10 best vegan actions to buy according to analysts

In this article, we will examine the 10 best vegan actions to buy according to analysts.

Overview of the world market for vegan foods

According to Grand View Research, the world market for vegan food was estimated at $ 16.55 billion in 2022. It is expected to increase at an annual growth rate made up of 10.7% between 2023 and 2030. North America was the largest turnover of the revenue generation and growth of the market of the market of the market of the market of the market market. 2030.

The main reason for this growth is continuously increasing awareness concerning the advantages of a vegan diet. The concerns concerning cruelty to animals and animal health support the growth of this industry, which puts people from an animal -based diet to a vegan and vegan diet. Grand View Research reported that Grubhub, a large online food delivery application, represented a 17% increase in overall vegan food deliveries in 2021.

Concerns surrounding the American economy and the food industry

Despite the positive perspectives of the vegan food market, the global food industry in the United States is a concern due to the possible effects of Trump prices and slowing the country’s economic growth. Consumers reflect these trends, as the expectations index fell to a reading of 72.9, reflecting a decrease of 9.3 points. The measure has dropped below the level in accordance with the recession for the first time since June 2024, according to CNBC.

In addition, the Conference Board consumer confidence index fell to 98.3 for February, reflecting a slip of almost 7% and less from the Dow Jones forecast of 102.3. We have discussed what prices and potentially growing inflation could mean for the food industry in a recently published article on the 10 stocks of cheap food to buy according to hear funds. Here is an extract from the article:

Economists and experts believe that the situation is unpredictable and worrying. Trump’s prices can trigger another bubbling of inflation in a scenario where the federal reserve weighs the chances of further reducing interest rates or holding political experts and decision -makers withdraw the effects of aggressive trade and policies of the president, as reported by CNBC.

Consumers reflect the concerns of economists and experts, as inflation expectations of 12 months increased to 6%, compared to 5.2%in the last month and considerably higher than the constant objective of the Fed of 2%. CNBC reported that Guichard estimated:

“This increase probably reflected a mixture of factors, including sticky inflation, but also the recent leap of the prices of key foods such as eggs and the expected impact of prices. There has been a strong increase in trade and prices mentions, at an invisible level since 2019. In particular, comments on the current administration and its policies have dominated the responses. »»

The secretary of the Treasury Scott Bessent sounded the prudence bells concerning “sticky” inflation and the slow growth potential. He attributed the cause to the administration of former president Biden, saying that he favored an economy too dependent on public spending. He said the government’s plan is now to develop a more diverse economy thanks to deregulation, tax reductions and prices. However, such a scenario is likely to have negative effects on the food industry. Economists believe that such aggressive policies can cause the cost of food, clothes, toys and household appliances.

With these trends in mind, let’s examine the 10 best vegan actions to buy according to analysts.

Our methodology

We have examined the screening of actions, online rankings and FNBs to compile a list of vegan stocks. We then selected the top 10 with the highest analysts’ increase in analysts. We have also added the number of hedge fund holders for these actions in Q4 2024 fiscal. We have provided the data for hearing funds of the insider monkey database. The list is sorted in the growing order of the average increase in analysts on March 4.

Why are we interested in the stocks in which the hedge funds stacked? The reason is simple: our research has shown that we can surpass the market by imitating the main choices of stock of the best hedge funds. The strategy of our quarterly newsletter selects 14 shares with small capitalization and large capitalization each quarter and has rendered 373.4% since May 2014, beating its reference with 218 percentage points (See more details here).

10 best vegan actions to buy according to analysts

10 Incorporated ingredion (nyse: ingr)

Upside analyst: 20.64%

Number of hedge holders: 36

Ingredion Incorporated (NYSE: Ingr) is a global supplier of ingredient solutions that transforms fruits, vegetables, cereals and other materials based on plant -based ingredients solutions for several markets, including food, drinks, animal nutrition, brewing and industrial markets. The company’s products are mainly derived from the treatment of corn and other starch -based materials, including rice, potatoes and tapioca. It operates through four segments: North America, South America, Asia-Pacific and Europe, the Middle East and Africa (EMEA).

In 2024, Ingredion Incorporated (NYSE: Ingr) reiterated its commitment to the yields of robust shareholders through $ 210 million in dividends and $ 216 million in share buybacks. It is determined to continue to return the value to shareholders in the future. Ingredion Incorporated (NYSE: Ingr) reported a drop of 6% and 9% of its net sales in Q4 2024 and the full year 2024, respectively. This drop was awarded to factors such as the challenges of price mixing, foreign exchange impacts and a drop in income due to the sale of its South Korean activities.

However, the company’s BPA for the fourth fiscal quarter of 2024 reached $ 2.63, exceeding analysts’ estimates and reflecting growth of 34% compared to last year. The BPA adjusted for the full year 2024 was $ 10.65, compared to $ 9.42 in 2023. This growth was allocated to the momentum of the continuous sales volume in the texture and healthy and industrial ingredients segments.

Polaris Global Equity Strategy indicated the following elements concerning Ingredion Incorporated (NYSE: INGR) in his letter of investor of the tttttt-lettre:

“Five of the six basic consumer dishes had two -digit gains, directed by Incorporated incredion (NYSE: Ingr) and Koninklijke Ahold Delhaize. The supplier of American food / drinks ingredients, Ingredion, announced solid results in the second quarter, invoking growth in its texture and healthy solutions, while its food and industrial segments have responded to high demand from customers. In addition to sales growth, the Cost2Compte program of Ingredion has proven to be a boon for the company, already achieving more than $ 18 million in execution rate savings in just one quarter. »»

9. Mission Produce, Inc. (Nasdaq: AVO)

Upside analyst: 37.65%

Number of hedge holders: 22

Mission Produce, Inc. (NASDAQ: AVO) specializes in agriculture, marketing, packaging and distribution of lawyers to distributors, food retailers and wholesalers. Its operations are divided into three segments: marketing and distribution, international agriculture and blueberries. Its blueberry segment manages an agricultural operation that cultivates the blueberries in Peru. The company also provides the support of merchandising and promotion, practical training and information on market trends.

Mission Produce, Inc. (Nasdaq: AVO) has a solid integrated company and can pass transparently between the regions to maintain a coherent customer offer. This gives it a competitive advantage of the market, allowing it to provide robust margins per unit. Mission Produce, Inc. (Nasdaq: AVO) also has a complete supply network, allowing it to maintain a reliable supply even during the disruption.

He reported a strong 2024 exercise, which allowed a turnover of $ 1.2 billion. The generation of cash flow flows of the company has painted an optimistic image, because it provided an increase of $ 64.2 million in operating cash flows during the financial year 2024 compared to the financial year 2023. It also generated $ 107.8 million in adjusted Ebitda, reflecting the strength of its business model and its advanced post. Mission Produce, Inc. (Nasdaq: AVO) takes ninth place on our list of the best vegan actions to buy according to analysts.