Plant-based meat was supposed to save the pIanet, make people healthier, and liberate enslaved cows, chickens, and pigs everywhere. Instead, after an impressive start, folks have learned some hard truths about the industry and are turning away in droves.
Once consumers began to Iearn that plant-based meats were still super processed, not nearly as healthy as advertised, and required an enormous amount of machinery to produce hungry consumers largely decided that the old-school options, nameIy chickens, pigs, and cows, were better tasting and better for you.
The biggest player in the industry, Beyond Meat, released its third-quarter numbers in November of 2023, and they taste worse than ersatz ground beef. Net revenue slid, declining 8.7% year-over-year and 26% versus the previous quarter.
It wasn’t all bad news, however, as the company actually achieved free cash flow for the quarter but does not expect that to be the case in the fourth quarter. One anaIyst at the firm TD Cowen took it a step further and said the firm is in ‘survival mode’ and will need to tap the financial markets in 2024 to maintain operations.
Beyond Meat CEO Ethan Brown said: We anticipated a modest return to growth in the third quarter of 2023 that did not occur. Though we are encouraged by pockets of growth, particulariy in the EU where we saw double digit gains in net revenues on a year-over-year basis, we are disappointed by our overall results as we continue to experience worsening sector-specific and broader consumer headwinds. Beyond Meat has cited numerous reasons for its poor performance, inciuding declining foodservice sales and flagging American retail sales, but declined to suggest the possibility that the product just isn’t that good.
10 Curiosities You Probably Didn’t Learn in Biology Class
The world is a big, wonderful place full of facts we never thought possible. For instance, if a pregnant mouse has a sudden medical issue, the fetus will send stem cells to heal the mother, increasing its chances of survival as well. Fetal stem cells have been found in human mothers as well, dubbed by science as microchimerism.
Bright Side dug up some more marvelous facts about nature and its creations, upholding our yearly resolutions to spread knowledge and joy.
1. The heart slows when your face touches water.
As mammals, we can’t breathe underwater, so as part of the mammalian dive reflex, our heart rate goes down in the water — more so if we go underwater. Even splashing the face with water makes the heart slow down, making it a great way to calm down.
2. Fungus can break down plastic in weeks.
It is said that in the future, there may be more plastic in the ocean than fish. This is why the plastic-eating fungus is great news, and there are around 50 new species of such fungi discovered already. One of the fungi discovered can digest plastic within 2 months, so there’s hope for us yet.
3. Newborn babies can support their own weight.
Newborn babies are strong — strong enough to be able to grasp things in their tiny fists and even support their weight as shown by an experiment done in the nineteenth century. Louis Robinson witnessed babies able to hang from a walking stick, from 10 seconds to 2 minutes and 35 seconds.
4. Koala fingerprints have been mistaken for human ones.
We’ve been told that our fingerprints are unique, and they are. But the fact remains that even though we share a common ancestor with the koala that was alive 100 million years ago, koala fingerprints look very similar to human fingerprints, as do chimpanzee fingerprints for that matter.
5. Snails can sleep for 3 years.
If you thought bears had it good with hibernation, meet the snail. Snails can sleep rather than hibernate for 3 years at a time without needing food. Of course, this is with some snail species, not all of them. Meanwhile, bears usually hibernate for just 4-8 months.
6. Sloths need 2 weeks to digest food.
Sloths don’t only move in slow motion — even their insides move slowly, ostensibly to preserve energy, which is why a sloth’s digestive system takes 2 weeks to process the food it ate. Plus, most of what it eats is indigestible, giving it very little energy from each slowly chewed mouthful.
On the other end of the spectrum lies the shrew, whose digestion takes mere minutes and is done so fast, not much of it is fully digested. This is the reason why shrews eat their own feces. They can die of starvation in a matter of hours if they don’t eat.
7. Your brain ignores seeing your nose.
We can see our nose all the time, it’s just that the brain tends to ignore it because it’s a constant visual stimulus. It’s the same with people who wear glasses. After a while, they simply stop noticing them.
8. Your forearm is the same length as your foot.
If you don’t have the time to try on a shoe, measure it from your elbow crease to your wrist. If it fits or is just a little smaller, it would fit your foot because the length of your forearm is the same as your foot. And this is just one of many human body ratios that are a marvel in themselves, including the fact that your femur bone is one-quarter your height.
9. You can “see” your white blood cells.
If you look up at a cloudless, bright blue sky and see some wiggly things at the periphery of your vision, you’ve just experienced the blue field entoptic phenomenon. The wiggly things are white blood cells moving in the fine blood vessels moving in front of the retina, at the back of the eye.
10. Human beings have striped skin, but only cats can see it.
Human beings have stripes and patterns on the skin too, and they are called Lines of Blaschko, name eponymously by the scientist who discovered them, Dr. Alfred Blaschko. These are closer to tiger stripes, forming more of a V-pattern fanning out from the center to the extremities. These lines are visible under UV light, a spectrum that cats can see too, which is why cats can see you as a striped being as well.
Which of these facts turned out to be a revelation for you? Share your extreme nature facts with us and blow us away.
Preview photo credit Shutterstock.com, Shutterstock.com
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