Are plant-based food stocks a good investment?

Plant-based food stocks have been performing well in terms of sales due to their high protein content. Recent earnings have been strong for companies like Ingredion, which also offers a dividend yielding more than 3% currently. The plant-based food sector is regaining popularity, having seen a higher hype a few years ago.

What is the market cap of a plant-based food stock?

Market cap: US$1.11 billion The most mature pure-play plant-based food stock on the market, Los Angeles-based Beyond Meat first launched its brand nearly a decade ago. Today, the company’s plant-based meat alternatives can be purchased in grocery stores and restaurants across the globe.

Are plant-based food stocks coming back into fashion?

There is renewed interest in plant-based food stocks. However, a few years ago, the sector experienced a significant hype. Beyond Meat (NASDAQ: BYND) was a pioneer in the push toward plant-based meat alternatives. Despite the initial hype, the company has failed to meet expectations and is at risk of bankruptcy. This failure has caused a cooling down of demand overall.