Beyond Meat is facing financial difficulties and is likely to file for Chapter 11 bankruptcy protection due to declining sales, mounting debt, and liquidity issues. The company reported a significant revenue decline in the second quarter of 2025, leading to layoffs and cost-cutting measures. Despite efforts to reinvigorate the brand and diversify its products, Beyond Meat's financial challenges have persisted, with analysts warning of potential insolvency. The plant-based meat market has become increasingly competitive, with consumers favoring whole-food proteins over heavily processed alternatives, further impacting Beyond Meat's sales and market share.