Manufacturers and suppliers are investing billions in developing new foods and services as the world grapples with multiple challenges. A surge in the global population is likely to increase food demand by 60 percent in the next 30 years, requiring more sustainable agricultural production. Closer to home, the move towards plant-based diets and consumer demand for out of home dining options is opening up opportunities for manufacturers, retailers and even technology firms.
eToro’s new foodtech investment portfolio is unique as it comprises a diverse range of companies working in the sector, from innovators through to established players. It includes well-known brands like Danone (BN.PA), which invests its own capital in foodtech disruptors2 and relative newcomers such as Beyond Meat (BYND), which quadrupled its stock value3 in three months following its IPO in May.
Yoni Assia, CEO and Co-founder of eToro, says: “We always say invest in your passions, and there is little that excites more passion and debate than food these days. Whether it is taking more interest in the food we consume and our own health, or the way it is produced and the impact it has on the environment.”
“But it is a fast moving industry and it can be confusing for the private investor to understand the factors that drive the performance of individual stocks. While there are well-established big brands like Danone and Nestle, start-ups like Beyond Meat and Blue Apron are also having an impact on the sector. eToro’s foodtech portfolio has been designed to provide a diversified long-term investment option for investors,” Assia says.