Chanticleer Holdings Partners with Beyond Meat® for Plant-Based Beyond Burger® Launch
May 08 2019 - 8:00AM
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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reports and on documents we file from time to time with the
Securities and Exchange Commission. The forward-looking statements
contained in this press release speak only as of the date the
statements were made, and the companies do not undertake any
obligation to update forward-looking statements. We intend that all
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of the PSLRA.
Contact Information:
Investor Relations Jason Assad 678-570-6791
Ja@chanticleerholdings.com
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