A new report titled Burger and Chicken Restaurants — UK —
September 2018 from leading market research firm Mintel finds
that millennials, who are ditching meat in droves, pose the “biggest threat to
burger and chicken restaurants.
The report utilizes data collected from polls taken
earlier this year that reveal how millennials are forcing more plant-based
foods onto the market by going veg.
Foodservice Analyst Trish Caddy explains:
The biggest threat to the popularity of burger and chicken is the trend of consumers cutting back on eating meat. This is being driven by Younger Millennials who have either adopted a full-time vegan lifestyle or are simply eating more plant-based dishes. Operators now need to tackle this issue by offering consumers more varied choice, including vegan burgers.
Earlier this year, a Forbes article highlighted a report by GlobalData that found a full 70 percent of the human population is either
reducing meat consumption or leaving meat off the table altogether.
And the generation often mislabeled as self-absorbed and lazy—the one just
after Gen X—is spearheading that worldwide dietary change!
Over the past decade, veganism has seen
consistent growth as millennials—the world’s largest generation—purchase their
own foods. Concerned about the environment, animal welfare, and their own
health, this generation boasts more self-identified vegetarians than any other,
explains The New York
Times.
GlobalData also recently reported that there
were six times as many vegans in America in 2017 as in 2014,
and Allied Market Research predicts that the meat substitute market will grow 8.4 percent
from 2015, potentially reaching $5.2 billion globally by 2020.
What’s more, a survey of 1,000 consumers found
a growing shift toward a vegan diet, with 90 percent of vegetarians claiming they wanted to go
vegan. And a new report from major market research and consulting
firm Coherent Market Insights predicts that the global vegan meat market will surpass $6.5 billion by
2026.
While millennials may be driving the vegan
food market, recent studies reveal that Gen Z might be even more into
vegan food.
This global shift away from animal products is
great news for the countless animals who suffer horribly at factory farms.
Cows, pigs, and chickens raised and killed for food are subjected to unthinkable cruelties: tiny,
filthy cages; burns and amputations; and merciless slaughter.
It doesn’t matter when you were born; you have
the power to stop this heinous cruelty. When you choose a compassionate vegan
diet you take a stand for animals, the environment, and your own health. Order your FREE Vegetarian Starter Guide today. And check
out our Pinterest page with hundreds of vegan recipes!