The company operates a Shopify-powered online store and plans to open Xmarket brick and mortar stores in Israel, USA, and Canada by the end of 2021. EWGFF looks like a solid OTC runner that could pump higher on strong future volume. From a fundamental standpoint, I think EWGFF shares are too cheap and have a lot of long-term upside. Laird’s longtime CEO Paul Hodge Jr will be stepping down as CEO so perhaps there is something going on behind the scenes that investors should be wary of. You can check out Komo’s June 2021 investor presentation for more details and I’ll be sure to include financials once available.
Walmart, Target, Sprouts, Publix, Wegmans and Kroger, as well as Starbucks — and, most impossibly, Burger King — all carry Impossible Burger. And as of last week, you can grab an Impossible Burger from one of 40 locations of Impossible Foods’ new fast-food restaurant chain, which is operating out of Dog Haus xtb review hot dog chain kitchens. According to data from Allied Market Research, the global vegan food market is expected to grow by a compound annual rate of 10.5% through 2026, easily outpacing the overall food industry. Categories such as plant-based meat and oat milk are expected to grow at even faster rates.
After a stellar IPO in 2020, LSF stock has been absolutely crushed over the past 52 weeks and sits at $18 per share. LSF stock trades at a ridiculously low price to sales ratio of 5, which makes LSF shares the best overall value out of all the stocks on this list (from a P/S ratio analysis). 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.
Plant-Based Food Stocks: Catalysts for the Cattle-less
Be sure to find out which markets you can access through your broker (Robinhood, Interactive Brokers, WeBull, etc.). Startups and small businesses need money to launch or grow, but can’t go public. So they either turn to angel investors and venture capitalists (which are typically millionaires), or to crowdfunding platforms. It’s tricky to invest in private companies (not listed on the stock market). While all their products are vegan, it’s not exactly a “vegan company,” in the sense that they sell food directly to farms that support animal agriculture. As a lifestyle and diet, veganism has been around for millennia, but only recently has plant-based eating become big business.
Longer-term, management believes it can sustainably grow same-store sales at a low-single-digit rate. For the most part, vegan products are more expensive than their meat-based counterparts. Given the recent rise in the cost of living, many people who previously followed a more flexitarian diet have opted for a more cost-effective alternative and switched back to meat. This may be the reason why many vegan stocks have dropped in recent times. Many food products are naturally friendly to vegans, like vegetables, which means the vegan market is already large.
- You basically have 3 options to invest in vegan businesses, based on your budget, and level of risk/reward that you’re after.
- By clicking the buttons above you are leaving the US Vegan Climate ETF website and going to a 3rd party site.
- The company is aiming for 12 farms by 2025, with revenue of $350 million to $450 million and adjusted EBITDA of $115 million to $130 million.
- But this is still just a $1.6 billion company in the early innings of disrupting the $55 billion U.S. frozen foods markets.
Another potential issue is that Bunge is rated as the worst soy trader in terms of sustainability. That’s a tricky thing to draw the line on, and every vegan will have their own conclusion. So I’ll leave Bunge on the list, but you should be aware of this before investing in them.
Top US-listed plant-based food stocks
The good news is the company raised its full-year 2021 revenue guidance to $690 million and plans to produce a whopping 600 million liters of finished foods in 2021. BYND stock has slumped recently alpari review due to consumers choosing cheaper private label plant-based alternatives and traditional meat products. This information has been prepared by IG, a trading name of IG Markets Limited.
They’ve opened a new location near me, and I’ve seen tons of even non-vegans who really want to go try it. You basically have 3 options to invest in vegan businesses, based on your budget, and level of risk/reward that you’re after. There aren’t a ton of publicly traded vegan companies, but I’ve created a comprehensive list of your options. There were 23 hedge funds that reported owning stakes in The Hain Celestial Group, Inc. (HAIN) at the end of the fourth quarter, up from 21 funds a quarter earlier. Still, the good news is that the trends in the avocado business are temporary, and the company should benefit from an eventual recovery from the pandemic and a normalization of the supply chain. In fact, avocado prices soared in early 2022, hitting a 24-year-high in March.
The Rise of Plant-Based Food
Regarding the countries with a percentage of their population that are vegetarians, India is in first place. According to a survey conducted in 2021, almost a quarter of respondents from India were vegetarians. Comparatively speaking, only 5% of respondents in the United States were identified as vegetarians.
Investing in Vegan Stocks
While there’s no guarantee, it’s highly likely that Impossible Foods will go public at some point, just like Beyond Meat. However, currently the Impossible Foods CEO says there’s no plans to go public in 2023 at least. While Daiya is a vegan company, I’m not sure many would consider Otsuka Pharmaceutical to be one.
A Canadian company, it experienced massive, triple-digit growth in terms of both revenue and sales last year. Whether you’re a vegan yourself, or just see the opportunity in vegan stocks — there are a fair few that have recently floated on stock exchanges. Vegan stocks are the shares of companies that contribute in some way to the vegan industry — typically food manufacturers.
But if the downgrade today is on point, those estimates might well prove to be optimistic when official results are disclosed. There are a number of vegan food and drink manufacturers worldwide, particularly in the US. Some of these companies have only IPO’d in recent years, so they’re fresh on the market. There are approximately 600,000 vegans in the UK, according to Statista, and this number is rising significantly each year.
Amy’s Kitchen, Inc. is one of the leading manufacturers of organic frozen food products. The company markets and distributes more than 250 meals prepared using all-natural and organic ingredients through supermarkets, grocery stores, and e-commerce websites. It offers canned chili, soups, salsa and sauces, and frozen entrees, including pizzas, snacks, pot pies, veggie burgers, and sandwiches for vegan, corn-free, review the only investment guide you’ll ever need gluten-free, and other diets. They are also adopting innovative packaging solutions and aggressive promotional activities like celebrity endorsements to attract more consumers and increase their product sales. Moreover, several manufacturers have launched vegan food products, such as cheese, desserts, ice cream, and yogurt, in low-fat and premium variants, which is further driving the market growth.
Thus, over the next several quarters, you will likely see Burcon’s pea and canola proteins start to appear in Nestle food and drinks. As that happens, tiny BUROF stock could soar, starting what could be a multi-year ramp in the stock as its presence continues to expand across the vegan food markets. The plant-based meat maker is — for all intents and purposes — the face of the vegan revolution. The company’s meat-less burgers, sausages and other meat products are served fresh through various fast food chains — like Blaze Pizza, Burger King, Carl’s Jr and Del Taco — and packaged through various grocery stores.
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We further took into account the analyst and investor sentiment for each company. We narrowed down our selection to companies that had positive investor sentiment, strong financials, and exhibited growth potential pointed out by expert financial analysts. The top brands in the biz rely on Burcon to make the building blocks of their vegan fare — and investors took notice initially.