McDonald’s (MCD) Stock Jumped 2.2%, Plant-Based Meat Recipes To Appear On Menu

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

McDonald’s Corporation (MCD) is creating its own plant-based burger that will only be served at its own restaurants. The first of those on McDonald’s menu are supposed to be offering a crispy chicken sandwich.

A new trend in public catering is plant-based meat. ‘Meat’ products based on plant components are considered to be more environmentally friendly and safe, making them popular with consumers of various ages, but especially with the active Millennial community and Generation Z members. Consumers’ rising interest in meat substitutes comprise of vegetables components pushes several producers to add this commodity to their product lines. So far, Beyond Meat and Impossible Foods are the industry leaders. However, other food manufacturers are now discussing plans to market plant-based meat, such as Tyson Foods.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored



McDonald’s collaborated with Beyond Meat, a well-known plant-based meat producer, for a while to test several dishes. McDonald’s management, however, said that it would launch its own brand of plant-based meat next year, without cooperation with other suppliers. To research demand and change the recipe, new dishes will initially appear in individual markets.

It is presumed that McPlant will be the name of the McDonald’s latest plant-based meat burger. The production of the recipe is known to have been going on for more than a year, as the company has high requirements for the final product’s quality and aims to make it successful.

Thus, in the face of rising competition for customers, McDonald’s is aiming keeping itself up with new trends. Creating its own recipe, instead of using the one from third-parties, would allow McDonald’s Corporation (MCD) to keep a unique recipe, which is also important in the customer battle.

The McDonald’s Corporation (MCD) stock was up 2.20% at $218.02 at close of the market on Wednesday while it has added 10.33% to stock’s value from start of the year.

Sign up for our FREE Newsletter and get:

Leave a Comment

Your email address will not be published. Required fields are marked *

Sign up for our FREE Newsletter and get:

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Important Earnings

Insider Watchlist

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.