News

Plant-Based Food

McDonald's To Offer New Plant-Based Burger in US Restaurants by Beyond Meat

Kimberly Redmond | Equities.com |

McDonald’s Corporation (NYSE: MCD) will soon launch a small-scale rollout in the US of a new plant-based burger developed with faux-meat maker Beyond Meat Inc (Nasdaq: BYND).

Starting Nov. 3, the "McPlant" will be on the menu at eight locations in Texas, Louisiana, Iowa and California as part of a trial run to help gauge customer interest in the meatless offering, McDonald’s announced Thursday.


Beyond Meat To Launch Meatless Chicken Tenders at Grocery Stores in October

Kimberly Redmond | Equities.com |

Beyond Meat Inc’s (Nasdaq: BYND) meatless chicken tenders will be available for purchase at select grocery stores nationwide starting next month, the faux meat company said Monday.

The announcement follows a successful launch of Beyond Chicken Tenders at more than 400 restaurants across the US in July, according to the company.


Dunkin' Removes Beyond Meat Offerings From National Menu

Kimberly Redmond | Equities.com |

Plant-based protein company Beyond Meat Inc’s (Nasdaq: BYND) breakfast sandwich and breakfast wraps are no longer being served at Dunkin’ locations nationwide.

The Inspire Brands-owned coffee and doughnut chain first began selling the faux-meat breakfast items at all of its 9,000 US locations in 2019, but Beyond Meat will now only be available at a few hundred shops, Fox News reported.


Impossible Foods in Discussions for Potential IPO or SPAC Merger

Kimberly Redmond | Equities.com |

Impossible Foods Inc is preparing for a public listing which could value the plant-based burger maker at more than $10 billion, according to a report.

Reuters, citing confidential sources, reported Thursday that the faux meat maker is exploring going public through an initial public offering in the next 12 months or a merger with a special purpose acquisition company.


Beyond Meat Partners With McDonald's and Yum! Brands

Kimberly Redmond | Equities.com |

Plant-based food company Beyond Meat Inc (Nasdaq: BYND) announced distribution agreements with fast-food giants to help increase the number of meatless offerings available on restaurant menus.

On Thursday, the Los Angeles-based faux meat maker announced three-year distribution agreements with McDonald’s Corporation (NYSE: MCD) and Yum! Brands (NYSE: YUM), the parent company of Taco Bell, KFC and Pizza Hut.


Nestlé Introduces Non-Dairy Version of KitKat Candy Bar

Kimberly Redmond | Equities.com |

Nestlé S.A. unveiled plans to launch a vegan version of its iconic KitKat candy bar.

The new plant-based option, called KitKat V, will be introduced later this year in several countries as part of a test run before expanding worldwide, the Switzerland-based food and beverage company announced Monday.

Developed by Nestlé’s confectionery research and developed center ...


Starbucks Testing One Seattle Location With 100% Plant-Based Menu

Kimberly Redmond | Equities.com |

Starbucks Corporation, which has added a growing number of plant-based options to its menu in recent months, is going a step further by testing a location with nothing but plant-based food.

During the Seattle-based coffee giant’s Q1 earnings call last week, executives said they’ve transformed a store in Washington into a test site for a 100% plant-based menu, replacing the chain’s typical animal proteins with vegan-friendly alternatives. (https://seekingalpha...


McDonald's Trials Plant-Based Burger in Denmark and Sweden

Kimberly Redmond | Equities.com |

McDonald’s Corp plant-based burger is now on the menu in Denmark and Sweden as part of a trial run to help the chain gauge customer interest in the meatless offering before a widescale rollout.

The fast-food powerhouse began testing the McPlant, a plant-based burger featuring a patty co-developed with faux-meat manufacturer Beyond Meat Inc, in a handful of locations abroad last month, Bloomberg reported.

McDonald’s chief executive officer Chris Kempczi...


Beyond Meat and Pepsi Form Joint Venture for Plant-Based Snacks and Drinks

Kimberly Redmond | Equities.com |

Beyond Meat and PepsiCo are forming a joint venture to develop a new line of snacks and beverages made with plant-based proteins.

Under the partnership announced Tuesday, Beyond Meat, one of the leading "meat alternatives" companies, will have access to PepsiCo’s distribution system and product line, which includes Gatorade, Cheetos, Quaker Oats and Tostitos.


Beyond Meat Posts Surprise Loss in Q3, Widely Missing Estimates

Reuters | Equities.com |

Beyond Meat Inc's shares sank 22% on Tuesday as a slowdown in the pace of sales growth for its plant-based meat shocked investors, while a surprise announcement of a tie up with McDonald's Corp created more confusion than hunger on Wall Street.

The faux meat maker’s shares surged nearly 90% over the last year, as the company emerged as one of the leaders of a plant-based meat trend that has had fast-food chains falling over themselves in a rush to get the veggie products on their menus.

However, Beyond Meat said on Monday COVID-19 restrictions were cutting sales at many of the restaurants and food-service joints it supplies, while initial stocking up of its plant-based burgers and sausages at grocery stores had tapered down, leading to a surprise quarterly loss.


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