7 Best Vegan Stocks to Buy Now With all the projected growth for plant-based food and beverage companies, it’s not surprising that investors continue to look for the best vegan stocks to buy. Despite the industry’s growth slowing in 2021, Bloomberg Intelligence’s recent report on plant-based food and beverage suggests that plant-based revenue — which includes dairy, meat, and other plant-based alternatives — could grow to $166 billion by 2031 from less than $50 billion today. “Given the softer performance in 2021 and what we expect to be a fairly conservative 2022, we still believe the industry will reach 5% penetration of the global meat market by 2031, but that the growth will accelerate a bit later than our original forecast,” Bloomberg Intelligence senior analyst Sarah Bartashus wrote in May. Currently, plant-based meat alternatives account for 0.8% of the meat market. That’s expected to grow as much as 10-fold over the next nine years. High-Quality Stocks to Buy That Are Trading Below Fair Value Here are seven providers of vegan and plant-based products that will benefit if Bloomberg Intelligence’s projections come to pass.