Being vegan or vegetarian was once considered a "fad diet" but has now grown into a lifestyle and puts this emerging small-cap company at the forefront of an exploding sector! From an everyday perspective, plant-based foods are giving traditional proteins a run for their money. Grocery and at home consumption are on the rise and major companies like Starbucks, Burger King, Subway, Del Taco, as well as many others are growing their list of products to incorporate plant-based foods. By 2024, the global plant-based meat market is forecasted to reach $24.11 billion and some forecast that market even reaching $85 billion by 2030! We are in the early innings of a pronounced shift in the kinds of food people consume and this emerging small cap company is an early mover in the plant-based foods space with promising upside potential! The company is on a mission to transform plant-based food, with no compromises on taste, quality or global impact. It was only in September of 2021 that the company completed its arm's length acquisition of a British Columbia-based vegan cheese company. This is just the beginning of growing their family of plant-based companies! See why this company may be the next contender to see astronomical growth in the plant-based arena!
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Wednesday, December 1, 2021
This emerging small-cap company is at the forefront of an exploding sector!
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