Plant-Based Fish Market Analysis Research Report 2032 - PowerPoint PPT Presentation

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Plant-Based Fish Market Analysis Research Report 2032


Plant-Based Fish Market size was valued at over USD 800 million in 2022 and is projected to progress at a 5.5% CAGR from 2023 to 2032. – PowerPoint PPT presentation

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Title: Plant-Based Fish Market Analysis Research Report 2032

Plant-Based Fish Market Size to Cross USD 1.3 Bn
by 2032
Overview of Plant-Based Fish Market
  • The plant-based fish market valuation is poised
    to be worth USD 1.3 billion by 2030, as reported
    in a research study by Global Market Insights
  • With concerns about overfishing and environmental
    impact becoming more urgent, plant-based fish
    products have emerged as a sustainable and
    ethical alternative to traditional seafood.
  • Consumers are becoming increasingly aware of the
    environmental implications of their dietary
    choices, leading to a significant increase in
    demand for plant-based alternatives to fish.
    Abandoned, lost, or discarded fishing gear is one
    of the most hazardous forms of marine plastic
    waste. According to the WUN Global Research
    Group, close to 640 thousand tons of fishing
    equipment get dumped into the ocean each year.
    Rising awareness of these environmental impacts
    of traditional fishing practices, concerns about
    overfishing and depletion of fish stocks, and
    rising demand for sustainable and ethical food
    choices will thus expedite market expansion.

  • The plant-based fish market from the burger patty
    product segment is set to witness robust growth
    from 2023 to 2032. Plant-based burger patties
    made with ingredients like soy, peas, and algae
    are now widely available and have gained favor
    among consumers seeking a convenient and
    satisfying alternative to traditional fish-based
  • Manufacturers are also focusing on improving the
    taste and texture of their plant-based fish
    offerings to cater to the diverse preferences of
    consumers. Innovations in formulation and
    manufacturing processes have enabled companies to
    create products that mimic the taste, texture,
    and nutritional profile of traditional fish
    patties. Shifting preference toward sustainable
    alternatives will augment the market demand over
    the forecast period.
  • Plant-based fish market share from the online
    retail segment will record significant
    remuneration by 2032. E-commerce platforms have
    made it easier for consumers to access a wide
    range of plant-based fish products, regardless of
    their location. The convenience and accessibility
    offered by online retailers help expand the
    availability of fish alternatives to a larger
    consumer base.

  • North America plant-based fish market is set to
    increase at a commendable rate through 2032,
    driven by factors such as widespread awareness of
    the benefits of plant-based diets, a strong
    presence of market players, and favorable
    regulatory environments. The United States has
    witnessed a surge in demand for plant-based fish
    products, with many consumers seeking to
    incorporate more sustainable and healthy options
    into their diets.
  • Notable participants in the Plant-Based Fish
    market include Beyond Meat, Inc., Archer Daniels
    Midland Company, Kelloggs, Impossible Foods,
    Aspire Food Groups, Aleph Farms, CHS Inc,
    Vestkrom, Glanbia PLC, Nestle SA, Gushen
    Biotechnology Ltd.

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