As vegan products become increasingly popular, opportunities to tap into the the vegan market have reaped excellent rewards.
Beyond Meat’s recent Wall Street success follows many other business’ decisions expand into the vegan market, not least the new Greggs vegan sausage roll! Supermarkets are also offering more vegan products and Waitrose has even started a dedicated vegan section in stores.
With the UK having c.1.7m vegetarians and vegans, international expansion provides exciting growth opportunities for Beyond Meat.
Here at Polestar we love to see fast growing innovative brands with international growth. Any excuse to work with great companies and our overseas partners.
Shares of vegan burger maker Beyond Meat soared on their Wall Street debut as investors bet on the growing popularity of plant-based foods.
The stock closed up 163% on the first day of trading, valuing the California company at close to $3.8bn.