20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
The plant-based meat alternative faces a "huge opportunity" in the coming years, according to UBS European chemicals equity analyst Andrew Stott.
What Happened
Investors can find several signs of growth potential in the plant-based food market with the latest coming from the combination of International Flavors & Fragrances Inc (NYSE:IFF) with Dupont's Nutrition & Biosciences business, Stott said Friday on CNBC. Specifically, part of a slideshow presentation the companies made to explain the merger specifically calls out plant-based food products.
Despite growing demand and potential, one of the bigger issues hurting the plant-based food market is the unfavorable bitter aftertaste present in may products, Stott said. The research firm's conversations with Beyond Meat Inc (NASDAQ:BYND) R&D department point to a revenue uplift potential of four times for the consumer ingredient companies who address these concerns.
Environmental Considerations
Global consumption of beef has doubled over the past 35 years on a per capita basis, he said. The toll this causes to the environment is "huge" and plant-based food can play a role in easing environmental concerns.
Through 2025, animal-based meat consumption per capita is expected to rise by 0.1% while over the same time period the plant-based meat market will increase by 30%, according to the firm's research. But put in perspective, the plant-based food market will be worth just $50 billion, or around 5% of the total addressable market.
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20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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