Wed, 27/11/2019 - 10:09
eToro has launched a new global investment portfolio focused on foodtech, a sector which is on track to be worth USD700 billion by 2030.
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 per cent 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, through to 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.”
As with all of eToro’s ready made portfolios, the foodtech portfolio comes with a risk rating so people can ensure the investment is in keeping with their risk appetite. Initial investment in the portfolio starts at USD2,000, and investors can access tools and charts to track the portfolio’s performance, while the social feeds will keep them up to date on developments in the foodtech sector.
To help investors understand how the portfolio has been created, as well as the underlying trends driving the foodtech sector, eToro has created a guide and video. The guide explores the research and science behind some of the biggest food developments today, as well as a sobering analysis of the challenges businesses and consumers face.
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