🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Pizza Hut to offer pizzas with Beyond Meat sausages in U.S., UK

Published 2020-11-10, 06:10 a/m
© Reuters. Products from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California
MCD
-
YUM
-
BYND
-

By Siddharth Cavale

(Reuters) - Pizza Hut on Tuesday launched two pizzas with plant-based meat maker Beyond Meat's (O:BYND) sausage in the United States and the United Kingdom for a limited time, taking advantage of the consumer craze for plant-based meat options during the COVID-19 pandemic.

The chain, owned by U.S.-based Yum Brands Inc (N:YUM), is jumping on the substitute meat bandwagon as more people search out healthier snacks and comfort foods.

For Beyond Meat, the deal marks another feather in its cap and comes a day after it announced it had co-created the patty for McDonald's (N:MCD) new "McPlant" line of faux meat products that will debut in 2021.

Pizza Hut said it would offer Beyond meat's faux meat sausages as a 1-topping option on the Beyond Italian Sausage Pizza and as a special recipe in another pizza, The Great Beyond Pizza, across U.S. stores and some Pizza Hut Express stores from Nov. 10, until supplies last.

In the United Kingdom, it will be offered at three outlets in London for only three weeks as well as in some locations in Luton and Liverpool, adding that the pizzas will be available only through delivery and takeaway in both countries.

Consumers have been craving more plant-based meat alternatives. Retailers and large fast food chains have been answering the call, stocking freezers with several brands and adding options on menus.

Pizza Hut's deal with Beyond Meat is three months after it ran trials with Beyond Sausage pizzas at five locations in Puerto Rico and tested its first-ever burger offerings through the Beyond Burger in China this past June.

© Reuters. Products from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California

On Monday, Beyond Meat reported quarterly sales grew at its slowest pace since it went public in 2019, as shoppers eased off on buying burgers, sausages and meatballs at stores, having stocked up earlier in the year.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.