Pan’s Mushroom Jerky is a vegan, gluten-free, and high-protein snack that gained widespread popularity after its appearance on the hit television show Shark Tank. The product was pitched by Michael Pan, the founder of the company, who impressed the investors with his unique and sustainable approach to making jerky.
Pan’s Mushroom Jerky is made from shiitake mushrooms, which are marinated and dehydrated to create a chewy, meat-like texture. The product is available in four flavors: Zesty Thai, Original, Applewood BBQ, and Sea Salt & Pepper [1].
After its appearance on Shark Tank, Pan’s Mushroom Jerky received an investment from Mark Cuban, who recognized the potential of the product and its innovative approach to creating plant-based jerky. The investment helped the company to expand its operations and increase its distribution, which led to increased sales and a growing fanbase.
Since its appearance on Shark Tank, Pan’s Mushroom Jerky has continued to gain popularity, particularly among health-conscious consumers who are looking for plant-based alternatives to traditional meat jerky. The product has also received recognition from a number of media outlets and organizations, including PETA, which named Pan’s Mushroom Jerky as one of its top vegan snacks of 2021.
In this article, we will explore the story of Pan’s Mushroom Jerky and what has happened to the company since its appearance on Shark Tank. We will examine the challenges that the company has faced as it has grown and expanded, as well as the strategies that it has used to overcome these challenges.
We will also take a closer look at the ingredients and production process behind Pan’s Mushroom Jerky, and what sets it apart from other plant-based jerky products on the market. Overall, this article will provide an in-depth look at one of the most innovative and successful plant-based snacks on the market today.
What Is Pan’s Mushroom Jerky?
Pan’s Mushroom Jerky is a plant-based snack made with shiitake mushrooms. It has a savory, meaty flavor and a satisfying texture that make it a popular vegan alternative to traditional jerky. The recipe for Pan’s Mushroom Jerky was created by founder Michael Pan’s family and has been updated with new flavors and ingredients over time [2].
Pan’s Mushroom Jerky comes in several different flavors, including:
- Original;
- Zesty Thai;
- Salt & Pepper;
- Applewood BBQ;
The ingredients for the original flavor are Dried Shiitake Mushrooms, Water, Avocado Oil, Organic Coconut Sugar, Himalayan Pink Salt, and Organic Chia Seeds.
The ingredients for the zesty Thai flavor are similar, but with the addition of Organic Thai Seasoning (garlic, onion, lemon peel, red pepper flakes, ginger, and cilantro), while the Salt & Pepper flavor includes Organic Black Pepper in the seasoning. The Applewood BBQ flavor includes additional ingredients such as tomato paste, smoked paprika, and onion powder.
All of Pan’s Mushroom Jerky products are vegan and gluten-free, and they use organic, sustainably sourced ingredients. The shiitake mushrooms used in the jerky are dried and marinated to create a savory, meaty flavor and texture that are similar to traditional jerky. Pan’s Mushroom Jerky is also high in fiber and vitamin D, making it a healthy and sustainable snack option [3].
About The Founders Of Pan’s Mushroom Jerky
Pan’s Mushroom Jerky was founded by Michael Pan and his family, who developed the recipe for the snack many years ago. Michael noticed there were few plant-based snacks that could match the satisfying texture and flavor of traditional meat jerky, so he turned to his family’s recipe for mushroom jerky. The initial recipe was a family secret, but over time it was updated and refined with new flavors and ingredients to create the delicious jerky that is now sold by Pan’s Mushroom Jerky.
Michael grew up in a family that appreciated fresh, healthy food, and he has continued to incorporate these values into his business. He believes that people should have access to healthy and sustainable snack options that are good for their bodies and for the planet. This is why Pan’s Mushroom Jerky is made with organic, sustainably sourced ingredients and is free from additives and preservatives.
Michael and his team also work hard to minimize the company’s environmental impact. They use renewable energy sources for their production facilities and packaging, and they prioritize reducing waste and carbon emissions. Additionally, Pan’s Mushroom Jerky is vegan and gluten-free, which makes it accessible to people with a variety of dietary restrictions.
As a member of the Asian-American community, Michael is proud to share his family’s recipe and culture through his business. He hopes to inspire others to explore Asian cuisine and flavors, and to showcase the potential of mushrooms as a nutritious and delicious snack food [4].
In addition to running Pan’s Mushroom Jerky, Michael is actively involved in the community and works to promote sustainability and healthy living. He is also a strong advocate for animal welfare and is committed to promoting plant-based alternatives to meat products.
The Pitch Of Pan’s Mushroom Jerky At Shark Tank
Michael Pan, the founder of Pan’s Mushroom Jerky, pitched his company on an episode of Shark Tank during season 12. He asked the Sharks for $300,000 in exchange for a 10% stake in his business.
During the pitch, Michael explained that Pan’s Mushroom Jerky is a plant-based alternative to traditional meat jerky made with shiitake mushrooms. He emphasized that the jerky is vegan, gluten-free, and made with sustainably sourced ingredients.
The Sharks were impressed by Michael’s passion for healthy and sustainable snack options, as well as the unique flavor and texture of the mushroom jerky. They also appreciated the fact that Pan’s Mushroom Jerky is an environmentally responsible snack option.
Since its Shark Tank appearance, Pan’s Mushroom Jerky has continued to grow in popularity and expand its product offerings. The company now sells its mushroom jerky in a variety of flavors and has even created a mushroom-based jerky crumble that can be used as a topping or ingredient in other dishes.
Overall, Michael Pan’s pitch on Shark Tank was successful in securing the investment he was seeking and introducing the world to the delicious and healthy snack option that is Pan’s Mushroom Jerky.
Pan’s Mushroom Jerky After The Shark Tank
After appearing on Shark Tank in season 12 and securing a deal with Mark Cuban and Lori Greiner, Pan’s Mushroom Jerky has continued to grow in popularity and expand its product offerings.
According to several sources, including Shark Tank Talks and Cuban’s website, Pan’s Mushroom Jerky has experienced significant growth since its appearance on the show. Its net worth has increased to $1.6 million, and its products are now available in over 900 retail stores in the United States.
The company has also expanded its product line to include a variety of flavors of mushroom jerky, as well as a jerky crumble that can be used as a topping or ingredient in other dishes. Additionally, Pan’s Mushroom Jerky has won several awards and accolades for its innovative and sustainable snack options.
Overall, Pan’s Mushroom Jerky has capitalized on its Shark Tank appearance and continued to grow and expand its offerings. With its commitment to healthy, sustainable ingredients and its delicious and unique flavor options, it has established itself as a leader in the plant-based snack industry.
The Net Worth Of Pan’s Mushroom Jerky
As of 2022 and 2023, the net worth of Pan’s Mushroom Jerky is estimated to be around $1.6 to $1.7 million, according to various sources including Shark Tank Talks, Mark Cuban’s website, and Insider Growth [6]. The company has experienced significant growth since its appearance on Shark Tank in season 12 and has expanded its product offerings and availability in retail stores throughout the United States. Overall, Pan’s Mushroom Jerky has established itself as a successful and innovative player in the plant-based snack industry.
Pan’s Mushroom Jerky On Social Media
On Instagram, the brand shares content related to its mushroom jerky, including product promotions, recipes, and fan-created content.
The Twitter account of the company also shares recipes, news, and updates related to the brand.
On Facebook, the company has a page where they post stories, promotions, and new product announcements [7].
They also have a Pan’s Points rewards program and encourage customers to engage with their brand on social media to earn points. Overall, following Pan’s Mushroom Jerky on social media is a great way to stay up-to-date on its product offerings and promotions.
Alternatives To Pan’s Mushroom Jerky:
- Moku Foods offers a variety of vegan jerky products made from plant-based ingredients such as mushrooms, jackfruit, and more. Their products are high in protein, gluten-free, and come in different flavors such as teriyaki, barbecue, and sweet chili;
- Savory Wild’s mushroom jerky is made from 100% organic mushrooms and comes in flavors such as portabella, shiitake, and black trumpet. Their products are vegan, gluten-free, and a great source of protein;
- Eat the Change offers a variety of plant-based snacks, including mushroom jerky made from organic shiitake mushrooms. Their products are vegan and gluten-free. This jerky comes in flavors such as sea salt and cracked pepper, teriyaki, and maple mustard;
- Vegky’s vegan jerky products are made from soy protein and come in flavors such as black pepper, curry, and teriyaki. Their products are high in protein, gluten-free, and a great snack option for vegans and vegetarians;
- Jewels of Forest’s mushroom jerky is made from organic, sustainably harvested mushrooms and comes in flavors such as spicy and original. Their products are vegan, gluten-free, and a good source of antioxidants;
- Holy Shiitake! Jerky offers a variety of mushroom jerky products made from organic shiitake mushrooms. Their products are vegan and gluten-free, and come in different flavors such as teriyaki, spicy red pepper, and sweet chipotle;
Other alternatives to Pan’s Mushroom Jerky include Primal Spirit Vegan Jerky, Louisville Vegan Jerky, Noble Jerky, Wild Joy Goods Vegan Jerky, The New Primal Beef Jerky, EPIC Provisions Beef Jerky, Krave Beef Jerky, Think Jerky, CHOMPS Grass-Fed Beef Jerky Sticks, Country Archer Jerky Co [9].
FAQ:
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How is Pan’s Mushroom Jerky doing now?
Pan’s Mushroom Jerky is doing very well now. Since its appearance on Shark Tank, the company has experienced significant growth and success. The product has gained a devoted fanbase, and the company has expanded its distribution to many retailers across the United States, including Whole Foods and Amazon. The company has also launched new flavors and products, including a mushroom-based seasoning blend and a vegan jerky variety pack.
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Did Pan’s Mushroom Jerky get a deal on Shark Tank?
Yes, Pan’s Mushroom Jerky did get a deal on Shark Tank. Mark Cuban invested $300,000 in exchange for 18% equity in the company [9].
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Who owns Pan’s jerky?
Pan’s Mushroom Jerky was founded by Michael Pan, who still owns the company today.
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Has any Shark Tank deals failed?
Yes, there have been Shark Tank deals that failed. Some entrepreneurs have not been able to follow through on their business plans or deliver their promised products, leading to the failure of the deals.
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Who invested in Pan’s Mushroom Jerky?
Mark Cuban invested in Pan’s Mushroom Jerky during its appearance on Shark Tank.
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Is Pan’s Mushroom Jerky healthy?
Yes, Pan’s Mushroom Jerky is generally considered a healthy snack. It is vegan, gluten-free, and high in protein, and contains no artificial flavors or preservatives.
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How long does Mushroom Jerky last?
Mushroom jerky can last for several months when stored properly in a cool, dry place.
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Is Pan’s jerky vegan?
Yes, Pan’s Mushroom Jerky is vegan.
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Does Mushroom Jerky taste like meat?
Pan’s Mushroom Jerky has a texture and flavor that is similar to meat jerky, but with a distinctive mushroom taste.
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Is jerky actually cooked?
Yes, jerky is cooked, but at a low temperature for a long period of time to dehydrate the meat or other ingredients.
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Is jerky pork or beef?
Jerky can be made from various types of meat, including pork, beef, and turkey. However, Pan’s Mushroom Jerky is made from shiitake mushrooms and is vegan.
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Is Pan’s Mushroom Jerky kosher?
Pan’s Mushroom Jerky is not certified kosher.
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Why does jerky go bad?
Jerky can go bad if it is not stored properly or if it is exposed to moisture or heat. It can also go bad if it is made with low-quality ingredients or if it is not cooked and dehydrated properly.
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Can you eat jerky after 3 days?
It is generally safe to eat jerky after 3 days if it has been properly stored and if there are no signs of spoilage, such as mold or an off smell or taste.
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Does dried jerky go bad?
Yes, dried jerky can go bad if it is not stored properly or if it is made with low-quality ingredients.
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Is jerky better than chips?
Whether jerky or chips is better depends on personal preference and dietary needs. Jerky is generally considered a healthier snack option due to its high protein content, but chips may be more convenient and readily available.
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Where is Pan’s Jerky from?
Pan’s Mushroom Jerky is based in Portland, Oregon, in the United States.
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Who made the most money after Shark Tank?
Many Shark Tank deals have been highly successful, but one of the most successful deals was with the company Ring, which was acquired by Amazon for over $1 billion in 2018. Another highly successful deal was with Scrub Daddy, a cleaning product that has reportedly made over $100 million in sales since its appearance on the show [10].
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How much jerky does 1kg make?
The amount of jerky that can be made from 1kg of meat depends on the thickness of the slices and the amount of moisture removed during the drying process. Generally, 1kg of meat can produce around 200-300 grams of jerky [11].
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Why is jerky so expensive for so little?
Jerky can be expensive because it is made from high-quality meat and requires a lengthy and labor-intensive production process. Additionally, the dehydration process removes a significant amount of moisture, reducing the weight of the final product and increasing its cost per ounce.
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Is jerky OK for weight loss?
Jerky can be a good snack option for weight loss due to its high protein content and relatively low-calorie count. However, it is important to choose jerky that is low in sodium and free from added sugars or preservatives.
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Can beef jerky last 10 years?
Beef jerky can last for a long time when stored properly in an airtight container in a cool, dry place. However, it is unlikely to remain fresh and tasty for 10 years. Over time, the texture and flavor of the jerky may degrade.
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Can you freeze jerky?
Yes, jerky can be frozen for longer-term storage. To freeze jerky, wrap it tightly in plastic wrap and place it in an airtight container or freezer bag. Frozen jerky can last for several months.
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Is jerky hard to digest?
Jerky can be difficult to digest for some people, particularly those with sensitive digestive systems. The dehydration process can make the meat tougher and harder to digest, and some jerky products may also contain added spices or preservatives that can cause digestive issues.
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Is beef jerky OK during pregnancy?
Beef jerky can be a good source of protein for pregnant women, but it is important to choose high-quality products that are free from added sugars, preservatives, or excessive sodium. Pregnant women should also avoid jerky that is made from unpasteurized meats or that has been stored at room temperature for long periods of time, as these products can increase the risk of foodborne illness.
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Is Pan’s Mushroom Jerky vegan?
Yes, all of their jerky products are 100% plant-based, vegan, and gluten-free [12].
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What kind of mushrooms do you use to make the jerky?
This jerky is made from shiitake mushrooms that are grown and harvested using sustainable farming practices.
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Are there any preservatives or artificial flavors in the jerky?
No, they use only simple and natural ingredients including organic soy sauce, organic cane sugar, and organic rice vinegar to season our jerky.
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What flavors of jerky do you offer?
They offer flavors such as Original, Applewood BBQ, Zesty Thai, and Sea Salt & Cracked Pepper. They also have a jerky crumble that can be used as a topping or ingredient in other dishes.
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Where can I buy Pan’s Mushroom Jerky?
Their jerky products are available in over 900 retail stores throughout the United States, and also online through our website and select online retailers [13].
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Are there any allergens in the jerky?
This jerky contains soy but is otherwise free of major allergens including dairy, nuts, and wheat. However, we encourage customers to check the ingredients list and consult with their doctor or nutritionist if they have any concerns.
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Do they offer any rewards or loyalty programs?
Yes, they have a Pan’s Points rewards program that allows customers to earn points for purchases and other activities that can be redeemed for discounts on future orders.
Useful Video: Shark Tank US | Sharks Fight To Get A Deal With Pan’s Mushroom Jerky
References:
- https://www.mashed.com/954936/what-happened-to-pans-mushroom-jerky-after-shark-tank
- https://sharktanktalks.com/pans-mushroom-jerky-shark-tank-update/
- https://www.looper.com/1145011/whatever-happened-to-pans-mushroom-jerky-after-shark-tank/
- https://yen.com.gh/facts-lifehacks/218558-what-happened-pans-mushroom-jerky-shark-tank-know/
- https://www.thedailymeal.com/1187714/where-is-pans-mushroom-jerky-from-shark-tank-today/
- https://www.sharktankblog.com/business/pans-mushroom-jerky/
- https://sharktankrecap.com/pans-mushroom-jerky-update-season-12/
- https://www.pinoymoneytalk.com/mushroom-jerky-shark-tank-update/
- https://techiegamers.com/pans-mushroom-jerky-net-worth/
- https://biznewske.com/pans-mushroom-jerky-shark-tank-net-worth/
- https://markcubancompanies.com/companies/pansmushroomjerky/
- https://www.newhope.com/people-and-company-profiles/pans-mushroom-jerky-wins-shark-tank-deal-prepares-expand-production
- https://veganessentials.com/products/pan-s-mushroom-jerky-original