7 Vegan Stocks to Buy Now for the Future of Food
The vegan revolution is upon us, and that means
time to buy and hold these 7 vegan stocks for the long
investment philosophy is simple. Invest in today, what is going to
be big tomorrow. Applied to the food world, this philosophy has one
straightforward takeaway: Buy vegan stocks.
Americans have been obsessed with their meat. Steak and potatoes;
burgers; hot dogs. These are classic American meals that defined
eating throughout the 20th Century. But today's youth view
meat-eating through an entirely different lens. They don't see
fancy steak dinners and juicy burgers — they see lines of cows,
packed into hardly livable conditions, emitting tons of methane gas
every year and contributing significantly to global warming. All
just to produce a piece of meat that is actually
pretty bad for your
heart and liver.
look at animal-based meat through this entirely different lens,
they've shunned meat-eating.
survey of 18
to 24 year-olds in Germany, more than half of those surveyed have
given up eating meat. Meanwhile, a survey from The Food
that 65% of Generation Z Americans want a more "plant-forward"
diet, while 79% choose to go meatless one or two times a week. And
that one out of five young people believe that the future of eating
food is the future of eating — and over the next decade, the
enormous legacy animal-based foods industry is going to be entirely
disrupted by emerging plant-based foods companies that are winning
over the hearts (and wallets) of young consumers (who, for
becoming the driving
force of the global consumer economy).
words, it's time to buy vegan stocks — and the best vegan stocks to
buy today are:
Beyond Meat (NASDAQ:BYND)
II Merger Corporation (NASDAQ:FMCI)
Maple Leaf Foods (OTCMKTS:MLFNF)
The Very Good Food Company (OTCMKTS:VRYYF)
Laird Superfood (NASDAQ:LSF)
Vegan Stocks to Buy: Beyond Meat (BYND)
entry on this list of vegan stocks to buy is the most
known vegan stock
of them all: Beyond Meat.
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
Jr and Del
Taco — and
packaged through various grocery stores.
should be able to leverage its first-mover's advantage, strong
brand equity and awareness, advanced faux meat construction
process, robust production capabilities and widespread fast-food
and grocery store distribution to sustain leadership in the vegan
meat market over the next several years.
see Beyond Meat as the Tesla (NASDAQ:TSLA) of
extent, BYND stock has huge long-term upside potential.
Else Nutrition (BABYF)
smaller name in the vegan revolution, Else Nutrition is specialized
on the plant-based food transition in the infant nutrition
Else Nutrition brought to market, for the first time ever, a
plant-based toddler milk formula, comprised of almonds, buckwheat
and tapioca. The Israeli-based company is also in the process of
bringing to market a similar plant-based milk formula for newborns
and babies (under one years-old).
new products should see enormous uptake over the next several
years, mostly because the generation of young consumers born
post-1995 who are exceptionally plant-forward, are also the
generation of consumers that are becoming or will become parents
over the next decade.
As they do,
these health-conscious parents who are already eating a
plant-forward diet, will very likely choose a plant-forward diet
for their little ones as well. Else Nutrition presently offers the
only plant-based toddler milk formula in the North American
will arrive over the next few years. But Else should be able to
leverage first-mover's advantage, purpose-driven branding and
specialization in this space to forever remain an important player
in the market — meaning that small-cap BABYF stock could soar
between now and 2025.
Forum II Merger Corporation (FMCI)
vertical primed for disruption thanks to the vegan revolution is
the frozen foods market, and the best way to play this particular
disruption is by buying Forum II Merger Corporation, which is a
blank-check company that has agreed to acquire Tattooed
Chef — one
of the leaders in the frozen plant-based foods category.
Chef specializes in making pre-prepared, plant-based frozen foods
that are GMO-free, organic and protein-rich. The company's best
sellers include organic acai bowls, cauliflower pizza, Mexican
street corn, cauliflower stir-fry, zucchini spirals, organic mac
and cheese, so on and so forth.
company's product portfolio is basically the dream freezer of your
typical health-conscious, eco-sensitive, time-constrained
Millennial and Gen Z consumer. It's no wonder that as these
consumers have become more plant-forward and garnered more
purchasing power, Tattooed Chef's sales have soared — by 47% in
2018, 77% in 2019 and another 101% so far in 2020.
But this is
still just a $400 million company, in the first innings of
disrupting the $55 billion U.S. frozen foods markets.
market gets "veganized" over the next five to ten years, FMCI stock
will surge higher.
Maple Leaf Foods (MLFNF)
to play the vegan revolution in frozen foods is by buying Maple
is a Canadian packaged foods company with an assortment of frozen
and refrigerated meats products under various brands, like Maple
Leaf sausages, Schenider's
plates, or Swift's chicken pot pies.
2019, Maple Leaf began an all-out blitz into the plant-based food
category with two vegan food brands the company acquired back in
2017: Lightlife and Roast
in 2019, Maple Leaf created a separate subdivision for those brands
– called Greenleaf, with its own reporting segment, Plant Protein
Group – and aggressively upped marketing and advertising spend for
those brands, while committing to broader distribution deals and
building out a huge 230,000 square foot manufacturing facility in
Indiana dedicated entirely to plant-based food processing and
of this plant-based blitz are in the numbers.
Maple Leaf's newly established Plant Protein Group reported 27%
sales growth. So far in 2020, sales are up more than 30%. Of
course, this has led to an acceleration in the company's overall
growth narrative, where sales have gone from rising 6% over three
years between 2015 and 2018, to soaring 13% in one year in
narrative acceleration will persist for the foreseeable future. As
it does, MLFNF stock will keep pushing higher.
consumer-facing brands get all the love and attention in the vegan
stocks revolution, this revolution is actually built on the back of
something consumers don't see: the complex scientific process of
turning plants into faux meat – and at the heart of that process is
extracting protein from plants.
protein. Pea protein. Oat protein.
protein extraction is very hard to do. So hard that big companies
like Beyond Meat and Impossible Foods outsource it to plant protein
you're looking for a picks-and-shovels play on the vegan
revolution, plant protein suppliers are your answer, and in this
space, the best pick is Burcon
has been in
the plant protein extraction game for over 20 years, and throughout
its many years, the company has developed a patented extraction
process which produces functionally superior pea and canola
proteins. Because of this, the company has signed a big partnership
with the world's largest food and beverage
2020, the company — alongside its JV, Merit Functional Foods — will
bring online a massive pea and canola protein production facility
in Canada. This facility will give Burcon
and resources to start producing, at scale, plant protein for
the next several quarters, you will likely see Burcon's
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 Very Good Food Company (VRYYF)
the next Beyond Meat? The Very Good Food Company could be
Good Food Company is an $80 million, relatively unknown Canadian
vegan meat company that makes everything from vegan burgers and
sausages to taco mix, steak and bacon, and sells those products
under The Very Good Butcher brand. Many customers view these
products as some of the best vegan meat products in the market,
with superior taste and texture compared to even products made by
words, the Very Good Food Company is a high-quality supplier for
vegan meat — and maybe even the highest-quality supplier out
the company is supply constrained. They make all
of their meat
in a 4,000 square foot production facility in Victoria. That means
that while the company is killing it on the west coast of Canada,
they have limited presence elsewhere.
has leveraged enormous growth in 2020 — sales are up 226% so far in
2020, including 395% revenue growth last quarter — to successfully
raise a bunch of capital, which the company has committed to
opening up two new production facilities: a 10,000 square foot
facility in Vancouver and a 25,000 square foot facility in
facilities give the company the resources and manufacturing
abilities to take what they've done in Canada,
that success on a bigger level.
If that does
happen, tiny VRYYF stock could turn into a multi-bagger.
Laird Superfood (LSF)
not least, on this list of vegan stocks to buy is freshly public
In his many
years of taking on some of the biggest waves in the world,
legendary surfer Laird Hamilton came up with a special, superfood
creamer that, when added to his daily coffee, would
sustained and healthy functional energy. That special concoction —
which includes a mix of coconut, plant-based fats and a
mineral-rich, superfood algae called Aquamin
— has given
birth to Laird's own vegan foods company, Laird
Superfood's signature product — the Original Superfood Creamer —
has been very well received by the public for its clean label,
solid energy-boost and authentic flavor which integrates seamlessly
with coffee. Many view
it as a
refreshing break from the tired, old and often highly processed
Nestle creamers that dominate the market.
Laird's sales have risen 2,200% from 2016 to 2019,
and are up
another 104% in 2020 alone.
sales sit at less than $20 million today, and the creamer market in
the U.S. alone measures around $3 billion.
words, Laird's hyper-growth narrative is far from over, and over
the next several years, this company will sustain 20%-plus revenue
growth as the $3 billion creamer market is entirely uprooted by
vegan creamers — of which, Laird's Superfood Creamer should stand
out given its brand, superfood ingredients and affordable price
extent, LSF stocks looks like a long-term winner.
On the date of publication, Luke
did not have (either directly or indirectly) any positions in the
securities mentioned in this article.
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Markets Analyst Oct
13, 2020, 4:21 pm EDT