You are currently viewing our desktop site, do you want to visit our Mobile web app instead?
 Registered users can save articles to their personal articles list. Login here or sign up here

Nestle revamps veggie burger recipe in faceoff with Beyond Meat

Nestle to launch a ground beef alternative.

Nestle is tweaking the recipe of its vegetarian burgers after half a year on the market amid stiffening competition for meat substitutes.

Garden Gourmet Incredible Burgers will be juicier and have more of a grilled-beef flavour, the Swiss food giant said Friday. Nestle will also launch a ground beef alternative called Garden Gourmet Incredible Mince in Austria, Germany, Norway and Sweden next month. The soy-based product can be molded into meatballs and cooks up like raw beef.

Nestle Chief Executive Officer Mark Schneider is revamping the company’s faux-meat offering as a wave of upstart competitors including Beyond Meat and Impossible Foods enters the mainstream. He’s been pushing Nestle managers to accelerate development of products like the Incredible Burger and accept the risk that they may need reworking.

Beyond Meat has stormed into fast-food and high volume catering in collaborations with Tim Hortons, Dunkin’ Donuts and Aramark. Closely held Impossible Foods’s burger is on menus at some 10 000 restaurants — including White Castle, Red Robin and Burger King, according to the company.

Nestle started selling Incredible Burgers in Europe in April and aims to introduce a version called the Awesome Burger for the US market this fall. The company declined to comment on the outlook for expanding its relationship with McDonald’s, which sells Incredible Burgers in Germany.

The Incredible Burger has yet to come to the UK, one of the most promising markets for meat substitutes, according to Wayne England, head of Nestle’s food business. Nestle ended a test of other Garden Gourmet items in Britain with a customer it didn’t identify earlier this year, though a limited number of products are still available in the UK, the executive said on a call with reporters.

© 2019 Bloomberg L.P.

Get access to Moneyweb's financial intelligence and support quality journalism for only
R63/month or R630/year.
Sign up here, cancel at any time.


To comment, you must be registered and logged in.


Don't have an account?
Sign up for FREE





Follow us:

Search Articles:Advanced Search
Click a Company: