The plant-based meat revolution is in full swing. The category is expected to expand to $13.8 billion in sales by 2027, powered by a brisk compound annual growth rate of nearly 20%, according to Grand View Research.
The world is looking for more environmentally friendly ways to eat, and players in this space such as Beyond Meat (NASDAQ: BYND) should benefit. At first glance, the stock may seem like a good investment, but I’m not so bullish.
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