This Startup Has Created a Plant-Based Chip That Almost Tastes Like BaconPigOut is made of mushrooms, and its creator worked at Beyond Meat and Just.

ByStephen J. Bronner

Courtesy of Outstanding Foods

A startup has created a chip that tastes very much like bacon but is made from mushrooms, and it will soon be on the shelves of Whole Foods, Sprouts, Wegmans, Kroger and other retailers.

Outstanding Foods -- founded by Dave Anderson, who helped develop products at Beyond Meat and Just, and Bill Glaser, a serial entrepreneur -- has secured distribution with UNFI for the product,PigOut. The company has raised more than $4 million and is backed by big names such as James Altucher, Cesar Millan, Jesse Itzler, Emily Deschanel and Alan Cumming.

"We're right at the convergence of two really strong trends -- plant-based foods and better-for-you snacks," Glaser said. "Our mission is to make it easy for anyone to eat plant-based foods, and we saw the flavor of bacon as being extremely popular. We wanted to own a category and come out with something that was really unique and innovative."

Related:Plant-Based Egg From Just to Soon Be Available Nationwide in Whole Foods

Image Credit: Courtesy of Outstanding Foods

PigOut is made from king oyster mushroom using a proprietary process to reduce fat, as mushrooms absorb liquids such as oil, Glaser said. The company is currently seeking a patent on the process, and Glaser said it plans to license it to other chip makers, since it also works with potatoes.

Outstanding Foods also plans to introduce other pork-like products, including plant-based bacon strips and pork rinds. It also wants to expand to other proteins, such as chicken and beef.

"We see PigOut not as as the entirety of our business, but a gateway to really establish our brand and then introduce other products after that," Glaser said.

The staff of狗万官方enjoyed a sample bag of PigOut provided by the company, with some saying it tasted like a better version of Bacos. We also were charmed by PigOut's cute pig mascot, who doesn't have a name yet. Glaser said the company plans to hold a contest and take suggestions from fans for a name.
Wavy Line
Stephen J. Bronner

Entrepreneur Staff

News Director

Stephen J. Bronner writes mostly about packaged foods. His weekly column isThe Digest. He is very much on top of his email.

Editor's Pick

Related Topics

Business News

McDonald's Is Launching a Spinoff Restaurant Chain Based on a Beloved, Blast-From-the-Past Mascot

The company saw a lot of success with another former mascot, Grimace, in June.

Business News

An 81-Year-Old Florida CEO Just Indicted for a $250 Million Ponzi Scheme Ran a Sprawling Senior Citizen Crime Ring

Carl Ruderman is the fifth senior citizen in the Miami-Fort-Lauderdale-Palm Beach metropolitan area to face charges in connection with the scam.

Business News

Body of Missing 27-Year-Old Goldman Sachs Banker Found in Nearby Body of Water

John Castic, a 27-year-old Goldman Sachs employee, went missing around 2:30 a.m. on Saturday after attending a concert at the Brooklyn Mirage in East Williamsburg.

Business News

Taco Bell Slammed With Lawsuit Over 'Especially Concerning' Advertisements, Allegedly Deceiving Customers

The class action lawsuit claims the chain is advertising more than they deliver.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Business Culture

The Newest Workplace Trend Has HR Sounding The Alarm

HR departments are still figuring out how to handle "quiet quitting," but a new trend is taking over.