McDonald's McPlant Burger Finds Success Abroad After Failed US Launch  

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McDonald's plant-based McPlant burger struggled to gain traction in the US, but demand remains high internationally.

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The McPlant patty, made in partnership with Beyond Meat, is made from peas, rice, and potato and designed to mimic beef.

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After a half-year trial in the US, McDonald's decided not to make the McPlant a permanent menu item.

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The Double Double McPlant, featuring two patties, is set to launch at nearly 1,400 locations in the UK and Ireland in January.

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The regular McPlant became a permanent menu item in the UK in January 2022 after a successful trial period.

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The US plant-based market is expected to grow at a CAGR of 19.3% through 2030, with Burger King successfully selling plant-based burgers since 2015.

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Factors contributing to McPlant's weak sales in the US may include the high cost of alternative meat and the oversaturation of products in the market.

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BTIG analysts suggest that McPlant's price point needs to be more competitive with traditional burgers and its health and climate benefits need to be emphasized.

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