Oat milks like Oatly have a significantly lower impact on the environment than Almond Milk. Oat has roughly 200 employees and offers vegan products in 60,000 retail stores worldwide. Oatly sells vegan products, including ice cream, yogurt, and milk. With over 25 years in the industry, Oatly is a force to be reckoned with. The Swedish brand produces plant-based dairy product alternatives from oats. Oatly is the largest oat milk company in the world. Despite the US Supreme Court siding with Cargill, this case permanently tainted their pristine reputation. In 2021, Cargill was sued for child labor. 2020 was Cargill’s most profitable year with $6.3 billion in profits. The company operates in 66 countries and has over 160,000 employees. Cargill produces glucose syrups, fats for processes foods, and vegetable oils. CargillĬargill is a family-owned farm product distributor. In the first six months of 2021, the company’s sales increased by 28% to $5.1 billion, earning the company $450 million in profits. They now compete with Beyond Meat and several other top plant-based companies. In 2019, Hormel Goods launched their plant-based meat brand – Happy Little Plants. Hormel foods are best known for Skippy, Spam, Applegate, and Columbus. Hormel Foods is a global food company based in the US that owns over 30 brands and employs over 20,000 people. The backlash was settled not long afterward when the FDA stepped in and proved that Impossible Foods’ heme is safe for human consumption in 2021. However, they recently received some backlash in 2020 when the Center for Food Safety sued Impossible Foods for using unhealthy heme. This is the crucial ingredient that sets their products apart from Beyond Meat. Impossible Foods creates their food product by using genetically engineered heme extracted from soy protein. This vegan company also offers sausages and pork. In 2016, they became known worldwide for their iconic Impossible Burger. Impossible Foods is the closest competitor to Beyond Meat. Here is a list of Beyond Meat’s Competitors: #1. Beyond Meat has secured significant partnerships with fast-food giants such as McDonald’s, KFC, and Pizza Hut. Over the past 12 years, the company has expanded into global markets like Canada and the UK. Today, we will be examining Beyond Meat and other plant-based industry leaders.īeyond Meat is a plant-based company founded in El Segundo, California, in 2009 by Ethan Brown. Over the past several decades, plant-based products have become gradually more popular and commonplace. Plant-based nutrition also reduces inflammation, gut health and improves cognitive function. Acquiring a plant-based diet resolves Type 2 diabetes and hypertension. However, plant-based foods are now in 53% of US households. One survey revealed that 2% of Americans identify as vegan. Plant-based nutrition is slowly taking over the world.

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