While vaccines for COVID-19 are now being distributed, it will still be months before a critical mass of the public is vaccinated, leaving meatpacking plants vulnerable to further disruptions. He particularly enjoys creating model portfolios that stand the test of time. A new Aussie plant-based meat startup has launched, backed by the CSIRO and the founder of Hungry Jack's. However, earlier this year it got rid of Beyond Meat products at all of its Tim Hortons locations in Canada. Elders (ASX:ELD), perhaps the best known of the ASX’s four beef cattle stocks, admitted that retail earnings had been impacted by “unseasonally dry conditions across many parts of … A big driver behind the increase in purchasing fake meat is the benefit it has on the environment. Sure, the plant-based meat alternatives company has had an outstanding first few months on the market. Through the introduction of its Raised & Rooted™ brand of plant protein and blended protein options including burgers and nuggets, Tyson Foods has become the largest U.S. meat producer to enter the growing alternative protein segment,” Tyson stated. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. As grocery stores struggle to keep meat on their shelves during the novel coronavirus outbreak, meatless products have become a popular alternative. Despite the increased rollout, Tyson didn’t make reference to Raised & Rooted in either its Q2 2020 10-Q or quarterly conference call with analysts. Potvin sold Yves to Hain in 2001. Although the company was. The IPO success of Beyond Meat (NASDAQ:BYND) has me revisiting the world of plant-based foods and vegan stocks to explore how investors might take advantage of the move to meatless alternatives. "People are eating out less, and staying home, and eating around the dinner table more.". I like the taste of Beyond Meat’s products better, but that’s a subjective matter. The aforementioned Restaurant Brands International owns Burger King. Copyright © Shares of Beyond Meat are down 37% from their October peak and are only 5% above where they traded a year ago, before the coronavirus pandemic took hold. The company has raised more than $1.2 billion since its inception in 2011. Market data powered by FactSet and Web Financial Group. “And you know, there’s even more opportunity internationally.”. The company originally started out as a division of Holdenson & Nielson Fresh Foods Pty Ltd in 1952. America’s #1 Stock Picker Reveals His Biggest Recommendation of 2021... On Feb. 23, Luke Lango will reveal his #1 tech pick of the year… details on the hyperscale opportunities on the cusp of changing the world… and how YOU can get in on the action. How to get a bite of the alternative meat craze Where's the beef in this week's Money Cafe? Consumers might choose not to buy six months of Beyond Meat beef, chicken, or pork products, but with fewer selections of actual meat in a supermarket's meat case and a strong desire for healthy foods, suppliers of plant-based meat alternatives may just see sales resume their meteoric rise. The company has raised more than $1.2 billion, since its inception in 2011. That's going to get worse during the winter as restaurants face the cold reality of limited or no indoor seating, and few options for outdoor dining. In fact, the Plant Based Foods Association suggests, The plant-based food company went public on May 1, 2019, at, a share, selling 11.1 million units of its stock for net proceeds of. Think an article needs a correction? Source: Sundry Photography / Shutterstock.com, Source: Jonathan Weiss / Shutterstock.com, Today, the global plant-based meat market is worth an estimated, . Today, 29% of Americans identify themselves as “flexitarian,” with approximately 79% of Gen Z (those born between 1995 and 2015) eating plant-based food 1-2 times per week. The market for plant-based or lab-made meat could climb to $140 billion in the next 10 years as emerging companies capture a 10% share of the $1.4 trillion meat market, Barclays said … The burgers will now be launched at the same time as its new plant-based sausage products later in 2020. ”That means the opportunity here could be in the range of $30 billion just in the U.S.,” CEO Sean Connolly said in August 2019. The surge of New-York listed Beyond Meat and predictions that the plant-based meat market will be worth US$13.3 billion by 2023 has prompted more companies to break into the space.. In February, the shareholders voted to extend the 18-month period for an additional four months through June 10, 2020. Article printed from InvestorPlace Media, https://investorplace.com/2020/07/7-stocks-to-buy-to-ride-the-vegan-wave/. His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised at the same time), but his writing also covers the broader sectors of consumer goods, technology, and industrials. Few investing trends are more talked-about nowadays than the alternative meat space, and the partnership between the biggest name in fast food history and one of fake meat… U.S. retail sales jumped more than 40% while international retail sales were 26% higher. Companies in the industry of "industrial metals & minerals" are considered alternatives … “Looking ahead, we believe we are in the early stages of Tattooed Chef’s growth, and will continue to build brand awareness, expand distribution with new and existing customers, launch innovative products, and invest in our infrastructure in order to capitalize on the global plant-powered food market,” Tattooed Chef Chief Executive Officer Sam Galletti said. By November of last year, Raised & Rooted products had made it into 7,000 stores across the U.S., almost double the number of stores carrying the brand in August. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now. On July 22, Beyond Meat announced that it would be making its Canadian version of the Beyond Burger at a co-manufacturing facility in the province of Quebec. Cultured proteins/agriculture (I read that as lab-grown meat) Cell agriculture; Beyond Meat (BYND) Stock Exchange: Nasdaq. Have a story idea? Listing: BYND. This would then pave the way for meat-alternative stocks to benefit hugely. Kellogg (K) When most people think of Kellogg, the first thing that comes to mind is … Panic buying may start to creep into grocery stores again as new cases of COVID-19 grow and a new strain of the virus first found in the U.K. has now been identified in at least nine states. However, while its chicken nugget product is meatless, its burger contains Angus beef as well as pea protein isolate. Sales for the company’s Plant Protein Group grew 25.9%, double the sales of its Meat Protein Group. Publications where he’s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. Household penetration is still in the single digits although it’s increasing all the time, and we’re incredibly well positioned to grow with our two platforms.”. However, Maple Leaf lost money in the quarter due to increased strategic investments for its plant-based business and lower market prices for livestock. identify themselves as “flexitarian,” with approximately 79% of Gen Z (those born between 1995 and 2015) eating plant-based food 1-2 times per week. If MorningStar Farms were given the same valuation, it would be worth $10 billion to Kellogg, about 41% of the company’s current market cap. Iowa State University says beef and pork production remain below last year's levels. Thankfully, as a Canadian, I’ve been able to replace it with Toronto-based Maple Leaf Foods (OTCMKTS:MLFNF), whose Protein Group, which includes plant-based food brands such as Lightlife and Field Roast, certainly fills the bill. Although its third-quarter results continued to be hurt by the restrictions imposed on the foodservice industry, an important component of Beyond Meat's business, the retail segment, remained robust. Publications where he’s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. In early May, Maple Leaf reported its first-quarter results. Stock Advisor launched in February of 2002. ASX IPO review 2020 Looking back at ASX IPOs in 2020 and insights into trends and IPOs in 2021. Burger King, Subway, Dunkin’, and many others all now offer plant-based products. Its focus on climate and water is important to ROO’s growth trajectory: plant-based meat agriculture is fast becoming a multi-billion dollar ind… Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The company also operates meat supply chains in Indonesia and China. Competitors Northern Minerals (ASX:NTU) Vs. BOLT, CZX, EX, FCR, FCR, and GP. At the start of 2020, it was available in just 150. “And you know, there’s even more opportunity internationally.”, The aforementioned Restaurant Brands International owns Burger King. With 33% fewer calories than a leading brand of pork sausage patties, these are bound to be a hit with health-conscious consumers. 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. And shares are trading up more than 500% from their IPO price of $25, making Beyond Meat… Combined, they were just barely enough to offset the downdraft in the foodservice segment, which left total sales just 2.7% higher. 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. pounds of faux meat a year, with about one-third of that volume in fake burgers and the remaining two-thirds from other products such as chicken and sausage alternatives. He particularly enjoys creating model portfolios that stand the test of time. According to Nielsen, the sale of meatless products in the last week of March increased by 255% over the same week a year earlier. Today, the global plant-based meat market is worth an estimated $12.1 billion. Beyond Meat Stock Could Skyrocket if There's a New Meat Shortage Consumers turned to plant-based beef alternatives during the last shortage; more may do so this time around. 1125 N. Charles St, Baltimore, MD 21201. Yet the head of the company’s plant-based business believes Covid-19 has provided it with an opportunity to shine a light on its products. In a previous article about the move to plant-based foods, I discussed, One of its subsidiaries is Yves Veggie Cuisine, founded by Canadian food entrepreneur Yves Potvin in, Potvin’s next move was to create Gardein in 2003, a maker of meatless alternatives, including veggie burgers and chicken sliders. US conglomerate Tyson Foods made headlines after investing millions in meat alternatives leader Beyond Meat in 2016, ... you'll need to open an account with a broker that offers ASX stocks. This may be a little convoluted but stick with me. We’re motley! Reach Rich here. Restaurant sales of meat-alternative products jumped 268% from 2018 to 2019, ... and the restaurants had no idea when they would get them back in stock. At the time of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. Right now it's operating with half its business not fully functional because the foodservice segment continues to limp along. Tyson’s brand is called Raised & Rooted. “We see significant upside in this category. It was in just such an environment last year that Beyond Meat saw its sales surge, and a new meat shortage could cause that to happen again. 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