E New Plant-Based Pure-Play Food Stocks Index Up 4.9% Last Week

To provide insights into the progress of the fledgling fake meat, dairy, eggs and seafood sector’s growth we have created the munKNEE Pure-Play Plant-Based Food Stocks Index* to track each constituent’s stock price performance to complement the munKNEE Pure-Play Pot Stock Index and the munKNEE Pure-Play Psychedelic Stocks Index. Only 6 pure-play plant-based stocks are currently listed on the various Canadian and American stock exchanges and all 6 are included in the Index.

Below are introductory paragraphs, and links, to my recent exclusive articles on TalkMarkets on each company followed by their stock performances for the week ended November 27th. (All prices in USD):

Constituent Introductions

  1. Q3 Financial Report Shows How Hard COVID-19 Affected Beyond Meat Inc.
    • People hardly talked about things like vegan/vegetarian, chemical-free, GMO-free, hormone-free, gluten-free, and so on, a decade ago but it is a megatrend today.
  2. Else Nutrition: Plant-Based Food Products For Young Children
    • The steady rise in plant-based products indicates that this is not a bubble or a fad, but a real change in consumer behavior – a tipping point. One of those companies with truly innovative products is Else Nutrition Holdings Inc. (BABYF).
  3. Award Winning Modern Meat Inc. Is Disrupting The Traditional Meat Industry
    • Recognizing a gap in the market for nutritious and satisfying meat alternatives that were soy-, gluten-, nut-, and GMO-free the company quickly became the fastest-growing alternative-meat company in Canada.
  4. The Very Good Food Company Inc.: A Promising Newcomer In the Plant-Based Food Sector
    • VRYYF went public in June of 2020 at C$0.25/share and is currently trading around C$1.73.
  5. Better Plant Sciences Inc. Ready To Capitalize On The Burgeoning Growth In Plant-Based Foods
    • Better Plant Sciences is focused on developing and acquiring plant-based food and beverage formulas, health supplements, therapeutic formulas, and skincare formulas to take full advantage of the dramatic growth in such products.
  6. Laird Superfood Inc. Capitalizing On Rapid Growth In Plant-Based Foods
    • The plant-based beverage market was valued at $11B in 2017 and is expected to reach $20B by 2023, growing at 12% CAGR, and Laird Superfood is capitalizing on that growth.
1 2
View single page >> |

Visit  munKNEE.com and register to receive our free Market Intelligence Report newsletter (sample  more

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.