10 Best Alternative Meat Stocks to Invest In According to Analysts

8. Kellanova (NYSE:K)

Stock Upside Potential as of July 23: 4.60%

Number of Hedge Fund Holders: 71

Kellanova (NYSE:K) is one of the best alternative meat stocks to invest in according to analysts. On July 22, the company announced that it is on track to eliminate FD&C synthetic colors from all U.S. products by the end of 2027, with school foods transitioning by the 2026–2027 academic year.

Already, 80% of its retail items and 95% of K-12 offerings are free of these additives, reflecting strong progress in its clean-label initiative. The company has revamped key product lines like Eggo, Nutri-Grain, RXBAR, and Morningstar Farms to exclude artificial colors. For remaining items, Kellanova is actively exploring natural alternatives that preserve taste and texture, reinforcing its commitment to healthier ingredients without compromising quality.

Kellanova (NYSE:K) is a global snacking and frozen foods company. It was formed in 2023 following the split of the Kellogg Company. Through its MorningStar Farms division, the company offers alternative meat products, including Chik’n nuggets & tenders, burgers, sausage & bacon-style strips, corn dogs, and other familiar meat-style products. It launched the Incogmeato line in 2019 to deliver refrigerated and frozen plant-based burgers, bratwurst, Italian sausage, and Chik’n items that mimic the texture of meat.