10 Best Vegan Stocks to Buy Now

All the segments have been analyzed worldwide, regional, and country basis. The study includes the analysis of more than 30 countries for each part. The report analyzes driving factors, opportunities, restraints, and challenges for gaining critical insight into the market.

The meat packing industry (which also handles plant-based meats) hasn’t fully recovered, the McPlant was a McFailure, and one of their top executives bit a man on the nose. Experts predict that we’re on the cusp of a vegan food revolution. Finder.com is an independent comparison platform and information service that aims to provide you with information to help you make better decisions.

  • The limited accessibility of quality vegan products is quickly reversing course.
  • See my more detailed look at if Odd Burger is a good investment if you’d like to learn more about the company.
  • 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.
  • 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.
  • All of its products are vegan friendly, and they’re growing globally at a rapid pace, making it an interesting company to consider investing in.

It is projected that the growing popularity of vegan cheese among consumers who are lactose intolerant will aid in the segment’s expansion. The expansion of plant-based meat products in the HoReCa segment is also expected to boost the consumption of vegan food globally. In September 2021, McDonald introduced McPlant, a plant-based burger in the UK. The burger has been developed in partnership with Beyond Meat. It consists of a vegan patty on a sesame bun, with vegan sauce & vegan topping, and is available in more than 200 McDonald’s.

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But if you’re looking to invest in the science behind the customer-facing finished product, consider a few shares of Burcon NutraScience. The company does the complex and high-tech work of extracting plant protein from raw materials like peas and canola for the production of things like alternative milk and mock meat. Tattooed Chef is one of the hippest vegan brands on the market.

vegan stocks

ETFs are in many ways similar to mutual funds; however, they are listed on exchanges and ETF shares trade throughout the day just like ordinary stocks. So if you’re looking to get in on an investment with a steady trajectory in the right direction, bdswiss trading are the perfect pick. With its offerings of plant-based food products, Beyond Meat remains at the top of the vegan food chain. 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. While Lindsay doesn’t make plant-based or vegan food, it does provide products to farmers that keep the food supply healthy and alive. Without Lindsay and its peers, crops wouldn’t yield nearly as much, putting the production of vegan and plant-based foods in greater jeopardy.

Impossible Foods

The company’s strong vision and goal to be the most sustainable company in the world is undoubtedly the key to its success. While you may be tempted to buy stock from companies who exclusively buy vegan options, you shouldn’t discount those that at least offer plant-based meat alternatives. With the vegan industry on the rise, companies will continue to adapt to this plant-based paradigm, implementing new business strategies around vegan meat. While I mentioned Beyond Meat in the introduction, the company-specific risk that BYND stock carries at this point in its development would make it irresponsible for me to recommend the shares wholeheartedly. I love its products, but even I need more proof that the company can grow sufficiently and become profitable in the future.

See my more detailed look at if Odd Burger is a good investment if you’d like to learn more about the company. Note that there are a surprising amount of vegan companies in Canada. Many trading platforms support Canadian exchanges even if demarker indicator formula you live in other countries. Chris helps young people prosper – both mentally and financially. As with most IPOs, shares of Impossible Foods may be overvalued at launch. I bet a few VCs will even short it if they can find willing lenders.

So if you’re seeking some exposure to vegan stocks, see if your brokerage offers a food-oriented ESG portfolio. In addition to a positive growth forecast, vegan stocks qualify as a socially responsible investment. Socially responsible investments support companies that aim to have a positive social or environmental impact. This type of investing has become more popular in recent years and gives investors the opportunity to support companies and causes they truly care about. Very Good Food Company is a Canadian-based alternative food company. It is yet another example on this list of vegan stocks that has slumped from its all-time high.

vegan stocks

Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients’ requirement whether they are looking to expand or planning to launch a new product in the global market. New business strategy in September 2021 that focused on investing in the brands with the greatest growth potential. If the profits follow, this stock is a bargain at current prices.

To determine the 10 best vegan stocks to buy, we identified the major players in the industry by going through market reports and industry news. We looked at each company’s financial statements and its past performance of up to twelve months. 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.

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In addition to irrigation products, Lindsay manufactures infrastructure solutions for highways and railroads. For the first half of 2022, it reported that its revenue had climbed 11% to $10.85 billion. During the same period, its operating EBITDA rose 17% YOY to $2.76 billion.

What’s more, VEGN thus far has remained unaffected by the volatility seen in many of the individual stocks. Other than a March 2020 dip signaling the beginning of pandemic shutdowns, share prices have risen steadily, gaining 24.89% so far this year. Anyone looking to get in on a specialized niche within the larger vegan industry might consider buying a few shares of Else Nutrition, a smaller company that deals specifically in vegan infant food. Based in Israel, Else Nutrition makes a plant-milk formula for babies that is currently undergoing regulatory procedures, plus a formula for toddlers and a nutritional product suitable for children of any age. However, this has been a difficult year for Very Good, with its stock seemingly in a freefall since January. The company released a statement on Oct. 7 announcing the appointment of Justin Steinback, a global leader in the consumer and packaged goods and food service industries, to its board.

Over the coming years, traditional meat companies will face growing backlash. This backlash will come from both consumers and politicians. Many people don’t quite realize how inefficient the meat industry is from an energy consumption perspective. For example, a full-grown bull weighs about 1,100-2,200 lbs.

Other Ways To Invest in Vegan/Plant-Based Food Companies

Since consumers remain concerned about their food security, the company’s irrigation business should continue to generate strong revenue growth. However, part of the problem is that consumers don’t even know the difference. According to Axworthy, a 2020 study by the Vegan Society found that 64% of respondents thought plant-based meant free of animal products. 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. 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.

But those sales sit at a little more than $20 million today, and the creamer market in the U.S. alone measures around $3 billion. To that extent, BYND stock has huge long-term upside potential. 0.85x sales, INGR stock hasn’t been this cheap on a valuation basis since 2013. Like Conagra, Maple Leaf has an attractive dividend yield of 3.1%.

A small, emerging vegan food technology startup called The Very Good Food Company spent much of 2020 growing too big too quickly for investors not to take seriously. A Canadian company, it experienced massive, triple-digit growth in terms of both revenue and sales last year. Earlier in December, Impossibe Foods reported an 85% increase in quarterly retail revenue compared to last year, MarketWatch reported, citing data from market research and analystics company trading systems and methods IRI. Its plant-based meat products are available in over 20,000 stores, including big-box stores and major supermarkets. 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 hot dog chain kitchens.

Eighteen of them rate it “overweight” or “buy” with an average target price of $66.47, versus its current share price of $62. Oatly’s products are now available in more than 65,000 stores and more than 60,000 coffee shops. Its revenue jumped 52.6% to $643.2 million in 2021 compared to the previous year, although Oatly is currently unprofitable because it is spending aggressively on marketing. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

They have a market cap towering above $6 billion and have returned over 320 percent for its shareholders since its IPO. The video below further explains investing in the vegan sector and everything you need to know to get started. With the increase of health consciousness growing in the United States, this industry is showing no signs of slowing down. Many of these funds include vegan commodities like oats, wheat, soy protein, and raw materials.

Longer-term, management believes it can sustainably grow same-store sales at a low-single-digit rate. HRL), actively invest in acquiring and developing new goods and brands that will cater to the growing demand for plant-based products among consumers. Major food companies know that plant-based food popularity will only grow in the coming years as the vegan trend becomes a norm worldwide.

Vegan stocks have historically been good investments during recent periods in history. Always be sure to assess the risk of any investment prior to buying. United Natural Foods is involved in the distribution of natural and organic food products. This company has yielded a return for its shareholders of over 91 percent in the past five years! It is very likely that the companies discussed here will end up on their shortlist for new vegan products to try.

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