“Canada is one of the top countries in the world for FoodTech.”
People are becoming more conscious about what they eat and how it affects their environment.
Jeremy is a Canadian plant-based food industry expert with more than a decade of private investment and public policy experience.
He has advised entities such as Boosh (CSE: VEGI).
MORE CAPITAL IS NEEDED
The technology behind plant-based foods is complex, and the expansion of capital is what it will take to turn small, innovative companies into large-scale food production operations. Most small-cap plant-based food companies are in the startup phase with not a whole lot of revenue, but they are a great introductory investment for those new to the space and an opportunity to grow with these companies.
M&A IS EXTREMELY COMMON
Small-cap plant-based food companies are constantly being acquired by large food producers who are capitalizing on West Coast attitudes that lean toward mindfulness and nature. These attitudes are becoming more common with Millennials and Gen Z’ers across the globe, and large producers are taking note. This is only the beginning.
THE TIP OF THE ICEBERG
The year 2020 was the biggest year for the financing of plant-based companies — from pea proteins to lab-grown animal meat. Canada has always been a nice testing ground for food-based companies looking to expand into the U.S. market, and all signs point to increased adoption throughout North America and the rest of the world.