According to our (Global Info Research) latest study, the global Vegan Seafood Products market size was valued at USD 3021 million in 2022 and is forecast to a readjusted size of USD 4353.7 million by 2029 with a CAGR of 5.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
With the increase in vegan and vegetarian diets, many companies have responded with plant-based seafood options. In the past, plant-based protein options were limited to beef, poultry and pork look-alikes, however, now we can find plant-based fish and shellfish of many varieties. Although the industry is very new, the products are gaining popularity fast. The plant-based meat industry is worth more than $900 million, and saw an 18% increase in sales last year. According to market research by the Plant-Based Foods Association, 79% of millenials already consume plant-based meats, and plant-based seafood producers expect the same popularity for fish-less products. Plant-based tuna, salmon, caviar, scallops, squid, crab and shrimp have already entered the market. The most common ingredients in these products are soy, seaweed, yeast, legumes and various vegetable oils and starches.
Vegan Seafood Product is seafood made without any animals. It’s better for the oceans and marine life because it’s not attached to overfishing and ghost nets. Animal-free ingredients can be used to make shrimp, canned tuna, fish filets, sushi-grade fish, crab cakes, and more. What it’s made from varies by brand. Some use protein-rich legumes to mimic the flaky texture of fish. Others use soy for a meaty texture. Or, some use konjac, a root vegetable that’s used to make zero-calorie foods like shirataki noodles and konnyaku, a bouncy, chewy cake that’s used in Japanese cuisine.
This report is a detailed and comprehensive analysis for global Vegan Seafood Products market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Sales Channel. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Vegan Seafood Products market size and forecasts, in consumption value ($ Million), 2018-2029
Global Vegan Seafood Products market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Vegan Seafood Products market size and forecasts, by Type and by Sales Channel, in consumption value ($ Million), 2018-2029
Global Vegan Seafood Products market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Vegan Seafood Products
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Vegan Seafood Products market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Current Foods, Gardein, Good Catch, New Wave Foods and Jinka, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Vegan Seafood Products market is split by Type and by Sales Channel. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Sales Channel. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Fish Food
Crab Food
Shrimp Food
Others
Market segment by Sales Channel
Online Sales
Supermarket
Convenient Store
Others
Market segment by players, this report covers
Current Foods
Gardein
Good Catch
New Wave Foods
Jinka
Ocean Hugger Foods
OmniFoods
Sophie’s Kitchen
BeLeaf
Avafina
Loma Linda
All Vegetarian
Goldie Lox
Hungry Planet
The Plant Based Seafood
Fazenda Futuro
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Vegan Seafood Products product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Vegan Seafood Products, with revenue, gross margin and global market share of Vegan Seafood Products from 2018 to 2023.
Chapter 3, the Vegan Seafood Products competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Vegan Seafood Products market forecast, by regions, type and sales channel, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Vegan Seafood Products.
Chapter 13, to describe Vegan Seafood Products research findings and conclusion.
Summary:
Get latest Market Research Reports on Vegan Seafood Products. Industry analysis & Market Report on Vegan Seafood Products is a syndicated market report, published as Global Vegan Seafood Products Market 2023 by Company, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Vegan Seafood Products market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.