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Oatly is a plant-based company that turns oat into drinks providing a better alternative to milk-based products. 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. The company is rapidly expanding its footprint to scale its revenues by selling its products in over 12,000 retail stores along with the acquisition of Foods of New Mexico in Q2 2021.
- Some argue veganism is not just about protecting animals and cutting out meat from their diets, but a broader set of principles aimed at saving the environment.
- IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.
- It appears that vegans and non-vegans alike are starting to seriously appreciate plant-based food.
- 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.
Oatly Group bills itself as “the world’s original and largest oat drink company.” It has a range of plant-based alternatives to dairy products, including milks, ice cream, yogurt, cooking creams and spreads. The company’s pea protein isolate is 85 percent protein and can be used to boost the protein content of a range of plant-based food and beverage products. Ingredion’s pea starch can be used in a number of ways, including in the production of plant-based cheeses. Formerly known as Port Erin Biopharma Investments, the investment company has rebranded to focus on identifying promising lab grown meat companies to invest in on behalf of shareholders. The idea behind the company is to invest into meat alternatives like companies that sell lentils. They highlightBelle Pulses on their corporate overview multiple times.
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The company recently signed an online distribution deal with Walmart plus launched a brand new product line to boost revenue even further. In Q2 2021, Else Nutrition generated revenue of CAD $1.1 million (Up 430% YoY) and launched its products in over 1,100 stores throughout North America as part of its massive growth strategy. 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.
Yogurt sales are anticipated to increase at the second-highest CAGR during the projection period. The millennial generation’s growing preference for dairy-free goods is anticipated to fuel the segment’s expansion. Over the forecast period, the vegan cheese market is anticipated to grow at a sizable CAGR. It is projected that the growing popularity of vegan cheese among consumers who are lactose intolerant will aid in the segment’s expansion. The push for more ethical and sustainable plant-based foods and products has given rise to vegan investors who exclusively support companies with similar goals. For example, Guinness is not made using animal products but was filtered using isinglass, made from fish bladders, which made it unsuitable for vegans.
Tattooed Chef’s revenue jumped by 43.7% in 2021 to $213.4 million, and its products are now available in about 4,300 retail stores. However, as we see more vegan companies hit the market, vegan penny stocks are sure to follow. With so many plant-based and vegan companies to invest in, choosing between public or private is a solid starting point for narrowing down your options. The industry as a whole is still in its early growth stage, with plenty of room for development.
Tattooed Chef (TTCF)
Avocado prices fell 2% in fiscal 2021, which also weighed on the company’s performance. It is very likely that the companies discussed here will end up on their shortlist for new vegan products to try. Additionally, social media and internet surfing have given rise to a group of like-minded individuals, vegan investors. We highly recommend hopping on the vegan stock investment train when the right opportunity arises.
Vegetarians, flexitarians, pescatarians, and omnivores like myself are all seeing the value in cutting meat, from improved health to increased animal welfare, to slowing the effects of climate change. A pure-play vertical farming company, AppHarvest went public through a SPAC in February 2021 and is solely focused on growing tomatoes, although it plans to expand to other products. The company has gained traction with the Tattooed Chef brand, which has replaced private-label products as its biggest source of revenue. It can charge more for branded products, although increasing the visibility of the Tattooed Chef brand is also pushing its marketing expenses higher. The company continues to innovate and introduce new products in the vegan meat substitute category, including the 2021 debut of plant-based chicken tenders and an improved version of the Beyond Burger.
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. Belle Pulses is one of the largest processors of plant-based ingredients in Canada and contributes the bulk of Eat Well Group’s revenue ($60 million CAD projected in 2021). According to Eat Well Group’s Investor Deck, the company will generate https://forexhero.info/ $60 million in revenue during 2021. BABY stock forecast looks bright because the Walmart deal finalizes in Q and Else Nutrition will be available to a ton of new customers. In Q2 2021, Oatly reported revenue of $146.2 million (Up 53% YoY) and produced 106 million litres of finished goods (Up 43.2% YoY). From a fundamental standpoint, I think Tattooed Chef is a decent multi-year hold.
Where to start?
Just one of them can produce 37 million pounds of product a year, an increase in production capacity of 2,690%. Shares are down over 30% for the year, but some analysts see that as an opportunity — and in some cases, a stellar opportunity. Two of three analysts reported by Yahoo Finance give the stock a “strong buy” or “buy,” with an average target price of $33. Its most recent quarterly report, for the third quarter of 2021, revealed a smaller-than-expected loss of $0.59 per share vs. a Zacks consensus estimate of $0.64. It also brought an earnings surprise, with net sales of $10.9 million — a 45% increase compared to the previous year. Direct-to-consumer sales were up 108% and wholesale sales were up 21%.
While the COVID-19 pandemic enters the rearview, new studies are beginning to show that during the height of the pandemic, there was a 90 percent increase in plant-based food sales. I prefer buying high-growth stocks when they become unpopular find programmers for startup because you get a much bigger margin of safety in case you are wrong. EWGFF looks extremely undervalued if these revenue numbers are accurate. Right now, EWGFF trades at a $62 million market cap and a Price to Sales ratio of 1 (!).
Semi-Vegan Publicly Traded Stocks to Invest In
Simris makes vegan omega 3 supplement from algae, which is the best plant source of omega 3s. It’s tough to find specifics, but I believe they don’t use any animal products either. The company only went public around the start of 2021, so it’ll be interesting to see how it grows from here. Investor Junkie does attempt to take a reasonable and good faith approach to maintain objectivity towards providing referrals that are in the best interest of readers. Big players like Impossible Foods and Beyond Meat simply showed up too early to the party, when nobody outside of, well, vegans could appreciate what they were bringing to the table. Pea-based burgers aren’t just good for your digestion; they’re good for the earth.
In the same year, German asset management companyDaubenthaler & Cie created the BeneFaktorIndex® VEGAN, a stock index featuring only companies that offer exclusively vegan products. To qualify for the index, the entire company must be vegan, though exceptions are made for companies that also offer a few vegetarian products. Moreover, BeneFaktorZertifikat® VEGAN is the first investment certificate with an automatic 10% donation to an animal advocacy organization. With a solid $10 billion market cap, OTLY stock trades at a Price to Sales ratio of 18 and continues to experience downward selling pressure in the short term. However, Oatly has enough billionaire backers and revenue growth to make OTLY a solid long-term investment. If you want to invest in vegan food stocks then Beyond Meat is the first company I’d recommend.
It has been around since the 1990s and has been consistently developing oat-based alternative dairy products, including milk, ice cream, yogurt, cooking creams, spreads, and to-go drinks. Invest in vegan stocks while they are in their early stage of growth. With the promotion of health benefits, animal well-being, and overall environmental awareness via social media, the veganism diet trend will continue to connect with consumers in search of an alternative to animal products. The next two stocks on our list are the most promising vegan penny stocks in the current market.
And yet, for $0.53 a share, Else Nutrition could be worth the inherent risk. And it’s not a bad time to be in the vegan baby food business, considering the number of vegans in the U.S. has increased by 3,000% over the last 15 years — and they’re starting to have children. Due to rising consumer demand for plant-based foods and increased health awareness, Asia Pacific is anticipated to see the quickest CAGR throughout the forecast period.
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Read moreIn 2020, investments in vegan food companies almost doubled, with particularly high growth for cultured meat. According to studies, the plant-based foods market could be worth $155 billion by 2027, with alt-protein potentially making up 11% of the global protein market by 2035. All of those good reasons for vegan and non-vegan investors around the globe to get one’s hands on the best oanda forex broker review as fast as possible.
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. Laird Superfood is a plant-based food company that creates a variety of everyday products for health-conscious consumers. The company plans to disrupt the entire baby formula & children’s nutrition industry with its plant-based healthy formula and shake alternatives.
And yes, I’ve triple-checked that I have the names and right companies here. I haven’t actually seen Modern Meat products available here in Ontario , which I suppose means there’s a lot of room to expand if their products are truly high quality. Their products doappear to be vegan, but I’m not super confident about that. With plans of expanding into the U.S. market, there’s a lot of room to grow.
The Very Good Food Company Inc.
If you enjoyed this article and are interested in other ethical and sustainable investments, read our article on ethical and sustainable shares to watch right now, which focus on farming, clean energy and electricity. It may be a good idea to keep up to date with the evolution of veganism, for example, by reading our news and analysis section. This is updated on a daily basis with analysis and insights into the financial markets and upcoming trends by our expert market analysts. Short-term trading entails opening buy or sell positions based on how you think the asset will perform in the future. When it comes time to invest, knowing what stocks to buy, when to buy them and at what price can be an overwhelming prospect. What might make it less intimidating is if you were able to get some…
Due to a sharp increase in demand, Maple Leaf Foods has begun building three new facilities in 2018, 2019 and 2021, further solidifying why now might be the best time to invest. Maple Leaf Food’s 2020 financial full-year report states its plant-based protein groups sales for the year saw a growth of 19.5 percent for a total of $210.8 million, compared to $176.4 million in 2019. The frozen food industry at large has benefited since the COVID-19 pandemic began, as people continued stuffing freezers full of frozen foods so they wouldn’t go bad.