The global demand for Plant-based Seafood Market is presumed to reach the market size of nearly USD 1100.49 MN by 2030 from USD 61.2 MN in 2022 with a CAGR of 43.5% under the study period 2023 - 2030.
Plant-based seafood refers to food products that mimic the taste, texture, and appearance of seafood but are made entirely from plant-based ingredients. These innovative food products are designed to provide a sustainable and ethical alternative to traditional seafood derived from marine animals.
The increasing demand for plant-based and vegan options is a significant driver. More individuals are adopting plant-based and vegan diets due to concerns over animal welfare, health consciousness, and environmental sustainability. Plant-based seafood provides a suitable alternative for seafood lovers who want to avoid consuming animal-based products while still enjoying the taste and texture of seafood. Environmental sustainability and overfishing concerns are also driving the market. The fishing industry faces challenges related to overfishing, depletion of marine resources, and ecological damage. Plant-based seafood offers a sustainable solution by reducing the reliance on fishing and minimizing the impact on marine ecosystems. Health and nutritional considerations play a role in the market growth. This food is often lower in saturated fat, cholesterol, and mercury, making it an attractive option for health-conscious consumers seeking nutritious alternatives. Technological advancements and product innovation have led to the development of plant-based seafood products that resemble traditional seafood in taste, texture, and appearance. Ongoing innovation in ingredients, flavours, and production techniques enhances the quality and variety of these seafood offerings, attracting more consumers. Increased availability and accessibility of these products contribute to market growth. With its growing availability in grocery stores, restaurants, and online platforms, it is becoming easier for consumers to find and incorporate into their diets. Changing consumer preferences and food culture, prioritizing sustainability and ethical choices, also drives the market. Plant-based seafood allows individuals to enjoy seafood flavours without the ethical concerns associated with traditional fishing practices.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of plant-based seafood. The growth and trends of plant-based seafood industry provide a holistic approach to this study.
This section of the plant-based seafood market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Distribution Channel
By Consumer
By Product
By Source
This section covers the regional outlook, which accentuates current and future demand for the Plant-based Seafood market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Plant-based Seafood market include Ahimsa Foods, gardeinâ„¢, MorningStar Farms, Tyson Foods, Inc., Impossible Foods Inc., Tofuna Fysh, good catch foods, PURIS, New Wave Foods, Ocean Hugger Foods, Sophie's Kitchen, Inc., Ingredion GmbH, Sotexpro, Glanbia Plc, sofine foods. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . PLANT-BASED SEAFOOD – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Distribution Channel
3.7.2 Market Attractiveness Analysis By Consumer
3.7.3 Market Attractiveness Analysis By Product
3.7.4 Market Attractiveness Analysis By Source
3.7.5 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL PLANT-BASED SEAFOOD MARKET ANALYSIS BY DISTRIBUTION CHANNEL
5.1 Overview by Distribution Channel
5.2 Historical and Forecast Data
5.3 Analysis by Distribution Channel
5.4 Supermarkets And Hypermarkets Historic and Forecast Sales by Regions
5.5 Specialty Stores Historic and Forecast Sales by Regions
5.6 HoReCa Historic and Forecast Sales by Regions
5.7 Convenience Stores Historic and Forecast Sales by Regions
5.8 Online Sales Historic and Forecast Sales by Regions
6 . GLOBAL PLANT-BASED SEAFOOD MARKET ANALYSIS BY CONSUMER
6.1 Overview by Consumer
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