Plant-based Seafood Market To Worth US$ 853.7 Million by 2032 | With a Striking 29.5% CAGR - IMARC Group

Plant-based Seafood Market Outlook 2024-2032 :

IMARC Group's latest report, titled "Plant-based Seafood Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032," The global plant-based seafood market size reached US$ 81.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 853.7 Million by 2032, exhibiting a growth rate (CAGR) of 29.5% during 2024-2032.

Global Plant-based Seafood Market Growth and Demand:

The global plant-based seafood market is majorly driven by the increasing consumer awareness of environmental and ethical issues associated with traditional seafood sourcing. The rising concerns about overfishing, ocean pollution, and the impact of fishing practices on marine ecosystems are compelling consumers to seek sustainable alternatives. This shift is bolstered by the growing health consciousness among consumers, who are attracted to the health benefits of plant-based diets, including lower risks of contaminants and allergens associated with real seafood. Along with this, technological advancements in food science and manufacturing, enabling the creation of plant-based seafood products with improved taste, texture, and nutritional profiles, are favoring the market. In addition, the investment and interest from major food industry players in developing plant-based seafood options signal a strong market potential. Furthermore, the development of diverse product offerings, strategic marketing, and distribution efforts, coupled with increasing availability in mainstream grocery stores and restaurants, are creating a positive market outlook.

Request Sample Report: https://www.imarcgroup.com/plant-based-seafood-market/requestsample

Top Plant-based Seafood Companies:

• 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

Plant-based Seafood Trends:

Plant-based seafood is an innovative food category that replicates the taste, texture, and nutritional value of traditional seafood using plant-derived ingredients. It is designed to offer a sustainable and ethical alternative to conventional seafood, addressing environmental and ethical concerns associated with overfishing and bycatch. Plant-based seafood products range from alternatives for fish fillets, shrimp, and tuna to crab cakes and scallops, primarily manufactured from ingredients such as soy protein, pea protein, seaweed, and other plant-based materials. These products are engineered to mimic the flavor profiles of seafood while being free from mercury and other contaminants found in ocean fish. The advantages of plant-based seafood include its appeal to vegans, vegetarians, and flexitarians, alongside those with seafood allergies. It's also significant for its lower environmental footprint, contributing to ocean conservation and reducing the impact on marine life.

Do you know more information, Contact to our analyst at- https://www.imarcgroup.com/plant-based-seafood-market

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)

Related Report By IMARC Group:

• https://www.einnews.com/pr_news/616892331/cold-pressed-oil-market-growth-outlook-demand-key-player-analysis-and-opportunity-2023-2028

• https://www.einnews.com/amp/pr_news/646058939/cooking-oil-market-to-grow-at-us-250-0-billion-by-2028

• https://www.einnews.com/pr_news/646062004/concierge-medicine-market-to-hit-us-32-7-billion-by-2028

• https://www.einnews.com/pr_news/648171372/medical-publishing-market-research-report-2023-2028-industry-growth-share-size-and-forecast

• https://www.einpresswire.com/article/644042632/bike-sharing-market-growth-outlook-demand-key-players-analysis-and-opportunity-2023-2028

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, 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.