But as of Sept. 5, 2019, you can get Beyond Meat meatball subs at select locations for a … Market data provided by Factset. In the midst of the coronavirus pandemic, meatless products have been growing in popularity throughout Asia. Taco Bell ® Vegetarian Menu Following the successful trial, the meat giant revealed it will now roll out an entire range of plant-based products throughout the country. Taco Bell is beefing up its meatless menu. California-based plant-based meat company Beyond Meat has just announced new partnerships with Taco Bell, KFC, and Pizza Hut in China. It's going to be a good year for Taco Bell fans with a meat-free lifestyle. Per Insider, Beyond Meat’s shares were down yesterday after CNBC reported that Taco Bell would not be collaborating with Beyond Meat or Impossible Foods to bring fake meat to its menu. Brand Foods, parent brand to Taco Bell, KFC, and Pizza Hut, revealed the details in a press release. After announcing in January that it would be testing its first dedicated vegetarian menu this year, Taco Bell revealed on Wednesday that the chain is not planning on working with Beyond Meat or Impossible Foods to add plant-based meat to its menu. Brand Foods, parent brand to Taco Bell, KFC, and Pizza Hut, revealed the details in a press release. Write CSS OR LESS and hit save. A study by Deliveroo Hong Kong revealed vegan food orders are skyrocketing in the region. All rights reserved. International coffee chain Starbucks added five Beyond Meat products to its lunch menu in more than 3,000 of its China locations. CTRL + SPACE for auto-complete. The move comes as a number of chains cater to consumer demand for alternative proteins. FOX Business' Jeff Flock with more on Taco Bell inflating managers' salaries. In a statement, Jackson Chan, the managing director of Cargill Protein China, said: “the launch is just the beginning and we look forward to continuing to innovate.”. Taco Bell Doubles Down on Refusal to Add Beyond Meat, Impossible Menu Options While competing chain Del Taco expands its Beyond Meat partnership after selling two million plant-based meat tacos in two months, Taco Bell will focus on promoting its existing vegetarian menu. Add 1/2 cup vegetable stock and saute meat and spices for 1-2 minutes until the stock has been reduced by half. The fried-chicken chain has sold plant-based nuggets in trials in California and Georgia. Per Insider, Beyond Meat’s shares were down yesterday after CNBC reported that Taco Bell would not be collaborating with Beyond Meat or Impossible Foods to bring fake meat to its menu. Following the success of the trial in Atlanta—which saw the vegan meat sell out in less than five hours—KFC trialed the menu item in more than 70 locations in Charlotte, Nashville, in February. Powered and implemented by FactSet Digital Solutions. Yum! Updated 06.01.20 – Taco Bell, KFC, and Pizza Hut in China just announced new partnerships with Beyond Meat.. Yum! Both plant-based meat producers face fierce competition from each other and other companies like Tyson to secure partnerships with restaurants and grocery stores in an effort to carve out a bigger share of the $14 billion alternative meat market, which has the potential to grow into a $140 billion industry. Taco Bell, also owned by Yum, said earlier this year that it was working on creating faux meat dishes. 2 best-selling item, CNBC reports. KFC, Taco Bell. As of May, the delivery service says plant-based food orders in Hong Kong have increased by 104 percent compared to the same time period last year. Legal Statement. The chain recently announced its … King has reportedly already met with alternative meat companies Impossible Foods and Beyond Meat since taking on the new role at Taco Bell. The new brand, called PlantEver, will launch at the end of June. Quotes displayed in real-time or delayed by at least 15 minutes. By signing up you agree to receive emails from LIVEKINDLY and accept our terms of use and privacy & cookie policy. The bean burrito — consisting of refried beans, cheese, onions, and red sauce in a tortilla — is Taco Bell’s no. From June 3, KFC will offer the Beyond Burger as a 3-day limited time offer at five locations in Beijing, Chengdu, Hangzhou, and Shanghai. In 2016, the Chinese government released an updated set of dietary guidelines that recommended a limit in the consumption of meat in order to combat diabetes and cardiovascular diseases. “We’re proud to expand our partnership with KFC into China, one of their largest markets worldwide, as well as introduce a new partnership with Pizza Hut in China,” a spokesperson for Beyond Meat told Bloomberg in an email. “We’ll be sharing more details soon.”. According to a company blog post, approximately nine percent of all items ordered at Taco Bell are either vegetarian or made vegetarian by customization, accounting for the sale of 350 million vegetarian items a year. June 20, 2019 “We’ve met with Beyond, we’ve met with Impossible,” Julie Felss Masino, Taco Bell’s president of North American operations, told CNBC. Neither Taco Bell®, our employees, nor our franchisees nor the AVA assume any responsibility for such cross contact. The partnership was so successful, the chain decided to roll out meatless burritos at all of its 580 locations nationwide for $1 more than its beef burrito. Taco Bell, Pizza Hut, and KFC Just Partnered With Beyond Meat In... Vegan Stock Alert: Eat Beyond Announces IPO, Beyond Burgers to Launch in 7,000 CVS Stores, You Can Search for Vegan Businesses In New Toyota and Lexus Cars, Another Successful Vegan Food Company IPO. The plant-based nuggets, which were available in Shanghai, Shenzhen, and Guangzhou, sold out quickly. In April, Cargill trialed vegan chicken nuggets at three KFC locations in China. Beyond Meat first partnered with KFC last August to produce Beyond Fried Chicken. Mutual Fund and ETF data provided by Refinitiv Lipper. Pizza Hut will launch its first-ever burger option by testing a flexitarian combo set. This includes both a Beyond Burger and an Australian sirloin steak burger. While other chains like Burger King, White Castle, and even taco competitor Del Taco have focused on meatless beef alternatives, Masino told Insider that Taco Bell is doubling down on its existing vegetarian protein options: the refried beans, black beans, and potatoes that already make Taco Bell an attractive option for non-meat eaters. “We definitely see that plant-based protein has a place on the menu,” King, who took over as CEO last August, told Bloomberg. Pre-sale coupons are required for purchase, which are available exclusively to Pizza Hut members. Last year, Del Taco, a California-based Tex-Mex chain, sold two million of its meatless tacos made with the plant-based substitute from Beyond Meat just two months after the launch.