Chanticleer Holdings Partners with Beyond Meat® for Plant-Based Beyond Burger® Launch
Company’s Multiple Better Burger Brands and Just Fresh to Offer Guests a 100 Percent Vegan Positioned Patty
CHARLOTTE, N.C., May 08, 2019 (GLOBE NEWSWIRE) -- Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands, today announced that it has partnered with Beyond Meat® (NASDAQ:BYND) to offer its guests at its multiple better burger brands and Just Fresh locations a 100 percent plant-based Beyond Burger® patty.
Participating brands include Little Big Burger, American Burger Company, Burgers Grilled Right and Just Fresh comprising 50 plus individual store locations. Each brand will be designing and testing its own unique burger build using fresh local ingredients. The Beyond Burger patty is free from GMOs, gluten and soy and has lower saturated fat than regular beef, but still delivers flame-broiled flavor and 20g of plant-based protein.
Fred Glick, Chanticleer Holdings President stated, “With roughly one-third of consumers identifying as flexitarians, we’re thrilled to partner with Beyond Meat to provide a plant-based alternative to our current menu offerings. We also understand that consumers are more conscious than ever about making responsible food choices that are not only healthy, but that also take sustainability and ethical considerations into account.”
According to data from Innova Market Insights, there has been a 45 percent average annual growth of food & beverage launches with a vegan positioning (CAGR, 2013-2017). New launches with a vegan positioning increased its market penetration in Europe from 1.5 percent in 2013, to 7 percent in 2017.
About Chanticleer Holdings, Inc.
Headquartered in Charlotte, NC, Chanticleer Holdings owns, operates, and franchises fast, casual, and full-service restaurant brands, including American Burger Company, BGR – Burgers Grilled Right, Little Big Burger, Just Fresh, and Hooters. For more information, please visit: www.chanticleerholdings.com.
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Released May 8, 2019