2002. EL SEGUNDO, CALIF. — Beyond Meat, Inc. is expanding production overseas through a partnership with Zandbergen World’s Finest Meat, Zoeterwoude, The Netherlands. Pork industry safety scandals, public health campaigns designed to encourage the consumption of lower fat protein options, and recent bird flu epidemics led to beef and veal becoming the fastest-growing meat category in volume in recent years, Euromonitor found.Sign up for free newsletters and get more CNBC delivered to your inboxIn its IPO filing, Beyond Meat stated, "In markets excluding the United States, the amount of meat consumed has more than doubled in the past two decades from 120 million tons in 1997 to 280 million tons in 2017, according to the OECD."Responding to a question from an analyst on the quarterly earnings conference call about the international opportunity and how much of the growth it will drive going forward, Nelson said it is an important "but still pretty small percentage of our overall revenue." He noted that Europe and Asia are "very significant" markets for its products and pointed to the fact that Europe already has a "very well-developed market" for plant-based proteins. In Japan, Otsuka Foods launched the market's first plant-based protein burgers last year.Data is a real-time snapshot *Data is delayed at least 15 minutes. If beef lovers in Sao Paulo can be persuaded to try the plant-based alternative, perhaps investors can expect Beyond Meat's expanded distribution in Brazil in time.That would be a big victory because Brazil is cattle country. ... Asia is absolutely a strong part of our strategy."In March, Beyond Meat introduced its plant-based protein burger in Singapore. By Staff .

But it is nonetheless significant because it's a new market. We want to hear from you.Get this delivered to your inbox, and more info about our products and services.In 2017 and 2018, international sales represented only approximately 1% and 7% of Beyond Meat sales, but the company expects international sales to "grow substantially in the future ... and contribute an increasing share of our net revenues in coming periods."International is growing more quickly than the company expected, its management team said on the earnings call.

Beyond Meat had a plump fourth ... (attributed to investments in R&D and international expansion), the growth rates in the business support aggressive investment to support future profits. Today's announcement demonstrates how serious he is.Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. “The company has found extensive success in the US market, doubling sales in 2017 and increasing distribution of its portfolio to more than 27,000 grocery stores and restaurants ,” said Beyond Meat CEO Ethan Brown. In Brazil, St Marche is a relatively small grocery chain; its website shows only 19 locations. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.Beyond Meat has been planning for international expansion since well before its public debut.

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