McDonald’s is finally taking a nibble of the plant-based burger.
McDonald’s said Thursday that it will sell the PLT, or the plant, lettuce and tomato burger, for 12 weeks in 28 restaurants in southwestern Ontario by the end of the month. McDonald’s says it developed a special recipe using burgers from Beyond Meat, a California-based startup that makes “meat” from pea protein, canola oil, beet juice and other ingredients.
The small-market test is rolling out about six months after rival Burger King began testing the plant-based Impossible Foods burger, a rival to Beyond Meat. It’s now selling the Impossible Whopper nationwide because of strong demand from customers.
The entry of McDonald’s, the world’s largest burger chain, into the alternative meat arena has largely been seen as a question of when, and not if. Shares of Beyond Meat Inc. rose more than 11% to close at $154.34.
The burgers aren’t really aimed at vegans or vegetarians, but at meat eaters who perceive plant-based eating as healthier and more environmentally conscious. In a recent survey, the consulting firm AlixPartners found that 61% of U.S. meat eaters sometimes order vegan or vegetarian food at restaurants.
McDonald’s says the PLT will be grilled on the same grill used for meat and eggs. Burger King will cook it separately, but only by request.
PETA, the animal rights organization, says it’s happy to see more plant-based options on fast food menus, even if they’re cooked next to meat.
“To PETA, helping animals is not about personal purity, it’s about reducing suffering,” PETA President Ingrid Newkirk said in a statement. “McDonald’s is doing that by serving them, and its customers are doing that by buying them.”
It’s been a breakthrough year for the companies that are trying to perfect the no-meat burger.
Beyond Meat became a publicly traded company in May when it listed its shares for $45 on the Nadaq. By July, those shares had risen more than 430%. Impossible Foods has raised more than $750 million, but remains private.