Forex Trading

How to Invest in the Best Vegan Company Stocks

vegan food companies stock

VRYYF is yet another high-risk OTC penny stock with lots of future growth potential. The company has a strong vision to scale production with its 4 Canada-based production facilities and already has key distribution partnerships through the United States and Canada. OTLY stock has done much since the IPO back in May 2021 and trades near its IPO price of $17.

Today, the company’s plant-based meat alternatives can be purchased in grocery stores and restaurants across the globe. Designed to emulate beef and pork, its offerings include patties, sausages, hot dogs and meatballs. Prior to the COVID-19 pandemic, its revenue was growing at triple-digit rates, although growth has slowed dramatically since then. The company’s products have become ubiquitous at supermarkets and common on restaurant menus.

What is veganism?

We see more plant-based meat companies begin to be traded publicly, and while the market is starting to recognize the green dollar trend, you can still invest in plant-based products like Beyond Meat virtually on the ground floor. With multiple alternatives to animal products such as plant-based proteins and non-dairy frozen treats, the company demonstrates an acute awareness of how consumer diets are changing. However, investors should also note that it has a large industrial business and produces animal feed. A third way of gaining exposure to this trend is by trading the commodities that underpin vegan and plant-based diets.

  • In a note last week, the investment bank said that sales of meatless protein products would increase at a 30% compound annual growth rate through 2025, reaching $51 billion.
  • And In 2020, Nomad Foods reported a full-year revenue increase of 8.2 percent to €2,516 million, with a gross profit increase of 9 percent to €763 million.
  • For example, a healthier lifestyle and a plant-based diet can be hard to maintain and do well.
  • The most mature pure-play plant-based food stock on the market, Los Angeles-based Beyond Meat first launched its brand nearly a decade ago.
  • Investors certainly weren’t lining up to plunk down cash on companies that dealt in things like seitan, tempeh and portobello steaks.

Not only is this an innovative product that I’m glad is making it to market, but it also presents an incredible opportunity to invest on the ground floor. In order to meet rising demand, the Vancouver-headquartered company’s KitsKitchen division secured a new production facility in mid-2022 that increased its production capacity from 1,000 kilograms to 20,000 kilograms per day. In September 2022, Planting Hope announced an increase in distribution across its plant-based product line, adding 135 new slots for Hope and Sesame and Mozaics across more than 15 United Natural Foods distribution centers.

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SenzaGen’s purpose is to make it possible to eliminate animal testing for allergenic tests. They make a big difference in the cosmetic, dyes, and pharmaceutical industries. If you live in North America or somewhere beyond Europe, you can still invest in it if you want, but only certain investing platforms will let you.

Despite this, Ingredion’s average earnings increase of 0.6% per year is significantly lower than the average earnings increase of the US packaged food industry which is currently at 1.34% per year. Because of this, analysts currently view the stock as a hold position with a predicted price of $107 by February 2024. Vegan alternatives to other everyday staples are now commonplace, eg almond milk and dairy-free cheeses are experiencing rapid growth. The plant-based meat business is unlikely to be very profitable for many players at this point, given the limited scale and high fixed costs related to marketing and R&D. However, gross margins are likely to be higher than traditional meat and companies that sell compelling substitutes that have taste, texture, etc that mimic animal protein should be quite profitable in the long-run.

Nomad Foods (NYSE:NOMD)

According to Nielsen, 98% of consumers who buy plant-based meat, also buy animal meat. In fact, the Plant Based Foods Association suggests plant-based meat sales increase by 23%, on average, when put in the meat department rather than the vegetable section. Fields joins a long list of big-time athletes who have switched to vegan diets over the past few years and seen remarkable results. Jenna Gleespen is a published author and copywriter specializing in personal and investment finance. Her expertise is in financial product reviews and stock market education. Originally operating out of a 4,000-square-foot production facility in British Columbia, The Very Good Food Company’s presence in North America is rapidly growing as demand increases and production facilities improve.

Fake Meat Is Bleeding, but It’s Not Dead Yet – WIRED

Fake Meat Is Bleeding, but It’s Not Dead Yet.

Posted: Thu, 17 Aug 2023 07:00:00 GMT [source]

The company sold 250,000 shares to the public, raising $36.8 million in net proceeds. As a result of changes in consumer tastes, companies have invested a total of $16 billion in plant-based meat, egg and dairy products. Today, the global plant-based meat market is worth an estimated $12.1 billion. New research suggests the global plant-based food market could grow to $74 billion by the year 2027. Meanwhile, access to plant-based food is being increasingly democratized as more and more grocery stores and fast-food chains feature plant food items in their stores and on their menus. All of this increased supply and demand will lead to economies of scale, which will unlock significant cost-savings that should be passed down to the consumer, ultimately driving plant food prices lower with time.

Investing In A Greener Future

The company is rapidly expanding its footprint by selling its product in over 65,000 foodservice locations around the world, which helped Oatly hit record revenue in 2021. TTCF stock trades under a $2 billion market cap and could really soar in the next couple of years as the plant-based movement continues to grow over time. However, because the burger contains soy leghemoglobin, it isn’t considered to be vegan. But that might actually be a good thing; that same ingredient is the crux of the burger’s appeal to flexitarians, who are used to the strong flavor of meat. Based on Tattooed Chef’s estimated 2021 revenue of $222 million, the company will have grown its sales by 66.7% on a compounded basis over a three-year period. SPAC veterans David Boris and Marshall Kiev sold 20 million shares of FMCI stock on August 2, 2018, raising $200 million to acquire an operating business within 18 months that had an enterprise value of $500 million to $2 billion.

vegan food companies stock

Even popular Youtubers like Jeremy of Financial Education hold a large stake in the company. The good news is Beyond Meat has several major partnerships that could help turn around https://investmentsanalysis.info/ sluggish U.S. revenue numbers. Beyond Meat is the #1 top-selling SKU out of all retail plant-based meats in the United States and holds four of the top 6 SKUs in that category.

This is why a company like Burcon who has over 20 years of experience and has just signed a massive supply deal with Nestle, will see its stock soar in the coming years. Extracting protein from plants has come a long way but getting high-quality protein in large amounts in the cheapest method possible is actual science. This is a company that has been around long enough to enjoy a pedigree status and has even found their plant-based meat sold in chain restaurants, Forex trading strategies for beginners the likes of Carl’s Jr and Del Taco. This means that plant-based food is not just a good investment for your ethics but also your wallet. If you simplify an excellent investment strategy, it boils down to “invest today, in what will be big tomorrow.” You are no longer in the minority by choosing plant-based. Plant-based meat is produced from a variety of plant-based sources, such as lentils, chickpeas, soy, peas, chia seeds, beans, mushrooms and wheat gluten.

vegan food companies stock

The addressable market for plant meat is also massive as sales in the global meat industry stand at about $1.4 trillion a year. The theme has also underperformed through the Covid-19 pandemic, rising by just about 13% since February 2020, compared to the S&P which is up almost 56%. There are two broad trends that could be driving the recent underperformance. Firstly, rising inflation has been a real concern for producers in recent months. Although most of the companies in our theme deal with staple products, higher prices could at least impact them in the near term. It is likely that Beyond Meat will be mentioned when discussing how the vegan trend is gripping consumers around the world.

Total Produce PLC

Since Turtle Island Foods is a completely private company at the moment, you cannot invest in it. Considering it’s been able to grow organically without raising outside capital, it’s unlikely that this will change any time soon. This includes companies like Conagra (owns Gardein) and Hain Celestial (owns Yves). I have a few alerts with different variations of “vegan stocks” and “vegan IPO” that I monitor. However, Gardein was purchased by Pinnacle foods, which was then acquired by Conagra, which owns a ton of food brands (some vegan, some not).

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