Food trends come and go, but the latest — the plant-based food revolution — is here to stay, at least if the investors pouring millions into the companies have their way.
The most prominent example, Beyond Meat, is now worth $8.6 billion (€7.8 billion), with shares up over 120 percent since its May initial public offering on the NASDAQ.
The plant-based food industry is estimated to be worth $140 billion (€127 billion) within the next decade, potentially capturing 10 percent of the $1.4 trillion (€1.3 trillion) global meat industry, according to a report from Barclay’s…