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Beyond Meat stock price remains pressured as analysts expect industry obstacles to remain

Beyond Meat stock price remains pressured as analysts expect industry obstacles to remain December 28, 2020 The plant-based meat industry is worth roughly $20.7 billion and is expected to reach $23.2 billion by 2024 However, some industry-wide challenges remain in place as we head into 2021 Beyond Meat stock price closed the last week lower to swing into the red territory for December Shares of Beyond Meat (NASDAQ: BYND) closed 5.62% lower last week as the price action struggles to recover from a sharp selloff that started in October. Fundamental analysis: Industry challenges to remain The plant-based meat industry has seen growth in demand and even though it is expected to keep rising, analysts believe the industry still has to face certain obstacles in some parts of the world.

Elaine siuSimon powellJefferies groupGood food institute asia pacificBeyond meatGoogle trendsGood food institute asiaஎலைன் சீுசிமோன் போவல்ஜெஃப்பெரிஸ் குழுநல்ல உணவு நிறுவனம் ஆசியா பெஸிஃபிக்அப்பால் இறைச்சிகூகிள் போக்குகள்நல்ல உணவு நிறுவனம் ஆசியா

The plant-based meat industry has grown into a $20 billion business — but challenges remain

The plant-based meat industry has grown into a $20 billion business but challenges remain CNBC 25/12/2020 Abigail Ng The global meat substitutes sector is worth $20.7 billion, and is set to grow to $23.2 billion by 2024, market research company Euromonitor told CNBC. Demand for meat alternatives has grown and will continue to rise, but the industry still has hurdles to overcome in different parts of the world, analysts said. That includes cultural barriers, objections from incumbent meat companies and the risk of an incident that affects consumer confidence. © Provided by CNBC A visitor tries a plant-based meat substitute product at the Restaurant & Bar and Gourmet Asia expo at the Hong Kong Convention and Exhibition centre in Hong Kong on November 11, 2020.

United statesHong kongElaine siuSimon powellGood food institute asia pacificHong kong conventionUs cattlemen associationGourmet asiaBeyond meatGood food institute asiaEuropean unionஒன்றுபட்டது மாநிலங்களில்ஹாங் காங்எலைன் சீுசிமோன் போவல்நல்ல உணவு நிறுவனம் ஆசியா பெஸிஃபிக்

Ryan Huling | South China Morning Post

Ryan Huling | South China Morning Post
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Ryan hulingGood food institute asia pacificAgriculture organisation of the united nationsGood food institute asiaAgriculture organisationரியான் ஹ்யூலிஂக்நல்ல உணவு நிறுவனம் ஆசியா பெஸிஃபிக்நல்ல உணவு நிறுவனம் ஆசியா