Image by Sean Hayes from Pixabay

Despite all the hype regarding plant-based grocery and fast foods, there are only 5 publicly trading pure-play companies in the plant-based consumer packaged goods sector with market capitalizations of US$50M or more and they are tracked in the munKNEE Pure-Play Plant-Based Food Stocks Index.

Below is the performance of the constituents in the index for the month of July, in descending order, and YTD

The munKNEE Pure-Play Plant-Based Food Stocks Index

1. Oatly Group (OTLY): UP 7.5% in July; DOWN 53.3% YTD
   • the world’s original and largest oat drink company catering primarily to customers in Sweden, Germany, United Kingdom, Netherlands, Finland, and North America.
2. Else Nutrition (BABYF): UP 6.3% in July; DOWN 42.7% YTD
   • an Israel-based food and nutrition company focused on developing innovative, clean, and plant-based food and nutrition products for infants, toddlers, children, and adults.
3. Beyond Meat (BYND): UP 0.1% in July; DOWN 50.9% YTD
   •  seeks to replicate the look, cook, and taste of meat. Its products are sold in the meat case of retail food stores across the U.S. and Canada and 83 other countries.
4. Tattooed Chef (TTCF): No Change in July; DOWN 59.4% YTD
   • offers a broad portfolio of plant-based food products that are available in the frozen food sections of national retail food stores across the United States.
5. Guru Organic Energy (CSE: GURU; GUROF): No Change in July; DOWN 43.3% YTD
   • a Montreal, Canada beverage company launched in 1999, when it pioneered the world’s first natural, plant-based energy drink.

In total, the munKNEE Pure-Play Plant-Based Food Stocks Index went UP 18.9% in July and is now DOWN 51.5% YTD.

We think the above Index reflects the true health of the plant-based food stocks sector in the U.S. and Canada.

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