Beyond Meat is struggling to stay afloat as sales slump and losses mount, according to a report by the Economic Times.
The plant-based meat maker, once a pioneer in the alternative protein market, is weighing the possibility of filing for bankruptcy. The company has faced declining demand, increased competition, and rising costs, which have pressured its financial position.
The Economic Times reports that Beyond Meat is working with advisers to explore restructuring options, though no final decision has been made.
