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Stock impact report

Oatly Group AB (OTLY): the Best Vegan Stock to Buy According to Analysts [Yahoo! Finance]

Oatly Group AB - American Depositary Shares (OTLY) 
Company Research Source: Yahoo! Finance
Group AB (NASDAQ: OTLY ) stands against the other best vegan stocks to buy according to analysts. Overview of the Global Vegan Food Market According to Grand View Research, the global vegan food market was valued at $16.55 billion in 2022. It is anticipated to grow at a compound annual growth rate of 10.7% between 2023 and 2030, reaching a projected revenue of around $37.45 billion by 2030. North America was the largest revenue-generating market in 2021. Country-wise, South Africa is anticipated to register the market's highest compound annual growth rate between 2022 and 2030. The primary reason behind this growth is the continually growing awareness regarding the benefits of a vegan diet. Concerns about animal cruelty and animal health are supporting the growth of this industry, causing people to shift from an animal-based to a plant-based and vegan diet. Grand View Research reported that Grubhub, a major online food delivery application, accounted for the upsurge of 17% in ov Show less Read more
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