10 High Growth Food Stocks to Buy

3. Bellring Brands, Inc. (NYSE:BRBR)

Number of Hedge Funds Holders: 42

5-year Revenue CAGR: 18.05%

Bellring Brands, Inc. (NYSE:BRBR) is making significant progress in the nutrition industry, especially with its flagship brands, Premier Protein and Dymatize. As protein-based diets become more popular, BellRing has successfully positioned itself to capture a larger share of the market. With strong consumer demand and an effective expansion strategy, the company is recognized as one of the high growth food stocks to buy.

Bellring Brands, Inc. (NYSE:BRBR) is off to a strong start in fiscal year 2025. Premier Protein contributed significantly to the 25% increase in net sales and adjusted EBITDA. The brand saw a 23% increase in shake consumption, cementing its position as a leader in the ready-to-drink (RTD) protein market with a 26% market share. Furthermore, the introduction of a new indulgent line of shakes and powders has contributed to increased market penetration, enhancing Premier Protein’s appeal.

Furthermore, Bellring Brands, Inc. (NYSE:BRBR) has also benefited from the broader expansion of the Convenient Nutrition segment, which has grown to $19 billion, with RTD protein beverages leading the way with an 18% growth rate. The company’s efforts to expand distribution channels and launch targeted marketing campaigns have resulted in sustained demand for its products, putting it in a good position to capitalize on this shift in consumer preference.

However, investors should be aware of recent insider trading. Director Robert V. Vitale sold more than $6.1 million in shares, primarily to meet tax obligations. While insider sales are not uncommon, they should always be monitored in conjunction with broader market sentiments.

Regardless, investor confidence remains high. According to Insider Monkey’s database, 42 hedge funds have invested in Bellring Brands, Inc. (NYSE:BRBR), and the company’s stock has increased 37.2% in the last six months. This growth reflects a strong belief in the company’s future prospects. Thus, the company remains a compelling player in the nutrition space, with expanding product offerings, increasing consumer adoption, and a dominant presence in the fast-growing protein segment.