Swissquote: Alternatives to animal ingredients have become a multi-billion dollar industry
5% expected growth of the vegetable food products market in the region over the next 5 years
The market for plant-based food products is divided into egg, dairy, and meat substitutes.
archival
Shadi Kerbaj: “Investors should consider entering this market as part of their diversified and sustainable investment strategies.”
picture
Swissquote Bank Ltd., the global provider of online financial services and trading, reports that the emergence of veganism has led to the proliferation of animal-free alternatives to various types of products, which is now a multi-billion dollar industry.
Shadi Kerbage, Deputy CEO of Swissquote Bank in Dubai, said: “The vegan market is divided into egg and dairy alternatives, meat alternatives, vegan baked goods and vegetarian snacks. While the Middle East market is still lagging behind other markets, it keeps pace with This trend is gradual, with growth likely to rise by 4% to 5% over the next five years.
In 2019, the Middle East vegetable market accounted for $176 million out of nearly $16 billion globally.”
Kerbage added, “Investors should consider entering this market as part of their diversified and sustainable investment strategies, with a broad portfolio that includes diversified products and stocks from various meat substitute companies, dairy substitute manufacturers and vegetarian snack producers.”
According to market research, the global market for plant-based foods was valued at $15.4 billion in 2020, and is expected to grow by 9.6% from 2019 to 2025. North America, Europe, and Asia Pacific have the largest proportion of the vegetarian population, and according to the Vegetarian Association, the jump The demand for meat-free food between 2012 and 2017 increased by 987% as global awareness of animal and environmental issues increased.
Thus, the trend is still upward, and new innovations to produce plant-based alternatives to meat are likely to continue.
He pointed out that «in general, investors may consider two options, the easy option includes buying shares and shares listed on the stock exchanges of China, Europe and America, and a good example of this is the company (meat substitutes) Beyond Meat, listed on the stock exchange under the symbol (BYND), which amounts to Its market value is $8.4 billion, after the value of its shares jumped 35% in one year. We can also mention another company, Nomad Foods Ltd, a UK-based vegan company with revenues of $3 billion in 2020. The stock of Nomad, which is a top performer, rose by 41.5%. in one year. The second option is to invest in startups with potential as angel investors, where the risks are higher in order to obtain opportunities that offer greater rewards.”
"Investors can focus on distribution channels for vegan food products, which include specialized stores and online stores," he added.
Kerbage said: “(Swissquote Bank) owns an investment certificate based on an investment certificate that gives access to companies that get at least 90% of their revenue from the plant-based diet industry, and this certificate has grown by 16.5% since its inception in September 2019. By itself, the bank offers its clients the ability to choose from millions of investment instruments around the world, which are not just limited to ETFs or stocks.”
Follow our latest local and sports news and the latest political and economic developments via Google news