At CAGR of 30.4%, Plant-based Seafood Market Analysis Report 2022-2027

According IMARC Group's latest research report, titled "Plant-based Seafood Market Share: Global Industry Trends, Size, Growth, Opportunity, and Forecast 2022-2027," The global plant-based seafood market is expected to exhibit a CAGR of 30.4% during 2022-2027.

Plant-based seafood is mainly prepared for individuals who do not consume farm- or ocean-sourced seafood due to ethical reasons or allergies. It is produced by mixing plant protein, starch, edible oils, soy, vegetable extracts, and seasonings. Additionally, it is further processed with coloring agents and additives to acquire similar color, appearance, flavor, and texture as seafood. It is considered ecologically sustainable as industrial fishing and fish farming entails severe ethical and environmental consequences while mitigating the pressure on depleting fisheries around the world. Due to the easy availability of a wide range of plant-based seafood options as an alternative to popular fish and seafood dishes, there is gaining prominence among individuals.

Get Free Sample Copy of Report at - https://www.imarcgroup.com/plant-based-seafood-market/requestsample

Global Market Growth:

The global market is majorly driven by the growing trend of veganism among the masses. This can be attributed to the rising consumption of sustainable food and beverage products due to the shifting lifestyle preferences of individuals. Along with this, the increasing concerns about the environment and animal protection, coupled with numerous initiatives undertaken by welfare organizations to raise the consciousness of animal rights, are accelerating consumer interest in plant-based diets. In line with this, the launch of numerous campaigns by the governments to promote the consumption of plant-based seafood to reduce the adverse impact of fishing on aquatic ecosystems is propelling the market growth.

Browse Full Report With TOC: https://www.imarcgroup.com/plant-based-seafood-market

Global Market Demand:

Apart from this, the rising prevalence of chronic gastrointestinal disorders as a consequence of the presence of mercury and other toxic pollutants in seafood is boosting the demand for plant-based seafood. Moreover, the growing awareness regarding the health benefits offered by plant-based seafood products due to the presence of soy as a raw material that is rich in amino acids is providing a boost to the product uptake across the globe. It is gaining high prominence on account of its ability to improve solubility, viscosity, water absorption, emulsification, and texture of the final product, thus escalating the demand for soy in plant-based seafood products. Furthermore, the increasing preference for canned, ready-to-eat, and the frozen variant of plant-based seafood due to the hectic schedules of the masses are creating a positive market outlook. Some other factors driving the market include rapid urbanization and inflating disposable income levels of individuals.

Key Players Included in Global Plant-based Seafood Market Research Report:

• Ahimsa Foods
• Atlantic Natural Foods
• Bonsan
• Ocean Hugger Foods
• Good Catch Foods
• Impossible Foods Inc.
• Sophie's Kitchen Inc
• New Wave Foods
• Gardein, Quorn (Monde Nissin Corporation)
• Qishan Food Limited Company, SoFine Foods
• Tofuna Fysh
• Vivera

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=3087&flag=C

Key Market Segmentation:

Breakup by Product Type:

• Fish Products
• Prawn & Shrimp Products
• Crab Products

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Online
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

TOC for the Plant-based Seafood Market Research Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Plant-based Seafood Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.