Corporate Profiles - 2021 - 49

RESTAURANT AND FOODSERVICE INDUSTRY
food and beverage sales, 2019-21
2019
sales
Eating and drinking places
Full service segment
Limited service segment
Bars and taverns
All other foodservice establishments
TOTAL
Source: National Restaurant Association
Note: Figures do not sum precisely due to rounding
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paste, crushed garlic, Spanish smoked paprika and extra virgin olive oil combined
with pea protein.
" Plant-based lifestyles have continued to accelerate in popularity, and as a
longtime leader in the category, we are exploring ways to give more variety to
our fans, " said Chris Brandt, chief marketing officer for Chipotle. " We used real
ingredients to create a plant-based protein with a deep, rich chorizo flavor that
can be enjoyed by everyone. "
Long John Silver's partnered with Gathered Foods, makers of Good Catch
plant-based seafood, to serve two Good Catch offerings at five locations in
California and Georgia.
Good Catch Plant-Based Fish-Free Fillets and Plant-Based Breaded CrabFree
Cakes mark Long John Silver's first plant-based seafood offerings. The
seafood alternatives are made with Good Catch's proprietary six-legume blend,
which includes peas, chickpeas, lentils, soy, fava beans and navy beans, and
feature a light and crispy wheat flour breading. The Fish-Free Fillet has a flaky
whitefish texture encased in a crispy breading, while the entree-sized CrabFree
Cakes have a lump crabmeat-like texture and feature the flavor of crab
with sweet peppers, green onions, parsley and spice.
Little Caesars teamed with Maple Leaf Foods, Inc. to launch the Planteroni
Pizza, topped with Field Roast plant-based pepperoni. The topping is made
with wheat gluten, potato protein, pea protein and fava bean protein and seasoned
with fennel, cracked black pepper, garlic and paprika. The pizza was
available at Little Caesars locations in the cities and suburbs of Los Angeles,
New York City, Miami, San Francisco, Portland and Detroit.
The Wendy's Co. unveiled a spicy black bean burger, formulated with brown rice,
carrots, corn and bell peppers. The item was tested in select markets over the summer.
Taco Bell, a subsidiary of Yum! Brands, Inc., began testing a new proprietary
plant-based protein made with a blend of peas and chickpeas featured in the
new Cravetarian Taco.
Another Yum! Brands business, Pizza Hut, partnered with Beyond Meat, Inc.
on several plant-based toppings including Beyond Pepperoni.
Starbucks Corp. teamed with Oatly to launch the company's oat milk in its
cafes nationwide. The dairy alternative was featured in several new signature
espresso beverages.
" Oatly's oat milk has a smooth and velvety texture, foams beautifully, and
Corporate Profiles
pairs perfectly in our light and dark roast coffees, opening up new possibilities
for beverage innovation at Starbucks, " said Luigi Bonini, senior vice president
of global product innovation at Starbucks.
Peet's Coffee partnered with Beyond Meat and Eat Just, Inc. to launch the
new Everything Plant-Based Sandwich, featuring a Beyond Breakfast Sausage
patty, Just Egg Folded and vegan cheddar on an everything bagel thin.
McDonald's Corp., meanwhile, inked a deal with Beyond Meat and readied the
rollout of the McPlant sandwich in US markets. The fast-food chain said it was
exploring plant-based varieties of poultry, pork and egg with other companies.
BULLISH ON CHICKEN
The launch of three new crispy chicken sandwiches in February marked the
beginning of a " multiyear chicken journey " at McDonald's, said Joseph Erlinger,
president of McDonald's USA, during an April earnings call.
" While the category is very competitive, we are so far exceeding our projections, "
Mr. Erlinger said. " We are selling substantially more chicken sandwiches
compared to our previous chicken sandwich line and seeing strong unit movement,
especially after 4 p.m. "
Following the success of its chicken sandwich, Popeyes Louisiana Kitchen, a
business unit of Restaurant Brands International, Inc., planned to launch additional
chicken items, including chicken nuggets.
Burger King, also a business unit of Restaurant Brands International,
launched a new hand-breaded chicken sandwich that had been in development
for more than a year. The company said the offering delivered healthy
volumes and expanded the brand's demographic, attracting new guests with
higher incomes and more spending power.
Yum! Brands subsidiary KFC also saw strength with a new chicken sandwich
introduced at the beginning of the year. The menu item features a quarterpound,
all-white meat, double-breaded, Extra Crispy chicken breast filet,
served on a toasted brioche bun with crispier, thicker pickles, and mayo or
spicy sauce. Each sandwich is made when ordered, so it is served piping hot,
the company said.
" Many customers hadn't considered KFC as a part of the chicken sandwich conversation,
but anyone who tastes this sandwich will know, without a doubt, that we're
playing to win, " said Andrea Zahumensky, chief marketing officer for KFC US. CP
Milling & Baking News * Food Business News * Baking & Snack * Meat+Poultry * Pet Food Processing * Dairy Processing
October 2021 / 49
(billions)
$615.9
$285.0
$308.9
$22.0
$248.4
$864.3
2020
sales
'19-20
percent
(billions) change
$497.6
$199.5
$290.4
$7.7
$161.5
$659.0
-19.2%
-30.0%
-6.0%
-65.0%
-35.0%
2021
sales
(billions)
$609.0
$255.0
$339.0
$15.0
$180.0
-23.8% $789.0
'20-21
percent
change
22.4%
27.8%
16.8%
94.8%
11.5%
19.7%

Corporate Profiles - 2021

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