A financial report shakes a sector, what s going on?

Mondo Social Updated on 2024-02-29

On February 28, the long-lost concept of artificial meat opened sharply, with Dongbao Bio's "20cm" daily limit, and Shuangta Food and Suobao Protein's "one" daily limit. On the news side, on February 27, local time, the fourth-quarter financial report disclosed by the U.S. stock artificial meat leader Beyond Meat showed that its net revenue in the fourth fiscal quarter reached $73.7 million, far exceeding market expectations of $66.8 million. Affected by this, Beyond Meat rose 73 after hours52%。In fact, the artificial meat boom rose as early as 2019, but due to factors such as taste and **, it gradually ebbed in the following years. Affected by environmental protection, health and other factors, the industry prospect of artificial meat is still optimistic about the market for a long time. With the improvement of Beyond Meat's performance, has the artificial meat industry ushered in an opportunity for development? What are the opportunities for domestic listed companies with in-depth layout? The "artificial meat" craze is back on the riseIn fact, the global "artificial meat" craze set off in 2019 was detonated by Beyond Meat. On May 2 of that year, Beyond Meat, as the "first stock of artificial meat", rose 163% on the first day of listing, closing at 65$75 shares, and rose as much as 239 in the following two months71 yuan shares, an increase of nearly 10 times from the issue price. Not only that, artificial meat companies Impossible Foods, Week Zero Starfield, V2Food, and Uneaten have also received financing. At the industry level, catering giants such as KFC, Starbucks, and Pizza Hut have taken the lead, and domestic veteran meat product companies such as Shuangta Food, Jinzi Ham, and Shuanghui Development have also followed up, and the "artificial meat" boom was completely detonated in 2019. The rise of artificial meat boom is closely related to environmental protection, health and other factors. In the case of plant-based meat, for example, only about 02 kg of carbon dioxide, consume 08 cubic meters of water and occupy 10 square meters of land. For every 1kg of beef produced, 12 kg of CO2 is emitted, 4 cubic metres of water is consumed and 1,020 square metres of land is used. However, because of the poor taste and high price, the smash hit artificial meat soon died down. Previously, some investment institutions had conducted a survey on the beef products of a plant-based meat brand on the market, and found that its related products were about 125% higher than ordinary beef, and even 40% higher than organic meat. From 2021 onwards, due to poor sales, Starbucks, Burger King and others have removed artificial meat products from the shelves. However, the long-term prospects of artificial meat are still optimistic about the market. According to data released by Research and Markets, an authoritative market research agency, the global plant-based meat market size was about $13.6 billion in 2020, and the global plant-based meat industry market size is expected to reach $35 billion by 2027, with an average annual compound growth rate of 144%。In-depth layout of listed companiesChuan Cai** pointed out that China's plant-based meat market is still in its infancy, but the development speed is relatively fast, benefiting from the demographic dividend brought by the huge population base in China, and the market development potential is huge. In the future, China's plant-based meat market is expected to account for half of the global market. In fact, at the beginning of the rise of the artificial meat boom, domestic listed companies were deeply involved. For example, during the Mid-Autumn Festival in 2019, 1,000 artificial meat mooncakes with a retail price of 168 yuan were sold out quickly after being put on the shelves of e-commerce channels, and the first batch of 3,000 artificial meat mooncakes with a retail price of 168 yuan were also sold out by its partner "Zhen Meat". The layout of domestic listed companies is also very in-depth. Take today's "20cm" limitDongbao BiotechFor example, the company is the only company in the A-share market that focuses on the whole collagen industry chain, and has formed a production, R&D, sales and service system of high-quality bone base-gelatin-collagen-nutritional and health products and pharmaceutical materials. It is understood that the company's "Yuansu" brand animal and plant double protein artificial meat has been listed, and the company is the first domestic enterprise to obtain the production license of animal and plant double protein food. Today's "one" word limitSobao proteinRecently, in response to investors' questions on the investor interactive platform, he also said that plant-based meat has become a hot trend in the global food industry, and plant-based meat provides consumers with more diversified dietary choices, and consumers also put forward higher requirements in taste, flavor and health. The company's soybean protein series products can be widely used in plant-based meat production. AgainShandong HeadFor example, as early as 2020, the company and Gaoqi jointly invested in the establishment of Mitga to accelerate the application of food-grade cellulose ether in the field of plant-based protein artificial meat. Guojin ** said that the application field of Shandong Head cellulose ether has gradually expanded, and the development of artificial meat has driven the growth of the company's demand for food-grade cellulose ether, and the proportion of food-grade cellulose ether in artificial meat is currently 25%-3%, there is huge room for growth in the future. Review: Cheng Zhu.

Editor: Ya Wenhui.

Proofreader: Zhang Lijing.

Producer: Yu Zhe.

Issued by: Peng Yong.

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