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Best Vegan Stocks to Buy UK for 2021 – With 0% Fees

The rise of veganism and the growing adoption of vegan-based diets have caused a massive movement in the food industry over the last decade. In the wake of this transition to vegan-based diets, several vegan stocks have grown in popularity and afforded investors a unique opportunity to invest in vegan stocks and shares.

Throughout this guide we’ll be covering the best place to buy vegan stocks right now as well as the 10 hottest stocks on the market. Keep reading to learn more. 

Key Points on Vegan Stocks

  • Veganism has been in existence for centuries as a lifestyle and diet, but plant-based eating has recently taken consumers by storm.
  • Companies including Beyond Meat and Oatly, for example, have seen their market caps move above the multi-billion dollar mark.
  • Ever wondered where you can start trading vegan stocks with low fees? eToro offers stock trading with 0% commission and a user-friendly trading platform.

 

68% of retail investor accounts lose money when trading CFDs with this provider.

Best Vegan Stocks List 2021

Our best vegan stocks were selected from a range of different vegan-based food companies all of whom show tremendous promise for future growth. So, without further ado, here are the best vegan stocks to invest in for 2021.  

  1. Oatly (OTLY) OTLY specialises in the production of oat milk as well as other plant-based dairy.  
  2. Beyond Meat (BYND) – Beyond Meat is a developer of innovative plant-based alternatives for meat products.
  3. Tattooed Chef (TTCF) – TTCF focus on the creation of plant-based frozen foods and microwavable meals. 
  4. Laird Superfood (LSF) – LSF produces plant-based products such as creamers, coconut water, nuts, and coffee. 
  5. United Natural Foods (UNFI) – UNFI is a U.S-based wholesaler of organic and plant-based food products. 
  6. B&G Foods, Inc. (NYSE: BGS) – Best vegan stock to invest in with dividend yield of 6.22%.
  7. Very Good Food Company (VERY) – Plant-based meat and vegan cheese producer.
  8. Else Nutrition Holdings (BABY) – Specialised producer of baby food products offering plant-based products.
  9. Calavo Growers (CVGW) – CVGW is a grower of a wide selection of fruits and vegetables.
  10. Hain Celestial (HAIN) – HAIN is known for a wide variety of brands including Rice Dream and Celestial Seasonings. 

Did you know that you can buy all these vegan stocks with 0% commission on eToro?

A Closer Look at the Best Vegan Stocks to Buy 

If you’re looking for vegan stocks UK to invest in right now, here’s everything you need to know about the best shares to buy now.

1. Oatly (OTLY) – OTLY specialises in the production of oat milk as well as other plant-based dairy alternative made from oats.

One of the largest vegan stocks on this list by market capitalisation, OTLY currently boasts a market capitalisation of 6.31 billion USD. It is one of the more recent IPO’s having launched into the public markets in May 2021. Since it began operating in the ’90s, this Swedish oat milk brand has continued innovating its varied product list to include everything from oat-based alternative dairy products to cooking creams and drinks.

Oatly’s strategy appears to be to capture as much market share as they can as quickly as possible. In an effort to achieve this, they have been spending significant amounts of capital on comprehensive marketing campaigns. These aggressive marketing campaigns have meant that Oatly has failed to achieve profitability and their stock price has reflected this. Since its IPO at $20 per share, Oatly has fallen nearly 50% to its current price of $10.5 per share. 

This large decline in the price of Oatly stock has presented investors with an interesting opportunity to secure a fantastic entry point into one of the best vegan stocks on our list. With analysts expecting the price of the stock to rise as high as $17 per share by 2022, investors stand to gain an impressive 70% return. 

68% of retail investor accounts lose money when trading CFDs with this provider.

2. Beyond Meat (BYND) – Beyond Meat is a developer of innovative plant-based alternatives for meat products which include chicken, beef, and sausage.

Likely the most well-known company on our best vegan stocks list, Beyond Meat is an industry leader in the plant-based food substitutes space. Their comprehensive range of products has become a common sight at many large supermarkets and is regularly featured on vegan restaurant menus across the globe. Beyond Meat’s products are sold at over 122,000 locations in over 80 different countries. 

Their stock is currently trading for $77.53 per share which unfortunately represents a 33% decline over the last 6 months and a 45% decline over the last year. This downtrend has been further compounded by their Q3 earnings report on November 10th which reported a loss almost three times higher than Wall Street expectations.  With analysts reporting a 12-month price target of $75 per share, BYND is certainly not a short-term play. Investors who are interested in opening positions with this stock need to take a long-term view of their investments. 

BYND recently entered into a five-year partnership with Stanford University which they hope will yield meaningful data on the benefits their products can bring consumers. This comes after their CEO reflected on the fact that the slowdown in sales may be the result of consumers being unaware of the health benefits that plant-based diets can afford them. The partnership with Stanford University should provide BYND with the information needed to properly market its products to its customers and begin to increase sales. 

68% of retail investor accounts lose money when trading CFDs with this provider.

3. Tattooed Chef (TTCF) – TTCF focus on the creation of plant-based frozen foods and microwavable meals.

An increasingly popular stock in many investors’ portfolios is TTCF and it is not hard to understand why. With a market capitalisation of just 1.4 billion and slowly increasing revenues, the growth potential on the stock is massive.

Tattooed Chef went public through a SPAC in late 2020 and saw its revenues jump almost 75% that year. With products available in over 4300 retail stores, the TTCF brand is gaining significant traction among consumers. Over the long term, they intend to continue growing their product offerings and begin to expand their sales and partnerships internationally. 

TTCF is currently trading for $17.50 per share, down 14.38% over the last 6 months. With an average analyst price target of $20, there is a chance of some meaningful growth in the short term. However, investors looking at investing in Tattooed Chef should take a 3-5 year outlook on their investments as the exponential growth which will be driven by their expanding partnerships and sales is still to come.

68% of retail investor accounts lose money when trading CFDs with this provider.

4. Laird Superfood (LSF) – LSF produces plant-based products such as creamers, coconut water, nuts, and coffee. 

Founded in 2015 by athlete Laird Hamilton, LSF produces plant-based coffee creamers, various drink products, and beverage supplements designed to improve sporting performance. Their goal is to grow by expanding their presence with different retailers and expanding their existing product line to further capitalise on this multi-billion dollar market. 

At the time of writing, LSF is trading for $15.33 per share which represents a 54% decline over the past 6 months. With a 1-year average price target of 33$ a share, LSF may be one of the most exciting short-term plays on our list with the potential for a 100% return over the next 12 months. 

Their decline over the past 6 months is in line with the general industry decline. Vegan stocks have been significantly hammered down by the markets due to low earnings figures being reported and LSF is no exception. Their most recent earnings report highlighted a quarterly loss of $0.59 per share and fell short of expectations.

That said, LSF has made several initiatives towards profitability and is continuing to rapidly scale its omnichannel platform. If their management team is properly able to execute over the coming 12 months, LSF may prove to be an excellent investment opportunity. 

68% of retail investor accounts lose money when trading CFDs with this provider.

5. United Natural Foods (UNFI) – UNFI is a U.S-based wholesaler for a wide range of organic and plant-based food products. 

United Natural Foods is one of the only stocks on our list that isn’t exclusively in the vegan-food space. As a wholesaler, they provide a wide range of food products with a focus on natural and organic food. UNFI provides over 275,000 different products to supermarkets across the United States. Their largest customer is currently Whole Foods, who have inarguably built a strong reputation for providing their customers with healthy and organic food choices. 

Their sales jumped significantly during the Covid-19 pandemic and their growth hasn’t slowed since. This massive growth has been reflected in the company’s share price which has soared almost 200% over the last year. Currently trading for $51 per share with a market capitalisation of 2.8 billion, it is difficult to say whether how long this uptrend will continue. As Warren Buffet famously said, it is better to be greedy when others are fearful and fearful when others are greedy. Analysts 1-year estimates are below the current price and so investors with a short time horizon may be well advised to exercise caution when considering UNFI. 

68% of retail investor accounts lose money when trading CFDs with this provider.

6. B&G Foods, Inc. (NYSE: BGS) – Best vegan stock to invest in with dividend yield of 6.22%.

B&G Foods, Inc. (NYSE: BGS) is ranked 6th among the top 10 vegan stocks to buy right now. Based in New Jersey, this shelf-stable and frozen food producer owns Farmwise LLC, which it bought in early 2020. Veggie Fries, Veggie Rings, and Veggie Tots are among the vegan frozen foods produced by Farmwise LLC. Gluten, wheat, soy, dairy, tree nuts, and peanuts are all absent from the company’s vegan, non-GMO project-certified products.

The company’s market capitalization is $1.98 billion. In 2020, B&G Foods, Inc. had $1.97 billion in revenue, up from $1.6 billion in 2019. The vegan stock pays out a 6.22 percent dividend yield. BGS stock has increased by 13.74% percent in the last year.

Vegan Stocks - BGS

68% of retail investor accounts lose money when trading CFDs with this provider.

7. Very Good Food Company (VERY) – This Canada-based food company is a plant-based meat and vegan cheese producer in British Columbia.

Founded in 2017, the Very Good Food Company is a plant-based meat and vegan cheese company that operates out of British Columbia. Many readers may recognise this company from their appearance on Dragon’s Den in 2018 during which time they secured over $600,000 in funding. 

The company is one of the few vegan penny stocks currently on the public markets and one of two vegan penny stocks on our list. Their stock price has seen the largest decline over the last year falling a massive 71.30% since March 2021. As with any penny stock, this is definitely a high-risk play for any investor. That said, the potential rewards are quite significant. VERY is set to take advantage of a significant production ramp-up in 2022, which may well fuel the next stage of this company’s growth. 

Vegan stocks - VERY

 

68% of retail investor accounts lose money when trading CFDs with this provider.

8. Else Nutrition Holdings (BABY) – Specialised producer of baby food products offering plant-based nutritional products for infants, toddlers, and young children.

Else Nutrition Holdings’s ticker symbol is perhaps the aptest for the kind of products that they sell. BABY focuses on the manufacturing and sale of plant-based food and nutritional products to infants, toddlers, and children. 

Else Nutrition is the second vegan penny stock on our list and much like many of the other stocks mentioned here, its share price has suffered a significant decline. Over the last year, their share price has fallen 46.97% down from a high of $4.86 CAD to $1.89. 

Despite the sharp fall in the share price, the company is showing huge potential for future growth. With plans to increase the product lines and expand their locations, their management team has built a strong foundation for future growth in the coming years. However, as with any investment into penny stocks, investors should exercise caution as micro-cap companies are highly prone to volatility. 

68% of retail investor accounts lose money when trading CFDs with this provider.

9. Calavo Growers (CVGW) – CVGW is a grower of a wide selection of fruits and vegetables. They are an industry leader in the production of avocados.

As any millennial will tell you, avocados are a necessary staple of the vegan diet. Thankfully, just over half of Calavo Growers’s revenue comes from the sale of the avocados it produces. The demand for avocados has exploded over the last five years and this increased demand has translated into strong growth for CVGW. Unfortunately, the stock price does not currently reflect this. In line with the general industry pullback, CVGW stock is currently down 42% over the last 6 months. 

However, this pullback may only be a temporary setback.  The demand for avocados is steadily increasing and there appears to be no sign of that increasing demand slowing down in the near future. With avocado trees taking up to 13 years to mature enough to produce a healthy supply of avocados, Calavo Growers is in an excellent position to capitalise on this increased demand and may well enjoy significant growth over the next few years. Analysts are well aware of this and are predicting a 1-year price target of $55 per share. If the demand for avocados continues and CVGW is able to execute well, we may see this price target revised to even higher numbers. 

68% of retail investor accounts lose money when trading CFDs with this provider.

10. Hain Celestial (HAIN) – One of the more diversified companies on our list, HAIN is known for a wide variety of brands including Rice Dream and Celestial Seasonings.

Hain Celestial is another company on our list that doesn’t exclusively remain in the vegan foods category but instead branches out into all manner of plant-based, organic, and natural food products. They have a number of very well-known products such as Rice Dream and Almond Dream milk which have been very popular among customers with vegan diets. 

Recently, HAIN has been drawing back from some of its lower-margin products in an effort to increase its profitability. As a result of these actions, HAIN has seen its gross profits increase substantially despite reporting declining revenue numbers. Generally, it would appear as though HAIN is focusing more and more on the sale of vegan products as these generally yield higher profit margins. 

HAIN has seen respectable growth in its share price with an increase of 10.43% over the last year. The stock currently trades for $41.21 per share with analysts expecting it to rise to $51 a share within the next 12 months. 

68% of retail investor accounts lose money when trading CFDs with this provider.

Are Vegan Stocks a Good Investment? 

According to a recent study released by Allied Market Research, global vegan food markets are expected to continue their already impressive growth rates. Analysts expect a compounded annual growth rate of 10.5% until at least 2026. At these rates of growth, the vegan market will easily outperform the overall food industry in the coming years and investors are rightly looking into which vegan company stocks might perform best.

Are vegan stocks a good investment

If you have analysed the data found in the price charts above then you will have certainly concluded that had this question been asked a year ago, inarguably the answer would be no. Vegan stocks would have been a terrible thing to have invested into over the last year and you would have been far better served by having invested your money into broad market funds that track one of the major indices. However, since it is today and not a year ago the question remains, are vegan stocks a good investment?

The vegan market is growing every year as more and more people adopt vegan lifestyles and diets. This growing adoption is translating into increasing demand for plant-based food products. The vegan market is certainly here for the long term and investors who have a long time horizon for their investments are likely to do well. With valuations having fallen over the last year and many vegan food companies preparing to expand their product lines and streamlining their sales funnels, this may be a great entry point for those who wish to hold vegan stocks in their investment portfolios. 

Of course, whilst vegan stocks may prove to be fantastic investments, they are not without risks. Despite the decline in many of the share prices listed above, these vegan stocks are still highly valued with the expectation of strong growth in their sales over the coming years. Any managerial failures or missteps may result in the values of these vegan stocks continuing to fall. 

Best Brokers to Buy Vegan Stocks

In order to invest in vegan stocks, you will first need to decide on which brokerage to use. Brokerages are our gateway into the financial system, they are online platforms that connect buyers and sellers to facilitate a transaction. With the development of online investing platforms, it has become easier than ever to invest in the financial markets.

Choosing the right broker for you is an important decision because it impacts everything from the fees you pay to the trading tools you have at your disposal when trading. With the growing interest in trading and investing, it is now more vital than ever that traders sign up to a reputable broker when they begin trading in the financial markets. Let’s take a look at two of the best brokerages to buy vegan stocks. 

1. eToro – Best Broker to Invest in Vegan Stocks with 0% Commission 

etoro-newOur preferred UK stock broker, and possibly one of the best FCA brokers in the country, is eToro. To begin with, the stock broker enables you to invest in regular stocks without having to pay any commissions or share trading fees. Instead, the spread is the only ‘cost’ you have to pay. You will be entitled to dividend payouts as and when they are paid if you do not use leverage or short-sell your chosen stock.

etoro stocks list

The hallmark of the eToro platform is the unique social trading features that include the innovative copy trading function. This function allows traders to copy the trades of the most successful traders on the platform and benefit from their wealth of experience. You can watch what these veteran traders do in real-time or set your account to automatically mimic their trades. 

If you want to branch out into other areas of the investment world, eToro also offers funds and ETFs. Other platforms, like as Capital.com and Plus500, exclusively operate as the best CFD brokers, therefore you can see the difference in our eToro vs Plus500 comparison.

eToro is one of the safest and cheapest brokers due to their international brand and multi-jurisdictional regulatory compliance. The robust regulatory frameworks within which they operate coupled with their 0% commissions on stock trading and the wide range of stocks available to trade on their platform makes them an excellent choice for anyone who is looking to begin their investing careers. In fact, many of the best vegan stocks mentioned above are available on eToro. 

Pros:

  • User-friendly online stock trading platform
  • Trade shares with zero commissions and 0% share dealing charges
  • 800+ stocks listed on 17 UK and international markets
  • Deposit funds with a debit/credit card, e-wallet, or UK bank account
  • Access to copy trading tools
  • FCA regulated

Cons:

  • Small $5 withdrawal fee

68% of retail investor accounts lose money when trading CFDs with this provider.

2. Capital.com – Top-Rated Global CFD Broker with Low Fees 

Capital.comcapital-logo is one of the most well-regarded brokerages on the market. Their bespoke trading platform is intuitively designed to assist investors in making the best possible investment decisions for them. Much like eToro, they are highly regulated by some of the best financial regulators in the world ensuring that their users are afforded every protection possible.

Capital.com does not charge any commissions on any trades, making it a very appealing broker for all types of stock traders. On its share CFDs, the broker charges spreads, but they’re among the lowest in the UK. All stocks can be traded with up to 5:1 leverage, and there are no inactivity fees if you take a break from trading. 

capital.com stocks

For web and mobile devices, Capital.com has its own custom-built trading platform. It’s simple to use and comes with dozens of technical indicators to help you find the best trading opportunities. Better yet, the platform connects with TradingView, allowing you to quickly design your own charts and move between a variety of complex chart types.

Similarly, they refrain from charging their users any commission on stock trading and offer their clients the highest spreads possible to ensure maximum profitability on any trades/investments. Much like eToro, capital.com is one of the finest brokerages available on the market today. Capital.com also facilitates spread betting, making it one of the best spread betting brokers across the board.

Pros:

  • Fully regulated by ASIC, FCA, and CySEC
  • Offers heaps of markets
  • Cutting-edge mobile trading app
  • Seamless account opening process
  • Great 24/7 customer support

Cons:

  • Only supports CFDs and real stocks for traders under the FCA

75.26% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.

How To Buy Vegan Stocks

So you’ve done your research and you’re ready to start buying vegan stocks? Let’s take a look at how you can do this using an eToro brokerage account. 

Step 1: Account Creation

First thing’s first, head over to www.etoro.com to sign up for an account. You can sign up using your email, Google account, or Facebook. 

In order to complete the account creation process and begin trading, prospective users will need to comply with various KYC regulatory requirements by providing identification documents including a copy of your passport and a document that provides proof of residence such as a utility bill. 

Step 2: Funding Your Account

Once you have created your account you will be required to fund it in order to begin trading. The funding process is extremely straightforward and begins by selecting the “Deposit Funds” option on the bottom left-hand side of the screen. Once selected, you will be presented with the option to fund your account using a range of different payment methods. Please note that the current minimum deposit is just $50.

Step 3: Buy Vegan Stocks

Now that your account is fully funded, you are ready to make your first purchase. To do this, simply enter the name of the stock you wish to trade into the search menu and then select “trade”. You can see an example with Beyond Meat below. 

Once selected, you will be presented with a window to enter the specifics of your trade including the number of shares you wish to purchase or any leverage, stop-losses, or take-profit orders you wish to apply to the trade. 

Conclusion

Whilst vegan stocks have certainly had their share prices beaten down over the last year, the industry itself is growing consistently and the internal metrics of individual vegan food companies are highly promising. For those of you who believe a turnaround may be coming, check out the link below to sign up for an account with eToro today!

eToro – Best Discount Broker to Buy Vegan Stocks With 0% Commission

etoro-new

68% of retail investor accounts lose money when trading CFDs with this provider.

Frequently Asked Questions on Vegan Stocks

What is a good vegan stock to buy?

What are the top 5 vegan stocks?

About Alan Draper PRO INVESTOR

Alan is the Chief Editor of the Buyshares sites and is responsible for ensuring all the content on our site is accurate, relevant and helpful. He is an experienced editor who has worked for several leading online publications. Alan is also a writer and is an expert on the stock market.

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