'Everything Legendary' is an alternative meat product manufacturer based in Maryland that focuses on creating plant-based meat products. The company currently sells two plant-based beef products: patties and ground beef. However, in a recent round of "Series A" funding, Everything Legendary raised approximately $6 million for research and development of new plant-based meats.
The products explicitly outlined by Everything Legendary include plant-based boneless chickens, chicken wings, sausages, and breakfast patties. The company currently sells its product base in roughly 1,500 retail locations across the country, and it is expected to utilize the $6 million in funding to expand to over 5,600 locations by mid-2022. Everything Legendary wants to deliver satisfying, tasty meat alternatives to not only alleviate the strain on the agricultural supply chain but to also promote healthier eating habits to its market base.
American Plant-Based Meat Expansions
Everything Legendary Raised $6 Million to Develop New Foods
Trend Themes
1. Plant-based Meat Expansion - The expansion of plant-based meat continues to be a popular trend, with companies like Everything Legendary raising funds for research and development of new meat alternatives.
2. Healthy Eating Promotion - Companies like Everything Legendary are promoting healthier eating habits through the creation of delicious and satisfying plant-based meat alternatives.
3. Alleviating Agricultural Strain - Plant-based meat products like those being developed by Everything Legendary can help alleviate strain on the agricultural supply chain and create a more sustainable food system for the future.
Industry Implications
1. Alternative Meat Production - Alternative meat product manufacturers like Everything Legendary continue to drive innovation in the industry and expand the range of plant-based meat options available for consumers.
2. Retail Industry - Companies like Everything Legendary are expanding their product base to more retail locations, providing opportunities for growth within the retail industry.
3. Food Technology - The development of new plant-based meats requires innovation in food technology, creating opportunities for startups and established companies alike to invest in this growing field.